Overview
What is Jingle Cross Rock Inc?
Jingle Cross Rock Inc is a dedicated nonprofit organization based on the mission of supporting the University of Iowa Children's Hospital and various other charities. They primarily achieve this by organizing bicycle races and selling TV rights, with the revenue generated from registration fees, sponsorships, and community donations being donated to these charities. The organization's initiatives extend beyond the races, as they also seek to engage the community in their cause, contributing to the well-being of children's healthcare and other charitable initiatives.
Official website here: www.jinglecrossrock.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 66%)
Jingle Cross Rock Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement. The organization has a reasonably strong program expense ratio of 96.5%, demonstrating that the majority of its funds are directed towards its programs. Additionally, it has achieved a perfect score for having an independent board and for not having any material diversion of assets, which reflects strong governance in those areas.
However, the nonprofit faces significant shortcomings in its accountability and transparency measures. It lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are essential for ensuring responsible operations. These missing elements have contributed to its low overall score in the accountability and finance category, which remains a critical area for improvement for the organization.
In summary, while Jingle Cross Rock Inc demonstrates effective use of its resources towards its mission, it must address its governance and transparency policies to improve its rating and ensure long-term sustainability. Strengthening these areas could enhance stakeholder trust and contribute to the charity's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Jingle Cross Rock Inc legitimate?
Jingle Cross Rock Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jingle Cross Rock 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.jinglecrossrock.com/
What is the mission statement of Jingle Cross Rock Inc?
Jingle Cross Rock Inc is committed to supporting the University of Iowa Children's Hospital and various charities primarily through the organization of bicycle races and the sale of TV rights. The primary source of funding for these charities comes from registration fees, sponsorships, and community donations associated with the races. The organization's activities revolve around the planning and execution of a series of races, with the proceeds directly benefiting the chosen charities. In this way, Jingle Cross Rock Inc aims to contribute positively to the well-being of these organizations and the communities they serve.
Official website here: www.jinglecrossrock.com/
Who is the CEO of Jingle Cross Rock Inc?
John Meehan Jr is the President of Jingle Cross Rock Inc.
Official website here: www.jinglecrossrock.com/
What is the revenue of Jingle Cross Rock Inc?
Jingle Cross Rock Inc's revenue in 2022 was $41.
Official website here: www.jinglecrossrock.com/
Who are the executives of Jingle Cross Rock Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.jinglecrossrock.com/
Where can I find the form 990 for Jingle Cross Rock Inc?
Jingle Cross Rock Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jinglecrossrock.com/
Learn more at the official website: www.jinglecrossrock.com/
Mission Statement of Jingle Cross Rock Inc
Jingle Cross Rock, a dedicated organization, is committed to supporting the University of Iowa Children's Hospital and various other charities. They primarily accomplish this mission by organizing bicycle races and selling the television rights to these events. The earnings generated from registration fees, sponsorships, and community donations are then donated to the hospital or other chosen charities. The organization's efforts in organizing these races and securing TV rights serve as a platform to raise significant funds for these worthy causes.
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Impact
October, 2024
Jingle Cross Rock Inc significantly impacts the community by generating essential funds for the University of Iowa Children's Hospital and various other charities. Through the organization of bicycle races, the initiative fosters a sense of community engagement while promoting health and wellness.
These events attract participants and spectators alike, leading to increased awareness of the causes they support. The registration fees, sponsorships, and community donations contribute to a financial resource pool that directly benefits children in need and supports other charitable endeavors.
Furthermore, by leveraging TV rights, Jingle Cross Rock enhances its reach, drawing in even broader audiences and potential support for its mission. This innovative approach not only raises funds but also builds a community around the love of cycling and philanthropy, ultimately creating a lasting positive impact on the lives of many children and families.
This information is meant to be a general summary of Jingle Cross Rock 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: $41
- Gross Receipts: $41
Assets and Liabilities:
- Total Assets: $32,764
- Total Liabilities: $0
- Net Assets: $32,764
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Organization Details
Founding Year
2012
Phone
(206) 947-7793Principal Officer
John Meehan Jr
Main Address
4300 E MERCER WAY, MERCER ISLAND, WA, 980403842
Website
www.jinglecrossrock.com/NTEE Category
Code: E11 - Health
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