Foundation For Children And Families Of Iowa

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

EIN: 421216316 ✦ Des moines, IA ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Children And Families Of Iowa?

The Foundation for Children and Families of Iowa is a charitable organization situated in Des Moines, Iowa. Its primary mission is to aid and support children and families within the state, with the ultimate goal of helping them become integral members of society. The foundation carries out its mission by assisting youth, individuals, and families through various programs, contributing to their overall development. The organization's activities and mission are outlined in their Form 990, with a focus on benefiting children and families in Iowa and supporting other charitable organizations. The foundation employs a small team of five individuals dedicated to achieving its objectives.


Official website here: www.cfiowa.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 56%, One-Star out of Four Star rating.

The Foundation For Children And Families Of Iowa has received a score of 56%, indicating significant room for improvement in its accountability and financial management practices. While the organization boasts a fully independent board and a strong commitment to ethical policies, such as whistleblower and conflict of interest policies, its financial transparency is lacking, particularly evidenced by the absence of its tax form on its website.

Strengths include a robust board oversight framework and no reported material diversion of assets, which suggests a commitment to integrity. However, the charity has a concerning liabilities to assets ratio of 79.61%, indicating potential financial instability. Additionally, the program expense ratio of 40.67% raises questions about the proportion of funds allocated directly to programming versus administrative costs, highlighting an area that could benefit from greater efficiency and impact. Overall, while the foundation demonstrates strong governance, its financial practices warrant caution for potential donors.


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

Is Foundation For Children And Families Of Iowa legitimate?

Foundation For Children And Families Of Iowa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Children And Families Of Iowa 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: $242,066

For more financial information, click here


Official website here: www.cfiowa.org

What is the mission statement of Foundation For Children And Families Of Iowa?

The Foundation For Children And Families Of Iowa is organized and operated with a charitable and educational purpose, primarily aimed at assisting and benefiting children and families within Iowa, as well as supporting other charitable organizations. Its mission involves maintaining an endowment fund for the benefit of children and families in Iowa. The foundation strives to assist youth, individuals, and families in becoming fully functioning members of society through its associated agency, a charitable organization.


Official website here: www.cfiowa.org

Who is the CEO of Foundation For Children And Families Of Iowa?

Janice Schroeder is the President of Foundation For Children And Families Of Iowa.


Official website here: www.cfiowa.org

What is the revenue of Foundation For Children And Families Of Iowa?

Foundation For Children And Families Of Iowa's revenue in 2022 was $1,925,372.


Official website here: www.cfiowa.org

Who are the executives of Foundation For Children And Families Of Iowa and what are their salaries?

The average compensation at Foundation For Children And Families Of Iowa during 2022 was $48,413. There are 5 employees and 157 volunteers at Foundation For Children And Families Of Iowa.


Here are 11 key members and their salaries:


Ann Smisek (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bo Schatzberg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Allen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Frazier (Fundraising Comm Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Johnson (Events Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Altena (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Attaway (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Bailey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Harder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Mccleish (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Walker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cfiowa.org

Where can I find the form 990 for Foundation For Children And Families Of Iowa?

Foundation For Children And Families Of Iowa's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cfiowa.org

Learn more at the official website: www.cfiowa.org

Mission Statement of Foundation For Children And Families Of Iowa

The Foundation for Children and Families of Iowa is an organization with a charitable and educational mission. Its primary objective is to assist and benefit children and families within Iowa, as well as other charitable organizations. The foundation aims to establish an endowment fund specifically for the betterment of children and families in Iowa. In essence, the Foundation for Children and Families of Iowa aspires to support the Youth, individuals, and families in Iowa, enabling them to become fully functional members of society. The organization works towards achieving this goal by assisting the Children and Families of Iowa Agency, a charitable organization dedicated to aiding youth and families in need.

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Impact




July, 2024

Foundation For Children And Families Of Iowa's impact is focused on assisting and benefiting the children and families of Iowa, helping them become fully functioning members of society. Their charitable efforts aim to support youth, individuals, and families in need, ultimately contributing to the improvement of the community in Des Moines, Iowa. Through their work, they provide educational and charitable support to enhance the well-being of children and families in the region.




This information is meant to be a general summary of Foundation For Children And Families Of Iowa. 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
$1,925,372 (2022)
Expenses
$901,595 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $960,265
  • Gross Receipts: $7,108,017

Assets and Liabilities:

  • Total Assets: $12,715,197
  • Total Liabilities: $9,887,827
  • Net Assets: $2,827,370

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Organization Details

Founding Year

1984

Principal Officer

Janice Schroeder

Main Address

1111 UNIVERSITY AVENUE, DES MOINES, IA, 503142329

NTEE Category

Code: S80 - Community improvement

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