Overview
What is Rockville Rotary Club Foundation Inc?
Rockville Rotary Club Foundation Inc, based in Rockville, Maryland, is a charitable organization dedicated to aiding various foundations within the community. Their primary objective is to extend support to nonprofit entities, contributing to their overall operations and initiatives. The foundation's mission is clear: to reinforce and bolster the efforts of these nonprofits, thus making a positive impact in Rockville and beyond.
Official website here: www.rockvillerotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Rockville Rotary Club Foundation Inc has earned a Three-Star rating from Charity Navigator, reflecting its accountability and financial health. The overall score is based entirely on a single beacon score, with an Accountability & Finance Score of 76%. This rating indicates a solid performance in managing its resources and fulfilling its mission.
One of the strengths highlighted in the evaluation is the foundation's independent board composition, which comprises 100% independent members, as well as a favorable liabilities to assets ratio of 0.00%. Additionally, the organization demonstrates excellent program expense efficiency, with 99.99% of its expenses going towards its programs. However, the absence of key policies, such as a conflict of interest policy and a whistleblower policy, has contributed to a reduced score in accountability measures.
While the organization maintains transparency with its board meeting minutes and tax form listings, the lack of certain governance policies indicates areas where it could improve. Overall, the Rockville Rotary Club Foundation Inc shows a strong commitment to its financial responsibilities but may benefit from enhancing its governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Rockville Rotary Club Foundation Inc legitimate?
Rockville Rotary Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockville Rotary Club 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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Official website here: www.rockvillerotary.org
What is the mission statement of Rockville Rotary Club Foundation Inc?
The Rockville Rotary Club Foundation, an organization based in its namesake city, is dedicated to providing support to various nonprofit organizations. Its mission is to foster and promote the growth and success of these nonprofit entities, thereby contributing to their collective impact in their respective fields. By offering assistance and resources, the foundation aims to empower these organizations to fulfill their respective missions and make a difference in their communities. The support provided by the Rockville Rotary Club Foundation is instrumental in enabling these nonprofit organizations to continue their vital work and achieve their goals.
Official website here: www.rockvillerotary.org
Who is the CEO of Rockville Rotary Club Foundation Inc?
Andrew Einsmann is the President of Rockville Rotary Club Foundation Inc.
Official website here: www.rockvillerotary.org
What is the revenue of Rockville Rotary Club Foundation Inc?
Rockville Rotary Club Foundation Inc's revenue in 2020 was $35,914.
Official website here: www.rockvillerotary.org
Who are the executives of Rockville Rotary Club Foundation Inc and what are their salaries?
There 5 volunteers at Rockville Rotary Club Foundation Inc.
Here are 5 key members and their salaries:
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Official website here: www.rockvillerotary.org
Where can I find the form 990 for Rockville Rotary Club Foundation Inc?
Rockville Rotary Club Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.rockvillerotary.org
Learn more at the official website: www.rockvillerotary.org
Mission Statement of Rockville Rotary Club Foundation Inc
The Rockville Rotary Club Foundation is an organization dedicated to supporting various nonprofit entities. Their mission, in essence, revolves around providing aid and assistance to these nonprofit organizations, aiming to foster their growth and impact in their respective fields. By embracing this role, the Rockville Rotary Club Foundation acts as a catalyst, empowering these nonprofits to make a significant difference in their communities.
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Impact
August, 2024
The impact of the Rockville Rotary Club Foundation Inc can be seen through its support for multiple nonprofit organizations in Rockville, MD. By providing assistance to these organizations, the Foundation is able to contribute towards the betterment of the community and help further the missions of various nonprofits. Through its philanthropic efforts, the Foundation plays a crucial role in fostering positive change and support for those in need in the Rockville area.
This information is meant to be a general summary of Rockville Rotary Club 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 2020.
- Investment Income: $8,998
- Gross Receipts: $35,914
Assets and Liabilities:
- Total Assets: $519,480
- Total Liabilities: $0
- Net Assets: $519,480
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Organization Details
Founding Year
1980
Phone
(202) 465-5056Principal Officer
Andrew Einsmann
Main Address
PO Box 4100, Rockville, MD, 208494100
Website
www.rockvillerotary.orgNTEE Category
Code: T120 - Philanthropy
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