Overview
What is Sheetz Share The Love Employee Relief Fund?
The Sheetz Share The Love Employee Relief Fund is a charitable organization primarily focused on offering aid to the employees of Sheetz Inc. and their dependents during times of hardship or disaster. Situated in Altoona, Pennsylvania, this nonprofit organization follows an established disaster and hardship relief program to grant funds upon review by an approval committee. Employees can apply for these relief grants using specific criteria. Sheetz, like many businesses, emphasizes the well-being of its workforce, and recent natural disasters and the COVID-19 pandemic have further highlighted this concern. The organization's mission is to provide relief to Sheetz Inc.'s employees when they need it most.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The Sheetz Share The Love Employee Relief Fund has achieved a 79% rating, which indicates a reasonable level of accountability and financial health. The organization is notable for having a fully independent board, as well as robust policies in place for conflicts of interest, whistleblowing, and document retention, which all contribute positively to its governance structure.
Financially, the fund excels with an impressive program expense ratio of 98.01%, demonstrating that nearly all its expenditures are directed towards its programs. However, there is a significant concern highlighted by a liabilities to assets ratio of 1415.06%, indicating potential financial risk that may need to be addressed in the future.
Overall, while the organization shows strong commitment to transparency and program funding, its high liabilities relative to assets could pose challenges to its financial sustainability. Continued monitoring of its financial health will be essential to ensure the fund can maintain its support for employees in need.
This AI summary has been generated from information found on Charity Navigator.
Is Sheetz Share The Love Employee Relief Fund legitimate?
Sheetz Share The Love Employee Relief Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheetz Share The Love Employee Relief Fund 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 Sheetz Share The Love Employee Relief Fund?
The Sheetz Share The Love Employee Relief Fund is established with the mission to carry out and pursue charitable activities, specifically providing relief to the employees of Sheetz, Inc. in times of disaster or hardship. The organization provides financial aid to eligible employees and their dependents through a well-structured disaster and hardship relief program, utilizing established criteria. The fund's establishment reflects Sheetz's concern for the well-being of its workforce, which has been further emphasized by recent natural disasters and the global pandemic of COVID-19. Application forms for relief grants are accessible to all Sheetz employees, and an approval committee reviews and approves applications based on merit.
Who is the CEO of Sheetz Share The Love Employee Relief Fund?
Anna Caporus is the Principal Officer of Sheetz Share The Love Employee Relief Fund.
What is the revenue of Sheetz Share The Love Employee Relief Fund?
Sheetz Share The Love Employee Relief Fund's revenue in 2022 was $720,624.
Who are the executives of Sheetz Share The Love Employee Relief Fund and what are their salaries?
There 10 volunteers at Sheetz Share The Love Employee Relief Fund.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sheetz Share The Love Employee Relief Fund?
Sheetz Share The Love Employee Relief Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheetz Share The Love Employee Relief Fund
The Sheetz Share the Love Employee Relief Fund is a charitable organization with a mission to provide relief to the employees of Sheetz, Inc. and their dependents. This is achieved through a Disaster and Hardship Relief Program, under which grants are distributed based on specific criteria. The fund serves as a safety net for Sheetz employees during times of personal hardship or natural disasters. The company's concern for the well-being of its workforce has been highlighted by the numerous natural disasters affecting various parts of the country and the global pandemic of COVID-19. The fund makes application forms for these relief grants available to all Sheetz employees, and a review committee carefully considers each application to approve those that warrant aid.
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Impact
July, 2024
The impact of Sheetz Share The Love Employee Relief Fund can be seen in the tangible relief provided to employees of Sheetz, Inc. during times of disaster and hardship. By offering grants through an established program, the organization assists employees and their dependents facing challenges such as natural disasters and the global COVID-19 pandemic. This direct support relieves financial burdens and demonstrates a commitment to employee welfare. Through a transparent process, the organization ensures that those in need receive assistance, embodying a spirit of philanthropy within the Sheetz community.
This information is meant to be a general summary of Sheetz Share The Love Employee Relief Fund. 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: -$1,457
- Gross Receipts: $830,356
Assets and Liabilities:
- Total Assets: $793,797
- Total Liabilities: $15,450
- Net Assets: $778,347
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Organization Details
Founding Year
2020
Phone
(814) 946-3611Principal Officer
Anna Caporus
Main Address
5700 6TH AVENUE, ALTOONA, PA, 16602
NTEE Category
Code: T21 - Philanthropy
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