Overview
What is Bobby Bonds Memorial Foundation?
The Bobby Bonds Memorial Foundation, located in Conshohocken, Pennsylvania, is a nonprofit organization. Its primary mission is to assist individuals struggling with addiction, providing them with the necessary support to transition from active addiction to long-term recovery. The organization extends its help to addicts, their families, and at-risk families, offering various forms of assistance. In 2022, the foundation showed its commitment by offering financial aid to numerous families in crisis and other charities that perform comparable services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
The Bobby Bonds Memorial Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The overall score is derived solely from a high accountability and finance score of 91%. This rating highlights the organization's effectiveness in managing its resources and maintaining transparency.
The foundation excels in several key areas, including having a fully independent board, which scored a perfect 10 out of 10. Additionally, it has no material diversion of assets, indicating strong financial integrity. Policies regarding conflicts of interest, whistleblowing, and document retention are all established and well-documented, further demonstrating the foundation's commitment to ethical practices.
Despite these strengths, there are no noted limitations in the data. The organization's program expense ratio of 88.27% suggests that a significant portion of its funds directly supports its mission, reinforcing its positive financial management. Overall, the Bobby Bonds Memorial Foundation appears to be a trustworthy and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Bobby Bonds Memorial Foundation legitimate?
Bobby Bonds Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bobby Bonds Memorial 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.
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What is the mission statement of Bobby Bonds Memorial Foundation?
The Bobby Bonds Memorial Foundation's mission is centered around assisting individuals struggling with addiction in their journey towards long-term recovery. The organization offers support to addicts, their families, and at-risk families, aiming to help them transition from active addiction to a more stable life. In 2022, the foundation provided financial aid to several families in crisis and supported other charities performing similar services.
Who is the CEO of Bobby Bonds Memorial Foundation?
Ronna Bonds is the Founder of Bobby Bonds Memorial Foundation.
What is the revenue of Bobby Bonds Memorial Foundation?
Bobby Bonds Memorial Foundation's revenue in 2022 was $75,315.
Who are the executives of Bobby Bonds Memorial Foundation and what are their salaries?
There 21 volunteers at Bobby Bonds Memorial Foundation.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Bobby Bonds Memorial Foundation?
Bobby Bonds Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bobby Bonds Memorial Foundation
The Bobby Bonds Memorial Foundation is an organization dedicated to assisting individuals struggling with addiction, aiming to guide them from a life of active addiction towards long-term recovery. This charitable entity offers a range of support services not only to addicts but also to their families and those at risk.
In pursuit of its mission, the Foundation offers financial aid to families in crisis and extends support to other charities performing similar services. Established with the intention of making a significant impact, the Bobby Bonds Memorial Foundation is committed to helping addicts and their families overcome the challenges of addiction and lead fulfilling, substance-free lives.
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Impact
June, 2024
The Bobby Bonds Memorial Foundation has made a significant impact on the lives of addicts, family members, and at-risk families by providing various forms of support to help individuals transition from active addiction to long-term recovery. In 2022 alone, the foundation offered financial assistance to numerous families in crisis and supported other charities with similar missions. Through its dedicated efforts in Conshohocken, PA, the foundation continues to address the critical needs of those struggling with addiction and mental health challenges, fostering hope and transformation within the community.
This information is meant to be a general summary of Bobby Bonds Memorial 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.
- Gross Receipts: $116,422
Assets and Liabilities:
- Total Assets: $92,948
- Total Liabilities: $0
- Net Assets: $92,948
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Organization Details
Founding Year
2016
Principal Officer
Ronna Bonds
Main Address
362 East Hector Street, Conshohocken, PA, 19428
NTEE Category
Code: F12 - Mental health
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