Overview
What is Council Of Churches Of The Ozarks Foundation Inc?
Council of Churches of the Ozarks Foundation Inc, located in Springfield, Missouri, is a nonprofit organization that primarily focuses on managing and growing the endowment fund of the Council of Churches of the Ozarks, Inc. By investing this fund, they aim to support various organizations within their community. The Foundation's activities are centered around allocating funds to these supported organizations, contributing to the betterment of Springfield, Missouri.
Official website here: www.ccozarks.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Council Of Churches Of The Ozarks Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is notably derived from a single beacon score, which emphasizes the organization's commitment to transparency and responsible financial management.
The foundation excels in several areas, including having 100% independent board members and a high program expense ratio of 71.94%, which suggests that a significant portion of its funds is directed toward its programs. Additionally, it maintains a noteworthy track record with no material diversion of assets and well-documented board meeting minutes, highlighting its organizational strength and governance practices.
However, there are some limitations, as the charity lacks a whistleblower policy and does not have guidelines for document retention and destruction, which could be considered areas for improvement. Despite these gaps, the overall accountability framework seems strong, contributing positively to the nonprofit's reputation.
This AI summary has been generated from information found on Charity Navigator.
Is Council Of Churches Of The Ozarks Foundation Inc legitimate?
Council Of Churches Of The Ozarks Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Council Of Churches Of The Ozarks Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.ccozarks.org/foundation
What is the mission statement of Council Of Churches Of The Ozarks Foundation Inc?
The Council of Churches of the Ozarks Foundation's mission is centered around managing and growing an endowment fund. Specifically, its role is to invest this fund for the Council of Churches of the Ozarks, Inc. In addition to this, the foundation also provides financial support to various organizations located in Springfield, MO, through grant-making programs.
Official website here: www.ccozarks.org/foundation
Who is the CEO of Council Of Churches Of The Ozarks Foundation Inc?
Jaimie Trussell is the Executive Di of Council Of Churches Of The Ozarks Foundation Inc.
Official website here: www.ccozarks.org/foundation
What is the revenue of Council Of Churches Of The Ozarks Foundation Inc?
Council Of Churches Of The Ozarks Foundation Inc's revenue in 2022 was $174,152.
Official website here: www.ccozarks.org/foundation
Who are the executives of Council Of Churches Of The Ozarks Foundation Inc and what are their salaries?
There 7 volunteers at Council Of Churches Of The Ozarks Foundation Inc.
Here are 6 key members and their salaries:
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Official website here: www.ccozarks.org/foundation
Where can I find the form 990 for Council Of Churches Of The Ozarks Foundation Inc?
Council Of Churches Of The Ozarks Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ccozarks.org/foundation
Learn more at the official website: www.ccozarks.org/foundation
Mission Statement of Council Of Churches Of The Ozarks Foundation Inc
The Council of Churches of the Ozarks Foundation plays a vital role in managing and growing the endowment fund of its parent organization, the Council of Churches of the Ozarks, Inc. This foundation's mission is to invest and nurture these financial resources, with the aim of providing funding to supported organizations situated in Springfield, Missouri. By fulfilling this mission, the Council of Churches of the Ozarks Foundation contributes to the betterment of its community, providing financial support to various initiatives and projects that align with the values and objectives of the Council of Churches of the Ozarks, Inc.
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Impact
October, 2024
The Council of Churches of the Ozarks Foundation Inc significantly enhances the local community by effectively investing, managing, and growing its endowment fund. This foundation plays a pivotal role in supporting various organizations in Springfield, MO, through its grant-making programs. By ensuring financial stability and encouraging philanthropic efforts, it fosters a collaborative environment that strengthens the social fabric of the area. The foundation's commitment to philanthropy demonstrates its impact on community development and the well-being of individuals and families served by its supported organizations.
This information is meant to be a general summary of Council Of Churches Of The Ozarks Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $169,152
- Gross Receipts: $980,953
Assets and Liabilities:
- Total Assets: $1,944,897
- Total Liabilities: $0
- Net Assets: $1,944,897
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Organization Details
Founding Year
1998
Phone
(417) 862-3586Principal Officer
Jaimie Trussell
Main Address
PO BOX 3947, SPRINGFIELD, MO, 65808
Website
www.ccozarks.org/foundationNTEE Category
Code: T00Z - Philanthropy
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