Overview
What is Fellowship Cup Corporation?
The Fellowship Cup Corporation, located in Mount Pleasant, Iowa, is a compassionate nonprofit organization dedicated to uplifting the underprivileged in Henry County. With a mission to provide essentials such as food, clothing, and shelter, they strive to empower their community members to overcome their circumstances. Their initiatives include collaborating with other organizations and operating a quarterly store known as 'Quarter Maybe More,' which accepts and resells donated clothing and household goods at affordable prices. In 2022, they facilitated 34,715 sales transactions, demonstrating their commitment to serving their community. With a team of 17 dedicated individuals, Fellowship Cup Corporation continues to make a difference in the lives of those in need.
Official website here: www.thefellowshipcup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Fellowship Cup Corporation has received a Two-Star rating based on its 73% score, indicating a need for improvement in certain areas of accountability and transparency. The organization demonstrates a strong commitment to independent governance with a fully independent board and no material diversion of assets, which are positive indicators of ethical management. Additionally, a high program expense ratio of 77.43% reflects the organization's focus on its core mission.
However, the charity faces significant limitations regarding its financial transparency, as it has not made its financial statements available, resulting in a score of zero in that category. Furthermore, there are missing policies such as a conflict of interest policy and a document retention policy, which could impact its governance practices. While the organization has some strong financial ratios, the lack of crucial documentation and transparency measures could raise concerns for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Fellowship Cup Corporation?
Though Fellowship Cup Corporation currently has a limited number of reviews with only two to evaluate, the sentiments expressed are overwhelmingly positive. One review highlights the organization as an "amazing group of caring individuals," indicating a strong sense of compassion and dedication among the staff and volunteers.
This suggests that the nonprofit is making a positive impact on its community and is appreciated for its heartfelt approach. Overall, the limited feedback reflects a strong level of support for the services provided by the Fellowship Cup Corporation.
This AI summary has been generated from reviews found on Facebook.
Is Fellowship Cup Corporation legitimate?
Fellowship Cup Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fellowship Cup Corporation 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: $58,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $197,610
For more financial information, click here
Official website here: www.thefellowshipcup.org
What is the mission statement of Fellowship Cup Corporation?
The Fellowship Cup Corporation is dedicated to serving the underserved community in Henry County. Their mission is to provide essentials such as food, clothing, and shelter to those in need. They believe in collaborating with others to serve their community and empower individuals to rise above their circumstances. The organization operates a store, known as Quarter Maybe More, which accepts donations of clothing and household goods and sells them at affordable prices. In 2022, the store recorded 34,715 sales transactions.
Official website here: www.thefellowshipcup.org
What is the revenue of Fellowship Cup Corporation?
Fellowship Cup Corporation's revenue in 2023 was $576,418.
Official website here: www.thefellowshipcup.org
Who are the executives of Fellowship Cup Corporation and what are their salaries?
The average compensation at Fellowship Cup Corporation during 2023 was $12,827. There are 20 employees and 184 volunteers at Fellowship Cup Corporation.
Here are 10 key members and their salaries:
- Compensation: $57,228
- Related: $0
- Other: $1,704
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thefellowshipcup.org
Where can I find the form 990 for Fellowship Cup Corporation?
Fellowship Cup Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thefellowshipcup.org
Learn more at the official website: www.thefellowshipcup.org
Mission Statement of Fellowship Cup Corporation
The Fellowship Cup Corporation, a nonprofit organization, is committed to providing essential aid to the underprivileged residing in Henry County. Their mission is twofold: to offer food, clothing, and shelter to those in need. The corporation believes in working collaboratively with other entities to serve their community and empower individuals to rise above the need for their assistance.
In line with their mission, Fellowship Cup Corporation operates a quarterly, or possibly more often, store that accepts donations of clothing and household goods. They resell these items at thrift store prices, thereby offering affordable options to those in need. In 2022, the organization recorded 34,715 sales transactions, indicating a significant impact in providing essential items to the underprivileged.
In summary, Fellowship Cup Corporation is a charitable organization dedicated to alleviating the hardships faced by the underprivileged in Henry County. By providing food, clothing, and shelter, they aim to offer a sense of security and support. Their thrift store initiative further extends their reach, offering affordable options to those in need. Through collaboration and empowerment, Fellowship Cup Corporation strives to improve the lives of the underprivileged in their community.
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Impact
July, 2024
Fellowship Cup Corporation's impact is profound in Henry County, as it directly provides essential services such as food, clothing, and shelter to the underserved population. Through initiatives like the "Quarter Maybe More" store, which accepts donations and resells them at affordable prices, the organization facilitates over 34,715 sales transactions annually. By collaborating with the community and empowering individuals to overcome their circumstances, Fellowship Cup Corporation is instrumental in supporting those in need in Mt Pleasant, IA, and beyond.
This information is meant to be a general summary of Fellowship Cup Corporation. 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: $3,328
- Gross Receipts: $881,528
Assets and Liabilities:
- Total Assets: $848,700
- Total Liabilities: $1,987
- Net Assets: $846,713
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Organization Details
Founding Year
1981
Principal Officer
Jerry Keeley
Website
www.thefellowshipcup.orgNTEE Category
Code: P20 - Human services
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