Overview
What is Running Elements Foundation Inc?
Running Elements Foundation Inc, situated in New Smyrna Beach, Florida, is a nonprofit organization dedicated to encouraging an active lifestyle within the community. They achieve this goal by organizing events, delivering relevant education, and forming collaborative partnerships. The foundation's primary objective is to create ample opportunities for community members to lead an active life, thereby enhancing their overall well-being.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 66%)
The Running Elements Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its operations and governance. The overall score of 66% reflects strengths in areas such as having a majority of independent board members and a solid liabilities to assets ratio. However, the organization struggles with several key accountability measures, leading to a lower overall rating.
Notably, while the foundation has effectively maintained a conflict of interest policy, it lacks important governance frameworks, such as a whistleblower policy and a document retention policy. These shortcomings raise concerns about transparency and the potential for mismanagement. Additionally, the foundation did not post its tax form on its website, which is a vital component for public accountability.
The foundation demonstrates strong management of its program expenses, but the lack of a fully independent board and deficiencies in governance policies hinder its overall performance. This evaluation suggests that while the organization has a solid foundation, implementing more robust governance practices could significantly enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Running Elements Foundation Inc legitimate?
Running Elements Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Running Elements Foundation Inc 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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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.none
What is the mission statement of Running Elements Foundation Inc?
The mission of Running Elements Foundation Inc is centered around promoting active living opportunities for the community. They achieve this goal through organizing events, providing education, and fostering partnerships. By doing so, they aim to encourage an active lifestyle within the community, enhancing overall well-being and engagement. The foundation serves as a platform for individuals to engage in various activities, learn about health and fitness, and collaborate with like-minded organizations to foster a healthier community.
Official website here: www.none
Who is the CEO of Running Elements Foundation Inc?
Kenneth Bohannon Esquire is the Attorney of Running Elements Foundation Inc.
Official website here: www.none
What is the revenue of Running Elements Foundation Inc?
Running Elements Foundation Inc's revenue in 2021 was $644.
Official website here: www.none
Who are the executives of Running Elements Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Running Elements Foundation Inc
Running Elements Foundation, a nonprofit organization, is committed to promoting active living opportunities within the community. They achieve this goal through a strategic approach that leverages events, education, and partnerships. By organizing events, they encourage community participation in physical activities, fostering a sense of camaraderie and shared health goals. Through education, they aim to equip individuals with the knowledge and skills necessary to maintain an active lifestyle, addressing various aspects such as nutrition, fitness, and wellness. Lastly, partnerships serve as a bridge between Running Elements Foundation and other organizations, expanding their reach and influence in promoting active living. By engaging in these activities, Running Elements Foundation aims to inspire and empower the community to embrace an active lifestyle, ultimately improving overall health and well-being.
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Impact
October, 2024
Running Elements Foundation Inc significantly enhances the community of New Smyrna Beach by promoting active living through a variety of events, educational initiatives, and strategic partnerships. By organizing events that encourage physical activity, the foundation fosters a vibrant community spirit while also emphasizing the importance of health and wellness.
Through educational programs, Running Elements Foundation empowers individuals with knowledge and skills related to active lifestyles, ensuring that community members have access to the resources they need to thrive physically. Partnerships with local organizations further amplify their impact, creating a network of support for activities that promote recreation and fitness. Ultimately, the foundation's work helps cultivate a healthier, more engaged community, inspiring individuals to embrace an active lifestyle and participate fully in community life.
This information is meant to be a general summary of Running Elements Foundation Inc. 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 2021.
- Program Service Revenue: $644
- Gross Receipts: $644
Assets and Liabilities:
- Total Assets: $1,477
- Total Liabilities: $0
- Net Assets: $1,477
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATION
Revenue
$571
RUN/REGISTRATIONS
Revenue
$73
Organization Details
Founding Year
2017
Phone
(813) 480-9189Principal Officer
Kenneth Bohannon Esquire
Main Address
242 SWEET BAY AVENUE, NEW SMYRNA BEACH, FL, 32168
Website
www.noneNTEE Category
Code: N00 - Recreation
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