Overview
What is Mavericks Community Foundation?
The Mavericks Community Foundation, located in El Granada, California, serves as a supportive entity for local nonprofits situated on the San Mateo County coastside. Their primary goal is to foster community growth through the development and implementation of programs that encourage community development, educational opportunities, and environmental stewardship. This nonprofit organization plays a significant role in strengthening their community by providing assistance to various sectors, including arts, education, environment, health and human services, youth development, and social advocacy.
Official website here: www.maverickscommunityfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Star rating. The Mavericks Community Foundation received a low rating primarily due to its Accountability & Finance score of 54, indicating potential issues in financial oversight and transparency. Although its Program Expense Ratio is notably high at 96.70%, suggesting that a significant portion of its funds goes directly towards programs, the absence of key financial policies and the lack of independent board members raise concerns about governance.
Strengths of the organization include a strong Culture & Community score of 83 and impressive performance in constituent feedback and feedback collection, both rated at 100. This indicates that the foundation effectively engages with its community and values input from its constituents. Additionally, its liability to assets ratio is very low at 0.07%, which reflects a stable financial position.
However, the organization faces challenges related to its governance practices, as it lacks essential policies such as conflict of interest and whistleblower protections. The majority of the board members are not independent, with only 33% independent representation, which could hinder objective decision-making. Overall, while the Mavericks Community Foundation shows promise in program expenditure and community engagement, significant improvements are needed in governance and financial transparency to enhance its credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Mavericks Community Foundation legitimate?
Mavericks Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mavericks Community 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
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Official website here: www.maverickscommunityfoundation.com
What is the mission statement of Mavericks Community Foundation?
The Mavericks Community Foundation's mission is to strengthen their community by providing support to local nonprofit organizations in various sectors. These sectors include arts, education, environment, health and human services, youth development, and social advocacy. Their primary objective is to develop and implement programs that promote community development, educational opportunities, and environmental stewardship on the San Mateo County coastside. The foundation serves as a crucial supporter for these nonprofits, aiming to contribute positively to various aspects of their community.
Official website here: www.maverickscommunityfoundation.com
Who is the CEO of Mavericks Community Foundation?
Kelley Hoffman- Davis is the Treasurer of Mavericks Community Foundation.
Official website here: www.maverickscommunityfoundation.com
What is the revenue of Mavericks Community Foundation?
Mavericks Community Foundation's revenue in 2022 was $1,139,804.
Official website here: www.maverickscommunityfoundation.com
Who are the executives of Mavericks Community Foundation and what are their salaries?
Here are 6 key members and their salaries:
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- Compensation: $9,750
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Official website here: www.maverickscommunityfoundation.com
Where can I find the form 990 for Mavericks Community Foundation?
Mavericks Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maverickscommunityfoundation.com
Learn more at the official website: www.maverickscommunityfoundation.com
Mission Statement of Mavericks Community Foundation
The Mavericks Community Foundation is committed to enhancing its community by funding local nonprofit organizations that focus on various sectors. These areas include arts, education, environmental stewardship, health and human services, youth development, and social advocacy. The foundation's mission is to bolster the strength of the community by providing financial support to these nonprofit entities, thereby enabling them to execute their programs effectively. By doing so, the Mavericks Community Foundation aims to contribute to the betterment of its community as a whole. The foundation's primary goal is to support the noble endeavors of these nonprofits, thereby ensuring that they can continue to make a positive impact in their respective fields.
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Impact
July, 2024
Mavericks Community Foundation's impact is focused on developing and implementing programs that promote community development, educational opportunities, and environmental stewardship on the San Mateo County Coastside. With a mission to strengthen the community by supporting local entities in arts, education, environment, health & human services, youth development, and social advocacy, Mavericks Community Foundation plays a crucial role in fostering a vibrant and sustainable ecosystem for residents and organizations in El Granada, CA.
This information is meant to be a general summary of Mavericks Community 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: $6
- Program Service Revenue: $851,898
- Gross Receipts: $1,139,804
Assets and Liabilities:
- Total Assets: $307,107
- Total Liabilities: $232
- Net Assets: $306,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY EVENTS
Revenue
$851,898
Organization Details
Founding Year
2015
Phone
(415) 577-1757Principal Officer
Kelley Hoffman- Davis
Main Address
PO BOX 874, EL GRANADA, CA, 94018
NTEE Category
Code: B99 - Education
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