Overview
What is Rags For Riches Foundation?
The Rags for Riches Foundation is a nonprofit organization that functions with the primary goal of collecting funds for charitable causes. They achieve this by identifying and selecting suitable charitable organizations, which then receive grants from the foundation's board of directors. By doing so, the foundation contributes to various charitable initiatives, aiming to make a positive impact in the community and beyond. The foundation's mission is clear and focused, making it an active participant in the philanthropic sector.
Official website here: www.ragsforriches.org
Is Rags For Riches Foundation legitimate?
Rags For Riches Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rags For Riches Foundation 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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Official website here: www.ragsforriches.org
What is the mission statement of Rags For Riches Foundation?
The Rags for Riches Foundation's mission is centered around raising funds for charitable organizations. They accomplish this by carefully selecting qualified charities and providing them with grants, all managed by their board of directors. The foundation's primary objective is to channel financial resources towards these chosen charities. This initiative aims to support and contribute positively to various charitable causes.
Official website here: www.ragsforriches.org
What is the revenue of Rags For Riches Foundation?
Rags For Riches Foundation's revenue in 2023 was $69,543.
Official website here: www.ragsforriches.org
Who are the executives of Rags For Riches Foundation and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.ragsforriches.org
Where can I find the form 990 for Rags For Riches Foundation?
Rags For Riches Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ragsforriches.org
Learn more at the official website: www.ragsforriches.org
Mission Statement of Rags For Riches Foundation
The Rags for Riches Foundation is a philanthropic organization dedicated to raising funds for charitable causes. By assembling a distinguished board of directors, this foundation meticulously selects eligible charitable organizations that are subsequently granted financial aid. The primary objective of the Rags for Riches Foundation is to channel resources towards these chosen charities, thereby contributing to their noble endeavors.
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Impact
October, 2024
Rags For Riches Foundation significantly impacts communities by raising funds for various charitable organizations selected by its board of directors. By strategically directing grants to qualified charities, the foundation plays a crucial role in supporting a diverse range of causes and initiatives. This systematic approach not only bolsters the financial capacity of these organizations but also enhances their ability to serve those in need. Located in Culver City, CA, the foundation channels resources where they are most needed, fostering a positive ripple effect that benefits individuals and communities at large.
This information is meant to be a general summary of Rags For Riches Foundation. 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: $1
- Gross Receipts: $318,269
Assets and Liabilities:
- Total Assets: $174,542
- Total Liabilities: $0
- Net Assets: $174,542
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Organization Details
Founding Year
1993
Principal Officer
Michael Geller
Website
www.ragsforriches.orgNTEE Category
Code: Z99Z - Unknown
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