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Batesville Downtown Foundation Inc

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

EIN: 471436462 ✦ Batesville, AR ✦ Designated as a 501(c)(3)

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Overview

What is Batesville Downtown Foundation Inc?

Batesville Downtown Foundation Inc is a nonprofit organization situated in Batesville, Arkansas. Their primary mission is to collect funds, which are then utilized for diverse projects aimed at improving Historic Downtown Batesville for the benefit of Independence County. The organization serves as a vital funding mechanism, aiming to enhance the historical district in the area. Their activities are centered around uplifting the downtown sector, contributing positively to the local community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating indicates that the Batesville Downtown Foundation Inc has met basic standards for accountability and finance, but there is room for improvement in its operations and overall transparency.

The organization demonstrates strong accountability and governance, evidenced by a fully independent board and no material diversion of assets. It also maintains excellent financial health, with a program expense ratio of 96.55%, suggesting that the majority of its funds are directed toward its programs and mission.

However, the overall score is solely based on the Accountability & Finance beacon, which may limit a comprehensive assessment of the foundation's effectiveness and impact. While the foundation excels in specific financial metrics, potential donors and stakeholders should consider the need for additional information on program outcomes and organizational activities.


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

Is Batesville Downtown Foundation Inc legitimate?

Batesville Downtown Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Batesville Downtown 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 Batesville Downtown Foundation Inc?

The Batesville Downtown Foundation Inc's mission is to serve as a funding resource, aiming to enhance the historic downtown area. This is accomplished by accumulating funds, which are subsequently utilized in various projects designed to improve the downtown sector. The primary objective is to contribute positively to the well-being of the community in Independence County, Arkansas. The foundation's activities are focused on uplifting the historic downtown area, thereby enhancing its overall appeal and value.

Who is the CEO of Batesville Downtown Foundation Inc?

Robert Carius is the Director of Batesville Downtown Foundation Inc.

What is the revenue of Batesville Downtown Foundation Inc?

Batesville Downtown Foundation Inc's revenue in 2022 was $56,128.

Who are the executives of Batesville Downtown Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Robb Roberts (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ned Metcalf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Landon Downing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Conduitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Hinkle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renae Long (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Carius (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Batesville Downtown Foundation Inc?

Batesville Downtown Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Batesville Downtown Foundation Inc

The Batesville Downtown Foundation Inc is committed to serving a crucial role in enhancing the Historic Downtown area of Batesville. Their mission, in simple terms, is to function as a financial resource, accumulating funds that will be utilized in various projects aimed at improving the Historic Downtown area for the benefit of Independence County, Arkansas. This organization's primary objective is to contribute to the overall improvement and revitalization of the downtown area, thereby adding value to the community as a whole.

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Impact




August, 2024

Batesville Downtown Foundation Inc has a significant impact on enhancing Historic Downtown Batesville in Independence County, Arkansas. The organization accumulates funds and implements various projects aimed at improving the infrastructure and cultural offerings of the city. Through their efforts, they contribute to the overall well-being and vibrancy of Batesville, making it a more attractive and engaging place for residents and visitors alike.




This information is meant to be a general summary of Batesville Downtown 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.

Revenue
$56,128 (2022)
Expenses
$33,967 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $23,932
  • Gross Receipts: $115,992

Assets and Liabilities:

  • Total Assets: $1,030,119
  • Total Liabilities: $59,639
  • Net Assets: $970,480

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Organization Details

Founding Year

2014

Principal Officer

Robert Carius

Main Address

PO Box 3967, Batesville, AR, 725033967

NTEE Category

Code: A80 - Arts

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