Overview
What is Eastland Community Foundation?
The Eastland Community Foundation is a nonprofit organization situated in Eastland, Texas. With a single employee, they work diligently to preserve and advance a family-oriented environment in the community. They have established a comprehensive meeting and work setting to cater to the needs of Eastland's residents. The organization's mission is centered around providing a supportive environment that fosters the well-being and growth of families in Eastland, Texas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
The Eastland Community Foundation has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 73%. This rating reflects a solid performance in several areas, particularly in governance and financial management, as evidenced by perfect scores for having a majority of independent board members and a strong liabilities to assets ratio. Additionally, the foundation demonstrates a commendable program expense ratio, indicating that a significant portion of their resources is directed towards their programs.
However, the foundation has room for growth, particularly highlighted by its lower score in documenting board meeting minutes. This area of concern suggests potential issues with transparency and communication within the organization. Stakeholders may want to keep these factors in mind when considering support for the foundation, as improving these aspects could enhance their overall effectiveness and accountability.
Overall, while the Eastland Community Foundation exhibits strengths in governance and financial health, the need for improvement in transparency and documentation practices remains a significant limitation. Continued efforts in these areas could bolster their reputation and impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Eastland Community Foundation legitimate?
Eastland Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastland Community 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: $45,434
For more financial information, click here
What is the mission statement of Eastland Community Foundation?
The Eastland Community Foundation is committed to preserving and advancing a family-oriented environment. Their mission lies in creating a complete meeting and work setting, with a focus on fostering a supportive family environment. Their efforts aim to contribute positively to the wellbeing of the community they serve.
Who is the CEO of Eastland Community Foundation?
Mike Perry is the Director of Eastland Community Foundation.
What is the revenue of Eastland Community Foundation?
Eastland Community Foundation's revenue in 2022 was $215,977.
Who are the executives of Eastland Community Foundation and what are their salaries?
The average compensation at Eastland Community Foundation during 2022 was $45,434. There is 1 employee at Eastland Community Foundation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Eastland Community Foundation?
Eastland Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Eastland Community Foundation
The Eastland Community Foundation, a dedicated organization, is committed to the preservation and advancement of a family environment. Their mission revolves around fostering an atmosphere that prioritizes family values and well-being. The foundation provides a comprehensive meeting and work setting, aiming to create an environment conducive to the betterment of families. By doing so, they strive to establish a supportive community that nurtures and strengthens family bonds.
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Impact
June, 2024
Eastland Community Foundation has had a significant impact on the preservation and advancement of a family environment in Eastland, TX. By providing a complete meeting and work setting for the community, the foundation has played a vital role in fostering a sense of togetherness and cooperation among residents. Its dedication to preserving and enhancing the family environment in Eastland has contributed to the overall well-being and cohesion of the community.
This information is meant to be a general summary of Eastland Community 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 2022.
- Investment Income: $76
- Program Service Revenue: $65,609
- Gross Receipts: $215,977
Assets and Liabilities:
- Total Assets: $627,189
- Total Liabilities: $136,719
- Net Assets: $490,470
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING RENT
Revenue
$34,784
EISD
Revenue
$25,000
OFFICE LEASE
Revenue
$5,825
Organization Details
Principal Officer
Mike Perry
Main Address
PO BOX 896, EASTLAND, TX, 76448
NTEE Category
Code: C199 - Environment
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