Overview
What is Dauphin Island Foundation?
The Dauphin Island Foundation is a nonprofit organization situated in Dauphin Island, Alabama. With a single employee, its mission is to foster collaboration and communication among local entities, safeguard the environment, and promote initiatives that improve the quality of life on the island. The foundation supports various community activities, such as maintaining the lighthouse, managing a bird sanctuary, and providing grants to local 501C(3) organizations. Additionally, the foundation offers education support and contributes to environmental protection projects, showcasing its commitment to preserving and enhancing the island's community.
Official website here: www.difoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall score: 61%. The Dauphin Island Foundation has received a two-star rating, indicating that there are significant areas for improvement in its accountability and financial practices. While the organization has a strong governance structure with 87% of board members being independent and no material diversion of assets, it lacks several essential policies that are critical for transparency and accountability.
Strengths of the foundation include a high program expense ratio of 70.30%, indicating a commitment to using a substantial portion of its budget on programs rather than administrative costs. Additionally, the organization effectively maintains documentation of board meeting minutes and has its website included on its tax form, which reflects a degree of operational transparency.
However, the foundation faces notable limitations due to the absence of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Furthermore, the lack of a posted tax form on its website is concerning, as it restricts access to important financial information for stakeholders and potential donors. Overall, while the foundation exhibits strengths in governance and program funding, addressing its policy gaps is essential for improving its overall evaluation and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Dauphin Island Foundation legitimate?
Dauphin Island Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dauphin Island 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:
Executive Compensation: $13,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.difoundation.org/
What is the mission statement of Dauphin Island Foundation?
The Dauphin Island Foundation's mission is centered around fostering collaboration among various entities and promoting initiatives that enhance the quality of life. A key aspect of their mission is the protection of the environment. The organization actively supports and facilitates projects and activities that contribute positively to the community. This encompasses a range of activities, such as maintaining a lighthouse, managing a bird sanctuary, and providing grants to local non-profit organizations. Additionally, they are involved in educational support and initiatives aimed at erosion control and arts and culture.
Official website here: www.difoundation.org/
Who is the CEO of Dauphin Island Foundation?
Bill Edwards is the Chairman of Dauphin Island Foundation.
Official website here: www.difoundation.org/
What is the revenue of Dauphin Island Foundation?
Dauphin Island Foundation's revenue in 2022 was $73,969.
Official website here: www.difoundation.org/
Who are the executives of Dauphin Island Foundation and what are their salaries?
The average compensation at Dauphin Island Foundation during 2022 was $13,095. There is 1 employee at Dauphin Island Foundation.
Here are 16 key members and their salaries:
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Official website here: www.difoundation.org/
Where can I find the form 990 for Dauphin Island Foundation?
Dauphin Island Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.difoundation.org/
Learn more at the official website: www.difoundation.org/
Mission Statement of Dauphin Island Foundation
The Dauphin Island Foundation, a nonprofit organization, is committed to fostering collaboration and communication among entities within its community. The primary objective of this foundation is twofold: to safeguard the environment and to enhance the quality of life on the island by supporting projects and activities. Through its initiatives, the foundation actively contributes to the town's community events, such as the Welcome Center, arts and culture programs, erosion control projects, and maintenance of the lighthouse. Furthermore, the foundation extends its support to local charitable organizations by offering grants. Additionally, the Dauphin Island Foundation provides educational resources and funds for 501C(3) organizations within its community. The foundation also manages the Bird Sanctuary, ensuring the preservation of the island's avian wildlife. Overall, the Dauphin Island Foundation's mission is to serve its community by fostering collaboration, protecting the environment, and promoting projects that improve life on the island.
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Impact
August, 2024
The Dauphin Island Foundation plays a crucial role in fostering communication and collaboration among various entities on Dauphin Island, Alabama. Through its efforts, the organization works to protect the environment and implement projects that enhance the quality of life on the island. Some of the impactful initiatives supported by the foundation include maintaining a welcome center, promoting arts and culture, erosion control efforts, bird sanctuary conservation, lighthouse maintenance, providing grants to local 501(c)(3) organizations, and supporting education in the community. These programs contribute significantly to the sustainability and prosperity of Dauphin Island and its residents.
This information is meant to be a general summary of Dauphin Island 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: $85
- Gross Receipts: $73,969
Assets and Liabilities:
- Total Assets: $4,727,317
- Total Liabilities: $3,872,750
- Net Assets: $854,567
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Organization Details
Founding Year
1991
Phone
(251) 861-7412Principal Officer
Bill Edwards
Main Address
POST OFFICE BOX 946, DAUPHIN ISLAND, AL, 36528
Website
www.difoundation.org/NTEE Category
Code: Z99Z - Unknown
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