Overview
What is Home Run Projects Inc?
Home Run Projects Inc, situated in East Harlem, New York, is a nonprofit organization that offers financial and additional support to licensed charter schools, such as Dream Charter School, which cater to inner-city youth. Beyond this, the organization works on developing programs to enhance and improve the education and overall well-being of these young individuals in Harlem. They aim to raise, invest, and utilize funds for these purposes, contributing to the betterment of inner-city education and welfare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Home Run Projects Inc has received a Three-Star rating from Charity Navigator, reflecting solid performance in accountability and finance. The organization scored 80% overall, with the score derived entirely from its accountability and finance metrics. This rating is significant as it indicates a strong commitment to responsible financial practices and transparency.
The nonprofit demonstrates exemplary governance, with a fully independent board comprising three members and no material diversion of assets. Additionally, it maintains a robust accountability framework, having a conflict of interest policy and documenting board meeting minutes. Their low liabilities to assets ratio further underscores their financial health.
While the rating is commendable, it is important to note that the score is solely based on accountability and finance metrics. Potential donors may want to consider other factors such as program effectiveness and impact when evaluating the charity’s overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Home Run Projects Inc legitimate?
Home Run Projects Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Run Projects 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 Home Run Projects Inc?
Home Run Projects Inc's mission is centered around providing financial and additional support to licensed charter schools that cater to inner-city youth. One of the schools they support is Dream Charter School. Furthermore, the organization also invests in developing programs aimed at enhancing the education and overall well-being of inner-city youth. Their activities extend beyond financial assistance, as they aim to foster an environment that positively impacts the lives of these young individuals.
Who is the CEO of Home Run Projects Inc?
Richard Berlin is the Secretary & Treasurer of Home Run Projects Inc.
What is the revenue of Home Run Projects Inc?
Home Run Projects Inc's revenue in 2022 was $182,317.
Who are the executives of Home Run Projects Inc and what are their salaries?
There 3 volunteers at Home Run Projects Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Home Run Projects Inc?
Home Run Projects Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Home Run Projects Inc
Home Run Projects Inc, a nonprofit organization, is committed to providing financial and other forms of support to licensed charter schools that cater to inner-city youth. One of the schools they support is Dream Charter School. Beyond this, Home Run Projects Inc also invests in developing programs aimed at promoting and enhancing the education and well-being of inner-city youth in Harlem. Through their activities, they aim to contribute significantly to the advancement and furtherance of these purposes. The organization actively solicits, raises, manages, and allocates funds towards these goals, demonstrating their dedication to the education and welfare of inner-city youth in Harlem.
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Impact
October, 2024
Home Run Projects Inc makes a significant impact on the education and well-being of inner-city youth in Harlem. By providing essential financial and logistical support to licensed charter schools like Dream Charter School, the organization enhances educational opportunities for students who face various socio-economic challenges. This support is crucial in cultivating an environment where inner-city youth can thrive academically and personally.
In addition to aiding schools, Home Run Projects Inc is actively involved in developing and funding programs designed to further promote the education and overall well-being of these children. This holistic approach not only focuses on academic success but also addresses the broader needs of students, helping them build a foundation for a brighter future. Through its activities, Home Run Projects Inc contributes to empowering a generation of young individuals in Harlem, fostering resilience and opportunity in their lives.
This information is meant to be a general summary of Home Run Projects 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.
- Program Service Revenue: $182,317
- Gross Receipts: $182,317
Assets and Liabilities:
- Total Assets: $26,251,916
- Total Liabilities: $22,288
- Net Assets: $26,229,628
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INTEREST
Revenue
$182,317
Organization Details
Founding Year
2012
Phone
(212) 722-1608Principal Officer
Richard Berlin
Main Address
1991 SECOND AVENUE 2ND FL, NEW YORK, NY, 10029
NTEE Category
Code: B122 - Education
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