Overview
What is Our Lady Of Assumption?
Our Lady of Assumption is a charitable and religious nonprofit organization situated in Hammonton, New Jersey. With a strong commitment to benevolence, it primarily focuses on distributing funds to support the local parish, schools, and various community organizations. The organization's mission is to promote goodwill and intercession in the community, aiming to make a positive impact on local lives. Through its activities, Our Lady of Assumption contributes to the well-being of the local parish, education sector, and community as a whole.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and transparency in the organization's operations. A score of 73 in the Accountability & Finance category indicates some strengths, particularly in governance, as all board members are independent, and there are no material diversions of assets.
The organization demonstrates excellent financial management with a Program Expense Ratio of 100%, meaning all resources are directed towards its mission. Additionally, the liabilities to assets ratio is notably low at 0.00%, suggesting that the nonprofit maintains a solid financial footing without significant debt.
However, the organization does have some limitations. Key policies such as the Conflict of Interest Policy, Whistleblower Policy, and Document Retention and Destruction Policy are missing, which raises concerns about governance practices. Furthermore, the absence of the tax form on the nonprofit's website may hinder transparency for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Our Lady Of Assumption legitimate?
Our Lady Of Assumption is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Lady Of Assumption 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
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What is the mission statement of Our Lady Of Assumption?
Our Lady of Assumption is dedicated to charitable and religious pursuits, focusing on providing support to the local parish, schools, and community organizations. Their mission is to foster benevolence within the community, doing so through the lens of grace and honor. They actively engage in making distributions to these various entities, aiming to contribute positively to the community as a whole.
Who is the CEO of Our Lady Of Assumption?
Donald Federico is the President of Our Lady Of Assumption.
What is the revenue of Our Lady Of Assumption?
Our Lady Of Assumption's revenue in 2022 was $93,032.
Who are the executives of Our Lady Of Assumption and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Our Lady Of Assumption?
Our Lady Of Assumption's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Our Lady Of Assumption
Our Lady of Assumption, a nonprofit organization, is dedicated to serving its community with charitable and religious purposes. Its mission is twofold: it distributes funds to support the local parish, schools, and various community organizations. This benevolent institution seeks to promote kindness and compassion within its community, providing aid where it is needed most. It strives to uphold values of grace and honor in its efforts, contributing to the betterment of the community at large.
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Impact
October, 2024
Our Lady Of Assumption significantly impacts the Hammonton, NJ community by promoting benevolence and fostering a spirit of grace and honor among its members. Through charitable activities, the organization supports the local parish, schools, and various community organizations. By making financial distributions and facilitating initiatives that benefit these entities, it enhances educational opportunities, provides resources for spiritual growth, and strengthens community ties. The organization’s commitment to intercession illustrates its dedication to addressing the needs of the community, ensuring that those requiring assistance receive support. This collaborative approach not only enriches the lives of individuals but also nurtures a sense of unity and compassion within the broader community.
This information is meant to be a general summary of Our Lady Of Assumption. 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: $127
- Program Service Revenue: $92,905
- Gross Receipts: $93,032
Assets and Liabilities:
- Total Assets: $214,080
- Total Liabilities: $0
- Net Assets: $214,080
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CARNIVAL FOOD STAND
Revenue
$92,905
Organization Details
Founding Year
1898
Phone
(609) 561-4110Principal Officer
Donald Federico
Main Address
1191 MOSS MILL ROAD, HAMMONTON, NJ, 08037
NTEE Category
Code: T12 - Philanthropy
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