Overview
What is Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc?
Pendleton Round-Up Foundation and Pendleton Round-Up Holdings LLC, located in Pendleton, Oregon, is a nonprofit organization with a strong commitment to supporting local and surrounding communities. They contribute to various educational, research, and community activities, and organize special events to collect donations for other non-profits, such as the Justin Cowboy Crisis Fund, which aids severely injured rodeo contestants. In addition to financial contributions, this foundation lends personal property to the community to facilitate an annual commemoration depicting the lives of early explorers and Native Americans in the 1800s.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars
The Pendleton Round-Up Foundation and Pendleton Round-Up Holdings LLC received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding their accountability and financial practices. With an overall score of 27%, the organization struggles to meet basic transparency and operational standards required for effective nonprofit management. While it boasts a fully independent board, it falls short in essential areas such as financial reporting and adherence to governance policies.
One notable strength is the organization’s independent governance structure, with 100% of board members being independent, which is crucial for reducing conflicts of interest. However, this positive aspect is overshadowed by the absence of key financial documents and policies, including missing financial statements and a conflict of interest policy. The lack of these important documents undermines trust and raises questions about the organization's financial health and decision-making processes.
Additionally, the program expense ratio is alarmingly low at 12.01%, suggesting that the majority of resources are not being directed towards mission-related activities. The absence of a website listed on their tax form further complicates transparency efforts. Without significant improvements in these areas, the Pendleton Round-Up Foundation may struggle to gain public confidence and support.
This AI summary has been generated from information found on Charity Navigator.
Is Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc legitimate?
Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc 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
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What is the mission statement of Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc?
The Pendleton Round-Up Foundation and Pendleton Round-Up Holdings LLC, a subsidiary of the foundation, contributes to various educational, research, and community activities in the local and surrounding areas. They organize special events to collect donations, which are then directed towards supporting other non-profit organizations, such as the Justin Cowboy Crisis Fund, which aids severely injured rodeo contestants. Additionally, the foundation lends its personal property to the community to facilitate an annual commemoration, depicting the life of early explorers and Native Americans in the 1800s. The organization's contributions and events aim to enhance the community, providing support and education to its members.
Who is the CEO of Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc?
Marv Anderson is the Vice President of Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc.
What is the revenue of Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc?
Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc's revenue in 2022 was $970,030.
Who are the executives of Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc?
Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc
Pendleton Round-Up Foundation and Pendleton Round-Up Holdings LLC, a subsidiary of the foundation, are committed to contributing to educational, research, and community activities in the local and surrounding areas. They organize special events to collect donations for various non-profit organizations, such as the Justin Cowboy Crisis Fund, which provides support to severely injured rodeo contestants. Additionally, the foundation loans personal property to the community to facilitate an annual commemoration depicting the life of early explorers and Native Americans during the 1800s. This commemoration serves as a significant event in the community, showcasing its rich history and cultural heritage. The foundation's activities are geared towards supporting the community and promoting educational and research initiatives, while also honoring the region's historical past.
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Impact
July, 2024
The Pendleton Round-Up Foundation and Pendleton Round-Up Holdings LLC have a significant impact on the local and surrounding communities by contributing to various educational, research, and community activities. They organize special events to collect donations that support other non-profits like the Justin Cowboy Crisis Fund, which provides assistance to severely injured rodeo contestants. Additionally, the foundation loans personal property to the community for an annual commemoration showcasing the life of early explorers and Native Americans in the 1800s. Their initiatives contribute to the cultural richness and well-being of the area.
This information is meant to be a general summary of Pendleton Round-Up Foundation And Pendleton Round-Up Holdings Llc. 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: $11
- Gross Receipts: $1,048,713
Assets and Liabilities:
- Total Assets: $24,535,024
- Total Liabilities: $5,151,732
- Net Assets: $19,383,292
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Organization Details
Founding Year
1987
Phone
(541) 379-2448Principal Officer
Marv Anderson
Main Address
PO BOX 271, PENDLETON, OR, 97801
NTEE Category
Code: A840 - Arts
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