Overview
What is Black River Falls Area Foundation?
The Black River Falls Area Foundation is a nonprofit organization situated in Black River Falls, Wisconsin (Address: PO BOX 99). Its primary mission is to improve the quality of life in the Black River Falls area. To accomplish this, the foundation approves grants from its board of trustees, which are then distributed to various organizations. The foundation's approach to community support is flexible, as it addresses a broad range of community goals rather than solely focusing on one issue. This adaptability allows the foundation to address the evolving needs of the Black River Falls community and provide assistance where it is most needed.
Official website here: www.brfareafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Black River Falls Area Foundation has earned an 88% rating from Charity Navigator, which indicates a solid level of accountability and financial health. The overall score is based solely on the Accountability & Finance beacon, reflecting a strong emphasis on transparent financial practices and governance.
Key strengths of the foundation include having a fully independent board, a high program expense ratio of 93.46%, and a well-structured audit and oversight committee. These factors contribute to its strong performance in maintaining financial integrity and transparency, supporting effective allocation of resources towards its charitable missions.
However, the foundation does face some noted limitations, particularly the absence of a conflict of interest policy and a whistleblower policy. While these gaps do not detract significantly from its overall accountability score, addressing them could enhance its governance practices further.
This AI summary has been generated from information found on Charity Navigator.
Is Black River Falls Area Foundation legitimate?
Black River Falls Area Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black River Falls Area 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: $21,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,276
For more financial information, click here
Official website here: www.brfareafoundation.org
What is the mission statement of Black River Falls Area Foundation?
The Black River Falls Area Foundation's mission is focused on improving the quality of life in its community. Unlike organizations that focus on a specific issue, the foundation addresses a wide range of community goals. This adaptability allows it to respond to the evolving needs and provide support to what matters most to the local residents. The foundation achieves this by approving grants funded by its board of trustees, which are then disbursed to various organizations that will benefit the Black River Falls area.
Official website here: www.brfareafoundation.org
Who is the CEO of Black River Falls Area Foundation?
Kay A Finch is the Chairman of Black River Falls Area Foundation.
Official website here: www.brfareafoundation.org
What is the revenue of Black River Falls Area Foundation?
Black River Falls Area Foundation's revenue in 2022 was $572,364.
Official website here: www.brfareafoundation.org
Who are the executives of Black River Falls Area Foundation and what are their salaries?
There 12 volunteers at Black River Falls Area Foundation.
Here are 12 key members and their salaries:
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- Compensation: $21,576
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- Other: $0
Official website here: www.brfareafoundation.org
Where can I find the form 990 for Black River Falls Area Foundation?
Black River Falls Area Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brfareafoundation.org
Learn more at the official website: www.brfareafoundation.org
Mission Statement of Black River Falls Area Foundation
The Black River Falls Area Foundation, as a mission-driven organization, is committed to improving the quality of life within its community. Instead of focusing on a single issue, this foundation takes a broad approach to community goals, ensuring it can adapt to and support the evolving needs of its residents. By providing financial aid to various organizations through board-approved grants, the Black River Falls Area Foundation plays a significant role in positively impacting the lives of those living and working in the area.
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Impact
July, 2024
Black River Falls Area Foundation has a significant impact on enhancing the quality of life in the Black River Falls area. Through grants approved by the Board of Trustees and paid to various organizations, the foundation directly benefits the community by addressing a broad range of community goals. By focusing on meeting changing needs and supporting what matters most to the people who live and work in the Black River Falls area, the foundation's philanthropic efforts have a tangible and positive influence on the local community.
This information is meant to be a general summary of Black River Falls Area 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: $108,687
- Gross Receipts: $608,383
Assets and Liabilities:
- Total Assets: $4,946,835
- Total Liabilities: $92,121
- Net Assets: $4,854,714
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Organization Details
Founding Year
1986
Phone
(715) 284-3113Principal Officer
Kay A Finch
Main Address
PO BOX 99, BLACK RIVER FALLS, WI, 54615
Website
www.brfareafoundation.orgNTEE Category
Code: T31Z - Philanthropy
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