Overview
What is Dtc Shares Foundation?
Dtc Shares Foundation is a public charity, established to aid real estate broker associates and their families in times of crisis or emergencies. The challenges they face may be insurmountable without external assistance. Beyond supporting its primary clientele, Dtc Shares Foundation also extends its charitable efforts to other nonprofit organizations by making contributions. Their primary mission is to provide assistance to real estate brokers and their families during difficult circumstances.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
The Dtc Shares Foundation has received an 85% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization boasts a high percentage of independent board members and has effectively implemented key governance policies, showcasing a commitment to transparency and ethical management practices.
Strengths include a perfect score in areas such as having no material diversion of assets and a strong conflict of interest policy. Additionally, the foundation maintains a very low liabilities to assets ratio, reflecting strong financial stability. However, its program expense ratio of 62.44% suggests that while the foundation is utilizing a significant portion of its funds for programs, there is still room for improvement in maximizing program expenses relative to total expenses.
Overall, while the Dtc Shares Foundation demonstrates considerable strengths in governance and financial accountability, it could enhance its impact by focusing on increasing the proportion of expenses directed towards its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Dtc Shares Foundation legitimate?
Dtc Shares Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dtc Shares 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 Dtc Shares Foundation?
The Dtc Shares Foundation's mission is to provide support to real estate brokers and their families during emergency situations. This public charity aims to assist these individuals in overcoming challenging times that they cannot navigate on their own. The foundation offers aid during hardships, ensuring that real estate broker associates and their families can navigate through their emergencies with some external assistance. Furthermore, the Dtc Shares Foundation also extends its charitable support to other non-profit entities through contributions.
What is the revenue of Dtc Shares Foundation?
Dtc Shares Foundation's revenue in 2024 was $23,990.
Who are the executives of Dtc Shares Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Dtc Shares Foundation?
Dtc Shares Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Dtc Shares Foundation
Dtc Shares Foundation, a public charity, is dedicated to providing assistance to real estate broker associates and their families during times of emergency. The organization recognizes that certain hardships can arise, making it challenging for these individuals to overcome these situations without external aid. Dtc Shares Foundation serves as a charitable entity, extending a helping hand to real estate professionals in their moments of need. Beyond supporting real estate brokers, the foundation also extends its generosity to other nonprofit entities through charitable contributions.
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Impact
August, 2024
Dtc Shares Foundation plays a crucial role in supporting real estate broker associates and their families during emergency situations. They provide much-needed assistance to individuals facing hardships that are difficult to overcome without outside help. By offering charitable contributions and support, Dtc Shares Foundation serves as a lifeline for those in the real estate industry experiencing challenging circumstances. Their impact is evident in the relief and stability they bring to brokers and their families during times of crisis.
This information is meant to be a general summary of Dtc Shares 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 2024.
- Investment Income: $277
- Gross Receipts: $95,730
Assets and Liabilities:
- Total Assets: $108,798
- Total Liabilities: $0
- Net Assets: $108,798
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Organization Details
Founding Year
2016
Principal Officer
Shirley Jenkins
NTEE Category
Code: T50 - Philanthropy
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