Overview
What is Mount Vernonskagit Rotary Charitable Organization?
Mount Vernonskagit Rotary Charitable Organization is a nonprofit established in Mount Vernon, Washington. Their primary goal is to support young people from Skagit County by providing funding to various community programs and organizations. These initiatives aim to foster academic growth, promote physical fitness, boost self-esteem, and guide career choices. They strive to make a difference in the lives of local youth by contributing to initiatives that align with these objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Mount Vernonskagit Rotary Charitable Organization has received a score of 73%, which translates to a Two-Star rating. This rating is primarily based on its strong performance in Accountability and Finance metrics, indicating a solid commitment to financial stewardship. Key strengths include a fully independent board with 15 members, no material diversion of assets, and thorough documentation of board meeting minutes.
Financially, the organization demonstrates a strong program expense ratio of 95.63%, signaling that a significant portion of its funds is directed towards its charitable programs rather than administrative costs. The liabilities to assets ratio is also excellent at 0.00%, reflecting no debt, which further underscores the charity's financial stability.
However, the overall rating of Two Stars suggests that while the organization excels in financial accountability, there may be areas for improvement in other aspects not captured by the current scoring. Continuous evaluation of its operations and transparency could help enhance its rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Vernonskagit Rotary Charitable Organization legitimate?
Mount Vernonskagit Rotary Charitable Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Vernonskagit Rotary Charitable Organization 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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What is the mission statement of Mount Vernonskagit Rotary Charitable Organization?
The Mount Vernon Skagit Rotary Charitable Organization is dedicated to supporting the growth and development of young people in Skagit County, Washington. Their primary mission is to enhance academic pursuits, promote physical fitness, boost self-esteem, and aid in career choices for the local youth. To achieve this, they provide funding to various community programs and organizations that offer services in these areas. Their ultimate goal is to contribute positively to the personal and professional development of young individuals in Skagit County.
Who is the CEO of Mount Vernonskagit Rotary Charitable Organization?
Ryan Lemos is the President of Mount Vernonskagit Rotary Charitable Organization.
What is the revenue of Mount Vernonskagit Rotary Charitable Organization?
Mount Vernonskagit Rotary Charitable Organization's revenue in 2023 was $172,499.
Who are the executives of Mount Vernonskagit Rotary Charitable Organization and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for Mount Vernonskagit Rotary Charitable Organization?
Mount Vernonskagit Rotary Charitable Organization's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mount Vernonskagit Rotary Charitable Organization
Mount VernonSkagit Rotary Charitable Organization is committed to supporting the growth and development of young people in Skagit County, Washington. Their primary focus is on fostering academic success, promoting physical fitness, boosting self-esteem, and aiding in career choices for this demographic. The organization accomplishes this mission by providing funding to various community programs and organizations that offer services tailored towards these objectives. By investing in these initiatives, Mount VernonSkagit Rotary Charitable Organization seeks to empower young people in Skagit County, helping them to thrive and reach their full potential.
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Impact
October, 2024
Mount Vernonskagit Rotary Charitable Organization significantly impacts young people in Skagit County, Washington, by supporting their academic pursuits, physical fitness, self-esteem, and career choices. By providing funding to various community programs and organizations, it plays a vital role in enhancing the resources available to youth. This support enables young individuals to access opportunities that foster their educational growth, promote healthy lifestyles, and build confidence in their abilities. Ultimately, the organization's efforts contribute to shaping a brighter future for the community's youth, empowering them to reach their full potential.
This information is meant to be a general summary of Mount Vernonskagit Rotary Charitable Organization. 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 2023.
- Investment Income: $176
- Gross Receipts: $232,685
Assets and Liabilities:
- Total Assets: $257,192
- Total Liabilities: $0
- Net Assets: $257,192
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Organization Details
Founding Year
1995
Phone
(360) 708-6733Principal Officer
Ryan Lemos
Main Address
PO BOX 2174, MOUNT VERNON, WA, 98273
NTEE Category
Code: T50Z - Philanthropy
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