Dyersville Area Foundation For The Future Inc

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

EIN: 421323377 ✦ Dyersville, IA ✦ Designated as a 501(c)(3)

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Overview

What is Dyersville Area Foundation For The Future Inc?

Dyersville Area Foundation For The Future Inc is a nonprofit organization located in Dyersville, Iowa. With a mission to enhance the community's well-being, it accepts contributions for long-term benefits. The primary program of the organization, known as The Kid's Project, provided preschool and daycare services to 154 children in 2022. Beyond offering these educational services, DAFFI engages in community leadership by granting funds to local nonprofit organizations and fostering collaboration through convening events. The organization has a team of 30 dedicated individuals working towards its goals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating.

The Dyersville Area Foundation For The Future Inc has received a Two-Star rating from Charity Navigator, indicating some areas of concern in its accountability and financial practices. Notably, the organization has a high program expense ratio of 91.21%, suggesting that a significant portion of its funds is directed towards its programs. Additionally, it boasts a fully independent board, which is a positive indicator for governance.

However, the foundation faces challenges in transparency and governance policies. It has not provided financial statements, nor does it have key policies like a conflict of interest policy or a whistleblower policy in place. Furthermore, the organization's website is not listed on its tax form, and it lacks a section for posting its tax filings. These gaps in accountability could affect public trust and the organization's overall effectiveness.


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

Is Dyersville Area Foundation For The Future Inc legitimate?

Dyersville Area Foundation For The Future Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dyersville Area Foundation For The Future Inc 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: $54,702
Professional Fundraising Fees: $0
Other Salaries and Wages: $387,497

For more financial information, click here

What is the mission statement of Dyersville Area Foundation For The Future Inc?

The Dyersville Area Foundation For The Future Inc operates as a nonprofit organization, encouraging contributions for the long-term benefit of the community. Their mission is to enhance the quality of life in the region by serving donors, making grants to local nonprofit organizations, and providing community leadership through convening and collaboration. The foundation is committed to improving the community by fulfilling these roles. One of their primary programs is The Kids' Project, which provided preschool and daycare for 154 children in 2022.

Who is the CEO of Dyersville Area Foundation For The Future Inc?

Dave Schroeder is the Secretary of Dyersville Area Foundation For The Future Inc.

What is the revenue of Dyersville Area Foundation For The Future Inc?

Dyersville Area Foundation For The Future Inc's revenue in 2022 was $703,508.

Who are the executives of Dyersville Area Foundation For The Future Inc and what are their salaries?

The average compensation at Dyersville Area Foundation For The Future Inc during 2022 was $14,740. There are 30 employees and 75 volunteers at Dyersville Area Foundation For The Future Inc.


Here are 13 key members and their salaries:


Karla Thompson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike English (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Schroeder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ungs-Sogaard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cookie Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Maiers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Tegeler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Dunkel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Koelker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Simon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Grover (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Olberding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Maiers (Top Management Official)
  • Compensation: $54,702
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dyersville Area Foundation For The Future Inc?

Dyersville Area Foundation For The Future Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dyersville Area Foundation For The Future Inc

Dyersville Area Foundation For The Future Inc, as a nonprofit corporation, is committed to encouraging contributions for the long-term benefit of its community. Its mission is threefold: firstly, it aims to improve the quality of life in the region by serving donors and providing them with a platform for making meaningful contributions. Secondly, the foundation makes grants to local nonprofit organizations, supporting their initiatives and contributing to the community's overall development. Lastly, it provides community leadership through convening and collaboration, bringing together various stakeholders to work towards common goals. The Kids' Project, the primary program of Dyersville Area Foundation For The Future Inc, served 154 children with preschool and daycare facilities in 2022, further illustrating its commitment to the community's well-being.

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Impact




July, 2024

The Dyersville Area Foundation For The Future Inc, through its primary program, The Kid's Project, provided preschool and daycare services to 154 children in 2022. This organization operates as a corporation encouraging contributions for the long-term benefit of the community. By serving donors, making grants to local organizations, and providing community leadership through collaboration, Dyersville Area Foundation For The Future Inc is committed to improving the quality of life in the region.




This information is meant to be a general summary of Dyersville Area Foundation For The Future Inc. 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
$703,508 (2022)
Expenses
$687,914 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$426
  • Program Service Revenue: $679,443
  • Gross Receipts: $715,529

Assets and Liabilities:

  • Total Assets: $769,293
  • Total Liabilities: $11,213
  • Net Assets: $758,080

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Programs

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

DAYCARE

Revenue

$384,942

INFANTS

Revenue

$161,475

FOOD REIMBURSEMENT

Revenue

$72,399

BEFORE/AFTER SCHOOL CA

Revenue

$55,391

REGISTRATION FEES

Revenue

$3,885

Organization Details

Founding Year

1989

Principal Officer

Dave Schroeder

Main Address

P O BOX 213, DYERSVILLE, IA, 52040

NTEE Category

Code: T31 - Philanthropy

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