Overview
What is Massachusetts Police Association Charity Fund Inc C/O Jon Bailey?
Massachusetts Police Association Charity Fund Inc C/O Jon Bailey is a nonprofit organization situated in Boston, Massachusetts. Their main mission is to grant post-secondary scholarships to the children of active or retired members who are in good standing within the Massachusetts Police Association Inc. This charitable fund aims to support the educational aspirations of these families, thereby contributing positively to their lives and future. The organization operates with a specific focus on members associated with the Massachusetts Police Association Inc, ensuring that their families have access to further educational opportunities.
Official website here: www.masspolice.com/services/sch
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning a Two-Star out of Four Star rating.
The Massachusetts Police Association Charity Fund Inc has received a Two-Star rating, indicating that while it meets some accountability and transparency standards, there are significant areas needing improvement. The organization boasts an impressive percentage of independent board members and has no reported material diversion of assets, which speaks to its governance and financial integrity.
However, there are notable shortcomings in its policies and financial reporting. The charity is lacking in the areas of whistleblower and document retention policies, both of which are essential for ensuring accountability. Additionally, the organization has a high liabilities-to-assets ratio at 78.20%, which raises concerns about its financial stability. Despite a strong program expense ratio indicating that funds are primarily directed toward its mission, the overall financial health needs to be addressed for better sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Massachusetts Police Association Charity Fund Inc C/O Jon Bailey legitimate?
Massachusetts Police Association Charity Fund Inc C/O Jon Bailey is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Police Association Charity Fund Inc C/O Jon Bailey 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:
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For more financial information, click here
Official website here: www.masspolice.com/services/sch
What is the mission statement of Massachusetts Police Association Charity Fund Inc C/O Jon Bailey?
The Massachusetts Police Association Charity Fund Inc has a mission to provide post-secondary scholarship awards to the children of active or retired members who are in good standing with the Massachusetts Police Association Inc. This organization aims to support the education of the families connected to law enforcement personnel, thereby fostering their future prospects. The scholarship awards serve as a means of acknowledging and assisting the next generation of individuals linked to this community. The Fund's activities are centered around this mission, providing financial aid for higher education.
Official website here: www.masspolice.com/services/sch
Who is the CEO of Massachusetts Police Association Charity Fund Inc C/O Jon Bailey?
Jon Bailey is the Treasurer of Massachusetts Police Association Charity Fund Inc C/O Jon Bailey.
Official website here: www.masspolice.com/services/sch
What is the revenue of Massachusetts Police Association Charity Fund Inc C/O Jon Bailey?
Massachusetts Police Association Charity Fund Inc C/O Jon Bailey's revenue in 2023 was $37,294.
Official website here: www.masspolice.com/services/sch
Who are the executives of Massachusetts Police Association Charity Fund Inc C/O Jon Bailey and what are their salaries?
Here are 24 key members and their salaries:
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Official website here: www.masspolice.com/services/sch
Where can I find the form 990 for Massachusetts Police Association Charity Fund Inc C/O Jon Bailey?
Massachusetts Police Association Charity Fund Inc C/O Jon Bailey's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.masspolice.com/services/sch
Learn more at the official website: www.masspolice.com/services/sch
Mission Statement of Massachusetts Police Association Charity Fund Inc C/O Jon Bailey
Massachusetts Police Association Charity Fund Inc, led by Jon Bailey, is committed to providing post-secondary scholarship awards to the children of active or retired members who are in good standing with the Massachusetts Police Association Inc. This nonprofit organization aims to support the educational aspirations of these children, recognizing the significant contributions of their parents to law enforcement. By offering these scholarships, the Massachusetts Police Association Charity Fund Inc is not only investing in the future of these students but also acknowledging the dedication and sacrifices made by their families in serving the community. The scholarship awards serve as a testament to the organization's belief in the importance of education and its role in shaping the lives of the next generation.
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Impact
August, 2024
The impact of the Massachusetts Police Association Charity Fund Inc, managed by Jon Bailey, is evident in its provision of post-secondary scholarship awards to the children of active or retired members in good standing of the Massachusetts Police Association. This initiative contributes directly to the educational pursuits of these individuals, offering them opportunities for further learning and development. It serves as a source of support for the beneficiaries, enabling them to pursue their academic goals and potentially enhance their future prospects.
This information is meant to be a general summary of Massachusetts Police Association Charity Fund Inc C/O Jon Bailey. 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 2023.
- Investment Income: $10,773
- Gross Receipts: $37,294
Assets and Liabilities:
- Total Assets: $382,045
- Total Liabilities: $298,819
- Net Assets: $83,226
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Organization Details
Founding Year
2019
Phone
(617) 720-3477Principal Officer
Jon Bailey
Main Address
11 BEACON STREET SUITE 300, BOSTON, MA, 02110
NTEE Category
Code: B82 - Education
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