Overview
What is Human Service Agency Foundation?
The Human Service Agency Foundation, located in Watertown, South Dakota, is a charitable organization with a mission to serve for educational purposes. It primarily distributes funds to other nonprofit organizations, specifically those falling under Section 501(C)(3), such as the Human Service Agency. The foundation's purpose is to support organizations that have charitable, religious, educational, or scientific goals, providing them with financial assistance when they meet the criteria as an exempt organization under Section 501(C)(3).
Official website here: www.humanserviceagency.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 27%
The Human Service Agency Foundation has received a Zero-Star out of Four Star rating from Charity Navigator, primarily due to a low overall score of 27%. This rating reflects significant concerns in accountability and financial management, particularly highlighted by a poor financial statements score of 0 out of 20. While the organization does have a fully independent board and meets some governance standards, its financial health raises serious red flags.
Strengths identified include a majority independent board and effective documentation practices for board meeting minutes. The organization maintains a solid conflict of interest policy, but there are critical gaps, such as the absence of whistleblower and document retention policies. Despite these governance strengths, the financial metrics do not inspire confidence in the organization's ability to manage its resources effectively.
Limitations are notably severe, with a program expense ratio of only 20.56% and a fundraising efficiency ratio of $0.00, indicating that funds are likely not being utilized effectively for their intended charitable purposes. The liabilities to assets ratio also scored poorly, suggesting potential risks in financial stability. Overall, the Human Service Agency Foundation has significant areas that require improvement to ensure transparency and responsible financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Human Service Agency Foundation legitimate?
Human Service Agency Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Human Service Agency 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.
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
Official website here: www.humanserviceagency.org
What is the mission statement of Human Service Agency Foundation?
The Human Service Agency Foundation is established with charitable and educational purposes in mind. Its primary objective is to make distributions to organizations that share similar goals, operating under sections 501(C)(3), which encompass charitable, religious, educational, or scientific purposes. The foundation aims to support these organizations, contributing to their missions that better society in various ways. The foundation's activities primarily involve providing financial assistance to such organizations, ensuring their continued operations and impact in their respective fields.
Official website here: www.humanserviceagency.org
Who is the CEO of Human Service Agency Foundation?
Jon Mcareavey is the Chair of Human Service Agency Foundation.
Official website here: www.humanserviceagency.org
What is the revenue of Human Service Agency Foundation?
Human Service Agency Foundation's revenue in 2023 was $2,155,565.
Official website here: www.humanserviceagency.org
Who are the executives of Human Service Agency Foundation and what are their salaries?
There 9 volunteers at Human Service Agency Foundation.
Here are 9 key members and their salaries:
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Official website here: www.humanserviceagency.org
Where can I find the form 990 for Human Service Agency Foundation?
Human Service Agency Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.humanserviceagency.org
Learn more at the official website: www.humanserviceagency.org
Mission Statement of Human Service Agency Foundation
The Human Service Agency Foundation, established with charitable and educational intentions, is committed to making distributions to organizations that share similar objectives. These organizations operate under Section 501(C)(3), primarily focusing on charitable, religious, educational, or scientific purposes. The foundation's mission is to support these exempt organizations by providing financial assistance, thereby contributing to their collective endeavors to better society.
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Impact
October, 2024
The Human Service Agency Foundation plays a vital role in supporting charitable and educational initiatives within the community. By making targeted distributions to the Human Services Agency and similar organizations, the foundation enhances the capacity to provide essential services to those in need. Its focus on charitable, religious, educational, and scientific endeavors creates a ripple effect, fostering a network of support for vulnerable populations.
In Watertown, SD, the foundation's impact is seen in improved access to vital resources, educational programs, and community services that address various needs. This includes assistance for individuals facing challenges such as homelessness, mental health issues, and lack of access to education. By bolstering organizations that qualify as exempt under Section 501(c)(3), the foundation ensures that its contributions are directed towards effective programs that uplift the community as a whole.
Through strategic partnerships and financial support, the Human Service Agency Foundation empowers local organizations to expand their reach, innovate in service delivery, and enhance the overall well-being of individuals and families. This commitment to charitable and educational purposes not only strengthens the community but also inspires other entities to engage in similar missions, creating a culture of giving and support.
This information is meant to be a general summary of Human Service Agency 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 2023.
- Investment Income: $40,911
- Gross Receipts: $3,585,382
Assets and Liabilities:
- Total Assets: $4,056,053
- Total Liabilities: $0
- Net Assets: $4,056,053
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Organization Details
Founding Year
1984
Phone
(605) 886-0123Principal Officer
Jon Mcareavey
Main Address
PO BOX 1030, WATERTOWN, SD, 57201
Website
www.humanserviceagency.orgNTEE Category
Code: P20 - Human services
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