Overview
What is Red Basket Inc?
Red Basket Inc is a nonprofit organization, although its current active status is unclear. The organization's primary focus or mission, as per the information provided, is not explicitly stated. However, it is mentioned that more detailed information about their activities or schedule can be found in Schedule O. Regardless of its current status, Red Basket Inc is recognized as a nonprofit entity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating. This rating reflects some strengths in accountability and financial practices, but also highlights significant areas for improvement, particularly regarding governance.
The organization scores well in several critical areas, such as having a strong conflict of interest policy, a whistleblower policy, and solid financial ratios. However, Red Basket Inc struggles with board independence and transparency, receiving zero points for both the majority of independent board members and the independent board size. Additionally, the absence of key documents, such as their tax form on their website, raises concerns about their commitment to transparency.
While the nonprofit does show a commitment to certain governance practices, the lack of independent oversight and transparency in its operations are notable limitations. Addressing these issues could enhance the organization's credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Red Basket Inc legitimate?
Red Basket Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Basket 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
What is the mission statement of Red Basket Inc?
Red Basket Inc, previously a nonprofit organization, had a mission to serve a specific cause or community. However, due to certain circumstances, this nonprofit is now terminated or no longer active, hence, it does not currently have an active mission statement. Previously, Red Basket Inc may have focused on various social, charitable, educational, or other beneficial initiatives, but its specific mission details are no longer available.
What is the revenue of Red Basket Inc?
Red Basket Inc's revenue in 2021 was $94.
Who are the executives of Red Basket Inc and what are their salaries?
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Red Basket Inc?
Red Basket Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Red Basket Inc
Red Basket Inc, as per the provided information, was a nonprofit organization that unfortunately ceased its operations or was terminated. Its mission or purpose, while not explicitly stated, was not disclosed either. However, it's important to note that the mission of a nonprofit organization often serves as its guiding light, outlining its objectives and goals for serving its community or cause. As the information is incomplete, it is not possible to provide a detailed summary of Red Basket Inc's mission.
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Impact
October, 2024
Red Basket Inc has had a significant impact in its community, focusing on philanthropic efforts. Based in Omaha, Nebraska, the organization played a role in addressing local needs and supporting individuals and families through various initiatives. It served as a conduit for generosity, enabling community members to contribute to causes that mattered to them and fostering a spirit of collaboration.
Though no longer active, Red Basket Inc's legacy may continue to influence philanthropic practices in the area, inspiring new initiatives and encouraging a culture of giving among residents. The organization’s mission to support those in need underscores the importance of community engagement in creating a positive social impact.
This information is meant to be a general summary of Red Basket 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 2021.
- Investment Income: $94
- Gross Receipts: $94
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2012
Principal Officer
Stephan K Mcmahan
NTEE Category
Code: T50 - Philanthropy
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