Overview
What is Archbold Area Foundation?
The Archbold Area Foundation is a benevolent organization situated in Archbold, Ohio. Their primary mission is to enrich the quality of life for the community's residents by offering financial support to various nonprofit organizations. These organizations contribute to various causes, aiming to improve the community as a whole. The Foundation also extends its support to further the education of its locals through educational assistance programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Archbold Area Foundation has received a Four-Star rating from Charity Navigator, reflecting its strong financial health and commitment to accountability. The overall score is derived entirely from its Accountability & Finance metrics, where it achieved an impressive 94%. This high rating indicates that the foundation is effectively managing its resources and adhering to best practices in nonprofit governance.
One of the notable strengths of the Archbold Area Foundation is its independent board, which comprises 100% independent members. This strong governance structure is complemented by a well-documented conflict of interest policy and a whistleblower policy, both of which have scored full marks. Additionally, the foundation has a clean record with no material diversions of assets, ensuring that donor contributions are directed appropriately.
However, while the foundation shows significant strengths in financial management and transparency, it is important for potential donors and stakeholders to remain informed about ongoing initiatives and program impacts. The high program expense ratio of 90.24% indicates that a substantial portion of funds is directed to its programs, but continued scrutiny and engagement are essential for understanding the long-term effectiveness of its efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Archbold Area Foundation legitimate?
Archbold Area Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Archbold Area 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: $0
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What is the mission statement of Archbold Area Foundation?
The Archbold Area Foundation's mission is centered around supporting its community and its residents. It achieves this by making donations to various causes and nonprofit organizations, aiming to enhance the quality of life for the community's inhabitants. Furthermore, the foundation is dedicated to advancing the education of its residents through education assistance programs. In essence, the Archbold Area Foundation works to improve its community by providing financial and educational support to numerous nonprofit organizations, thereby fostering a better living environment for its residents.
Who is the CEO of Archbold Area Foundation?
Kent Roth is the President of Archbold Area Foundation.
What is the revenue of Archbold Area Foundation?
Archbold Area Foundation's revenue in 2023 was -$29,767.
Who are the executives of Archbold Area Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Archbold Area Foundation?
Archbold Area Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Archbold Area Foundation
The Archbold Area Foundation, in its mission, is dedicated to supporting its community and its residents. This nonprofit organization extends its aid to various causes and nonprofit organizations, contributing to the betterment of the community as a whole. Beyond financial donations, the Archbold Area Foundation also focuses on furthering the education of its residents. This is achieved through education assistance programs, aiming to enhance the overall quality of life for those living in the community. By providing support to numerous nonprofit organizations and investing in the education of its residents, the Archbold Area Foundation plays a crucial role in creating a more prosperous and enriching living environment.
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Impact
October, 2024
Archbold Area Foundation plays a significant role in enhancing the quality of life for residents in and around Archbold, Ohio. Through generous donations and support to various local initiatives and organizations, it addresses a wide range of community needs. The foundation focuses on community betterment by providing resources that foster social development and support essential services.
One of the critical impacts of the foundation is its commitment to education. By offering education assistance, it empowers residents to pursue learning opportunities, furthering their personal and professional growth. This investment in education not only enriches individual lives but also contributes to the overall development of the community.
Through these efforts, Archbold Area Foundation helps create a more vibrant, supportive environment that encourages the well-being of all community members. Its activities promote collaboration among local organizations, ensuring that resources are effectively utilized to meet the diverse needs of the population.
This information is meant to be a general summary of Archbold Area 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 2023.
- Investment Income: -$33,984
- Gross Receipts: $1,909,603
Assets and Liabilities:
- Total Assets: $1,888,662
- Total Liabilities: $0
- Net Assets: $1,888,662
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Organization Details
Founding Year
1984
Phone
(419) 446-2501Principal Officer
Kent Roth
Main Address
PO BOX 224, ARCHBOLD, OH, 43502
NTEE Category
Code: B82Z - Education
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