Overview
What is Kemmerer Village Foundation?
Kemmerer Village Foundation is a nonprofit organization situated in Assumption, Illinois, with a focus on supporting various educational institutions and schools. Their primary mission is to bolster the ministry of Kemmerer Village, a commitment that extends to fostering academic growth and development within their community. Although the information provided is limited, it suggests that the foundation plays a crucial role in nurturing educational opportunities and upholding the values of Kemmerer Village.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 32%
The Kemmerer Village Foundation has received a low score of 32%, resulting in a Zero-Star out of Four Star rating. This indicates significant concerns regarding the charity's financial health and accountability practices. While the organization demonstrates strong governance with a fully independent board and compliance in areas such as conflict of interest policies and documentation of board meeting minutes, its overall financial metrics raise red flags.
One major issue is the extremely low program expense ratio of 7.99%, which suggests that only a small fraction of its revenue is being directed towards its mission-related programs. Additionally, the fundraising efficiency ratio of $0.00 indicates that the organization may not be effectively generating funds to support its activities. While the foundation holds no liabilities against its assets, the lack of operational spending on programs is a critical limitation that can hinder its impact.
Overall, while Kemmerer Village Foundation adheres to good governance standards, the financial inefficiencies highlighted by Charity Navigator suggest a need for improvement in how it allocates resources to fulfill its mission. Donors and stakeholders may want to consider these factors when assessing the foundation's overall effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Kemmerer Village Foundation legitimate?
Kemmerer Village Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kemmerer Village 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Kemmerer Village Foundation?
The Kemmerer Village Foundation, an organization that supports various educational institutions, is dedicated to upholding the mission of Kemmerer Village. Their primary goal is to reinforce and contribute to the educational ministry they are associated with. By doing so, they aim to make a positive impact on the educational landscape and the students within these institutions. The Foundation may provide resources, funding, or advocacy to ensure the success of the schools and the learners they serve. However, further details about the specifics of their activities or the nature of their support are not provided in the information provided.
Who is the CEO of Kemmerer Village Foundation?
Marty Sumner is the President of Kemmerer Village Foundation.
What is the revenue of Kemmerer Village Foundation?
Kemmerer Village Foundation's revenue in 2022 was $1,763,590.
Who are the executives of Kemmerer Village Foundation and what are their salaries?
There 7 volunteers at Kemmerer Village Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Kemmerer Village Foundation?
Kemmerer Village Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kemmerer Village Foundation
The Kemmerer Village Foundation is an organization that is committed to supporting the ministry of various educational institutions. Its primary mission is to contribute to the success of multiple schools in Assumption, Illinois. By doing so, the foundation aims to uphold and enhance the educational services provided by these institutions, thereby contributing to the overall well-being and development of the students enrolled. The Kemmerer Village Foundation's mission is centered around its belief in the importance of education and its role in shaping future generations. By supporting these schools, the foundation seeks to foster an environment that encourages learning, growth, and personal development.
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Impact
October, 2024
Kemmerer Village Foundation plays a crucial role in enhancing educational opportunities in Assumption, IL, primarily by supporting the ministry of Kemmerer Village. This foundation actively contributes to the development and maintenance of multiple schools and educational institutions in the area. By fostering a supportive environment, it ensures that students receive quality education and resources that enable their growth and learning. The foundation's commitment is essential for creating a positive impact on the community, helping to shape the future of its youth through educational initiatives and support.
This information is meant to be a general summary of Kemmerer Village 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$40,381
- Gross Receipts: $3,644,971
Assets and Liabilities:
- Total Assets: $6,459,815
- Total Liabilities: $0
- Net Assets: $6,459,815
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Organization Details
Phone
(217) 226-4451Principal Officer
Marty Sumner
Main Address
941 N 2500 EAST RD, ASSUMPTION, IL, 62510
NTEE Category
Code: B122 - Education
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