Overview
What is The Mary Foundation C/O William Macfarlane?
The Mary Foundation C/O William Macfarlane is a nonprofit organization, specifically referred to as "The Mary Foundation," in this case. Their primary mission is focused on creating and distributing educational materials. While the description provided is brief, it suggests that this organization plays a significant role in disseminating knowledge through educational resources. The presence of "C/O William Macfarlane" indicates that the organization operates under this individual's supervision or sponsorship, but this information does not reveal any specific details about his role or involvement in the organization.
Official website here: www.catholicity.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%)
The Mary Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in its operational practices. While the organization has a good program expense ratio of 83.59%, reflecting its commitment to program services, concerns arise in the areas of governance and financial transparency. Specifically, the lack of independent board members and poor financial statement practices contribute to its low overall score.
Notably, the foundation does have policies in place for conflict of interest and document retention, which is positive. However, the absence of an independent board and shortcomings in financial disclosures suggest a lack of oversight that could affect accountability. Furthermore, while there are some strong points in terms of asset management and whistleblower protections, these do not fully compensate for the organization's overall governance issues.
In summary, The Mary Foundation shows promise in its program delivery but must address significant weaknesses in its financial governance and transparency to enhance trust and credibility among stakeholders. The organization would benefit from establishing a more independent board structure and improving financial reporting practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Mary Foundation C/O William Macfarlane legitimate?
The Mary Foundation C/O William Macfarlane is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mary Foundation C/O William Macfarlane 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: $128,162
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,006
For more financial information, click here
Official website here: www.catholicity.com
What is the mission statement of The Mary Foundation C/O William Macfarlane?
The organization known as The Mary Foundation distributes educational materials as part of its activities. Its mission, as stated, is centered around this objective. Specifically, it aims to produce and disseminate educational resources to a wide audience. While the information provided is limited, it suggests that the foundation is committed to promoting learning through the creation and distribution of educational materials. However, without more details, it's not possible to provide a more comprehensive understanding of its mission or its broader goals.
Official website here: www.catholicity.com
What is the revenue of The Mary Foundation C/O William Macfarlane?
The Mary Foundation C/O William Macfarlane's revenue in 2023 was $1,565,735.
Official website here: www.catholicity.com
Who are the executives of The Mary Foundation C/O William Macfarlane and what are their salaries?
The average compensation at The Mary Foundation C/O William Macfarlane during 2023 was $51,881. There are 7 employees at The Mary Foundation C/O William Macfarlane.
Here are 3 key members and their salaries:
- Compensation: $120,000
- Related: $0
- Other: $8,162
- Compensation: $78,772
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.catholicity.com
Where can I find the form 990 for The Mary Foundation C/O William Macfarlane?
The Mary Foundation C/O William Macfarlane's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.catholicity.com
Learn more at the official website: www.catholicity.com
Mission Statement of The Mary Foundation C/O William Macfarlane
The Mary Foundation C/O William Macfarlane is committed to the production and distribution of educational materials. This nonprofit organization's mission is to equip individuals with knowledge through the creation and dissemination of educational resources. By providing these materials, The Mary Foundation aims to contribute to the betterment of society, fostering an environment where information is readily available and accessible to all. The organization's activities focus on producing and distributing these educational materials, ensuring that they are of high quality and relevant to the needs of their intended audience.
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Impact
October, 2024
The Mary Foundation C/O William Macfarlane focuses on producing and distributing educational materials, significantly impacting the community by enhancing access to knowledge and resources. Located in Rocky River, Ohio, the organization seeks to empower individuals through the arts, offering tools that can foster creativity and learning. By prioritizing education in their mission, The Mary Foundation contributes to the cultural and intellectual growth of the community, providing valuable resources that can inspire and inform a diverse audience.
This information is meant to be a general summary of The Mary Foundation C/O William Macfarlane. 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: $3,757
- Gross Receipts: $1,565,735
Assets and Liabilities:
- Total Assets: $428,632
- Total Liabilities: $67,500
- Net Assets: $361,132
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Organization Details
Founding Year
1992
Principal Officer
William Macfarlane
Website
www.catholicity.comNTEE Category
Code: A30Z - Arts
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