Overview
What is The Denver Police Orphans Fund Inc?
The Denver Police Orphans Fund Inc is a dedicated nonprofit organization situated in Denver, Colorado. Its primary mission is to offer financial aid for the educational expenses of children who have lost their police officer parents. All donations are strategically invested to generate income for this purpose. By doing so, the fund aims to ensure that the children of fallen Denver police officers have the opportunity to pursue their education, thereby securing a brighter future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Score: 73%)
The Denver Police Orphans Fund Inc has received a Two-Star rating from Charity Navigator, indicating that while it demonstrates strong accountability and finance practices, there are significant areas needing improvement. The organization scores exceptionally well in governance metrics, with a perfect score for having a majority of independent board members and no material diversion of assets, reflecting solid financial stewardship.
However, notable deficiencies exist in critical policy areas. The absence of a conflict of interest policy, whistleblower policy, and document retention policy, alongside a missing tax form on its website, raises concerns regarding transparency and overall governance. While the program expense ratio is high at 96.82%, suggesting effective use of funds towards its mission, the lack of proper policies may impact stakeholder trust.
Overall, while The Denver Police Orphans Fund Inc shows strong financial health and commitment to its core programs, the missing governance policies highlight areas for necessary improvement to enhance accountability and build stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is The Denver Police Orphans Fund Inc legitimate?
The Denver Police Orphans Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Denver Police Orphans 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.
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What is the mission statement of The Denver Police Orphans Fund Inc?
The Denver Police Orphans Fund Inc's mission is centered around providing financial support for the educational opportunities of children who have lost their parent, a Denver Police officer. The organization aims to generate income from donations to cover the educational expenses of these children. The Denver Police Orphans Fund Inc is committed to ensuring that the children of fallen officers have the chance to pursue their education, thereby providing them with a solid foundation for their future. By investing in education, the Fund seeks to honor the sacrifice of the fallen officers and provide a brighter future for their children.
Who is the CEO of The Denver Police Orphans Fund Inc?
Charles Jones is the President of The Denver Police Orphans Fund Inc.
What is the revenue of The Denver Police Orphans Fund Inc?
The Denver Police Orphans Fund Inc's revenue in 2022 was $157,155.
Who are the executives of The Denver Police Orphans Fund Inc and what are their salaries?
There 13 volunteers at The Denver Police Orphans Fund Inc.
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Where can I find the form 990 for The Denver Police Orphans Fund Inc?
The Denver Police Orphans Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Denver Police Orphans Fund Inc
The Denver Police Orphans Fund Inc is committed to providing educational assistance for the children of fallen Denver Police officers. Their mission, in essence, is to offer financial support for various educational opportunities that cater to the needs of these children, whose fathers tragically lost their lives in the line of duty. By investing donations, the fund aims to generate sufficient income to cover the educational expenses of these children, ensuring they have access to quality education despite their unfortunate circumstances.
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Impact
October, 2024
The Denver Police Orphans Fund Inc offers crucial financial support for the educational needs of children who have lost their parents while serving in the Denver Police Department. By investing donations effectively, the organization ensures ongoing funding for educational expenses, helping these children pursue academic opportunities despite the tragic loss they have faced. This support empowers young individuals to pursue their dreams, fostering resilience and providing a pathway towards a brighter future in the wake of personal adversity. Through its dedication to these families, the Fund plays a significant role in alleviating the burdens of educational costs, thereby honoring the sacrifices of fallen officers and nurturing the potential of their children.
This information is meant to be a general summary of The Denver Police Orphans 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: $31,423
- Gross Receipts: $449,757
Assets and Liabilities:
- Total Assets: $1,193,322
- Total Liabilities: $0
- Net Assets: $1,193,322
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Organization Details
Founding Year
1973
Phone
(303) 640-1435Principal Officer
Charles Jones
Main Address
1331 CHEROKEE ST STE 420, DENVER, CO, 80204
NTEE Category
Code: P99 - Human services
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