Overview
What is Athens County Foundation?
Athens County Foundation is a nonprofit organization situated in Athens, Ohio. Their primary role involves awarding competitive grants and distributions to local organizations, focusing on areas such as education, welfare enhancement, civic projects, and community betterment. During the year, they granted a total of 115 awards to organizations within their vicinity. The organization's purpose is to enhance the quality of life in their region, by building endowments, distributing grants, and advocating for key community issues for future generations. The Athens County Foundation currently employs a team of four individuals.
Official website here: www.athensfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Athens County Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, as well as a robust commitment to community engagement. With an impressive 100% independent board and a total of 12 members, the foundation demonstrates a high level of governance and oversight, ensuring that resources are used effectively and transparently.
The organization's financial health is noteworthy, boasting a low liabilities to assets ratio of 4.73% and a substantial working capital ratio of 9.36 years, indicating strong financial stability. Additionally, it has scored perfectly on several accountability measures, including constituent feedback and usage, showcasing its responsiveness to community needs and feedback.
However, while the Foundation has solid scores in equity strategies and data, there is room for improvement in its equity policies and processes, where it scored 4 out of 7. This suggests that while the Foundation is making strides in equity, it could enhance its practices to further support inclusivity and representation within its operations and community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Athens County Foundation legitimate?
Athens County Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Athens County 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: $93,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,624
For more financial information, click here
Official website here: www.athensfoundation.org
What is the mission statement of Athens County Foundation?
The Athens County Foundation plays a significant role in enhancing the quality of life for its community members. It accomplishes this by building endowments, granting funds, and taking a leadership role in addressing key community issues, with the aim of making a positive impact for generations to come. Through a competitive application and review process, the foundation awards grants and distributions to organizations, primarily focusing on education, welfare enhancement, civic projects, and community betterment. In the previous year, 115 grants were awarded to organizations in the Athens, Ohio, area and its surrounding regions.
Official website here: www.athensfoundation.org
What is the revenue of Athens County Foundation?
Athens County Foundation's revenue in 2023 was $2,417,036.
Official website here: www.athensfoundation.org
Who are the executives of Athens County Foundation and what are their salaries?
The average compensation at Athens County Foundation during 2023 was $59,514. There are 5 employees and 80 volunteers at Athens County Foundation.
Here are 14 key members and their salaries:
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- Compensation: $91,250
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- Other: $2,694
Official website here: www.athensfoundation.org
Where can I find the form 990 for Athens County Foundation?
Athens County Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.athensfoundation.org
Learn more at the official website: www.athensfoundation.org
Mission Statement of Athens County Foundation
The Athens County Foundation is an organization committed to enhancing the quality of life for its region's residents. It achieves this by building endowments, awarding grants, and providing leadership on critical community issues, ensuring benefits for generations to come. The foundation's primary approach to making a difference involves a competitive grant and distribution process. By focusing on education, welfare enhancement, civic projects, and community betterment, the foundation provides financial support to organizations within Athens, Ohio, and its surrounding areas. In the previous year, this benevolent organization dispersed 115 grants through a thorough application and review process.
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Impact
October, 2024
The Athens County Foundation has a significant impact on the local community through its competitive grant awards and distributions. By focusing on education, welfare enhancement, civic projects, and community betterment, the Foundation plays a crucial role in supporting organizations throughout Athens, Ohio, and the surrounding area. In the past year alone, the Foundation awarded 115 grants, directly enhancing the quality of life for residents. By building endowments and providing leadership on vital community issues, the Foundation ensures that resources are allocated where they are needed most, fostering growth and sustainability for generations to come.
This information is meant to be a general summary of Athens County 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 2023.
- Investment Income: $216,370
- Program Service Revenue: $25,004
- Gross Receipts: $3,274,409
Assets and Liabilities:
- Total Assets: $9,078,445
- Total Liabilities: $476,111
- Net Assets: $8,602,334
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEADERSHIP ATHENS
Revenue
$17,730
ADMINISTRATIVE FEE
Revenue
$7,274
Organization Details
Founding Year
1980
Principal Officer
Kerry Pigman
Website
www.athensfoundation.orgNTEE Category
Code: T31 - Philanthropy
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