Overview
What is Foundation For Talbert House?
The Foundation for Talbert House is a nonprofit organization established to uphold and augment the achievements of Talbert House Inc. This foundation primarily serves as a financial and fundraising resource, ensuring the continued provision of essential services by Talbert House in the future. The Foundation for Talbert House's mission is to offer enduring support, contributing to the organization's long-term success and its ability to deliver critical services effectively. By supporting the operations of Talbert House, the foundation plays a significant role in preserving its legacy and securing a brighter future for those it serves.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Foundation For Talbert House has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score of 95% indicates a well-managed organization that prioritizes transparency and responsible financial practices. The evaluation is based entirely on the Accountability & Finance score, suggesting that the nonprofit excels in these essential areas.
The organization has an independent board with 10 out of 10 members, which reinforces governance and oversight. Additionally, the financial practices are sound, with no material diversion of assets reported and excellent policies in place, such as for conflict of interest and whistleblower protections. The fiscal health indicators show good ratios, with a program expense ratio of 90.65%, meaning a significant portion of resources directly supports its mission.
While the rating reflects strengths in financial management, it does not provide insights into the organization's impact or effectiveness in its service delivery. Therefore, while the Foundation For Talbert House demonstrates robust financial accountability, potential donors and stakeholders might want to look for additional information regarding its program outcomes and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Talbert House legitimate?
Foundation For Talbert House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Talbert House 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:
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What is the mission statement of Foundation For Talbert House?
The Foundation for Talbert House is established with the primary objective of supporting and advancing the success of Talbert House Inc. Its mission is to provide financial and fundraising assistance, aiming to create a lasting legacy that ensures Talbert House can continue offering essential services in the future. The foundation's activities primarily focus on supporting the operational needs of Talbert House.
Who is the CEO of Foundation For Talbert House?
Neil Tilow is the CEO of Foundation For Talbert House The CEO's salary of Foundation For Talbert House is $0 and their total compensation is $0.
What is the revenue of Foundation For Talbert House?
Foundation For Talbert House's revenue in 2023 was $4,931,163.
Who are the executives of Foundation For Talbert House and what are their salaries?
There 15 volunteers at Foundation For Talbert House.
Here are 14 key members and their salaries (Foundation For Talbert House's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Foundation For Talbert House?
Foundation For Talbert House's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Foundation For Talbert House
The Foundation for Talbert House is dedicated to serving as a supportive entity for Talbert House Inc., with the ultimate goal of ensuring the organization's continued success. This foundation's mission lies in providing financial and fundraising assistance, aiming to establish a lasting legacy that enables Talbert House to continue offering essential services in the future. The Foundation for Talbert House contributes to the operations of Talbert House, ensuring that the organization can continue its vital work in the community.
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Impact
October, 2024
Foundation for Talbert House significantly impacts its community by providing essential financial and fundraising support to Talbert House Inc. This support ensures the ongoing success of critical programs that address the needs of individuals and families in Cincinnati, Ohio. By focusing on creating a lasting legacy, the foundation helps sustain vital services, empowering those facing challenges related to mental health, substance abuse, and other social issues. Through its initiatives, the foundation strengthens the operational capacity of Talbert House, enabling it to deliver crucial human services and positively transform lives in the community.
This information is meant to be a general summary of Foundation For Talbert House. 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: $176,102
- Gross Receipts: $5,058,295
Assets and Liabilities:
- Total Assets: $8,056,272
- Total Liabilities: $182,118
- Net Assets: $7,874,154
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Organization Details
Founding Year
1998
Principal Officer
Rachel Rasmussen
NTEE Category
Code: P112 - Human services
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