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Baking Memories 4 Kids Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454660097 ✦ Valley cottage, NY ✦ Designated as a 501(c)(3)

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Overview

What is Baking Memories 4 Kids Inc?

Baking Memories 4 Kids Inc, a nonprofit organization situated in Valley Cottage, New York, is dedicated to providing support and joy to children battling terminal and life-threatening diseases. The primary means of raising funds for this cause is through donations and the sale of cookies. The organization's mission is to offer these children and their families an all-expense-paid weeklong trip to various amusement parks in Florida, creating cherished memories. Furthermore, Baking Memories 4 Kids Inc also has a specific program aimed at financially sponsoring these family trips.


Official website here: www.bakingmemories4kids.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52%, One-Star out of Four Stars

Baking Memories 4 Kids Inc. has received a low rating of 52%, which reflects serious concerns regarding its accountability and financial practices. The charity has no independent board members, which significantly impacts its governance score, and lacks critical policies such as conflict of interest and whistleblower protections. This lack of transparency and oversight is a significant drawback for potential donors.

Despite these governance issues, the organization shows a strong commitment to its mission, with a program expense ratio of 86.39%. This indicates that a substantial portion of its funds is directed towards its programs rather than administrative costs, suggesting that the charity is focused on serving its beneficiaries effectively.

However, the absence of financial statements and board meeting minutes raises alarms about the organization's operational transparency. The missed opportunities in governance and the lack of fundamental policies could deter potential supporters who prioritize accountability in the nonprofits they choose to back.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Baking Memories 4 Kids Inc?

96% of 59 reviewers on Facebook recommend Baking Memories 4 Kids Inc. Here’s a summary of their reviews:

Many individuals express strong admiration for the organization's mission, indicating a deep appreciation for its efforts. One reviewer highlighted their personal experience attending an event, showcasing the impactful work being done for children facing challenges. This sentiment reflects a broader recognition of the nonprofit’s dedication to making a positive difference.

Overall, those engaging with Baking Memories 4 Kids Inc find it to be a worthwhile initiative that resonates emotionally, contributing to a high level of support and recommendation among participants.


This AI summary has been generated from reviews found on Facebook.

Is Baking Memories 4 Kids Inc legitimate?

Baking Memories 4 Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baking Memories 4 Kids 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bakingmemories4kids.com

What is the mission statement of Baking Memories 4 Kids Inc?

Baking Memories 4 Kids Inc is an organization dedicated to raising funds through donations and cookie sales. Their primary goal is to utilize the proceeds to arrange all-expense-paid trips for children battling terminal and life-threatening diseases to various Florida amusement parks, allowing them to spend a week with their families. The organization also has a specific program aimed at raising funds for these family trips.


Official website here: www.bakingmemories4kids.com

Who is the CEO of Baking Memories 4 Kids Inc?

Frank Squeo is the President of Baking Memories 4 Kids Inc.


Official website here: www.bakingmemories4kids.com

What is the revenue of Baking Memories 4 Kids Inc?

Baking Memories 4 Kids Inc's revenue in 2022 was $528,578.


Official website here: www.bakingmemories4kids.com

Who are the executives of Baking Memories 4 Kids Inc and what are their salaries?


Here are 4 key members and their salaries:


Frank Squeo (President)
  • Compensation: $50,000
  • Related: $0
  • Other: $0
Christina Metz (Vice President)
  • Compensation: $50,000
  • Related: $0
  • Other: $0
Denise Boniface (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philippa Poli (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bakingmemories4kids.com

Where can I find the form 990 for Baking Memories 4 Kids Inc?

Baking Memories 4 Kids Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bakingmemories4kids.com

Learn more at the official website: www.bakingmemories4kids.com

Mission Statement of Baking Memories 4 Kids Inc

Baking Memories 4 Kids, a dedicated nonprofit organization, aims to raise funds through donations and cookie sales. Their primary mission is to utilize the accumulated funds to arrange all-expense-paid trips for children battling terminal and life-threatening diseases. These trips are to popular amusement parks scattered across Florida, allowing these children and their entire families to enjoy a week-long escape from their daily struggles. The organization has a specific program dedicated to raising funds for these family vacations, offering a much-needed respite and creating cherished memories for these families during challenging times.

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Impact




July, 2024

Baking Memories 4 Kids Inc's impact is profound and heartwarming. Through their fundraising efforts, they provide children with terminal and life-threatening diseases the opportunity to create cherished memories with their families on all-expense-paid trips to Florida amusement parks. This experience offers moments of joy and respite for families facing immense challenges, bringing smiles and light in the midst of difficult circumstances. The organization's dedication to giving these children and their loved ones a special experience demonstrates the power of compassion and community support in making a positive difference in the lives of those in need.




This information is meant to be a general summary of Baking Memories 4 Kids 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.

Revenue
$528,578 (2022)
Expenses
$543,793 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$4,703
  • Gross Receipts: $528,578

Assets and Liabilities:

  • Total Assets: $970,286
  • Total Liabilities: $0
  • Net Assets: $970,286

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Organization Details

Founding Year

2012

Principal Officer

Frank Squeo

Main Address

306 OLD MILL ROAD, VALLEY COTTAGE, NY, 10989

NTEE Category

Code: P20 - Human services

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