Overview
What is White Oak Foundation Inc?
White Oak Foundation Inc is a nonprofit organization situated in Apex, North Carolina, specifically at 1624 White Oak Church Rd Ste 200. With a team of 5 dedicated individuals, their mission is to serve and empower their community by addressing various challenges. This encompasses educational, socio-economic, housing, and professional needs of individuals across different age groups, including men, women, children, and the elderly. They achieve this through community outreach programming. In addition, White Oak Foundation Inc offers a housing counseling service, providing resources and guidance to both prospective and current homeowners, with certified housing counselors on staff.
Official website here: www.whiteoakfoundation-apex.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The White Oak Foundation Inc holds a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates strong governance with an entirely independent board and effective audit oversight, receiving full marks in these areas. Additionally, it has a solid program expense ratio, meaning a substantial portion of its resources is dedicated to its mission-driven activities.
However, there are notable areas for improvement. The foundation lacks essential policies, such as a whistleblower policy and a document retention policy, which reflect gaps in its operational transparency. Furthermore, the absence of posted tax forms on its website and a relatively high liabilities to assets ratio could be concerning for potential donors regarding financial stability.
Overall, while the White Oak Foundation exhibits strengths in governance and program efficiency, its rating suggests that stakeholders might want to look for enhancements in transparency and fiscal management before making significant contributions.
This AI summary has been generated from information found on Charity Navigator.
Is White Oak Foundation Inc legitimate?
White Oak Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. White Oak 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: $79,331
For more financial information, click here
Official website here: www.whiteoakfoundation-apex.org
What is the mission statement of White Oak Foundation Inc?
White Oak Foundation Inc's mission is to serve and empower their community by offering a nurturing environment through community outreach programs. These programs aim to address and resolve various challenges, including educational, socio-economic, housing, and professional needs for individuals across different age groups, including men, women, children, and the elderly. The foundation provides a housing counseling service, where certified housing counselors offer resources and guidance to both prospective and current homeowners.
Official website here: www.whiteoakfoundation-apex.org
Who is the CEO of White Oak Foundation Inc?
Rev Charles Tyner is the Executive Director of White Oak Foundation Inc.
Official website here: www.whiteoakfoundation-apex.org
What is the revenue of White Oak Foundation Inc?
White Oak Foundation Inc's revenue in 2022 was $595,926.
Official website here: www.whiteoakfoundation-apex.org
Who are the executives of White Oak Foundation Inc and what are their salaries?
The average compensation at White Oak Foundation Inc during 2022 was $15,866. There are 5 employees and 80 volunteers at White Oak Foundation Inc.
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Official website here: www.whiteoakfoundation-apex.org
Where can I find the form 990 for White Oak Foundation Inc?
White Oak Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whiteoakfoundation-apex.org
Learn more at the official website: www.whiteoakfoundation-apex.org
Mission Statement of White Oak Foundation Inc
White Oak Foundation Inc, a dedicated nonprofit organization, is committed to serving and empowering its community by providing a nurturing environment. They accomplish this through community outreach programs, addressing and resolving various challenges in the areas of education, socio-economics, housing, and professional needs. This encompasses helping individuals from different age groups, including men, women, children, and the elderly.
The organization's mission is to create a positive impact on the community by offering resources and support. They believe in addressing the root causes of challenges rather than just providing temporary solutions. White Oak Foundation Inc employs certified housing counselors to provide guidance and resources to prospective and current homeowners. This housing counseling program is a vital part of their mission, aiming to help individuals navigate the complex world of homeownership with confidence and success.
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Impact
July, 2024
White Oak Foundation Inc has made a significant impact by providing essential services to individuals and families in the community. Through their housing counseling program, they have offered valuable resources and guidance to both prospective and current homeowners. By addressing educational, socio-economic, housing, and professional needs, they have helped empower men, women, children, and the elderly in Apex, NC. This organization's dedication to serving the community and promoting stability and well-being is evident in their commitment to making a difference in people's lives.
This information is meant to be a general summary of White Oak 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: $403
- Program Service Revenue: $1,393
- Gross Receipts: $620,061
Assets and Liabilities:
- Total Assets: $4,504,991
- Total Liabilities: $3,581,501
- Net Assets: $923,490
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Wellness
Revenue
$519
Senior citizens program
Revenue
$49
Food bank
Revenue
$410
Youth summer program
Revenue
$415
Organization Details
Founding Year
1998
Phone
(919) 362-6799Principal Officer
Rev Charles Tyner
Main Address
1624 White Oak Church Rd Ste 200, Apex, NC, 27523
NTEE Category
Code: L200 - Housing
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