Overview
What is Community Foundation Of The Ozarks Inc?
The Community Foundation of the Ozarks Inc, located in Springfield, Missouri, operates as a nonprofit organization dedicated to managing and distributing funds for charitable and public purposes within the Springfield metropolitan area and affiliated regional community foundations serving the southern tier of Missouri. With a team of 35 employees, the foundation's mission is to improve the quality of life by engaging in resource development, community grantmaking, collaboration, and public leadership. They act as intermediaries between donors and nonprofit organizations in southern Missouri, facilitating the administration of funds for both parties and offering grantmaking services to eligible nonprofits.
Official website here: www.cfozarks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
The Community Foundation of the Ozarks Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 99 in accountability, the organization demonstrates robust governance practices, including a fully independent board and comprehensive financial oversight. The high program expense ratio of 87.63% indicates that the majority of its funds are directed towards its mission rather than administrative costs.
Additionally, the foundation excels in culture and community, receiving a score of 90. It has effectively implemented feedback mechanisms, ensuring that constituent voices are valued and integrated into its practices. The foundation's commitment to transparency is evident, as it maintains a well-documented audit process and publicly shares essential financial information on its website.
However, there is a noted limitation with its donor privacy policy, which is currently missing. While this does not overshadow its overall positive ratings and practices, it highlights an area for improvement that could strengthen its commitment to donor confidentiality. Overall, the Community Foundation of the Ozarks Inc exhibits a strong operational framework and a dedication to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of The Ozarks Inc legitimate?
Community Foundation Of The Ozarks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of The Ozarks 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: $667,730
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,501,744
For more financial information, click here
Official website here: www.cfozarks.org
What is the mission statement of Community Foundation Of The Ozarks Inc?
The Community Foundation of the Ozarks is dedicated to improving the quality of life by engaging in resource development, community grantmaking, collaboration, and public leadership. They manage funds for charitable and public purposes, acting as a bridge between donors and local nonprofits in their region. Through their grantmaking services, they aim to enhance the community by investing in various initiatives and programs. Their mission is to make a profound impact and bring about positive change.
Official website here: www.cfozarks.org
Who is the CEO of Community Foundation Of The Ozarks Inc?
Winter Kinne is the CEO of Community Foundation Of The Ozarks Inc The CEO's salary of Community Foundation Of The Ozarks Inc is $106,694 and their total compensation is $125,284.
Official website here: www.cfozarks.org
What is the revenue of Community Foundation Of The Ozarks Inc?
Community Foundation Of The Ozarks Inc's revenue in 2024 was $57,707,211.
Official website here: www.cfozarks.org
Who are the executives of Community Foundation Of The Ozarks Inc and what are their salaries?
The average compensation at Community Foundation Of The Ozarks Inc during 2024 was $49,306. There are 44 employees and 580 volunteers at Community Foundation Of The Ozarks Inc.
Here are 25 key members and their salaries (Community Foundation Of The Ozarks Inc's CEO's salary is $106,694 and their total compensation is $125,284):
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- Compensation: $104,956
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- Other: $17,914
Official website here: www.cfozarks.org
Where can I find the form 990 for Community Foundation Of The Ozarks Inc?
Community Foundation Of The Ozarks Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cfozarks.org
Learn more at the official website: www.cfozarks.org
Mission Statement of Community Foundation Of The Ozarks Inc
The Community Foundation of the Ozarks, a renowned organization, is dedicated to enhancing the quality of life in various communities by engaging in resource development, community grantmaking, collaboration, and public leadership. By receiving, distributing, and administering component funds for charitable and public purposes, this foundation plays a significant role in southern Missouri.
In simple terms, the Community Foundation of the Ozarks functions as a bridge between donors and nonprofits, facilitating the flow of funds and resources to support the needs of the community. Its mission is multifaceted, encompassing a commitment to resource development, which involves raising funds through various means and channels. This foundation also engages in community grantmaking, where it allocates resources to eligible nonprofit organizations based on their applications and alignment with the foundation's priorities.
Moreover, the Community Foundation of the Ozarks fosters collaboration and public leadership, which are essential for driving positive change and addressing complex societal issues. By bringing together various stakeholders and encouraging dialogue and cooperation, the foundation seeks to leverage collective strengths and resources for the greater good. As a result, the Community Foundation of the Ozarks has become a trusted partner and catalyst for growth and improvement in the communities it serves.
Therefore, the Community Foundation of the Ozarks, through its mission, serves as a vital connector, resource, and catalyst for change in the communities it supports, enabling them to thrive and prosper.
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Impact
October, 2024
Community Foundation of the Ozarks Inc significantly enhances the quality of life in southern Missouri through its commitment to resource development, community grantmaking, collaboration, and public leadership. By administering funds for donors and agencies, it effectively channels financial support into various charitable and public initiatives. The foundation plays a crucial role in the Springfield metropolitan area and surrounding regions by receiving, distributing, and managing component funds, ensuring they serve meaningful purposes.
Through its grantmaking services, the foundation supports a wide range of projects and organizations, fostering community development and addressing local needs. Its proactive involvement in philanthropy strengthens community ties, promotes collaboration among various stakeholders, and amplifies the impact of resources invested in the region. Ultimately, the foundation is a catalyst for positive change, empowering communities in southern Missouri to thrive.
This information is meant to be a general summary of Community Foundation Of The Ozarks 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 2024.
- Investment Income: $9,609,545
- Program Service Revenue: $1,251,029
- Gross Receipts: $153,467,925
Assets and Liabilities:
- Total Assets: $374,535,392
- Total Liabilities: $99,418,545
- Net Assets: $275,116,847
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$1,065,414
OTHER REVENUES
Revenue
$185,615
Organization Details
Founding Year
1973
Principal Officer
Brian Fogle
Website
www.cfozarks.orgNTEE Category
Code: T310 - Philanthropy
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