Overview
What is Rotary Del Sol Foundation Inc?
Rotary Del Sol Foundation Inc, based in Albuquerque, New Mexico, is a nonprofit organization with a mission to collect and utilize contributions, grants, and related income solely for charitable, scientific, and educational purposes. The foundation conducts activities in furtherance of these goals, demonstrating a commitment to bettering society through these channels. The organization's purpose is to make a positive impact in its community and beyond, ensuring that its resources are directed towards worthy charitable, scientific, and educational initiatives.
Official website here: www.rotarydelsol.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Rotary Del Sol Foundation Inc has achieved a commendable score of 76%, indicating a solid performance in accountability and finance. The organization is particularly strong in governance, with a fully independent board and no material diversion of assets, which reflects a commitment to ethical management and operational integrity. Additionally, the foundation exhibits a remarkable program expense ratio of 99.17%, showing that the vast majority of its funds are directed towards its programs.
However, the foundation does have areas that require improvement, notably the absence of a conflict of interest policy, a whistleblower policy, and a document retention policy. These gaps in governance policies could potentially pose risks to the organization and its stakeholders. While the financial metrics are strong, addressing these missing policies would enhance the foundation's overall accountability and transparency.
Overall, Rotary Del Sol Foundation Inc demonstrates effective financial management and program spending, but it should prioritize developing and implementing key governance policies to strengthen its organizational framework. This would not only improve its standing in evaluations but also bolster confidence among donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Rotary Del Sol Foundation Inc legitimate?
Rotary Del Sol Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Del Sol 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:
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Other Salaries and Wages: $0
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Official website here: www.rotarydelsol.org
What is the mission statement of Rotary Del Sol Foundation Inc?
The Rotary Del Sol Foundation Inc is established with the primary objective of receiving and soliciting contributions, grants, and utilizing these funds and related income solely for charitable, scientific, and educational purposes. The organization conducts activities in furtherance of these purposes, working towards these noble causes. Its mission is centered around the receipt and allocation of funds exclusively for charitable, scientific, and educational purposes. The foundation carries out its activities in support of these objectives.
Official website here: www.rotarydelsol.org
Who is the CEO of Rotary Del Sol Foundation Inc?
David Seely is the President of Rotary Del Sol Foundation Inc.
Official website here: www.rotarydelsol.org
What is the revenue of Rotary Del Sol Foundation Inc?
Rotary Del Sol Foundation Inc's revenue in 2022 was $40,752.
Official website here: www.rotarydelsol.org
Who are the executives of Rotary Del Sol Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.rotarydelsol.org
Where can I find the form 990 for Rotary Del Sol Foundation Inc?
Rotary Del Sol Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rotarydelsol.org
Learn more at the official website: www.rotarydelsol.org
Mission Statement of Rotary Del Sol Foundation Inc
Rotary Del Sol Foundation Inc is established with a primary objective to receive, solicit, and manage contributions, grants, and related income. This nonprofit organization is dedicated to utilizing these funds exclusively for charitable, scientific, and educational purposes. It further engages in activities that align with these purposes, thereby contributing to its overall mission. The foundation's mission is to channel resources towards advancing charitable, scientific, and educational causes, thereby making a meaningful impact in these areas.
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Impact
August, 2024
Rotary Del Sol Foundation Inc works tirelessly to make a positive impact by receiving and soliciting contributions and grants that are used exclusively for charitable, scientific, and educational purposes. Through its activities, the organization strives to further these noble causes and benefit the community in Albuquerque, NM. Its mission is clear: to receive and apply funds for charitable, scientific, and educational purposes, ultimately making a difference in the lives of those it serves.
This information is meant to be a general summary of Rotary Del Sol 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: $34,151
- Gross Receipts: $492,527
Assets and Liabilities:
- Total Assets: $1,108,664
- Total Liabilities: $0
- Net Assets: $1,108,664
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Organization Details
Founding Year
1997
Phone
(505) 266-5904Principal Officer
David Seely
Main Address
PO BOX 93578, ALBUQUERQUE, NM, 871993578
Website
www.rotarydelsol.orgNTEE Category
Code: T70 - Philanthropy
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