Overview
What is Penny Pitch?
Penny Pitch is a civic organization situated in Lewisburg, West Virginia, specifically at 383 Alderson Street. This nonprofit organization is committed to assisting those in need, particularly during the Christmas season. Their primary mission is to provide essential amenities such as food, utilities, housing, and other necessities to the community, ensuring that less fortunate individuals do not go without during challenging times. Their activities align with their mission, positioning Penny Pitch as a beacon of support during disasters and periods of hardship.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
Penny Pitch has received a rating of 70% from Charity Navigator, indicating a need for improvement in its operational effectiveness despite strong marks in accountability and finance. The organization scored a perfect 100% in this area, reflecting its commitment to transparency and responsible financial management.
The nonprofit boasts an entirely independent board, which is a positive aspect, showing strong governance practices. Additionally, Penny Pitch demonstrates excellent financial health, with no liabilities relative to its assets and an impressive program expense ratio of 98.60%, suggesting that the majority of funds are directed towards its programs rather than administrative costs.
However, the two-star rating signifies that while the organization performs well in terms of financial accountability, there are areas that could be enhanced to improve overall effectiveness and impact. Addressing these limitations could lead to a stronger overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Penny Pitch legitimate?
Penny Pitch is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penny Pitch 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 Penny Pitch?
Penny Pitch, as a civic organization, is dedicated to assisting individuals who are less fortunate in times of disaster and need. Its mission is to provide essential necessities such as food, utilities, housing, and other necessary items to the community members, particularly during the Christmas season for those in need. The organization's goal is to offer support and relief during challenging times, contributing to the well-being and resilience of the community.
Who is the CEO of Penny Pitch?
Larry S Napier is the President of Penny Pitch.
What is the revenue of Penny Pitch?
Penny Pitch's revenue in 2022 was $64,254.
Who are the executives of Penny Pitch and what are their salaries?
There 50 volunteers at Penny Pitch.
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 Penny Pitch?
Penny Pitch's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Penny Pitch
Penny Pitch, a civic organization, is committed to assisting those less fortunate in times of disaster and need. Their mission is centered around providing essential resources to their community members during the Christmas season. This includes essentials such as food, utilities, housing, and other necessities. By doing so, Penny Pitch aims to offer a helping hand to those in need, demonstrating their dedication to supporting their community during challenging times.
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Impact
August, 2024
Penny Pitch provides critical support to members of the Lewisburg community who are less fortunate, particularly during times of disaster and need. The organization offers assistance in the form of food, utilities, housing, and other necessities, with a focus on helping those in need during the Christmas season. By addressing these fundamental needs, Penny Pitch plays a vital role in ensuring the well-being and stability of community members facing challenging circumstances.
This information is meant to be a general summary of Penny Pitch. 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: $114
- Gross Receipts: $64,254
Assets and Liabilities:
- Total Assets: $84,246
- Total Liabilities: $0
- Net Assets: $84,246
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Organization Details
Founding Year
1989
Phone
(304) 645-5547Principal Officer
Larry S Napier
Main Address
383 ALDERSON STREET, LEWISBURG, WV, 24901
NTEE Category
Code: P20 - Human services
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