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Alvin Sunrise Rotary Foundation

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

EIN: 473226627 ✦ Alvin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Alvin Sunrise Rotary Foundation?

The Alvin Sunrise Rotary Foundation, located in Alvin, Texas, is a dedicated nonprofit organization. Its primary mission is to support the local community and educational institutions by providing donations and scholarships. This philanthropic endeavor is an integral part of the organization's commitment to serving others and promoting integrity. Moreover, the Foundation's activities aim to foster world understanding, goodwill, and peace through the fellowship of business, aligned with the Rotary Club's global ethos. The Foundation operates within the boundaries of its hometown, Alvin, and the state of Texas, contributing positively to the educational landscape and community life.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating

The Alvin Sunrise Rotary Foundation has achieved an impressive score of 94%, earning a Four-Star rating from Charity Navigator. This high rating reflects strong accountability and finance practices, indicating that the organization effectively manages its resources and maintains transparency in its operations. The rating is derived entirely from its Accountability & Finance score, highlighting the foundation's commitment to responsible governance.

One of the notable strengths of the foundation is its fully independent board, which consists of 35 members, demonstrating a robust commitment to impartial oversight. Additionally, the foundation has established comprehensive policies, including those for conflicts of interest and whistleblowers, which further emphasize its dedication to ethical practices. The organization also shows a healthy liabilities to assets ratio of 7.06% and allocates a significant 86.14% of its expenses directly to its programs.

While the foundation demonstrates strong financial management and governance, it is essential for potential donors and stakeholders to remain informed about the organization's ongoing initiatives and community impact. Overall, the Alvin Sunrise Rotary Foundation stands out as a well-managed nonprofit that prioritizes accountability.


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

Is Alvin Sunrise Rotary Foundation legitimate?

Alvin Sunrise Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alvin Sunrise Rotary Foundation 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 Alvin Sunrise Rotary Foundation?

The Alvin Sunrise Rotary Foundation's mission is centered around serving the community and fostering positive change. Its primary objective is to promote integrity, enhance global understanding, and cultivate goodwill and peace. This is achieved through the fellowship of businesspeople. The foundation also provides a platform for offering donations and scholarships to local community organizations and high school students, thereby contributing to their educational growth.

Who is the CEO of Alvin Sunrise Rotary Foundation?

James Nash is the Principal Officer of Alvin Sunrise Rotary Foundation.

What is the revenue of Alvin Sunrise Rotary Foundation?

Alvin Sunrise Rotary Foundation's revenue in 2023 was $168,579.

Who are the executives of Alvin Sunrise Rotary Foundation and what are their salaries?

There 60 volunteers at Alvin Sunrise Rotary Foundation.


Here are 4 key members and their salaries:


Tom Summerville (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Del Bello (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Layman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Vasquez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alvin Sunrise Rotary Foundation?

Alvin Sunrise Rotary Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Alvin Sunrise Rotary Foundation

The Alvin Sunrise Rotary Foundation is a dedicated organization with a mission to serve its community, foster integrity, and promote global understanding and peace. It achieves this goal by engaging in fellowship with local businesses. Beyond this, the foundation is committed to providing financial assistance in the form of donations and scholarships to various community organizations and high school students. By doing so, the Alvin Sunrise Rotary Foundation plays an essential role in uplifting its community and investing in the education and future of its youth.

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Impact




October, 2024

Alvin Sunrise Rotary Foundation makes a significant impact in the local community of Alvin, TX, by providing donations and scholarships to educational organizations and high school students. Through its commitment to service, the foundation not only supports the academic pursuits of young individuals but also fosters community improvement and development. By promoting integrity and advancing goodwill and peace, it strengthens the bonds within the community, creating a network of business and civic leaders dedicated to uplifting others. The foundation's efforts contribute to a more cohesive and supportive environment, ultimately enhancing the overall quality of life in the region.




This information is meant to be a general summary of Alvin Sunrise Rotary Foundation. 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
$168,579 (2023)
Expenses
$59,814 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $4,705
  • Gross Receipts: $486,972

Assets and Liabilities:

  • Total Assets: $424,543
  • Total Liabilities: $29,979
  • Net Assets: $394,564

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Organization Details

Founding Year

2015

Principal Officer

James Nash

Main Address

PO BOX 42, ALVIN, TX, 77512

NTEE Category

Code: S12 - Community improvement

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