Overview
What is Edgerton Area Foundation?
The Edgerton Area Foundation is a nonprofit organization that is committed to lending support to charitable causes within its local community. Its mission encompasses various sectors, such as education, religion, science, and other philanthropic pursuits. The foundation's primary objective is to contribute to the betterment of the Edgerton area by providing financial assistance to eligible organizations. By doing so, it aims to foster a positive impact in numerous aspects of community life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects the organization’s overall financial and accountability performance, indicating that while the Edgerton Area Foundation has some strong governance components, there are significant areas for improvement in its transparency and policy adherence.
The foundation demonstrates strong governance with 10 out of 10 points for the majority of independent board members and board size, suggesting effective oversight. Additionally, it has scored perfectly in several financial metrics, such as the liabilities to assets ratio and program expense ratio. However, the lack of essential policies, including a conflict of interest policy and whistleblower policy, raises concerns about accountability and ethical standards.
Moreover, the absence of posted documents like the tax form on its website highlights a significant transparency issue. These factors contribute to the overall Two-Star rating, emphasizing the need for the Edgerton Area Foundation to enhance its administrative practices and public accessibility to build trust with its stakeholders and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Edgerton Area Foundation legitimate?
Edgerton Area Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edgerton 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: $13,126
For more financial information, click here
What is the mission statement of Edgerton Area Foundation?
The Edgerton Area Foundation's mission is centered around providing support for various charitable organizations. This support can extend to educational, religious, scientific, and other organizations that serve charitable purposes. The foundation aims to contribute to these organizations' efforts in fulfilling their objectives, thereby making a positive impact in their respective fields. By providing such support, the Edgerton Area Foundation contributes to the betterment of society as a whole.
Who is the CEO of Edgerton Area Foundation?
Andy Farnham is the Vice Preside of Edgerton Area Foundation.
What is the revenue of Edgerton Area Foundation?
Edgerton Area Foundation's revenue in 2022 was $43,917.
Who are the executives of Edgerton Area Foundation and what are their salaries?
The average compensation at Edgerton Area Foundation during 2022 was $4,375. There are 3 employees and 5 volunteers at Edgerton Area Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Edgerton Area Foundation?
Edgerton Area Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Edgerton Area Foundation
The Edgerton Area Foundation is committed to supporting a variety of charitable organizations within its realm. This support encompasses educational, religious, scientific, and other charitable purposes, aiming to make a positive impact in numerous sectors. The foundation's mission is to serve as a pillar of strength, providing resources and assistance to these organizations in their pursuit of achieving their objectives. By doing so, the Edgerton Area Foundation plays a significant role in fostering growth and development in the community, contributing to a more prosperous and compassionate society.
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Impact
August, 2024
The Edgerton Area Foundation has made a significant impact in supporting charitable organizations in the Edgerton area. Through its philanthropic efforts, the foundation has provided crucial funding to various organizations with educational, religious, scientific, and other charitable purposes. This support has helped to strengthen the community, promote growth, and enhance the quality of life for residents in the Edgerton area. The foundation's commitment to giving back ensures that important initiatives and programs continue to thrive, making a lasting difference in the community.
This information is meant to be a general summary of Edgerton 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 2022.
- Investment Income: -$24,884
- Program Service Revenue: $2,300
- Gross Receipts: $2,065,969
Assets and Liabilities:
- Total Assets: $2,484,605
- Total Liabilities: $328
- Net Assets: $2,484,277
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,300
Organization Details
Founding Year
1988
Phone
(419) 298-2335Principal Officer
Andy Farnham
Main Address
PO BOX 523, EDGERTON, OH, 43517
NTEE Category
Code: T31Z - Philanthropy
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