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Ronald Mcdonald House Charities Of Greater North Texas Inc

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

EIN: 752238261 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Ronald Mcdonald House Charities Of Greater North Texas Inc?

Ronald Mcdonald House Charities Of Greater North Texas Inc is a nonprofit organization that focuses on providing assistance by granting funds to other charitable organizations. Their primary mission is to contribute financially to the work of various nonprofits, aiming to make a positive impact in their respective fields. The exact location or employee count was not provided in the information, but we know that their mission is to support other nonprofit organizations through grant funding.


Official website here: www.rmhcntx.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)

Ronald McDonald House Charities of Greater North Texas Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various accountability and finance metrics. The organization scored 61% overall, highlighting areas where compliance with best practices could be enhanced, particularly in governance and transparency.

The charity demonstrates strengths in its program expense ratio, with an impressive 95.28%, indicating a strong commitment to its core mission of supporting families with ill children. However, it does face significant challenges in areas such as independent board member representation, with only 47% being independent, and a lack of essential governance policies, including conflict of interest and whistleblower policies.

Moreover, the absence of financial statements and tax forms on the nonprofit's website raises concerns about transparency and accountability to donors. While the organization has shown effective management of its assets, it must address these governance shortcomings to build trust and ensure sustained support from the community.


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

Is Ronald Mcdonald House Charities Of Greater North Texas Inc legitimate?

Ronald Mcdonald House Charities Of Greater North Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ronald Mcdonald House Charities Of Greater North Texas 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


Official website here: www.rmhcntx.org

What is the mission statement of Ronald Mcdonald House Charities Of Greater North Texas Inc?

Ronald Mcdonald House Charities Of Greater North Texas Inc's mission is centered around providing financial assistance to various nonprofit organizations. Their primary objective is to distribute grants to these organizations, aiming to support their initiatives and contribute to their overall missions. By doing so, the charity seeks to make a positive impact on various communities and individuals in need. The grants provided by Ronald Mcdonald House Charities Of Greater North Texas Inc help these nonprofit organizations to continue their work, ensuring they can continue to provide essential services and support to those who require it. The charity's mission is driven by a commitment to making a difference in the lives of people across various sectors, through the strategic allocation of its resources.


Official website here: www.rmhcntx.org

Who is the CEO of Ronald Mcdonald House Charities Of Greater North Texas Inc?

Clifton Johnson is the Chairman of Ronald Mcdonald House Charities Of Greater North Texas Inc.


Official website here: www.rmhcntx.org

What is the revenue of Ronald Mcdonald House Charities Of Greater North Texas Inc?

Ronald Mcdonald House Charities Of Greater North Texas Inc's revenue in 2021 was $1,433,014.


Official website here: www.rmhcntx.org

Who are the executives of Ronald Mcdonald House Charities Of Greater North Texas Inc and what are their salaries?


Here are 6 key members and their salaries:


Clifton Johnson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Grissett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Ingram (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Durovich (Asst Secreta)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Dugan (Asst Treasur)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Floyd (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rmhcntx.org

Where can I find the form 990 for Ronald Mcdonald House Charities Of Greater North Texas Inc?

Ronald Mcdonald House Charities Of Greater North Texas Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.rmhcntx.org

Learn more at the official website: www.rmhcntx.org

Mission Statement of Ronald Mcdonald House Charities Of Greater North Texas Inc

Ronald McDonald House Charities of Greater North Texas Inc is a philanthropic organization that dedicates its mission to providing financial assistance to other nonprofit entities. By offering grants, this charity aims to support the noble causes and initiatives of various organizations within the nonprofit sector. Through its grant-making activities, Ronald McDonald House Charities of Greater North Texas Inc contributes to the betterment of communities and the welfare of individuals in need, furthering its commitment to making a positive impact on society.

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Impact




July, 2024

Ronald McDonald House Charities of Greater North Texas Inc's impact lies in providing crucial grants to other nonprofit organizations. By doing so, they offer vital support to various causes and communities, ultimately fostering positive change and making a meaningful difference in the lives of those in need. Their philanthropic efforts help strengthen the nonprofit sector, enabling organizations to better serve their respective communities and fulfill their missions. Through their grants, Ronald McDonald House Charities of Greater North Texas Inc plays a key role in driving social impact and creating a ripple effect of goodwill and assistance.




This information is meant to be a general summary of Ronald Mcdonald House Charities Of Greater North Texas 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
$1,433,014 (2021)
Expenses
$909,216 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $53,365
  • Gross Receipts: $1,433,014

Assets and Liabilities:

  • Total Assets: $2,026,782
  • Total Liabilities: $144,719
  • Net Assets: $1,882,063

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Organization Details

Founding Year

1988

Principal Officer

Clifton Johnson

Main Address

400 SOUTH ZANG BLVD STE 620, DALLAS, TX, 75208

NTEE Category

Code: T70Z - Philanthropy

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