Overview
What is Wallace Foundation For Rural Research & Development?
The Wallace Foundation for Rural Research and Development is a nonprofit organization committed to fostering rural development and research. They achieve this goal by disseminating relevant information through newsletters, conducting research projects, and coordinating events that contribute to agricultural advancement. The organization's mission is to promote rural growth and innovation, aiming to improve the living standards and opportunities in rural communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Wallace Foundation For Rural Research & Development received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The organization scored 80%, with its overall score derived entirely from its accountability and finance metrics. This rating reflects a strong commitment to transparency and responsible financial management.
One of the key strengths of the foundation is its governance, as it boasts a fully independent board with 16 members, receiving full points for both the majority of independent board members and board size. Additionally, the foundation has demonstrated no material diversion of assets, which further emphasizes its reliability. It has established a conflict of interest policy and regularly documents board meeting minutes, contributing to its high accountability score.
Financially, the foundation maintains an impressive program expense ratio of 100%, indicating that all of its expenses are directed toward its programs. The liabilities to assets ratio stands at a low 1.38%, suggesting strong financial stability. Overall, while the foundation shows robust strengths in governance and financial management, it maintains room for continued improvement in its outreach and program effectiveness, as reflected in its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Wallace Foundation For Rural Research & Development legitimate?
Wallace Foundation For Rural Research & Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wallace Foundation For Rural Research & Development 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: $15,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Wallace Foundation For Rural Research & Development?
The Wallace Foundation for Rural Research and Development's mission is centered around promoting rural research and development. They accomplish this by engaging in various activities, such as publishing informative newsletters, conducting comprehensive research projects, and organizing events that foster agricultural advancement. By doing so, they aim to enhance the rural sector, contributing to its overall growth and development.
Who is the CEO of Wallace Foundation For Rural Research & Development?
Raelyn Barkley is the President of Wallace Foundation For Rural Research & Development.
What is the revenue of Wallace Foundation For Rural Research & Development?
Wallace Foundation For Rural Research & Development's revenue in 2022 was $57,310.
Who are the executives of Wallace Foundation For Rural Research & Development and what are their salaries?
Here are 16 key members and their salaries:
- 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
- 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
Where can I find the form 990 for Wallace Foundation For Rural Research & Development?
Wallace Foundation For Rural Research & Development's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wallace Foundation For Rural Research & Development
The Wallace Foundation for Rural Research & Development is dedicated to fostering the advancement of rural research and development. In pursuit of this mission, the organization engages in various activities. Specifically, it publishes informative newsletters, carries out research projects, and organizes events aimed at improving agricultural growth in rural areas. By doing so, the Wallace Foundation for Rural Research & Development aims to contribute to the overall enhancement of rural development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Wallace Foundation For Rural Research & Development has had a significant impact by promoting rural research and development in Lewis, IA. Through activities such as publishing newsletters, conducting research projects, and organizing events, the foundation has enhanced agricultural development in the region. One specific area of impact is in creating employment opportunities for individuals in rural areas.
This information is meant to be a general summary of Wallace Foundation For Rural Research & Development. 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: $2,447
- Gross Receipts: $57,310
Assets and Liabilities:
- Total Assets: $1,500,229
- Total Liabilities: $9,884
- Net Assets: $1,490,345
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1990
Phone
(712) 769-2650Principal Officer
Raelyn Barkley
Main Address
53020 HITCHCOCK AVENUE, LEWIS, IA, 51544
NTEE Category
Code: J99Z - Employment
If you are a representative of Wallace Foundation For Rural Research & Development and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.