Overview
What is Newark Rotary Foundation?
The Newark Rotary Foundation is a charitable organization, established in Newark, California. With a strong commitment to health, hunger, humanitarian, and educational programs, they aim to make a positive impact in their community and beyond. Their mission encompasses carrying out various charitable and educational activities, all in line with their primary goal as permitted by law.
Official website here: www.portal.clubrunner.ca/6774/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Newark Rotary Foundation has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The overall score is driven entirely by its accountability and finance score, which is 76%. This suggests that while the organization performs well in several areas, there are notable gaps in compliance with certain policies that may impact its overall rating.
Strengths of the foundation include a fully independent board, with 100% of its members being independent, and an impressive program expense ratio of 96.31%, indicating that a large majority of its funds are directed towards its programs rather than administrative costs. Additionally, there is no material diversion of assets, and the foundation has demonstrated good financial health with a liabilities-to-assets ratio of 0.00%.
However, the foundation faces limitations due to the absence of key governance policies, such as a conflict of interest policy and a whistleblower policy, both of which received zero points. Additionally, policies concerning document retention and destruction are missing. These shortcomings may raise concerns regarding transparency and ethical governance, which are critical for maintaining trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Newark Rotary Foundation legitimate?
Newark Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newark Rotary Foundation 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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Official website here: www.portal.clubrunner.ca/6774/
What is the mission statement of Newark Rotary Foundation?
The Newark Rotary Foundation's mission is centered around promoting and supporting various charitable and educational initiatives, with a focus on health, hunger, humanitarian causes, and education. The organization is dedicated to carrying out activities associated with these goals, as permitted by law. Their mission encompasses a wide range of charitable and educational activities, aiming to make a positive impact in these critical areas.
Official website here: www.portal.clubrunner.ca/6774/
Who is the CEO of Newark Rotary Foundation?
Terrence Grindall is the President of Newark Rotary Foundation.
Official website here: www.portal.clubrunner.ca/6774/
What is the revenue of Newark Rotary Foundation?
Newark Rotary Foundation's revenue in 2022 was $6,000.
Official website here: www.portal.clubrunner.ca/6774/
Who are the executives of Newark Rotary Foundation and what are their salaries?
There 41 volunteers at Newark Rotary Foundation.
Here are 12 key members and their salaries:
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Official website here: www.portal.clubrunner.ca/6774/
Where can I find the form 990 for Newark Rotary Foundation?
Newark Rotary Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.portal.clubrunner.ca/6774/
Learn more at the official website: www.portal.clubrunner.ca/6774/
Mission Statement of Newark Rotary Foundation
The Newark Rotary Foundation is dedicated to promoting and supporting various charitable and educational initiatives aimed at improving health, addressing hunger, and providing humanitarian aid. This nonprofit organization has a broad mission, allowing it to carry out activities that align with these goals, as per the regulations set by law. Through its efforts, the Newark Rotary Foundation seeks to make a positive impact in diverse areas, contributing to the betterment of society.
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Impact
October, 2024
The Newark Rotary Foundation significantly impacts the community by promoting and supporting vital health, hunger relief, humanitarian, and educational programs. Through its dedicated efforts, it addresses pressing local needs and enhances the quality of life for residents in Newark, CA. By facilitating initiatives that tackle food insecurity and promote health awareness, the foundation works to ensure that vulnerable populations receive the support they require. Additionally, its focus on educational programs fosters learning and development opportunities, empowering individuals to achieve their potential. Overall, the Newark Rotary Foundation plays a crucial role in building a healthier, more informed, and compassionate community.
This information is meant to be a general summary of Newark Rotary Foundation. 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 2022.
- Gross Receipts: $6,000
Assets and Liabilities:
- Total Assets: $18,055
- Total Liabilities: $0
- Net Assets: $18,055
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Organization Details
Founding Year
2011
Phone
(510) 589-7205Principal Officer
Terrence Grindall
Main Address
PO Box 105, Newark, CA, 94560
NTEE Category
Code: T30 - Philanthropy
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