Waynedale Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351691300 ✦ Fort wayne, IN ✦ Designated as a 501(c)(3)

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Overview

What is Waynedale Foundation Inc?

Waynedale Foundation Inc is a nonprofit organization situated in Fort Wayne, Indiana, with a specific focus on providing financial support to the Waynedale United Methodist Church. Their primary mission is to bolster the programs and initiatives of this religious institution. Based at 2501 Church Street, this charitable organization contributes to the church's activities and projects, ensuring their continued success and impact within the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating reflects the organization's performance based solely on its Accountability & Finance metrics. A score of 73% indicates that while the organization has some strong aspects in its financial health and accountability, there is room for improvement in other areas that would contribute to a higher overall rating.

Strengths of the Waynedale Foundation Inc include an independent board, which is entirely composed of independent members, and a strong program expense ratio of 95.11%. The organization has demonstrated a solid commitment to fiscal responsibility, as evidenced by its liabilities to assets ratio of 0.00% and the absence of any material diversion of assets. Additionally, the foundation documents its board meeting minutes, indicating transparency in its operations.

However, the overall rating of Two Stars suggests there may be concerns regarding other operational aspects that are not captured in the current metrics. While the financial accountability is commendable, stakeholders may want to look for further information on program effectiveness and overall impact to ensure a comprehensive understanding of the foundation's performance.


This AI summary has been generated from information found on Charity Navigator.

Is Waynedale Foundation Inc legitimate?

Waynedale Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waynedale Foundation Inc 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 Waynedale Foundation Inc?

The Waynedale Foundation Inc's mission is centered around supporting the programs of the Waynedale United Methodist Church. This nonprofit organization provides financial assistance to aid in the church's various initiatives and activities. By doing so, the foundation contributes to the church's overall mission and goals, ultimately contributing to the broader community. The foundation's role is crucial in ensuring the church's programs can continue to serve and support its members and the wider community.

Who is the CEO of Waynedale Foundation Inc?

Randall Plummer is the Director of Waynedale Foundation Inc.

What is the revenue of Waynedale Foundation Inc?

Waynedale Foundation Inc's revenue in 2022 was $6,888.

Who are the executives of Waynedale Foundation Inc and what are their salaries?

There 10 volunteers at Waynedale Foundation Inc.


Here are 6 key members and their salaries:


Jeremy Mcconnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Plummer (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Zartman (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Long Drury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Ford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Hernly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Waynedale Foundation Inc?

Waynedale Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Waynedale Foundation Inc

Waynedale Foundation Inc, a nonprofit organization, is committed to supporting the programs of the Waynedale United Methodist Church. Their mission is to provide financial assistance to this religious institution, ensuring its ongoing operations and the success of its initiatives. By backing the church's programs, Waynedale Foundation Inc plays a crucial role in supporting the community and its spiritual well-being. The foundation's primary objective is to foster the growth and success of the Waynedale United Methodist Church through financial means.

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Impact




October, 2024

Waynedale Foundation Inc plays a crucial role in bolstering the initiatives of the Waynedale United Methodist Church, providing essential financial support that enhances community programs and outreach efforts. Through its funding, the foundation helps foster a welcoming environment for individuals and families in Fort Wayne, IN, promoting social engagement, spiritual growth, and community service.

The foundation’s impact extends beyond financial assistance; it enables the church to launch and sustain various programs that address the needs of the community. This support facilitates educational initiatives, social events, and outreach activities designed to uplift and connect residents, making a significant difference in the lives of those who participate. By backing the Waynedale United Methodist Church's mission, Waynedale Foundation Inc strengthens community bonds and encourages a spirit of philanthropy, creating a more vibrant and supportive community.




This information is meant to be a general summary of Waynedale Foundation Inc. 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.

Revenue
$6,888 (2022)
Expenses
$32,001 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,350
  • Gross Receipts: $182,951

Assets and Liabilities:

  • Total Assets: $527,434
  • Total Liabilities: $0
  • Net Assets: $527,434

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Organization Details

Founding Year

1986

Principal Officer

Randall Plummer

Main Address

2501 CHURCH ST, FORT WAYNE, IN, 46809

NTEE Category

Code: T00 - Philanthropy

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