Overview
What is Pine Tree Apple Classic Fund?
Pine Tree Apple Classic Fund is a nonprofit organization, situated in Lakeville, Minnesota, with the mission of supporting medical professionals at Children's Minnesota Hospital in their cancer treatment research endeavors. By hosting events and activities, they aim to raise funds to advance research in childhood diseases, all while continuing their crucial efforts in treating affected children. The organization, with a strong commitment to children's health and well-being, also provides programming to further enhance research into childhood diseases, ultimately benefiting families affected by these conditions.
Official website here: www.ptacf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Pine Tree Apple Classic Fund has earned a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance management. The organization scored 83% overall, with its evaluation based entirely on its Accountability & Finance metrics. Notable strengths include a fully independent board, effective management of assets, and a high program expense ratio, which demonstrates the charity’s commitment to maximizing donor contributions for its programs.
The board's composition is robust, featuring 100% independent members, which enhances the governance structure and decision-making process. The charity also maintains transparency through listed documents and policies such as their conflict of interest policy. However, the absence of a whistleblower policy and a document retention and destruction policy are noted limitations that could impact overall governance.
Financially, the Pine Tree Apple Classic Fund shows a strong position with a liabilities to assets ratio of 0.00%, indicating no debts against its assets. Furthermore, the program expense ratio is high at 81.76%, showing that a significant portion of its funds is allocated directly to its charitable programs. Overall, while the charity performs well in many areas, addressing the noted gaps in governance policies could enhance its accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Pine Tree Apple Classic Fund legitimate?
Pine Tree Apple Classic Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pine Tree Apple Classic Fund 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
Official website here: www.ptacf.org
What is the mission statement of Pine Tree Apple Classic Fund?
The Pine Tree Apple Classic Fund aims to positively impact the health and well-being of children with various childhood diseases and their families. They achieve this by providing funding, programming, and organizing events and activities to further advance research in childhood diseases. The organization's mission is to be a driving force in supporting medical professionals in their quest to discover effective treatments for childhood illnesses, all while continuing their crucial work in treating affected children.
Official website here: www.ptacf.org
Who is the CEO of Pine Tree Apple Classic Fund?
Kevin Werwie is the President of Pine Tree Apple Classic Fund.
Official website here: www.ptacf.org
What is the revenue of Pine Tree Apple Classic Fund?
Pine Tree Apple Classic Fund's revenue in 2022 was $500,130.
Official website here: www.ptacf.org
Who are the executives of Pine Tree Apple Classic Fund and what are their salaries?
There 175 volunteers at Pine Tree Apple Classic Fund.
Here are 6 key members and their salaries:
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- Other: $0
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Official website here: www.ptacf.org
Where can I find the form 990 for Pine Tree Apple Classic Fund?
Pine Tree Apple Classic Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ptacf.org
Learn more at the official website: www.ptacf.org
Mission Statement of Pine Tree Apple Classic Fund
The Pine Tree Apple Classic Fund is committed to making a positive impact on the health and well-being of children suffering from various childhood diseases and their families. To achieve this, the organization provides funding, programming, and organizes events and activities to support research in the field of childhood diseases. By doing so, the Pine Tree Apple Classic Fund aims to contribute to the advancement of medical treatments and care for these children. The fund was initially established with the goal of aiding the medical professionals at Children's Minnesota Hospital in their research into cancer treatments, allowing them to continue their vital work in treating children with cancer while simultaneously progressing in their research efforts.
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Impact
July, 2024
The Pine Tree Apple Classic Fund strives to be a positive force in the health and well-being of children with childhood diseases and their families. By providing funding, programming, and organizing events and activities to further research around childhood diseases, the organization aims to support medical professionals in researching cancer treatments and improving the care for children with cancer at Children's Minnesota Hospital. Through initiatives like the Pine Tree Apple Tennis Classic, the organization channels resources towards critical research efforts while also addressing the immediate needs of children battling these diseases.
This information is meant to be a general summary of Pine Tree Apple Classic Fund. 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.
- Investment Income: $18,707
- Program Service Revenue: $50,478
- Gross Receipts: $519,036
Assets and Liabilities:
- Total Assets: $87,039
- Total Liabilities: $0
- Net Assets: $87,039
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP BENEFITS
Revenue
$31,370
FOOD SALES
Revenue
$19,108
Organization Details
Founding Year
2018
Phone
(952) 693-5419Principal Officer
Kevin Werwie
Main Address
19088 INNDALE DRIVE, LAKEVILLE, MN, 55044
Website
www.ptacf.orgNTEE Category
Code: E12 - Health
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