Overview
What is Wabash County Youth Foundation?
Wabash County Youth Foundation is a nonprofit organization situated in Mount Carmel, Illinois. Their primary focus is on enhancing educational opportunities for numerous youth residing in the region. By promoting various educational activities, they aim to contribute positively to the local community's younger generation. Although specific details about their programs, services, or initiatives are not provided in the given information, it can be inferred that their mission is centered around fostering learning and development among hundreds of area youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% (Two-Star out of Four Star rating)
The Wabash County Youth Foundation has received a score of 64%, indicating some areas of strength but also notable weaknesses, resulting in a Two-Star rating. The organization showcases excellent governance, with a fully independent board and no material diversion of assets, demonstrating a commitment to transparency and integrity.
Financially, the foundation has a good liabilities-to-assets ratio, indicating stability. However, its program expense ratio of 62.54% suggests there may be room for improvement in allocating funds more effectively toward programs. Users may find this concerning as it reflects on the efficiency of the foundation's spending in relation to its mission.
Overall, while the Wabash County Youth Foundation has strong governance practices, potential donors and stakeholders might want to consider its financial ratios and the program expense ratio when evaluating the charity's overall effectiveness and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Wabash County Youth Foundation legitimate?
Wabash County Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wabash County Youth 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
What is the mission statement of Wabash County Youth Foundation?
The Wabash County Youth Foundation's mission is centered around promoting educational activities. This non-profit organization aims to positively impact hundreds of local youth by providing them with educational opportunities. Through various initiatives, the foundation works tirelessly to foster learning and development among the youth in its community. By promoting educational activities, the foundation seeks to equip these young individuals with the knowledge and skills necessary to thrive in their future endeavors.
Who is the CEO of Wabash County Youth Foundation?
Dave Klosterman is the President of Wabash County Youth Foundation.
What is the revenue of Wabash County Youth Foundation?
Wabash County Youth Foundation's revenue in 2021 was $155,316.
Who are the executives of Wabash County Youth Foundation and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wabash County Youth Foundation?
Wabash County Youth Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Wabash County Youth Foundation
Wabash County Youth Foundation is dedicated to fostering educational opportunities for numerous youth residing in the area. Their primary focus is on promoting educational activities to benefit hundreds of young individuals. The organization's mission is geared towards enriching the lives of these young people by providing them with educational resources and experiences.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Wabash County Youth Foundation has a profound impact on the lives of hundreds of area youth by promoting educational activities. By providing resources and support for various programs, it enhances learning opportunities and fosters personal growth among young individuals in Mount Carmel, IL. This initiative not only equips youth with essential academic skills but also encourages engagement in extracurricular activities, helps develop social connections, and supports overall well-being. The foundation creates a positive environment that nurtures potential, inspires ambition, and prepares youth for future success.
This information is meant to be a general summary of Wabash County Youth 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 2021.
- Investment Income: $118,517
- Program Service Revenue: $15,227
- Gross Receipts: $155,316
Assets and Liabilities:
- Total Assets: $1,123,729
- Total Liabilities: $30,261
- Net Assets: $1,093,468
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SKATING RINK/RELATED PROCEEDS
Revenue
$15,227
Organization Details
Founding Year
1959
Phone
(618) 262-5095Principal Officer
Dave Klosterman
Main Address
15039 FOUR H CENTER LN, MOUNT CARMEL, IL, 62863
NTEE Category
Code: P36I - Human services
If you are a representative of Wabash County Youth Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.