Overview
What is Iaa Foundation?
The Iaa Foundation, based in Bloomington, Illinois, is a nonprofit organization primarily focused on supporting education and charitable activities related to agriculture. With a mission to benefit Illinois farm families and the agricultural sector, they allocate funds for educational programs and research. Their primary goal is to strengthen the agricultural community in Illinois. Located at 1701 Towanda Avenue, this organization plays a crucial role in promoting awareness and understanding of agriculture among elementary school students and their teachers.
Official website here: www.iaafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
The Iaa Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance across accountability, finance, and impact metrics. With an overall score of 92%, the organization demonstrates a solid commitment to effective financial management and transparency. The high Accountability & Finance score of 81 indicates that the foundation adheres to best practices in governance, demonstrating minimal risk of asset diversion and maintaining robust financial statements.
One of the standout features of the Iaa Foundation is its perfect score of 100 in Impact & Measurement, showcasing the effectiveness of its programs. The foundation’s initiatives are reported to significantly enhance the income of scholarship recipients, yielding a return of more than $1.25 for every dollar invested. This highlights not only the organization's dedication to its mission but also its ability to evaluate and measure the success of its programs effectively.
However, while the foundation's financial practices and impact measurement are strong, the Accountability & Finance score indicates some areas for improvement that could further strengthen its overall rating. Despite this, the organization's commitment to transparency and accountability is evident, making it a trustworthy option for donors looking to support impactful work in education and scholarship funding.
This AI summary has been generated from information found on Charity Navigator.
Is Iaa Foundation legitimate?
Iaa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iaa 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.iaafoundation.org
What is the mission statement of Iaa Foundation?
The Iaa Foundation's mission is centered around funding initiatives that positively impact agricultural education, research, and charitable activities. The organization is dedicated to enhancing the well-being of Illinois farm families by providing financial support. One of their key activities involves contributing funds to elementary schools and teachers, aiming to educate students about the significance of agriculture.
Official website here: www.iaafoundation.org
Who is the CEO of Iaa Foundation?
Richard Guebert Jr is the President of Iaa Foundation.
Official website here: www.iaafoundation.org
What is the revenue of Iaa Foundation?
Iaa Foundation's revenue in 2022 was $1,332,092.
Official website here: www.iaafoundation.org
Who are the executives of Iaa Foundation and what are their salaries?
There 55 volunteers at Iaa Foundation.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $1,993,647
- Other: $477,945
- Compensation: $0
- Related: $657,038
- Other: $175,303
- Compensation: $0
- Related: $429,061
- Other: $118,935
- Compensation: $0
- Related: $442,030
- Other: $11,564
- Compensation: $0
- Related: $177,728
- Other: $63,940
- Compensation: $0
- Related: $169,445
- Other: $62,042
- Compensation: $0
- Related: $124,799
- Other: $44,847
- Compensation: $0
- Related: $131,876
- Other: $0
- Compensation: $0
- Related: $90,243
- Other: $0
- Compensation: $0
- Related: $87,029
- Other: $0
- Compensation: $0
- Related: $79,368
- Other: $0
- Compensation: $0
- Related: $74,145
- Other: $0
Official website here: www.iaafoundation.org
Where can I find the form 990 for Iaa Foundation?
Iaa Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iaafoundation.org
Learn more at the official website: www.iaafoundation.org
Mission Statement of Iaa Foundation
The Iaa Foundation, in its mission, focuses on funding various educational, research, and charitable initiatives that positively impact Illinois farm families and the agriculture sector at large. By providing financial support, this nonprofit organization aims to make a tangible difference in the agricultural community. One of their primary objectives is to educate elementary school students and teachers about the significance of agriculture. This educational outreach program helps foster a greater understanding and appreciation for the role of agriculture in our daily lives. By investing in education and research, the Iaa Foundation aims to ensure a sustainable and prosperous future for Illinois farm families and the agriculture industry as a whole.
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Impact
October, 2024
Iaa Foundation significantly impacts the agricultural community and future generations by funding education and research initiatives that support Illinois farm families. By providing financial resources aimed at educating elementary school students and teachers about the critical role of agriculture, the organization fosters a deeper understanding and appreciation for farming practices among young learners. This engagement not only enhances classroom learning but also helps cultivate informed future leaders who recognize the importance of agriculture in their communities. The foundation's efforts contribute to a more knowledgeable public, ensuring that the vital agricultural sector in Illinois continues to thrive and innovate.
This information is meant to be a general summary of Iaa 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 2022.
- Investment Income: $159,135
- Gross Receipts: $2,995,552
Assets and Liabilities:
- Total Assets: $8,513,976
- Total Liabilities: $7,301
- Net Assets: $8,506,675
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Organization Details
Founding Year
1987
Phone
(309) 557-2218Principal Officer
Richard Guebert Jr
Main Address
1701 Towanda Avenue, Bloomington, IL, 61702
Website
www.iaafoundation.orgNTEE Category
Code: K20 - Food
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