George Daily Charitable Trust

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

EIN: 421336683 ✦ Oskaloosa, IA ✦ Designated as a 501(c)(3)

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Overview

What is George Daily Charitable Trust?

The George Daily Charitable Trust is a nonprofit organization with a mission to benefit the community. They aim to foster leadership development and initiate projects that contribute positively to their community. The trust utilizes its resources to match or amplify existing efforts, thereby promoting community growth and improvement.


Official website here: www.teammahaska.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

The George Daily Charitable Trust has earned a Three-Star rating from Charity Navigator, reflecting a solid accountability and financial performance score. The organization's overall score is exclusively derived from its accountability and finance metrics, highlighting its strong commitment to transparency and responsible management of resources.

Key strengths of the trust include a fully independent board, with all 10 members meeting the criteria for independence, and an impressive program expense ratio of 97.46%. This suggests that the majority of its funds are directed toward its charitable programs rather than administrative costs. Additionally, the organization has no recorded material diversion of assets, which further enhances its credibility.

However, the trust does face some limitations, particularly in governance practices. The absence of a conflict of interest policy, whistleblower policy, and document retention policy may raise concerns about organizational oversight. These gaps could potentially impact the trust's operational integrity if not addressed in the future.


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

Is George Daily Charitable Trust legitimate?

George Daily Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. George Daily Charitable Trust 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.teammahaska.org

What is the mission statement of George Daily Charitable Trust?

The George Daily Charitable Trust's mission is centered around utilizing its resources to serve the community. Specifically, it aims to foster leadership development and initiate projects that benefit the community as a whole. The trust is willing to match other funds or efforts in order to support these initiatives.


Official website here: www.teammahaska.org

Who is the CEO of George Daily Charitable Trust?

Joe P Crookham is the Co-Trustee of George Daily Charitable Trust.


Official website here: www.teammahaska.org

What is the revenue of George Daily Charitable Trust?

George Daily Charitable Trust's revenue in 2022 was -$32,890.


Official website here: www.teammahaska.org

Who are the executives of George Daily Charitable Trust and what are their salaries?

There 13 volunteers at George Daily Charitable Trust.


Here are 3 key members and their salaries:


Joe P Crookham (Co-Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Crookham-Hansen (Co-Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Degeest (Co-Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.teammahaska.org

Where can I find the form 990 for George Daily Charitable Trust?

George Daily Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teammahaska.org

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

Mission Statement of George Daily Charitable Trust

The George Daily Charitable Trust is dedicated to utilizing its resources in two primary ways for the betterment of the community. Firstly, it aims to foster leadership development within the community. By doing so, the Trust believes it can contribute positively to the community's well-being. Secondly, the Trust initiates projects intended to bring about beneficial changes in the community. It accomplishes this by matching other funds or efforts, thereby amplifying the impact of these initiatives. In essence, the George Daily Charitable Trust is committed to improving its community by nurturing leadership and spearheading projects that make a difference.

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Impact




October, 2024

The George Daily Charitable Trust makes a significant impact by fostering leadership within the community and initiating projects that bring positive change. By strategically utilizing its resources, the Trust aims to empower local leaders, ensuring they have the skills and support needed to drive community development. Additionally, the Trust encourages collaborative efforts by matching funds for various initiatives, effectively amplifying the impact of community projects. This approach not only enhances the capacity for transformative activities but also strengthens the social fabric of Oskaloosa, Iowa, fostering a culture of philanthropy and proactive engagement among residents.




This information is meant to be a general summary of George Daily Charitable Trust. 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
-$32,890 (2022)
Expenses
$337,200 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$203,683
  • Gross Receipts: $3,273,345

Assets and Liabilities:

  • Total Assets: $9,295,834
  • Total Liabilities: $1,330
  • Net Assets: $9,294,504

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Organization Details

Founding Year

1989

Principal Officer

Joe P Crookham

Main Address

PO BOX 808, OSKALOOSA, IA, 52577

NTEE Category

Code: T30 - Philanthropy

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