Overview
What is So Shine Foundation?
The So Shine Foundation is a nonprofit organization situated in Newton, Kansas, specifically at 613 N MAIN. Their primary mission is to foster community and fellowship, which they accomplish by operating a sweet shoppe within the city. Their mission encompasses enhancing the well-being of the surrounding neighborhoods through various means, such as education, mentoring, life skills training, and community development. They employ a team of 23 dedicated individuals to carry out their mission.
Official website here: www.soshinefoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
So Shine Foundation has received a low rating of 58%, indicating concerns regarding its accountability and financial management. While it does have a majority of independent board members and a small independent board size, the lack of financial statements significantly impacts its overall score. The organization has demonstrated adherence to several governance practices, such as having a conflict of interest policy and maintaining board meeting minutes.
However, there are notable limitations, including the absence of a whistleblower policy and missing documents related to retention and destruction, which raises questions about transparency. Additionally, the foundation’s liabilities exceed its assets, indicating potential financial instability. Despite a high program expense ratio of 92.28%, signifying most funds are directed towards its programs, the overall financial practices need improvement for better accountability.
Overall, while So Shine Foundation is committed to its mission, it faces challenges that need addressing to enhance trust and confidence among its supporters and stakeholders. Improvements in financial transparency and governance policies would be essential for the organization to strengthen its performance and rating in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about So Shine Foundation?
86% of 676 reviewers on Facebook recommend So Shine Foundation. Here is a summary of their reviews:
Many users appreciate the welcoming atmosphere, describing it as a "great place to go and be comfortable." This positive sentiment reflects the nonprofit's success in creating an inclusive environment for those they serve. Overall, the reviews convey a sense of satisfaction and a belief that the foundation is fulfilling its mission effectively.
The organization appears to have made a meaningful impact on the lives of its visitors, with reviewers noting both the supportive environment and the services provided. Such endorsements highlight the foundation's dedication to its goals and the positive experiences of its community members.
This AI summary has been generated from reviews found on Facebook.
Is So Shine Foundation legitimate?
So Shine Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. So Shine 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: $32,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,460
For more financial information, click here
Official website here: www.soshinefoundation.com
What is the mission statement of So Shine Foundation?
The So Shine Foundation's mission is centered around enhancing the health and vitality of the communities it serves. This is achieved through various means, including education, mentoring, life skills training, and community development. The organization strives to foster a sense of community and fellowship by operating a sweet shoppe, although the specific location was not provided in the information.
Official website here: www.soshinefoundation.com
What is the revenue of So Shine Foundation?
So Shine Foundation's revenue in 2023 was $647,088.
Official website here: www.soshinefoundation.com
Who are the executives of So Shine Foundation and what are their salaries?
The average compensation at So Shine Foundation during 2023 was $6,391. There are 27 employees and 90 volunteers at So Shine Foundation.
Here are 7 key members and their salaries:
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- Compensation: $32,100
- Related: $0
- Other: $0
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- Other: $0
Official website here: www.soshinefoundation.com
Where can I find the form 990 for So Shine Foundation?
So Shine Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.soshinefoundation.com
Learn more at the official website: www.soshinefoundation.com
Mission Statement of So Shine Foundation
The So Shine Foundation, a not-for-profit organization, is committed to enhancing the health and vitality of the communities it serves. It achieves this mission by providing education, mentoring, life skills training, and fostering community development. By implementing these strategies, the foundation aims to positively impact the neighborhoods it serves, ultimately improving their overall well-being. The So Shine Foundation operates a sweet shoppe in Newton, Kansas, which serves as a platform for fostering fellowship within the community.
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Impact
July, 2024
So Shine Foundation's impact can be seen in the increased health and vitality of the neighborhoods it serves through education, mentoring, life skills training, and community development. By fostering community and fellowship through the operation of a Sweet Shoppe in Newton, Kansas, the foundation is making a tangible difference in the lives of individuals in the community. The foundation's mission to enhance the well-being of the neighborhoods it serves is reflected in its dedicated efforts to educate, mentor, and empower individuals to lead healthier and more fulfilling lives.
This information is meant to be a general summary of So Shine 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: $100
- Program Service Revenue: $550,983
- Gross Receipts: $653,201
Assets and Liabilities:
- Total Assets: $652,366
- Total Liabilities: $764,380
- Net Assets: -$112,014
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COFFEE BAR SALES
Revenue
$537,208
SWEET SHOPPE SALES
Revenue
$13,775
Organization Details
Founding Year
2012
Principal Officer
Tami Lakey
Website
www.soshinefoundation.comNTEE Category
Code: Q33 - International
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