Overview
What is Council Grove Area Foundation?
The Council Grove Area Foundation is a nonprofit organization situated in Council Grove, Kansas. With a single employee, their mission is to positively impact the current and future generations of the local community. They aim to accomplish this by establishing an endowment, which serves as a financial resource to enhance the overall quality of life in the region. This endowment's purpose is to support various initiatives and projects that contribute to the betterment of Council Grove and its surroundings.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 73%)
The Council Grove Area Foundation has received a two-star rating, indicating that it needs improvement in several key areas of accountability and finance. While the foundation excels in areas such as having a majority of independent board members and maintaining a robust program expense ratio, it struggles with transparency and governance practices, as indicated by the absence of several important policies and the lack of a website listed on their tax form.
Strengths of the foundation include a strong accountability score driven by its low liabilities to assets ratio and the documentation of board meeting minutes. These factors suggest a solid financial foundation and a commitment to organizational governance. However, the overall rating reflects concerns about transparency and documentation practices, which could hinder public trust and stakeholder confidence.
Limitations noted in the data highlight missing essential policies such as conflict of interest, whistleblower, and document retention and destruction policies. Improvements in these areas are crucial for enhancing organizational transparency and ensuring compliance with best practices in nonprofit governance.
This AI summary has been generated from information found on Charity Navigator.
Is Council Grove Area Foundation legitimate?
Council Grove Area Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Council Grove Area 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: $22,907
For more financial information, click here
What is the mission statement of Council Grove Area Foundation?
The Council Grove Area Foundation's mission is centered around serving a specific area and its surroundings. The organization aims to enhance the quality of life for both current and future generations by establishing an endowment. This endowment serves as a means to contribute to the betterment of the community, ensuring that it continues to thrive for generations to come. The foundation's primary objective is to improve the community's overall well-being, striving to make a significant impact on its residents now and in the future.
Who is the CEO of Council Grove Area Foundation?
Joe Buchanan is the President of Council Grove Area Foundation.
What is the revenue of Council Grove Area Foundation?
Council Grove Area Foundation's revenue in 2022 was $54,867.
Who are the executives of Council Grove Area Foundation and what are their salaries?
The average compensation at Council Grove Area Foundation during 2022 was $22,907. There is 1 employee at Council Grove Area Foundation.
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Where can I find the form 990 for Council Grove Area Foundation?
Council Grove Area Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Council Grove Area Foundation
The Council Grove Area Foundation is committed to serving its community and the surrounding areas by establishing an endowment with a noble purpose. This endowment is designed to improve the quality of life for current and future generations. In essence, the foundation seeks to make a lasting impact on its community by investing in initiatives that enrich people's lives. By striving to create a better future, the Council Grove Area Foundation embodies a dedication to the well-being of its community, ensuring a prosperous and fulfilling existence for generations to come.
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Impact
August, 2024
The Council Grove Area Foundation has a significant impact on the community by enriching the quality of life for present and future generations in Council Grove and the surrounding areas. Through its dedicated endowment, the foundation actively supports various philanthropic endeavors that contribute to the well-being and development of the community.
This information is meant to be a general summary of Council Grove Area 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: $45,352
- Gross Receipts: $54,867
Assets and Liabilities:
- Total Assets: $1,507,024
- Total Liabilities: $0
- Net Assets: $1,507,024
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Organization Details
Founding Year
1999
Phone
(620) 767-7167Principal Officer
Joe Buchanan
Main Address
PO Box 137, Council Grove, KS, 66846
NTEE Category
Code: T31 - Philanthropy
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