Overview
What is Rosarian Academy Charitable Trust?
The Rosarian Academy Charitable Trust is a philanthropic organization based in West Palm Beach, Florida, specifically at 807 N Flagler Drive. Their primary purpose is to raise funds for Rosarian Academy, Inc., a nonprofit entity. This financial support contributes to various aspects of the academy's operations, ensuring its continued growth and success as an exempt organization. The trust's mission is deeply rooted in fundraising, aiming to bolster the educational opportunities and resources available at Rosarian Academy, Inc.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
The Rosarian Academy Charitable Trust has received a two-star rating from Charity Navigator, indicating a need for improvement with an overall score of 73%. The organization excels in areas such as having a fully independent board, with all members meeting accountability standards, and it shows a sound financial position with a liabilities to assets ratio of 0%. Furthermore, a significant portion of its expenses (77.43%) is allocated directly to programs, demonstrating a commitment to its mission.
However, several critical policies and transparency measures are missing, which have impacted its overall rating negatively. The organization does not have a conflict of interest policy, whistleblower policy, or a document retention and destruction policy in place, all receiving zero out of seven points. Additionally, the absence of its website on tax forms and the tax form posted on the nonprofit's website have also contributed to its lower standing.
Overall, while the Rosarian Academy Charitable Trust has strengths in governance and financial management, the lack of essential policies and transparency measures suggests areas for improvement. Addressing these deficiencies could enhance its rating and foster greater trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Rosarian Academy Charitable Trust legitimate?
Rosarian Academy Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rosarian Academy Charitable Trust 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
For more financial information, click here
What is the mission statement of Rosarian Academy Charitable Trust?
The Rosarian Academy Charitable Trust's mission is centered around fundraising, with the primary objective of supporting Rosarian Academy, Inc., a non-profit organization. The mission of the trust is to raise funds for the benefit of this organization. The funds collected are utilized to support the activities and operations of Rosarian Academy, Inc., contributing to its overall growth and development. The trust serves as a vital source of financial support, ensuring the academy can continue its educational mission and provide opportunities for its students.
Who is the CEO of Rosarian Academy Charitable Trust?
John Fulton is the Chairman of Rosarian Academy Charitable Trust.
What is the revenue of Rosarian Academy Charitable Trust?
Rosarian Academy Charitable Trust's revenue in 2022 was $46,685.
Who are the executives of Rosarian Academy Charitable Trust and what are their salaries?
Here are 8 key members and their salaries:
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- Other: $0
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- Other: $0
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- Related: $157,755
- Other: $7,078
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- Compensation: $0
- Related: $50,168
- Other: $0
Where can I find the form 990 for Rosarian Academy Charitable Trust?
Rosarian Academy Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rosarian Academy Charitable Trust
The Rosarian Academy Charitable Trust, as its name suggests, is a charitable organization with a primary mission to fundraise. Its purpose is to support Rosarian Academy, Inc., a nonprofit entity. The Trust's objective is to raise funds for the benefit of this organization, aiming to contribute to its continued operations and initiatives. By engaging in various fundraising activities, the Rosarian Academy Charitable Trust works towards providing essential support to Rosarian Academy, Inc., ensuring its ability to serve its intended community and fulfill its mission.
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Impact
August, 2024
Rosarian Academy Charitable Trust's impact can be seen in its dedicated efforts to raise funds for the benefit of Rosarian Academy, Inc. The Trust plays a vital role in supporting the educational and developmental needs of the academy, ensuring that it can continue to provide high-quality education and resources to its students. Through its fundraising activities, the Trust helps to enhance the academic programs, facilities, and overall learning environment at Rosarian Academy. This support ultimately contributes to the growth and success of the students, empowering them to achieve their full potential in a nurturing and enriching educational setting.
This information is meant to be a general summary of Rosarian Academy Charitable Trust. 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: $34,685
- Gross Receipts: $46,685
Assets and Liabilities:
- Total Assets: $1,675,343
- Total Liabilities: $0
- Net Assets: $1,675,343
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Organization Details
Founding Year
1983
Phone
(561) 832-5131Principal Officer
John Fulton
Main Address
807 N FLAGLER DRIVE, WEST PALM BEACH, FL, 33401
NTEE Category
Code: X22I - Religion related
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