Overview
What is Four Corners Foundation Inc?
Four Corners Foundation Inc, based in Farmington, New Mexico, is a 501(C)(3) nonprofit organization that serves as a vital resource for the community. Their primary mission is to collect and manage resources, aiming to improve facilities and services that cater to the physical and emotional needs of individuals seeking self-reliant, productive lifestyles. With a small team of two dedicated employees, Four Corners Foundation Inc strives to contribute positively to society by supporting and enhancing existing services. The organization's mission is to ensure that these resources are effectively utilized to address the needs of the community, ultimately enabling individuals to live fulfilling, self-sufficient lives.
Official website here: www.fourcornersfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Four Corners Foundation Inc has received a two-star rating from Charity Navigator, with an overall score of 73%. This rating indicates that while the organization demonstrates some strengths, there are significant areas needing improvement, particularly regarding financial transparency and governance practices. The foundation has a strong program expense ratio of 94.77%, indicating that a substantial portion of its resources is directed towards its programs rather than administrative costs.
On governance, the organization boasts a completely independent board, with 100% of its members meeting this criterion. This structure is favorable as it enhances accountability. However, there are notable weaknesses regarding essential policies and documentation; specifically, the absence of a whistleblower policy and a document retention policy, as well as missing financial statements on its website, raises concerns about transparency and operational practices.
The organization does perform well in certain financial metrics, such as its low liabilities to assets ratio of 7.14%, signaling good financial health. Nevertheless, the lack of publicly available financial documentation could hinder potential donors' confidence in its operations. Overall, while Four Corners Foundation Inc shows promise in its programmatic efforts, it will benefit from improving its financial accountability and governance policies to enhance its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Four Corners Foundation Inc legitimate?
Four Corners Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Four Corners Foundation Inc 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: $13,270
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Official website here: www.fourcornersfoundation.org
What is the mission statement of Four Corners Foundation Inc?
Four Corners Foundation Inc, as a 501(c)(3) not-for-profit organization, collects and manages community resources to enhance facilities and services that cater to the physical and emotional needs of individuals striving for self-reliant, productive lifestyles. The foundation aims to support these individuals, enabling them to contribute positively to society. By administering these resources, Four Corners Foundation Inc works towards improving the overall well-being of these individuals, ultimately fostering their ability to lead fulfilling lives.
Official website here: www.fourcornersfoundation.org
Who is the CEO of Four Corners Foundation Inc?
Matthew Dekay Md is the Secretary of Four Corners Foundation Inc.
Official website here: www.fourcornersfoundation.org
What is the revenue of Four Corners Foundation Inc?
Four Corners Foundation Inc's revenue in 2022 was $568,144.
Official website here: www.fourcornersfoundation.org
Who are the executives of Four Corners Foundation Inc and what are their salaries?
The average compensation at Four Corners Foundation Inc during 2022 was $6,635. There are 2 employees at Four Corners Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.fourcornersfoundation.org
Where can I find the form 990 for Four Corners Foundation Inc?
Four Corners Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fourcornersfoundation.org
Learn more at the official website: www.fourcornersfoundation.org
Mission Statement of Four Corners Foundation Inc
Four Corners Foundation, a 501(c)(3) organization, is dedicated to receiving and managing community resources to enhance and improve facilities and services that cater to the physical and emotional needs of individuals who aspire to lead self-reliant, productive lives and contribute to society. The foundation's mission is to support and improve these essential resources, enabling people to overcome their challenges and make meaningful contributions to their communities. By administering these resources effectively, Four Corners Foundation plays a vital role in fostering a sense of self-sufficiency and empowerment among the individuals it serves.
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Impact
July, 2024
Four Corners Foundation Inc plays a crucial role in supporting and improving facilities and services that address the physical and emotional needs of individuals striving to achieve self-reliant, productive lifestyles and contribute to society. Its impact is evident in the positive transformation and empowerment it brings to people in need within the community. Through its 501(c)(3) not-for-profit status, Four Corners Foundation Inc effectively administers community resources to provide essential support and services that enhance the well-being and self-sufficiency of individuals. By focusing on human services, this organization is instrumental in creating a positive impact on the lives of those it serves.
This information is meant to be a general summary of Four Corners Foundation Inc. 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: $568,144
Assets and Liabilities:
- Total Assets: $2,687,338
- Total Liabilities: $278,822
- Net Assets: $2,408,516
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Organization Details
Founding Year
2011
Phone
(505) 427-0507Principal Officer
Matthew Dekay Md
Main Address
PO BOX 5160, FARMINGTON, NM, 87499
NTEE Category
Code: P20 - Human services
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