Overview
What is Area Community Enrichment Foundation Inc?
Area Community Enrichment Foundation Inc is a nonprofit organization, headquartered in Atwood, Kansas. Their mission is to enhance, enrich, and secure the future of the community's citizens. To achieve this, they support various programs and organizations by disbursing funds. In the recent year, they provided financial assistance to entities like the Greater Northwest Kansas Community Foundation, the Dollywood Foundation, and the Knights of Columbus, among others. These grants aim to broaden philanthropic opportunities within Northwest Kansas and the surrounding tri-state region. By doing so, the Foundation strives to contribute to economic development, improve healthcare, education, environmental conservation, and recreational facilities, ultimately ensuring a better future for its citizens and communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Area Community Enrichment Foundation Inc has received a Two-Star rating from Charity Navigator, suggesting a need for improvement in certain operational areas. While the organization has performed well in accountability and finance, achieving a score of 73%, it falls short in several transparency practices which are critical for donor trust and organizational integrity. The high program expense ratio of 99.45% indicates a strong focus on program spending, which is a positive aspect of its operations.
Despite strengths like a fully independent board and no material diversion of assets, the foundation lacks essential policies that promote accountability, such as a conflict of interest policy and a whistleblower policy. These missing elements, along with the absence of a website listed on their tax form and failure to post tax documents online, contribute to a significant transparency deficit, affecting their overall rating.
Overall, while the Area Community Enrichment Foundation Inc demonstrates strong spending on programs and effective governance through an independent board, improvements in policy documentation and transparency are necessary to enhance donor confidence and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Area Community Enrichment Foundation Inc legitimate?
Area Community Enrichment Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Area Community Enrichment 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: $0
For more financial information, click here
What is the mission statement of Area Community Enrichment Foundation Inc?
The Area Community Enrichment Foundation Inc's mission is centered around enhancing, enriching, and ensuring a prosperous future for citizens and their communities. Specifically, their mission involves promoting economic, community, rural, and overall development. They strive to improve various sectors such as health care, education, environment, and recreation to better the lives of the people they serve. The foundation supports various programs and organizations to further these goals, contributing funds to organizations like the Greater Northwest Kansas Community Foundation, Dollywood Foundation, and Knights of Columbus, among others, to increase philanthropic opportunities in Northwest Kansas and the surrounding regions.
Who is the CEO of Area Community Enrichment Foundation Inc?
Scott Chvatal is the President of Area Community Enrichment Foundation Inc.
What is the revenue of Area Community Enrichment Foundation Inc?
Area Community Enrichment Foundation Inc's revenue in 2022 was $77,185.
Who are the executives of Area Community Enrichment Foundation Inc and what are their salaries?
There 4 volunteers at Area Community Enrichment Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Area Community Enrichment Foundation Inc?
Area Community Enrichment Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Area Community Enrichment Foundation Inc
Area Community Enrichment Foundation Inc is committed to enhancing, enriching, and ensuring the future of its citizens and the communities they reside in. The organization's mission encompasses fostering economic, community, rural, and overall development. It aims to improve various sectors such as health care, education, environment, and recreation, with the ultimate goal of bettering the lives of its citizens and the communities they inhabit. The foundation supports various programs and organizations to further its mission, aiming to create opportunities and exposure for philanthropy throughout its region.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Area Community Enrichment Foundation Inc's impact is seen through its dedication to enhancing, enriching, and ensuring the future of citizens and communities. By supporting various programs and organizations, the foundation contributes to economic, community, rural, and overall development. It also works to improve healthcare, education, environment, and recreation, thus positively impacting the lives of individuals and the overall well-being of the community. Through its mission, the foundation promotes philanthropy and fosters opportunities for growth and sustainability in Northwest Kansas and the Tri-State region.
This information is meant to be a general summary of Area Community Enrichment 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: $72,303
- Gross Receipts: $77,185
Assets and Liabilities:
- Total Assets: $422,866
- Total Liabilities: $0
- Net Assets: $422,866
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2001
Phone
(785) 626-9328Principal Officer
Scott Chvatal
Main Address
P O BOX 224, ATWOOD, KS, 67730
NTEE Category
Code: S122 - Community improvement
If you are a representative of Area Community Enrichment Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.