Overview
What is Reno Gem And Mineral Society Inc?
Reno Gem and Mineral Society Inc is a nonprofit organization, headquartered in an unspecified location. They generate income through various sources such as craft fairs, class fees, general meetings, membership fees, badges, open house events, raffle sales, and profits from their own shop. Their primary mission, as outlined in their schedule, is not explicitly given, but it appears that they may organize activities and events to promote and educate about gems and minerals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Reno Gem And Mineral Society Inc has received a modest rating of 73% from Charity Navigator, reflecting some strengths in its governance and financial management. The organization boasts a fully independent board and demonstrates excellent accountability with a strong program expense ratio of 99.72%, indicating that the majority of its funds are directed towards its programs.
However, the organization also has notable limitations that have impacted its overall score. Key policies such as conflict of interest and whistleblower protections are missing, which raises concerns about transparency and accountability. Additionally, the absence of its website link on tax forms and other documentation could hinder access to important information for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Reno Gem And Mineral Society Inc legitimate?
Reno Gem And Mineral Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reno Gem And Mineral Society 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
What is the mission statement of Reno Gem And Mineral Society Inc?
The Reno Gem and Mineral Society Inc generates revenue from multiple sources, including craft fairs, class fees, general meetings, memberships, badges, open house events, raffle sales, and their shop. However, it does not appear that there is a specific, declared mission statement provided for this organization. Their activities primarily revolve around fundraising and educational events.
Who is the CEO of Reno Gem And Mineral Society Inc?
Dean Sizemore is the Not Applicable of Reno Gem And Mineral Society Inc.
What is the revenue of Reno Gem And Mineral Society Inc?
Reno Gem And Mineral Society Inc's revenue in 2022 was $163,422.
Who are the executives of Reno Gem And Mineral Society Inc and what are their salaries?
There 275 volunteers at Reno Gem And Mineral Society Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Reno Gem And Mineral Society Inc?
Reno Gem And Mineral Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reno Gem And Mineral Society Inc
The Reno Gem and Mineral Society is a non-profit organization that generates income through various means to fulfill its mission. Primarily, the Society hosts craft fairs, leveraging these events to raise funds for its cause. In addition, it derives income from class fees, general meetings, and membership subscriptions, including the sale of badges. The organization also conducts open house events, raffle sales, and manages a shop, all serving as revenue sources. These diverse income streams enable the Society to pursue its objective effectively.
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Impact
June, 2024
The Reno Gem And Mineral Society Inc has a significant impact on promoting education and appreciation for gemstones and minerals. Through its various activities such as craft fairs, classes, general meetings, open house events, and raffle sales, the organization provides opportunities for individuals to learn more about the Earth's natural treasures. Additionally, the society's focus on promoting the study and conservation of these resources aligns with its commitment to environmental stewardship. Overall, the Reno Gem And Mineral Society Inc plays a crucial role in fostering a community of enthusiasts who value and protect our planet's mineral resources.
This information is meant to be a general summary of Reno Gem And Mineral Society 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.
- Program Service Revenue: $121,286
- Gross Receipts: $163,422
Assets and Liabilities:
- Total Assets: $776,570
- Total Liabilities: $354,370
- Net Assets: $422,200
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CRAFT FAIRS
Revenue
$55,224
CLASS FEE INCOME
Revenue
$22,063
GENERAL MEETING INCOME
Revenue
$1,222
JACKPOT OF GEMS
Revenue
$2,458
DEALER FEES
Revenue
$15,104
Organization Details
Founding Year
1966
Phone
(775) 356-8820Principal Officer
Dean Sizemore
Main Address
480 S ROCK BLVD, SPARKS, NV, 89431
NTEE Category
Code: C11 - Environment
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