Overview
What is Durham Exchange Clubs Foundation For The Prevention Of Child Abuse?
The Durham Exchange Clubs Foundation for the Prevention of Child Abuse, established in 1998, is a charitable organization located in Durham, North Carolina. Its primary purpose is to collect contributions from the general public. These funds are then invested with the aim of generating a sustainable return. The income generated is utilized to support the activities of the Exchange Clubs Child Abuse Prevention Center in Durham, also known as the Exchange Family Center. The center plays a significant role in Durham County, North Carolina, providing assistance to families where child abuse or neglect has been confirmed or is suspected, as well as to families deemed at risk for such incidents. The foundation's grants enable the center to offer necessary support and resources to these families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
The Durham Exchange Clubs Foundation for the Prevention of Child Abuse has received a mixed rating, reflecting some strengths in its governance and financial management. The organization boasts a fully independent board, achieving the highest scores in categories related to board independence and asset management. However, the foundation faces significant shortcomings in areas of transparency and policy implementation, notably lacking a conflict of interest policy, a whistleblower policy, and essential documentation like board meeting minutes on its website.
While the foundation demonstrates solid financial health with a favorable liabilities-to-assets ratio and a commendable program expense ratio, the low scores in accountability metrics indicate areas that require improvement. The absence of key governance documents raises concerns about its operational transparency, which is crucial for building public trust and maintaining donor confidence.
Overall, the foundation's commitment to its mission is evident, but its rating suggests a need for enhanced governance practices and transparency measures. Addressing these issues could help bolster its credibility and effectiveness in preventing child abuse in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Durham Exchange Clubs Foundation For The Prevention Of Child Abuse legitimate?
Durham Exchange Clubs Foundation For The Prevention Of Child Abuse is a legitimate nonprofit organization registered as a 501(c)(3) entity. Durham Exchange Clubs Foundation For The Prevention Of Child Abuse 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.
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What is the mission statement of Durham Exchange Clubs Foundation For The Prevention Of Child Abuse?
The Durham Exchange Clubs Foundation for the Prevention of Child Abuse aims to provide support to families who have experienced or are at risk of child abuse or neglect. Through grants, the foundation collaborates with the Exchange Clubs Child Abuse Prevention Center in Durham, working to protect and safeguard children's wellbeing. The foundation's primary objective is to contribute to activities that promote the center's mission, ensuring a perpetual source of funds to support its initiatives. The center provides essential services to families in Durham County, North Carolina, offering resources and interventions to combat child abuse and neglect.
Who is the CEO of Durham Exchange Clubs Foundation For The Prevention Of Child Abuse?
Alan Wayne is the Trustee of Durham Exchange Clubs Foundation For The Prevention Of Child Abuse.
What is the revenue of Durham Exchange Clubs Foundation For The Prevention Of Child Abuse?
Durham Exchange Clubs Foundation For The Prevention Of Child Abuse's revenue in 2022 was $56,623.
Who are the executives of Durham Exchange Clubs Foundation For The Prevention Of Child Abuse and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Durham Exchange Clubs Foundation For The Prevention Of Child Abuse?
Durham Exchange Clubs Foundation For The Prevention Of Child Abuse's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Durham Exchange Clubs Foundation For The Prevention Of Child Abuse
The Durham Exchange Clubs Foundation for the Prevention of Child Abuse is committed to providing grants to support the work of the Exchange Clubs Child Abuse Prevention Center in Durham, Inc. This nonprofit organization focuses on assisting families where child abuse or neglect has been substantiated, is suspected, or when families are at risk. Their mission is to offer resources and support to these families, aiming to prevent and mitigate the impact of abuse or neglect on children. The foundation was established in 1998 to receive contributions from the general public, with the goal of generating a sustainable return on investment. These funds are then utilized to support the activities of the Exchange Family Center, a division of the Exchange Clubs Child Abuse Prevention Center in Durham, Inc. The center works tirelessly to protect children from abuse or neglect in Durham County, North Carolina.
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Impact
August, 2024
Durham Exchange Clubs Foundation For The Prevention Of Child Abuse's impact is focused on providing grants to the Exchange Club's Child Abuse Prevention Center in Durham to support their work with families where abuse or neglect has been substantiated, suspected, or where there is a risk of such incidents. The foundation plays a vital role in supporting the center's activities in Durham County, North Carolina, working towards preventing child abuse and assisting families in need. Their mission underscores the importance of addressing and combating child abuse within the community, making a significant impact on the lives of vulnerable children and families.
This information is meant to be a general summary of Durham Exchange Clubs Foundation For The Prevention Of Child Abuse. 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: $25,323
- Gross Receipts: $60,794
Assets and Liabilities:
- Total Assets: $563,965
- Total Liabilities: $0
- Net Assets: $563,965
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Organization Details
Founding Year
1998
Phone
(919) 596-1341Principal Officer
Alan Wayne
Main Address
3400 CROASDAILE DRIVE STE 206, Durham, NC, 27705
NTEE Category
Code: I72 - Crime
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