Overview
What is Dane Buy Local Foundation Inc?
Dane Buy Local Foundation Inc, based in Madison, Wisconsin, is a nonprofit organization located at 2800 International Lane 110. Their primary mission is to advance the cause of Dane Buy Local, while also securing grants and contributions to support their activities. The foundation offers a grant program specifically designed to assist small businesses in Dane County that meet the program's eligibility requirements. This program aims to contribute positively to the local community and promote economic development within the region.
Official website here: www.danebuylocal.com/dane-buy-loca
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Dane Buy Local Foundation Inc has received a 76% rating from Charity Navigator, indicating a moderate level of accountability and finance management. This rating is derived solely from its Accountability & Finance score, which shows that the organization is effectively managing its assets, as evidenced by a 0.00% liabilities to assets ratio and an impressive 99.73% program expense ratio.
While the foundation has strengths, including an independent board and no material diversion of assets, there are notable weaknesses. The absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns regarding governance practices. Additionally, the foundation has not posted its Tax Form on its website, which could hinder transparency for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Dane Buy Local Foundation Inc?
100% of 10 reviewers on Facebook recommend the Dane Buy Local Foundation Inc. Here is a summary of their reviews:
The organization is praised for its strong commitment to supporting local businesses, which resonates well with the community. Reviewers express gratitude for the foundation's efforts and highlight the positive impact it has on sustaining and promoting local enterprises.
Overall, the sentiment is overwhelmingly positive, showcasing a community that appreciates the foundation's role in bolstering local commerce and fostering a sense of unity among businesses in the area.
This AI summary has been generated from reviews found on Facebook.
Is Dane Buy Local Foundation Inc legitimate?
Dane Buy Local Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dane Buy Local 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.danebuylocal.com/dane-buy-loca
What is the mission statement of Dane Buy Local Foundation Inc?
The Dane Buy Local Foundation Inc's mission is to advance its own objectives and receive grants and contributions. The primary goal of the foundation is to support this mission, benefiting the organization in question. To achieve this, they have implemented the Dane County Small Business Grant Program, which offers assistance to eligible small businesses in the area. This program aims to provide support to these businesses, contributing to their growth and success. Overall, the mission of the Dane Buy Local Foundation Inc is focused on promoting its objectives and securing financial support to further its cause.
Official website here: www.danebuylocal.com/dane-buy-loca
Who is the CEO of Dane Buy Local Foundation Inc?
Colin Murray is the Director of Dane Buy Local Foundation Inc.
Official website here: www.danebuylocal.com/dane-buy-loca
What is the revenue of Dane Buy Local Foundation Inc?
Dane Buy Local Foundation Inc's revenue in 2022 was $29,662.
Official website here: www.danebuylocal.com/dane-buy-loca
Who are the executives of Dane Buy Local Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.danebuylocal.com/dane-buy-loca
Where can I find the form 990 for Dane Buy Local Foundation Inc?
Dane Buy Local Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.danebuylocal.com/dane-buy-loca
Learn more at the official website: www.danebuylocal.com/dane-buy-loca
Mission Statement of Dane Buy Local Foundation Inc
Dane Buy Local Foundation Inc is an organization with a mission to advance its own objectives, primarily by securing grants and contributions. This mission aims to benefit the organization itself, with the ultimate goal of fostering growth and development within the local community. One of the ways Dane Buy Local Foundation Inc accomplishes this is through its Dane County Small Business Grant Program. This program provides support to small businesses in Dane County that meet the program's eligibility requirements, contributing to the economic vitality and prosperity of the area.
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Impact
August, 2024
Dane Buy Local Foundation Inc's impact is significant in advancing the mission of Dane Buy Local and supporting small businesses in Dane County. Through programs like the Dane County Small Business Grant Program, this organization offers crucial support to eligible small businesses, contributing to the economic health and vitality of the community. By receiving grants and contributions, Dane Buy Local Foundation Inc plays a key role in facilitating community improvement and benefiting local businesses.
This information is meant to be a general summary of Dane Buy Local 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: $29,662
Assets and Liabilities:
- Total Assets: $32,057
- Total Liabilities: $0
- Net Assets: $32,057
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Organization Details
Phone
(608) 729-7342Principal Officer
Colin Murray
Main Address
2801 INTERNATIONAL LANE 110, MADISON, WI, 53704
NTEE Category
Code: S41 - Community improvement
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