Overview
What is Sutton County Community Trust?
The Sutton County Community Trust is a community-focused nonprofit organization, situated in Sutton County. Their primary objective is to extend a helping hand to individuals in need, irrespective of age. They offer financial assistance for medical and living expenses, ensuring that essential needs are met. Furthermore, the Trust provides grants to help cover funeral and living expenses, displaying compassion during challenging times. In addition to these services, the Trust also offers scholarship grants, enabling residents to pursue higher education in colleges or secondary schools.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Sutton County Community Trust has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and financial health. The organization scored exceptionally well in several key areas, including a perfect score for having an entirely independent board and no material diversion of assets. Their program expense ratio is impressive at 89.49%, suggesting that the majority of their funds are directed towards their stated mission.
The financial metrics highlight the trust's strong management, as evidenced by a liabilities to assets ratio of 0.00%, which indicates that they have no debt. Additionally, they have a well-documented conflict of interest policy and consistently provide board meeting minutes, reinforcing their commitment to transparency and governance.
However, while the single beacon score provides a focused view of their financial accountability, it may limit the overall assessment of the organization. Prospective donors and stakeholders might benefit from additional insights into programmatic effectiveness and community impact to understand the full scope of the charity's contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Sutton County Community Trust legitimate?
Sutton County Community Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sutton County Community Trust 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: $2,400
For more financial information, click here
What is the mission statement of Sutton County Community Trust?
The Sutton County Community Trust serves as a community-focused organization, committed to providing assistance for those in need, irrespective of their age. Its mission encompasses offering financial aid for medical and living expenses, as well as providing grants to cover funeral expenses and tuition fees for higher education, including college and secondary school. The Trust aims to support its community members during challenging times, striving to enhance their overall well-being.
Who is the CEO of Sutton County Community Trust?
Jo Ann Jones is the Trustee of Sutton County Community Trust.
What is the revenue of Sutton County Community Trust?
Sutton County Community Trust's revenue in 2023 was $16,630.
Who are the executives of Sutton County Community Trust and what are their salaries?
The average compensation at Sutton County Community Trust during 2023 was $2,400. There is 1 employee at Sutton County Community Trust.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
Where can I find the form 990 for Sutton County Community Trust?
Sutton County Community Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sutton County Community Trust
The Sutton County Community Trust, a community-focused organization, is committed to providing assistance for medical and living expenses to individuals in need, irrespective of their age. Beyond this, the trust extends its aid by offering grants to cover funeral expenses and tuition fees for higher education, whether it's college or secondary school. In essence, the Sutton County Community Trust serves as a safety net for its community members, ensuring they have access to essential resources during challenging times.
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Impact
August, 2024
Sutton County Community Trust has made a significant impact in Sonora, TX by providing vital assistance to community members in need. The Trust's mission to offer medical and living expense support without any age restrictions has positively impacted the lives of many individuals and families facing financial hardship. Additionally, the Trust's provision of grants for funeral expenses and scholarship grants for education highlights its commitment to supporting the community in different aspects of life. Overall, Sutton County Community Trust's philanthropic efforts have played a crucial role in enhancing the well-being and opportunities for individuals in Sonora.
This information is meant to be a general summary of Sutton County Community Trust. 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 2023.
- Investment Income: $5,959
- Gross Receipts: $16,630
Assets and Liabilities:
- Total Assets: $1,894,471
- Total Liabilities: $0
- Net Assets: $1,894,471
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Organization Details
Founding Year
1980
Principal Officer
Jo Ann Jones
Main Address
PO Box 584, SONORA, TX, 76950
NTEE Category
Code: T31 - Philanthropy
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