Overview
What is Rotary Club Of Marysville Foundation?
The Rotary Club Of Marysville Foundation is a charitable organization located in Marysville, California. With a postal address at PO Box 630, it primarily focuses on aiding charitable causes in the local area, often in collaboration with the Rotary Club of Marysville. Some of their notable projects include supporting Special Olympics, SayLove, Virginia School, Mini-Maker Faire, and youth baseball. Their mission is to contribute to various charitable endeavors in the Marysville community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star Rating
The Rotary Club of Marysville Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns in its accountability and finance practices. The overall score is based solely on the accountability and finance beacon, which is notably low at 50%. This rating highlights several deficiencies, including a complete lack of independent board members and missing key governance policies.
Strengths of the organization include an impressive program expense ratio of 94.09%, suggesting that a large majority of its expenditures are directed towards its programs rather than administrative costs. Additionally, the organization boasts a favorable liabilities to assets ratio of 0.00%, which indicates strong financial stability in terms of asset management. However, the absence of various governance documents and policies raises questions about transparency and management oversight.
Limitations are particularly evident in the areas of governance practices, with missing conflict of interest, whistleblower, and document retention policies, as well as no availability of board meeting minutes and tax forms on its website. These gaps in governance and accountability contribute to the low rating and suggest a need for improvement to build trust and transparency with stakeholders and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Rotary Club Of Marysville Foundation legitimate?
Rotary Club Of Marysville Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Marysville 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
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What is the mission statement of Rotary Club Of Marysville Foundation?
The Rotary Club Of Marysville Foundation's mission is centered around assisting in the support of charitable purposes. This support is typically aligned with the initiatives of the Rotary Club of Marysville. The foundation carries out its mission through various community service projects, including those for Special Olympics, SayLove, Virginia School, Mini-Maker Faire, and youth baseball. Their primary goal is to contribute to the betterment of their community by aiding in charitable causes.
Who is the CEO of Rotary Club Of Marysville Foundation?
Mike Cowley is the President of Rotary Club Of Marysville Foundation.
What is the revenue of Rotary Club Of Marysville Foundation?
Rotary Club Of Marysville Foundation's revenue in 2022 was $82,121.
Who are the executives of Rotary Club Of Marysville Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Rotary Club Of Marysville Foundation?
Rotary Club Of Marysville Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rotary Club Of Marysville Foundation
The Rotary Club Of Marysville Foundation is dedicated to aiding in the advancement of charitable causes within the Marysville, California area. Typically, the organization supports these initiatives in alignment with the Rotary Club of Marysville's values and objectives.
This philanthropic nonprofit actively participates in community service projects, focusing on various causes that positively impact the local community. Examples of such projects include supporting the Special Olympics, SAYLOVE, Virginia School, Mini-Maker Faire, and youth baseball. Through these initiatives, the Rotary Club Of Marysville Foundation contributes to the betterment of the community and fosters a sense of unity and support among its residents.
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Impact
October, 2024
The Rotary Club of Marysville Foundation significantly enhances the quality of life in the Marysville, California area through various charitable initiatives. By supporting community service projects, the foundation positively impacts local organizations and events, including the Special Olympics, SayLove, Virginia School, Mini-Maker Faire, and youth baseball programs. These efforts foster inclusivity, education, and recreational opportunities, promoting community cohesion and development. The foundation’s commitment to charitable purposes directly contributes to enhancing resources and support for the community, making it a vital force for positive change in Marysville.
This information is meant to be a general summary of Rotary Club Of Marysville 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 2022.
- Investment Income: $27,593
- Gross Receipts: $149,028
Assets and Liabilities:
- Total Assets: $622,873
- Total Liabilities: $0
- Net Assets: $622,873
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Organization Details
Founding Year
1984
Phone
(530) 673-8102Principal Officer
Mike Cowley
Main Address
PO BOX 630, MARYSVILLE, CA, 95901
NTEE Category
Code: S80 - Community improvement
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