Overview
What is 32nd St Legacy Fund?
The 32nd St Legacy Fund is a nonprofit organization situated in Phoenix, Arizona, with an address at 13625 N 32nd Street. Its primary purpose is to support the activities of Genesis, an Evangelical Covenant Church, located in the same city. The fund's mission involves managing property for the benefit of this church, thereby contributing to its operations and initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The 32nd St Legacy Fund has received a score of 79%, which reflects a solid performance in key accountability and finance measures. The organization boasts a fully independent board, featuring 100% independent members, and displays strong governance practices, including a conflict of interest policy and a whistleblower policy. These factors contribute positively to its overall score and highlight the organization's commitment to transparency.
With a program expense ratio of 94.34%, the fund demonstrates a strong emphasis on directing its resources toward its mission-related programs. This high percentage suggests that the majority of the charity's expenses are allocated to its core activities, which is a positive indicator for potential donors interested in maximizing their impact.
Despite these strengths, it is important to note that while the organization has established solid governance practices, the overall score of 79% indicates that there may still be areas for improvement. Potential supporters may want to consider how the organization addresses these areas as part of their decision-making process.
This AI summary has been generated from information found on Charity Navigator.
Is 32nd St Legacy Fund legitimate?
32nd St Legacy Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. 32nd St Legacy Fund 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
What is the mission statement of 32nd St Legacy Fund?
The 32nd St Legacy Fund's mission is centered around supporting the activities of Genesis, an Evangelical Covenant Church, located in Phoenix, Arizona. In essence, the fund aims to contribute to the church's operations by owning and managing property for its benefit. This support is likely to encompass various church activities and initiatives. It's important to note that the specifics of these activities are not provided in the information given.
Who is the CEO of 32nd St Legacy Fund?
Craig Barnes is the President of 32nd St Legacy Fund.
What is the revenue of 32nd St Legacy Fund?
32nd St Legacy Fund's revenue in 2022 was $214,145.
Who are the executives of 32nd St Legacy Fund and what are their salaries?
There 6 volunteers at 32nd St Legacy Fund.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for 32nd St Legacy Fund?
32nd St Legacy Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 32nd St Legacy Fund
The 32nd St Legacy Fund is committed to supporting the activities of Genesis, an Evangelical Covenant Church, based in Phoenix, Arizona. Its mission is to contribute to the church's operations by managing and owning property on its behalf, thereby aiding Genesis in its religious and community initiatives.
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Impact
October, 2024
The 32nd St Legacy Fund significantly enhances the activities of Genesis, an Evangelical Covenant Church in Phoenix, AZ, by providing critical support and resources. It owns and manages property that serves as a vital space for various church activities, community outreach, and spiritual gatherings. This support fosters a strong sense of community, enabling Genesis to effectively carry out its mission and serve the local population. By facilitating a welcoming environment for worship and fellowship, the 32nd St Legacy Fund plays an essential role in promoting religious engagement and community development within the Phoenix area.
This information is meant to be a general summary of 32nd St Legacy Fund. 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: $2,419
- Program Service Revenue: $135,434
- Gross Receipts: $380,223
Assets and Liabilities:
- Total Assets: $3,213,784
- Total Liabilities: $2,576,037
- Net Assets: $637,747
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FROM RELATED CHUR
Revenue
$135,434
Organization Details
Founding Year
2011
Phone
(602) 391-8503Principal Officer
Craig Barnes
Main Address
13625 N 32ND ST, PHOENIX, AZ, 85032
NTEE Category
Code: X99 - Religion related
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