Overview
What is Blue Cap Foundation Inc?
Blue Cap Foundation Inc, situated in Blue Island, Illinois, serves as a philanthropic entity dedicated to supporting the mission of Blue Island Citizens for Persons with Intellectual Disabilities (Blue Cap). This nonprofit's primary objective is to promote Blue Cap's mission and aide in obtaining private funding for their programs that cater to the needs of children and adults with intellectual disabilities. Through their efforts, they help enhance the lives and opportunities of individuals within this community.
Official website here: www.blue-cap.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Blue Cap Foundation Inc has received a score of 76%, which translates to a Three-Star rating, indicating a moderate level of accountability and financial health. This rating is derived entirely from its Accountability & Finance beacon, reflecting how well the organization adheres to strong financial practices and governance standards.
One of the organization's strengths is its governance structure, with a fully independent board consisting of 10 out of 10 members, which enhances oversight and accountability. Additionally, the foundation has demonstrated responsible financial management with a liabilities to assets ratio of just 0.02%, and a high program expense ratio of 85.78%, indicating that a significant portion of its funds is directed towards its programs.
However, there are notable limitations, particularly regarding policies that are currently missing, such as a conflict of interest policy and a whistleblower policy. These gaps could pose potential risks to governance and transparency, which are essential for maintaining trust with donors and stakeholders. Overall, while Blue Cap Foundation Inc shows strong financial practices, addressing these policy deficiencies could enhance its overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Blue Cap Foundation Inc legitimate?
Blue Cap Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Cap Foundation Inc 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: $0
For more financial information, click here
Official website here: www.blue-cap.org
What is the mission statement of Blue Cap Foundation Inc?
The Blue Cap Foundation Inc's mission is centered around promoting the Blue Island Citizens for Persons with Intellectual Disabilities (Blue Cap) mission. They aim to assist in securing private funding for Blue Cap's programs that benefit children and adults with intellectual disabilities. Through their activities, the foundation provides financial support to Blue Cap, helping to advance their mission and improve the lives of individuals with intellectual disabilities. The Blue Cap Foundation Inc's primary role is to raise funds privately, contributing to the development and execution of programs that positively impact the community.
Official website here: www.blue-cap.org
What is the revenue of Blue Cap Foundation Inc?
Blue Cap Foundation Inc's revenue in 2024 was $105,512.
Official website here: www.blue-cap.org
Who are the executives of Blue Cap Foundation Inc and what are their salaries?
There 50 volunteers at Blue Cap Foundation Inc.
Here are 8 key members and their salaries:
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- Related: $121,076
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Official website here: www.blue-cap.org
Where can I find the form 990 for Blue Cap Foundation Inc?
Blue Cap Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.blue-cap.org
Learn more at the official website: www.blue-cap.org
Mission Statement of Blue Cap Foundation Inc
Blue Cap Foundation Inc is committed to advancing the mission of Blue Island Citizens for Persons with Intellectual Disabilities (Blue Cap). This mission revolves around promoting awareness and securing private funding for Blue Cap's programs that cater to the needs of children and adults with intellectual disabilities. By providing donations to Blue Cap, Blue Cap Foundation Inc plays a crucial role in supporting this mission and enabling Blue Cap to continue offering beneficial programs for those with intellectual disabilities.
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Impact
October, 2024
Blue Cap Foundation Inc plays a critical role in enhancing the lives of individuals with intellectual disabilities in Blue Island, Illinois. By actively promoting the mission of Blue Cap, the foundation helps raise awareness and support for programs tailored to benefit both children and adults in the community facing these challenges. Through strategic fundraising efforts, Blue Cap Foundation Inc secures private funding that directly supports essential services and initiatives designed to empower individuals with intellectual disabilities.
The foundation's impact is felt in various ways: it facilitates access to necessary programs, fosters inclusive community engagement, and encourages donations that amplify the reach and effectiveness of Blue Cap's offerings. By championing the mission of Blue Cap, the foundation not only supports those in need but also inspires greater community involvement and understanding around issues affecting people with intellectual disabilities.
This information is meant to be a general summary of Blue Cap Foundation Inc. 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 2024.
- Investment Income: $39,330
- Gross Receipts: $163,441
Assets and Liabilities:
- Total Assets: $1,235,183
- Total Liabilities: $296
- Net Assets: $1,234,887
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Organization Details
Founding Year
2001
Principal Officer
Pat Thies
Website
www.blue-cap.orgNTEE Category
Code: T30 - Philanthropy
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