Overview
What is Pleasants Community Foundation Inc?
Pleasants Community Foundation Inc, located in Saint Marys, West Virginia (WV 26170), is a dedicated nonprofit organization. Its primary function involves managing various funds to address community needs and prospects. Throughout the year, the foundation receives donations and distributes grants, ensuring that legacies continue, lives are transformed, and deserving organizations can persist in their missions. The foundation's core activity revolves around building charitable funds to support the community's needs and opportunities. With a modest team of one employee, Pleasants Community Foundation Inc plays a significant role in contributing to the betterment of its community.
Official website here: www.pleasantscommunityfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, earning a Two-Star out of Four Star rating.
The Pleasants Community Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a below-average level of accountability and transparency. While the organization boasts a fully independent board with eight members and has been successful in maintaining a low liabilities-to-assets ratio, it lacks transparency in several key areas, particularly in financial reporting.
Strengths of the organization include its 100% independent board members and the absence of material diversions of assets, which are positive indicators of governance. However, the lack of financial statements and essential policies such as a whistleblower policy and document retention guidelines raise concerns about the foundation's overall accountability and operational practices.
Additionally, while the program expense ratio is relatively decent at 61.11%, the absence of publicly available financial documents and tax forms hinders potential donors from fully assessing the foundation's financial health. Overall, while Pleasants Community Foundation Inc demonstrates some strengths in governance, significant transparency issues must be addressed for it to improve its standing among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Pleasants Community Foundation Inc legitimate?
Pleasants Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pleasants Community Foundation 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:
Executive Compensation: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.pleasantscommunityfoundation.com
What is the mission statement of Pleasants Community Foundation Inc?
The Pleasants Community Foundation Inc's mission is centered around establishing charitable funds that cater to community needs and potential opportunities. By managing various funds, the foundation aims to support worthy causes, foster transformation in people's lives, and enable organizations to continue their mission-driven work. Donations are consistently received, and grants are distributed throughout the year, thereby allowing legacies to endure and communities to thrive.
Official website here: www.pleasantscommunityfoundation.com
Who is the CEO of Pleasants Community Foundation Inc?
Dianna Lewis is the President of Pleasants Community Foundation Inc.
Official website here: www.pleasantscommunityfoundation.com
What is the revenue of Pleasants Community Foundation Inc?
Pleasants Community Foundation Inc's revenue in 2022 was $617,349.
Official website here: www.pleasantscommunityfoundation.com
Who are the executives of Pleasants Community Foundation Inc and what are their salaries?
The average compensation at Pleasants Community Foundation Inc during 2022 was $20,000. There is 1 employee at Pleasants Community Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pleasantscommunityfoundation.com
Where can I find the form 990 for Pleasants Community Foundation Inc?
Pleasants Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pleasantscommunityfoundation.com
Learn more at the official website: www.pleasantscommunityfoundation.com
Mission Statement of Pleasants Community Foundation Inc
Pleasants Community Foundation Inc is committed to building charitable funds that cater to the needs and opportunities within the community. Their mission is to manage various funds, accepting donations throughout the year. These donations are then distributed as grants, allowing legacies to endure, lives to be transformed, and deserving organizations to continue their noble work. By doing so, Pleasants Community Foundation Inc plays a significant role in enabling the continuity of these organizations' missions, thereby making a tangible impact on the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Pleasants Community Foundation Inc has a significant impact on the community by building charitable funds that support various needs and opportunities. The foundation manages multiple funds that cater to community needs and opportunities, ensuring that legacies can continue, lives can be positively impacted, and deserving organizations can sustain their missions. Through the receipt of donations and granting of funds, the foundation plays a vital role in enabling positive change and growth within the community of Saint Marys, West Virginia.
This information is meant to be a general summary of Pleasants Community Foundation 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: $416,428
- Program Service Revenue: $200,921
- Gross Receipts: $2,355,604
Assets and Liabilities:
- Total Assets: $3,138,554
- Total Liabilities: $1,420
- Net Assets: $3,137,134
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY SUPPORT
Revenue
$102,199
SCHOLARSHIP PROGRAM
Revenue
$93,842
CEMETERY SUPPORT
Revenue
$4,880
Organization Details
Founding Year
2005
Principal Officer
Dianna Lewis
Main Address
309 SECOND STREET, SAINT MARYS, WV, 26170
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Pleasants Community Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.