Overview
What is One Columbus Foundation?
One Columbus Foundation is a nonprofit organization situated in Columbus, Ohio, specifically at 150 South Front Street 200. Its primary objective is to boost the economic growth and development of the Central Ohio region, which encompasses Licking, Fairfield, Pickaway, Madison, Union, Delaware, and Morrow counties. The foundation accomplishes this mission by supporting various economic development programs within this region, thereby positioning it as a leader in economic development.
Official website here: www.columbusregion.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (56%)
The One Columbus Foundation has received a One-Star out of Four Star rating from Charity Navigator, reflecting a score of 56%. This rating indicates significant concerns with the organization's financial health and transparency. While the foundation has strengths in governance, such as having a fully independent board and robust policies related to audit and oversight, it struggles with its financial ratios and program expenses.
Strengths of the One Columbus Foundation include a 100% independent board and a well-defined structure for financial oversight, evidenced by perfect scores in areas such as material diversion of assets and conflict of interest policies. However, the organization's program expense ratio is notably low at 13.44%, which raises concerns about its effectiveness in utilizing funds for its intended charitable purposes.
Additionally, while the foundation has many important documents listed, it has failed to post its tax form on its website, which is a transparency issue. The liabilities to assets ratio is also concerning at 0.00%, indicating potential financial instability. Overall, while the organization demonstrates good governance, the financial performance and transparency aspects require significant improvement.
This AI summary has been generated from information found on Charity Navigator.
Is One Columbus Foundation legitimate?
One Columbus Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Columbus 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.
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For more financial information, click here
Official website here: www.columbusregion.com
What is the mission statement of One Columbus Foundation?
The One Columbus Foundation's mission is centered around positioning a specific region, comprising Licking, Fairfield, Pickaway, Madison, Union, Delaware, and Morrow Counties, to thrive as a growing economy and a leader in economic development. To achieve this goal, the foundation supports various economic development programs initiated by One Columbus, with the aim of bolstering the region's economic growth and establishing its position as a leader in this field.
Official website here: www.columbusregion.com
Who is the CEO of One Columbus Foundation?
Kenny Mcdonald is the President & Ceo of One Columbus Foundation. The CEO's salary of One Columbus Foundation is $0 and their total compensation is $0.
Official website here: www.columbusregion.com
What is the revenue of One Columbus Foundation?
One Columbus Foundation's revenue in 2022 was $1,394,620.
Official website here: www.columbusregion.com
Who are the executives of One Columbus Foundation and what are their salaries?
There 16 volunteers at One Columbus Foundation.
Here are 18 key members and their salaries (One Columbus Foundation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.columbusregion.com
Where can I find the form 990 for One Columbus Foundation?
One Columbus Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.columbusregion.com
Learn more at the official website: www.columbusregion.com
Mission Statement of One Columbus Foundation
One Columbus Foundation is committed to positioning a specific region, including Licking, Fairfield, Pickaway, Madison, Union, Delaware, and Morrow counties, to become a leading force in economic development. By supporting its economic development programs, the foundation aims to bolster a growing economy in this region, ultimately transforming it into an economic leader. The mission of One Columbus Foundation is to contribute to the region's economic growth and development, ensuring a prosperous future for its communities.
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Impact
October, 2024
One Columbus Foundation significantly impacts the Central Ohio region by driving initiatives that enhance economic development across Licking, Fairfield, Pickaway, Madison, Union, Delaware, and Morrow counties. By supporting programs that aim to bolster the economy, the foundation positions this area as a growing hub for business and innovation. It focuses on creating a sustainable environment for economic growth, ultimately contributing to the overall prosperity and development of the region. Through its efforts, One Columbus Foundation plays a crucial role in making Central Ohio a leader in economic development, fostering improvements that benefit the community as a whole.
This information is meant to be a general summary of One Columbus 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.
- Gross Receipts: $1,394,620
Assets and Liabilities:
- Total Assets: $3,226,584
- Total Liabilities: $0
- Net Assets: $3,226,584
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Organization Details
Founding Year
2009
Phone
(614) 225-6931Principal Officer
Kenny Mcdonald
Main Address
150 SOUTH FRONT STREET 200, COLUMBUS, OH, 43215
Website
www.columbusregion.comNTEE Category
Code: S30 - Community improvement
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