Overview
What is Pinnacle Foundatino Nfp?
Pinnacle Foundatino Nfp, located at 904 William Street, River Forest, Illinois 60305, is a nonprofit organization dedicated to supporting small organizations that significantly impact lives through arts, education, and community service. They raise funds primarily through unique water experiences, employing this creative approach to make a difference in various communities. The organization's mission is to contribute to the success of these small initiatives, ensuring they can continue making a substantial impact on people's lives.
Official website here: www.pinnaclefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Pinnacle Foundation Nfp has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating is primarily based on the charity's strong performance in the Accountability & Finance category, where it scored 83%. The foundation exhibits transparency and fiscal responsibility, which are essential for donor confidence and effective operations.
The organization demonstrates a commitment to governance with a completely independent board, scoring the maximum points for both board independence and size. Additionally, it shows no material diversion of assets and has a high program expense ratio of 87.51%, indicating that a significant majority of its expenses directly support its mission. The foundation also complies with necessary documentation policies and maintains transparency by listing its tax form on its website.
However, it should be noted that Pinnacle Foundation lacks a whistleblower policy and a document retention and destruction policy, which are critical components for safeguarding the organization's integrity and ensuring proper management of records. While these limitations are acknowledged, the foundation's strengths in other areas highlight a reliable commitment to effective charity practices.
This AI summary has been generated from information found on Charity Navigator.
Is Pinnacle Foundatino Nfp legitimate?
Pinnacle Foundatino Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pinnacle Foundatino Nfp 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.pinnaclefoundation.org
What is the mission statement of Pinnacle Foundatino Nfp?
Pinnacle Foundation NFP's mission is focused on assisting small organizations that significantly impact the lives of others through their efforts in the arts, education, and community service. By providing support to these organizations, they aim to amplify their impact and contribute to positive change in people's lives. Pinnacle Foundation NFP accomplishes this mission through unique fundraising events, such as on-the-water experiences, which generate funds for the supported organizations.
Official website here: www.pinnaclefoundation.org
What is the revenue of Pinnacle Foundatino Nfp?
Pinnacle Foundatino Nfp's revenue in 2024 was $28,189.
Official website here: www.pinnaclefoundation.org
Who are the executives of Pinnacle Foundatino Nfp and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pinnaclefoundation.org
Where can I find the form 990 for Pinnacle Foundatino Nfp?
Pinnacle Foundatino Nfp's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pinnaclefoundation.org
Learn more at the official website: www.pinnaclefoundation.org
Mission Statement of Pinnacle Foundatino Nfp
Pinnacle Foundation NFP is committed to assisting small organizations that significantly impact the lives of others through art, education, and community service. Their mission is to provide these organizations with the necessary support they need to continue their valuable work. By offering unique on-the-water experiences, they raise funds for these organizations, ensuring that their efforts continue to make a substantial difference in people's lives. Pinnacle Foundation NFP's mission is to serve as a bridge, connecting small organizations with the resources they need to thrive and make a lasting impact in their communities.
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Impact
August, 2024
Pinnacle Foundation Nfp makes a significant impact by supporting small organizations that have a profound influence on individuals' lives through the arts, education, and community service. They achieve this by organizing unique on-the-water experiences to raise funds for various causes. Located in River Forest, IL, their mission is to empower these small organizations to make a big difference in their communities. Their philanthropic efforts provide crucial support for initiatives that enrich society and uplift individuals in need.
This information is meant to be a general summary of Pinnacle Foundatino Nfp. 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 2024.
- Investment Income: $7,996
- Gross Receipts: $88,677
Assets and Liabilities:
- Total Assets: $202,682
- Total Liabilities: $7,060
- Net Assets: $195,622
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Organization Details
Founding Year
2011
Principal Officer
Gary Feracota
Website
www.pinnaclefoundation.orgNTEE Category
Code: T30 - Philanthropy
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