Overview
What is Ballenisles Charities Foundation Inc?
Ballenisles Charities Foundation Inc, located in Palm Beach Gardens, Florida, is a charitable organization that contributes to various nonprofit entities within the local community. Its primary mission is to distribute funds for charitable purposes, with a focus on organizations located on the east coast of Florida, including Palm Beach County. These eligible organizations fall under Section 501(C)(3) of the United States Internal Revenue Code, indicating their tax-exempt status. The foundation's activities are geared towards supporting the local community and its citizens by providing financial aid to these charitable organizations.
Official website here: www.ballenislescharitiesfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Ballenisles Charities Foundation Inc has received a solid Three-Star rating, reflecting a strong commitment to accountability and finance, with an overall score derived entirely from its Accountability & Finance metrics. This rating indicates that the foundation has effective practices in place, such as a fully independent board of directors and a commendable program expense ratio of 97.41%, demonstrating that the majority of its resources are directed toward its programs rather than administrative costs.
The organization excels in several key areas, including the absence of any material diversion of assets, which is crucial for maintaining trust with donors. The presence of comprehensive policies, such as conflict of interest and whistleblower policies, further reinforces its commitment to ethical management and transparency. Additionally, the foundation maintains accurate documentation of board meeting minutes, adding to its accountability measures.
However, the rating does not encompass other potential aspects of the organization that could be influential in evaluating its overall impact, such as community feedback or program effectiveness. While the financial management appears strong, potential donors may want to consider additional qualitative factors when assessing the charity's overall contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Ballenisles Charities Foundation Inc legitimate?
Ballenisles Charities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballenisles Charities Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.ballenislescharitiesfoundation.org
What is the mission statement of Ballenisles Charities Foundation Inc?
The Ballenisles Charities Foundation Inc's mission is centered around contributing to charitable organizations that benefit their local community and its citizens. They are committed to soliciting, collecting, administering, and distributing funds for charitable purposes, as outlined in their articles of incorporation. This includes making distributions to organizations located on the East Coast of Florida, specifically within Palm Beach County, that qualify as tax-exempt organizations under Section 501(C)(3) of the United States Internal Revenue Code of 1986. The foundation operates exclusively for public, charitable, and educational purposes.
Official website here: www.ballenislescharitiesfoundation.org
Who is the CEO of Ballenisles Charities Foundation Inc?
Mark Freeman is the President of Ballenisles Charities Foundation Inc.
Official website here: www.ballenislescharitiesfoundation.org
What is the revenue of Ballenisles Charities Foundation Inc?
Ballenisles Charities Foundation Inc's revenue in 2023 was $1,230,958.
Official website here: www.ballenislescharitiesfoundation.org
Who are the executives of Ballenisles Charities Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.ballenislescharitiesfoundation.org
Where can I find the form 990 for Ballenisles Charities Foundation Inc?
Ballenisles Charities Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ballenislescharitiesfoundation.org
Learn more at the official website: www.ballenislescharitiesfoundation.org
Mission Statement of Ballenisles Charities Foundation Inc
Ballenisles Charities Foundation Inc is a philanthropic organization with a mission to contribute to charitable organizations that benefit the local community and its citizens. The foundation's primary objective is to solicit, collect, administer, and distribute funds for charitable purposes. In line with its articles of incorporation, the foundation focuses on making distributions to organizations located on the East Coast of Florida, specifically within Palm Beach County, that qualify as tax-exempt organizations under Section 501(c)(3) of the United States Internal Revenue Code of 1986 (or the corresponding provision of any future law of the Internal Revenue Service or Department of Treasury). Ballenisles Charities Foundation Inc is organized exclusively for public, charitable, and educational purposes, aiming to make a significant impact in the lives of those in need within its community.
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Impact
July, 2024
The impact of Ballenisles Charities Foundation Inc is evident through its contributions to charitable organizations in Palm Beach County, Florida. By providing grants to these organizations, the foundation is positively impacting the local community and its citizens. The foundation's mission of soliciting, collecting, administering, and distributing funds for charitable purposes aligns with its goal of supporting tax-exempt organizations within Palm Beach County. Through its philanthropic efforts, Ballenisles Charities Foundation Inc is making a meaningful difference in the lives of individuals and communities in need.
This information is meant to be a general summary of Ballenisles Charities Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $1,257,066
Assets and Liabilities:
- Total Assets: $248,966
- Total Liabilities: $16
- Net Assets: $248,950
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Organization Details
Founding Year
2011
Phone
(561) 625-5761Principal Officer
Mark Freeman
Main Address
100 BALLENISLES CIRCLE, PALM BEACH GARDENS, FL, 33418
NTEE Category
Code: T22 - Philanthropy
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