Overview
What is Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv?
Heart of Ohio BSA Trust Co Park National Bank Trust & Inv Serv is a nonprofit organization with a specific mission to provide financial support to the Boy Scouts of America. Although the description provided is limited, it is inferred that they contribute funds to this renowned youth organization. The organization's purpose aligns with the Boy Scouts of America's mission of developing young people into responsible, well-rounded individuals through leadership, character development, and outdoor activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60%, Two-Star out of Four Star Rating
Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv has received a 60% score from Charity Navigator, which translates to a Two-Star rating. This score reflects a moderate level of accountability and financial health, highlighting strengths such as an independent board and a solid program expense ratio of 93.79%. The absence of material asset diversion further underscores financial integrity.
However, the organization faces significant limitations, indicated by missing policies such as a conflict of interest policy and a whistleblower policy. These omissions could impact its governance and transparency, leading to concerns among potential donors about the charity's operational practices. Additionally, the lack of documented board meeting minutes raises questions about the decision-making process within the organization.
Overall, while Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv demonstrates strong financial management and independence, the deficiencies in policy documentation could hinder its effectiveness and public trust. Prospective donors may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv legitimate?
Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv 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: $11,047
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv?
The Heart of Ohio BSA Trust Co Park National Bank Trust & Inv Serv's primary objective is to provide financial support to the Boy Scouts of America. This support is instrumental in furthering the activities and programs of the Boy Scouts of America. The mission of this trust aims to contribute to the growth and development of the Scout community by providing necessary funds. The trust does not engage in any direct activities but rather focuses on financial aid, thereby enabling the Boy Scouts of America to carry out their programs effectively. The support extends to various aspects of the Scout's activities, enhancing their experiences and opportunities.
Who is the CEO of Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv?
Park National Bank Trust Svcs is the Trustee of Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv.
What is the revenue of Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv?
Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv's revenue in 2022 was $37,944.
Who are the executives of Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv and what are their salaries?
There is 1 key member and their salary:
- Compensation: $11,047
- Related: $0
- Other: $0
Where can I find the form 990 for Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv?
Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv
Heart of Ohio BSA Trust Co. Park National Bank Trust & Inv. Serv is a mission-driven entity that primarily focuses on providing financial support to the Boy Scouts of America. This nonprofit organization's primary activity is dedicated to furthering the objectives and operations of the Boy Scouts of America, ensuring the continuity and growth of the organization's programs and initiatives. By providing funds, Heart of Ohio BSA Trust Co. Park National Bank Trust & Inv. Serv plays a crucial role in enabling the Boy Scouts of America to fulfill its mission of empowering young people to become responsible citizens and leaders. The nonprofit's contributions help the Boy Scouts of America to deliver valuable life skills, character development, and outdoor experiences to millions of youth members across the country.
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Impact
August, 2024
Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv's impact lies in its vital role in providing funds to the Boy Scouts of America. By supporting the organization financially, they contribute to the development of youth in the community through various scouting activities and programs. Their involvement helps empower young individuals, instilling values of leadership, teamwork, and community service. Through their support, Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv plays a significant part in shaping the next generation of leaders and active citizens.
This information is meant to be a general summary of Heart Of Ohio Bsa Trust Co Park National Bank Trust & Inv Serv. 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: $37,944
- Gross Receipts: $686,809
Assets and Liabilities:
- Total Assets: $1,175,043
- Total Liabilities: $0
- Net Assets: $1,175,043
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Organization Details
Founding Year
1959
Phone
(419) 525-8713Principal Officer
Park National Bank Trust Svcs
Main Address
3 NORTH MAIN STREET, MANSFIELD, OH, 44902
NTEE Category
Code: O40 - Youth development
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