Overview
What is Hermes Btp Foundation Inc?
Hermes Btp Foundation Inc, located in New Orleans, Louisiana, is a nonprofit organization dedicated to benefiting the city's residents and visitors. Their primary goal is to receive and distribute gifts, contributions, property, and grants of money. The foundation's mission is to strengthen the services, organizations, performance, competence, integrity, and professionalism of local law enforcement agencies, first responders, and related entities, ensuring the safety and well-being of the city's population. In 2022, the foundation provided four grants. These grants supported the New Orleans Police Department by funding equipment, training, and a mobile food truck for Mardi Gras, assisted the Jefferson Parish Sheriff's Office Narcotics Division with a drug-detection canine, and aided WYES PBS - Greater New Orleans Educational Television Foundation with a PBS special. Through these grants, Hermes Btp Foundation Inc demonstrates its commitment to enhancing the city's safety and educational services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Hermes Btp Foundation Inc has achieved a commendable Three-Star rating with an overall score of 80%, based entirely on its accountability and finance metrics. The rating reflects a strong commitment to financial responsibility and transparency, which is crucial for maintaining donor trust and support. The foundation's financial practices have been noted for their rigor, with no recorded material diversion of assets and a perfect score in the liabilities to assets ratio.
The organization boasts a fully independent board, comprising ten members who all meet the independence criteria, contributing to its robust governance framework. Additionally, the foundation has established clear policies, such as conflict of interest guidelines and documentation of board meeting minutes, which further enhance its accountability standards. This commitment to governance and ethical practices positions the Hermes Btp Foundation Inc favorably among its peers.
While the foundation has demonstrated excellence in financial management and governance, it is essential for potential donors and stakeholders to consider the organization’s programmatic impact and outreach efforts. As the rating focuses solely on accountability and finance, insight into the effectiveness and reach of its programs may require further investigation beyond the financial metrics provided.
This AI summary has been generated from information found on Charity Navigator.
Is Hermes Btp Foundation Inc legitimate?
Hermes Btp Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hermes Btp 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.
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What is the mission statement of Hermes Btp Foundation Inc?
The Hermes Btp Foundation Inc's mission is primarily focused on supporting various entities that directly benefit the community. It aims to enhance the services, competence, integrity, and professionalism of law enforcement agencies, first responders, and related entities in their operations. The foundation accomplishes this by disbursing funds, providing assistance, and undertaking activities that strengthen these entities. In 2022, the foundation provided four grants, one of which supported the New Orleans Police Department during Mardi Gras with funding for equipment, training, and a mobile food truck. Another grant went to the Jefferson Parish Sheriff's Office Narcotics Division for a drug-detection canine, and the third was given to WYES PBS - Greater New Orleans Educational Television Foundation to assist with a PBS special.
Who is the CEO of Hermes Btp Foundation Inc?
Lawrence R Demarcay Iii is the President of Hermes Btp Foundation Inc.
What is the revenue of Hermes Btp Foundation Inc?
Hermes Btp Foundation Inc's revenue in 2022 was $66,124.
Who are the executives of Hermes Btp Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Hermes Btp Foundation Inc?
Hermes Btp Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hermes Btp Foundation Inc
Hermes BTP Foundation Inc is committed to receiving and disbursing contributions, gifts, property, and grants for the benefit of individuals residing, working, or visiting in the city of New Orleans. Beyond this primary function, the foundation has a specific mission: to strengthen the services, organizations, performance, competence, integrity, and professionalism of various first responders in the city, including the New Orleans Police Department, law enforcement agencies, fire departments, EMS, and other emergency services. By providing funding, assistance, and undertaking activities designed to enhance these entities, Hermes BTP Foundation Inc aims to benefit the residents and visitors of New Orleans.
In pursuit of its mission, Hermes BTP Foundation Inc has demonstrated its commitment to supporting the New Orleans Police Department, specifically. In 2022, the foundation provided grants to help the department by funding equipment, training, and a mobile food truck. This initiative enabled the police department to offer snacks, meals, and drinks to officers while patrolling during Mardi Gras, ensuring their well-being and boosting morale during the festive period. Furthermore, the foundation showed support for the Jefferson Parish Sheriff's Office Narcotics Division by granting funds for a drug-detection canine, thereby aiding in drug enforcement efforts.
By extending its support to various first responders, Hermes BTP Foundation Inc continues to make significant contributions to the safety and well-being of the city's residents and visitors. The foundation's mission, therefore, can be seen as a testament to its dedication to enhancing the capabilities and effectiveness of the city's emergency services, ultimately benefiting the community as a whole.
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Impact
August, 2024
Hermes Btp Foundation Inc's impact can be seen in its support of the New Orleans Police Department and other law enforcement agencies in the city. Through grants provided in 2022, the foundation has contributed to the enhancement of equipment, training, and resources for first-responders, including the purchase of a drug-detection canine and a mobile food truck for Mardi Gras patrols. Additionally, the foundation has extended its support to educational initiatives, such as assisting with PBS specials that celebrate the culture of New Orleans. By strengthening the services and professionalism of these essential departments, Hermes Btp Foundation Inc is making a direct and positive impact on the safety and well-being of the residents and visitors of New Orleans.
This information is meant to be a general summary of Hermes Btp 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.
- Gross Receipts: $74,350
Assets and Liabilities:
- Total Assets: $164,989
- Total Liabilities: $0
- Net Assets: $164,989
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Organization Details
Founding Year
2013
Phone
(504) 524-0880Principal Officer
Lawrence R Demarcay Iii
Main Address
650 POYDRAS STREET 2249, NEW ORLEANS, LA, 70130
NTEE Category
Code: P20 - Human services
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