Overview
What is Care2 Fund At Usli Inc?
Care2 Fund at USLI Inc. is a nonprofit organization, situated in Wayne, Pennsylvania. Established to empower USLI's employees and customers, it allows individuals to direct donations towards charities and causes that hold personal significance to them. The primary function of Care2 Fund at USLI Inc. is to serve as a platform, channeling funds raised from both employees and customers towards a diverse range of charitable organizations and causes. Of particular note is their partnership with breastcancer.org, a local charity dedicated to breast cancer outreach, education, and research. Each October, they organize a series of fundraising events, culminating in their largest annual event, the October Together fundraiser, which includes a silent auction.
Official website here: www.care2fund.usli.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62% (Two-Star out of Four Star rating)
Care2 Fund At Usli Inc has received a two-star rating from Charity Navigator, reflecting a score of 62%. This indicates that while the organization demonstrates some strengths in accountability and financial management, there are significant areas needing improvement. The charity has a high program expense ratio of 99.58%, indicating that nearly all funds are directed towards its programs, which is a positive aspect.
However, the organization has several notable shortcomings. The absence of financial statements and key governance policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about transparency and accountability. Additionally, while the board has a majority of independent members, the overall size of the independent board is low, which can limit effective governance oversight.
Overall, while Care2 Fund At Usli Inc prioritizes program expenses, the lack of essential documentation and policies suggests that potential donors should exercise caution. Enhancements in governance practices could significantly improve the charity's rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Care2 Fund At Usli Inc legitimate?
Care2 Fund At Usli Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Care2 Fund At Usli 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.care2fund.usli.com
What is the mission statement of Care2 Fund At Usli Inc?
Care2 Fund at USLI Inc's mission is to allow the employees of USLI and their customers to request donations for charities and causes they are personally invested in. The fund serves as a platform to collect and distribute funds towards a wide array of charitable causes and organizations. The CARE2 Fund has a strong relationship with breastcancer.org, a local charity focused on breast cancer outreach, education, and research. Each October, they organize a series of fundraisers, including a silent auction, which is their largest annual event.
Official website here: www.care2fund.usli.com
Who is the CEO of Care2 Fund At Usli Inc?
Sasha Moul is the President of Care2 Fund At Usli Inc.
Official website here: www.care2fund.usli.com
What is the revenue of Care2 Fund At Usli Inc?
Care2 Fund At Usli Inc's revenue in 2022 was $1,016,808.
Official website here: www.care2fund.usli.com
Who are the executives of Care2 Fund At Usli Inc and what are their salaries?
There 10 volunteers at Care2 Fund At Usli Inc.
Here are 6 key members and their salaries:
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Official website here: www.care2fund.usli.com
Where can I find the form 990 for Care2 Fund At Usli Inc?
Care2 Fund At Usli Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.care2fund.usli.com
Learn more at the official website: www.care2fund.usli.com
Mission Statement of Care2 Fund At Usli Inc
Care2 Fund at Usli Inc, as a nonprofit entity, aims to offer an avenue for the employees of USLI to request donations to charities and causes that hold personal significance to them. Moreover, the organization serves as a platform for raising funds from both USLI employees and customers, with the intent of supporting a diverse array of charitable causes and organizations. The CARE2 Fund at Usli Inc has a notable association with breastcancer.org, a local charity that focuses on breast cancer outreach, education, and research. Every October, the organization hosts a series of October Together fundraisers, including a silent auction. This annual event is their largest fundraiser, demonstrating their commitment to supporting charities and making a positive impact in their communities.
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Impact
July, 2024
The Care2 Fund at USLI Inc has a significant impact by providing USLI employees with the opportunity to request donations for charities and causes that have a direct, personal connection. This initiative serves as a platform for funds raised from USLI employees and customers to support a wide range of charitable organizations and causes. Additionally, the Care2 Fund has a longstanding partnership with breastcancer.org, a local charity focused on breast cancer outreach, education, and research. The annual October Together fundraisers, including a silent auction, are among the largest fundraisers organized by Care2 Fund, contributing to meaningful support for important causes.
This information is meant to be a general summary of Care2 Fund At Usli 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 2022.
- Gross Receipts: $1,102,313
Assets and Liabilities:
- Total Assets: $490,697
- Total Liabilities: $0
- Net Assets: $490,697
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Organization Details
Founding Year
2011
Phone
(800) 523-5545Principal Officer
Sasha Moul
Main Address
1190 Devon Park Dr - PO Box 6700, Wayne, PA, 19087
Website
www.care2fund.usli.comNTEE Category
Code: P20 - Human services
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