Overview
What is Tex Everson Humanitarian Endowment Inc?
Tex Everson Humanitarian Endowment Inc, based in La Verne, California, serves as a financial support system for the charitable initiatives of the Rotary Club of Covina-Sunrise. This nonprofit organization's mission is to sustain and fund special projects that aim to benefit the community, aligning with the Rotary Club's objectives for social welfare. The organization's activities are focused on providing financial backing for various charitable endeavors, contributing to the broader goals of the Rotary Club and promoting community development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Tex Everson Humanitarian Endowment Inc has received a 73% rating from Charity Navigator, indicating a Two-Star status. This rating is based solely on its Accountability & Finance score, reflecting the organization's financial health and governance practices. A strong emphasis is placed on the charity's financial transparency and responsible management, which are crucial for building trust among donors and the community.
The organization demonstrates significant strengths, including a board composed entirely of independent members, achieving a perfect score in this category. Additionally, it has reported no material diversion of assets and maintains a healthy liabilities-to-assets ratio of 0.00%. With a high program expense ratio of 93.94%, the charity allocates a substantial portion of its resources directly to its programs, showcasing its commitment to fulfilling its mission.
However, despite these positives, the overall Two-Star rating suggests there may be room for improvement in areas not fully evaluated within the accountability framework. While the financial management appears sound, prospective donors might want to consider the broader context of the charity's operational effectiveness and impact before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Tex Everson Humanitarian Endowment Inc legitimate?
Tex Everson Humanitarian Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tex Everson Humanitarian Endowment 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:
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What is the mission statement of Tex Everson Humanitarian Endowment Inc?
The Tex Everson Humanitarian Endowment Inc is established with the mission to offer financial aid for the charitable initiatives of the Rotary Club of Covina-Sunrise. This organization's primary purpose is to support the sustaining and special charitable projects of the Rotary Club, contributing to their social welfare endeavors. The endowment aims to provide the necessary financial resources that help the Rotary Club of Covina-Sunrise in executing their humanitarian projects effectively.
Who is the CEO of Tex Everson Humanitarian Endowment Inc?
David A Little is the Director of Tex Everson Humanitarian Endowment Inc.
What is the revenue of Tex Everson Humanitarian Endowment Inc?
Tex Everson Humanitarian Endowment Inc's revenue in 2022 was $23,064.
Who are the executives of Tex Everson Humanitarian Endowment Inc and what are their salaries?
There 9 volunteers at Tex Everson Humanitarian Endowment Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Tex Everson Humanitarian Endowment Inc?
Tex Everson Humanitarian Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tex Everson Humanitarian Endowment Inc
Tex Everson Humanitarian Endowment Inc is an organization dedicated to providing financial support for the charitable projects of the Rotary Club of Covina-Sunrise. The primary purpose of this nonprofit is to sustain and fund special charitable initiatives undertaken by the Rotary Club of Covina-Sunrise, a public benefit organization that operates for the betterment of society. By offering financial assistance, Tex Everson Humanitarian Endowment Inc plays a crucial role in enabling the Rotary Club of Covina-Sunrise to carry out its noble endeavors, ultimately contributing to the well-being of various communities.
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Impact
August, 2024
Tex Everson Humanitarian Endowment Inc's impact is significant in providing financial support for the charitable projects of the Rotary Club of Covina-Sunrise. By supporting sustaining and special charitable initiatives, this organization contributes to enhancing social welfare and public safety in the community.
This information is meant to be a general summary of Tex Everson Humanitarian Endowment 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.
- Investment Income: $20,334
- Gross Receipts: $136,261
Assets and Liabilities:
- Total Assets: $490,883
- Total Liabilities: $0
- Net Assets: $490,883
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Organization Details
Founding Year
1989
Phone
(310) 709-8145Principal Officer
David A Little
Main Address
7056 LINDA LANE, LA VERNE, CA, 917501228
NTEE Category
Code: M00 - Public safety
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