Overview
What is Kid Rock Foundation?
The Kid Rock Foundation is a nonprofit organization committed to making a positive impact in the lives of children and veterans. Their mission encompasses providing support to charities that cater to these two groups, as well as fostering music education and performance. They achieve this by offering scholarships, which serves as a motivational tool for individuals pursuing their passion in music. The foundation's purpose extends beyond financial aid, also encouraging music education and performance, thereby offering opportunities for growth and development in the field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The Kid Rock Foundation has received a solid rating of 84%, which reflects strong performance in accountability and finance. The rating is based entirely on financial metrics, showcasing the foundation's commitment to transparency and responsible management of funds. The organization boasts a fully independent board, with 66% of its members meeting this standard, and shows no material diversion of assets, indicating a well-managed operation.
The foundation's financials are particularly impressive, with a program expense ratio of 99.53%, meaning that almost all funds are directed towards its programs. Additionally, the Kid Rock Foundation has implemented essential policies such as conflict of interest, whistleblower protections, and document retention, which are crucial for governance and accountability.
While the foundation excels in accountability measures, further details regarding its specific programs and impact could provide a more comprehensive view of its effectiveness in fulfilling its mission. Overall, the Kid Rock Foundation demonstrates a strong commitment to financial responsibility and ethical governance.
This AI summary has been generated from information found on Charity Navigator.
Is Kid Rock Foundation legitimate?
Kid Rock Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kid Rock 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
What is the mission statement of Kid Rock Foundation?
The Kid Rock Foundation's mission is centered around supporting children's and veterans' charities, and promoting music education and performance. They achieve this objective by providing scholarships to encourage musical learning and performance. The foundation's activities strive to make a positive impact in these areas, thereby contributing to the broader community.
Who is the CEO of Kid Rock Foundation?
Carol Ritchie is the Director/President of Kid Rock Foundation.
What is the revenue of Kid Rock Foundation?
Kid Rock Foundation's revenue in 2022 was $13,883.
Who are the executives of Kid Rock Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kid Rock Foundation?
Kid Rock Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kid Rock Foundation
The Kid Rock Foundation, as outlined in its mission, is dedicated to providing aid to children's and veterans' charities, while simultaneously fostering an interest and promoting the education and performance of music. This nonprofit organization achieves its objectives by offering scholarships, serving as a catalyst for young musicians to hone their skills and make a positive impact. By supporting these charities and encouraging music education, the Kid Rock Foundation aims to contribute to the betterment of various communities and individuals in need.
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Impact
August, 2024
The Kid Rock Foundation makes a significant impact by supporting children's and veterans' charities, as well as encouraging music education and performance through scholarships. Their efforts directly benefit those in need and contribute to the enrichment of young lives and the support of our nation's veterans. By focusing on these important causes, the Kid Rock Foundation is able to make a meaningful difference in the lives of many individuals and communities.
This information is meant to be a general summary of Kid Rock 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $72
- Gross Receipts: $13,883
Assets and Liabilities:
- Total Assets: $54,347
- Total Liabilities: $0
- Net Assets: $54,347
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Organization Details
Founding Year
2008
Phone
(615) 242-8880Principal Officer
Carol Ritchie
Main Address
PO BOX 3876, TEQUESTA, FL, 33469
NTEE Category
Code: B82 - Education
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