Overview
What is Nick's Kids Foundation Inc?
Nick's Kids Foundation Inc, a 501(c)(3) nonprofit based in Tuscaloosa, Alabama (1530 Crown Pointe Blvd), is dedicated to raising awareness and generating resources for deserving organizations within Alabama and the Southeastern region. The foundation, supported by Nick and Terry Saban, actively engages in hosting various events such as luncheons, golf tournaments, scrimmages, and other activities. This endeavor aims to support causes related to children, families, teachers, and students. The foundation's most notable event is the annual Fall Giveaway Luncheon, which serves to distribute grants to these causes.
Official website here: www.nickskidsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)
Nick's Kids Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall accountability and financial practices. The overall score of 69% reflects strong points in certain areas, such as having a fully independent board and a high program expense ratio of 85.91%. This suggests that a significant portion of their expenditures is directed towards their programs rather than administrative costs, which is a positive aspect.
However, the foundation faces notable limitations in its accountability frameworks. Critical policies like conflict of interest and whistleblower protections are missing, which raises concerns about transparency and governance. Furthermore, the lack of financial statements and the omission of the tax form on their website detract from their accountability score, earning them a 0 out of 15 points in financial statements and 0 out of 4 points for the tax form availability.
Overall, while Nick's Kids Foundation Inc demonstrates commitment through its independent governance and program spending, the gaps in essential policies and financial transparency suggest that there is significant room for improvement in building trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Nick's Kids Foundation Inc?
96% of 64 reviewers on Facebook recommend Nick's Kids Foundation Inc. Here is a summary of their reviews: Many individuals express strong appreciation for the foundation’s commitment to supporting children. The positive sentiment highlights the impactful programs and initiatives that are making a real difference in kids' lives.
Supporters commend the organization for its dedication and the positive outcomes it creates for youth in need. The overall tone of the reviews suggests that the nonprofit has effectively delivered on its mission, leaving many feeling hopeful and grateful for the services provided.
Overall, participants feel a strong sense of community and purpose around the foundation's efforts, making it a highly regarded choice among those looking to support children's welfare.
This AI summary has been generated from reviews found on Facebook.
Is Nick's Kids Foundation Inc legitimate?
Nick's Kids Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nick's Kids 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.nickskidsfoundation.org
What is the mission statement of Nick's Kids Foundation Inc?
The Nick's Kids Foundation Inc, a 501(c)(3) non-profit organization, is committed to raising awareness and gathering resources for deserving causes across various sectors. Acting as the charitable arm of the Nick Saban family, the foundation invests time in organizing events such as luncheons, golf tournaments, scrimmages, and other activities to support their cause. They are also involved in the annual Fall Giveaway Luncheon, which is designed to distribute grants to aid children, families, teachers, and students. The mission of Nick's Kids Foundation Inc is to contribute to various sectors, providing support and resources to those in need.
Official website here: www.nickskidsfoundation.org
Who is the CEO of Nick's Kids Foundation Inc?
Terry L Saban is the Executive Board Member of Nick's Kids Foundation Inc.
Official website here: www.nickskidsfoundation.org
What is the revenue of Nick's Kids Foundation Inc?
Nick's Kids Foundation Inc's revenue in 2022 was $1,824,970.
Official website here: www.nickskidsfoundation.org
Who are the executives of Nick's Kids Foundation Inc and what are their salaries?
There 20 volunteers at Nick's Kids Foundation Inc.
Here are 9 key members and their salaries:
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- Compensation: $12,000
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- Compensation: $10,500
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Official website here: www.nickskidsfoundation.org
Where can I find the form 990 for Nick's Kids Foundation Inc?
Nick's Kids Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nickskidsfoundation.org
Learn more at the official website: www.nickskidsfoundation.org
Mission Statement of Nick's Kids Foundation Inc
Nick's Kids Foundation Inc is a 501(c)(3) non-profit organization that is committed to raising awareness and resources for deserving organizations across the state of Alabama and the southeastern region. As the official charity of the Nick Saban family, this organization invests their time in hosting various events such as luncheons, golf tournaments, scrimmages, and other functions to support their cause. The foundation is particularly active in the annual Fall Giveaway Luncheon, an initiative designed to distribute grants to causes that benefit children, families, teachers, and students. By hosting these events and distributing funds, Nick's Kids Foundation Inc aims to make a significant impact in the lives of those in need.
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Impact
July, 2024
Nick's Kids Foundation Inc's impact includes raising awareness and resources for deserving organizations throughout the state of Alabama and the Southeast. Through hosting luncheons, golf tournaments, scrimmages, and other events, the foundation supports causes related to children, families, teachers, and students. The annual Fall Giveaway Luncheon serves to distribute grants to further these causes and make a positive difference in the community. The foundation's work, spearheaded by Nick and Terry Saban, showcases their dedication to philanthropy and making a lasting impact on those in need.
This information is meant to be a general summary of Nick's Kids 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: $70,736
- Gross Receipts: $2,487,873
Assets and Liabilities:
- Total Assets: $2,524,708
- Total Liabilities: $7,741
- Net Assets: $2,516,967
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Organization Details
Founding Year
2014
Phone
(205) 366-8773Principal Officer
Terry L Saban
Main Address
1530 CROWN POINTE BLVD, TUSCALOOSA, AL, 35406
Website
www.nickskidsfoundation.orgNTEE Category
Code: T30 - Philanthropy
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