Overview
What is Parsons Area Community Foundation?
The Parsons Area Community Foundation is a nonprofit organization dedicated to boosting charitable giving and bridging donors with community needs in the Parsons area. Their mission is to enhance the quality of life in the region, by offering leadership on pressing issues and providing funding to various charitable, civic, educational, and governmental organizations. The foundation's activities include supporting the Parsons recreation commission, among other initiatives. In essence, Parsons Area Community Foundation serves as a catalyst for positive change in the community, connecting generous donors with essential community projects.
Official website here: www.parsonsareacf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Parsons Area Community Foundation boasts a solid overall score of 83%, reflecting its strong accountability and finance practices. With a significant score of 90% in this area, the foundation demonstrates effective governance, including 100% independent board members and no material diversion of assets. This indicates a high level of transparency and responsibility in managing funds.
In terms of financial health, the foundation has a program expense ratio of 75.51%, which suggests that a substantial portion of its funding is directed towards its programs and services. The liabilities to assets ratio of 28.24% also shows that the organization maintains a healthy balance sheet. Additionally, it scores exceptionally well in culture and community aspects, achieving a perfect score, indicating a commitment to fostering a supportive environment.
The only limitation noted is that while the organization performs well in most areas, continuous improvement and efforts in outreach and community engagement could further enhance its effectiveness and reputation. Overall, the Parsons Area Community Foundation demonstrates strong financial health and governance, positioning it as a reputable nonprofit in its sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Parsons Area Community Foundation?
The Parsons Area Community Foundation has received a recommendation from one of its reviewers on Facebook, highlighting its positive impact on local causes and projects. This reviewer expressed appreciation for initiatives like Giving Tuesday, which enhances the effectiveness of donations to various organizations within the community.
While the foundation currently lacks a broad base of ratings, the sentiment expressed indicates that it is viewed positively by those who are aware of its mission. The emphasis on community involvement and support for local initiatives resonates well with residents who value philanthropic efforts aimed at enhancing their environment.
Overall, the feedback suggests that the foundation is recognized for its commitment to fostering community development and providing meaningful support to various local causes.
This AI summary has been generated from reviews found on Facebook.
Is Parsons Area Community Foundation legitimate?
Parsons Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parsons Area 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: $75,284
For more financial information, click here
Official website here: www.parsonsareacf.org
What is the mission statement of Parsons Area Community Foundation?
The Parsons Area Community Foundation's mission is centered around enhancing the quality of life in various communities. By increasing charitable giving opportunities, they strive to connect donors with local needs. Furthermore, they assume a leadership role in addressing significant community issues, now and for future generations. The foundation supports various organizations in the region, including the Parsons recreation commission, through grant distributions to charitable, civic, educational, and governmental entities.
Official website here: www.parsonsareacf.org
Who is the CEO of Parsons Area Community Foundation?
Jennifer Eichinger is the Director of Parsons Area Community Foundation.
Official website here: www.parsonsareacf.org
What is the revenue of Parsons Area Community Foundation?
Parsons Area Community Foundation's revenue in 2022 was $542,925.
Official website here: www.parsonsareacf.org
Who are the executives of Parsons Area Community Foundation and what are their salaries?
The average compensation at Parsons Area Community Foundation during 2022 was $25,095. There are 3 employees at Parsons Area Community Foundation.
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Official website here: www.parsonsareacf.org
Where can I find the form 990 for Parsons Area Community Foundation?
Parsons Area Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parsonsareacf.org
Learn more at the official website: www.parsonsareacf.org
Mission Statement of Parsons Area Community Foundation
The Parsons Area Community Foundation, a nonprofit organization, is dedicated to enhancing the quality of life in various communities. To achieve this, it focuses on increasing the opportunities for charitable giving, bridging the gap between donors and community needs, and providing leadership on significant community issues. This mission is aimed at improving the present situation and ensuring a better future for generations to come.
By taking on this role, the Parsons Area Community Foundation serves as a catalyst for change, connecting generous individuals with the areas in need of support. It grants funds to a diverse range of organizations, including charitable, civic, educational, and governmental entities, thereby contributing to the betterment of the community as a whole. This proactive approach to community development sets the Parsons Area Community Foundation apart, positioning it as a trusted and influential voice in addressing important community concerns.
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Impact
July, 2024
Parsons Area Community Foundation's impact is significant in improving the quality of life in the greater Parsons area. By increasing opportunities for charitable giving and connecting donors to community needs, the foundation plays a vital role in addressing important issues in the community. Through grants to various charitable, civic, educational, and governmental organizations, including the Parsons recreation commission, the foundation contributes to enhancing the overall well-being and development of the area.
This information is meant to be a general summary of Parsons Area 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: $325,971
- Gross Receipts: $1,551,505
Assets and Liabilities:
- Total Assets: $10,029,428
- Total Liabilities: $2,832,925
- Net Assets: $7,196,503
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Organization Details
Founding Year
1994
Phone
(620) 421-0723Principal Officer
Jennifer Eichinger
Main Address
PO BOX 894, PARSONS, KS, 67357
Website
www.parsonsareacf.orgNTEE Category
Code: P99 - Human services
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