Overview
What is Troop Rewards Inc?
Troop Rewards Inc is a nonprofit organization located in Tampa, Florida, with a specific mission to honor and support active U.S. military personnel. They achieve this by soliciting vacation accommodations from hotels, resorts, local businesses, and the general public. These donated vacations, ranging from 3 to 5 days, are then provided to deserving soldiers. Furthermore, guests staying at rental properties or hotels are encouraged to contribute $50 to support these vacations for U.S. service members. During the COVID-19 pandemic, while they were unable to host their traditional events, Troop Rewards Inc continued to make a positive impact on returning soldiers.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
Troop Rewards Inc has received a rating of 73%, which translates to a Two-Star designation. This rating is primarily based on its accountability and financial health, reflecting a strong commitment to transparency and responsible management of resources. The charity's financial ratios indicate a high program expense ratio of 96.22%, suggesting that a significant portion of its funds is directed towards its programs.
Several strengths contribute to the charity's positive assessment, including a fully independent board with 10 out of 10 points for majority independent board members and an independent board size of four members. Additionally, the organization shows no material diversion of assets, indicating effective asset management. The documentation of board meeting minutes is also maintained, further enhancing its accountability.
Despite these strengths, the overall rating falls short of a higher designation, indicating potential areas for improvement in the charity's operations or outreach. Ongoing efforts to bolster financial practices or expand programmatic impact could help elevate its standing in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Troop Rewards Inc legitimate?
Troop Rewards Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Troop Rewards 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 Troop Rewards Inc?
Troop Rewards Inc encourages vacation hotels, resorts, local businesses, and the general public to donate 3-5 day vacations for active U.S. soldiers. Additionally, they solicit contributions from guests staying at rental properties or hotels, asking them to contribute $50 to support vacations for these service members. Due to the COVID-19 pandemic, their traditional annual program services were unable to take place. However, they managed to positively impact returning soldiers despite not being able to provide their usual events, which typically included covering their stay, meals, family activities, and entertainment during Memorial Day Weekend, Veterans Day Weekend, and a third weekend event in Key West.
Who is the CEO of Troop Rewards Inc?
Unavailable
What is the revenue of Troop Rewards Inc?
Troop Rewards Inc's revenue in 2022 was $3,187.
Who are the executives of Troop Rewards Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 Troop Rewards Inc?
Troop Rewards Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Troop Rewards Inc
Troop Rewards Inc, a nonprofit organization, aims to collect vacation packages, including hotel stays, resort visits, and contributions from local businesses and the general public. Their mission is to offer these 3-5 day vacations to active U.S. military personnel. Additionally, the organization solicits donations of $50 from guests staying at rental properties or hotels, which are then used to support these vacations for U.S. service members.
Due to the COVID-19 pandemic, Troop Rewards Inc was unable to carry out their traditional annual programs. In previous years, their events included the Memorial Day Weekend event and the Veterans Day Weekend event, which took place at various beachfront hotels on Clearwater Beach. These events covered the soldiers' accommodation, meals, and provided family-oriented activities and entertainment for the weekend. Troop Rewards Inc also organized a third weekend event, known as the Key West Private RNR Event, offering similar benefits to their chosen beneficiaries. Despite the inability to conduct these events this year, Troop Rewards Inc managed to make a positive impact on returning soldiers.
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Impact
August, 2024
Troop Rewards Inc impacts active U.S. soldiers by providing them with 3-5 day vacations donated by vacation hotels, resorts, local businesses, and the general public. They also solicit contributions from guests staying at rental properties/hotels to support vacations for these service men and women. Despite the challenges posed by the COVID pandemic, Troop Rewards Inc has positively impacted returning soldiers by providing them with stay, meals, family fun activities, and entertainment during Memorial Day and Veterans Day weekends in previous years. Their mission is to show appreciation and support for active U.S. soldiers through these vacation programs.
This information is meant to be a general summary of Troop Rewards 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.
- Gross Receipts: $3,187
Assets and Liabilities:
- Total Assets: $15,611
- Total Liabilities: $0
- Net Assets: $15,611
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Organization Details
Founding Year
2013
Main Address
11928 ROYCE WATERFORD CIRCLE, TAMPA, FL, 33626
NTEE Category
Code: Q99 - International
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