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The Fatted Calf

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271415903 ✦ Brookings, SD ✦ Designated as a 501(c)(3)

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Overview

What is The Fatted Calf?

The Fatted Calf is a nonprofit organization situated in Brookings, South Dakota (57006). Their primary mission is to honor and obey God by offering career development and training opportunities to the fatherless and less privileged individuals in Mexico. Through their initiatives, they aim to equip these individuals with essential skills, ultimately contributing to their personal growth and empowerment. During the summer, The Fatted Calf also engages children in various projects, instilling values such as respect, self-control, confidence, and effective communication. The organization is committed to making a positive impact in Mexico, focusing on those who are in need.


Official website here: www.thefatcalf.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The Fatted Calf has received an 83% rating from Charity Navigator, which indicates a generally sound financial health and accountability. With a significant emphasis on independent governance, the organization boasts a 100% independent board, ensuring that decision-making is free from conflicts of interest. Additionally, it has demonstrated a strong commitment to transparency with its financial practices, as evidenced by its high program expense ratio of 95.45%.

The organization scores well across various accountability metrics, such as having no material diversion of assets and providing comprehensive documentation for board meetings. However, it has been noted that the charity is missing both a whistleblower policy and a document retention and destruction policy, which could be seen as areas needing improvement in governance practices.

Overall, The Fatted Calf demonstrates strong operational efficiency and reliable management, making it a commendable choice for potential donors. However, addressing the missing policies could enhance its governance framework and bolster public confidence in its operations further.


This AI summary has been generated from information found on Charity Navigator.

Is The Fatted Calf legitimate?

The Fatted Calf is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fatted Calf 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.thefatcalf.com

What is the mission statement of The Fatted Calf?

The organization, known as The Fatted Calf, is committed to honoring and adhering to God's will by offering training and career development opportunities to those who are fatherless and less privileged in Mexico. Their mission is centered around glorifying God and uplifting these individuals, striving to empower them and provide them with the tools necessary for personal growth and professional advancement. One of their significant projects, Expo Esperanza, serves as a culmination of the summer's work, where children learn essential life skills such as respect, self-control, confidence, and communication.


Official website here: www.thefatcalf.com

Who is the CEO of The Fatted Calf?

Jake Leman is the Director & P of The Fatted Calf.


Official website here: www.thefatcalf.com

What is the revenue of The Fatted Calf?

The Fatted Calf's revenue in 2022 was $132,213.


Official website here: www.thefatcalf.com

Who are the executives of The Fatted Calf and what are their salaries?

There 5 volunteers at The Fatted Calf.


Here are 5 key members and their salaries:


Brandi Altstaetter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Baner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Wulf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Wulf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Leman (Director & P)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thefatcalf.com

Where can I find the form 990 for The Fatted Calf?

The Fatted Calf's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thefatcalf.com

Learn more at the official website: www.thefatcalf.com

Mission Statement of The Fatted Calf

The Fatted Calf is a nonprofit organization dedicated to honoring and obeying God by offering training and career development opportunities to the fatherless and less privileged individuals in Mexico. The mission of this nonprofit is multifaceted, aiming to uplift and empower its beneficiaries. Through its initiatives, The Fatted Calf seeks to instill values such as respect, self-control, and confidence in the individuals it serves. One of the notable projects undertaken by The Fatted Calf is Expo Esperanza, a summer program designed to equip children with essential skills. This project serves as a culmination of the children's learning experiences, where they can apply the lessons they've learned and grow as individuals.

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Impact




October, 2024

The Fatted Calf significantly impacts the lives of fatherless and less privileged individuals in Mexico by equipping them with essential skills and career development opportunities. Through its dedicated training programs, participants gain vital competencies like respect, self-control, confidence, and communication. This transformative learning culminates in events such as Expo Esperanza, where children can showcase their newly acquired skills, fostering a sense of accomplishment and hope. By investing in their futures, The Fatted Calf not only changes individual lives but also strengthens community resilience and growth, ultimately contributing to a more equitable society.




This information is meant to be a general summary of The Fatted Calf. 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.

Revenue
$132,213 (2022)
Expenses
$76,170 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $581
  • Gross Receipts: $132,213

Assets and Liabilities:

  • Total Assets: $1,533,007
  • Total Liabilities: $0
  • Net Assets: $1,533,007

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Organization Details

Founding Year

2009

Principal Officer

Jake Leman

Main Address

2301 RESEARCH PARKWAY STE 208, BROOKINGS, SD, 57006

NTEE Category

Code: J22 - Employment

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