Overview
What is Spanish Peaks Community Foundation?
The Spanish Peaks Community Foundation is a nonprofit organization situated in Big Sky, Montana. Its primary objective is to contribute to the betterment of the local community by financially supporting various initiatives. This encompasses community service projects, the arts, and educational programs, as well as the responsible management of the outdoors. The foundation aims to make a positive impact on the greater Big Sky area, demonstrating a commitment to the wellbeing and development of its community.
Official website here: www.spanishpeaksfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
The Spanish Peaks Community Foundation has received a Three-Star rating from Charity Navigator, reflecting a score of 77%. This rating is based solely on the Accountability & Finance beacon, indicating a strong emphasis on fiscal responsibility and transparency in their operations. The score signals that the organization maintains sound financial practices, which is important for donor trust and effective fund utilization.
Highlighting its strengths, the foundation boasts an independent board composed entirely of eight members, scoring full points in this area. Their financial practices are solid, with a low liabilities-to-assets ratio of 0.06% and a high program expense ratio of 88.27%, demonstrating a commitment to channeling funds into their programs rather than administrative costs. Additional markers of accountability include a comprehensive whistleblower policy and thorough documentation practices.
While the organization shows robust financial accountability, the data does not provide insights into programmatic effectiveness or community impact, which are also crucial for evaluating a nonprofit’s overall performance. Nonetheless, the foundation’s strong fiscal rating is a positive indicator for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Spanish Peaks Community Foundation legitimate?
Spanish Peaks Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spanish Peaks Community 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.
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Official website here: www.spanishpeaksfoundation.org
What is the mission statement of Spanish Peaks Community Foundation?
The Spanish Peaks Community Foundation is committed to supporting the greater community in the Big Sky area. Their mission encompasses funding projects in various sectors, including community service, the arts, education, and the management of outdoor spaces. By doing so, they aim to contribute positively to the region's welfare, promoting a well-rounded development that caters to diverse needs and interests. The foundation serves as a crucial resource, providing financial assistance and fostering growth in these key areas.
Official website here: www.spanishpeaksfoundation.org
What is the revenue of Spanish Peaks Community Foundation?
Spanish Peaks Community Foundation's revenue in 2023 was $1,130,991.
Official website here: www.spanishpeaksfoundation.org
Who are the executives of Spanish Peaks Community Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.spanishpeaksfoundation.org
Where can I find the form 990 for Spanish Peaks Community Foundation?
Spanish Peaks Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.spanishpeaksfoundation.org
Learn more at the official website: www.spanishpeaksfoundation.org
Mission Statement of Spanish Peaks Community Foundation
Spanish Peaks Community Foundation is dedicated to enhancing the greater Big Sky area by providing financial support to various initiatives. This nonprofit organization focuses its efforts on community service projects, promoting the arts, encouraging education, and advocating for the responsible management of the outdoors. By funding these sectors, Spanish Peaks Community Foundation aims to contribute positively to the overall well-being and development of the community it serves. The foundation's mission is to act as a catalyst for change, leveraging its resources to support projects that align with its core values and contribute to the betterment of the greater Big Sky area.
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Impact
July, 2024
Spanish Peaks Community Foundation has made a significant impact on the greater Big Sky area by funding community service projects, promoting the arts, advancing education, and supporting the management of the outdoors. Through its efforts, the foundation has contributed to the improvement and well-being of the community, enhancing the quality of life for residents and visitors alike.
This information is meant to be a general summary of Spanish Peaks Community 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: $5,438
- Gross Receipts: $1,130,991
Assets and Liabilities:
- Total Assets: $781,412
- Total Liabilities: $411
- Net Assets: $781,001
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Organization Details
Founding Year
2013
Principal Officer
Erik Lisher
NTEE Category
Code: S99 - Community improvement
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