Overview
What is South High Marathon Dance Inc?
South High Marathon Dance Inc, based in S Glens Falls, NY (12803), is a nonprofit organization dedicated to offering financial assistance to individuals and charitable organizations within the tri-county area. Their mission is to support those facing monetary hardship or emotional distress due to serious, long-term medical issues or sudden catastrophic events. By providing financial aid, the organization aims to enhance the quality of life for these individuals and families, ensuring they can navigate through challenging times more comfortably. To date, they have assisted 15 individuals and 11 charitable organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star rating.
South High Marathon Dance Inc has received a Three-Star rating from Charity Navigator, indicating a moderate level of performance in terms of accountability and finance. The overall score is driven entirely by the Accountability & Finance beacon score, which reflects the organization's efforts to handle financial resources responsibly. The organization has demonstrated a strong program expense ratio of 98.04%, suggesting that the majority of its funds are directed toward its programs.
However, the organization has some areas for improvement. Notably, only 42% of its board members are independent, which raises questions about governance and oversight. Additionally, while the charity has documented policies for conflicts of interest, it lacks a whistleblower policy and a document retention and destruction policy, which are critical for maintaining transparency and accountability.
Overall, South High Marathon Dance Inc shows a commitment to channeling funds into its programs and maintaining essential financial practices, but it could benefit from enhancing its board independence and implementing missing policies to further strengthen its governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is South High Marathon Dance Inc legitimate?
South High Marathon Dance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South High Marathon Dance 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.
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What is the mission statement of South High Marathon Dance Inc?
South High Marathon Dance Inc's mission is centered around providing financial aid and improving the quality of life for individuals and families within a specific geographical area, who are experiencing financial hardship or emotional distress due to serious, long-term medical conditions or sudden catastrophic events. The organization aims to support these individuals and charitable organizations that serve them, acting as a source of relief during challenging times. By doing so, South High Marathon Dance Inc strives to make a positive impact on the lives of those in need.
Who is the CEO of South High Marathon Dance Inc?
Tom Myott is the President of South High Marathon Dance Inc.
What is the revenue of South High Marathon Dance Inc?
South High Marathon Dance Inc's revenue in 2022 was $466,730.
Who are the executives of South High Marathon Dance Inc and what are their salaries?
There 400 volunteers at South High Marathon Dance Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for South High Marathon Dance Inc?
South High Marathon Dance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South High Marathon Dance Inc
South High Marathon Dance, Inc. is an organization dedicated to providing financial aid and enhancing the quality of life for individuals and families within a tri-county area, as well as charitable organizations that serve this area. This nonprofit aims to extend its support to those experiencing monetary hardship or emotional distress due to long-term, serious medical conditions or sudden catastrophic events. By offering financial assistance, South High Marathon Dance, Inc. aims to alleviate some of the financial burdens that come with such challenging circumstances, thereby improving the overall well-being of the individuals and families it serves.
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Impact
July, 2024
South High Marathon Dance Inc's impact is significant in providing financial support and enhancing the quality of life for individuals and families within the tri-county area who are facing monetary hardship or emotional distress due to serious, long-term medical issues or sudden catastrophic events. Last year, they were able to provide support to 15 individuals and 11 charitable organizations, making a direct and tangible difference in the lives of those in need. Their commitment to philanthropy is evident in their ongoing efforts to support the community in times of crisis and difficulty.
This information is meant to be a general summary of South High Marathon Dance 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: $37
- Gross Receipts: $511,227
Assets and Liabilities:
- Total Assets: $660,204
- Total Liabilities: $467,758
- Net Assets: $192,446
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Organization Details
Founding Year
2018
Phone
(518) 744-3717Principal Officer
Tom Myott
Main Address
42 MERRITT RD, S GLENS FALLS, NY, 12803
NTEE Category
Code: T31 - Philanthropy
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