Overview
What is The Bitter End Foundation Inc?
The Bitter End Foundation Inc is a charitable organization situated in Darien, Connecticut, with a strong focus on the well-being of seaside and coastal communities in the Virgin Islands and other Caribbean regions. Committed to stewardship of our planet's oceans, the foundation supports the unique needs and welfare of these communities through in-kind, financial, and educational assistance. Their mission extends beyond financial aid, as they actively engage in and encourage ocean conservation efforts, aiming to protect marine life and underwater habitats. Additionally, the foundation provided a grant to the Unite BVI Foundation to combat the Stony Coral Tissue Loss Disease in the British Virgin Islands.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Bitter End Foundation Inc has achieved a Three-Star rating on Charity Navigator, with a score of 80%. This rating reflects a strong emphasis on accountability and finance, as the overall score is derived entirely from this single beacon. The organization has shown a commitment to fiscal responsibility, with a program expense ratio of 98.62%, indicating that a significant majority of its funds are directed towards its charitable activities.
Strengths of the foundation include an entirely independent board, which consists of four members, ensuring unbiased governance and oversight. The charity demonstrates good practices in transparency, such as maintaining a conflict of interest policy and documenting board meeting minutes. The financial health of the organization is strong, with zero liabilities to assets, further reinforcing its sound management practices.
While the rating indicates solid organizational strengths, it is essential for potential donors to consider the broader impact of the foundation's work and its program outcomes. Continuous evaluation of its programs and effectiveness will be crucial for maintaining donor trust and support in the future.
This AI summary has been generated from information found on Charity Navigator.
Is The Bitter End Foundation Inc legitimate?
The Bitter End Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bitter End 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
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What is the mission statement of The Bitter End Foundation Inc?
The Bitter End Foundation Inc's mission is centered around promoting the health and well-being of coastal communities in various Caribbean regions, including the Virgin Islands. They strive to act as stewards of the planet's oceans and support the unique needs of these communities. The foundation accomplishes this by providing in-kind, financial, and educational support. They also focus on protecting sea life, undersea habitats, and encouraging conservation efforts. The Bitter End Foundation has shown its commitment by offering a grant to the Unite BVI Foundation to combat the Stony Coral Tissue Loss Disease in the British Virgin Islands.
Who is the CEO of The Bitter End Foundation Inc?
Richard Hokin is the President of The Bitter End Foundation Inc.
What is the revenue of The Bitter End Foundation Inc?
The Bitter End Foundation Inc's revenue in 2022 was $7,302.
Who are the executives of The Bitter End Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for The Bitter End Foundation Inc?
The Bitter End Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Bitter End Foundation Inc
The Bitter End Foundation Inc is dedicated to promoting the health and well-being of coastal communities in the Virgin Islands and other Caribbean regions, with a focus on charitable activities. As stewards of our planet's oceans, the foundation supports the unique needs and welfare of seaside communities by offering in-kind, financial, and educational aid. The organization is proactive in protecting marine life, underwater habitats, and encouraging conservation efforts.
In line with its mission, The Bitter End Foundation Inc granted funds to the Unite BVI Foundation, a non-profit organization based in the British Virgin Islands. This collaboration aimed to combat the Stony Coral Tissue Loss Disease, a significant threat to coral reefs in the region. By supporting organizations like Unite BVI Foundation, The Bitter End Foundation Inc contributes to the preservation of marine ecosystems and the overall health of coastal communities in the Caribbean.
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Impact
August, 2024
The Bitter End Foundation Inc's impact is focused on engaging in, encouraging, and supporting charitable activities that promote the health and well-being of seaside and coastal communities in the Virgin Islands and other Caribbean communities. One notable contribution was providing a grant to the Unite BVI Foundation to combat stony coral tissue loss disease in the British Virgin Islands. The foundation, committed to being stewards of our planet's oceans, supports the success, unique needs, and well-being of seaside communities by providing financial, educational, and in-kind support, protecting sea life, undersea habitats, and surrounding environments, and encouraging conservation efforts.
This information is meant to be a general summary of The Bitter End 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.
- Investment Income: $552
- Gross Receipts: $57,339
Assets and Liabilities:
- Total Assets: $96,892
- Total Liabilities: $0
- Net Assets: $96,892
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Organization Details
Founding Year
2018
Phone
(203) 655-8735Principal Officer
Richard Hokin
Main Address
ONE THORNDAL CIRCLE, DARIEN, CT, 068205425
NTEE Category
Code: Q33 - International
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