Overview
What is Your Community Foundation Of North Central Wv Inc?
Your Community Foundation of North Central West Virginia, Inc., situated in Morgantown, WV, is a philanthropic organization dedicated to fostering charitable initiatives. It collaborates with individuals, organizations, and businesses to shape their philanthropic aspirations. By managing and facilitating funds, this nonprofit aims to address current community needs and future challenges in North Central West Virginia. By partnering with funding and civic entities, it successfully reduces costs, develops programs, and enhances the scope and efficiency of charitable giving in the region. The foundation's mission is to promote philanthropy and establish endowment funds to improve the communities it serves.
Official website here: www.ycfwv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star Rating
Your Community Foundation Of North Central Wv Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. The organization scored a perfect 100% in its accountability and finance metrics, indicating strong governance practices, including a fully independent board and rigorous financial oversight.
The foundation demonstrates exceptional financial health, with a program expense ratio of 85.04%, showcasing its dedication to direct charitable activities. Additionally, the organization boasts a fundraising efficiency ratio of just $0.01, illustrating effective management of fundraising costs. The long working capital ratio of 21.44 years suggests that it is well-positioned to sustain its operations without immediate financial pressures.
There are no significant limitations noted in the rating data, as the organization received full marks across various governance and operational metrics. Overall, this rating underscores the foundation's reliability and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Your Community Foundation Of North Central Wv Inc legitimate?
Your Community Foundation Of North Central Wv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Your Community Foundation Of North Central Wv 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: $164,928
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,288
For more financial information, click here
Official website here: www.ycfwv.org
What is the mission statement of Your Community Foundation Of North Central Wv Inc?
The mission of Your Community Foundation of North Central WV Inc. is centered around promoting philanthropy and establishing endowment funds to benefit various communities. This foundation serves as a connector, collaborating with individuals, organizations, and businesses to help fulfill their charitable aspirations. By facilitating and managing funds, they aim to address current community needs and future challenges, thereby reducing costs, developing programs, and enhancing the scope and efficiency of charitable giving. In essence, the foundation's role is to foster philanthropy and create long-term financial resources for community betterment.
Official website here: www.ycfwv.org
Who is the CEO of Your Community Foundation Of North Central Wv Inc?
Patricia S Ryan is the Chair of Your Community Foundation Of North Central Wv Inc.
Official website here: www.ycfwv.org
What is the revenue of Your Community Foundation Of North Central Wv Inc?
Your Community Foundation Of North Central Wv Inc's revenue in 2022 was $2,201,933.
Official website here: www.ycfwv.org
Who are the executives of Your Community Foundation Of North Central Wv Inc and what are their salaries?
The average compensation at Your Community Foundation Of North Central Wv Inc during 2022 was $35,536. There are 6 employees and 150 volunteers at Your Community Foundation Of North Central Wv Inc.
Here are 12 key members and their salaries:
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- Compensation: $57,711
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Official website here: www.ycfwv.org
Where can I find the form 990 for Your Community Foundation Of North Central Wv Inc?
Your Community Foundation Of North Central Wv Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ycfwv.org
Learn more at the official website: www.ycfwv.org
Mission Statement of Your Community Foundation Of North Central Wv Inc
Your Community Foundation of North Central West Virginia, Inc. (YCF) is committed to fostering philanthropy and establishing endowment funds to enhance their communities. The organization's mission is twofold. Firstly, YCF works towards promoting philanthropy, encouraging individuals, organizations, and businesses to develop and realize their charitable aspirations. Secondly, YCF facilitates and manages funds, aiming to address current community needs and prepare for future challenges. This collaborative approach with funding and civic partners has resulted in cost reductions, the expansion of programs, and an enhanced scope and efficiency in charitable giving within North Central West Virginia.
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Impact
October, 2024
Your Community Foundation of North Central West Virginia, Inc. (YCF) significantly enhances the region's philanthropic landscape. By promoting philanthropy and establishing endowment funds, YCF plays a pivotal role in addressing both immediate community needs and future challenges.
Through effective collaboration with individuals, organizations, and businesses, YCF connects charitable aspirations with tangible outcomes. This partnership model not only facilitates and manages funds but also helps maximize the impact of charitable giving. By cutting costs and building programs, YCF increases the efficiency of donor contributions, ultimately benefiting various sectors and initiatives within the community. Its efforts ensure that the spirit of giving translates into meaningful support, fostering a healthier, more engaged, and resilient North Central West Virginia.
This information is meant to be a general summary of Your Community Foundation Of North Central Wv 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.
- Investment Income: $130,882
- Gross Receipts: $2,522,932
Assets and Liabilities:
- Total Assets: $20,439,928
- Total Liabilities: $2,325,990
- Net Assets: $18,113,938
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Organization Details
Founding Year
2011
Phone
(304) 296-3433Principal Officer
Patricia S Ryan
Main Address
PO BOX 409, MORGANTOWN, WV, 26507
Website
www.ycfwv.orgNTEE Category
Code: T20 - Philanthropy
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