Overview
What is Diane Whipple Foundation Inc?
The Diane Whipple Foundation Inc, situated in Port Washington, New York, is a nonprofit organization dedicated to the promotion of amateur sports, with a particular focus on lacrosse for high school students. Their mission revolves around fostering an engaging and competitive environment for these students, contributing to their overall development and enjoyment of the sport. The foundation operates within the state of New York.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
The Diane Whipple Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in its accountability and financial practices. With an overall score of 69%, the foundation demonstrates strong governance practices, such as a conflict of interest policy and whistleblower policy, both of which are well-documented and in place. Additionally, the organization has achieved full marks for having an independent board, although it falls short in terms of the size of its board, which has only two independent members.
Financially, the foundation excels in its program expenses, allocating nearly all of its resources (99.49%) directly to its programs. However, there are significant concerns regarding its liabilities to assets ratio at 130.49%, which raises questions about its financial stability and sustainability. The lack of a posted tax form on the nonprofit's website is another noted limitation, suggesting a need for improved transparency in its financial reporting.
In summary, while the Diane Whipple Foundation Inc exhibits strengths in governance and directs a large portion of its budget to programs, its financial ratios and board size highlight areas for potential improvement. Addressing these issues could enhance its overall rating and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Diane Whipple Foundation Inc legitimate?
Diane Whipple Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diane Whipple 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
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What is the mission statement of Diane Whipple Foundation Inc?
The Diane Whipple Foundation Inc is dedicated to the promotion of amateur sports, with a particular focus on lacrosse for high school students. Their mission is to foster and support this sport, providing opportunities for young athletes to develop their skills and passion for lacrosse. The foundation aims to encourage teamwork, sportsmanship, and a sense of community among these students, contributing to their overall personal growth and development. Their activities may also involve advocating for the recognition and advancement of lacrosse in high schools, as well as providing resources and resources to support the sport at this level.
Who is the CEO of Diane Whipple Foundation Inc?
Pamela Monfort is the President of Diane Whipple Foundation Inc.
What is the revenue of Diane Whipple Foundation Inc?
Diane Whipple Foundation Inc's revenue in 2021 was $41,089.
Who are the executives of Diane Whipple Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- 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 Diane Whipple Foundation Inc?
Diane Whipple Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Diane Whipple Foundation Inc
The Diane Whipple Foundation Inc is dedicated to fostering the growth and promotion of amateur sports, with a particular focus on lacrosse, among high school students. This organization's mission is to provide a platform for young athletes to hone their skills and passion for the sport, contributing to their overall development and well-being. By promoting lacrosse, the Diane Whipple Foundation Inc aims to inspire a sense of teamwork, discipline, and sportsmanship in the participating students.
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Impact
August, 2024
The Diane Whipple Foundation Inc's impact lies in promoting amateur sports, specifically lacrosse, for high school students. By providing opportunities for young individuals to engage in this sport, the foundation not only encourages physical activity and skill development but also fosters teamwork and discipline. Through its mission, the organization helps create a positive impact on the lives of these students, instilling values that extend beyond the playing field. This focus on promoting wellness and recreation among youth contributes to a healthier and more active community in Port Washington, NY.
This information is meant to be a general summary of Diane Whipple 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 2021.
- Program Service Revenue: $41,089
- Gross Receipts: $41,089
Assets and Liabilities:
- Total Assets: $65,254
- Total Liabilities: $85,151
- Net Assets: -$19,897
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURNAMENT FEES
Revenue
$41,089
Organization Details
Founding Year
2015
Phone
(516) 326-8282Principal Officer
Pamela Monfort
Main Address
18 ORCHARD STREET, PORT WASHINGTON, NY, 11050
NTEE Category
Code: N99 - Recreation
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