Overview
What is Atwood Second Century Development Fund Inc?
Atwood Second Century Development Fund Inc is a nonprofit organization situated in Atwood, Kansas. Their primary mission is to bolster the community by offering financial assistance to local organizations and investing in the upkeep and enhancement of public facilities. By doing so, they aim to foster economic growth and community development within Atwood and its surrounding areas. The organization grants funds to diverse community groups and works towards improving and preserving public facilities, thereby contributing to the overall betterment of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Atwood Second Century Development Fund Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid overall performance in terms of accountability and finance. The score indicates a strong commitment to transparency and effective management of resources, which is crucial for donor trust and organizational integrity.
The charity's board is fully composed of independent members, demonstrating a commitment to good governance. With a 100% score in this area, it also showcases rigorous oversight of operations, with no material diversion of assets reported. The organization maintains a conflict of interest policy and documents board meeting minutes, contributing to its high accountability ratings.
On the financial front, the charity exhibits a robust program expense ratio of 90.72%, indicating that a significant portion of its funds is directed toward its mission-related activities. Additionally, a favorable liabilities to assets ratio of 0.00% suggests a strong financial position, although the overall rating is primarily based on a single beacon score, which may limit a more nuanced understanding of its overall impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Atwood Second Century Development Fund Inc legitimate?
Atwood Second Century Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atwood Second Century Development Fund 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Atwood Second Century Development Fund Inc?
The Atwood Second Century Development Fund Inc's mission is centered around promoting the well-being of a specific community. They achieve this by offering grants to various community groups and contributing to the improvement and upkeep of public facilities. This initiative is aimed at fostering economic development and enhancing the overall community atmosphere. The organization's activities primarily focus on supporting local groups and improving public facilities, thereby contributing to the community's growth and development.
Who is the CEO of Atwood Second Century Development Fund Inc?
Charles A Peckham is the Board Member of Atwood Second Century Development Fund Inc.
What is the revenue of Atwood Second Century Development Fund Inc?
Atwood Second Century Development Fund Inc's revenue in 2022 was $60,192.
Who are the executives of Atwood Second Century Development Fund Inc and what are their salaries?
There 12 volunteers at Atwood Second Century Development Fund Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Atwood Second Century Development Fund Inc?
Atwood Second Century Development Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Atwood Second Century Development Fund Inc
Atwood Second Century Development Fund Inc, as a nonprofit organization, is committed to promoting the well-being of its surrounding community. Its mission is twofold: firstly, it provides financial assistance to various community groups, and secondly, it works towards improving and maintaining public facilities. This dual approach is designed to foster economic growth and enhance the overall development of the community. By supporting local organizations and investing in public facilities, Atwood Second Century Development Fund Inc aims to contribute to a thriving and sustainable community.
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Impact
August, 2024
Atwood Second Century Development Fund Inc has a significant impact on the community of Atwood, Kansas, and its surrounding area. The organization provides crucial support for community organizations, maintains public facilities, and promotes economic and community development through grants. By investing in various community groups and infrastructure projects, Atwood Second Century Development Fund Inc plays a pivotal role in enhancing the overall well-being and prosperity of the Atwood community. Their efforts contribute to the growth and sustainability of the area, fostering a sense of unity and progress among residents and stakeholders.
This information is meant to be a general summary of Atwood Second Century Development Fund 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: $36,371
- Gross Receipts: $68,681
Assets and Liabilities:
- Total Assets: $2,334,361
- Total Liabilities: $0
- Net Assets: $2,334,361
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Organization Details
Founding Year
1980
Principal Officer
Charles A Peckham
Main Address
PO Box 46, Atwood, KS, 67730
NTEE Category
Code: S31I - Community improvement
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