Overview
What is Salley Foundation Inc?
The Salley Foundation Inc is a nonprofit organization that is dedicated to uplifting local youth by raising funds for developmental programs. Their primary focus is on organizing baseball camps, which serve as a means to positively impact the lives of children residing in the community. By providing resources and opportunities through these camps, the Salley Foundation aims to contribute to the overall growth and well-being of its beneficiaries.
Official website here: www.palmbeachbaseball.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star rating.
The Salley Foundation Inc has received a score of 66%, which translates to a Two-Star rating, indicating that while the organization demonstrates a commitment to accountability and finance, there are areas that could use improvement. The entire score is based on a single beacon score, focusing solely on Accountability & Finance, which highlights a strong emphasis on transparency in financial operations.
Strengths of the Salley Foundation include an entirely independent board, with 100% of its members meeting this criterion. They have also displayed commendable practices such as documenting board meeting minutes and providing a listed website on their tax forms. The foundation has a strong program expense ratio of 92.24%, indicating that a significant portion of their resources is directed towards their mission-related activities, rather than administrative costs.
Despite these strengths, the overall Two-Star rating suggests there may be limitations in other areas that did not meet the criteria for a higher score. While there are no material diversions of assets and a favorable liabilities to assets ratio, stakeholders may want to look for additional performance metrics to better assess the foundation's impact and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Salley Foundation Inc legitimate?
Salley Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salley Foundation Inc submitted a form 990EZ, 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.palmbeachbaseball.com
What is the mission statement of Salley Foundation Inc?
The Salley Foundation Inc is dedicated to raising funds for youth development programs within its local community. One of their primary initiatives involves organizing baseball camps to positively impact the lives of local children. Their mission can be interpreted as supporting the growth and well-being of young individuals through financial backing and community-focused activities.
Official website here: www.palmbeachbaseball.com
What is the revenue of Salley Foundation Inc?
Salley Foundation Inc's revenue in 2024 was $58,255.
Official website here: www.palmbeachbaseball.com
Who are the executives of Salley Foundation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.palmbeachbaseball.com
Where can I find the form 990EZ for Salley Foundation Inc?
Salley Foundation Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.palmbeachbaseball.com
Learn more at the official website: www.palmbeachbaseball.com
Mission Statement of Salley Foundation Inc
The Salley Foundation Inc, a nonprofit organization, is dedicated to raising funds for youth development programs in the local community. Its primary mission is to organize and finance baseball camps, aimed at benefiting the children residing in the area. By providing these camps, the Salley Foundation Inc seeks to contribute positively to the overall development of these young individuals.
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Impact
August, 2024
Salley Foundation Inc's impact is significant in supporting youth development programs for children in the local community. By organizing fundraising efforts for baseball camps, the foundation provides valuable opportunities for children to engage in recreational activities, learn important skills, and foster a sense of community. This initiative not only promotes physical well-being but also contributes to the overall growth and development of the youth in Wellington, FL.
This information is meant to be a general summary of Salley 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 2024.
- Program Service Revenue: $58,255
- Gross Receipts: $58,255
Assets and Liabilities:
- Total Assets: $9,503
- Total Liabilities: $0
- Net Assets: $9,503
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Organization Details
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