Overview
What is Sterling Rock Falls Community Trust?
Sterling Rock Falls Community Trust is a nonprofit organization situated in Sterling, Illinois. Its primary mission is to enhance the well-being of the local community by providing scholarships to deserving students and funding various projects. The organization supports initiatives in various sectors, including literacy, school programs, arts, history, child care, animal welfare, senior centers, homeless shelters, food banks, and health and wellness programs for all ages. By offering these opportunities, Sterling Rock Falls Community Trust aims to engage donors in contributing to the betterment of their local communities.
Official website here: www.srfct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Stars
The Sterling Rock Falls Community Trust has achieved an impressive 90% rating from Charity Navigator, indicating a strong level of accountability and financial health. This rating is based entirely on the charity's performance in various financial and governance metrics for the most recent fiscal year, FY2022. A perfect score in several categories reflects their commitment to transparency and responsible management of resources.
The organization boasts a fully independent board, with 100% of its members meeting this criterion. This governance structure is essential for ensuring that decisions are made in the best interest of the community served. Additionally, the trust has demonstrated an excellent program expense ratio of 88.74%, indicating that a significant majority of its funds are directed toward programs and services rather than administrative costs.
While the rating highlights many strengths, there are no notable limitations or concerns mentioned in the data provided. The comprehensive policies in place, including conflict of interest and whistleblower policies, further bolster the trust's reputation as a responsible nonprofit organization. Overall, the Sterling Rock Falls Community Trust appears to be effectively managed and dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sterling Rock Falls Community Trust legitimate?
Sterling Rock Falls Community Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sterling Rock Falls Community Trust 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.
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Official website here: www.srfct.org
What is the mission statement of Sterling Rock Falls Community Trust?
The Sterling Rock Falls Community Trust's mission is to offer an opportunity for donors to engage in scholarships and projects that enhance the quality of life within local communities. They achieve this by awarding scholarships to local students and grants to charitable organizations for various projects, such as literacy programs, school initiatives, arts projects, history programs, child care, animal welfare, senior centers, homeless shelters, food banks, and health and wellness initiatives for people of all ages. The trust aims to bring positive change and support to the community through its initiatives.
Official website here: www.srfct.org
Who is the CEO of Sterling Rock Falls Community Trust?
Mary Ellen Wilkinson is the Chairperson of Sterling Rock Falls Community Trust.
Official website here: www.srfct.org
What is the revenue of Sterling Rock Falls Community Trust?
Sterling Rock Falls Community Trust's revenue in 2022 was $202,274.
Official website here: www.srfct.org
Who are the executives of Sterling Rock Falls Community Trust and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.srfct.org
Where can I find the form 990 for Sterling Rock Falls Community Trust?
Sterling Rock Falls Community Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.srfct.org
Learn more at the official website: www.srfct.org
Mission Statement of Sterling Rock Falls Community Trust
Sterling Rock Falls Community Trust is an organization that strives to provide donors with an opportunity to contribute to scholarships and projects that enhance the quality of life within local communities. Its mission is centered around facilitating participation in initiatives that cater to various aspects of community life, such as literacy, school initiatives, the fine arts, history, child care, animal welfare, senior centers, homeless shelters, local food banks, and health and wellness for individuals of all ages. By awarding scholarships and grants to deserving students and charitable organizations, Sterling Rock Falls Community Trust aims to foster growth and improvement within their respective fields.
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Impact
October, 2024
Sterling Rock Falls Community Trust has a profound impact on the local communities by enhancing opportunities for education and community development. Through their scholarship programs, they support local students in pursuing their academic goals, ensuring that financial barriers do not hinder potential talent.
In addition to scholarships, the Trust awards grants to various charitable organizations, funding projects that cover a broad spectrum of community needs. This includes initiatives focused on literacy, fine arts, school programs, and history, as well as essential services such as childcare, senior care, and health and wellness for all ages.
Their commitment to supporting local food banks and the Home of Hope further exemplifies their dedication to improving the quality of life for residents in Sterling, IL, and surrounding areas. By engaging donors in these efforts, Sterling Rock Falls Community Trust fosters a spirit of philanthropy that directly benefits the well-being of the community and creates lasting connections among its members.
This information is meant to be a general summary of Sterling Rock Falls Community Trust. 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: -$12,463
- Gross Receipts: $2,063,630
Assets and Liabilities:
- Total Assets: $3,188,201
- Total Liabilities: $0
- Net Assets: $3,188,201
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Organization Details
Founding Year
1968
Phone
(815) 626-4321Principal Officer
Mary Ellen Wilkinson
Main Address
4404 E LINCOLNWAY, STERLING, IL, 61081
Website
www.srfct.orgNTEE Category
Code: T00 - Philanthropy
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