Overview
What is Chris Hammond Youth Foundation Inc?
Chris Hammond Youth Foundation Inc is a nonprofit organization based in Wedowee, Alabama. Their primary mission is to offer financial aid for recreational facilities in rural areas and maintain an athletic facility that is accessible to all, disregarding race or ethnic background. Specifically, they operate and maintain ball fields and a concession stand, making these resources available to the rural Alabama community for their use and enjoyment. The foundation's goal is to foster community spirit and provide recreational opportunities in these under-served areas, promoting unity and equality among its users.
Official website here: www.hammondfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating
The Chris Hammond Youth Foundation Inc has received a low rating of 57%, indicating significant areas for improvement in its accountability and financial practices. While the organization scores well in areas such as having a fully independent board and no material diversion of assets, it falls short in critical governance policies. The absence of a conflict of interest policy, whistleblower policy, and documentation of board meeting minutes suggests weaknesses in transparency and oversight.
Despite the organization's relatively high program expense ratio of 69.53%, which signifies a commitment to its mission-driven programs, the liabilities to assets ratio is concerning at 238.56%. This suggests potential financial instability, which could impact the foundation's ability to sustain its programs and initiatives over time.
Overall, while the foundation demonstrates some strengths in governance structure, its lack of essential policies and financial issues raises questions about its operational effectiveness and accountability to stakeholders. Addressing these limitations will be crucial for improving its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Chris Hammond Youth Foundation Inc legitimate?
Chris Hammond Youth Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chris Hammond Youth 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
Official website here: www.hammondfoundation.org
What is the mission statement of Chris Hammond Youth Foundation Inc?
The Chris Hammond Youth Foundation Inc's mission is centered around providing financial aid for recreational facilities in rural Alabama and maintaining an athletic facility that is accessible to all, irrespective of race or ethnic background. The foundation operates and maintains ballfields and concession stands in rural Alabama, making these resources available for community use. Its primary goal is to promote unity and equality through sports and recreation, fostering a sense of camaraderie and shared experiences among individuals from diverse backgrounds.
Official website here: www.hammondfoundation.org
Who is the CEO of Chris Hammond Youth Foundation Inc?
Chris Hammond is the President of Chris Hammond Youth Foundation Inc.
Official website here: www.hammondfoundation.org
What is the revenue of Chris Hammond Youth Foundation Inc?
Chris Hammond Youth Foundation Inc's revenue in 2022 was $70,769.
Official website here: www.hammondfoundation.org
Who are the executives of Chris Hammond Youth Foundation Inc and what are their salaries?
Here are 7 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hammondfoundation.org
Where can I find the form 990 for Chris Hammond Youth Foundation Inc?
Chris Hammond Youth Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hammondfoundation.org
Learn more at the official website: www.hammondfoundation.org
Mission Statement of Chris Hammond Youth Foundation Inc
The Chris Hammond Youth Foundation Inc is committed to providing financial aid for recreational facilities in rural Alabama. Their mission is to maintain an athletic facility in these rural areas, ensuring it is accessible to all individuals, regardless of their race or ethnic background. The foundation operates and maintains ball fields and concession stands, making these facilities available for the use of the community in rural Alabama. By doing so, the Chris Hammond Youth Foundation Inc promotes unity and equal opportunity for recreational activities, fostering a sense of community and togetherness.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Chris Hammond Youth Foundation Inc's impact lies in providing financial assistance for recreational facilities in rural Alabama and maintaining an athletic facility for community use, regardless of race or ethnic background. By operating and upholding ball fields and concession stands that are available for all in rural Alabama, the foundation promotes inclusivity and access to sports and recreational activities. This not only fosters youth development but also enhances community engagement and unity by offering a space for recreational pursuits.
This information is meant to be a general summary of Chris Hammond Youth 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: $70,769
Assets and Liabilities:
- Total Assets: $269,308
- Total Liabilities: $642,482
- Net Assets: -$373,174
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2002
Principal Officer
Chris Hammond
Main Address
PO BOX 611, WEDOWEE, AL, 36278
Website
www.hammondfoundation.orgNTEE Category
Code: O50 - Youth development
If you are a representative of Chris Hammond Youth Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.