Overview
What is Midland Foundation?
The Midland Foundation is a charitable organization situated in North Branch, New Jersey. Its primary objective is to foster educational and benevolent pursuits for Midland School, Inc. and Midland Adult Services, Inc., while also providing financial aid to enhance and expand their programs. The Foundation supports the Midland Corporation, an organization dedicated to caring for individuals with intellectual and developmental disabilities throughout their lives. The Midland Foundation raises funds through various means, such as grant writing, donations, estate planning, and special events, with the help of numerous volunteers. During the pandemic, the Foundation adapted its fundraising strategies, amplifying its social media presence, shifting events to virtual platforms, and forming new community partnerships. Ultimately, the Midland Foundation's mission is to empower self-advocacy, personal achievement, and foster independence for children and adults with intellectual and developmental disabilities through an array of innovative programs and services.
Official website here: www.midlandschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 72%)
The Midland Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas of its operations. While the foundation excels in accountability and finance, with a perfect score of 100% in this category, the overall score is significantly impacted by its program expense ratio, which stands at only 50.77%. This lower percentage suggests that less than half of its expenses are directed towards its programs, raising concerns about efficiency in fund allocation.
The organization benefits from a strong governance structure, highlighted by its majority independent board members and effective oversight practices. With a board composed entirely of independent members, as well as comprehensive policies for conflicts of interest and document retention, the foundation demonstrates good governance principles. These strengths contribute positively to its accountability rating.
However, the significant discrepancy between its financial accountability and its program spending indicates an area that requires attention. To enhance its overall impact and rating, the Midland Foundation may need to focus on increasing its program expenditures to ensure that more of its resources are being utilized effectively towards fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Midland Foundation legitimate?
Midland Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midland 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: $110,575
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,951
For more financial information, click here
Official website here: www.midlandschool.org
What is the mission statement of Midland Foundation?
The Midland Foundation's mission is centered around raising funds to enhance the programs and services offered by The Midland Corporation. This non-profit organization achieves this through various means, including grant writing, soliciting donations, and hosting special events. Volunteers also play a significant role in supporting the Foundation and its mission. The Midland Foundation's primary goal is to promote self-advocacy, personal achievement, and independence for individuals with intellectual and developmental disabilities. It achieves this by offering a variety of innovative programs, services, and supports, aiming to provide choice and range for these individuals, fostering their personal growth and fostering their independence. In response to the pandemic, the Foundation has adapted its fundraising strategies, amplifying its social media presence, shifting events to virtual platforms, and establishing new community partnerships.
Official website here: www.midlandschool.org
Who is the CEO of Midland Foundation?
Stacey Carr is the Secretary of Midland Foundation. The CEO's salary of Midland Foundation is $0 and their total compensation is $196,128.
Official website here: www.midlandschool.org
What is the revenue of Midland Foundation?
Midland Foundation's revenue in 2022 was $665,803.
Official website here: www.midlandschool.org
Who are the executives of Midland Foundation and what are their salaries?
The average compensation at Midland Foundation during 2022 was $59,842. There are 3 employees and 100 volunteers at Midland Foundation.
Here are 20 key members and their salaries (Midland Foundation's CEO's salary is $0 and their total compensation is $196,128):
- Compensation: $0
- Related: $183,849
- Other: $39,587
- Compensation: $0
- Related: $190,530
- Other: $5,598
- Compensation: $110,575
- Related: $0
- Other: $19,730
- Compensation: $0
- Related: $55,475
- Other: $15,152
- Compensation: $0
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- Other: $0
Official website here: www.midlandschool.org
Where can I find the form 990 for Midland Foundation?
Midland Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.midlandschool.org
Learn more at the official website: www.midlandschool.org
Mission Statement of Midland Foundation
The Midland Foundation, a dedicated organization, aims to collect funds to bolster the programs and services provided by The Midland Corporation. The Midland Corporation, in turn, offers a lifetime of care for individuals with intellectual and developmental disabilities. The Midland Foundation achieves this by engaging in grant writing, soliciting donations from individuals and corporations, and securing estate and planned gifts. Additionally, the Foundation leverages the support of numerous volunteers who wish to contribute to Midland's mission.
The Midland Foundation's mission is multifaceted. It primarily focuses on promoting self-advocacy, fostering personal achievement, and encouraging independence among children and adults with intellectual and developmental disabilities. The Foundation achieves this by offering a diverse range of innovative programs, services, and supports. By doing so, Midland strives to provide its beneficiaries with a choice, enabling them to lead fulfilling lives with as much independence as possible.
During the pandemic, Midland Foundation reimagined its fundraising strategies. It amplified its social media presence, transitioned events to virtual platforms, and forged new partnerships within its community to generate funds. These adaptive measures enabled the Foundation to continue its vital work, supporting individuals with intellectual and developmental disabilities even in challenging times.
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Impact
July, 2024
The impact of Midland Foundation is profound and far-reaching. Through its fundraising efforts, Midland Foundation directly supports the programs and services of The Midland Corporation, which provides a lifetime of care for individuals with intellectual and developmental disabilities. By raising funds through grant writing, soliciting donations, organizing special events, and engaging the community, Midland Foundation plays a crucial role in affirming financial support for the improvement and growth of Midland programs. This support enables Midland to promote self-advocacy, personal achievement, and foster independence for children and adults with disabilities by offering innovative programs, services, and supports. Despite challenges like the pandemic, Midland Foundation has adapted its fundraising strategies, amplified its social media presence, and forged new partnerships to continue its mission of empowering individuals with disabilities.
This information is meant to be a general summary of Midland 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: $93,750
- Gross Receipts: $1,445,411
Assets and Liabilities:
- Total Assets: $2,591,554
- Total Liabilities: $338,007
- Net Assets: $2,253,547
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Organization Details
Founding Year
1982
Phone
(908) 722-7210Principal Officer
Stacey Carr
Main Address
PO BOX 5026 READINGTON ROAD, NORTH BRANCH, NJ, 08876
Website
www.midlandschool.orgNTEE Category
Code: B20I - Education
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