Overview
What is Steve Stricker American Family Insurance Foundation Inc?
Steve Stricker American Family Insurance Foundation Inc is a nonprofit organization located in Madison, Wisconsin. Their primary focus is on supporting charities, educational initiatives, and organizations that aim to strengthen families and promote the well-being of children. By providing resources and opportunities, they empower young individuals to pursue and achieve their dreams. The foundation's mission is to keep the American Dream alive, inspiring young people to believe in the attainability and worthiness of their aspirations.
What are the reviews and ratings of this charity?
**: 0 Stars (Charity Navigator Rating 35%)**35%)**
The Steve Stricker American Family Insurance Foundation Inc has received a zero-star rating from Charity Navigator, indicating significant concerns primarily in its Accountability & Finance aspects. The organization demonstrates strengths in maintaining an entirely independent board, achieving full points in that category, and lists policies related to conflict of interest and whistleblower protections. However, substantial deficiencies arise from the lack of financial transparency and poor ratios across program expenses, fundraising efficiency, and working capital, which greatly impact its overall score.
Key weaknesses include a minuscule program expense ratio of under 37%, which suggests that a limited percentage of its revenue goes toward programs directly related to its mission. Additionally, the absence of key financial information on its website, such as Form 990, raises further concerns about transparency and public access to vital operational details. Overall, these factors contribute to a perception that the foundation needs significant improvement in managing its finances and showing the impact of its activities.
User reviews from GreatNonprofits were not available, indicating a lack of direct feedback from the public community on this organization. Thus, potential donors and supporters are encouraged to consider the highlighted accountability issues when evaluating the foundation’s efficacy and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Steve Stricker American Family Insurance Foundation Inc legitimate?
Steve Stricker American Family Insurance Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steve Stricker American Family Insurance 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: $507,045
For more financial information, click here
What is the mission statement of Steve Stricker American Family Insurance Foundation Inc?
The Steve Stricker American Family Insurance Foundation's mission is centered around supporting charities, educational initiatives, and organizations that work towards strengthening families and promoting the health of children. Their goal is to inspire young people, encouraging them to believe in the attainability and worthiness of their dreams. The foundation's activities aim to empower these individuals, providing them with the tools and resources needed to pursue and achieve their goals.
Who is the CEO of Steve Stricker American Family Insurance Foundation Inc?
Steven C Stricker is the Director, Ch of Steve Stricker American Family Insurance Foundation Inc.
What is the revenue of Steve Stricker American Family Insurance Foundation Inc?
Steve Stricker American Family Insurance Foundation Inc's revenue in 2022 was $9,078,534.
Who are the executives of Steve Stricker American Family Insurance Foundation Inc and what are their salaries?
There 950 volunteers at Steve Stricker American Family Insurance Foundation Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Steve Stricker American Family Insurance Foundation Inc?
Steve Stricker American Family Insurance Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Steve Stricker American Family Insurance Foundation Inc
The Steve Stricker American Family Insurance Foundation is committed to supporting charities, educational initiatives, and organizations that strive to foster strong families and promote the health of children. Their mission is to keep the American Dream alive by showing young people that their aspirations are not only achievable but worth pursuing. The foundation aims to empower these individuals by backing charities, educational programs, and organizations that work towards building resilient families and nurturing healthy kids. By doing so, the Steve Stricker American Family Insurance Foundation encourages these young people to chase and ultimately achieve their dreams.
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Impact
July, 2024
Steve Stricker American Family Insurance Foundation Inc's impact can be seen in its support for charities, educational initiatives, and organizations aimed at building strong families and healthy kids. By empowering children and families to chase and achieve their dreams, the foundation is contributing to the realization of the American Dream for many individuals. Through its philanthropic efforts, the foundation is actively working to show young people that their dreams are not only attainable but worth the effort. Located in Madison, WI, the foundation is dedicated to making a positive impact on the lives of those it serves.
This information is meant to be a general summary of Steve Stricker American Family Insurance 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: $121,343
- Gross Receipts: $16,259,232
Assets and Liabilities:
- Total Assets: $6,221,162
- Total Liabilities: $376,191
- Net Assets: $5,844,971
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Organization Details
Founding Year
2012
Phone
(608) 249-2111Principal Officer
Steven C Stricker
Main Address
PO BOX 8278, MADISON, WI, 53708
NTEE Category
Code: T30 - Philanthropy
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