Overview
What is Charity Runs Inc?
Charity Runs Inc is a nonprofit organization situated in Natchitoches, Louisiana, specifically at 165 Ann Street. Their primary objective is to collect funds for distribution to various non-profit organizations and individuals in need within the local community. Through their activities, they are able to provide financial aid to these entities, thereby contributing positively to the community's well-being. The organization's mission is grounded in the belief that collective efforts can significantly impact the lives of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
Charity Runs Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding accountability and financial practices. With an overall score of 50%, the organization lacks independent board members and has several missing policies and documents that are essential for transparency and good governance. This raises questions about the effectiveness of its oversight and operational integrity.
Despite the weaknesses in governance, Charity Runs Inc has demonstrated a commendable program expense ratio of 86.73%, suggesting that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, it has a low liabilities to assets ratio of 3.10%, reflecting a stable financial position. However, the absence of key policies and documentation significantly undermines its accountability.
Overall, while the organization seems to effectively allocate funds towards its mission, the lack of independent oversight and required governance policies poses serious concerns. Potential donors and stakeholders may want to consider these factors carefully before contributing or engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Charity Runs Inc legitimate?
Charity Runs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charity Runs 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Charity Runs Inc?
Charity Runs Inc, as an organization, is committed to raising funds with the primary goal of distributing them to various non-profit entities and individuals in need within the local community. The mission of Charity Runs Inc is twofold: firstly, to gather financial resources, and secondly, to disperse these funds to deserving recipients who are striving to make a positive impact in their respective fields. Through its initiatives, Charity Runs Inc has successfully managed to bestow donations upon numerous local non-profit organizations and individuals in need, thereby contributing to the betterment of their communities.
Who is the CEO of Charity Runs Inc?
Michelle Longlois is the President of Charity Runs Inc.
What is the revenue of Charity Runs Inc?
Charity Runs Inc's revenue in 2022 was $53,034.
Who are the executives of Charity Runs Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Charity Runs Inc?
Charity Runs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Charity Runs Inc
Charity Runs Inc, as the name suggests, is an organization dedicated to raising funds with the purpose of distributing them to various non-profit entities and individuals in need within their local community. Their mission is centered around the idea of financial aid, aiming to make a positive impact on numerous organizations and people who may be financially disadvantaged. The organization has successfully carried out this mission by granting donations to several worthy recipients within their local area.
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Impact
August, 2024
Charity Runs Inc plays a significant role in supporting other non-profit organizations and individuals in need within the local area by raising funds for them. The organization has successfully awarded donations to various non-profit organizations and individuals facing challenges in NATCHITOCHES, LA. Through their philanthropic efforts, Charity Runs Inc is making a positive impact on the community by providing financial support to those who need it the most.
This information is meant to be a general summary of Charity Runs 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 2022.
- Gross Receipts: $204,074
Assets and Liabilities:
- Total Assets: $55,648
- Total Liabilities: $1,730
- Net Assets: $53,918
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Organization Details
Founding Year
2000
Phone
(318) 356-8570Principal Officer
Michelle Longlois
Main Address
165 Ann Street, Natchitoches, LA, 71457
NTEE Category
Code: T12 - Philanthropy
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