Overview
What is Northwoods Foundation?
The Northwoods Foundation is a nonprofit organization situated in Dublin, Ohio. With a strong connection to its community and its employees, the foundation offers financial aid to individuals in need. Their mission is centered around providing essential support, demonstrating a commitment to enhancing the lives of those residing in the areas where Northwoods operates and its team members reside.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that the Northwoods Foundation meets basic standards of accountability and transparency but falls short in certain areas. The organization demonstrates strong financial health, particularly with a program expense ratio of 97.66%, indicating that most of its funds are directed towards its mission-related programs.
The Northwoods Foundation excels in several key areas, including having a fully independent board and a solid liabilities to assets ratio of 0.00%. These points reflect a commitment to governance and financial stability. Additionally, the foundation documents board meeting minutes and has a good size board, which are positive indicators of its operational practices.
However, there are notable limitations in the organization's policies, as it lacks a conflict of interest policy, a whistleblower policy, and a document retention protocol. These missing policies raise concerns about transparency and accountability. Furthermore, the absence of the tax form on the nonprofit's website could hinder potential donors' ability to assess its financial practices. Overall, while the Northwoods Foundation shows promise in its financial management, it must address governance gaps to enhance its accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Northwoods Foundation legitimate?
Northwoods Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwoods 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 Northwoods Foundation?
The Northwoods Foundation, in its mission, provides financial aid to individuals facing hardships in the communities where Northwoods and its employees reside and work. This organization is committed to offering assistance, aiming to alleviate the financial burdens of those in need. By providing this aid, the Northwoods Foundation seeks to contribute positively to the communities it is a part of, demonstrating its dedication to fostering and supporting local well-being.
Who is the CEO of Northwoods Foundation?
Ryan Sherry is the President of Northwoods Foundation.
What is the revenue of Northwoods Foundation?
Northwoods Foundation's revenue in 2022 was $144,020.
Who are the executives of Northwoods Foundation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Northwoods Foundation?
Northwoods Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northwoods Foundation
The Northwoods Foundation, in its mission, offers financial aid to individuals in distress within the communities where its employees reside and work. This philanthropic organization is committed to providing essential support to those in need, demonstrating its dedication to the well-being of its local community. By offering financial assistance, Northwoods Foundation aims to alleviate hardships and contribute positively to the lives of its community members.
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Impact
October, 2024
The Northwoods Foundation significantly impacts the communities where its employees live and work by offering crucial financial assistance to individuals in need. By addressing immediate financial challenges, the foundation fosters resilience and enhances the quality of life for many residents in Dublin, OH, and surrounding areas. This support not only alleviates individual hardship but also strengthens community ties, creating a culture of giving and mutual aid. Through its philanthropic efforts, Northwoods Foundation plays a vital role in uplifting those facing financial difficulties and promoting sustainable community growth.
This information is meant to be a general summary of Northwoods 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: $6
- Gross Receipts: $144,020
Assets and Liabilities:
- Total Assets: $89,703
- Total Liabilities: $0
- Net Assets: $89,703
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Organization Details
Principal Officer
Ryan Sherry
Main Address
5200 RINGS RD, DUBLIN, OH, 43017
NTEE Category
Code: T123 - Philanthropy
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