Overview
What is Midway Usa Foundation Inc?
Midway Usa Foundation Inc is a nonprofit organization based in Columbia, Missouri. Their primary focus is on supporting youth shooting sports programs and the communities they represent. The foundation helps these communities and organizations raise funds for their high school, college, and other youth shooting teams and related activities. Midway Usa Foundation manages donor designated endowed funds for these communities and organizations. The foundation provides financial aid to other nonprofit organizations with funds specifically allocated for educational programs focusing on firearms safety, skill training for shooting, hunting, and outdoor activities. Its mission is geared towards young people, providing them with confidence, discipline, and leadership skills through colleges, universities, educational institutions, and youth organizations that offer this type of training. The foundation also manages donor designated endowed funds for some of these organizations. With a team of 16 employees, Midway Usa Foundation continues to invest in the future of youth and their shooting sports endeavors.
Official website here: www.midwayusafoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%
The MidwayUSA Foundation has received a stellar rating of 100% from Charity Navigator, indicating exceptional performance in accountability, finance, culture, and community engagement. The organization excels in maintaining a majority independent board and demonstrates transparency through detailed financial practices. With a program expense ratio of 90.49% and a fundraising efficiency ratio of just $0.01, it effectively allocates resources to maximize impact.
User feedback highlights the foundation's significant contribution to youth shooting sports, with many reviewers praising its Range Grant program and commitment to supporting clubs and teams. Testimonials from clients and volunteers emphasize the foundation’s role in providing financial security and opportunities for youth development through accessible funding and resources. The organization is celebrated for its positive influence and dedication to fostering a community around shooting sports.
While the feedback is overwhelmingly positive, there are no noted limitations in the data. The foundation's robust support system and effective practices make it a leading organization in its field, ensuring that it continues to positively impact thousands of youth across the nation.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Midway Usa Foundation Inc legitimate?
Midway Usa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midway Usa Foundation 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: $201,619
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,018,246
For more financial information, click here
Official website here: www.midwayusafoundation.org
What is the mission statement of Midway Usa Foundation Inc?
Midway Usa Foundation Inc focuses on assisting nonprofit organizations in raising funds for their high school, college, and other youth shooting teams and related activities. The foundation's mission extends to providing financial support for educational programs that emphasize firearms safety, skill training for shooting, hunting, and outdoor activities. The primary beneficiaries of the foundation's funding are young people, with the aim of instilling confidence, discipline, and leadership skills in them. The foundation targets colleges, universities, educational institutions, and youth organizations that offer this type of training, with the intention of creating a positive impact on the lives of young people through these programs. Additionally, the foundation manages donor-designated endowed funds for some of these organizations.
Official website here: www.midwayusafoundation.org
Who is the CEO of Midway Usa Foundation Inc?
Richard Leeper is the President of Midway Usa Foundation Inc.
Official website here: www.midwayusafoundation.org
What is the revenue of Midway Usa Foundation Inc?
Midway Usa Foundation Inc's revenue in 2022 was $45,219,850.
Official website here: www.midwayusafoundation.org
Who are the executives of Midway Usa Foundation Inc and what are their salaries?
The average compensation at Midway Usa Foundation Inc during 2022 was $76,242. There are 16 employees and 13 volunteers at Midway Usa Foundation Inc.
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- Compensation: $195,780
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- Other: $5,839
Official website here: www.midwayusafoundation.org
Where can I find the form 990 for Midway Usa Foundation Inc?
Midway Usa Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.midwayusafoundation.org
Learn more at the official website: www.midwayusafoundation.org
Mission Statement of Midway Usa Foundation Inc
Midway USA Foundation Inc is a philanthropic organization that plays a pivotal role in helping communities and nonprofits raise funds to support youth shooting teams and related activities. The foundation's mission is geared towards providing financial assistance to various nonprofit organizations, with funds earmarked specifically for educational programs focusing on firearms safety, skill training for shooting, hunting, and outdoor activities.
This foundation is dedicated to empowering young people, primarily through colleges, universities, educational institutions, and youth organizations that offer such training. By instilling confidence, discipline, and leadership skills in these young individuals, Midway USA Foundation Inc aims to contribute to their overall development. The organization goes beyond just granting funds; it also manages donor-designated endowed funds for some of these organizations to ensure a sustainable source of financial support for their programs.
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Impact
October, 2024
Midway USA Foundation Inc significantly impacts youth shooting sports across the United States by supporting over 100,000 young participants on nearly 3,000 shooting teams. The foundation is committed to helping communities raise necessary funds for high school, college, and youth shooting programs through a structured endowment system. This enables teams and organizations to access up to 5% of their endowed fund's balance each year, providing essential financial resources aimed at enhancing educational and training opportunities in shooting sports.
The foundation's focus on financial support extends to various educational programs that emphasize firearms safety, skill training, and outdoor activities. By targeting young individuals through collaborations with colleges, universities, and dedicated youth organizations, it fosters confidence, discipline, and leadership skills among participants. This comprehensive support framework not only bolsters shooting teams but also strengthens the communities they serve, ensuring that youth have access to valuable training and development opportunities that can shape their futures.
This information is meant to be a general summary of Midway Usa 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.
- Investment Income: $8,999,981
- Gross Receipts: $68,932,730
Assets and Liabilities:
- Total Assets: $273,074,552
- Total Liabilities: $217,420
- Net Assets: $272,857,132
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Organization Details
Founding Year
2007
Phone
(573) 447-5957Principal Officer
Richard Leeper
Main Address
6001 W VAN HORN TAVERN RD STE C, COLUMBIA, MO, 65203
Website
www.midwayusafoundation.orgNTEE Category
Code: N70 - Recreation
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