Overview
What is Noroc Inc?
Noroc Inc is a nonprofit organization situated in Abilene, Texas, with an address at 200 Hedges Drive. Their primary focus is to provide financial aid to Romanian missionaries, enabling them to support the care of Romanian orphans. In addition to this, Noroc Inc has initiated a new program aimed at providing humanitarian relief to Ukrainian refugees who have sought refuge in Romanian orphanages. The organization's mission is to contribute to the well-being of these vulnerable populations, offering aid and support when needed.
Official website here: www.noroc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating
Noroc Inc has achieved an impressive score of 97%, reflecting a strong commitment to accountability and finance. This rating highlights the charity's effectiveness in managing its resources, with an outstanding program expense ratio of 98.70%. Such a high percentage indicates that the majority of its expenditures are directed towards its programs, ensuring that funds are used effectively to support its mission.
The organization excels in governance practices, as evidenced by its fully independent board of directors, which consists of eight members. All members are independent, receiving a perfect score in this category. Furthermore, Noroc Inc has implemented comprehensive policies, including conflict of interest and whistleblower policies, reinforcing its ethical standards and transparency in operations.
While the data does not indicate any significant limitations, it is essential to continue monitoring the charity's performance and governance practices. Overall, Noroc Inc demonstrates robust financial health and accountability, making it a reputable choice for donors looking to support effective nonprofit initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Noroc Inc legitimate?
Noroc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Noroc 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.
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Official website here: www.noroc.org
What is the mission statement of Noroc Inc?
Noroc Inc, through its mission, focuses on providing care for Romanian orphans and extends its aid to Ukrainian refugees who have sought refuge in Romania. This humanitarian relief is carried out at an orphanage, where the organization has initiated a program specifically for these purposes. Funding is procured to support Romanian missionaries, enabling them to provide essential care for the Romanian orphans under their charge.
Official website here: www.noroc.org
Who is the CEO of Noroc Inc?
Dr Fred White is the Director of Noroc Inc.
Official website here: www.noroc.org
What is the revenue of Noroc Inc?
Noroc Inc's revenue in 2022 was $499,489.
Official website here: www.noroc.org
Who are the executives of Noroc Inc and what are their salaries?
There 4 volunteers at Noroc Inc.
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Official website here: www.noroc.org
Where can I find the form 990 for Noroc Inc?
Noroc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.noroc.org
Learn more at the official website: www.noroc.org
Mission Statement of Noroc Inc
Noroc Inc, a nonprofit organization, is dedicated to providing care for Romanian orphans and has recently expanded its mission to include offering aid to Ukrainian refugees who have sought refuge in Romania. This humanitarian relief effort is carried out at Noroc's orphanage. The organization funds its operations by providing financial assistance to Romanian missionaries, ensuring the proper care and well-being of the orphans in their charge. Noroc Inc's mission is to offer a supportive environment and necessary resources for these vulnerable children, striving to make a positive impact on their lives.
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Impact
July, 2024
Noroc Inc has made a significant impact on Romanian orphans and Ukrainian refugees in Romania. The organization provides funding to Romanian missionaries to support the care of Romanian orphans as well as a new program for Ukrainian refugees who have arrived at the orphanage seeking humanitarian relief. Through its dedicated efforts, Noroc Inc has played a crucial role in improving the lives of these vulnerable populations, offering essential support and assistance in their time of need. The organization's work demonstrates a commitment to providing human services and making a positive difference in the lives of those facing difficult circumstances.
This information is meant to be a general summary of Noroc 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.
- Investment Income: $1,511
- Gross Receipts: $499,489
Assets and Liabilities:
- Total Assets: $546,300
- Total Liabilities: $0
- Net Assets: $546,300
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Organization Details
Founding Year
1997
Phone
(325) 692-0284Principal Officer
Dr Fred White
Main Address
200 HEDGES DR, ABILENE, TX, 79605
Website
www.noroc.orgNTEE Category
Code: P80 - Human services
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