Overview
What is Vian Community Foundation?
Vian Community Foundation is a nonprofit organization situated in Vian, Oklahoma. Their primary mission is to construct and manage facilities that cater to fitness, cultural, sports, and educational needs within the community. This foundation plays a significant role in offering various community activities and services, benefiting the residents of Vian and its surrounding areas. They are dedicated to enhancing the quality of life for the local population through their facilities and initiatives.
What are the reviews and ratings of this charity?
Charity Navigator rating: 71%, Two-Star out of Four Star rating.
The Vian Community Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of effectiveness in its operations. The overall score reflects strong performance in areas such as accountability and finance, with a particular emphasis on the foundation's governance structure, which is composed entirely of independent board members. Additionally, the organization demonstrates a sound financial health with a low liabilities to assets ratio and a high program expense ratio, suggesting that a significant portion of its funds is directed toward its mission-related programs.
However, while the foundation shows strengths in governance and financial management, the overall rating of 71% suggests there may be areas for improvement in its operational transparency or effectiveness in achieving broader impact goals. This rating places the Vian Community Foundation in a category that signals potential concerns for some donors who prioritize higher-rated organizations for their contributions. Continued attention to these aspects could enhance its standing and effectiveness in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Vian Community Foundation legitimate?
Vian Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vian Community 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 Vian Community Foundation?
The Vian Community Foundation is committed to serving the community and its residents in surrounding areas. Their mission is to establish and maintain facilities that cater to various services, including fitness, culture, sports, and education. The primary objective of the foundation is to enhance the well-being of the people by providing these essential community activities. The foundation's mission is centered around fostering a vibrant and engaged community, ensuring the availability of essential services for its residents.
Who is the CEO of Vian Community Foundation?
Suzanne Sullivan is the Ceo of Vian Community Foundation. The CEO's salary of Vian Community Foundation is $0 and their total compensation is $0.
What is the revenue of Vian Community Foundation?
Vian Community Foundation's revenue in 2022 was $2,472,701.
Who are the executives of Vian Community Foundation and what are their salaries?
Here are 11 key members and their salaries (Vian Community Foundation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Vian Community Foundation?
Vian Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vian Community Foundation
The Vian Community Foundation is committed to serving the residents in its vicinity by providing a variety of community activities and services. Its mission, in essence, is centered around constructing and maintaining facilities that cater to fitness, cultural, sports, and educational needs of the people residing in Vian, Oklahoma. This foundation strives to contribute positively to the community by offering facilities that promote physical wellbeing, cultural enrichment, and educational opportunities, thereby enhancing the overall quality of life for its residents.
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Impact
October, 2024
Vian Community Foundation significantly enriches the lives of residents in Vian and the surrounding areas by facilitating a wide range of community activities and services. Its impact is evident in the development and maintenance of essential facilities dedicated to fitness, culture, sports, and education. These initiatives foster a sense of community, promote healthy lifestyles, and encourage lifelong learning. By providing spaces where individuals can participate in various activities and programs, the foundation helps to enhance the overall quality of life for the residents of Vian, Oklahoma.
This information is meant to be a general summary of Vian Community 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.
- Program Service Revenue: $29,617
- Gross Receipts: $2,472,701
Assets and Liabilities:
- Total Assets: $2,344,535
- Total Liabilities: $814,301
- Net Assets: $1,530,234
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fireworks
Revenue
$4,550
Down Town December
Revenue
$6,968
Mountain Bike & Trails
Revenue
$10,599
VIE Grant
Revenue
$7,500
Organization Details
Founding Year
2010
Principal Officer
Suzanne Sullivan
Main Address
PO Box 505, Vian, OK, 74962
NTEE Category
Code: T31 - Philanthropy
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