Overview
What is Ric-Rack Resource Interaction Council Inc?
Ric-Rack Resource Interaction Council Inc is a charitable organization situated in Dawsonville, Georgia. With a modest workforce of ten employees, this nonprofit organization is dedicated to serving the community. They operate a thrift store and a food bank, providing essential resources to families in need. Beyond this, Ric-Rack Resource Interaction Council Inc also distributes funding to other community organizations, contributing to the overall well-being of Dawsonville's residents.
Official website here: www.ric-rack.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%
Ric-Rack Resource Interaction Council Inc has received a Three-Star out of Four Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. With a program expense ratio of 96.26%, the organization demonstrates a strong commitment to directing funds towards its initiatives, which is a positive sign for potential donors.
The organization boasts a fully independent board, with 100% of its members being independent, and it has successfully managed its assets without any material diversion, indicating stability and integrity in its operations. The charity is transparent in listing its website on its tax forms and maintains proper documentation of board meeting minutes.
However, there are notable areas for improvement, particularly the absence of a conflict of interest policy and a whistleblower policy, both of which are crucial for governance and ethical accountability. While the charity shows strength in financial stewardship, addressing these policy gaps could enhance its overall governance and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Ric-Rack Resource Interaction Council Inc legitimate?
Ric-Rack Resource Interaction Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ric-Rack Resource Interaction Council 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: $42,838
For more financial information, click here
Official website here: www.ric-rack.org
What is the mission statement of Ric-Rack Resource Interaction Council Inc?
The Ric-Rack Resource Interaction Council Inc is a charitable organization that operates a thrift store and a food bank. Their mission, as stated, is to provide support to other community organizations and purchase surplus food for providing services to needy families. This organization operates on a mission to help those in need, utilizing the resources of a thrift store and food bank to distribute aid and assist in community development.
Official website here: www.ric-rack.org
Who is the CEO of Ric-Rack Resource Interaction Council Inc?
Robert Inman is the Chairman of Ric-Rack Resource Interaction Council Inc.
Official website here: www.ric-rack.org
What is the revenue of Ric-Rack Resource Interaction Council Inc?
Ric-Rack Resource Interaction Council Inc's revenue in 2021 was $117,420.
Official website here: www.ric-rack.org
Who are the executives of Ric-Rack Resource Interaction Council Inc and what are their salaries?
The average compensation at Ric-Rack Resource Interaction Council Inc during 2021 was $4,284. There are 10 employees at Ric-Rack Resource Interaction Council Inc.
Here are 7 key members and their salaries:
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Official website here: www.ric-rack.org
Where can I find the form 990 for Ric-Rack Resource Interaction Council Inc?
Ric-Rack Resource Interaction Council Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.ric-rack.org
Learn more at the official website: www.ric-rack.org
Mission Statement of Ric-Rack Resource Interaction Council Inc
Ric-Rack Resource Interaction Council Inc is a charitable organization with a mission to serve its community. At the heart of its operations, this organization runs a thrift store and a food bank. Its primary goal is to provide funding for other community organizations and procure surplus food for distributing among needy families. By doing so, Ric-Rack Resource Interaction Council Inc plays a crucial role in supporting its local community, ensuring that essential resources are made available to those in need.
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Impact
October, 2024
Ric-Rack Resource Interaction Council Inc significantly impacts the Dawsonville, GA community by operating a thrift store and food bank, directly addressing the needs of vulnerable families. Through its thrift store, the organization provides affordable goods, allowing low-income individuals to access necessary items while promoting sustainable practices.
The food bank plays a crucial role in alleviating food insecurity by supplying surplus food to those in need, ensuring that families can receive nutritious meals. Additionally, Ric-Rack supports various community organizations through funding, expanding its reach and enhancing resources available to residents in need. Overall, Ric-Rack Resource Interaction Council Inc is a vital lifeline for many, fostering community support and promoting human services essential for improving quality of life.
This information is meant to be a general summary of Ric-Rack Resource Interaction Council 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 2021.
- Investment Income: $183
- Gross Receipts: $414,397
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Principal Officer
Robert Inman
Main Address
PO BOX 891, DAWSONVILLE, GA, 30534
Website
www.ric-rack.orgNTEE Category
Code: P29 - Human services
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