Overview
What is Syaor Charitable Foundation Inc?
Syaor Charitable Foundation Inc is a nonprofit organization that actively contributes to its local community in Yuba, Colusa, and Sutter. Their primary mission is to provide essential support to school-aged children, especially during the school year. They accomplish this by distributing clothing and backpacks filled with school supplies, serving approximately 150 children annually. The foundation's core belief is to give back to the community through charitable acts and contributions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
The Syaor Charitable Foundation Inc has received a low rating of 50%, resulting in a One-Star out of Four Stars designation. This rating highlights significant concerns related to governance and transparency, particularly the absence of independent board members and missing policies that are critical for accountability. The foundation lacks key documentation, such as a conflict of interest policy and whistleblower policy, which raises questions about its operational integrity.
On a more positive note, the organization has a strong program expense ratio of 99.89%, indicating that nearly all of its expenses are directed towards its programs. This suggests a commitment to using its resources for its intended charitable purposes rather than administrative costs. Additionally, there are no reported material diversions of assets, reflecting some level of financial integrity.
Despite the positive aspects, the foundation has multiple areas for improvement, particularly in establishing a more independent governance structure and enhancing transparency by providing readily accessible documentation. The absence of a website listed on its tax form further complicates efforts to access necessary information about the organization. Overall, while Syaor Charitable Foundation Inc demonstrates a strong focus on program expenses, the lack of accountability measures remains a significant limitation.
This AI summary has been generated from information found on Charity Navigator.
Is Syaor Charitable Foundation Inc legitimate?
Syaor Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Syaor Charitable Foundation Inc submitted a form 990EZ, 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 Syaor Charitable Foundation Inc?
The Syaor Charitable Foundation Inc's mission is centered around giving back to the community. Throughout the year, they provide essential items such as clothes and school supplies filled with necessary school materials to approximately 150 school-aged children in areas including Yuba, Colusa, and Sutter. Their primary objective is to contribute to their community through charitable acts.
Who is the CEO of Syaor Charitable Foundation Inc?
Crystal Castle is the CEO of Syaor Charitable Foundation Inc The CEO's salary of Syaor Charitable Foundation Inc is $0 and their total compensation is $0.
What is the revenue of Syaor Charitable Foundation Inc?
Syaor Charitable Foundation Inc's revenue in 2023 was $53,367.
Who are the executives of Syaor Charitable Foundation Inc and what are their salaries?
Here are 3 key members and their salaries (Syaor Charitable Foundation Inc's CEO's salary is $0 and their total compensation is $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 990EZ for Syaor Charitable Foundation Inc?
Syaor Charitable Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Syaor Charitable Foundation Inc
Syaor Charitable Foundation Inc, as a charitable organization, dedicates its mission to giving back to the community by providing essential resources to school-aged children in need. Specifically, the foundation offers clothes and backpacks filled with school supplies to approximately 150 children residing in Yuba, Colusa, and Sutter. This philanthropic initiative is a testament to Syaor's commitment to supporting the education and well-being of the youth in their community, thus contributing to a brighter future for these children.
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Impact
October, 2024
Syaor Charitable Foundation Inc has made a significant impact in Yuba City, CA, by directly supporting the educational needs of approximately 150 school-aged children in the Yuba, Colusa, and Sutter areas. Through their efforts, they provided essential clothing and backpacks filled with school supplies, ensuring that children have the resources they need for a successful school year. This initiative not only enhances the academic experience for these children but also fosters a sense of community by giving back through charitable acts and contributions, addressing both immediate needs and contributing to the overall well-being of the local population.
This information is meant to be a general summary of Syaor Charitable 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 2023.
- Gross Receipts: $105,912
Assets and Liabilities:
- Total Assets: $55,163
- Total Liabilities: $0
- Net Assets: $55,163
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Organization Details
Principal Officer
Holly Shackleford
NTEE Category
Code: T12 - Philanthropy
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