Overview
What is Friends Of The Greater Ravalli County Foundation?
Friends of the Greater Ravalli County Foundation is a nonprofit organization situated in Hamilton, Montana. Their primary mission is to support and serve the purposes of the Stock Farm Greater Ravalli Foundation, a 509(a)(1) organization. One of their significant contributions to this cause involves offering college scholarships to financially struggling youth residing in Ravalli County, Montana. The foundation's activities are geared towards advancing the objectives of its parent organization and improving the lives of local youth through educational opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Friends Of The Greater Ravalli County Foundation has received a solid Three-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The overall score is derived entirely from its accountability metrics, which are impressive, showcasing a commitment to transparency and responsible financial management.
The organization excels in various areas, including having a fully independent board with all members meeting the criteria for independence. It also achieves a perfect score for its conflict of interest policy and demonstrates prudent asset management with a liabilities to assets ratio of 0.00%, indicating no significant financial risks. Furthermore, the program expense ratio of 71.97% suggests that a substantial portion of its finances is allocated towards its mission-oriented programs.
While the rating highlights numerous strengths, it is crucial for potential donors to consider that the score is based solely on financial metrics and does not encompass other aspects such as impact or effectiveness in the community. Overall, the foundation appears to be a reliable nonprofit with solid governance practices, making it a reputable option for donations.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Greater Ravalli County Foundation legitimate?
Friends Of The Greater Ravalli County Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Greater Ravalli County Foundation 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 Friends Of The Greater Ravalli County Foundation?
The Friends of the Greater Ravalli County Foundation exists with the primary goal of supporting and fulfilling the objectives of the Stock Farm Greater Ravalli Foundation, a 509(a)(1) organization. Their mission includes providing financial aid in the form of college scholarships for financially disadvantaged youth residing in Ravalli County, Montana. The foundation, while not disclosed in the information, is presumably situated in Hamilton, MT, and focuses its efforts on benefiting its supporting organization.
Who is the CEO of Friends Of The Greater Ravalli County Foundation?
James A Cote is the Director of Friends Of The Greater Ravalli County Foundation.
What is the revenue of Friends Of The Greater Ravalli County Foundation?
Friends Of The Greater Ravalli County Foundation's revenue in 2022 was $16,211.
Who are the executives of Friends Of The Greater Ravalli County Foundation and what are their salaries?
There 3 volunteers at Friends Of The Greater Ravalli County Foundation.
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 Friends Of The Greater Ravalli County Foundation?
Friends Of The Greater Ravalli County Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of The Greater Ravalli County Foundation
The Friends of the Greater Ravalli County Foundation is a selfless organization that operates exclusively for the benefit of and performs the functions of the Stock Farm Greater Ravalli Foundation, a Section 509(a)(1) organization. Its primary mission is to support its parent organization by providing college scholarships for financially disadvantaged youth residing in Ravalli County, Montana. By doing so, the Friends of the Greater Ravalli County Foundation contributes to the broader goal of its supporting organization and aids local students in pursuing higher education. This commitment to education and support for the community underscores the Friends of the Greater Ravalli County Foundation's role as a vital contributor to the region's future leaders.
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Impact
October, 2024
The Friends of the Greater Ravalli County Foundation significantly enhances educational opportunities for youth in Ravalli County, Montana. By providing college scholarships to students in need, they empower the next generation to pursue higher education, overcoming financial barriers that could hinder their academic aspirations. This initiative not only aids individual students but also contributes to the broader community by fostering a more educated populace. Located in Hamilton, MT, their focused efforts help ensure that local youth have access to vital resources that support their educational journeys and future success.
This information is meant to be a general summary of Friends Of The Greater Ravalli County Foundation. 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: $16,211
- Gross Receipts: $266,924
Assets and Liabilities:
- Total Assets: $7,517,619
- Total Liabilities: $0
- Net Assets: $7,517,619
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Organization Details
Founding Year
2014
Phone
(406) 375-0005Principal Officer
James A Cote
Main Address
PO BOX 1146, HAMILTON, MT, 59840
NTEE Category
Code: B11 - Education
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