Overview
What is The Skeggs Foundation Ima?
The Skeggs Foundation Ima is a nonprofit organization situated in Kirtland, Ohio. It is primarily focused on supporting an educational initiative, specifically the Skeggs lecture series, at Youngstown State University. This commitment to education aims to enrich the academic community and foster intellectual growth. The foundation's address is 10212 Blair Lane, Kirtland, OH 440949514.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 71%)
The Skeggs Foundation Ima has received a Two-Star rating from Charity Navigator, indicating that there are areas for improvement despite a solid Accountability & Finance score of 100%. The foundation demonstrates strong program expense management, with 73.44% of its expenditures directed towards its programs, which is a positive sign of its commitment to mission-focused work.
However, the organization faces significant challenges in governance. The board currently has no independent members, which raises concerns about oversight and objectivity. Additionally, some critical transparency issues are present, such as missing documents related to board meeting minutes and a lack of a website listed on its tax form, which could hinder public confidence.
Despite these limitations, The Skeggs Foundation Ima has effective policies in place, including conflict of interest and whistleblower policies, both of which are essential for maintaining ethical standards. Improving its governance structure and addressing transparency issues could strengthen the foundation's overall credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Skeggs Foundation Ima legitimate?
The Skeggs Foundation Ima is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Skeggs Foundation Ima 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
For more financial information, click here
What is the mission statement of The Skeggs Foundation Ima?
The Skeggs Foundation Ima's mission is centered around supporting the lecture series at Youngstown State University. By doing so, they contribute to the academic community, potentially providing students and the public with valuable learning opportunities. The specific goal of the foundation is to foster intellectual growth and knowledge exchange through this lecture series. While the foundation primarily focuses on supporting the lectures, it indirectly supports education and academic pursuits at the university.
What is the revenue of The Skeggs Foundation Ima?
The Skeggs Foundation Ima's revenue in 2023 was $91,839.
Who are the executives of The Skeggs Foundation Ima and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Skeggs Foundation Ima?
The Skeggs Foundation Ima's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Skeggs Foundation Ima
The Skeggs Foundation Ima is committed to backing the lecture series at Youngstown State University. This mission of the foundation is centered around fostering intellectual growth and knowledge dissemination within the university community. By supporting the Skeggs lecture series, the foundation plays a crucial role in bringing renowned speakers and thought leaders to the campus, offering students and faculty the opportunity to engage in enlightening discussions and debates. These lectures serve as a platform for the exchange of ideas, promoting a vibrant and intellectually stimulating environment at Youngstown State University.
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Impact
October, 2024
The Skeggs Foundation Ima significantly impacts the academic and cultural landscape at Youngstown State University by supporting the Skeggs lecture series. This initiative fosters a platform for intellectual discourse, bringing in diverse speakers and thought leaders to engage with students and the community. By facilitating these lectures, the foundation enhances the educational experience, promotes critical thinking, and encourages an exchange of ideas that enriches the university's environment. This support ultimately helps cultivate a vibrant academic community in Kirtland, Ohio.
This information is meant to be a general summary of The Skeggs Foundation Ima. 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: $69,493
- Gross Receipts: $1,808,138
Assets and Liabilities:
- Total Assets: $2,685,125
- Total Liabilities: $0
- Net Assets: $2,685,125
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Organization Details
Founding Year
2000
Principal Officer
Josephine Naji
NTEE Category
Code: Z99 - Unknown
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