Overview
What is Reach For The Stars Development Center?
The Reach For The Stars Development Center is a nonprofit organization situated in Philadelphia, Pennsylvania, with a postal address at 6546 N 5th Street. Their primary focus is on community advancement, which they achieve through the intersection of social economics and performing arts. With a dedicated workforce of six individuals, they strive to make a significant impact in their local area. Their mission involves using the power of performing arts and social economics to foster growth and improvement in the community.
Official website here: www.rftsfoodprogram.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Reach For The Stars Development Center has achieved an overall score of 88%, reflecting a strong performance in accountability and finance. The organization demonstrates a commitment to transparency and sound financial practices, with 100% of its board members being independent. This high level of oversight is critical for maintaining trust with stakeholders and ensuring effective governance.
The financial health of the organization is notable, with a program expense ratio of 83.96%, indicating that a significant majority of its funds are directed towards its mission. Additionally, the charity has successfully maintained a low liabilities to assets ratio of 47.18%, suggesting a solid financial footing. However, there are some areas for improvement, particularly regarding the absence of conflict of interest and whistleblower policies, which could enhance its governance framework further.
Overall, while Reach For The Stars Development Center demonstrates strong accountability and effective financial management, it may benefit from addressing the noted gaps in its governance policies. The organization's dedication to its mission is evident, and with continued improvements in oversight practices, it could strengthen its impact even further.
This AI summary has been generated from information found on Charity Navigator.
Is Reach For The Stars Development Center legitimate?
Reach For The Stars Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reach For The Stars Development Center 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: $139,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $248,965
For more financial information, click here
Official website here: www.rftsfoodprogram.com
What is the mission statement of Reach For The Stars Development Center?
The Reach For The Stars Development Center's mission is centered around fostering community advancement through the combined power of social economics and performing arts. This organization works diligently to promote progress within communities by integrating these two elements. Their activities and operations are geared towards achieving this mission, ultimately contributing to the betterment of their communities.
Official website here: www.rftsfoodprogram.com
Who is the CEO of Reach For The Stars Development Center?
Adrienne Cater is the Director of Reach For The Stars Development Center.
Official website here: www.rftsfoodprogram.com
What is the revenue of Reach For The Stars Development Center?
Reach For The Stars Development Center's revenue in 2022 was $1,339,713.
Official website here: www.rftsfoodprogram.com
Who are the executives of Reach For The Stars Development Center and what are their salaries?
The average compensation at Reach For The Stars Development Center during 2022 was $64,682. There are 6 employees at Reach For The Stars Development Center.
Here are 4 key members and their salaries:
- Compensation: $139,125
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rftsfoodprogram.com
Where can I find the form 990 for Reach For The Stars Development Center?
Reach For The Stars Development Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rftsfoodprogram.com
Learn more at the official website: www.rftsfoodprogram.com
Mission Statement of Reach For The Stars Development Center
Reach for the Stars Development Center, a nonprofit organization, is dedicated to fostering community progress through two primary avenues: social economics and performing arts. Their mission is to create a significant impact on the community by leveraging the power of these two domains. By engaging in social economics, they aim to contribute to the betterment of the community, while the performing arts serve as a means to engage, inspire, and unite individuals within the community. This multifaceted approach allows Reach for the Stars Development Center to make a substantial contribution to community advancement.
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Impact
July, 2024
Reach For The Stars Development Center has made a significant impact on the Philadelphia community by creating opportunities for advancement through social economics and performing arts. Through its innovative programs and initiatives, the organization has successfully contributed to the social and economic development of the local community, helping individuals reach their full potential and fostering a sense of unity and empowerment.
This information is meant to be a general summary of Reach For The Stars Development Center. 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.
- Gross Receipts: $1,339,713
Assets and Liabilities:
- Total Assets: $506,257
- Total Liabilities: $238,888
- Net Assets: $267,369
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Organization Details
Founding Year
2016
Phone
(267) 317-5135Principal Officer
Adrienne Cater
Main Address
6546 N 5th Street, Philadelphia, PA, 19126
Website
www.rftsfoodprogram.comNTEE Category
Code: S20 - Community improvement
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