Overview
What is Ox Ridge Charitable Foundation Inc?
Ox Ridge Charitable Foundation Inc, situated in Darien, Connecticut, is a nonprofit organization with a mission to raise funds for various programs within its community. Specifically, it supports equestrian initiatives, squash programs, and existing community-based nonprofit organizations within Darien and its surrounding areas. The foundation seeks to contribute financially to these programs, aiming to enrich the lives of its residents and promote community development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The Ox Ridge Charitable Foundation Inc has received a moderate score reflecting its accountability and financial practices. The organization performs well in areas such as board independence, asset management, and program expense ratio, indicating a strong commitment to its charitable mission with 90.56% of expenses directed towards programs.
However, there are significant areas where the foundation falls short, particularly in governance policies. The absence of a conflict of interest policy, a whistleblower policy, and a document retention policy has impacted its overall rating. Additionally, the nonprofit's website is not compliant with transparency standards, as it lacks necessary disclosures such as its tax form.
Despite these limitations, the organization's strong financial ratios and commitment to program spending suggest a focused approach to its charitable initiatives. Stakeholders may find it beneficial to encourage the foundation to enhance its governance practices to improve accountability and transparency in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Ox Ridge Charitable Foundation Inc legitimate?
Ox Ridge Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ox Ridge Charitable 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.
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 Ox Ridge Charitable Foundation Inc?
The Ox Ridge Charitable Foundation Inc's mission is centered around raising funds for various non-profit programs. Specifically, it focuses on equestrian programs, squash programs, and existing community-based initiatives within a specific area. This foundation aims to support these programs financially, contributing to their operations and growth.
Who is the CEO of Ox Ridge Charitable Foundation Inc?
Michelle Saldivar is the President of Ox Ridge Charitable Foundation Inc.
What is the revenue of Ox Ridge Charitable Foundation Inc?
Ox Ridge Charitable Foundation Inc's revenue in 2022 was $58,014.
Who are the executives of Ox Ridge Charitable Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ox Ridge Charitable Foundation Inc?
Ox Ridge Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ox Ridge Charitable Foundation Inc
The Ox Ridge Charitable Foundation Inc is committed to raising funds for various non-profit programs. Among its initiatives, the foundation supports equestrian programs, squash programs, and existing community-based non-profit organizations within Darien and its surrounding areas. The primary objective of this foundation is to contribute financially to these programs, thereby strengthening and expanding their reach to benefit a wider community. By investing in these programs, the Ox Ridge Charitable Foundation Inc plays a significant role in enriching the lives of individuals in its community, particularly in the areas of equestrian activities and squash. This philanthropic organization serves as a vital source of funding, enabling these programs to continue their operations and make a positive impact in the lives of those they serve.
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Impact
August, 2024
Ox Ridge Charitable Foundation Inc's impact can be seen in the support it provides to nonprofit equestrian programs, squash programs, and existing community-based nonprofit programs within the town of Darien and the surrounding community. By raising funds for these initiatives, the foundation contributes to the enrichment and development of the local community through philanthropic efforts. Its mission is centered around supporting and enhancing these important programs that benefit individuals and promote community wellbeing.
This information is meant to be a general summary of Ox Ridge Charitable 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 2022.
- Gross Receipts: $58,014
Assets and Liabilities:
- Total Assets: $153,164
- Total Liabilities: $20,000
- Net Assets: $133,164
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Organization Details
Founding Year
2018
Phone
(203) 655-2559Principal Officer
Michelle Saldivar
Main Address
512 MIDDLESEX ROAD, DARIEN, CT, 06820
NTEE Category
Code: T30 - Philanthropy
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