Overview
What is Walter & Connie Payton Foundation Inc?
The Walter & Connie Payton Foundation Inc, a nonprofit organization based in Yorkville, Illinois, is registered under the state's laws. With a dedicated team of just two individuals, this organization is committed to addressing the needs of underprivileged children by procuring and distributing toys, clothing, and school supplies. Their mission is to provide essential items that can significantly impact a child's life, helping them enjoy their childhood and excel in their education.
Official website here: www.payton34.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40%, Zero-Star out of Four Star rating.
The Walter & Connie Payton Foundation Inc has received a low score of 40%, reflecting significant concerns regarding its accountability and financial practices. This score is based entirely on a single beacon score, highlighting the importance of financial transparency and governance for charities. The absence of independent board members and several deficiencies in conflict of interest and whistleblower policies contributed to this low rating.
Despite these challenges, the foundation does show some strengths, particularly in its program expense ratio, which stands at 68.81%. This indicates that a considerable portion of its expenses is directed towards its programs. However, the organization faces criticism for high liabilities relative to its assets, raising questions about its financial health and sustainability.
Overall, the Walter & Connie Payton Foundation Inc displays a need for improvement in governance and financial practices to enhance its accountability and transparency to supporters and beneficiaries alike. The current rating serves as a caution for potential donors regarding the foundation's operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Walter & Connie Payton Foundation Inc legitimate?
Walter & Connie Payton Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walter & Connie Payton 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: $7,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.payton34.com
What is the mission statement of Walter & Connie Payton Foundation Inc?
The Walter & Connie Payton Foundation Inc., a not-for-profit organization based in Illinois, is committed to addressing the needs of underprivileged children. Its mission revolves around coordinating the procurement and distribution of essential items such as toys, clothing, and school supplies to these children in need. The foundation's activities aim to enhance the living conditions and provide necessary resources for these children, thereby contributing to their overall well-being and development.
Official website here: www.payton34.com
Who is the CEO of Walter & Connie Payton Foundation Inc?
Connie Payton is the President of Walter & Connie Payton Foundation Inc.
Official website here: www.payton34.com
What is the revenue of Walter & Connie Payton Foundation Inc?
Walter & Connie Payton Foundation Inc's revenue in 2022 was $55,289.
Official website here: www.payton34.com
Who are the executives of Walter & Connie Payton Foundation Inc and what are their salaries?
The average compensation at Walter & Connie Payton Foundation Inc during 2022 was $3,870. There are 2 employees and 5 volunteers at Walter & Connie Payton Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $3,870
- Related: $0
- Other: $0
- Compensation: $3,870
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.payton34.com
Where can I find the form 990 for Walter & Connie Payton Foundation Inc?
Walter & Connie Payton Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.payton34.com
Learn more at the official website: www.payton34.com
Mission Statement of Walter & Connie Payton Foundation Inc
The Walter & Connie Payton Foundation Inc, established under the laws of Illinois, serves as a not-for-profit organization with a mission to coordinate the procurement and distribution of essential items such as toys, clothing, and school supplies to underprivileged children. This charity endeavors to ensure that these necessities reach children who are in need, thereby contributing to their well-being and overall development. By coordinating the acquisition and distribution of these items, the Walter & Connie Payton Foundation Inc plays a crucial role in fostering a sense of joy, comfort, and opportunity for children who may lack these essentials due to various circumstances.
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Impact
August, 2024
The Walter & Connie Payton Foundation Inc has a significant impact on disadvantaged children by coordinating the acquisition and distribution of toys, clothing, and school supplies to those in need. Through their efforts, they bring joy, essential items, and educational resources to children who may not have access to them otherwise. This initiative helps improve the quality of life for these marginalized individuals and contributes to building a stronger, more supportive community.
This information is meant to be a general summary of Walter & Connie Payton 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.
- Gross Receipts: $55,289
Assets and Liabilities:
- Total Assets: $17,650
- Total Liabilities: $15,000
- Net Assets: $2,650
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Organization Details
Founding Year
2001
Phone
(630) 553-9500Principal Officer
Connie Payton
Main Address
1905 MARKETVIEW DRIVE 234, YORKVILLE, IL, 60560
Website
www.payton34.comNTEE Category
Code: I72 - Crime
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