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Hermie And Elliott Sadler Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541980393 ✦ Emporia, VA ✦ Designated as a 501(c)(3)

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Overview

What is Hermie And Elliott Sadler Foundation Inc?

Hermie and Elliott Sadler Foundation Inc, located in Emporia, Virginia, is a nonprofit organization that focuses on fundraising activities. Their primary mission is to provide financial support to various local educational institutions and other charitable organizations. They achieve this goal by organizing different events, aiming to assist both public and private educational institutions, as well as other worthy causes. The foundation's dedication to community service and education is evident in their consistent fundraising efforts.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 63%, Two-Star out of Four Star rating.

The Hermie and Elliott Sadler Foundation Inc has received a rating of 63%, reflecting a moderate level of accountability and finance management. The evaluation is solely based on accountability measures, with the foundation scoring well in certain areas, such as having a fully independent board, which earned them full points in that category. Additionally, their program expense ratio is commendable at 97.40%, indicating that a significant majority of funds are directed towards their programs.

However, there are notable limitations that affected their overall score. The organization lacks critical policies such as a conflict of interest policy, a whistleblower policy, and document retention and destruction protocols, all of which resulted in zero points in those categories. Furthermore, the absence of their website link on the tax form and the failure to post their tax form on their website contributed to their lower score overall.

In summary, while the foundation demonstrates strong program spending and independent governance, the lack of necessary policies and transparency measures indicates areas needing improvement in their organizational practices.


This AI summary has been generated from information found on Charity Navigator.

Is Hermie And Elliott Sadler Foundation Inc legitimate?

Hermie And Elliott Sadler Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hermie And Elliott Sadler 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 Hermie And Elliott Sadler Foundation Inc?

The Hermie and Elliott Sadler Foundation Inc's mission is centered around conducting fundraising events. Their primary objective is to offer assistance to various public and private educational institutions, as well as other charitable organizations. Through these fundraising events, they aim to contribute financially to these institutions and organizations. The foundation's activities have included providing financial support to local educational institutions and other charities.

Who is the CEO of Hermie And Elliott Sadler Foundation Inc?

H M Sadler Iii is the President of Hermie And Elliott Sadler Foundation Inc.

What is the revenue of Hermie And Elliott Sadler Foundation Inc?

Hermie And Elliott Sadler Foundation Inc's revenue in 2022 was $60,000.

Who are the executives of Hermie And Elliott Sadler Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


H M Sadler Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bell Sadler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliott Sadler (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hermie And Elliott Sadler Foundation Inc?

Hermie And Elliott Sadler Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hermie And Elliott Sadler Foundation Inc

The Hermie And Elliott Sadler Foundation Inc is dedicated to conducting fundraising events with the primary objective of providing assistance to various public and private educational institutions, as well as other charities. This nonprofit organization actively works towards achieving its mission by dispensing financial aid to these institutions and charitable organizations. By engaging in fundraising activities, the Hermie And Elliott Sadler Foundation Inc plays an instrumental role in supporting educational initiatives and contributing to the broader charitable sector.

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Impact




August, 2024

The Hermie And Elliott Sadler Foundation Inc has made a significant impact by providing financial support to local educational institutions and other charities in Emporia, VA. Through conducting fundraising events, the foundation has been able to channel much-needed funds towards enhancing the educational experiences of students and supporting various charitable causes. Their philanthropic efforts have had a direct and positive effect on the community by contributing to the betterment of educational opportunities and the advancement of charitable initiatives.




This information is meant to be a general summary of Hermie And Elliott Sadler 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.

Revenue
$60,000 (2022)
Expenses
$11,165 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $60,000

Assets and Liabilities:

  • Total Assets: $50,656
  • Total Liabilities: $0
  • Net Assets: $50,656

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Organization Details

Principal Officer

H M Sadler Iii

Main Address

PO BOX 32, EMPORIA, VA, 23847

NTEE Category

Code: T30 - Philanthropy

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