Overview
What is Audubon Recreation Foundation Inc?
Audubon Recreation Foundation Inc is a charitable and educational nonprofit organization based in Audubon, Iowa. With a mission to provide a community center, they aim to foster recreation, education, and related activities for both young and elderly individuals. Additionally, they strive to combat city deterioration and support the city and school by offering programs and services. Their workforce consists of 28 dedicated individuals, contributing to the betterment of their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Audubon Recreation Foundation Inc has received a 67% rating overall, indicating some areas of strength as well as potential concerns. The organization scores particularly well in governance, with 100% of its board members being independent and a strong showing in documenting board meeting minutes. Additionally, its program expense ratio is commendable at nearly 74%, reflecting a significant portion of its budget being directed towards its programs.
However, while the foundation demonstrates solid accountability with no material diversion of assets and an impressive liabilities-to-assets ratio of 5.95%, a Two-Star rating suggests there may be areas needing improvement. Potential donors should consider this mix of strengths and limitations to understand the overall effectiveness of the organization and its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Audubon Recreation Foundation Inc legitimate?
Audubon Recreation Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Audubon Recreation 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: $159,196
For more financial information, click here
What is the mission statement of Audubon Recreation Foundation Inc?
The Audubon Recreation Foundation Inc is committed to establishing a community center that caters to both the young and the elderly. The primary aim is to facilitate recreational, educational, and related activities within this center. Additionally, the foundation seeks to combat urban decay and support the city and school by providing programs and services. This non-profit organization operates with charitable and educational purposes, often distributing funds to other organizations to further its objectives.
Who is the CEO of Audubon Recreation Foundation Inc?
Doug Olsen is the Director of Audubon Recreation Foundation Inc.
What is the revenue of Audubon Recreation Foundation Inc?
Audubon Recreation Foundation Inc's revenue in 2022 was $902,762.
Who are the executives of Audubon Recreation Foundation Inc and what are their salaries?
The average compensation at Audubon Recreation Foundation Inc during 2022 was $5,686. There are 28 employees at Audubon Recreation Foundation Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Audubon Recreation Foundation Inc?
Audubon Recreation Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Audubon Recreation Foundation Inc
The Audubon Recreation Foundation Inc, a charitable and educational organization, is dedicated to providing a community center that caters to both the young and the old. Its primary objective is to facilitate recreational, educational, and related activities within this center. Beyond this, the foundation aims to contribute to combating city deterioration and assisting the city and schools with their programs and services. In essence, the Audubon Recreation Foundation Inc serves as a hub for community engagement and development, offering a wide range of opportunities for personal growth and social interaction.
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Impact
October, 2024
Audubon Recreation Foundation Inc significantly enriches the community by offering a dedicated center that fosters recreational and educational activities for people of all ages. This initiative creates a vibrant environment where young and old can engage in various programs, promoting social interaction, learning, and personal growth. By facilitating these activities, the foundation plays a crucial role in combating city deterioration while supporting local schools and city programs. Its commitment to enhancing community well-being not only empowers individuals but also strengthens the fabric of Audubon, IA, fostering a shared space for enjoyment and development.
This information is meant to be a general summary of Audubon Recreation 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: $1,801
- Program Service Revenue: $477,484
- Gross Receipts: $902,762
Assets and Liabilities:
- Total Assets: $2,683,443
- Total Liabilities: $159,711
- Net Assets: $2,523,732
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATIONS INCOME
Revenue
$477,484
Organization Details
Founding Year
2009
Phone
(712) 304-2835Principal Officer
Doug Olsen
Main Address
703 SOUTHSIDE AVE, AUDUBON, IA, 50025
NTEE Category
Code: N31 - Recreation
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