Overview
What is Fort Atkinson Community Foundation?
The Fort Atkinson Community Foundation is a nonprofit organization situated at 244 North Main Street, Fort Atkinson, Wisconsin. Its primary mission is to cater to the charitable needs of the Fort Atkinson metropolitan area. The foundation primarily grants funds for capital improvements and equipment, although it does not cover operating expenses. Its primary activity involves utilizing donations for educational, cultural, charitable, or benevolent purposes, aiming to enhance the quality of life within the Fort Atkinson area, benefiting its residents. The foundation has a modest workforce of two dedicated individuals.
Official website here: www.fortfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Fort Atkinson Community Foundation has earned a high rating of 96% from Charity Navigator, reflecting its strong commitment to accountability and financial management. This score is based solely on a comprehensive accountability and finance evaluation, which indicates that the organization upholds stringent standards in its financial practices and overall governance.
Strengths highlighted include a fully independent board, effective financial oversight, and adherence to various policies that enhance transparency. The foundation demonstrates a robust program expense ratio of 70.30%, suggesting that a significant portion of its funds is allocated directly to its charitable programs, further underscoring its commitment to serving the community.
While the organization shows impressive strengths in financial accountability, the rating does not provide insight into the impact of its programs or community engagement outcomes. Therefore, while the foundation's governance and financial health are commendable, potential donors may desire more information regarding the effectiveness of its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Atkinson Community Foundation legitimate?
Fort Atkinson Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Atkinson 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: $76,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fortfoundation.org
What is the mission statement of Fort Atkinson Community Foundation?
The Fort Atkinson Community Foundation's mission is to address the charitable needs within its metropolitan area. It accomplishes this by receiving donations for educational, cultural, charitable, or benevolent purposes. The foundation then utilizes these funds to benefit its residents and enhance the overall quality of life in the community. The foundation primarily provides grants for capital improvements and equipment, although it does not cover operating expenses. The primary goal is to support projects that positively impact the community of Fort Atkinson.
Official website here: www.fortfoundation.org
Who is the CEO of Fort Atkinson Community Foundation?
Sue Johnson is the Chairman of Fort Atkinson Community Foundation.
Official website here: www.fortfoundation.org
What is the revenue of Fort Atkinson Community Foundation?
Fort Atkinson Community Foundation's revenue in 2023 was $1,080,379.
Official website here: www.fortfoundation.org
Who are the executives of Fort Atkinson Community Foundation and what are their salaries?
The average compensation at Fort Atkinson Community Foundation during 2023 was $38,125. There are 2 employees and 15 volunteers at Fort Atkinson Community Foundation.
Here are 7 key members and their salaries:
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- Compensation: $19,770
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- Compensation: $150,317
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- Other: $0
Official website here: www.fortfoundation.org
Where can I find the form 990 for Fort Atkinson Community Foundation?
Fort Atkinson Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fortfoundation.org
Learn more at the official website: www.fortfoundation.org
Mission Statement of Fort Atkinson Community Foundation
The Fort Atkinson Community Foundation, as a charitable organization, is dedicated to addressing the benevolent needs of its metropolitan area. Its primary mission is to collect donations intended for educational, cultural, or charitable purposes. These funds are then utilized to improve the lives of the local residents and enhance the overall quality of life within the community. The foundation receives numerous grant requests, primarily focusing on providing capital improvements and acquiring necessary equipment, rather than covering operating expenses. By doing so, the Fort Atkinson Community Foundation plays a significant role in supporting projects that benefit the community, contributing to its overall development and well-being.
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Impact
July, 2024
The Fort Atkinson Community Foundation makes a significant impact in the Fort Atkinson metropolitan area by providing funds for projects that benefit the community. These grants primarily support capital improvements and equipment, enhancing the quality of life for residents. Through its philanthropic efforts, the foundation plays a vital role in investing in education, culture, and charitable initiatives that positively impact the Fort Atkinson community.
This information is meant to be a general summary of Fort Atkinson 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 2023.
- Investment Income: $748,502
- Gross Receipts: $1,080,379
Assets and Liabilities:
- Total Assets: $34,862,486
- Total Liabilities: $966,519
- Net Assets: $33,895,967
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Organization Details
Founding Year
1973
Phone
(920) 563-3210Principal Officer
Sue Johnson
Main Address
244 NORTH MAIN STREET, FORT ATKINSON, WI, 53538
Website
www.fortfoundation.orgNTEE Category
Code: T31Z - Philanthropy
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