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Spirit Of America Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 582031848 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

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Overview

What is Spirit Of America Foundation?

The Spirit of America Foundation is a nonprofit organization that specializes in delivering educational and motivational talks at various events, such as conventions, high school assemblies, and local church gatherings. Their mission extends beyond spoken words, as they distribute informative materials like books, videos, and t-shirts to attendees, aiming to inspire and educate thousands of individuals, particularly students. Their outreach efforts have resulted in the dissemination of numerous information packets, furthering their cause.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

The Spirit Of America Foundation has received an 86% rating from Charity Navigator, which translates to a Three-Star designation. This score reflects a strong emphasis on accountability and financial health, with the organization excelling in critical areas such as independent board governance and financial oversight. The foundation boasts a 100% independent board and maintains a high program expense ratio of 91.47%, indicating a significant portion of its resources is directed towards its mission.

The organization demonstrates robust financial practices, showing no material diversion of assets and maintaining a perfect score in its liabilities to assets ratio. Furthermore, the presence of a conflict of interest policy and documented board meeting minutes highlights its commitment to transparency and accountability.

While the rating is commendable, it is derived solely from the Accountability & Finance beacon, which may not fully capture other dimensions of the organization’s performance, such as its impact and effectiveness in program delivery. However, the high scores in relevant categories suggest a solid financial foundation and governance structure.


This AI summary has been generated from information found on Charity Navigator.

Is Spirit Of America Foundation legitimate?

Spirit Of America Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spirit Of America 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: $174,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Spirit Of America Foundation?

The Spirit of America Foundation's mission lies in delivering educational and motivational messages to various audiences. They achieve this by delivering speeches at conventions, high school assemblies, and local church groups. Their outreach extends beyond verbal communication, as they distribute informative materials such as books, videos, and t-shirts to students, thereby impacting thousands of lives. In essence, the foundation aims to inspire and educate, fostering personal growth and development among its recipients.

Who is the CEO of Spirit Of America Foundation?

Dean Sikes is the President of Spirit Of America Foundation.

What is the revenue of Spirit Of America Foundation?

Spirit Of America Foundation's revenue in 2022 was $1,269,709.

Who are the executives of Spirit Of America Foundation and what are their salaries?

The average compensation at Spirit Of America Foundation during 2022 was $174,000. There is 1 employee at Spirit Of America Foundation.


Here are 5 key members and their salaries:


Dean Sikes (President)
  • Compensation: $199,488
  • Related: $0
  • Other: $161,885
Paul Loftin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Pope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Turner (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Spirit Of America Foundation?

Spirit Of America Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Spirit Of America Foundation

The Spirit of America Foundation, as an organization, is dedicated to delivering educational and motivational speeches. They target a wide audience, including conventions, high school assemblies, and local church groups. Their mission is to inspire and enlighten individuals through the distribution of various resources such as information packets, books, videos, and t-shirts. The Spirit of America Foundation has successfully reached and influenced thousands of people with these tools, aiming to spread motivation and knowledge to the communities they engage with.

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Impact




July, 2024

Spirit Of America Foundation's impact lies in its dedication to providing educational and motivational speeches that reach thousands of individuals through various platforms such as conventions, high school assemblies, and local church groups. By distributing information packets, books, videos, and t-shirts to students, they actively engage and inspire the youth, making a significant contribution to their development. This organization's efforts have had a tangible effect on shaping the attitudes and perspectives of the community, particularly in Chattanooga, Tennessee.




This information is meant to be a general summary of Spirit Of America 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.

Revenue
$1,269,709 (2022)
Expenses
$1,439,883 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $119
  • Gross Receipts: $1,278,120

Assets and Liabilities:

  • Total Assets: $1,856,926
  • Total Liabilities: $0
  • Net Assets: $1,856,926

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Organization Details

Founding Year

1993

Principal Officer

Dean Sikes

Main Address

PO Box 8915, Chattanooga, TN, 37414

NTEE Category

Code: O50 - Youth development

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