Overview
What is Morland Community Foundation Inc?
Morland Community Foundation Inc is a nonprofit organization situated in Morland, Kansas. With a team of six dedicated individuals, their primary objective is to promote the social welfare and improve the quality of life for the citizens of Morland. To achieve this, they have initiated a project aimed at creating an incubator/community kitchen and enhancing access to food resources within the community. This initiative is expected to contribute positively to the social fabric and overall well-being of the Morland community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Morland Community Foundation Inc has achieved a commendable rating of 94%, reflecting strong performance in accountability and finance. This high score is primarily influenced by the foundation's adherence to best practices, particularly in governance, where all board members are independent.
Strengths highlighted in the evaluation include a well-structured board with seven independent members and robust policies in place for conflict of interest, whistleblowing, and document retention. Additionally, the organization exhibits a healthy financial status with a low liabilities-to-assets ratio of 0.12%, indicating solid fiscal responsibility. The program expenses ratio of 79.77% demonstrates a strong commitment to utilizing funds effectively for its mission.
While the foundation shows no major limitations or issues in its operations, maintaining transparency and independent oversight will be crucial for ongoing success. Overall, Morland Community Foundation Inc is positioned as a reliable nonprofit, dedicated to its community's betterment.
This AI summary has been generated from information found on Charity Navigator.
Is Morland Community Foundation Inc legitimate?
Morland Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morland Community 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: $47,699
For more financial information, click here
What is the mission statement of Morland Community Foundation Inc?
The Morland Community Foundation Inc's mission is centered around improving the social welfare of the community and enhancing the quality of life for its citizens. In pursuit of this goal, they actively work towards promoting community development. One of their initiatives includes establishing an incubator and community kitchen, as well as facilitating an access to food program, aimed at addressing food-related issues within the community.
Who is the CEO of Morland Community Foundation Inc?
Lucas Goddard is the President of Morland Community Foundation Inc.
What is the revenue of Morland Community Foundation Inc?
Morland Community Foundation Inc's revenue in 2022 was $86,654.
Who are the executives of Morland Community Foundation Inc and what are their salaries?
The average compensation at Morland Community Foundation Inc during 2022 was $7,950. There are 6 employees and 8 volunteers at Morland Community Foundation Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Morland Community Foundation Inc?
Morland Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Morland Community Foundation Inc
Morland Community Foundation Inc, as a committed organization, is dedicated to improving the social welfare of its community and enhancing the quality of life for its citizens. By following this mission, the foundation aims to contribute positively to the well-being and overall development of its community members.
To achieve this goal, Morland Community Foundation Inc has initiated several projects. One of their notable endeavors is the creation of an incubator and community kitchen. This initiative serves as a platform for fostering entrepreneurship and providing access to nutritious food within the community, thereby promoting self-sufficiency and health among its residents. By offering this community kitchen, Morland Community Foundation Inc demonstrates its commitment to addressing both the economic and nutritional needs of its community.
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Impact
October, 2024
Morland Community Foundation Inc has a significant impact on the Morland community by promoting social welfare and enhancing the quality of life for its citizens. Through initiatives like the creation of an incubator/community kitchen and access to food programs, it addresses vital needs such as food security and entrepreneurial opportunities. By fostering a supportive environment, the foundation empowers individuals and families, encouraging community growth and resilience. Its efforts contribute to a healthier, more connected Morland, ultimately enriching the lives of its residents and paving the way for a brighter future.
This information is meant to be a general summary of Morland Community 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: $26
- Gross Receipts: $257,689
Assets and Liabilities:
- Total Assets: $757,715
- Total Liabilities: $1,570
- Net Assets: $756,145
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Organization Details
Founding Year
1994
Phone
(785) 627-3014Principal Officer
Lucas Goddard
Main Address
BOX 44 507 W MAIN, MORLAND, KS, 67650
NTEE Category
Code: T30Z - Philanthropy
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