Overview
What is The Sather Foundation Inc?
The Sather Foundation Inc, located in Oswego, Illinois, is a dedicated nonprofit organization. Their mission lies in educating the public on subjects that are beneficial to both the individual and the community. Furthermore, they extend their commitment to providing relief to those who are economically disadvantaged, distressed, or underprivileged. By offering these educational resources and relief services, The Sather Foundation Inc aims to contribute positively to society as a whole.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Sather Foundation Inc has demonstrated strong accountability and financial practices, particularly in areas such as board independence and the absence of asset diversion. Their program expense ratio is high at 91.86%, indicating a significant portion of their funds is directed towards their programs.
However, the foundation has limitations that affect its overall rating. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which contributed to lower scores in the governance and transparency category. Additionally, the foundation has not posted its tax form on its website, further impacting transparency.
Overall, while The Sather Foundation Inc showcases robust financial health and strong governance in certain areas, addressing its deficiencies in policy formulation and transparency could enhance its credibility and rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Sather Foundation Inc legitimate?
The Sather Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sather 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
For more financial information, click here
What is the mission statement of The Sather Foundation Inc?
The Sather Foundation Inc's mission is centered around two key objectives. Firstly, it aims to educate the public on topics that are beneficial to individuals and contribute positively to the community. Secondly, it extends its reach to assist those in need, including the poor, distressed, and underprivileged, providing them with relief. In essence, the foundation seeks to enrich individuals' lives through education and offer support to those facing hardships.
Who is the CEO of The Sather Foundation Inc?
Justin Sather is the President of The Sather Foundation Inc.
What is the revenue of The Sather Foundation Inc?
The Sather Foundation Inc's revenue in 2022 was $27,755.
Who are the executives of The Sather Foundation Inc 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
Where can I find the form 990 for The Sather Foundation Inc?
The Sather Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Sather Foundation Inc
The Sather Foundation Inc is committed to enlightening the public on topics that are advantageous to individuals and advantageous to the community at large. Beyond education, the organization also extends aid to the underprivileged, distressed, and poor individuals in society. In essence, The Sather Foundation Inc's mission is to contribute to the betterment of society by disseminating valuable knowledge and providing relief to those in need.
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Impact
August, 2024
The Sather Foundation Inc is making a significant impact by educating the public on subjects that are beneficial to individuals and the community. Additionally, they are providing crucial relief to those who are poor, distressed, and underprivileged. Through their mission, The Sather Foundation Inc is actively working to empower individuals with knowledge and support those in need, ultimately contributing to the betterment of society. Their dedication to human services is a testament to their commitment to creating positive change and improving the lives of those they serve.
This information is meant to be a general summary of The Sather 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.
- Gross Receipts: $49,151
Assets and Liabilities:
- Total Assets: $4,272
- Total Liabilities: $0
- Net Assets: $4,272
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Organization Details
Founding Year
2013
Phone
(630) 479-5848Principal Officer
Justin Sather
Main Address
804 BARTON DRIVE, OSWEGO, IL, 60543
NTEE Category
Code: P12 - Human services
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