Norwalk Parochial School Char Trust Civista Bank

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341269181 ✦ Sandusky, OH ✦ Designated as a 501(c)(3)

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Overview

What is Norwalk Parochial School Char Trust Civista Bank?

Norwalk Parochial School Char Trust Civista Bank is a charitable organization situated in Sandusky, Ohio. Its primary focus is on offering assistance to Parochial schools, particularly those in Norwalk and the surrounding Catholic institutions. The organization's mission is to provide essential support to these educational institutions, ensuring their continued success and well-being. By doing so, Norwalk Parochial School Char Trust Civista Bank plays a significant role in fostering educational opportunities for the young people of Norwalk.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)

Norwalk Parochial School Char Trust Civista Bank has received a two-star rating from Charity Navigator, indicating a need for improvement despite a solid accountability and finance score of 100%. The organization benefits from having a fully independent board, which is crucial for governance and oversight. However, key areas such as website transparency and document retention policies have significant shortcomings.

The organization scored poorly on independent board size and documentation processes, with a total of zero points in several categories related to transparency and policy implementation. While it excels in financial oversight with a strong liabilities to assets ratio and program expense ratio, the lack of a whistleblower policy and proper documentation can raise concerns regarding operational integrity and accountability.

In summary, while Norwalk Parochial School Char Trust Civista Bank demonstrates strong financial management and governance aspects, it is essential for the organization to address its transparency issues and policy deficiencies to enhance its overall standing and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Norwalk Parochial School Char Trust Civista Bank legitimate?

Norwalk Parochial School Char Trust Civista Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norwalk Parochial School Char Trust Civista Bank 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

What is the mission statement of Norwalk Parochial School Char Trust Civista Bank?

Norwalk Parochial School Char Trust Civista Bank is dedicated to offering assistance to local Parochial schools in Norwalk, Ohio, with a particular focus on the Norwalk Catholic schools. The organization's primary mission is to provide support to these educational institutions. By doing so, it aims to contribute positively to the educational community in Norwalk, Ohio. Despite not providing specific details about the nature of this support, it is clear that Norwalk Parochial School Char Trust Civista Bank is committed to promoting the success and well-being of Parochial schools in the area.

Who is the CEO of Norwalk Parochial School Char Trust Civista Bank?

Unavailable

What is the revenue of Norwalk Parochial School Char Trust Civista Bank?

Norwalk Parochial School Char Trust Civista Bank's revenue in 2023 was $141,367.

Who are the executives of Norwalk Parochial School Char Trust Civista Bank and what are their salaries?


Here are 3 key members and their salaries:


Civista Bank (Trustee)
  • Compensation: $33,132
  • Related: $0
  • Other: $0
Dennis Camp (Advisory Boa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Hipp (Advisory Boa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Norwalk Parochial School Char Trust Civista Bank?

Norwalk Parochial School Char Trust Civista Bank's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Norwalk Parochial School Char Trust Civista Bank

Norwalk Parochial School Char Trust Civista Bank, a nonprofit organization, is dedicated to supporting Parochial schools in Norwalk, Ohio, particularly the city's Catholic schools. Their mission is to provide essential assistance to these educational institutions, aiming to enhance their capabilities and contribute to the overall development of the students. By offering this support, the organization seeks to uphold the quality of education in the Parochial schools, ensuring that students have access to a nurturing and enriching learning environment.

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Impact




October, 2024

Norwalk Parochial School Char Trust Civista Bank significantly enhances the educational landscape for parochial schools in Norwalk, Ohio, particularly the Catholic schools. By focusing on providing essential support, it strengthens the resources available to these institutions, fostering an enriching environment for students. This support can lead to improved educational outcomes, enhanced extracurricular opportunities, and better facilities, all of which contribute to a more robust academic experience for the children in the community. The trust plays a vital role in promoting educational excellence, ensuring that parochial schools can continue to thrive and serve their students effectively.




This information is meant to be a general summary of Norwalk Parochial School Char Trust Civista Bank. 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.

Revenue
$141,367 (2023)
Expenses
$126,015 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $122,367
  • Gross Receipts: $744,763

Assets and Liabilities:

  • Total Assets: $3,983,190
  • Total Liabilities: $0
  • Net Assets: $3,983,190

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Organization Details

Founding Year

1979

Main Address

100 EAST WATER ST, SANDUSKY, OH, 44870

NTEE Category

Code: B12 - Education

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