Overview
What is The Unit Foundation?
The Unit Foundation is a nonprofit organization that focuses on providing support to Special Forces unit members, veteran unit members, and Gold Star families. Their mission is to serve in areas not covered by other support agencies, acting as a centralizing force to consolidate support efforts for the unit. Based in Vass, North Carolina, they operate with a small team of one individual, working tirelessly to fulfill their mission and make a positive impact in the lives of those they serve.
Official website here: www.theunitfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
The Unit Foundation has achieved a commendable Three-Star rating, reflecting a solid 82% score overall. This rating indicates a strong commitment to accountability and financial health, evidenced by a high program expense ratio of 87.27% and low liabilities to assets ratio of 0.07%. The foundation also benefits from a majority of independent board members, enhancing its governance and oversight.
One of the standout strengths of the organization is its perfect scores in culture and community engagement, as well as in leadership and adaptability. This suggests that The Unit Foundation not only maintains a positive internal culture but also effectively measures its impact and adapts to changing circumstances. Additionally, the organization shows exemplary practices in collecting and utilizing feedback from stakeholders.
However, there are some noted limitations, particularly regarding missing policies such as the whistleblower policy and document retention and destruction policy. While these omissions do not significantly detract from the overall rating, they indicate areas where the organization could strengthen its governance framework further. Overall, The Unit Foundation demonstrates a solid performance and a commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Unit Foundation legitimate?
The Unit Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Unit 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: $83,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.theunitfoundation.com
What is the mission statement of The Unit Foundation?
The Unit Foundation's mission is centered around serving Special Forces unit members, veteran unit members, and Gold Star families. It aims to fill gaps in support not covered by other organizations, functioning as a central hub to coordinate and streamline these efforts for the benefit of the unit. The foundation's primary goal is to provide comprehensive support to these groups, ensuring they receive the assistance they need in various aspects of their lives.
Official website here: www.theunitfoundation.com
What is the revenue of The Unit Foundation?
The Unit Foundation's revenue in 2023 was $1,261,479.
Official website here: www.theunitfoundation.com
Who are the executives of The Unit Foundation and what are their salaries?
The average compensation at The Unit Foundation during 2023 was $83,647. There is 1 employee and 15 volunteers at The Unit Foundation.
Here are 6 key members and their salaries:
- Compensation: $83,647
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- 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.theunitfoundation.com
Where can I find the form 990 for The Unit Foundation?
The Unit Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theunitfoundation.com
Learn more at the official website: www.theunitfoundation.com
Mission Statement of The Unit Foundation
The Unit Foundation, a notable organization, is dedicated to serving a distinct group of individuals: special forces unit members, veteran unit members, and gold star families. Recognizing the unique challenges they face and the gaps in support services, The Unit Foundation aims to fill these voids. It operates as a centralizing entity, often referred to as a "fusing" function, coordinating and consolidating efforts to support these individuals more effectively. Its mission is to extend aid to those not covered by other support agencies, thereby ensuring no one is left behind in their time of need.
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Impact
July, 2024
The Unit Foundation's impact is significant as it serves Special Forces unit members, veteran unit members, and Gold Star families. It operates in spaces not covered by any other support apparatus, acting as a centralizing force for support efforts within the unit community. By providing much-needed assistance and resources to these groups, The Unit Foundation plays a crucial role in supporting and empowering those who have served and sacrificed for their country.
This information is meant to be a general summary of The Unit 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 2023.
- Investment Income: $98,755
- Gross Receipts: $1,261,479
Assets and Liabilities:
- Total Assets: $3,146,723
- Total Liabilities: $2,242
- Net Assets: $3,144,481
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Organization Details
Founding Year
2017
Principal Officer
Sean Macrae
Website
www.theunitfoundation.comNTEE Category
Code: B82 - Education
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