Overview
What is Billerica Community Pantry Inc?
Billerica Community Pantry Inc is a nonprofit organization situated in Billerica, Massachusetts. Their primary mission is to assist individuals in the local community who are affected by hunger and poverty. They achieve this by acquiring food through various sources including local food banks and donation drives. Financial contributions enable them to procure additional food and necessary items. The funds also support future endeavors such as obtaining a permanent location or renovations for improved transportation, sorting, and distribution of resources. The pantry's primary objective is to provide food and personal care items, thereby alleviating the challenges of hunger and poverty within their community.
Official website here: www.billericacommunitypantry.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Billerica Community Pantry Inc has received an overall rating of 84%, equating to a Three-Star designation, based solely on its Accountability & Finance score. This indicates a strong commitment to financial transparency and responsible management of resources. The organization boasts a high program expense ratio of 94.16%, suggesting that a significant portion of its funds is dedicated to its mission-driven activities.
However, there are some areas for improvement, particularly regarding governance policies. The charity currently lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are important for ensuring ethical practices and accountability. Additionally, the tax form is not posted on the nonprofit's website, which could hinder transparency for potential donors and stakeholders.
On a positive note, Billerica Community Pantry Inc has a majority of independent board members, which enhances its governance structure. The organization has also demonstrated effective financial oversight, with no reported material diversion of assets. Overall, while the charity shows strong financial management, addressing the noted governance gaps could further enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Billerica Community Pantry Inc legitimate?
Billerica Community Pantry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Billerica Community Pantry 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
Official website here: www.billericacommunitypantry.com
What is the mission statement of Billerica Community Pantry Inc?
The mission of Billerica Community Pantry Inc. is centered around providing aid to individuals within its community. Specifically, it aims to alleviate hunger and poverty by distributing food and personal care items. The organization accomplishes this through acquiring food from local sources and fundraisers, which allows them to purchase additional necessities and contribute towards securing a permanent location or necessary improvements. The Pantry's efforts ultimately aim to contribute positively to the well-being and livelihood of those in need within its community.
Official website here: www.billericacommunitypantry.com
Who is the CEO of Billerica Community Pantry Inc?
Jared Koyle is the President of Billerica Community Pantry Inc.
Official website here: www.billericacommunitypantry.com
What is the revenue of Billerica Community Pantry Inc?
Billerica Community Pantry Inc's revenue in 2022 was $538,656.
Official website here: www.billericacommunitypantry.com
Who are the executives of Billerica Community Pantry Inc and what are their salaries?
There 35 volunteers at Billerica Community Pantry Inc.
Here are 10 key members and their salaries:
- 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
- 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.billericacommunitypantry.com
Where can I find the form 990 for Billerica Community Pantry Inc?
Billerica Community Pantry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.billericacommunitypantry.com
Learn more at the official website: www.billericacommunitypantry.com
Mission Statement of Billerica Community Pantry Inc
Billerica Community Pantry Inc, a nonprofit organization, is committed to assisting individuals within the Billerica Community who are struggling with hunger and poverty. The mission of this organization is to alleviate these issues by providing essential food and personal care items. Through their efforts, they aim to contribute to a more prosperous and well-nourished community. The organization acquires food resources from local food banks and other drives. Financial contributions enable Billerica Community Pantry Inc to acquire additional food and necessary items, as well as contribute towards the future acquisition of a permanent location or renovations. Their activities extend beyond just providing food, as they also contribute towards the transportation, sorting, and distribution of these items to those in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The impact of Billerica Community Pantry Inc is significant in alleviating hunger and poverty within the Billerica community. By providing assistance in the form of food and personal care items, the pantry directly improves the well-being and quality of life for those in need. Through partnerships with local food banks and community drives, the pantry is able to acquire essential items that are distributed to those facing food insecurity. Furthermore, financial contributions enable the pantry to purchase additional items and support future plans for a permanent location, transportation, sorting, and distribution of goods. In essence, Billerica Community Pantry Inc plays a crucial role in addressing immediate needs and working towards long-term solutions for individuals and families experiencing hardship in the city of Billerica, MA.
This information is meant to be a general summary of Billerica Community Pantry 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.
- Investment Income: $8,168
- Gross Receipts: $538,656
Assets and Liabilities:
- Total Assets: $477,110
- Total Liabilities: $0
- Net Assets: $477,110
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2018
Phone
(978) 987-3426Principal Officer
Jared Koyle
Main Address
PO Box 285, Billerica, MA, 01821
NTEE Category
Code: K31 - Food
If you are a representative of Billerica Community Pantry Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.