Overview
What is Northwest Arkansas Council Foundation?
The Northwest Arkansas Council Foundation functions as a supporting body for the Northwest Arkansas Council, a Section 501(C)(6) organization. Based in Springdale, Arkansas, the Foundation aims to enhance the living conditions of the residents in Northwest Arkansas by providing essential resources and assistance to the Northwest Arkansas Council. As a nonprofit entity, the Foundation's mission is closely connected to the Council's goal of improving the quality of life for the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
The Northwest Arkansas Council Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. With a score of 90%, the foundation demonstrates effective management practices, including a majority independent board and no material diversion of assets, which reinforces its commitment to transparency and ethical governance.
Strengths highlighted include a high program expense ratio of 94.52%, indicating that the majority of its funding is directed towards its mission-driven activities. Additionally, the foundation's fundraising efficiency is noted as exemplary, with no costs incurred in fundraising efforts, showcasing its ability to generate support effectively without significant expense.
However, there is a noted limitation in the independent board size, receiving a score of 0 out of 10 points. This could suggest potential areas for improvement in board composition, which is crucial for diverse perspectives and governance. Overall, the foundation's strong performance in various accountability areas positions it favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest Arkansas Council Foundation legitimate?
Northwest Arkansas Council Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Arkansas Council 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,995,506
For more financial information, click here
What is the mission statement of Northwest Arkansas Council Foundation?
The Northwest Arkansas Council Foundation exists to support the Northwest Arkansas Council, a 501(C)(6) organization. Its primary objective is to enhance the living conditions of residents in Northwest Arkansas. The foundation provides essential resources and backing to the council in achieving this goal. By offering assistance, the foundation plays a pivotal role in the council's mission to improve the quality of life for Northwest Arkansas residents.
Who is the CEO of Northwest Arkansas Council Foundation?
Mike Harvey is the Chairman of Northwest Arkansas Council Foundation.
What is the revenue of Northwest Arkansas Council Foundation?
Northwest Arkansas Council Foundation's revenue in 2022 was $14,963,344.
Who are the executives of Northwest Arkansas Council Foundation and what are their salaries?
There 50 volunteers at Northwest Arkansas Council Foundation.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $418,050
- Other: $29,155
- Compensation: $0
- Related: $250,481
- Other: $17,253
- Compensation: $0
- Related: $154,600
- Other: $13,418
- Compensation: $0
- Related: $463,822
- Other: $19,434
- Compensation: $0
- Related: $163,750
- Other: $6,653
Where can I find the form 990 for Northwest Arkansas Council Foundation?
Northwest Arkansas Council Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northwest Arkansas Council Foundation
The Northwest Arkansas Council Foundation serves as a crucial support system for the Northwest Arkansas Council, a Section 501(C)(6) organization. Established with the primary objective of enhancing the Northwest Arkansas Council's mission, the foundation aims to uplift the living conditions of the residents in the region.
The Northwest Arkansas Council Foundation is an essential partner to the Northwest Arkansas Council, which strives for the betterment of the community in Northwest Arkansas. By providing unwavering support, the foundation plays a significant role in helping the council achieve its goal of improving the living conditions for local residents.
The Northwest Arkansas Council, founded as a section 501(C)(6) organization, has set its sights on enhancing the living standards of the people in Northwest Arkansas. The Northwest Arkansas Council Foundation, with its mission aligned, is dedicated to aiding the council in its pursuit. Through their collaborative efforts, they strive to create a positive impact on the lives of the residents in the Northwest Arkansas community.
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Impact
October, 2024
The Northwest Arkansas Council Foundation plays a vital role in enhancing the quality of life for residents in the region. By supporting the Northwest Arkansas Council, the Foundation contributes to initiatives aimed at improving living conditions, fostering community development, and addressing local challenges. Through collaborative efforts, it helps to create a more vibrant, sustainable environment for individuals and families, ultimately driving positive change across Northwest Arkansas. This commitment to community improvement reflects a dedication to empowering residents and building a brighter future for the region.
This information is meant to be a general summary of Northwest Arkansas Council 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 2022.
- Investment Income: $17,450
- Gross Receipts: $14,963,344
Assets and Liabilities:
- Total Assets: $9,797,939
- Total Liabilities: $1,275,794
- Net Assets: $8,522,145
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Organization Details
Founding Year
2012
Phone
(479) 582-2100Principal Officer
Mike Harvey
Main Address
4100 CORPORATE CENTER DRIVE STE 205, SPRINGDALE, AR, 72762
NTEE Category
Code: S20 - Community improvement
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