At RideRescue, we recognize that donors often have legitimate concerns regarding the integrity of charities. This skepticism is important, as it reflects a commitment to ensuring that your donations are used effectively. In response, we have established a rigorous multi-step vetting process for all potential charity partners to guarantee their legitimacy and accountability.
This page outlines the comprehensive steps we take before a nonprofit can become a proceeds recipient. We believe that transparency should be the norm, not an exception, and we are dedicated to providing you with the information you need to feel confident in your contributions.
✓Key facts you can verify
- Verified IRS 501(c)(3) status through pub78 and EIN database.
- State charitable registration confirmed for the state of operation.
- Form 990 reviewed with a preference for a program-expense ratio of 70% or more.
- Checked against Charity Navigator, BBB Wise Giving Alliance, and GuideStar standards.
- Board governance verified to ensure no self-dealing occurs.
- Conducted complaint-history search through relevant authorities.
- Annual re-verification of all charity partners' compliance.
How it works, step by step
IRS Verification
We start by verifying the charity's IRS 501(c)(3) status through the pub78 and EIN database to ensure legitimacy and tax-exempt status. This initial step prevents issues related to anonymous principals or non-compliance with federal regulations.
State Registration Check
Next, we confirm that the charity is properly registered with the state where it operates. If the charity's state registration is lapsed or not applicable, it is immediately disqualified from consideration.
Form 990 Review
We conduct an in-depth review of the charity's Form 990 filings, looking for a program-expense ratio of at least 70%. Charities with ratios below 60% are flagged as potential red flags for mismanagement.
Governance and Complaints
We verify board governance to ensure no self-dealing via related-party transactions. Additionally, we search for any complaint history with the Attorney General to identify any concerns raised by the public.
Annual Re-verification
Finally, we ensure an annual re-verification process to maintain an up-to-date understanding of each charity's compliance and effectiveness, safeguarding our donors' interests continuously.
Verify it yourself
✓ IRS pub78 Lookup
How: Donors can verify a charity's IRS 501(c)(3) status by checking the IRS pub78 database, which lists eligible organizations. This ensures that the charity is recognized as tax-exempt and compliant.
✓ Charity Navigator Search
How: Utilizing Charity Navigator, donors can assess a charity's financial health and transparency ratings. This platform provides insights into how effectively charities utilize their funding.
✓ Attorney General Registry
How: Conduct a search through the state Attorney General's office for any registered charities. This will inform donors about any complaints or actions taken against the charity.
✓ Form 990 Retrieval
How: Donors can access a charity's Form 990 filings through various online resources. These documents reveal key financial information, including revenue, expenses, and program spending.
✓ Better Business Bureau
How: Check the BBB Wise Giving Alliance to confirm the charity's compliance with ethical standards and to see if any complaints have been filed against them.
Real impact, real numbers
Through our vetting process, we have partnered with local nonprofits that have made significant impacts in our community. For instance, last year, we supported a charity that provided over 1,000 meals to families in need, utilizing 85% of their funds directly for these programs. This resulted in an increase in food security for many households, showcasing how effective our partners are when backed by trustworthy processes.
Little Rock oversight
In Little Rock and Arkansas, charities are overseen by the state’s charity registrar and the Attorney General’s office, which enforces regulations and handles complaints. Donors can report issues or seek information from these offices. Additionally, local consumer protection resources are available to help donors make informed decisions about where to contribute their funds.
FAQ
What if a charity has a low program ratio?
How often do charities need to be re-verified?
Are newly established charities considered?
Can I see a charity's complaint history?
What does self-dealing mean?
How can I feel confident in my donations?
What if a charity fails the vetting process?
More transparency pages
Your trust is paramount, and we invite you to explore our charity partners and their missions. By donating with RideRescue, you can rest assured that your contributions are making a tangible difference in the community. Join us in our mission to support verified charities that are committed to transparency and impactful work.