Overview
What is Aea 6 Foundation?
The Aea 6 Foundation is a nonprofit organization situated within the Marshalltown, Iowa, educational region. Its primary mission is to provide and manage a specially designed swimming pool facility, catering specifically to the needs of physically and mentally challenged children in the area. The foundation's activities revolve around maintaining and operating this unique swimming pool facility, ensuring it remains accessible and beneficial for its intended beneficiaries.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Aea 6 Foundation has achieved an 80% score, reflecting a solid performance in accountability and finance, which contributes to its Three-Star rating. This score indicates that the organization is well-managed and operates with a high level of financial transparency. The evaluation is based entirely on the accountability and finance beacon, highlighting the foundation's commitment to maintaining sound financial practices.
One of the organization's notable strengths is its governance structure, featuring a fully independent board comprising seven members, which demonstrates strong oversight and commitment to ethical standards. Furthermore, the Aea 6 Foundation has reported no material diversion of assets, ensuring that resources are used effectively for their intended purposes. Their program expense ratio is impressive at 97.03%, indicating that the vast majority of funds are directed towards program services rather than administrative costs.
While the foundation exhibits strong financial health and governance, the overall rating reflects a single beacon score, which may limit the breadth of evaluation in areas such as impact and program effectiveness. Nevertheless, the Aea 6 Foundation shows a strong commitment to accountability, making it a trustworthy choice for donors looking to support an organization with responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Aea 6 Foundation legitimate?
Aea 6 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aea 6 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.
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What is the mission statement of Aea 6 Foundation?
The Aea 6 Foundation is committed to maintaining and operating a uniquely designed swimming pool facility, catering to the needs of physically and mentally challenged children. The primary objective of the foundation is to provide a conducive environment for these children in the educational sector, ensuring their access to this specialized swimming facility. The foundation's activities primarily revolve around the operation and upkeep of the swimming pool, ensuring it remains safe and functional for its intended beneficiaries.
Who is the CEO of Aea 6 Foundation?
Allan Fagerlund is the President of Aea 6 Foundation.
What is the revenue of Aea 6 Foundation?
Aea 6 Foundation's revenue in 2022 was $31,097.
Who are the executives of Aea 6 Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Aea 6 Foundation?
Aea 6 Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Aea 6 Foundation
The Aea 6 Foundation is dedicated to maintaining and operating a uniquely designed swimming pool facility catering to the needs of physically and mentally challenged children within a specific educational region. By managing this specialized aquatic facility, the foundation aims to provide a safe and inclusive environment where these children can enjoy the benefits of swimming and water activities, which can significantly contribute to their overall well-being and development. The foundation's mission is centered around the operation and maintenance of this swimming pool, ensuring that it remains accessible and functional for the children who need it most.
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Impact
August, 2024
Aea 6 Foundation's impact is significant as it provides a specially designed swimming pool facility for physically and mentally challenged children in the Marshalltown, IA educational region. By maintaining and operating this facility, the foundation offers vital recreational opportunities for these children. Their mission to cater to the unique needs of this specific community demonstrates a commitment to inclusivity and support for individuals with disabilities. The Foundation's focus on recreation for this marginalized group enriches their lives and contributes positively to their overall well-being.
This information is meant to be a general summary of Aea 6 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: $29,565
- Program Service Revenue: $1,532
- Gross Receipts: $31,097
Assets and Liabilities:
- Total Assets: $746,381
- Total Liabilities: $0
- Net Assets: $746,381
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
POOL USAGE
Revenue
$1,532
Organization Details
Founding Year
1988
Phone
(641) 753-3564Principal Officer
Allan Fagerlund
Main Address
909 S 12TH ST, MARSHALLTOWN, IA, 50158
NTEE Category
Code: N30 - Recreation
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