Overview
What is Tanager Place Endowment Foundation?
The Tanager Place Endowment Foundation is a charitable organization based in Cedar Rapids, Iowa. Its primary role is to manage and invest funds for Tanager Place, a recognized 501(c)(3) public charity. The purpose of this fundraising and investment activity is to support Tanager Place's mission. Tanager Place is a nonprofit entity that aims to provide assistance and resources to individuals and families in need. The specific details of Tanager Place's activities and services are not provided in the information, but it is a public charity that benefits from the fundraising and investment efforts of the Tanager Place Endowment Foundation.
Official website here: www.tanagerplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Tanager Place Endowment Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its commitment to strong accountability and financial management. The organization scored a perfect 100% in several accountability measures, indicating a well-structured governance system with a fully independent board of members. This level of oversight is crucial for ensuring transparency and building trust with donors and stakeholders.
The foundation maintains a high program expense ratio of 91.27%, which means a significant portion of its resources is directed towards its programs rather than administrative costs. This prioritization of funds towards impactful initiatives is a strong indicator of the organization's effectiveness. Additionally, the absence of material diversion of assets highlights the organization's solid financial practices.
While the organization demonstrates robust policies for conflict of interest, whistleblowing, and document retention, the data does not indicate any specific service limitations or areas for improvement. Overall, Tanager Place Endowment Foundation exemplifies sound financial stewardship and governance, making it a reliable choice for potential donors seeking to support a nonprofit with a strong ethical foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Tanager Place Endowment Foundation legitimate?
Tanager Place Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tanager Place Endowment 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tanagerplace.org
What is the mission statement of Tanager Place Endowment Foundation?
The Tanager Place Endowment Foundation's mission is centered around raising and investing funds for the benefit of Tanager Place, a 501(C)(3) public charity. By managing these funds effectively, the foundation aims to support the operations and initiatives of Tanager Place, a prominent organization dedicated to its mission. The foundation serves as a crucial financial backbone, enabling Tanager Place to continue its mission of providing necessary resources and assistance. Although the specifics of Tanager Place's mission are not provided in the given information, it is assumed that it is focused on promoting the well-being and betterment of individuals or communities in need, as is common for 501(C)(3) charities.
Official website here: www.tanagerplace.org
Who is the CEO of Tanager Place Endowment Foundation?
Brad Thatcher is the Assistant Treasurer of Tanager Place Endowment Foundation.
Official website here: www.tanagerplace.org
What is the revenue of Tanager Place Endowment Foundation?
Tanager Place Endowment Foundation's revenue in 2022 was $1,974,530.
Official website here: www.tanagerplace.org
Who are the executives of Tanager Place Endowment Foundation and what are their salaries?
There 18 volunteers at Tanager Place Endowment Foundation.
Here are 20 key members and their salaries:
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Official website here: www.tanagerplace.org
Where can I find the form 990 for Tanager Place Endowment Foundation?
Tanager Place Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tanagerplace.org
Learn more at the official website: www.tanagerplace.org
Mission Statement of Tanager Place Endowment Foundation
Tanager Place Endowment Foundation, as a 501(c)(3) public charity, is dedicated to raising and investing funds for the benefit of Tanager Place. This supported organization shares the same mission, working tirelessly to enhance its operations and services. The primary role of Tanager Place Endowment Foundation is to manage funds, ensuring they are utilized effectively and efficiently for Tanager Place's betterment. By raising and investing funds, the Endowment Foundation contributes significantly to Tanager Place's mission, empowering it to continue its vital work in an unspecified field or cause.
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Impact
July, 2024
The Tanager Place Endowment Foundation's impact is focused on raising and investing funds for the benefit of Tanager Place, a 501(c)(3) public charity. By managing funds effectively, the foundation contributes to the sustainability and growth of Tanager Place's programs and services, ultimately supporting its mission to provide essential human services to those in need. Through its efforts, the foundation plays a crucial role in helping Tanager Place make a positive difference in the community it serves.
This information is meant to be a general summary of Tanager Place Endowment 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: $1,948,156
- Gross Receipts: $9,341,472
Assets and Liabilities:
- Total Assets: $20,247,180
- Total Liabilities: $1,194
- Net Assets: $20,245,986
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Organization Details
Founding Year
1986
Phone
(319) 365-9164Principal Officer
Brad Thatcher
Main Address
2309 C STREET SW, CEDAR RAPIDS, IA, 52404
Website
www.tanagerplace.orgNTEE Category
Code: P110 - Human services
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