Overview
What is The Foundation For Community Betterment?
The Foundation For Community Betterment is a national nonprofit organization situated in Arnold, Maryland. Their primary mission is to empower individuals of all ages by actively contributing to community improvement. They achieve this by directly supporting organizations and individuals who are battling various challenges, such as illnesses, financial hardships, natural disasters, and physical disabilities. The Foundation's purpose is to create an immediate, positive impact on the lives of those who share their philanthropic vision, thereby enhancing communities across the nation. With a small team of one dedicated individual, they are committed to making a difference.
Official website here: www.communitybetterment.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Foundation For Community Betterment has received a solid rating of 83% from Charity Navigator, indicating a strong performance in accountability and finance. This score reflects the organization’s commitment to transparency and good governance, with a perfect score in areas such as board independence and material diversion of assets. The charity operates with an independent board composed entirely of 14 members, which enhances its credibility and effectiveness.
The organization demonstrates a strong financial health with an impressive program expense ratio of 87.36%, indicating that a substantial portion of its funds is directed toward its mission-related activities. Additionally, the charity has a favorable liabilities to assets ratio of 1.11%, suggesting that it maintains a stable and sustainable financial position. These factors collectively contribute to its positive reputation within the nonprofit sector.
However, there are some areas that could benefit from improvement. The Foundation For Community Betterment is missing a whistleblower policy and document retention and destruction policy, which are important for ensuring ethical practices and operational transparency. Addressing these gaps could enhance the organization’s overall accountability and governance framework.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Foundation For Community Betterment?
100% of 10 reviewers on Facebook recommend The Foundation For Community Betterment. Here is a summary of their insights:
Several reviewers express deep pride in being part of this organization, highlighting its amazing network dedicated to supporting families. The strong sense of community and shared purpose in making a difference is a recurring theme in their comments, emphasizing the impactful work the foundation does.
Overall, the feedback reflects a high level of satisfaction with the foundation's mission and operations, affirming that it successfully delivers on its promises to the community. The positive sentiment indicates that members feel valued and inspired by the foundation's efforts.
This AI summary has been generated from reviews found on Facebook.
Is The Foundation For Community Betterment legitimate?
The Foundation For Community Betterment is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Community Betterment 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: $41,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.communitybetterment.org
What is the mission statement of The Foundation For Community Betterment?
The Foundation for Community Betterment is a national organization with a mission to encourage the involvement of individuals of all ages in community enhancement. Their objective is to create and promptly implement positive changes in the lives of individuals or organizations that align with their philanthropic vision. The organization supports various organizations that assist individuals dealing with challenges, such as illness, natural disasters, financial difficulties, and physical disabilities. Furthermore, they directly aid individuals facing these challenges, providing them with necessary assistance.
Official website here: www.communitybetterment.org
Who is the CEO of The Foundation For Community Betterment?
Daryl Cooke is the Executive Director of The Foundation For Community Betterment.
Official website here: www.communitybetterment.org
What is the revenue of The Foundation For Community Betterment?
The Foundation For Community Betterment's revenue in 2022 was $182,545.
Official website here: www.communitybetterment.org
Who are the executives of The Foundation For Community Betterment and what are their salaries?
The average compensation at The Foundation For Community Betterment during 2022 was $41,500. There is 1 employee at The Foundation For Community Betterment.
Here are 17 key members and their salaries:
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Official website here: www.communitybetterment.org
Where can I find the form 990 for The Foundation For Community Betterment?
The Foundation For Community Betterment's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communitybetterment.org
Learn more at the official website: www.communitybetterment.org
Mission Statement of The Foundation For Community Betterment
The Foundation for Community Betterment is a nationwide organization with a mission to inspire individuals of all ages to contribute positively to their communities. By creating immediate impacts, this philanthropic group aims to improve the lives of individuals and organizations that share its vision, thereby fostering a sense of community enhancement. This national organization is dedicated to supporting organizations and individuals who are grappling with various challenges, such as illness, natural disasters, financial hardships, and physical disabilities. The Foundation for Community Betterment serves as a beacon of hope, providing assistance and aid to those in need, thereby contributing to a more compassionate and inclusive society.
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Impact
October, 2024
The Foundation For Community Betterment creates immediate, positive impacts on the lives of individuals and organizations facing various challenges. By supporting those grappling with issues such as illness, natural disasters, financial difficulties, and physical disabilities, it fosters resilience and community enhancement. Through its initiatives, the organization engages people of all ages in philanthropic efforts, encouraging a collective drive toward community improvement and enrichment. This commitment not only aids individuals directly but also bolsters organizations that share a similar mission, amplifying their reach and effectiveness in addressing the needs of those they serve.
This information is meant to be a general summary of The Foundation For Community Betterment. 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.
- Gross Receipts: $277,489
Assets and Liabilities:
- Total Assets: $378,773
- Total Liabilities: $4,237
- Net Assets: $374,536
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Organization Details
Founding Year
2000
Principal Officer
Daryl Cooke
Main Address
P O Box 358, Arnold, MD, 21012
Website
www.communitybetterment.orgNTEE Category
Code: S30 - Community improvement
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