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David F Talevi Foundation

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

EIN: 273052142 ✦ Wells, ME ✦ Designated as a 501(c)(3)

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Overview

What is David F Talevi Foundation?

The David F Talevi Foundation is a philanthropic organization, headquartered unspecified, that actively supports other charitable organizations by making contributions. It additionally offers scholarships to children from local communities and campsites, helping them pursue higher education. Furthermore, this foundation extends its generosity to various charitable causes, making it a significant contributor to the betterment of the community at large.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Stars

The David F Talevi Foundation has received an 80% rating, which translates to a Three-Star designation based on their performance in Accountability & Finance. This strong score indicates that the foundation maintains a solid financial structure and demonstrates effective governance practices, which are essential for building trust with donors and stakeholders.

One of the key strengths highlighted is the foundation's board composition, which consists entirely of independent members, scoring a perfect 10 out of 10. Additionally, the foundation has effectively managed its assets with a liabilities to assets ratio of 0.00%, and a commendable program expense ratio of 89.37% indicates that the majority of its resources are directed towards its programs rather than administrative costs.

While the foundation has shown strengths in its financial management and governance, no significant limitations or concerns have been noted in the available data. Overall, the David F Talevi Foundation appears to operate with a strong commitment to accountability and transparency, making it a viable option for potential donors.


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

Is David F Talevi Foundation legitimate?

David F Talevi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. David F Talevi 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 David F Talevi Foundation?

The David F Talevi Foundation's mission involves making charitable contributions to various organizations. They also offer scholarships to support local and campground children in pursuing higher education. Furthermore, the foundation engages in contributing funds to various charitable initiatives.

What is the revenue of David F Talevi Foundation?

David F Talevi Foundation's revenue in 2024 was $35,013.

Who are the executives of David F Talevi Foundation and what are their salaries?

Here are 4 key members and their salaries:


Catherine Niski (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
David B Talevi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Talevi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Talevi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for David F Talevi Foundation?

David F Talevi Foundation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of David F Talevi Foundation

The David F Talevi Foundation is an organization that is committed to supporting other charitable organizations through donations. Beyond this, it extends its reach by providing scholarships to children from local and campground communities, enabling them to pursue their higher education. Furthermore, the foundation actively contributes to various charitable initiatives, demonstrating its dedication to making a positive impact in various sectors.

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Impact




August, 2024

The David F Talevi Foundation has a significant impact on the community by providing donations to other charitable organizations, offering scholarships to local and campground children for college, and contributing to various charitable causes. Through these actions, the foundation is able to support education and philanthropic efforts in the community, making a positive difference in the lives of those it touches.




This information is meant to be a general summary of David F Talevi 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.

Revenue
$35,013 (2024)
Expenses
$13,538 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $2
  • Program Service Revenue: $35,013
  • Gross Receipts: $35,013

Assets and Liabilities:

  • Total Assets: $155,629
  • Total Liabilities: $0
  • Net Assets: $155,629

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AUCTION

Revenue

$11,322

OTHER

Revenue

$10,411

BIKE RIDE

Revenue

$6,030

GOLF

Revenue

$3,981

DONATIONS

Revenue

$2,349

Organization Details

Founding Year

2011

Principal Officer

Elaine Talevi

NTEE Category

Code: B82 - Education

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