Overview
What is Eunice Zearing Fbo City Of Princeton?
Eunice Zearing Fbo City Of Princeton is a nonprofit organization situated in Princeton, Illinois. Its primary mission is to support the city by organizing charitable and civic activities. The organization leverages its trust principal and income to preserve and upgrade the Prouty Building, a notable landmark within the community that serves as a community center. The Prouty Building plays a significant role in Princeton, fostering a sense of unity and community among its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating.
Eunice Zearing Fbo City Of Princeton has received a two-star rating from Charity Navigator, indicating some concerns regarding its accountability and finance practices. The rating is derived solely from the Accountability & Finance beacon, where it scored a total of 63%. While the organization has a perfect score for having a fully independent board and no material diversion of assets, there are several gaps noted in its transparency and governance practices.
The organization performs well in certain financial aspects, with a program expense ratio of 76.75%, suggesting that a significant portion of its expenses goes toward its charitable programs. However, it lacks critical governance policies, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are missing and contributed to lower scores in those areas. Additionally, the absence of a website listing on its tax form impacts its transparency.
In summary, while Eunice Zearing Fbo City Of Princeton demonstrates a commitment to its programs and maintains a strong independent board, the lack of essential governance documentation and transparency measures significantly affects its overall rating. Potential donors may want to consider these aspects when evaluating the organization’s effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Eunice Zearing Fbo City Of Princeton legitimate?
Eunice Zearing Fbo City Of Princeton is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eunice Zearing Fbo City Of Princeton 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 Eunice Zearing Fbo City Of Princeton?
Eunice Zearing Fbo, a non-profit organization, is dedicated to benefiting communities by organizing charitable and civic support. The primary objective of this entity is to maintain and enhance a significant community landmark, often referred to as the Prouty Building. This building serves as a focal point for the community and is managed using the trust's principal and income. Eunice Zearing Fbo's activities aim to contribute positively to the community's well-being and enrichment.
What is the revenue of Eunice Zearing Fbo City Of Princeton?
Eunice Zearing Fbo City Of Princeton's revenue in 2023 was $58,593.
Who are the executives of Eunice Zearing Fbo City Of Princeton and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Eunice Zearing Fbo City Of Princeton?
Eunice Zearing Fbo City Of Princeton's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Eunice Zearing Fbo City Of Princeton
Eunice Zearing Fbo City of Princeton, a nonprofit organization, is dedicated to benefiting the community of Princeton, Illinois. Its primary mission involves organizing charitable and civic support, utilizing trust principal and income, to maintain and enhance the Prouty Building. This building, serving as a significant focal point in the community, is housed by Eunice Zearing Fbo City of Princeton. The organization's activities aim to contribute positively to the city, ensuring the Prouty Building remains a vital and well-maintained community asset.
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Impact
October, 2024
Eunice Zearing Fbo City Of Princeton plays a crucial role in enhancing the quality of life in Princeton, Illinois. By organizing charitable and civic support, it addresses the community's needs and fosters a spirit of collaboration among residents. The organization primarily focuses on the maintenance and enhancement of the Prouty Building, a significant landmark that serves as a center for community activities and gatherings. This effort not only preserves the architectural heritage of the area but also strengthens community ties by providing a space for local events and functions. The financial resources managed by the organization, including trust principal and income, are strategically utilized to ensure the Prouty Building remains a vibrant hub for the citizens of Princeton, contributing to the overall vitality and cohesiveness of the community.
This information is meant to be a general summary of Eunice Zearing Fbo City Of Princeton. 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: $28,257
- Gross Receipts: $346,795
Assets and Liabilities:
- Total Assets: $824,556
- Total Liabilities: $0
- Net Assets: $824,556
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Organization Details
Founding Year
1996
NTEE Category
Code: T70Z - Philanthropy
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