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North Central Rotary Club Charity Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742877373 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is North Central Rotary Club Charity Fund Inc?

North Central Rotary Club Charity Fund Inc is a charitable nonprofit organization situated in San Antonio, Texas. With a specific focus on the local community, they dedicate their efforts to providing support and scholarships to deserving students, schools, and community organizations. By offering these resources, they aim to contribute positively to the well-being and development of their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

The North Central Rotary Club Charity Fund Inc has achieved an impressive 94% rating, which signifies strong accountability and financial health. The charity has received a Four-Star rating, reflecting its commitment to high standards in financial management, with a full score in several key areas, including independent board member governance and absence of asset diversion.

Strengths of the organization include its fully independent board, which consists of eight members, and a high program expense ratio of 97.13%. This indicates that a significant majority of its funds are directed towards fulfilling its charitable mission rather than administrative costs. The presence of comprehensive policies such as conflict of interest and whistleblower protections further showcases the organization's dedication to transparency and ethical governance.

While the data reflects a robust operational framework, the focus on financial accountability means that potential donors may want to consider other qualitative aspects of the charity's impact and effectiveness. Overall, the North Central Rotary Club Charity Fund Inc stands out as a financially sound nonprofit with a solid structure in place to support its charitable objectives.


This AI summary has been generated from information found on Charity Navigator.

Is North Central Rotary Club Charity Fund Inc legitimate?

North Central Rotary Club Charity Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Central Rotary Club Charity Fund 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

For more financial information, click here

What is the mission statement of North Central Rotary Club Charity Fund Inc?

The North Central Rotary Club Charity Fund Inc is committed to providing charitable support and scholarships to local students, schools, and community organizations. Their mission is to contribute positively to the community by offering financial aid and resources. The organization's activities primarily focus on providing assistance to local charitable organizations, thereby contributing to the overall well-being of the community. They strive to make a difference in the lives of students and community members through their philanthropic efforts.

Who is the CEO of North Central Rotary Club Charity Fund Inc?

Ladd Roberts is the Treasurer of North Central Rotary Club Charity Fund Inc.

What is the revenue of North Central Rotary Club Charity Fund Inc?

North Central Rotary Club Charity Fund Inc's revenue in 2022 was $75,135.

Who are the executives of North Central Rotary Club Charity Fund Inc and what are their salaries?


Here are 8 key members and their salaries:


Fernando Banchs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Chance (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Efrain Gonzalez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Heinemeier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Lawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rigsby (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arden Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ladd Roberts (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for North Central Rotary Club Charity Fund Inc?

North Central Rotary Club Charity Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of North Central Rotary Club Charity Fund Inc

North Central Rotary Club Charity Fund Inc is dedicated to offering charitable support and scholarships to local students, schools, and community organizations. The organization's mission is multifaceted, aiming to provide assistance to various sectors within the community. By offering charitable support, North Central Rotary Club Charity Fund Inc seeks to empower and uplift the community it serves, ensuring that local organizations have the resources they need to thrive and make a positive impact. Furthermore, the charity fund provides scholarships to deserving students, thereby investing in the future leaders of the community. By nurturing the education and development of young individuals, North Central Rotary Club Charity Fund Inc is instrumental in fostering a strong and vibrant community.

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Impact




August, 2024

North Central Rotary Club Charity Fund Inc's impact is significant in providing charitable support and scholarships to local students, schools, and community organizations in San Antonio, TX. Their mission to support the local community through philanthropy shows a commitment to improving the lives of individuals and organizations in need. Through their efforts, they are making a positive difference in education and community development, ultimately contributing to the betterment of society as a whole.




This information is meant to be a general summary of North Central Rotary Club Charity Fund 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.

Revenue
$75,135 (2022)
Expenses
$108,675 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $33
  • Gross Receipts: $1,379,205

Assets and Liabilities:

  • Total Assets: $40,433
  • Total Liabilities: $0
  • Net Assets: $40,433

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Organization Details

Principal Officer

Ladd Roberts

Main Address

3239-1 RUSTIC OAK, SAN ANTONIO, TX, 78261

NTEE Category

Code: T30Z - Philanthropy

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