Overview
What is Phelps County Community Foundation Inc?
Phelps County Community Foundation Inc is a nonprofit organization that serves as the custodian of about 100 distinct funds, each donated for various purposes. Their primary mission is to manage and distribute these funds effectively, ensuring they contribute positively to the community. By administering these funds, the foundation plays a crucial role in supporting various initiatives and projects, contributing to the betterment of Phelps County and its residents.
Official website here: www.phelpsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Phelps County Community Foundation Inc has achieved a high score of 97%, reflecting strong accountability and financial practices. With an impressive 90% in Accountability & Finance, the foundation demonstrates effective governance through a fully independent board and robust financial oversight. Their commitment to transparency is evident, with all required policies and documents accessible, ensuring stakeholder confidence.
The organization excels in program expenses, allocating 88.16% of its budget to programmatic activities, showcasing a strong focus on its mission. Additionally, its fundraising efficiency is noteworthy, maintaining a cost of just $0.01 to raise a dollar, which highlights its effective resource management. Such financial prudence contributes to its solid working capital ratio of 5.27 years.
While the foundation's culture and community score is lower at 73%, it indicates room for improvement in engaging with the community and implementing equity strategies. Overall, Phelps County Community Foundation Inc is a well-managed nonprofit with strong financial health and governance, although enhancing community engagement could further strengthen its impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Phelps County Community Foundation Inc?
100% of 8 reviewers on Facebook recommend the Phelps County Community Foundation Inc. Here is a summary of their reviews:
Supporters appreciate the Foundation's role in facilitating community donations, highlighting its effectiveness in growing contributions for local initiatives. Many express confidence in the Foundation's ability to manage and distribute funds responsibly, which enhances its credibility in the community.
Overall, the sentiment is overwhelmingly positive, with users praising the Foundation for its impactful work and commitment to enhancing the local community. The foundation has clearly established itself as a trusted entity for making a difference through charitable giving.
This AI summary has been generated from reviews found on Facebook.
Is Phelps County Community Foundation Inc legitimate?
Phelps County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phelps County Community 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: $78,591
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,362
For more financial information, click here
Official website here: www.phelpsfoundation.org
What is the mission statement of Phelps County Community Foundation Inc?
The Phelps County Community Foundation Inc's primary role is to oversee and manage donated funds. With a mission in mind, they oversee around 100 different funds, ensuring their proper administration. The organization's purpose is to utilize these funds to support various causes and initiatives, as per the intentions of the donors. Their work is centered around the administration of these funds, aiming to make a positive impact in their respective fields. The foundation does not disclose specific details about the causes or initiatives supported by these funds.
Official website here: www.phelpsfoundation.org
Who is the CEO of Phelps County Community Foundation Inc?
Tammy Vonasek is the President of Phelps County Community Foundation Inc.
Official website here: www.phelpsfoundation.org
What is the revenue of Phelps County Community Foundation Inc?
Phelps County Community Foundation Inc's revenue in 2022 was $2,780,428.
Official website here: www.phelpsfoundation.org
Who are the executives of Phelps County Community Foundation Inc and what are their salaries?
The average compensation at Phelps County Community Foundation Inc during 2022 was $47,391. There are 5 employees and 12 volunteers at Phelps County Community Foundation Inc.
Here are 13 key members and their salaries:
- Compensation: $78,591
- Related: $0
- Other: $2,407
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.phelpsfoundation.org
Where can I find the form 990 for Phelps County Community Foundation Inc?
Phelps County Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phelpsfoundation.org
Learn more at the official website: www.phelpsfoundation.org
Mission Statement of Phelps County Community Foundation Inc
Phelps County Community Foundation Inc is a organization dedicated to managing donated funds. With over 100 distinct funds under its administration, the foundation's mission is to oversee these resources effectively. Its primary role involves ensuring the proper allocation and utilization of these funds, serving as a steward for various donors and their charitable intentions. By administering these funds, Phelps County Community Foundation Inc plays a crucial role in supporting various causes and initiatives within the community, contributing to the betterment of the area it serves.
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Impact
July, 2024
Phelps County Community Foundation Inc administers donated funds for approximately 100 different funds with a mission to administer these funds. By facilitating the distribution of funds to various causes and organizations, Phelps County Community Foundation Inc plays a crucial role in supporting philanthropic initiatives in Holdrege, Nebraska. Their impact is evident in the positive contributions made to the community through their support and allocations.
This information is meant to be a general summary of Phelps County Community 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: $606,157
- Program Service Revenue: $64,295
- Gross Receipts: $4,913,714
Assets and Liabilities:
- Total Assets: $21,921,417
- Total Liabilities: $6,212,524
- Net Assets: $15,708,893
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$64,295
Organization Details
Founding Year
1976
Phone
(308) 995-6847Principal Officer
Tammy Vonasek
Main Address
424 GARFIELD STREET, HOLDREGE, NE, 68949
Website
www.phelpsfoundation.orgNTEE Category
Code: T31 - Philanthropy
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