Overview
What is Pohl Zora B?
Pohl Zora B is a designated trust that invests its assets to generate income, as outlined in its governing document. This income is then distributed to various charitable organizations as specified in the document. The focus of this trust is primarily on providing financial support to these charitable entities, thereby contributing to their mission and objectives. The specific charities that receive these distributions remain undisclosed in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The nonprofit Pohl Zora B has received a Two-Star out of Four Star rating with an overall score of 60%. This rating indicates that while some aspects of the organization are functioning adequately, there are significant areas that require attention, particularly in governance and transparency.
One of the notable strengths of Pohl Zora B is its program expense ratio of 78.87%, which reflects a strong commitment to utilizing funds for its programs rather than administrative costs. Additionally, the organization has shown no material diversion of assets, which is a positive indicator of financial integrity. However, the lack of independent board members and the absence of essential policies like whistleblower and document retention policies raise concerns about governance and accountability.
There are several limitations that the organization needs to address, including the missing website listed on the tax form and the absence of the tax form posted on its website. Furthermore, the lack of independent oversight within the board may hinder effective governance. Improving these areas could enhance transparency and trust with stakeholders and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Pohl Zora B legitimate?
Pohl Zora B is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pohl Zora B 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: $9,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Pohl Zora B?
Pohl Zora B's mission involves investing its trust assets to generate income, which is then distributed to various charitable organizations as directed by its governing document. This distribution aims to support the work and initiatives of these charitable organizations. The trust's activities are focused on providing financial assistance to these chosen charities, contributing to their causes and furthering their missions. The specific charities and the nature of their work are determined by the guidelines set out in the governing document.
Who is the CEO of Pohl Zora B?
Dianna Coley is the Principal Officer of Pohl Zora B.
What is the revenue of Pohl Zora B?
Pohl Zora B's revenue in 2022 was $32,440.
Who are the executives of Pohl Zora B and what are their salaries?
There is 1 key member and their salary:
- Compensation: $9,642
- Related: $0
- Other: $0
Where can I find the form 990 for Pohl Zora B?
Pohl Zora B's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pohl Zora B
Pohl Zora B is a nonprofit organization with a distinctive mission. Its primary goal is to invest its trust assets, aiming to generate income that will later be distributed to various charitable organizations as outlined in its governing document. This mission serves to support these charitable organizations financially, allowing them to carry out their respective missions and make a positive impact in their respective communities. The specific charities that Pohl Zora B supports are determined by the terms set out in its governing document.
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Impact
October, 2024
Pohl Zora B significantly impacts the philanthropic landscape by strategically investing trust assets to generate income, which is then distributed to designated charitable organizations. This process not only sustains various causes but also amplifies their reach and effectiveness. By directing resources to specific charities as outlined in their governing documents, Pohl Zora B ensures that funding aligns with the mission and needs of these organizations, fostering growth and positive change in the community of Cincinnati, OH and beyond. Through its dedication to philanthropy, Pohl Zora B plays a crucial role in addressing societal challenges, enhancing support for vital services, and empowering charitable initiatives.
This information is meant to be a general summary of Pohl Zora B. 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: $32,440
- Gross Receipts: $414,245
Assets and Liabilities:
- Total Assets: $582,335
- Total Liabilities: $0
- Net Assets: $582,335
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Organization Details
Founding Year
1972
Phone
(513) 534-5310Principal Officer
Dianna Coley
Main Address
PO BOX 630858, CINCINNATI, OH, 452630858
NTEE Category
Code: T00 - Philanthropy
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