Overview
What is Monclova Historical Foundation?
The Monclova Historical Foundation, situated in Monclova, Ohio, serves as a vital community resource. Its primary mission is to combat juvenile delinquency and support local groups and organizations by providing meeting space. Additionally, the foundation rents a meeting hall to individuals and leases space to the YMCA for a child care center, contributing to the well-being of the community's children. With a modest team of one employee, the Monclova Historical Foundation plays an essential role in fostering community engagement and positively impacting young lives.
Official website here: www.monclovacc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Monclova Historical Foundation has earned a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The overall score is based solely on their accountability and finance metrics, indicating strengths in certain areas such as having a fully independent board and a low liabilities to assets ratio.
The organization scored particularly well in several categories, including the independence of board members, material diversion of assets, and a high program expense ratio of 71.13%. However, the foundation fell short in areas related to governance practices, notably missing key policies such as conflict of interest and whistleblower policies. These omissions are important as they can affect transparency and trust with stakeholders.
In summary, while the Monclova Historical Foundation demonstrates strong financial health and governance in some aspects, there is room for improvement regarding its internal policies to enhance accountability further. Addressing these gaps could strengthen the foundation's overall performance and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Monclova Historical Foundation legitimate?
Monclova Historical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monclova Historical 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: $54,025
For more financial information, click here
Official website here: www.monclovacc.com
What is the mission statement of Monclova Historical Foundation?
The Monclova Historical Foundation's primary mission is centered around providing a conducive meeting space. This serves two main purposes: combating juvenile delinquency and offering a platform for local community groups and organizations. The organization achieves this by renting out a meeting hall and providing space for the YMCA to establish a child care center. All the expenses incurred under this category are aimed at fulfilling these objectives.
Official website here: www.monclovacc.com
Who is the CEO of Monclova Historical Foundation?
Jennifer Reinhart is the Director of Monclova Historical Foundation.
Official website here: www.monclovacc.com
What is the revenue of Monclova Historical Foundation?
Monclova Historical Foundation's revenue in 2022 was $58,510.
Official website here: www.monclovacc.com
Who are the executives of Monclova Historical Foundation and what are their salaries?
The average compensation at Monclova Historical Foundation during 2022 was $54,025. There is 1 employee and 25 volunteers at Monclova Historical Foundation.
Here are 8 key members and their salaries:
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Official website here: www.monclovacc.com
Where can I find the form 990 for Monclova Historical Foundation?
Monclova Historical Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.monclovacc.com
Learn more at the official website: www.monclovacc.com
Mission Statement of Monclova Historical Foundation
The Monclova Historical Foundation, as stated in its primary exempt purpose, dedicates its efforts to providing meeting spaces. This mission is aimed at combating juvenile delinquency and offering a platform for local community groups and organizations. The organization achieves this by renting out a meeting hall to individuals and providing space for the YMCA to operate a child care center. These activities are all undertaken with the objective of accomplishing these purposes.
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Impact
August, 2024
The Monclova Historical Foundation provides crucial meeting space to combat juvenile delinquency and support local community groups and organizations in Monclova, Ohio. By offering a meeting hall for rent to individuals and renting space to the YMCA for a child care center, the foundation plays a vital role in strengthening community connections and providing essential services. This impact directly contributes to community improvement efforts, fostering a sense of unity and support among residents.
This information is meant to be a general summary of Monclova Historical 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: $668
- Gross Receipts: $176,731
Assets and Liabilities:
- Total Assets: $790,710
- Total Liabilities: $70,220
- Net Assets: $720,490
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Organization Details
Founding Year
1997
Phone
(419) 861-1336Principal Officer
Jennifer Reinhart
Main Address
8115 MONCLOVA ROAD, MONCLOVA, OH, 435429706
Website
www.monclovacc.comNTEE Category
Code: S99 - Community improvement
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