Overview
What is Six Flags Great Adventure Charitable Foundation Inc?
Six Flags Great Adventure Charitable Foundation Inc, located in Jackson, New Jersey, is a nonprofit organization that demonstrates a strong commitment to supporting the education of its employees. The foundation provides financial scholarships for higher education, enabling team members to pursue their academic goals. By offering these scholarships, the foundation contributes to the personal growth and development of its workforce, thereby enriching the overall community associated with Six Flags Great Adventure.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Six Flags Great Adventure Charitable Foundation Inc has received a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly in areas such as board independence and the presence of essential policies, which may raise questions about its governance and transparency. Despite these issues, the foundation has a strong program expense ratio of 98.10%, suggesting that the majority of its resources are directed towards its charitable missions.
One major strength noted is the foundation's management of assets, with no material diversion reported. However, the absence of independent board members and various key policies, such as conflict of interest and whistleblower protections, highlights a lack of oversight that could potentially impact the organization's credibility. Furthermore, the failure to provide a website and post necessary tax documentation raises additional concerns about transparency.
Overall, while the foundation demonstrates a commitment to its charitable programs, the significant governance and accountability issues indicated by its rating warrant attention from potential donors and stakeholders. Enhanced transparency and adherence to best practices could help improve its standing and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Six Flags Great Adventure Charitable Foundation Inc legitimate?
Six Flags Great Adventure Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Six Flags Great Adventure Charitable Foundation 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 Six Flags Great Adventure Charitable Foundation Inc?
The mission of Six Flags Great Adventure Charitable Foundation Inc, as stated, is centered around providing financial aid in the form of scholarships for higher education. This foundation extends this opportunity to employees of Six Flags Great Adventure, aiming to support their educational pursuits and personal growth. By offering these scholarships, the foundation contributes to the broader goal of fostering knowledge and skill development among its beneficiaries.
Who is the CEO of Six Flags Great Adventure Charitable Foundation Inc?
Mark Brooks is the Principal Officer of Six Flags Great Adventure Charitable Foundation Inc.
What is the revenue of Six Flags Great Adventure Charitable Foundation Inc?
Six Flags Great Adventure Charitable Foundation Inc's revenue in 2022 was $46,561.
Who are the executives of Six Flags Great Adventure Charitable Foundation Inc and what are their salaries?
There 30 volunteers at Six Flags Great Adventure Charitable Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 Six Flags Great Adventure Charitable Foundation Inc?
Six Flags Great Adventure Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Six Flags Great Adventure Charitable Foundation Inc
Six Flags Great Adventure Charitable Foundation, Inc., is committed to providing financial aid for higher education. This nonprofit organization's mission is centered around offering scholarships to employees of Six Flags Great Adventure. By doing so, it aims to support individuals in furthering their education, potentially opening doors to new opportunities and a brighter future. This philanthropic endeavor from the foundation demonstrates its dedication to the personal and professional growth of its associated workforce.
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Impact
August, 2024
Six Flags Great Adventure Charitable Foundation Inc's impact is significant in providing financial scholarships for higher education to employees of Six Flags Great Adventure. This support enables individuals to further their education and pursue their academic goals, helping to create opportunities for personal and professional growth. By offering these scholarships, the foundation plays a crucial role in supporting employees' educational aspirations and contributing to a skilled and educated workforce.
This information is meant to be a general summary of Six Flags Great Adventure Charitable Foundation 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: $165,913
Assets and Liabilities:
- Total Assets: $160,999
- Total Liabilities: $0
- Net Assets: $160,999
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Organization Details
Founding Year
1999
Phone
(972) 595-5000Principal Officer
Mark Brooks
Main Address
1 SIX FLAGS BLVD, JACKSON, NJ, 08527
NTEE Category
Code: B82 - Education
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