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Pi Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421126653 ✦ Newton, IA ✦ Designated as a 501(c)(3)

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Overview

What is Pi Foundation?

The Pi Foundation, situated in Newton, Iowa, is a nonprofit organization that dedicates its efforts to supporting the rehabilitation of individuals with disabilities. Their mission involves offering aid to tax-exempt rehabilitation facilities, contributing space, equipment, and programming to help these individuals overcome their challenges. The foundation's work extends to providing assistance to rehabilitation facilities nationwide, aiming to improve the lives of those with disabilities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

The Pi Foundation has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is significant as it indicates that the organization adheres to high standards of financial health and transparency, with a perfect score in key areas such as board independence, financial oversight, and conflict of interest policies.

With 90% of its board members being independent and a solid program expense ratio of over 75%, the Pi Foundation demonstrates a commitment to effective resource allocation and governance. The organization has established robust protocols, including a whistleblower policy and document retention guidelines, which further enhance its credibility and operational integrity.

However, while the financial metrics are strong, the summary does not provide insights into the foundation's overall impact or program outcomes. Prospective donors and supporters may want to consider how these financial strengths translate into the foundation's effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Pi Foundation legitimate?

Pi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pi 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: $59,059
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,981

For more financial information, click here

What is the mission statement of Pi Foundation?

The Pi Foundation's mission is centered around providing aid to tax-exempt rehabilitation facilities. These facilities specialize in assisting individuals with disabilities. By offering necessary resources such as space, equipment, and programming, the foundation plays a significant role in facilitating the rehabilitation process for these individuals. The ultimate goal is to empower these individuals to lead more independent and fulfilling lives. The foundation does not engage in direct patient care but rather supports the infrastructure and programs that enable these rehabilitation facilities to operate effectively.

Who is the CEO of Pi Foundation?

Sandy Ham is the President/Ceo/Asst Secreta of Pi Foundation. The CEO's salary of Pi Foundation is $30,164 and their total compensation is $46,387.

What is the revenue of Pi Foundation?

Pi Foundation's revenue in 2023 was $1,172,120.

Who are the executives of Pi Foundation and what are their salaries?

There 40 volunteers at Pi Foundation.


Here are 12 key members and their salaries (Pi Foundation's CEO's salary is $30,164 and their total compensation is $46,387):


Sandra K Ham (President/Ceo/Asst Secreta)
  • Compensation: $30,164
  • Related: $0
  • Other: $16,223
Geri A Doyle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John D Mcneer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Buch (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hoebelheinrich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob M Kahn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris P Vernon (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Ritter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Mitchell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefanie Squire (Controller)
  • Compensation: $8,746
  • Related: $0
  • Other: $3,926
Where can I find the form 990 for Pi Foundation?

Pi Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Pi Foundation

The Pi Foundation, as stated in its mission, is dedicated to aiding tax-exempt rehabilitation facilities that specialize in helping individuals with disabilities. This organization's primary goal is to provide these rehabilitation centers with essential resources such as space, equipment, and programming to effectively rehabilitate individuals with disabilities. By doing so, the Pi Foundation plays a crucial role in supporting these facilities in their mission to empower and enable individuals with disabilities to lead fulfilling lives. The Pi Foundation's mission is a testament to its commitment to making a meaningful impact in the lives of those with disabilities, ensuring they have access to the necessary resources and support to overcome their challenges and reach their full potential.

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Impact




July, 2024

Pi Foundation's impact is significant in providing aid to tax exempt rehabilitation facilities that assist individuals with disabilities. By supporting these facilities in Newton, IA, Pi Foundation plays a crucial role in offering residential and rehabilitation programs that provide space, equipment, and programming for the rehabilitation of disabled individuals. Through their mission to aid these facilities, they contribute to improving the lives and well-being of individuals with disabilities, particularly in terms of housing and rehabilitation services.




This information is meant to be a general summary of Pi 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.

Revenue
$1,172,120 (2023)
Expenses
$565,605 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $269,063
  • Program Service Revenue: $590,796
  • Gross Receipts: $1,672,866

Assets and Liabilities:

  • Total Assets: $11,927,871
  • Total Liabilities: $768,179
  • Net Assets: $11,159,692

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUE-HUD

Revenue

$358,851

RENTAL REVENUE

Revenue

$231,945

Organization Details

Founding Year

1979

Principal Officer

Sandy Ham

Main Address

202 N 3RD AVE W, NEWTON, IA, 50208

NTEE Category

Code: L20 - Housing

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