Overview
What is Green Bay Preble Optimist Foundation Inc?
Green Bay Preble Optimist Foundation Inc is a charitable organization situated in Green Bay, Wisconsin. With a mission to support young people and promote their wellbeing, it aids Green Bay area youth organizations that have been recognized as Section 501(C)(3) entities under the Internal Revenue Code. The foundation's purpose encompasses health, education, physical activity, safety, good citizenship, and the arts, all of which are essential for the growth and development of young individuals. It primarily supports the Green Bay Preble Optimist Club and other related youth organizations through donations, aiming to strengthen their capacity to contribute positively to the Green Bay community.
Official website here: www.greenbayprebleoptimist.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Green Bay Preble Optimist Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a moderate level of financial health and accountability. The rating is entirely derived from the Accountability & Finance beacon, showcasing the organization's commitment to maintaining a transparent and effective operational structure as evidenced by a high program expense ratio of 97.32%.
Strengths of the foundation include a fully independent board, with 85% of its members meeting this criterion, and no material diversion of assets reported. These factors contribute positively to the foundation's financial integrity, as reflected in its perfect scores for independent board size and liabilities to assets ratio. However, the organization lacks essential policies regarding conflict of interest, whistleblower protections, and document retention, which are critical to ensuring comprehensive governance practices.
While the foundation demonstrates strong financial management and accountability, the absence of several key policies highlights areas for improvement. Strengthening these governance practices may enhance the organization’s overall effectiveness and build greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Green Bay Preble Optimist Foundation Inc legitimate?
Green Bay Preble Optimist Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Green Bay Preble Optimist 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.greenbayprebleoptimist.org
What is the mission statement of Green Bay Preble Optimist Foundation Inc?
The Green Bay Preble Optimist Foundation Inc's mission is to support the Green Bay Preble Optimist Club and various youth organizations in the community. This is achieved by receiving, managing, protecting, and growing donations intended for the Green Bay Preble Optimist Club's efforts to assist local youth organizations. The foundation's purpose extends to supporting public charities that meet the criteria of being Section 501(C)(3) organizations under the Internal Revenue Code and have a focus on promoting health, education, physical activity, safety, good citizenship, and the arts for young people in the Green Bay area.
Official website here: www.greenbayprebleoptimist.org
Who is the CEO of Green Bay Preble Optimist Foundation Inc?
Dan Pohlman is the President of Green Bay Preble Optimist Foundation Inc.
Official website here: www.greenbayprebleoptimist.org
What is the revenue of Green Bay Preble Optimist Foundation Inc?
Green Bay Preble Optimist Foundation Inc's revenue in 2022 was $148,163.
Official website here: www.greenbayprebleoptimist.org
Who are the executives of Green Bay Preble Optimist Foundation Inc and what are their salaries?
There 7 volunteers at Green Bay Preble Optimist Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.greenbayprebleoptimist.org
Where can I find the form 990 for Green Bay Preble Optimist Foundation Inc?
Green Bay Preble Optimist Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greenbayprebleoptimist.org
Learn more at the official website: www.greenbayprebleoptimist.org
Mission Statement of Green Bay Preble Optimist Foundation Inc
The Green Bay Preble Optimist Foundation Inc is dedicated to supporting the Green Bay Preble Optimist Club and various youth organizations in the area. Their mission revolves around receiving, managing, protecting, and growing donations intended for this purpose. The primary objective of these donations is to aid Green Bay Area youth organizations that have been recognized as Section 501(C)(3) organizations under the Internal Revenue Code (IRC). These organizations work tirelessly to enhance the lives of young people in the community, focusing on promoting health, education, physical activity, safety, good citizenship, and the arts. By supporting these organizations, the Green Bay Preble Optimist Foundation Inc plays a significant role in fostering a thriving and well-rounded community for young people in the area.
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Impact
October, 2024
The Green Bay Preble Optimist Foundation Inc significantly impacts the community by supporting youth organizations in the Green Bay area through donations. It assists various public charities that focus on promoting health, education, physical activity, safety, good citizenship, and the arts for young people. By receiving, managing, protecting, and growing donations, the foundation plays a crucial role in enhancing the opportunities available to youth, ultimately fostering their growth and development within the community. Their mission directly contributes to building a stronger, healthier, and more engaged generation of young individuals.
This information is meant to be a general summary of Green Bay Preble Optimist 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: $20,038
- Gross Receipts: $163,177
Assets and Liabilities:
- Total Assets: $814,368
- Total Liabilities: $0
- Net Assets: $814,368
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Organization Details
Founding Year
2008
Phone
(920) 686-2239Principal Officer
Dan Pohlman
Main Address
1175 LOMBARDI AVE 200, GREEN BAY, WI, 54304
NTEE Category
Code: O112 - Youth development
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