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Jumby Bay Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 465409256 ✦ Camden, ME ✦ Designated as a 501(c)(3)

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Overview

What is Jumby Bay Fund Inc?

Jumby Bay Fund Inc, based in Camden, Maine, is a nonprofit organization committed to supporting charitable works and projects. Their mission is to identify and address the needs of the Antiguan community, focusing on conservation, community development, and education. As per their charter, they provide assistance to benefit the Antiguan community in various ways, ensuring these vital sectors receive the required support.


Official website here: www.jumbybayfund.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

Jumby Bay Fund Inc has received a Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The charity scores 79% overall, with its score derived entirely from its Accountability & Finance metrics. The organization performs well in areas such as board independence and the management of assets, contributing to its positive evaluation.

Strengths of Jumby Bay Fund Inc include having a fully independent board and a strong program expense ratio of 99.74%, indicating a commitment to its mission through effective allocation of resources. Additionally, the organization has demonstrated responsible financial practices with a low liabilities to assets ratio of 8.57%, showing stability and reduced risk.

However, the rating also highlights some limitations, particularly the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which could affect transparency. While the organization excels in financial stewardship, addressing these governance issues may enhance its overall accountability and trustworthiness in the eyes of potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Jumby Bay Fund Inc legitimate?

Jumby Bay Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jumby Bay Fund 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


Official website here: www.jumbybayfund.com

What is the mission statement of Jumby Bay Fund Inc?

Jumby Bay Fund Inc is committed to supporting charitable works and projects within its charter, primarily focusing on community, conservation, and education needs in Antigua. Their mission is to identify these needs and provide assistance to benefit the local community. By doing so, they aim to contribute positively to the area, ensuring that necessary resources are available for various initiatives. Their activities are geared towards enhancing the well-being of the community and preserving the environment, while also promoting education and knowledge.


Official website here: www.jumbybayfund.com

Who is the CEO of Jumby Bay Fund Inc?

Wayne Kafcsak is the Director of Jumby Bay Fund Inc.


Official website here: www.jumbybayfund.com

What is the revenue of Jumby Bay Fund Inc?

Jumby Bay Fund Inc's revenue in 2022 was $481,182.


Official website here: www.jumbybayfund.com

Who are the executives of Jumby Bay Fund Inc and what are their salaries?

There 8 volunteers at Jumby Bay Fund Inc.


Here are 5 key members and their salaries:


Wayne Kafcsak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Terry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Morgan (Trustee Advi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Franklin (Trustee Advi)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jumbybayfund.com

Where can I find the form 990 for Jumby Bay Fund Inc?

Jumby Bay Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jumbybayfund.com

Learn more at the official website: www.jumbybayfund.com

Mission Statement of Jumby Bay Fund Inc

Jumby Bay Fund Inc, a nonprofit organization, is dedicated to supporting charitable works and projects within its charter in Antigua. Their mission is twofold: firstly, they aim to identify and address the needs of the community, conservation, and education in Antigua. Secondly, they strive to provide assistance to benefit the Antiguan community as a whole. Through their efforts, Jumby Bay Fund Inc focuses on supporting conservation initiatives, community projects, and education, all with the goal of making a positive impact on the lives of those in Antigua.

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Impact




July, 2024

The impact of Jumby Bay Fund Inc can be seen through its support of conservation, community projects, and education needs in Antigua. By providing assistance to benefit the Antiguan community, the organization plays a crucial role in identifying and addressing the needs of the local population. Through its charitable works and projects, Jumby Bay Fund Inc contributes to the sustainable development and well-being of Antigua, making a positive difference in the lives of the people and the environment in the region.




This information is meant to be a general summary of Jumby Bay Fund 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.

Revenue
$481,182 (2022)
Expenses
$28,080 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,682
  • Gross Receipts: $481,182

Assets and Liabilities:

  • Total Assets: $1,945,117
  • Total Liabilities: $166,891
  • Net Assets: $1,778,226

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Organization Details

Founding Year

2014

Principal Officer

Wayne Kafcsak

Main Address

87 ELM STREET SUITE 104-C, CAMDEN, ME, 04843

NTEE Category

Code: Q33 - International

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