Overview
What is Rotary Club Of Cambria Foundation Inc?
The Rotary Club of Cambria Foundation Inc, located in Cambria, California, is a charitable organization that primarily supports various community-focused goals. It accomplishes this mission by distributing grants to other nonprofit organizations and local scholarship programs. Additionally, the foundation extends assistance to the local community by providing essential food and supplies for those in need. The Rotary Club of Cambria Foundation Inc is committed to contributing to the well-being of its community through charitable endeavors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Rotary Club of Cambria Foundation Inc has achieved a respectable 87% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This rating is based solely on their performance in the Accountability & Finance beacon, indicating that their financial practices are sound and transparent. The foundation has a fully independent board, which contributes positively to its governance structure.
Strengths noted in their evaluation include a flawless score in major governance areas such as the independence of board members and the absence of material diversion of assets. Additionally, they have robust policies in place for conflict of interest and document retention. Their financial health is underscored by a remarkable liabilities-to-assets ratio of 0.00%, showcasing financial stability.
On the program expense ratio front, the foundation allocates 82.39% of its expenses directly to its programs, which is indicative of effective use of donations. While the rating is strong, ongoing transparency and continued improvements in operational practices will further enhance their reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Rotary Club Of Cambria Foundation Inc legitimate?
Rotary Club Of Cambria Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Cambria Foundation 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:
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What is the mission statement of Rotary Club Of Cambria Foundation Inc?
The Rotary Club of Cambria Foundation Inc's primary purpose is to support various charitable goals within the community. The organization achieves this by distributing grants to other nonprofit organizations and local scholarship programs. In addition to financial aid, the foundation also provides food and supplies to support those in need. The foundation's mission is to contribute to the betterment of the community through its charitable endeavors, thereby promoting social welfare and community development.
Who is the CEO of Rotary Club Of Cambria Foundation Inc?
Linda Sherman is the President of Rotary Club Of Cambria Foundation Inc.
What is the revenue of Rotary Club Of Cambria Foundation Inc?
Rotary Club Of Cambria Foundation Inc's revenue in 2023 was $82,005.
Who are the executives of Rotary Club Of Cambria Foundation Inc and what are their salaries?
There 60 volunteers at Rotary Club Of Cambria Foundation Inc.
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Where can I find the form 990 for Rotary Club Of Cambria Foundation Inc?
Rotary Club Of Cambria Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Rotary Club Of Cambria Foundation Inc
The Rotary Club Of Cambria Foundation Inc is committed to supporting a variety of charitable objectives within its community. Its primary mission is to distribute grants to other nonprofit organizations and local scholarship programs. Beyond financial aid, the foundation also extends its assistance by providing food and supplies to the region's needy population. By doing so, the Rotary Club Of Cambria Foundation Inc plays a crucial role in addressing the community's welfare needs, making a significant impact in the lives of its residents.
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Impact
October, 2024
The Rotary Club of Cambria Foundation Inc significantly impacts the Cambria community by supporting various charitable goals. It focuses on distributing grants to local organizations and scholarship programs, directly benefiting community members in need. The foundation also addresses immediate community needs by providing food and essential supplies to those facing hardships. Through these efforts, it fosters a spirit of generosity and enhances the quality of life for residents in the area.
This information is meant to be a general summary of Rotary Club Of Cambria Foundation 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 2023.
- Investment Income: $18,801
- Gross Receipts: $222,523
Assets and Liabilities:
- Total Assets: $716,161
- Total Liabilities: $0
- Net Assets: $716,161
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Organization Details
Founding Year
1991
Phone
(805) 927-2591Principal Officer
Linda Sherman
Main Address
PO BOX 1648, CAMBRIA, CA, 93428
NTEE Category
Code: N32Z - Recreation
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