Overview
What is Southside United Methodist Church Foundation Inc?
Southside United Methodist Church Foundation Inc is a charitable organization situated in Jacksonville, Florida, specifically at 3120 Hendricks Avenue. Its primary purpose is to assist qualified individuals in covering their educational expenses within recognized educational programs or institutions. The foundation was established to manage funds for specified purposes that contribute to the ongoing operations of Southside United Methodist Church. Beyond educational funding, it also provides financial support for maintaining church facilities and other specified programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Score: 73%)
The Southside United Methodist Church Foundation Inc has received a mixed evaluation, highlighted by its two-star rating from Charity Navigator. While the organization excels in areas such as Accountability and Finance, scoring a perfect 100%, there are several notable deficiencies that impact its overall assessment. The foundation has a strong independent board, evidenced by its perfect scores in both the majority of independent board members and independent board size.
Despite these strengths, the organization faces significant challenges in governance and transparency. Key policies, including those addressing conflicts of interest, whistleblower protections, and document retention, are missing, which has resulted in zero points in those areas. Additionally, the foundation has not posted its tax form on its website, further hindering transparency, as indicated by its score of zero in that category.
Overall, while the Southside United Methodist Church Foundation demonstrates strong financial management, the lack of essential policies and public documentation raises questions about its governance practices, suggesting a need for improvement in these critical areas to enhance trust and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Southside United Methodist Church Foundation Inc legitimate?
Southside United Methodist Church Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southside United Methodist Church 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Southside United Methodist Church Foundation Inc?
The Southside United Methodist Church Foundation Inc was instituted with the purpose of managing funds for specific objectives related to the church's ongoing operations. Its primary mission is to provide financial assistance for education and offer funding for facility maintenance, as well as other specified programs and operations within the Southside United Methodist Church. The foundation aids qualified individuals by contributing towards their educational expenses in recognized educational institutions or programs.
Who is the CEO of Southside United Methodist Church Foundation Inc?
Scott Brannock is the Trustee of Southside United Methodist Church Foundation Inc.
What is the revenue of Southside United Methodist Church Foundation Inc?
Southside United Methodist Church Foundation Inc's revenue in 2022 was $7,031.
Who are the executives of Southside United Methodist Church Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Southside United Methodist Church Foundation Inc?
Southside United Methodist Church Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southside United Methodist Church Foundation Inc
Southside United Methodist Church Foundation Inc was established with a mission to administer funds for specific purposes that contribute to the ongoing operations of Southside United Methodist Church. This nonprofit organization's primary goal is to provide educational funding assistance to qualified individuals, helping them cover the costs associated with attending an established educational program or institution. Additionally, the foundation supports the maintenance of facilities and other specified programs and operations of Southside United Methodist Church, ensuring the church's continuity and growth. By providing financial aid and supporting essential operations, Southside United Methodist Church Foundation Inc contributes to the overall success and well-being of the church community.
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Impact
August, 2024
Southside United Methodist Church Foundation Inc's impact lies in its ability to support qualified individuals by providing educational funding assistance. By underwriting educational costs in established programs and institutions, the foundation contributes to the educational advancement of individuals in need. Additionally, the foundation plays a crucial role in funding the maintenance of facilities and supporting various programs and operations of Southside United Methodist Church. Through these efforts, the foundation significantly contributes to the overall educational and operational success of the church and the community it serves.
This information is meant to be a general summary of Southside United Methodist Church 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: $7,031
- Gross Receipts: $7,031
Assets and Liabilities:
- Total Assets: $756,988
- Total Liabilities: $0
- Net Assets: $756,988
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Organization Details
Founding Year
1983
Phone
(904) 396-2676Principal Officer
Scott Brannock
Main Address
3120 HENDRICKS AVENUE, JACKSONVILLE, FL, 32207
NTEE Category
Code: X20 - Religion related
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