Overview
What is Vinton Community Foundation?
The Vinton Community Foundation is a nonprofit organization situated in Vinton, Iowa, with an address at 401 B Avenue. Its primary mission is dedicated to bettering the community within the Vinton-Shellsburg Community School District. They achieve this by accepting and managing property for educational, cultural, charitable, or benevolent purposes. Through their endeavors, they have been instrumental in funding various youth programs, such as acting workshops, operation backpack, field trips, High School Fine Arts, recreational activities, and special projects for preschools. The foundation's objective is to contribute positively to the local community, improving lives and fostering growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
The Vinton Community Foundation has received a Two-Star rating, indicating areas needing improvement despite some strengths. Key positives include a fully independent board and strong financial ratios such as a high program expense ratio and a favorable liabilities to assets ratio. These elements suggest the organization has a solid foundation in governance and fiscal management.
However, significant limitations have been noted in accountability and transparency practices. The foundation is lacking several essential policies, including a conflict of interest policy and a whistleblower policy, which could impact stakeholder trust. Additionally, there are missing documents that include board meeting minutes and the nonprofit's tax form on its website, which are crucial for public transparency.
Overall, while the Vinton Community Foundation demonstrates strong governance through its independent board and sound financial practices, there is a clear need to enhance its policies and improve transparency to strengthen its overall accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Vinton Community Foundation legitimate?
Vinton Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vinton Community 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $7,291
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Vinton Community Foundation?
The Vinton Community Foundation's mission is centered around accepting and utilizing property for beneficial purposes in the community. Specifically, it focuses on education, culture, charitable causes, and acts of kindness. The primary objective is to enhance the well-being of the community residents associated with the Vinton-Shellsburg Community School District. The foundation has been instrumental in funding various youth programs, such as acting programs, Operation Backpack, educational field trips, High School Fine Arts, recreational activities, and special projects for preschools, thereby contributing to the holistic development of the community's youth.
What is the revenue of Vinton Community Foundation?
Vinton Community Foundation's revenue in 2023 was $173,432.
Who are the executives of Vinton Community Foundation and what are their salaries?
There 18 volunteers at Vinton Community Foundation.
Here are 7 key members and their salaries:
- Compensation: $7,291
- 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 Vinton Community Foundation?
Vinton Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Vinton Community Foundation
The Vinton Community Foundation is an organization dedicated to accepting and managing property for the betterment of its community. Specifically, its purpose is to serve the residents of the Vinton-Shellsburg Community School District, focusing on educational, cultural, charitable, and benevolent initiatives. This nonprofit aims to improve the community by using its resources for these various causes.
In terms of its activities, the Vinton Community Foundation has shown a particular interest in supporting youth programs. It has provided funding for various projects, including youth acting programs, operation backpack, youth field trips, High School Fine Arts, and youth recreation programs. Additionally, it has offered special project support for preschools within the community. By investing in these initiatives, the foundation is contributing to the education, development, and overall well-being of the community's younger generation.
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 Vinton Community Foundation's impact can be seen in the numerous youth programs that have received funding for various initiatives. These include youth acting programs, operation backpack, youth field trips, High School Fine Arts, youth recreation programs, and special projects for preschools. By providing support for these programs, the foundation is contributing to the overall improvement of the community and enhancing the lives of residents in the Vinton-Shellsburg Community School District.
This information is meant to be a general summary of Vinton Community 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 2023.
- Investment Income: $15,881
- Gross Receipts: $173,432
Assets and Liabilities:
- Total Assets: $627,245
- Total Liabilities: $0
- Net Assets: $627,245
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1994
Principal Officer
Farmers Savings Bank
NTEE Category
Code: Z99 - Unknown
If you are a representative of Vinton Community Foundation 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.