Overview
What is Save Our Resources Inc?
Save Our Resources Inc is a nonprofit organization dedicated to resource recovery and research. Their primary focus is on removing certain materials from the solid waste stream, recycling and reusing these resources, and recovering process equipment for potential reconfiguration, renovation, and repurposing. Additionally, they aim to restore human resources through education and scientific advances by creating new employment opportunities in their communities. Their mission encompasses a wide range of activities, from resource recovery to equipment recovery and human resource development, making them a valuable contributor to a sustainable future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40% (Zero-Star out of Four Stars)
Save Our Resources Inc has received a low rating of 40% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. While the organization scores well in areas such as having a majority of independent board members and a conflict of interest policy, it falls short in critical aspects like missing a whistleblower policy and failing to provide a document retention policy. The overall accountability score is notably low, indicating potential governance deficiencies.
The organization's financial practices raise further concerns, particularly with a program expense ratio of 0.00%, suggesting that it may not be effectively utilizing funds for its intended programs. Additionally, the liabilities to assets ratio is also problematic, which could indicate financial instability. The lack of transparency, as evidenced by the missing tax forms on its website, compounds these issues and may deter potential donors.
Despite some strengths in governance structure, the weaknesses in essential policies and financial management overshadow these positives. Donors and stakeholders are encouraged to approach with caution and seek further information before contributing to or engaging with Save Our Resources Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Save Our Resources Inc legitimate?
Save Our Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Save Our Resources 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.
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 Save Our Resources Inc?
Save Our Resources Inc is dedicated to resource recovery and research. Their mission encompasses three key areas: firstly, the removal and recycling of materials from the solid waste stream, with the aim of reusing them beneficially. Secondly, they focus on the recovery and repurposing of process equipment, auxiliary, and supporting equipment. Lastly, they strive to restore human resources through education and scientific advancements, fostering new and restored employment opportunities in communities by means of their initiatives.
Who is the CEO of Save Our Resources Inc?
Luther D Bruce is the President of Save Our Resources Inc.
What is the revenue of Save Our Resources Inc?
Save Our Resources Inc's revenue in 2022 was $0.
Who are the executives of Save Our Resources Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Save Our Resources Inc?
Save Our Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Save Our Resources Inc
Save Our Resources Inc, a non-profit organization, is committed to engaging in resource recovery and research. The primary objective of this organization is threefold: first, the removal of certain materials from the solid waste stream, followed by the recycling and reuse of these materials. Second, the recovery of process equipment, auxiliary and supporting equipment, and related resources, which can then be reconfigured, renovated, and repurposed for beneficial and productive reuse. Lastly, the organization aims to restore potentially lost human resources through education and scientific advances in these areas, opening avenues for new and restored employment in various communities. In summary, Save Our Resources Inc seeks to make a positive impact on the environment by promoting recycling and resource recovery, while also fostering employment opportunities through educational initiatives and the reuse of equipment.
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Impact
June, 2024
Save Our Resources Inc's impact lies in its commitment to engaging in resource recovery and research. By removing certain materials from the solid waste stream and recycling and reusing them, the organization is contributing to environmental sustainability. Additionally, their focus on recovering process equipment and related resources for beneficial reuse helps in reducing waste and conserving valuable resources. Through their programs and initiatives, Save Our Resources Inc is not only promoting a more sustainable approach to resource management but also creating opportunities for new and restored employment in communities.
This information is meant to be a general summary of Save Our Resources 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 2022.
Assets and Liabilities:
- Total Assets: $508,390
- Total Liabilities: $82,475
- Net Assets: $425,915
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Organization Details
Founding Year
2017
Phone
(480) 363-0476Principal Officer
Luther D Bruce
Main Address
4657 E Willow Ave, Phoenix, AZ, 85032
NTEE Category
Code: C30 - Environment
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