Overview
What is West Central Texas Regional Foundation?
The West Central Texas Regional Foundation is a nonprofit organization situated in Abilene, Texas. Its primary mission is to enhance the well-being and future development of the citizens residing in the Texas counties of Brown, Callahan, Coleman, Comanche, Eastland, Fisher, Haskell, Jones, Kent, Knox, Mitchell, Nolan, Runnels, Scurry, Shackelford, Stevens, Stonewall, Taylor, and Throckmorton. They aim to improve various aspects of life, including health, education, safety, housing, and the environment. The organization received a grant from the U.S. Department of Veterans Affairs to support homeless veterans and their families, with the West Central Texas Council of Governments managing the grant and providing necessary staffing.
Official website here: www.wctcog.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The West Central Texas Regional Foundation has achieved a 81% rating, indicating a solid level of accountability and finance management. This rating is derived entirely from its Accountability & Finance score, which reflects the foundation's commitment to transparency and proper financial oversight. The foundation has an independent board with 100% of its members being independent, highlighting a strong governance structure.
The foundation received high marks in various categories, including its audit and oversight committee, conflict of interest policy, and whistleblower policy, all of which scored the maximum points. Additionally, its program expense ratio stands at 100%, indicating that all of its expenses are directed towards its programs, a positive sign for potential donors regarding the effective use of funds.
However, the foundation's liabilities to assets ratio of 81.36% did not earn any points, which suggests potential concerns in managing debts relative to its assets. This could be a red flag for some stakeholders who may prioritize financial stability as part of their evaluation criteria. Overall, while the foundation demonstrates strong governance and financial practices, attention may be needed in managing its liabilities.
This AI summary has been generated from information found on Charity Navigator.
Is West Central Texas Regional Foundation legitimate?
West Central Texas Regional Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Central Texas Regional 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
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Other Salaries and Wages: $0
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Official website here: www.wctcog.org
What is the mission statement of West Central Texas Regional Foundation?
The West Central Texas Regional Foundation aims to enhance the overall well-being of its community's citizens. This encompasses aspects such as health, education, safety, housing, environment, and future development. The foundation's mission is to plan and contribute to the betterment of the area, which includes the counties of Brown, Callahan, Coleman, Commache, Eastland, Fisher, Haskell, Jones, Kent, Knox, Mitchell, Nolan, Runnels, Scurry, Shackelford, Stephen, Stonewall, Taylor, and Throckmorton.
Official website here: www.wctcog.org
What is the revenue of West Central Texas Regional Foundation?
West Central Texas Regional Foundation's revenue in 2023 was $2,297,297.
Official website here: www.wctcog.org
Who are the executives of West Central Texas Regional Foundation and what are their salaries?
There 4 volunteers at West Central Texas Regional Foundation.
Here are 5 key members and their salaries:
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Official website here: www.wctcog.org
Where can I find the form 990 for West Central Texas Regional Foundation?
West Central Texas Regional Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wctcog.org
Learn more at the official website: www.wctcog.org
Mission Statement of West Central Texas Regional Foundation
The West Central Texas Regional Foundation is dedicated to enhancing the well-being of its citizens by focusing on various aspects of their lives. This nonprofit organization aims to improve health, education, safety, housing, and environmental conditions in the region. Its mission extends beyond these areas, also including plans for the future development of the communities encompassed within the Texas counties of Brown, Callahan, Coleman, Comanche, Eastland, Fisher, Haskell, Jones, Kent, Knox, Mitchell, Nolan, Runnels, Scurry, Shackelford, Stephen, Stonewall, Taylor, and Throckmorton. By embracing these diverse sectors, the West Central Texas Regional Foundation seeks to foster a prosperous and thriving community for all its residents.
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Impact
October, 2024
West Central Texas Regional Foundation significantly enhances the quality of life for residents across numerous Texas counties, focusing on health, education, safety, and housing. By addressing critical needs, it fosters community development and well-being in the areas it serves, including Brown, Callahan, Coleman, Comanche, Eastland, Fisher, Haskell, Jones, Kent, Knox, Mitchell, Nolan, Runnels, Scurry, Shackelford, Stephens, Stonewall, Taylor, and Throckmorton.
One impactful initiative is the provision of services to homeless veterans and their families, made possible through a grant from the U.S. Department of Veterans Affairs. The West Central Texas Council of Governments administers this grant, employing dedicated staff to effectively reach and assist this vulnerable population. Through these efforts, the foundation plays a crucial role in ensuring that individuals and families within the region have access to essential resources, ultimately contributing to a safer and healthier community.
This information is meant to be a general summary of West Central Texas Regional 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 2023.
- Investment Income: $5,636
- Gross Receipts: $2,297,297
Assets and Liabilities:
- Total Assets: $113,901
- Total Liabilities: $92,680
- Net Assets: $21,221
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Organization Details
Founding Year
2009
Principal Officer
Kelly Cheek
Website
www.wctcog.orgNTEE Category
Code: P30 - Human services
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