Overview
What is Wapakoneta Area Community Foundatio?
The Wapakoneta Area Community Foundation, established in Wapakoneta, Ohio, serves as a public charity, dedicated to enhancing the region encompassing the Wapakoneta School District. Their primary focus is on providing scholarships and grants to individuals pursuing their education at various universities, utilizing funds from restricted sources. As a community foundation, they contribute significantly to the local area by distributing funds for charitable purposes, thereby fostering community development and growth. The organization, with a team of one dedicated employee, plays a vital role in supporting the educational aspirations of the community's residents.
Official website here: www.wapakacf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
The Wapakoneta Area Community Foundation has earned a Three-Star rating from Charity Navigator, reflecting a score of 77%. This rating is derived entirely from its accountability and finance metrics, indicating a strong emphasis on financial integrity and responsible management. The foundation demonstrates a commitment to transparency with 100% of its board members being independent and robust practices in place for document retention and destruction.
Strengths of the organization include a high program expense ratio of 82.08%, showing a significant portion of its funds directed towards programs rather than administrative costs. There are no reported material diversions of assets, which further highlights the foundation's sound financial practices. Additionally, it maintains a comprehensive conflict of interest policy and has successfully published its website on its tax form.
However, the organization is noted to be missing a whistleblower policy, which is a key aspect of accountability that could enhance trust and transparency. While the overall financial health appears strong, addressing this gap would help bolster the foundation's governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Wapakoneta Area Community Foundatio legitimate?
Wapakoneta Area Community Foundatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wapakoneta Area Community Foundatio 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: $28,437
For more financial information, click here
Official website here: www.wapakacf.org
What is the mission statement of Wapakoneta Area Community Foundatio?
The Wapakoneta Area Community Foundation serves as a public charity, focusing on the region encompassing the Wapakoneta, Ohio school district. Its primary mission is to provide scholarships and grants to individuals pursuing higher education, utilizing funds from various restricted resources. By doing so, the foundation aims to contribute positively to the local community.
Official website here: www.wapakacf.org
What is the revenue of Wapakoneta Area Community Foundatio?
Wapakoneta Area Community Foundatio's revenue in 2024 was $1,020,059.
Official website here: www.wapakacf.org
Who are the executives of Wapakoneta Area Community Foundatio and what are their salaries?
The average compensation at Wapakoneta Area Community Foundatio during 2024 was $14,218. There are 2 employees at Wapakoneta Area Community Foundatio.
Here are 14 key members and their salaries:
- Compensation: $24,000
- 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wapakacf.org
Where can I find the form 990 for Wapakoneta Area Community Foundatio?
Wapakoneta Area Community Foundatio's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wapakacf.org
Learn more at the official website: www.wapakacf.org
Mission Statement of Wapakoneta Area Community Foundatio
The Wapakoneta Area Community Foundation serves as a public charity, focusing on the region encompassing the Wapakoneta, Ohio, school district. Its mission is to contribute to the betterment of the community by providing scholarships and grants to individuals pursuing higher education, utilizing funds from various restricted sources. This nonprofit organization aims to foster growth and development within the community, investing in the education and future of its residents.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Wapakoneta Area Community Foundation significantly enhances the local community by providing scholarships and grants to individuals pursuing higher education. These financial resources support students from the Wapakoneta, Ohio School District, enabling them to attend various universities. By facilitating access to education, the foundation not only promotes individual growth but also invests in the future of the community, fostering a culture of philanthropy and support for local aspirations.
This information is meant to be a general summary of Wapakoneta Area Community Foundatio. 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: $660,051
- Gross Receipts: $1,020,059
Assets and Liabilities:
- Total Assets: $7,342,277
- Total Liabilities: $930
- Net Assets: $7,341,347
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1989
Principal Officer
John D Johnson
Website
www.wapakacf.orgNTEE Category
Code: T31 - Philanthropy
If you are a representative of Wapakoneta Area Community Foundatio and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.