Overview
What is The Abundance Foundation Inc?
The Abundance Foundation Inc is a nonprofit organization that advocates for community resilience, encompassing health, sustainability, cultural preservation, and equality. One of their key initiatives is the Tall Grass Food Box platform, designed to bolster the sustainability of Black farmers. This initiative aims to enhance their visibility in the local marketplace and create opportunities for them to secure more space, thereby contributing to the viability of their small businesses.
Official website here: www.abundancenc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
The Abundance Foundation Inc has achieved an impressive score of 87%, reflecting solid accountability and financial health. With a strong commitment to governance, the organization boasts a fully independent board and has no reported material diversion of assets. These attributes contribute to its high ratings in categories like accountability and finance, highlighting its responsible operational practices.
The foundation excels in its program efficiency, with a program expense ratio of 79.54%, indicating that a significant portion of its funds is directed towards its mission. Additionally, it scores perfectly in both culture/community and equity strategies, showcasing its dedication to fostering an inclusive and supportive environment. The organization also maintains transparency with accessible documentation, including tax forms and board meeting minutes.
While the overall ratings are commendable, potential donors and supporters might consider the foundation's future objectives and initiatives to further enhance its impact. The strong governance and financial practices set a solid foundation for continued growth and effectiveness in addressing its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Abundance Foundation Inc legitimate?
The Abundance Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Abundance Foundation Inc submitted a form 990EZ, 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.
Official website here: www.abundancenc.org
What is the mission statement of The Abundance Foundation Inc?
The Abundance Foundation's mission is centered around promoting community resilience through various aspects. This includes health, sustainability, culture, and equality. One of their initiatives, the Tall Grass Food Box platform, is particularly noteworthy. This platform aims to support and boost the visibility of Black farmers, helping them secure a stronger presence in the local market. The ultimate goal is to aid these small businesses in becoming more sustainable and viable.
Official website here: www.abundancenc.org
Who is the CEO of The Abundance Foundation Inc?
Sarah Pohlig is the President of The Abundance Foundation Inc.
Official website here: www.abundancenc.org
What is the revenue of The Abundance Foundation Inc?
The Abundance Foundation Inc's revenue in 2022 was $0.
Official website here: www.abundancenc.org
Who are the executives of The Abundance Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.abundancenc.org
Where can I find the form 990EZ for The Abundance Foundation Inc?
The Abundance Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.abundancenc.org
Learn more at the official website: www.abundancenc.org
Mission Statement of The Abundance Foundation Inc
The Abundance Foundation, a nonprofit organization, is committed to fostering community resilience through various aspects including health, sustainability, culture, and equality. One of their significant initiatives is the Tall Grass Food Box platform. This platform serves to bolster the sustainability of Black farmers by amplifying their presence in the local marketplace and ensuring they secure valuable spaces for their businesses. The ultimate objective of this platform is to help these small businesses thrive and become even more financially viable.
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Impact
October, 2024
The Abundance Foundation Inc significantly enhances community resilience by focusing on health, sustainability, culture, and equality. Their Tall Grass Food Box platform champions Black farmers, elevating their visibility and creating essential opportunities for them within the local marketplace. By fostering these connections, the foundation not only supports the livelihood of small businesses but also bolsters the broader community's economic stability and cultural richness. The impact of their work is profound, as it nurtures a sustainable food system, promotes equity, and encourages the engagement of diverse cultural practices within the community in Pittsboro, NC.
This information is meant to be a general summary of The Abundance 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.
Assets and Liabilities:
- Total Assets: $183,630
- Total Liabilities: $0
- Net Assets: $183,630
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Organization Details
Phone
(919) 961-9985Principal Officer
Sarah Pohlig
Main Address
220 Lorax Lane, Pittsboro, NC, 27312
Website
www.abundancenc.orgNTEE Category
Code: T30 - Philanthropy
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