Overview
What is The Johnny Heflin Community Foundation?
The Johnny Heflin Community Foundation is a charitable organization situated in Little Rock, Arkansas, specifically at 10411 W Markham STE 100, 72205. Their primary focus is on providing grants to non-profit organizations that have a declared mission of serving youth within the Little Rock community. This foundation plays a crucial role in supporting local initiatives aimed at uplifting and nurturing the younger generation in their hometown.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating.
The Johnny Heflin Community Foundation has received a rating of 73%, which corresponds to a Two-Star designation. This rating is solely based on its accountability and finance metrics, indicating a focus on responsible financial practices. The foundation excels in maintaining a fully independent board, with all members meeting the criteria for independence, and there are no reported issues with material diversion of assets.
The foundation's financial health is demonstrated by a zero percent liabilities to assets ratio, showcasing strong financial stability. Additionally, it effectively documents its board meeting minutes, which is a positive indicator of transparency. However, despite these strengths, the overall rating suggests that there may be areas for improvement in other aspects of the organization that are not captured by the current metrics.
Potential donors and supporters might want to consider the foundation's commitment to financial accountability while also seeking more information on its programmatic impact and broader operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Johnny Heflin Community Foundation legitimate?
The Johnny Heflin Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Johnny Heflin 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: $0
For more financial information, click here
What is the mission statement of The Johnny Heflin Community Foundation?
The Johnny Heflin Community Foundation's mission is centered around providing financial assistance to non-profit organizations that have a stated focus on serving the youth within their community. Their primary goal is to empower these organizations to carry out their missions and make a positive impact on the lives of young individuals. By offering grants, the foundation aims to support initiatives that foster growth, learning, and overall well-being among the youth, thereby contributing to a stronger and more vibrant community.
Who is the CEO of The Johnny Heflin Community Foundation?
Marc Heflin is the Secretary of The Johnny Heflin Community Foundation.
What is the revenue of The Johnny Heflin Community Foundation?
The Johnny Heflin Community Foundation's revenue in 2022 was $70,767.
Who are the executives of The Johnny Heflin Community Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for The Johnny Heflin Community Foundation?
The Johnny Heflin Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Johnny Heflin Community Foundation
The Johnny Heflin Community Foundation is committed to providing financial aid to non-profit organizations that have a declared intention of serving the youth within the Little Rock community. This philanthropic entity focuses on supporting organizations that align with its mission, which is to contribute to the betterment of the city's younger generation. By providing grants, the foundation aims to empower these organizations to carry out their activities and make a positive impact on the lives of young people in the area.
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Impact
October, 2024
The Johnny Heflin Community Foundation significantly impacts the Little Rock community by providing crucial financial support to local non-profit organizations dedicated to serving youth. This commitment to philanthropy fosters a nurturing environment that empowers young people and addresses their various needs, such as education, mentorship, and recreational activities. Through its grants, the foundation enhances the capabilities of these organizations, enabling them to implement programs and services that enrich the lives of local youth, promote their development, and ultimately contribute to a stronger, more vibrant community.
This information is meant to be a general summary of The Johnny Heflin 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: $70,767
- Gross Receipts: $70,767
Assets and Liabilities:
- Total Assets: $1,654,658
- Total Liabilities: $0
- Net Assets: $1,654,658
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Organization Details
Principal Officer
Marc Heflin
Main Address
10411 W MARKHAM STE 100, LITTLE ROCK, AR, 72205
NTEE Category
Code: T31 - Philanthropy
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