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Onward A Legacy Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260045741 ✦ Cortez, CO ✦ Designated as a 501(c)(3)

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Overview

What is Onward A Legacy Foundation?

Onward A Legacy Foundation is a tax-exempt, non-profit community organization established for charitable purposes. Based in Cortez, Colorado, the foundation's mission is to foster opportunities that contribute to the sustainable growth of resources, ultimately improving the quality of life for residents in the Four Corners' communities. The foundation administers 35 fiscal funds, with significant investments in initiatives such as school community youth programs, after-school activities, preservation and education of Canyon lands, and orchard restoration. With a dedicated team of 182 employees, Onward A Legacy Foundation works tirelessly to uphold its mission and support its local community.


Official website here: www.onwardfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Onward A Legacy Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The overall score reflects the organization's commitment to transparent practices, with a perfect score in all evaluated categories. This includes having a fully independent board, robust audit practices, and a strong conflict of interest policy, underscoring its dedication to ethical governance.

The organization allocates a significant majority of its resources to program expenses, with nearly 92% of its budget directed towards its mission-driven activities. This efficient spending is complemented by exceptional fundraising efficiency, demonstrating the foundation's ability to raise funds at a minimal cost. Furthermore, the foundation shows remarkable financial stability, with a working capital ratio that suggests it can sustain its operations for over two years without additional funding.

While the foundation's performance in accountability and finance is commendable, the available data does not provide insights into programmatic impact or community feedback. Nonetheless, the strong financial indicators and governance practices suggest that Onward A Legacy Foundation is well-positioned to fulfill its mission effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Onward A Legacy Foundation legitimate?

Onward A Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Onward A Legacy 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: $33,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $964,192

For more financial information, click here


Official website here: www.onwardfoundation.org

What is the mission statement of Onward A Legacy Foundation?

The Onward A Legacy Foundation, established as a tax-exempt, non-profit organization for public charity purposes, is dedicated to providing opportunities that aim to develop and sustain a resource base. This initiative is intended to enhance the quality of life for residents in the communities within the Four Corners region. The foundation manages several fiscal funds, with the largest ones supporting initiatives such as school community youth programs, after-school activities, preservation and education related to Canyon lands, and orchard restoration.


Official website here: www.onwardfoundation.org

Who is the CEO of Onward A Legacy Foundation?

Charles R Forth Jr is the Executive Director of Onward A Legacy Foundation.


Official website here: www.onwardfoundation.org

What is the revenue of Onward A Legacy Foundation?

Onward A Legacy Foundation's revenue in 2022 was $3,597,468.


Official website here: www.onwardfoundation.org

Who are the executives of Onward A Legacy Foundation and what are their salaries?

The average compensation at Onward A Legacy Foundation during 2022 was $5,481. There are 182 employees and 85 volunteers at Onward A Legacy Foundation.


Here are 9 key members and their salaries:


Charles R Forth Jr (Executive Director)
  • Compensation: $33,300
  • Related: $0
  • Other: $0
David Coit Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mb Mcafee (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Samulski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Montano (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Herrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessie Farias Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Youvonne Neeley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robby Henes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.onwardfoundation.org

Where can I find the form 990 for Onward A Legacy Foundation?

Onward A Legacy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.onwardfoundation.org

Learn more at the official website: www.onwardfoundation.org

Mission Statement of Onward A Legacy Foundation

Onward A Legacy Foundation, a tax-exempt and non-profit organization, is committed to a mission that aims to create and sustain a resource base. This mission is designed to enhance the quality of life for residents within the communities of the Four Corners. The foundation provides opportunities to foster this resource base, ultimately contributing to the betterment of these communities' residents.

In essence, Onward A Legacy Foundation serves as a catalyst for growth and improvement within the communities it serves. Its mission is to offer a platform for developing and preserving resources that directly impact the daily lives of residents. The organization's work encompasses various aspects, including but not limited to, after-school programs, school community youth initiatives, and preservation and education projects related to Canyon lands and orchard restoration. These initiatives are all geared towards enhancing the overall well-being and quality of life within the Four Corners' communities.

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Impact




October, 2024

Onward A Legacy Foundation significantly enhances the quality of life for residents in the Four Corners communities by administering 35 fiscal funds that target various critical areas. Its focus includes youth development through after-school programs, educational initiatives, and community engagement, fostering opportunities for local youth. Additionally, the foundation promotes environmental stewardship through canyon lands preservation and educational efforts, along with efforts for orchard restoration, which supports both ecological health and community sustainability. By creating a sustainable resource base, Onward A Legacy Foundation plays a pivotal role in improving educational access and community welfare, ensuring that residents have opportunities for growth and development.




This information is meant to be a general summary of Onward A Legacy 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.

Revenue
$3,597,468 (2022)
Expenses
$2,572,635 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $132,947
  • Program Service Revenue: $161,927
  • Gross Receipts: $3,632,246

Assets and Liabilities:

  • Total Assets: $5,693,377
  • Total Liabilities: $591,096
  • Net Assets: $5,102,281

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Investment Income

Revenue

$84,978

Program Service Fees

Revenue

$76,949

Organization Details

Founding Year

2002

Principal Officer

Charles R Forth Jr

Main Address

PO BOX 26, CORTEZ, CO, 81321

NTEE Category

Code: B82 - Education

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