Overview
What is David Toms Charitable Foundation Inc?
The David Toms Charitable Foundation Inc, located in Shreveport, Louisiana, was a nonprofit organization dedicated to uplifting at-risk children. Prior to its winding down phase, the foundation's mission encompassed building a state-of-the-art golf practice and youth academy. The academy aimed to instill values such as integrity, sportsmanship, and responsibility in children, thereby boosting their self-esteem and improving their life skills. Additionally, the foundation extended its support to underprivileged, abused, and abandoned children by funding programs geared towards enhancing their character, self-esteem, and career possibilities.
Official website here: www.davidtomsfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 23%, Zero-Star out of Four Star rating
The David Toms Charitable Foundation Inc. has received a low rating of 23% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The score reflects a lack of independent board members, as none of the ten board members are independent, which raises questions about governance and oversight.
While the organization has shown compliance in some areas, such as having a conflict of interest policy and documenting board meeting minutes, it notably lacks a whistleblower policy and has not provided essential documentation like their tax form on its website. Additionally, the financial metrics reveal troubling ratios, including a low program expense ratio of 17.34%, suggesting that a minimal portion of its expenditures is directed towards its charitable programs.
Overall, the rating signals that the David Toms Charitable Foundation Inc. struggles with transparency and governance issues, which may impact its effectiveness and public trust. Potential donors should carefully consider these factors when evaluating their support for this organization.
This AI summary has been generated from information found on Charity Navigator.
Is David Toms Charitable Foundation Inc legitimate?
David Toms Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. David Toms Charitable 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: $0
For more financial information, click here
Official website here: www.davidtomsfoundation.com
What is the mission statement of David Toms Charitable Foundation Inc?
Before its winding down phase, David Toms Charitable Foundation's mission was to offer opportunities for at-risk children, both boys and girls. The foundation constructed a state-of-the-art golf practice and youth academy. The academy aimed to boost self-esteem and enhance children's life skills by instilling values such as integrity, sportsmanship, and responsibility. Furthermore, the foundation supported underprivileged, abused, and abandoned children through funding programs. These programs were designed to enhance a child's character, self-esteem, and career possibilities.
Official website here: www.davidtomsfoundation.com
Who is the CEO of David Toms Charitable Foundation Inc?
Sonya Toms is the President of David Toms Charitable Foundation Inc.
Official website here: www.davidtomsfoundation.com
What is the revenue of David Toms Charitable Foundation Inc?
David Toms Charitable Foundation Inc's revenue in 2022 was $74,625.
Official website here: www.davidtomsfoundation.com
Who are the executives of David Toms Charitable Foundation Inc and what are their salaries?
There 2 volunteers at David Toms Charitable Foundation Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.davidtomsfoundation.com
Where can I find the form 990 for David Toms Charitable Foundation Inc?
David Toms Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.davidtomsfoundation.com
Learn more at the official website: www.davidtomsfoundation.com
Mission Statement of David Toms Charitable Foundation Inc
The David Toms Charitable Foundation Inc, prior to its winding down phase, had a mission to provide opportunities for at-risk boys and girls. The foundation established a state-of-the-art golf practice and youth academy, aiming to enhance self-esteem and improve children's life skills. The academy emphasized teaching values such as integrity, sportsmanship, and responsibility. Beyond the golf academy, the foundation also aided underprivileged, abused, and abandoned children through funding programs. These programs were designed to strengthen a child's character, boost their self-esteem, and expand their career possibilities.
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Impact
August, 2024
David Toms Charitable Foundation Inc has had a significant impact on at-risk boys and girls through its state-of-the-art golf practice and youth academy. The foundation's programs have focused on increasing self-esteem, improving life skills, and teaching values like integrity and responsibility. Additionally, it has provided support to underprivileged, abused, and abandoned children to enhance their character, self-esteem, and career possibilities. This philanthropic work has made a positive difference in the lives of many children and communities.
This information is meant to be a general summary of David Toms Charitable 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: $63,479
- Gross Receipts: $74,625
Assets and Liabilities:
- Total Assets: $883
- Total Liabilities: $202,899
- Net Assets: -$202,016
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Organization Details
Founding Year
2005
Phone
(318) 470-3712Principal Officer
Sonya Toms
Main Address
6606 GILBERT DRIVE, SHREVEPORT, LA, 71106
Website
www.davidtomsfoundation.comNTEE Category
Code: T22 - Philanthropy
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