Overview
What is Tuscola County Community Foundation?
Tuscola County Community Foundation is a nonprofit organization situated in Caro, Michigan. With a modest workforce of three individuals, their primary mission is to collect and distribute funds for charitable, scientific, literary, and educational purposes. Their endeavors are aimed at benefiting the community residing in and around Tuscola County. By granting funds to eligible organizations, they contribute to the betterment of the local population, promoting various sectors such as education, literacy, and research.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The Tuscola County Community Foundation has received a solid rating of 84%, reflecting a strong performance in accountability and finance. The foundation scores exceptionally well in governance categories, with a perfect score for having an independent board, conflict of interest and whistleblower policies, and a clear document retention policy. Additionally, the organization maintains a low liabilities to assets ratio, indicating financial stability.
However, the foundation's program expense ratio of 60.41% suggests that a significant portion of its expenses goes towards programs, which is relatively lower than some benchmarks for nonprofits. Nonetheless, the high fundraising efficiency ratio of $0.00 indicates that the foundation does not incur fundraising costs, which enhances its overall financial health.
Overall, the Tuscola County Community Foundation demonstrates strong governance and financial practices, making it a reliable choice for donors looking to support community initiatives. The organization’s transparency and accountability are commendable, although the program expense ratio may warrant further examination by potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Tuscola County Community Foundation legitimate?
Tuscola County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tuscola County 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: $75,154
For more financial information, click here
What is the mission statement of Tuscola County Community Foundation?
The Tuscola County Community Foundation's mission is centered around soliciting and accumulating funds for charitable, scientific, literary, and educational purposes. Their primary goal is to utilize these resources to benefit the community residing around Tuscola County, Michigan. They fulfill this mission by providing grants to various organizations that align with these categories, aiming to positively impact the lives of the local population.
Who is the CEO of Tuscola County Community Foundation?
John Hunter is the Executive Director of Tuscola County Community Foundation.
What is the revenue of Tuscola County Community Foundation?
Tuscola County Community Foundation's revenue in 2022 was $662,004.
Who are the executives of Tuscola County Community Foundation and what are their salaries?
The average compensation at Tuscola County Community Foundation during 2022 was $25,051. There are 3 employees at Tuscola County Community Foundation.
Here are 16 key members and their salaries:
- Compensation: $41,250
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Where can I find the form 990 for Tuscola County Community Foundation?
Tuscola County Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tuscola County Community Foundation
The Tuscola County Community Foundation, as a philanthropic organization, is dedicated to collecting contributions for charitable, scientific, literary, and educational purposes. Its primary aim is to benefit the people residing in and around Tuscola County, Michigan. By soliciting and accumulating funds, the foundation seeks to provide grants to various organizations that align with these categories. This mission underlines the foundation's commitment to investing in the development and betterment of its community, ensuring a positive impact on the lives of its residents.
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Impact
July, 2024
The Tuscola County Community Foundation has a significant impact on the people of and around Tuscola County, Michigan. By soliciting and collecting contributions for charitable, scientific, literary, and educational purposes, the foundation provides essential support to various organizations in the region. Through its grant-making activities, the foundation helps to address community needs, support important causes, and promote positive social change. Its work embodies the spirit of philanthropy, making a meaningful difference in the lives of individuals and communities in Tuscola County.
This information is meant to be a general summary of Tuscola County 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.
- Gross Receipts: $662,004
Assets and Liabilities:
- Total Assets: $14,459,851
- Total Liabilities: $118,935
- Net Assets: $14,340,916
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Organization Details
Founding Year
1997
Principal Officer
John Hunter
Main Address
PO Box 534, Caro, MI, 48723
NTEE Category
Code: T31I - Philanthropy
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