Overview
What is Sesdac Foundation Inc?
Sesdac Foundation Inc serves as a supporting entity for Sesdac, aiming to uphold and strengthen its status as a public foundation. Their mission encompasses promoting, sustaining, and assisting Sesdac in its operations, thereby contributing to its overall growth and development. The Foundation's primary role is to ensure Sesdac's continued success and impact in its respective field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 46%
The Sesdac Foundation Inc has received a 46% score, which translates to a Zero-Star out of Four Star rating, indicating significant issues in accountability and financial practices. The charity's lack of independent board members is particularly concerning, as it may reflect governance issues that can affect its operational integrity.
Strengths noted include a perfect score for material diversion of assets, indicating that there are no concerns regarding the misappropriation of funds. The foundation also maintains a whistleblower policy and has proper documentation for board meeting minutes, both of which are positive governance practices.
However, the charity faces challenges with its financial efficiency, as indicated by a program expense ratio of only 50.49%, suggesting that less than half of its expenses are directed towards programs. The absence of an independent board, missing conflict of interest policy, and lack of transparency regarding tax forms further limit the foundation's credibility and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sesdac Foundation Inc legitimate?
Sesdac Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sesdac 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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What is the mission statement of Sesdac Foundation Inc?
The Sesdac Foundation's mission is centered around supporting and bolstering Sesdac as a public foundation. It actively promotes and sustains the organization's operations, aiming to assist it in its endeavors. The foundation's role is crucial in upholding and strengthening Sesdac's presence within its respective field.
Who is the CEO of Sesdac Foundation Inc?
Steve Ford is the Member of Sesdac Foundation Inc.
What is the revenue of Sesdac Foundation Inc?
Sesdac Foundation Inc's revenue in 2022 was $41,164.
Who are the executives of Sesdac Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Sesdac Foundation Inc?
Sesdac Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sesdac Foundation Inc
Sesdac Foundation Inc, as stated in its mission, is committed to promoting, sustaining, and assisting the public foundation known as Sesdac. This mission is centered around supporting Sesdac in its operations and growth, ensuring its continued existence and effectiveness in serving its intended purpose. By taking on this role, the Sesdac Foundation plays a crucial part in strengthening the impact and reach of Sesdac within the public sector.
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Impact
October, 2024
Sesdac Foundation Inc plays a significant role in enhancing the capabilities and reach of Sesdac, a public foundation dedicated to supporting individuals with disabilities. By promoting and sustaining Sesdac's efforts, the foundation actively contributes to creating a more inclusive environment in Vermillion, SD, and beyond.
Through its initiatives, the foundation not only raises awareness about the challenges faced by individuals with disabilities but also mobilizes resources to improve their quality of life. The foundation's focus on philanthropy helps to facilitate programs and services that empower these individuals, fostering independence and community integration. Overall, Sesdac Foundation Inc's impact is profound, as it champions the rights and well-being of some of the most vulnerable members of society, enabling them to thrive and contribute to their communities.
This information is meant to be a general summary of Sesdac 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: $15,184
- Gross Receipts: $48,569
Assets and Liabilities:
- Total Assets: $583,955
- Total Liabilities: $0
- Net Assets: $583,955
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Organization Details
Founding Year
1975
Phone
(605) 624-4419Principal Officer
Steve Ford
Main Address
1314 E CHERRY ST, VERMILLION, SD, 57069
NTEE Category
Code: T113 - Philanthropy
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