Overview
What is Troop 3 Derby Bsa Alumni & Friends Foundation Inc?
Troop 3 Derby BSA Alumni & Friends Foundation Inc is a nonprofit organization located in Derby, Connecticut. Its primary mission is to offer support and raise awareness for Boy Scout Troop 3 Derby, actively engaging in various activities to achieve this goal. The foundation's efforts are centered around fostering an ongoing connection between the Alumni and the Troop, contributing to their growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Troop 3 Derby Bsa Alumni & Friends Foundation Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 73%. This rating indicates that while the organization demonstrates some strong governance practices—such as an independent board and sound financial management—it also shows significant areas that require attention, particularly in transparency and compliance with best practices.
The organization excels in accountability metrics, scoring full points for having a majority of independent board members and maintaining a solid liabilities to assets ratio. However, it faces serious shortcomings in transparency, as it lacks critical policies such as a conflict of interest policy and a whistleblower policy, which are essential for fostering trust and accountability. Additionally, the absence of its website listed on tax forms and failure to publish its tax forms on its website raise concerns.
Overall, while Troop 3 Derby Bsa Alumni & Friends Foundation Inc has strengths in governance, its lack of transparency and missing policies indicate a need for improvement in these areas. Focusing on these limitations could enhance the organization’s overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Troop 3 Derby Bsa Alumni & Friends Foundation Inc legitimate?
Troop 3 Derby Bsa Alumni & Friends Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Troop 3 Derby Bsa Alumni & Friends Foundation 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
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What is the mission statement of Troop 3 Derby Bsa Alumni & Friends Foundation Inc?
The Troop 3 Derby BSA Alumni & Friends Foundation Inc. is dedicated to offering support and raising awareness for Boy Scout Troop 3. Their primary objective is to contribute to the Scout Troop's needs and promote its presence within the community. They strive to foster a sense of camaraderie and shared purpose among alumni and friends of the troop. The foundation's activities may include fundraising, organizing events, and providing resources to help the troop thrive. Their mission is centered around ensuring the continuity and success of the Boy Scout experience for future generations.
Who is the CEO of Troop 3 Derby Bsa Alumni & Friends Foundation Inc?
Randal Ritter is the Secretary of Troop 3 Derby Bsa Alumni & Friends Foundation Inc.
What is the revenue of Troop 3 Derby Bsa Alumni & Friends Foundation Inc?
Troop 3 Derby Bsa Alumni & Friends Foundation Inc's revenue in 2022 was $71,360.
Who are the executives of Troop 3 Derby Bsa Alumni & Friends Foundation Inc and what are their salaries?
There 4 volunteers at Troop 3 Derby Bsa Alumni & Friends Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Troop 3 Derby Bsa Alumni & Friends Foundation Inc?
Troop 3 Derby Bsa Alumni & Friends Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Troop 3 Derby Bsa Alumni & Friends Foundation Inc
Troop 3 Derby BSA Alumni & Friends Foundation Inc is dedicated to supporting and raising awareness for Boy Scout Troop 3 Derby, CT. This nonprofit organization's mission is centered around bolstering the activities and visibility of this Boy Scout troop, ensuring its continued success and positive impact on the community. The foundation's primary goal is to foster a sense of camaraderie and shared purpose among alumni, current members, and supporters of Troop 3 Derby, all working together to promote the values and experiences of Boy Scouting.
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Impact
August, 2024
Troop 3 Derby BSA Alumni & Friends Foundation Inc's impact is focused on providing support and awareness for Boy Scout Troop 3 in Derby, CT. Through their efforts, they contribute to the education and development of young boys by fostering a sense of community and values instilled by the Boy Scouts of America. This foundation plays a crucial role in ensuring the success and growth of Troop 3, ultimately shaping the future leaders of tomorrow.
This information is meant to be a general summary of Troop 3 Derby Bsa Alumni & Friends Foundation 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.
- Investment Income: $17,830
- Gross Receipts: $71,360
Assets and Liabilities:
- Total Assets: $480,769
- Total Liabilities: $0
- Net Assets: $480,769
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Organization Details
Founding Year
2012
Principal Officer
Randal Ritter
Main Address
P O BOX 8, DERBY, CT, 06418
NTEE Category
Code: B11 - Education
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