Overview
What is Roi Fund Inc?
Roi Fund Inc, located in Atlanta, Georgia, is a supporting organization affiliated with the Community Foundation of Greater Atlanta. Acting as an extension of this prominent community foundation, Roi Fund Inc contributes to charitable causes by providing grants to public charities backed by the Community Foundation. This strategic partnership allows Roi Fund Inc to uphold its charitable purpose and function, ultimately contributing to the greater good of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Roi Fund Inc has received a commendable Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance, with an overall score of 80%. This rating reflects the nonprofit's strong commitment to transparency and responsible financial management, with a majority of its board members being independent, which enhances its governance framework.
The organization demonstrates effective oversight, as evidenced by its perfect scores in several categories, including the absence of material diversion of assets and a clear conflict of interest policy. Additionally, it maintains a high program expense ratio of 84.75%, indicating that a significant portion of its funds is directed toward its mission-related activities rather than administrative costs.
While the rating is positive, potential donors may still want to consider the organization's overall impact and effectiveness in achieving its mission, as the rating primarily focuses on financial accountability rather than programmatic outcomes. Overall, Roi Fund Inc appears to uphold strong financial practices, making it a trustworthy option for those looking to contribute to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Roi Fund Inc legitimate?
Roi Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roi Fund 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 Roi Fund Inc?
Roi Fund Inc serves as a supporting organization for the Community Foundation of Greater Atlanta, one of the largest community foundations in the United States. Its mission is aligned with that of the Community Foundation of Greater Atlanta, aiming to carry out its charitable purposes and functions by making grants to public charities that the Community Foundation supports. Essentially, Roi Fund Inc's mission is to contribute to the objectives of the Community Foundation of Greater Atlanta.
Who is the CEO of Roi Fund Inc?
Alex Hertz is the Director of Roi Fund Inc.
What is the revenue of Roi Fund Inc?
Roi Fund Inc's revenue in 2022 was $209,578.
Who are the executives of Roi Fund Inc and what are their salaries?
There 4 volunteers at Roi Fund Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $71,801
- Other: $68
- 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 Roi Fund Inc?
Roi Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Roi Fund Inc
Roi Fund Inc, serving as a supporting organization to the Community Foundation of Greater Atlanta, carries out its charitable purposes and functions by making grants to public charities aligned with the Community Foundation for Greater Atlanta. The primary mission of Roi Fund Inc is to uphold the objectives of the Community Foundation for Greater Atlanta Inc. By doing so, Roi Fund Inc contributes to the betterment of its community by funding various charitable causes supported by the larger foundation.
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Impact
October, 2024
Roi Fund Inc plays a vital role in enhancing the philanthropic landscape in Atlanta by acting as a supporting organization for the Community Foundation of Greater Atlanta. Its primary impact revolves around making grants to public charities, thereby directly supporting various initiatives that address pressing community needs.
By channeling financial resources to public charities aligned with the mission of the Community Foundation, Roi Fund Inc helps to strengthen human services within the region. This support fosters the growth and effectiveness of local organizations, enabling them to deliver critical services that benefit a wide array of populations, including those facing challenges in areas such as health, education, and economic stability.
Through its strategic grant-making, Roi Fund Inc contributes to building a more resilient and interconnected community. By allocating funds where they are most needed, it empowers charitable organizations to innovate and expand their programs, ultimately improving the quality of life for residents in Atlanta and surrounding areas.
This information is meant to be a general summary of Roi Fund 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.
- Investment Income: $209,578
- Gross Receipts: $209,578
Assets and Liabilities:
- Total Assets: $16,089,739
- Total Liabilities: $200,000
- Net Assets: $15,889,739
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Organization Details
Founding Year
2015
Phone
(678) 892-1200Principal Officer
Alex Hertz
Main Address
8200 ROBERTS DRIVE 215, ATLANTA, GA, 30350
NTEE Category
Code: P11 - Human services
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