Overview
What is Comm Foundation Of Carroll County Inc?
Comm Foundation of Carroll County Inc is a nonprofit organization located at 721 N Main St, Carroll, Iowa 51401. Their primary mission involves administering various charitable funds, with a significant portion coming from the State of Iowa. These funds are intended for the betterment of Carroll and Sac counties, focusing on enhancing cultural, educational, and recreational opportunities, as well as improving public health and safety in local communities. The nonprofit also provides grants to eligible projects that align with their charitable objectives, benefiting community citizens and governmental organizations. In the current year, they awarded 33 grants for projects ranging from infrastructure improvements to art projects and general education support for public schools. Comm Foundation of Carroll County Inc strictly adheres to federal and state requirements, as well as the National Standards for Community Foundations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
The Comm Foundation of Carroll County Inc has received a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong accountability and financial management practices. With a score of 94%, the organization demonstrates effective governance, evidenced by its fully independent board and sound financial reporting practices. The absence of any material diversion of assets and a strong conflict of interest policy further reinforces its commitment to transparency.
The foundation excels in program efficiency, boasting a program expense ratio of 94.10%, indicating that a significant majority of its funds are directed towards its charitable activities. This high percentage suggests that the organization is focused on maximizing its impact in the community it serves. Additionally, it maintains sound financial practices with a liabilities to assets ratio of 0.00%, showcasing its financial stability.
While the organization has received high marks across various accountability metrics, potential donors and supporters may still seek to understand the specific programs and outcomes associated with the foundation's efforts. Overall, the Comm Foundation of Carroll County Inc stands out as a reputable nonprofit committed to responsible stewardship of resources and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Comm Foundation Of Carroll County Inc legitimate?
Comm Foundation Of Carroll County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Comm Foundation Of Carroll County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Comm Foundation Of Carroll County Inc?
The Comm Foundation of Carroll County Inc's mission is centered around managing various charitable funds. A significant portion of these funds comes from the State of Iowa, intended for the betterment of citizens residing in Carroll and Sac counties. The organization's purpose extends to the administration and growth of 501(c)(3) endowment funds, which include those established under state statute for each county, all benefiting Iowa's citizens. In summary, the Comm Foundation of Carroll County Inc is dedicated to managing and enhancing charitable funds for the welfare of Iowa's citizens in Carroll and Sac counties.
Who is the CEO of Comm Foundation Of Carroll County Inc?
Jessica Morton is the Vice President of Comm Foundation Of Carroll County Inc. The CEO's salary of Comm Foundation Of Carroll County Inc is $0 and their total compensation is $0.
What is the revenue of Comm Foundation Of Carroll County Inc?
Comm Foundation Of Carroll County Inc's revenue in 2023 was $537,575.
Who are the executives of Comm Foundation Of Carroll County Inc and what are their salaries?
There 9 volunteers at Comm Foundation Of Carroll County Inc.
Here are 9 key members and their salaries (Comm Foundation Of Carroll County Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Comm Foundation Of Carroll County Inc?
Comm Foundation Of Carroll County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Comm Foundation Of Carroll County Inc
Comm Foundation of Carroll County Inc is dedicated to serving the citizens of Carroll and Sac counties in Iowa. The primary mission of this organization is to manage and expand various charitable funds, which include funds provided by the State of Iowa. One of their key responsibilities involves administering and growing 501(c)(3) endowment funds. These funds, created under state statute for each county, aim to benefit Iowa's citizens. By managing these funds effectively, Comm Foundation of Carroll County Inc contributes to the well-being and support of the local community.
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Impact
July, 2024
Comm Foundation Of Carroll County Inc plays a crucial role in administering and growing various charitable funds, including those received from the State of Iowa for the benefit of Carroll and Sac counties. The organization directly administers multiple funds, ensuring compliance with federal and state requirements as well as National Standards for Community Foundations. Through its efforts, the organization supports a wide range of projects that benefit the community, such as providing funding for fire department gear, daycare facilities, sports facilities, educational resources, public health initiatives, and more. Overall, Comm Foundation Of Carroll County Inc positively impacts the citizens of Carroll County and Sac County by enhancing cultural, educational, recreational, and public health opportunities within the local communities.
This information is meant to be a general summary of Comm Foundation Of Carroll County 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 2023.
- Investment Income: -$24,200
- Gross Receipts: $1,175,620
Assets and Liabilities:
- Total Assets: $1,856,771
- Total Liabilities: $0
- Net Assets: $1,856,771
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Organization Details
Phone
(712) 792-3508Principal Officer
Jessica Morton
Main Address
721 N Main St, Carroll, IA, 51401
NTEE Category
Code: T31 - Philanthropy
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