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Ibis Charities Foundation Inc

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

EIN: 460639640 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ibis Charities Foundation Inc?

Ibis Charities Foundation Inc, based in West Palm Beach, Florida, is a nonprofit organization that demonstrates a strong commitment to supporting various charitable entities. These entities cater to diverse needs within the community, including food security, child development, aid for the homeless, assistance for the visually impaired, and healthcare services for children. By providing financial assistance, Ibis Charities Foundation plays a significant role in enhancing the capabilities of these nonprofits, thereby positively impacting the lives of numerous residents in Palm Beach County.


Official website here: www.ibischaritiesfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating.

Ibis Charities Foundation Inc has achieved a respectable 77% rating, indicating a solid performance in accountability and finance. The rating reflects a strong commitment to transparency, as demonstrated by the charity's independent board composition and adherence to governance policies. With 100% of board members being independent, the organization shows a strong commitment to ethical practices and oversight.

The charity's financial health is notable, with a program expense ratio of 97.12%, suggesting that the vast majority of its funds are directed toward its programs rather than administrative costs. Additionally, the organization has a low liabilities-to-assets ratio of 9.68%, reinforcing its financial stability and responsible management of resources.

While the overall score is based solely on the accountability and finance beacon, it highlights the foundation's effective governance and operational integrity. However, the lack of additional beacons means that aspects such as impact and outcomes are not evaluated in this rating, which could provide a more comprehensive view of the charity's effectiveness.


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

Is Ibis Charities Foundation Inc legitimate?

Ibis Charities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ibis Charities 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

For more financial information, click here


Official website here: www.ibischaritiesfoundation.org

What is the mission statement of Ibis Charities Foundation Inc?

Ibis Charities Foundation Inc. focuses on providing financial aid to various nonprofit organizations that serve the community in Palm Beach County. Their mission is centered around supporting initiatives in the areas of food security, child development, aid for the homeless, and healthcare for children with visual impairments. The foundation's grants aim to make a positive impact on these crucial social issues, ultimately improving the lives of those in need.


Official website here: www.ibischaritiesfoundation.org

Who is the CEO of Ibis Charities Foundation Inc?

Sharon Bross is the President Emeritus of Ibis Charities Foundation Inc.


Official website here: www.ibischaritiesfoundation.org

What is the revenue of Ibis Charities Foundation Inc?

Ibis Charities Foundation Inc's revenue in 2023 was $503,356.


Official website here: www.ibischaritiesfoundation.org

Who are the executives of Ibis Charities Foundation Inc and what are their salaries?

There 100 volunteers at Ibis Charities Foundation Inc.


Here are 7 key members and their salaries:


Sharon Bross (President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Carpenter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Friedland (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Ryan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Harris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Kent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Poore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibischaritiesfoundation.org

Where can I find the form 990 for Ibis Charities Foundation Inc?

Ibis Charities Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ibischaritiesfoundation.org

Learn more at the official website: www.ibischaritiesfoundation.org

Mission Statement of Ibis Charities Foundation Inc

Ibis Charities Foundation Inc, a philanthropic organization, dedicates its resources to financially backing various nonprofits that offer essential services to residents in Palm Beach County. The foundation's mission is multifaceted, encompassing support for food security, child development, aid for the homeless, and healthcare for the blind and children. By providing financial assistance to 38 different charitable entities, Ibis Charities Foundation Inc plays a crucial role in enhancing the lives of those in need within these critical areas. The foundation's grant-making approach contributes to a more sustainable and equitable community, ensuring that essential services are readily available to those who require them.

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Impact




July, 2024

Ibis Charities Foundation Inc supports 38 different charitable organizations in Palm Beach County, providing essential services to those in need. These services include food security, child development, support for the homeless, aid for the blind, and children's healthcare. Through its financial support, Ibis Charities Foundation Inc has a direct and significant impact on improving the lives of residents in Palm Beach County.




This information is meant to be a general summary of Ibis Charities 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.

Revenue
$503,356 (2023)
Expenses
$477,336 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $60
  • Gross Receipts: $608,584

Assets and Liabilities:

  • Total Assets: $371,999
  • Total Liabilities: $36,014
  • Net Assets: $335,985

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Organization Details

Founding Year

2012

Principal Officer

Sharon Bross

Main Address

10130 Northlake Blvd Ste 214-179, West Palm Beach, FL, 33412

NTEE Category

Code: T30 - Philanthropy

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