Overview
What is Cal Ripken Sr Foundation Inc?
The Cal Ripken Sr Foundation Inc is a nonprofit organization based in Baltimore, Maryland, with a workforce of 80 employees. Their mission is to build character and impart essential life lessons to underprivileged youth residing in distressed communities through sports-themed programs. led by former baseball greats, Cal Ripken, Jr., and Bill Ripken, the foundation creates partnerships with successful youth organizations to teach healthy lifestyle choices and smart decisions. They engage law enforcement officials in their programs, positioning them as positive role models rather than just authorities. Additionally, the Cal Ripken Sr Foundation offers STEM education initiatives, providing educational products, technology, and training to schools and community-based organizations across the country. Through mentorship programs and funding, the foundation empowers local leaders to implement their youth development programs effectively.
Official website here: www.ripkenfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
The Cal Ripken Sr Foundation Inc demonstrates a strong commitment to accountability and finance, evidenced by its impressive 97% rating. This rating is derived solely from its robust performance in financial management, with a perfect score in multiple areas, including an independent board and the absence of material asset diversion. The foundation also adheres to best practices in governance, with comprehensive policies in place related to conflicts of interest and whistleblowing.
Strengths of the organization include its high program expense ratio of 76.09%, indicating that a significant portion of its funds directly supports its mission. Additionally, the foundation maintains an exceptional fundraising efficiency, spending only $0.10 to raise each dollar, which reflects effective resource management. Its financial stability is underscored by a good working capital ratio, ensuring sustainability for future initiatives.
While the foundation has shown excellent performance in the areas measured by Charity Navigator, ongoing transparency and continued adherence to these high standards will be essential as the organization continues its work. Overall, the Cal Ripken Sr Foundation Inc stands out as a highly trustworthy and effective nonprofit, dedicated to its mission of youth development through sports.
This AI summary has been generated from information found on Charity Navigator.
Is Cal Ripken Sr Foundation Inc legitimate?
Cal Ripken Sr Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cal Ripken Sr 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: $2,868,023
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,237,905
For more financial information, click here
Official website here: www.ripkenfoundation.org
What is the mission statement of Cal Ripken Sr Foundation Inc?
The Cal Ripken Sr Foundation, through partnerships with successful youth organizations, aims to teach disadvantaged young people in distressed communities the importance of making productive decisions and embracing lifelong character traits. The organization uses sports as an engaging tool to impart lessons on perseverance, commitment, and good nutritional habits, while also encouraging community involvement. The foundation empowers local community leaders to become successful mentors and implements youth development programs. Additionally, the organization collaborates with law enforcement officials to act as mentors and coaches through the "Badges for Baseball" program, and provides funding, educational materials, and equipment for STEM education initiatives.
Official website here: www.ripkenfoundation.org
Who is the CEO of Cal Ripken Sr Foundation Inc?
Stephan Salem is the CEO of Cal Ripken Sr Foundation Inc The CEO's salary of Cal Ripken Sr Foundation Inc is $637,131 and their total compensation is $825,483.
Official website here: www.ripkenfoundation.org
What is the revenue of Cal Ripken Sr Foundation Inc?
Cal Ripken Sr Foundation Inc's revenue in 2023 was $34,860,036.
Official website here: www.ripkenfoundation.org
Who are the executives of Cal Ripken Sr Foundation Inc and what are their salaries?
The average compensation at Cal Ripken Sr Foundation Inc during 2023 was $75,087. There are 68 employees and 25869 volunteers at Cal Ripken Sr Foundation Inc.
Here are 62 key members and their salaries (Cal Ripken Sr Foundation Inc's CEO's salary is $637,131 and their total compensation is $825,483):
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- Compensation: $637,131
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- Compensation: $109,263
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- Compensation: $109,741
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- Other: $10,588
Official website here: www.ripkenfoundation.org
Where can I find the form 990 for Cal Ripken Sr Foundation Inc?
Cal Ripken Sr Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ripkenfoundation.org
Learn more at the official website: www.ripkenfoundation.org
Mission Statement of Cal Ripken Sr Foundation Inc
Cal Ripken Sr Foundation Inc is a charitable organization dedicated to enhancing the lives of underprivileged children in distressed communities. Through innovative sports-themed programs, the Foundation instills essential character traits and critical life lessons in these young individuals. Cal Ripken Sr Foundation's mission is twofold: fostering healthy lifestyles and encouraging smart decision-making.
Driven by former baseball greats Cal Ripken, Jr. and Bill Ripken, the Foundation's approach is unique in its ability to capture the attention of disadvantaged youth using sports as a catalyst. By incorporating values such as perseverance and commitment into their programs, the Foundation teaches children the importance of embracing positive habits and giving back to their communities. Local community leaders, including law enforcement officials, are trained to act as mentors and coaches, providing guidance and support that extends beyond the sports field.
The Foundation goes beyond mere funding, partnering with organizations to implement their youth development programs. This collaborative effort ensures a lasting impact on the communities they serve. A key component of their work is the 'Badges for Baseball' program, where law enforcement officials engage with youth as friends and positive role models. By building relationships and displaying a positive presence, the Foundation fosters a sense of trust and encourages open communication.
Cal Ripken Sr Foundation's commitment to education is exemplified in their National STEM Initiative. Through this program, the Foundation provides access to elementary and middle school STEM education, equipping students with the tools and knowledge they need to succeed in science, technology, engineering, and mathematics. By providing educational materials, technology, training for educators and mentors, curriculum, and lessons plans, the Foundation is empowering the next generation to explore their potential and pursue opportunities in STEM fields.
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Impact
October, 2024
The Cal Ripken Sr. Foundation Inc has a significant impact on underserved youth in America's most distressed communities by leveraging sports as a tool for personal development. Through various programs, the foundation instills essential life lessons such as perseverance, commitment, and the importance of making healthy lifestyle choices. By engaging children in sports, the foundation captures their attention and uses that platform to teach character traits that encourage them to embrace opportunities for future success.
One major initiative is the "Badges for Baseball" program, which engages law enforcement officials as mentors and coaches. This initiative aims to reshape perceptions of law enforcement, presenting them as positive role models rather than figures associated only with times of crisis. This approach helps to build trust within the community and provides youth with supportive relationships.
Furthermore, the foundation runs a National STEM initiative that offers access to educational resources in science, technology, engineering, and mathematics for elementary and middle school students. By providing necessary tools such as educational products, technology, and training for educators, the foundation enhances the learning experience and opens doors for future careers in STEM fields.
Ultimately, the foundation's dedication to character building and critical life lessons fosters a supportive environment where disadvantaged young people can thrive, equipping them with the resources and mentorship needed to become successful, contributing members of society.
This information is meant to be a general summary of Cal Ripken Sr 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.
- Investment Income: $352,595
- Program Service Revenue: $345,000
- Gross Receipts: $36,371,169
Assets and Liabilities:
- Total Assets: $24,575,623
- Total Liabilities: $3,673,467
- Net Assets: $20,902,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STEM
Revenue
$345,000
Organization Details
Founding Year
2001
Principal Officer
Stephan Salem
Website
www.ripkenfoundation.orgNTEE Category
Code: B99 - Education
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