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Common Fire Foundation

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

EIN: 770573721 ✦ Beacon, NY ✦ Designated as a 501(c)(3)

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Overview

What is Common Fire Foundation?

Common Fire Foundation is a nonprofit organization situated in Beacon, New York. With a focus on environmental sustainability and social justice, the organization operates a housing cooperative, providing a home for individuals who share this commitment. The foundation's mission is to foster a diverse and potent movement that advocates for environmental sustainability and social justice, working towards the betterment of society as a whole.


Official website here: www.commonfire.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star Rating

Common Fire Foundation has received a strong rating of 97% from Charity Navigator, reflecting its exceptional performance in accountability and finance. The organization has a Four-Star rating, which signifies transparency and effective management practices. The overall score is based entirely on its accountability and financial metrics, showcasing a commitment to maintaining high operational standards.

One of the key strengths of Common Fire Foundation is its governance structure, featuring a board composed entirely of independent members, which is indicative of a robust ethical framework. The organization also demonstrates exemplary financial practices, with a program expense ratio of 96.88%, meaning that nearly all funds are directed toward its charitable activities. Additionally, the foundation has no reported material diversion of assets, further enhancing its credibility.

While the rating highlights numerous strengths, it is important to note that the evaluation is grounded solely in financial accountability metrics without additional dimensions of operational effectiveness being assessed. However, the strong scores across all accountability benchmarks suggest that Common Fire Foundation is a well-managed organization committed to its mission and maintaining high standards of integrity.


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

Is Common Fire Foundation legitimate?

Common Fire Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Common Fire Foundation 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.commonfire.org

What is the mission statement of Common Fire Foundation?

The Common Fire Foundation's mission is to establish a strong and diverse movement dedicated to promoting environmental sustainability and social justice. By fostering a sense of commitment among its members, the foundation aims to create a powerful force that advocates for these causes. This mission is reflected in their operations, such as managing a housing cooperative in Beacon, NY, for individuals who share these values. The foundation's activities are focused on fostering a community of like-minded individuals, working together towards a more sustainable and equitable future.


Official website here: www.commonfire.org

Who is the CEO of Common Fire Foundation?

Sean Ritchey is the President of Common Fire Foundation.


Official website here: www.commonfire.org

What is the revenue of Common Fire Foundation?

Common Fire Foundation's revenue in 2022 was $61,925.


Official website here: www.commonfire.org

Who are the executives of Common Fire Foundation and what are their salaries?


Here are 4 key members and their salaries:


Sean Ritchey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Autumn Brown (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Kavitha Rao (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Thorne (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.commonfire.org

Where can I find the form 990 for Common Fire Foundation?

Common Fire Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.commonfire.org

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

Mission Statement of Common Fire Foundation

Common Fire Foundation is dedicated to fostering a diverse and influential movement of individuals who are passionate about environmental sustainability and social justice. Their primary goal is to establish a strong and diverse coalition committed to these causes. This mission is carried out through various means, with the foundation focusing on building this powerful movement. By doing so, Common Fire Foundation aims to contribute significantly to the advancement of environmental sustainability and social justice issues on a broader scale.

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Impact




August, 2024

Common Fire Foundation has made a significant impact by creating a community of individuals dedicated to environmental sustainability and social justice in Beacon, NY. Their housing co-op provides a space for like-minded people to live and work together towards a common goal. Through their mission of building a powerful and diverse movement, Common Fire Foundation is fostering a network of individuals working towards a more sustainable and just future.




This information is meant to be a general summary of Common Fire Foundation. 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
$61,925 (2022)
Expenses
$60,373 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29
  • Program Service Revenue: $53,896
  • Gross Receipts: $61,925

Assets and Liabilities:

  • Total Assets: $566,384
  • Total Liabilities: $293,984
  • Net Assets: $272,400

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Organization Details

Founding Year

2001

Principal Officer

Sean Ritchey

Main Address

67 Verplanck 4, Beacon, NY, 12508

NTEE Category

Code: W70 - Public benefit

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