Overview
What is Barry Community Foundation?
The Barry Community Foundation, situated in Hastings, Michigan, is a dedicated nonprofit organization. Their primary objective is to identify and address current and future community needs, facilitate donor philanthropic interests, and encourage youth development. Acting as a leader, catalyst, and resource, they strive to improve lives in the Barry County area by promoting charitable giving and establishing endowed funds for future generations. The foundation serves as a bridge connecting resources and communities, aiming to make a lasting impact on local lives with a workforce of 13 individuals.
Official website here: www.barrycf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
The Barry Community Foundation has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is based solely on their performance in accountability and finance, reflecting the organization's commitment to transparency and effective management. With a score of 100% in multiple key areas, the foundation demonstrates strong governance practices, including having a fully independent board and robust financial oversight measures.
Strengths noted in the data include the foundation's excellent program expense ratio of 75.80%, which suggests that a significant portion of their funds supports their mission-driven activities. Additionally, their fundraising efficiency is commendable, with only $0.07 spent to raise each dollar. This level of effectiveness in resource allocation is indicative of a well-managed nonprofit that prioritizes impactful programming.
The foundation also shows a remarkable working capital ratio of 14.87 years, indicating strong financial stability and sustainability. There are no significant limitations or concerns highlighted in the feedback, reinforcing the foundation's positive reputation within the community it serves. Overall, the Barry Community Foundation stands out as a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Barry Community Foundation legitimate?
Barry Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barry 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $427,588
For more financial information, click here
Official website here: www.barrycf.org
What is the mission statement of Barry Community Foundation?
The Barry Community Foundation serves as a catalyst, leader, and resource in enhancing the lives of people within its community by fostering charitable giving and establishing permanently endowed funds for future generations. Its mission is to bridge resources, aiming to identify and address current and anticipated community needs, provide services to help donors fulfill their philanthropic interests, and encourage youth development. The foundation's exempt purpose is accomplished by fostering community betterment.
Official website here: www.barrycf.org
Who is the CEO of Barry Community Foundation?
Bonnie S Gettys is the Chairperson of Barry Community Foundation.
Official website here: www.barrycf.org
What is the revenue of Barry Community Foundation?
Barry Community Foundation's revenue in 2022 was $5,893,431.
Official website here: www.barrycf.org
Who are the executives of Barry Community Foundation and what are their salaries?
The average compensation at Barry Community Foundation during 2022 was $32,891. There are 13 employees and 150 volunteers at Barry Community Foundation.
Here are 15 key members and their salaries:
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- Compensation: $124,709
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- Other: $12,521
- Compensation: $80,058
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- Other: $11,871
Official website here: www.barrycf.org
Where can I find the form 990 for Barry Community Foundation?
Barry Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.barrycf.org
Learn more at the official website: www.barrycf.org
Mission Statement of Barry Community Foundation
Barry Community Foundation serves as a catalyst and resource, working to enhance the lives of people in its local area. With a focus on charitable giving and the creation of permanently endowed funds, the foundation aims to make a lasting impact for future generations. By identifying and addressing current and anticipated community needs, the Barry Community Foundation bridges resources to improve lives. In addition, the organization assists donors in fulfilling their philanthropic interests and fosters youth development. Overall, Barry Community Foundation is committed to making a positive impact in its community through its philanthropic efforts.
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Impact
July, 2024
The Barry Community Foundation plays a vital role in improving the lives of people in the Barry County area by promoting charitable giving and creating permanently endowed funds. As a leader, catalyst, and resource in the community, the foundation addresses current and anticipated community needs, provides services to assist donors in fulfilling their philanthropic interests, and fosters youth development. By bridging resources effectively, the foundation has a significant impact on enhancing the well-being of individuals and communities in the Barry County region.
This information is meant to be a general summary of Barry 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 2022.
- Investment Income: $1,703,629
- Gross Receipts: $42,831,717
Assets and Liabilities:
- Total Assets: $45,859,995
- Total Liabilities: $1,665,515
- Net Assets: $44,194,480
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Organization Details
Founding Year
1995
Phone
(269) 945-0526Principal Officer
Bonnie S Gettys
Main Address
231 SOUTH BROADWAY, HASTINGS, MI, 49058
Website
www.barrycf.orgNTEE Category
Code: T31 - Philanthropy
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