Overview
What is Clay City Usa Foundation Inc?
Clay City Usa Foundation Inc is a nonprofit organization that is committed to the revitalization of Clay City. Their mission involves promoting the preservation and development of the town, as well as supporting its community. The foundation serves as a driving force in enhancing Clay City, working tirelessly to improve its overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Clay City USA Foundation Inc has received a 73% rating from Charity Navigator, which translates to a Two-Star evaluation. This score reflects strong performance in the Accountability & Finance category, indicating that the organization adheres to high standards in financial management and transparency. Notably, the foundation boasts a perfect score for having a fully independent board and demonstrates sound fiscal responsibility with a 0.00% liabilities to assets ratio.
Strengths of the foundation include its impressive program expense ratio of 99.06%, signifying that nearly all funds are directed towards its programs rather than administrative costs. Furthermore, the foundation maintains good governance practices, such as documenting board meeting minutes and having an independent board of four members. These factors contribute positively to the organization’s credibility and effectiveness.
However, the overall Two-Star rating suggests there may be areas for improvement, especially when compared to higher-rated organizations. While the foundation excels in accountability and finance, further details on its program outcomes and broader operational metrics could enhance its standing and provide a more comprehensive view of its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Clay City Usa Foundation Inc legitimate?
Clay City Usa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clay City Usa 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 Clay City Usa Foundation Inc?
The Clay City USA Foundation's mission is centered around revitalizing a town. They strive to promote the preservation and development of this unspecified town, with a focus on supporting its community. The organization's goal is to breathe new life into the town, fostering growth and improvement for its inhabitants.
Who is the CEO of Clay City Usa Foundation Inc?
Darenda Dyer is the President of Clay City Usa Foundation Inc.
What is the revenue of Clay City Usa Foundation Inc?
Clay City Usa Foundation Inc's revenue in 2022 was $18,543.
Who are the executives of Clay City Usa Foundation Inc and what are their salaries?
There 4 volunteers at Clay City Usa Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Clay City Usa Foundation Inc?
Clay City Usa Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Clay City Usa Foundation Inc
The Clay City USA Foundation, a nonprofit organization, is committed to revitalizing Clay City. Its mission is centered around promoting the preservation and development of the town, while also providing support to its community. The foundation aims to breathe new life into Clay City, fostering an environment that cherishes its history and encourages growth. By doing so, the Clay City USA Foundation plays a pivotal role in safeguarding the town's identity and ensuring its continued progress.
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Impact
August, 2024
Clay City USA Foundation Inc's impact lies in the revitalization of Clay City, IN. The organization is dedicated to promoting the preservation and development of Clay City while supporting its community. Through its efforts, the foundation is working towards improving the quality of life for residents and enhancing the overall well-being of the town. This initiative not only fosters community improvement but also contributes to the long-term sustainability and growth of Clay City.
This information is meant to be a general summary of Clay City Usa 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: $719
- Gross Receipts: $18,543
Assets and Liabilities:
- Total Assets: $691,308
- Total Liabilities: $0
- Net Assets: $691,308
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Organization Details
Founding Year
2000
Phone
(812) 939-2990Principal Officer
Darenda Dyer
Main Address
504 MAIN STREET, CLAY CITY, IN, 47841
NTEE Category
Code: S30 - Community improvement
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