Overview
What is B Strong Fund Inc?
B Strong Fund Inc is a philanthropic organization, headquartered in Boston, Massachusetts, with a focus on assisting furloughed employees in the hospitality industry. Established by Big Night Entertainment Group, Inc., the foundation offers support through various means, including volunteer work, fundraising events, and charitable donations. B Strong Fund's mission is to uplift its employees, their families, and the surrounding communities during challenging times.
Official website here: www.bignight.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
B Strong Fund Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity boasts an impressive overall score derived solely from its accountability metrics, with a perfect score in several categories, including having an independent board and no material diversion of assets. Such ratings indicate a high level of financial transparency and governance, which are essential for donor confidence.
The organization demonstrates excellence in maintaining a majority of independent board members and adhering to strict policies regarding conflicts of interest and whistleblower protections. Additionally, all necessary documents regarding board meetings and financial activities are appropriately recorded and accessible, enhancing its credibility and operational integrity.
Despite its strong financial metrics—such as a very low liabilities-to-assets ratio and an extraordinary program expense ratio of nearly 100%—the summary does not specify programmatic impact or outcomes. Potential donors should consider seeking additional information on how effectively the organization's programs fulfill its mission and the tangible benefits to its target community.
This AI summary has been generated from information found on Charity Navigator.
Is B Strong Fund Inc legitimate?
B Strong Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. B Strong Fund 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bignight.com
What is the mission statement of B Strong Fund Inc?
The B Strong Fund Inc., established by Big Night Entertainment Group, Inc., serves as a charitable foundation. Its primary mission is to offer support to its employees and their families, as well as the wider community, during challenging times. This support is provided through various means, including volunteering, fundraising events, and donations. The B Strong Fund was specifically organized to aid furloughed employees within the hospitality industry.
Official website here: www.bignight.com
Who is the CEO of B Strong Fund Inc?
Christine Roane is the President of B Strong Fund Inc.
Official website here: www.bignight.com
What is the revenue of B Strong Fund Inc?
B Strong Fund Inc's revenue in 2022 was $34,659.
Official website here: www.bignight.com
Who are the executives of B Strong Fund Inc and what are their salaries?
There 5 volunteers at B Strong Fund Inc.
Here are 6 key members and their salaries:
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- Other: $0
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Official website here: www.bignight.com
Where can I find the form 990 for B Strong Fund Inc?
B Strong Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bignight.com
Learn more at the official website: www.bignight.com
Mission Statement of B Strong Fund Inc
B Strong Fund Inc, a charitable foundation, was established with a mission to support its employees and their families in the hospitality industry during challenging times. Created by Big Night Entertainment Group, Inc., B Strong Fund provides aid through volunteering, fundraising events, and donations. The organization's primary goal is to extend a helping hand to its workforce when they need it the most, recognizing the importance of community support in times of need. B Strong Fund's activities are centered around providing assistance to furloughed employees in the hospitality sector, demonstrating its commitment to the wellbeing of its team and the wider community.
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Impact
August, 2024
B Strong Fund Inc, a charitable foundation created by Big Night Entertainment Group Inc, has a significant impact in supporting furloughed employees in the hospitality industry. Through their volunteering efforts, fundraising events, and donations, they provide crucial support to employees and their families during times of need. By focusing on human services and lending a helping hand to those affected in the hospitality sector, B Strong Fund Inc plays a vital role in strengthening communities and offering assistance where it is needed most.
This information is meant to be a general summary of B Strong Fund 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.
- Gross Receipts: $34,659
Assets and Liabilities:
- Total Assets: $83,058
- Total Liabilities: $55
- Net Assets: $83,003
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Organization Details
Founding Year
2020
Phone
(617) 338-4343Principal Officer
Christine Roane
Main Address
470 ATLANTIC AVENUE 301, BOSTON, MA, 02210
Website
www.bignight.comNTEE Category
Code: P12 - Human services
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