Overview
What is Ripley County Community Foundation Inc?
Ripley County Community Foundation Inc is a nonprofit organization situated in Batesville, Indiana, specifically at 13 E GEORGE ST B, 47006. Its primary mission is to facilitate charitable donations, serving as a lasting source of aid for Ripley County's citizens. The foundation is responsible for managing these assets, ensuring their wise use, and promoting leadership in addressing the region's issues. It channelizes these resources through grants in various sectors, including community service, social service, education, health, environment, and arts. By providing grants, the foundation aims to contribute positively to the well-being of Ripley County and its eligible organizations. The organization currently employs a team of eight dedicated individuals.
Official website here: www.rccfonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Ripley County Community Foundation Inc has achieved a 77% score, which reflects a solid performance in accountability and finance. This score is derived entirely from a single beacon score focused on financial health and governance practices, indicating a strong commitment to maintaining transparency and accountability within the organization. The foundation boasts a fully independent board, achieving maximum points in both majority independent board members and board size.
Financially, the foundation demonstrates a healthy liabilities-to-assets ratio of 8.19%, indicating stability, alongside a program expense ratio of 66.84%, which shows a significant portion of funds directed towards its charitable programs. The organization also adheres to best practices in governance with comprehensive policies for conflict of interest, whistleblowing, and document retention, all of which are listed and accessible.
However, while the organization excels in accountability and governance, areas for potential improvement may include diversifying its funding sources and increasing its program expense ratio. Overall, the Ripley County Community Foundation Inc is a reputable nonprofit with a strong operational foundation, making it a trustworthy choice for donors looking to support local community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Ripley County Community Foundation Inc legitimate?
Ripley County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ripley County Community 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: $92,962
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,751
For more financial information, click here
Official website here: www.rccfonline.org
What is the mission statement of Ripley County Community Foundation Inc?
The Ripley County Community Foundation Inc has a mission to assist donors in establishing a lasting source of charitable assets, benefiting the citizens and qualified organizations within Ripley County. The foundation's primary role is to provide responsible stewardship over the donated assets, while promoting leadership in addressing the issues within the community. Their activities primarily focus on making grants in various fields such as community service, social service, education, health, environment, and the arts. In essence, the foundation serves as a bridge between donors and the community, ensuring that charitable funds are effectively utilized for the betterment of Ripley County.
Official website here: www.rccfonline.org
Who is the CEO of Ripley County Community Foundation Inc?
Amy Streator is the Board Member of Ripley County Community Foundation Inc.
Official website here: www.rccfonline.org
What is the revenue of Ripley County Community Foundation Inc?
Ripley County Community Foundation Inc's revenue in 2022 was $924,239.
Official website here: www.rccfonline.org
Who are the executives of Ripley County Community Foundation Inc and what are their salaries?
The average compensation at Ripley County Community Foundation Inc during 2022 was $24,464. There are 8 employees and 58 volunteers at Ripley County Community Foundation Inc.
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- Compensation: $87,700
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- Other: $5,262
Official website here: www.rccfonline.org
Where can I find the form 990 for Ripley County Community Foundation Inc?
Ripley County Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rccfonline.org
Learn more at the official website: www.rccfonline.org
Mission Statement of Ripley County Community Foundation Inc
The Ripley County Community Foundation Inc, as a charitable organization, is committed to raising funds and making grants to benefit the citizens of Ripley County. Its mission is to assist donors in building an enduring source of charitable assets that can provide long-term support to the community and qualified organizations within Ripley County. The foundation takes a responsible approach to stewarding the donated assets, promoting leadership in addressing the issues that the county faces, and making grants in various fields such as community service, social service, education, health, environment, and the arts. By doing so, the Ripley County Community Foundation Inc aims to contribute to the betterment of its community and the organizations that serve it.
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Impact
October, 2024
Ripley County Community Foundation Inc. plays a pivotal role in enhancing the quality of life for residents by raising funds and making grants that directly benefit the citizens of Ripley County. Through responsible stewardship of donated assets, it helps build a sustainable source of charitable funds that can address the community's evolving needs.
The foundation actively promotes leadership in tackling local issues, ensuring that resources are directed toward critical areas such as community service, social service, education, health, environment, and the arts. This multifaceted approach not only supports individual and organizational initiatives within the county but also fosters a culture of philanthropy that encourages community engagement and collaboration.
By facilitating these efforts, Ripley County Community Foundation Inc. helps to empower individuals, support local projects, and cultivate an environment where charitable contributions can have a lasting impact, ultimately enriching the lives of all residents in the region.
This information is meant to be a general summary of Ripley County Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $207,179
- Gross Receipts: $5,562,073
Assets and Liabilities:
- Total Assets: $14,888,451
- Total Liabilities: $1,221,674
- Net Assets: $13,666,777
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Organization Details
Founding Year
1998
Phone
(812) 933-1098Principal Officer
Amy Streator
Main Address
13 E GEORGE ST B, BATESVILLE, IN, 47006
Website
www.rccfonline.orgNTEE Category
Code: T31 - Philanthropy
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