Overview
What is Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co?
The Ford and Dora Wallick Trust Fbo YMCA of Miami Co In & Manchester Co is a nonprofit organization, as indicated by the trust agreement, with a specific mission. Located in Richmond, Indiana, this trust primarily supports the Miami County YMCA of Peru, Indiana, and Manchester College in Manchester, Indiana. The trust's purpose is to contribute to the betterment of these two entities, ultimately aiming to enrich the communities they serve. The exact nature of the support provided by the trust is not specified in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
The Ford And Dora Wallick Trust Fbo YMCA Of Miami Co In & Manchester Co holds a modest rating of 67%, indicating areas for improvement in its accountability and financial practices. While the organization excels in having a majority of independent board members and managing its liabilities effectively, it struggles in transparency, as evidenced by the absence of its tax form on its website and a lack of documented board meeting minutes.
Strengths include a strong program expense ratio, demonstrating that a significant portion of its funds is dedicated to its programs, which is crucial for donor trust. However, the organization has been marked down for not having key policies in place, such as a conflict of interest policy and a whistleblower policy, which could raise concerns about governance practices.
Overall, while the trust has some commendable aspects, it faces challenges in transparency and governance that could affect its operational effectiveness. Improvements in these areas could enhance its credibility and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co legitimate?
Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co 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: $15,447
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co?
The Ford and Dora Wallick Trust, acting as a fiduciary for the YMCA of Miami County in Peru, Indiana, and Manchester College in Manchester, Indiana, is committed to supporting these two organizations. Its mission is centered around providing aid to these institutions, thereby contributing to their ongoing operations and initiatives. The specifics of the support provided are outlined in a trust agreement, however, the details of this agreement are not provided in the given information.
Who is the CEO of Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co?
Alan Spears is the Trustee of Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co.
What is the revenue of Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co?
Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co's revenue in 2022 was $104,957.
Who are the executives of Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co and what are their salaries?
There is 1 key member and their salary:
- Compensation: $15,447
- Related: $0
- Other: $0
Where can I find the form 990 for Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co?
Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co
The Ford and Dora Wallick Trust Fbo YMCA of Miami Co In & Manchester Co is a charitable entity with a mission to support the Miami County YMCA of Peru, Indiana and Manchester College in Manchester, Indiana. Specifically, the trust aims to contribute to the well-being and growth of these two organizations, as outlined in the terms of the trust agreement. The Miami County YMCA and Manchester College both serve their respective communities, and the support provided by the Ford and Dora Wallick Trust helps ensure their continued operation and success. The specific ways in which the trust supports these organizations is not provided in the information provided, but it can be inferred that the support may take various forms, such as financial assistance or other resources. Overall, the Ford and Dora Wallick Trust Fbo YMCA of Miami Co In & Manchester Co is committed to contributing to the success of the Miami County YMCA and Manchester College in Indiana.
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Impact
October, 2024
The Ford and Dora Wallick Trust Fbo YMCA of Miami County IN & Manchester Co significantly impacts the local community by providing essential financial support to the Miami County YMCA in Peru, Indiana, and Manchester College in Manchester, Indiana. This funding helps enhance recreational, educational, and wellness programs at the YMCA, fostering a healthy community and promoting physical fitness, youth development, and social engagement.
Additionally, support for Manchester College aids in educational opportunities, funding scholarships, and resources that benefit students and the broader educational mission of the institution. The combined impact encourages community cohesion, personal development, and access to quality resources that improve the quality of life for residents in these areas.
This information is meant to be a general summary of Ford And Dora Wallick Trust Fbo Ymca Of Miami Co In & Manchester Co. 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: $104,854
- Gross Receipts: $232,966
Assets and Liabilities:
- Total Assets: $3,349,910
- Total Liabilities: $0
- Net Assets: $3,349,910
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Organization Details
Founding Year
1975
Phone
(765) 973-4209Principal Officer
Alan Spears
Main Address
PO BOX 937, RICHMOND, IN, 47375
NTEE Category
Code: T11 - Philanthropy
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