Overview
What is The Middletown Ohio Kiwanis Foundation?
The Middletown Ohio Kiwanis Foundation is a charitable organization with a mission to support qualifying students through scholarships and provide financial aid to individuals in need. By offering college scholarships and offering financial assistance to community organizations, this nonprofit is dedicated to uplifting local students and supporting community initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
The Middletown Ohio Kiwanis Foundation has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 73%. The foundation demonstrates strong accountability and financial practices, highlighted by a 99.62% program expense ratio and the absence of any material diversion of assets. Additionally, it boasts a fully independent board, with all members meeting the criteria for independence.
Despite these strengths, the organization faces significant concerns regarding its governance policies. The foundation lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, each of which is critical for maintaining transparency and accountability. These gaps have contributed to the lower rating and suggest areas needing immediate attention for improvement.
Overall, while the Middletown Ohio Kiwanis Foundation effectively allocates its resources to programs, enhancements in its governance framework are crucial to elevate its standing and ensure compliance with best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is The Middletown Ohio Kiwanis Foundation legitimate?
The Middletown Ohio Kiwanis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Middletown Ohio Kiwanis 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.
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What is the mission statement of The Middletown Ohio Kiwanis Foundation?
The Middletown Ohio Kiwanis Foundation's mission is centered around providing support to those in need. Specifically, it offers scholarships to qualifying students and provides financial assistance to individuals who are economically disadvantaged. In addition to this, the foundation also contributes to community organizations, offering them necessary aid. The primary goal of the foundation is to contribute positively to the educational and financial well-being of individuals within its reach.
Who is the CEO of The Middletown Ohio Kiwanis Foundation?
Gary L Gross is the President of The Middletown Ohio Kiwanis Foundation.
What is the revenue of The Middletown Ohio Kiwanis Foundation?
The Middletown Ohio Kiwanis Foundation's revenue in 2022 was $25,662.
Who are the executives of The Middletown Ohio Kiwanis Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for The Middletown Ohio Kiwanis Foundation?
The Middletown Ohio Kiwanis Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Middletown Ohio Kiwanis Foundation
The Middletown Ohio Kiwanis Foundation is dedicated to supporting qualifying students and providing financial aid to individuals in need. This nonprofit organization offers college scholarships to deserving students, aiming to help them pursue their higher education. Additionally, it extends its generosity to various community organizations by providing them with necessary financial assistance. By undertaking these initiatives, the Middletown Ohio Kiwanis Foundation plays a significant role in uplifting the lives of students and individuals who are financially struggling.
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Impact
October, 2024
The Middletown Ohio Kiwanis Foundation significantly impacts the community by offering scholarships to qualifying students, enabling them to pursue higher education and achieve their academic goals. By providing financial assistance to those in need, the foundation supports individuals and families facing economic challenges, fostering stability and improvement within the community. Additionally, the foundation aids various community organizations, enhancing their capacity to serve local residents. Overall, the foundation plays a crucial role in promoting education and uplifting the community of Middletown, Ohio.
This information is meant to be a general summary of The Middletown Ohio Kiwanis 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.
- Investment Income: $1
- Gross Receipts: $59,525
Assets and Liabilities:
- Total Assets: $33,227
- Total Liabilities: $0
- Net Assets: $33,227
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Organization Details
Founding Year
1982
Phone
(513) 424-6035Principal Officer
Gary L Gross
Main Address
1208 SUNSET ST, MIDDLETOWN, OH, 45042
NTEE Category
Code: S80 - Community improvement
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