Overview
What is Scottish Rite Foundation Valley Of Chattanooga Tn?
The Scottish Rite Foundation Valley Of Chattanooga TN is a nonprofit organization situated in Chattanooga, Tennessee, specifically at 1345 Hickory Valley Road. Their primary mission is to support children's hospitals and provide essential necessities for individuals who are unable to procure them on their own. Their activities and mission revolve around assisting those in need, focusing on the well-being of children in particular. The foundation's work encompasses providing fundamental necessities, thereby contributing to the overall welfare of the community.
Official website here: www.chattanoogascottishrite.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating
The Scottish Rite Foundation Valley of Chattanooga, TN has received a score of 36%, which results in a Zero-Star rating. This rating reflects significant concerns regarding the organization’s accountability and financial health, as the overall score is based solely on one beacon category. While the foundation boasts a fully independent board and demonstrates no material diversion of assets, it lacks essential policies such as conflict of interest and whistleblower protections, which are critical for ensuring accountability.
On the positive side, the foundation has a strong governance structure with all board members being independent and an appropriate size for decision-making. Additionally, they do not have any liabilities in relation to their assets, indicating a stable financial standing in that regard. The presence of documented board meeting minutes adds to the transparency of their operations.
However, the foundation faces serious limitations with a program expense ratio of only 14.41%, suggesting that a minimal portion of its budget is directed towards its charitable programs. Furthermore, the absence of key policies and the lack of financial transparency through missing documents on their website significantly contribute to their low rating. Overall, these factors raise concerns about the organization's effectiveness and commitment to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Scottish Rite Foundation Valley Of Chattanooga Tn legitimate?
Scottish Rite Foundation Valley Of Chattanooga Tn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scottish Rite Foundation Valley Of Chattanooga Tn 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:
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For more financial information, click here
Official website here: www.chattanoogascottishrite.org
What is the mission statement of Scottish Rite Foundation Valley Of Chattanooga Tn?
The Scottish Rite Foundation in this particular valley aims to support children's hospitals and provide essential needs for individuals who are unable to procure them independently. This philanthropic organization is dedicated to alleviating the hardships faced by those in need, contributing to their well-being and improving their quality of life. By supporting children's hospitals, the foundation is actively involved in enhancing healthcare services for vulnerable children. Furthermore, providing basic necessities for individuals who cannot afford them is a crucial aspect of the foundation's mission, ensuring that everyone has access to the essentials necessary for a dignified existence.
Official website here: www.chattanoogascottishrite.org
Who is the CEO of Scottish Rite Foundation Valley Of Chattanooga Tn?
John R Lifsey is the Commander of Scottish Rite Foundation Valley Of Chattanooga Tn.
Official website here: www.chattanoogascottishrite.org
What is the revenue of Scottish Rite Foundation Valley Of Chattanooga Tn?
Scottish Rite Foundation Valley Of Chattanooga Tn's revenue in 2022 was $61,276.
Official website here: www.chattanoogascottishrite.org
Who are the executives of Scottish Rite Foundation Valley Of Chattanooga Tn and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.chattanoogascottishrite.org
Where can I find the form 990 for Scottish Rite Foundation Valley Of Chattanooga Tn?
Scottish Rite Foundation Valley Of Chattanooga Tn's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chattanoogascottishrite.org
Learn more at the official website: www.chattanoogascottishrite.org
Mission Statement of Scottish Rite Foundation Valley Of Chattanooga Tn
The Scottish Rite Foundation Valley Of Chattanooga Tn is committed to a noble mission. This organization strives to support children's hospitals and provides essential necessities for individuals who find themselves in circumstances where self-sufficiency is a challenge. In essence, the foundation seeks to bridge the gap in essential needs for those less fortunate. By doing so, it contributes significantly to the well-being of children in need, ensuring they receive the necessary care and support they deserve.
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Impact
August, 2024
The Scottish Rite Foundation Valley of Chattanooga, TN has a significant impact on the community by supporting children's hospitals and providing basic necessities for individuals who cannot provide for themselves. Through their mission to support children's hospitals and ensure that essential needs are met for those in need, they contribute to the well-being and health of vulnerable populations in Chattanooga. Their dedication to this cause demonstrates a commitment to mutual benefit and the betterment of society as a whole.
This information is meant to be a general summary of Scottish Rite Foundation Valley Of Chattanooga Tn. 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: $9,322
- Gross Receipts: $140,028
Assets and Liabilities:
- Total Assets: $862,432
- Total Liabilities: $0
- Net Assets: $862,432
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Organization Details
Founding Year
1977
Phone
(423) 855-0175Principal Officer
John R Lifsey
Main Address
1345 HICKORY VALLEY RD, CHATTANOOGA, TN, 37421
NTEE Category
Code: Y40Z - Mutual benefit
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