Overview
What is Naples North Rotary Club Foundation Inc?
The Naples North Rotary Club Foundation Inc, established in Naples, is a nonprofit organization committed to supporting local area high school seniors in their pursuit of higher education. Their mission encompasses both education and charitable endeavors, as they award scholarships to deserving students to advance their studies. By providing these scholarships, the foundation plays a pivotal role in fostering educational opportunities and contributing positively to the community.
Official website here: www.naplesnorthrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Naples North Rotary Club Foundation Inc has earned a score of 76%, reflecting a solid Three-Star rating primarily based on its accountability and finance practices. The organization demonstrates a strong commitment to transparency with a majority independent board and no material diversion of assets, which are positive indicators of effective governance. Notably, their liabilities to assets ratio is excellent at 0%, and they allocate a significant 95.19% of their expenses directly to programs.
However, the foundation does have some limitations in its policies, particularly regarding conflict of interest, whistleblower protection, and document retention, all of which are marked as missing. These gaps represent potential areas of improvement for the organization to enhance its governance practices further. Additionally, their tax form is not published on their website, which could limit access to important financial information for potential donors and stakeholders.
Overall, while the Naples North Rotary Club Foundation Inc shows strong financial management and a commitment to its programs, addressing the noted policy deficiencies would bolster its transparency and accountability further, potentially leading to an even higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Naples North Rotary Club Foundation Inc legitimate?
Naples North Rotary Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Naples North 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:
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Other Salaries and Wages: $0
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Official website here: www.naplesnorthrotary.org
What is the mission statement of Naples North Rotary Club Foundation Inc?
The Naples North Rotary Club Foundation Inc's mission is centered around providing educational opportunities. Specifically, they offer college scholarships to high school seniors from the local area, aiming to help them further their education. This organization primarily focuses on education and charitable activities, working towards bettering the community in these two key areas.
Official website here: www.naplesnorthrotary.org
Who is the CEO of Naples North Rotary Club Foundation Inc?
Carrie Ferskie is the President of Naples North Rotary Club Foundation Inc.
Official website here: www.naplesnorthrotary.org
What is the revenue of Naples North Rotary Club Foundation Inc?
Naples North Rotary Club Foundation Inc's revenue in 2023 was $152,774.
Official website here: www.naplesnorthrotary.org
Who are the executives of Naples North Rotary Club Foundation Inc and what are their salaries?
There 100 volunteers at Naples North Rotary Club Foundation Inc.
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Official website here: www.naplesnorthrotary.org
Where can I find the form 990 for Naples North Rotary Club Foundation Inc?
Naples North Rotary Club Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.naplesnorthrotary.org
Learn more at the official website: www.naplesnorthrotary.org
Mission Statement of Naples North Rotary Club Foundation Inc
Naples North Rotary Club Foundation Inc is dedicated to promoting education and charitable causes. At the heart of their mission is providing financial aid in the form of college scholarships to high school seniors from the local area. This initiative aims to support these young individuals as they pursue higher education, thereby contributing to their personal growth and the betterment of society. By offering scholarships, the foundation is not only investing in the future of these students but also fostering a culture of learning and giving back to the community.
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Impact
October, 2024
Naples North Rotary Club Foundation Inc significantly impacts the local community by providing college scholarships to high school seniors in the Naples area. This initiative helps students further their education, empowering them to pursue their academic and career goals. By investing in the education of young individuals, the foundation plays a vital role in community improvement and fosters a brighter future for the next generation. Through its commitment to education and charitable activities, the foundation strengthens the fabric of the community and supports the aspirations of local youth.
This information is meant to be a general summary of Naples North 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 2023.
- Investment Income: $31,452
- Gross Receipts: $218,640
Assets and Liabilities:
- Total Assets: $954,048
- Total Liabilities: $0
- Net Assets: $954,048
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Organization Details
Founding Year
1987
Phone
(239) 597-8345Principal Officer
Carrie Ferskie
Main Address
PO BOX 1307, NAPLES, FL, 34106
Website
www.naplesnorthrotary.orgNTEE Category
Code: S80 - Community improvement
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