Overview
What is Stanly Health Foundation?
The Stanly Health Foundation, situated in Albemarle, North Carolina, is a charitable organization primarily focused on soliciting contributions to enhance community health. During the recent fiscal year, they received significant support from eleven major donors and Atrium Health Stanly employees, who donated or pledged between $5,000 and $10,000. The foundation also actively participates in public fundraisers such as the Outdoorsman's Bonanza, Play for the Cure Golf Tournament, Stanly County Dancing with the Stars, and the Cash Calendar Raffle. Their mission aligns with Atrium Health Stanly, aiming to improve the overall health of the community. The foundation's efforts include partnering with Atrium Health Stanly to facilitate community health improvements.
Official website here: www.stanlyhealthfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 41%, Zero-Star out of Four Star Rating.
The Stanly Health Foundation has received a low score of 41%, which translates to a Zero-Star rating, indicating significant concerns regarding its financial accountability and transparency. While the organization boasts a high percentage of independent board members and has established governance policies, such as a conflict of interest policy and whistleblower protection, the lack of financial statements is a critical issue that hinders its overall evaluation.
The foundation shows a reasonable program expense ratio of 41.73%, suggesting that it dedicates some funds to its intended charitable programs. However, the liabilities to assets ratio of 0.66% raises red flags about the organization’s financial health and ability to sustain its operations. Furthermore, the absence of publicly available tax forms on its website diminishes trust and accountability in its financial practices.
While the organizational strengths include independent governance and a commitment to various operational policies, the financial transparency issues significantly detract from its credibility. Without accessible financial documentation, potential donors may hesitate to contribute, raising questions about the foundation's overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Stanly Health Foundation legitimate?
Stanly Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stanly Health 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.stanlyhealthfoundation.org
What is the mission statement of Stanly Health Foundation?
The Stanly Health Foundation partners with Atrium Health Stanly to enhance the health of everyone in their community. Their mission is centered around collaborating with Atrium Health Stanly to improve the overall health of the community. During the fiscal year ending September 30, 2022, the foundation received contributions and pledges between $5,000 and $10,000 from eleven major donors, and over 215 Atrium Health Stanly employees donated a portion of their salaries to the foundation as part of the President's Club or Stanly Society. The foundation also participated in or organized four public fundraisers: Outdoorman's Bonanza, Play for the Cure Golf Tournament, Stanly County Dancing with the Stars, and the Cash Calendar Raffle, furthering their commitment to community health.
Official website here: www.stanlyhealthfoundation.org
Who is the CEO of Stanly Health Foundation?
Jane Boone is the Executive Di of Stanly Health Foundation.
Official website here: www.stanlyhealthfoundation.org
What is the revenue of Stanly Health Foundation?
Stanly Health Foundation's revenue in 2022 was $1,037,095.
Official website here: www.stanlyhealthfoundation.org
Who are the executives of Stanly Health Foundation and what are their salaries?
There 40 volunteers at Stanly Health Foundation.
Here are 19 key members and their salaries:
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Official website here: www.stanlyhealthfoundation.org
Where can I find the form 990 for Stanly Health Foundation?
Stanly Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stanlyhealthfoundation.org
Learn more at the official website: www.stanlyhealthfoundation.org
Mission Statement of Stanly Health Foundation
The Stanly Health Foundation, a charitable organization, collaborates with Atrium Health Stanly to enhance the health of their community. Their mission is centered around improving the overall well-being of their community members, working hand in hand with Atrium Health Stanly. During the fiscal year ending on September 30, 2022, the foundation received substantial support from major donors and Atrium Health Stanly employees. Eleven significant donors contributed or pledged between $5,000 and $10,000, while over 215 Atrium Health Stanly employees generously donated a portion of their monthly pay to the Stanly Health Foundation as members of the President's Club or Stanly Society. The foundation also organized or participated in four public fundraisers, including Outdoorman's Bonanza, Play for the Cure Golf Tournament, Stanly County Dancing with the Stars, and the Cash Calendar Raffle, further demonstrating their commitment to the community's health.
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Impact
July, 2024
Stanly Health Foundation, in partnership with Atrium Health Stanly, is making a significant impact on the health of the community in Albemarle, NC. Through fundraising efforts, major donations, and the dedication of over 215 Atrium Health Stanly employees, the foundation is actively working to improve the health and well-being of everyone in the community. Their initiatives, such as public fundraisers like the Outdoorsman's Bonanza and the Play for the Cure Golf Tournament, are helping to support vital healthcare services and programs. The foundation's commitment to partnering with Atrium Health Stanly demonstrates a shared mission to enhance the health outcomes of the community they serve.
This information is meant to be a general summary of Stanly Health 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: $543,893
- Gross Receipts: $6,732,252
Assets and Liabilities:
- Total Assets: $12,304,926
- Total Liabilities: $91,471
- Net Assets: $12,213,455
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Organization Details
Founding Year
1990
Phone
(704) 982-3888Principal Officer
Jane Boone
Main Address
POST OFFICE BOX 254, ALBEMARLE, NC, 280020254
NTEE Category
Code: E20I - Health
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