Overview
What is Covington Scottish Rite Foundation?
The Covington Scottish Rite Foundation is a charitable organization situated in northern Kentucky. Their primary objective is to aid disadvantaged children within the community. Through various programs, they offer essential support to those in need, demonstrating their commitment to making a positive impact on local lives. The foundation's mission revolves around providing assistance to disadvantaged children, working tirelessly to uplift the lives of those most in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Stars
The Covington Scottish Rite Foundation has received a rating of 73%, which translates to a Two-Star rating. This score indicates that while the organization has some strengths in governance and financial management, there are significant areas that require improvement. Notably, the organization boasts a fully independent board with no material diversion of assets, which reflects positively on its governance structure.
However, the foundation has been marked down due to missing key policies, including a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. Additionally, while the program expense ratio is commendable at 83.92%, the absence of the tax form on the nonprofit's website raises transparency concerns. This combination of strengths and weaknesses suggests that while the foundation is on solid financial ground, it needs to enhance its accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is Covington Scottish Rite Foundation legitimate?
Covington Scottish Rite Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covington Scottish Rite Foundation 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 Covington Scottish Rite Foundation?
The Covington Scottish Rite Foundation serves a mission of assisting disadvantaged children in the community. This organization provides aid through various programs, focusing on supporting those in need the most. The foundation's activities are centered around offering assistance in northern Kentucky. Their goal is to contribute positively to the lives of these children, ensuring they receive the help they require.
What is the revenue of Covington Scottish Rite Foundation?
Covington Scottish Rite Foundation's revenue in 2023 was $75,754.
Who are the executives of Covington Scottish Rite Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Covington Scottish Rite Foundation?
Covington Scottish Rite Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Covington Scottish Rite Foundation
The Covington Scottish Rite Foundation, a nonprofit organization, is dedicated to providing aid to disadvantaged children in the community. Its mission is to extend a helping hand to those in need, focusing on delivering essential support services. The foundation's programs are designed to cater to children who are most in need of assistance, working tirelessly to make a positive impact in their lives.
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Impact
August, 2024
The Covington Scottish Rite Foundation's impact is centered on assisting disadvantaged children in northern Kentucky through community services. By providing support to those who need it most, the foundation aims to improve the lives of these children and help them overcome obstacles they face. Through its educational programs and initiatives, the foundation contributes to enhancing opportunities for these children and making a positive difference in their lives.
This information is meant to be a general summary of Covington Scottish Rite Foundation. 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: $42,488
- Gross Receipts: $75,754
Assets and Liabilities:
- Total Assets: $1,296,049
- Total Liabilities: $0
- Net Assets: $1,296,049
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Organization Details
Principal Officer
David Knock
NTEE Category
Code: B00 - Education
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