Overview
What is Hinton Area Foundation Inc?
Hinton Area Foundation Inc, located in Hinton, West Virginia, serves as a community-focused nonprofit organization. With a mission to promote local giving and community development, the foundation administers 44 separate funds. These funds offer financial aid in the form of scholarships to deserving students, considering both merit and need. In the recent year, 51 students received a total of $90,750, with awards ranging from $250 to $5,000. The foundation has a small team of three dedicated individuals working towards its goals.
Official website here: www.hintonareafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
The Hinton Area Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance with a score of 96%. This high rating is primarily based on the charity's financial health and adherence to best practices in governance, signaling to donors that their contributions are well-managed and directed toward effective programs.
One of the notable strengths of the foundation includes its fully independent board, scoring 8 out of 8 for the majority of independent members. The foundation also excels in financial transparency, with a perfect score for its audited financial statements and no reported material diversion of assets. These factors contribute to a strong reputation for integrity and responsible financial management.
Despite these strengths, the main area of focus remains on financial performance, with a program expense ratio of 70.73%. While this indicates a substantial commitment to programmatic spending, potential donors may want to explore specific programs and their impacts further. Overall, the Hinton Area Foundation Inc stands out as a trustworthy organization worthy of support.
This AI summary has been generated from information found on Charity Navigator.
Is Hinton Area Foundation Inc legitimate?
Hinton Area Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hinton Area 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: $30,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,432
For more financial information, click here
Official website here: www.hintonareafoundation.org
What is the mission statement of Hinton Area Foundation Inc?
The Hinton Area Foundation Inc serves as a community foundation, acting as a centralized source for contributions aimed at benefiting the local community. Its mission is to encourage giving and foster community development. The foundation administers various funds, providing scholarships to deserving students based on merit and need. In the recent year, 51 students received a combined total of $90,750 in scholarships, with individual awards ranging from $250 to $5,000.
Official website here: www.hintonareafoundation.org
Who is the CEO of Hinton Area Foundation Inc?
Amy Mann is the President of Hinton Area Foundation Inc.
Official website here: www.hintonareafoundation.org
What is the revenue of Hinton Area Foundation Inc?
Hinton Area Foundation Inc's revenue in 2022 was $737,644.
Official website here: www.hintonareafoundation.org
Who are the executives of Hinton Area Foundation Inc and what are their salaries?
The average compensation at Hinton Area Foundation Inc during 2022 was $14,368. There are 3 employees and 28 volunteers at Hinton Area Foundation Inc.
Here are 26 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $21,923
- Related: $0
- Other: $0
- Compensation: $8,750
- Related: $0
- Other: $0
Official website here: www.hintonareafoundation.org
Where can I find the form 990 for Hinton Area Foundation Inc?
Hinton Area Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hintonareafoundation.org
Learn more at the official website: www.hintonareafoundation.org
Mission Statement of Hinton Area Foundation Inc
The Hinton Area Foundation Inc, as a community foundation, is committed to serving as a centralized source for contributions aimed at benefiting the local community. Its mission is geared towards encouraging philanthropy and fostering a culture of giving within the community. The organization administers a total of 44 separate funds, each designed to award scholarships to deserving local students. These scholarships are awarded based on merit and need, with a total of 51 students receiving financial aid in the form of scholarships, ranging from $250 to $5,000. The Hinton Area Foundation Inc's efforts in this regard play a significant role in empowering local students by providing them with the financial support they need to pursue their educational goals.
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
July, 2024
Hinton Area Foundation Inc has had a significant impact on the local community by providing a common source for contributions to benefit the area. Through its administration of 44 separate funds, the foundation has enabled 51 local students to receive scholarships totaling $90,750. These scholarships, ranging from $250 to $5,000, have helped support students based on their merit and financial need, providing them with opportunities for higher education and future success. The foundation's commitment to philanthropy and encouraging giving has made a meaningful difference in the lives of individuals in Hinton, WV.
This information is meant to be a general summary of Hinton Area 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: $501,674
- Gross Receipts: $3,637,376
Assets and Liabilities:
- Total Assets: $7,495,642
- Total Liabilities: $0
- Net Assets: $7,495,642
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1991
Phone
(304) 309-5502Principal Officer
Amy Mann
Main Address
PO BOX 217, HINTON, WV, 259510217
Website
www.hintonareafoundation.orgNTEE Category
Code: T31 - Philanthropy
If you are a representative of Hinton Area 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.