Overview
What is Tallmadge Foundation?
The Tallmadge Foundation is a nonprofit organization situated in Tallmadge, Ohio, primarily dedicated to promoting and strengthening educational, cultural, and recreational opportunities within the community. They accomplish this by granting funds to various local organizations for educational and cultural purposes, as well as offering scholarships to high school students from Tallmadge. The foundation's mission is to foster, enhance, and support the growth and development of these sectors, ultimately enriching the lives of the community members.
Official website here: www.tallmadge-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Tallmadge Foundation has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The foundation's overall score is based solely on its accountability and finance metrics, showcasing its commitment to financial transparency and effective governance.
The foundation excels in several areas, including having a fully independent board and no reported material diversion of assets. With an impressive program expense ratio of 90.31%, it demonstrates a strong focus on its mission-driven activities, ensuring that the majority of its funds are directed towards programs rather than administrative costs.
While the data highlights significant strengths in governance and financial practices, it is important to continually assess the impact of the foundation's programs and services. Transparency in operations and a commitment to accountability will further enhance its reputation and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Tallmadge Foundation legitimate?
Tallmadge Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tallmadge 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.
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For more financial information, click here
Official website here: www.tallmadge-foundation.org
What is the mission statement of Tallmadge Foundation?
The Tallmadge Foundation's mission is centered around promoting educational, cultural, and recreational growth in its community. Specifically, the foundation seeks to foster, enhance, and support these aspects of enrichment by granting funds to various organizations for educational and cultural purposes. Additionally, the foundation offers scholarships to high school students in the community, thereby contributing to their overall development.
Official website here: www.tallmadge-foundation.org
Who is the CEO of Tallmadge Foundation?
Rebecca Allman is the President of Tallmadge Foundation.
Official website here: www.tallmadge-foundation.org
What is the revenue of Tallmadge Foundation?
Tallmadge Foundation's revenue in 2022 was $57,712.
Official website here: www.tallmadge-foundation.org
Who are the executives of Tallmadge Foundation and what are their salaries?
There 32 volunteers at Tallmadge Foundation.
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Official website here: www.tallmadge-foundation.org
Where can I find the form 990 for Tallmadge Foundation?
Tallmadge Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tallmadge-foundation.org
Learn more at the official website: www.tallmadge-foundation.org
Mission Statement of Tallmadge Foundation
The Tallmadge Foundation, with its mission, is dedicated to promoting, enhancing, and strengthening educational, cultural, and recreational growth within its community. By providing financial assistance to various organizations and offering scholarships to high school students from Tallmadge, this nonprofit aims to foster and nurture these enriching aspects, thereby contributing to the overall development of its community members.
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Impact
August, 2024
The Tallmadge Foundation has a significant impact on the community of Tallmadge, Ohio by fostering, enhancing, and supporting educational, cultural, and recreational enrichment. Through providing grants to various organizations for education and cultural purposes, as well as scholarships to Tallmadge high school students, the foundation plays a crucial role in advancing the overall well-being and development of the community. This philanthropic work contributes to the improvement of educational opportunities, cultural engagement, and recreational activities within Tallmadge, ultimately enriching the lives of its residents and strengthening the community as a whole.
This information is meant to be a general summary of Tallmadge 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: $16,942
- Gross Receipts: $57,712
Assets and Liabilities:
- Total Assets: $655,789
- Total Liabilities: $0
- Net Assets: $655,789
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Organization Details
Founding Year
1985
Phone
(330) 696-1535Principal Officer
Rebecca Allman
Main Address
PO BOX 62, TALLMADGE, OH, 44278
Website
www.tallmadge-foundation.orgNTEE Category
Code: T31 - Philanthropy
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