Overview
What is Boys & Girls Clubs Of The Albemarle Foundation?
The Boys & Girls Clubs Of The Albemarle Foundation is a charitable organization situated in Edenton, North Carolina, specifically at 824 N Oakum Street. Its primary purpose is to gather and manage funds to bolster the operations and impact of the Boys & Girls Clubs of the Albemarle Inc. This nonprofit aims to contribute significantly to the community by providing essential support to this renowned youth organization.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Boys & Girls Clubs Of The Albemarle Foundation has earned a respectable Three-Star rating with an overall score of 80%. This rating is based entirely on the Accountability & Finance beacon, indicating a strong focus on transparency and responsible financial practices. The charity demonstrates a high level of accountability, with 100% of its board members being independent, which reinforces its governance structure.
Strengths of the organization include a solid program expense ratio of 97.12%, suggesting that the majority of funds are directed towards its programs and services. Additionally, the foundation has maintained a very low liabilities to assets ratio of just 0.01%, indicating strong financial health. The presence of a conflict of interest policy and documentation of board meeting minutes further enhances its accountability.
However, as the rating relies solely on the Accountability & Finance aspect, it doesn't provide a comprehensive assessment of other operational areas such as program effectiveness or impact. Potential donors and stakeholders may want to consider seeking additional information about the organization’s programs and their outcomes to gain a fuller picture of its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Boys & Girls Clubs Of The Albemarle Foundation legitimate?
Boys & Girls Clubs Of The Albemarle Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boys & Girls Clubs Of The Albemarle Foundation 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
What is the mission statement of Boys & Girls Clubs Of The Albemarle Foundation?
The Boys & Girls Clubs Of The Albemarle Foundation's mission is centered around raising and preserving funds. This mission serves to support the operations of the Boys & Girls Clubs of the Albemarle Inc. In essence, the foundation's role is to ensure the continuity and growth of the services provided by this organization, which aim to enhance the lives of young people. By preserving funds, the foundation enables the Boys & Girls Clubs of the Albemarle to continue its work in providing a supportive environment and essential resources for children and teenagers in the community.
Who is the CEO of Boys & Girls Clubs Of The Albemarle Foundation?
Roland Vaughan is the Chair of Boys & Girls Clubs Of The Albemarle Foundation.
What is the revenue of Boys & Girls Clubs Of The Albemarle Foundation?
Boys & Girls Clubs Of The Albemarle Foundation's revenue in 2022 was $58,898.
Who are the executives of Boys & Girls Clubs Of The Albemarle Foundation and what are their salaries?
There 6 volunteers at Boys & Girls Clubs Of The Albemarle Foundation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Boys & Girls Clubs Of The Albemarle Foundation?
Boys & Girls Clubs Of The Albemarle Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boys & Girls Clubs Of The Albemarle Foundation
The Boys & Girls Clubs of the Albemarle Foundation is a dedicated organization with a mission to preserve and raise funds to support the Boys & Girls Clubs of the Albemarle Inc. In simpler terms, this nonprofit's role is to ensure the continued operation and success of the Boys & Girls Clubs in the area, providing essential resources and financial support. By doing so, the Boys & Girls Clubs of the Albemarle Foundation contributes to the well-being and development of young people in the community, fostering a positive environment where they can learn, grow, and thrive.
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Impact
August, 2024
The Boys & Girls Clubs of the Albemarle Foundation's impact is focused on supporting the Boys & Girls Clubs of the Albemarle Inc in EDENTON, NC. The foundation raises and preserves funds to help the club provide opportunities for youth development in the community. Through its efforts, the foundation plays a crucial role in ensuring that the Boys & Girls Club of the Albemarle can continue to make a positive impact on the lives of young people in the area.
This information is meant to be a general summary of Boys & Girls Clubs Of The Albemarle Foundation. 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: $56,898
- Gross Receipts: $58,898
Assets and Liabilities:
- Total Assets: $2,008,610
- Total Liabilities: $325
- Net Assets: $2,008,285
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Organization Details
Founding Year
2019
Phone
(252) 482-7082Principal Officer
Roland Vaughan
Main Address
824 N Oakum Street, Edenton, NC, 27932
NTEE Category
Code: O23 - Youth development
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