Overview
What is Community Foundation Of South Lake County Inc?
Community Foundation of South Lake County Inc is a nonprofit organization located in Clermont, Florida, with a ZIP code of 34711. They are dedicated to community development, providing grants that benefit the residents of South Lake County. Their mission revolves around connecting resources and promoting intentional philanthropic giving, aiming to serve their community effectively. With a team of three dedicated individuals, they strive to make a positive impact in the local area.
Official website here: www.cfslc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star rating
The Community Foundation of South Lake County Inc has achieved a perfect score of 100%, earning a prestigious Four-Star rating from Charity Navigator. This rating reflects the organization’s exceptional performance in accountability and finance, indicating that it adheres to high standards in transparency, governance, and financial management.
Strengths of the foundation include an entirely independent board, strong oversight with 100% of its board members being independent, and excellent financial ratios, which demonstrate a commitment to responsible resource management. Their program expense ratio of 88.10% indicates that the majority of their spending directly supports their mission, which is a notable positive aspect for donors and stakeholders.
There are no significant limitations or concerns noted in the data, suggesting that the Community Foundation of South Lake County Inc operates with a high level of integrity and effectiveness. The comprehensive policies in place for conflicts of interest, whistleblowing, and document retention further enhance their credibility and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Community Foundation Of South Lake County Inc?
88% of 45 reviewers on Facebook recommend the Community Foundation of South Lake County. Here is a summary of their reviews:
The Community Foundation has received positive remarks, with many highlighting its impactful initiatives within the local community. Reviewers appreciate the foundation's efforts and the tangible benefits it has brought to residents, suggesting a strong alignment with its mission to enhance the quality of life for those it serves.
Overall, the sentiment towards the foundation is favorable, indicating that it successfully meets the expectations of its supporters and contributes significantly to community development.
This AI summary has been generated from reviews found on Facebook.
Is Community Foundation Of South Lake County Inc legitimate?
Community Foundation Of South Lake County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of South Lake County 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: $221,816
For more financial information, click here
Official website here: www.cfslc.org
What is the mission statement of Community Foundation Of South Lake County Inc?
The Community Foundation of South Lake County Inc's mission is centered around serving their community. They achieve this by facilitating the connection of resources and encouraging intentional philanthropic giving. Their primary activity involves providing community development grants, benefiting the residents of South Lake County, Florida. The foundation's mission is geared towards enhancing the community's well-being through thoughtful philanthropic ventures.
Official website here: www.cfslc.org
What is the revenue of Community Foundation Of South Lake County Inc?
Community Foundation Of South Lake County Inc's revenue in 2023 was $1,689,296.
Official website here: www.cfslc.org
Who are the executives of Community Foundation Of South Lake County Inc and what are their salaries?
The average compensation at Community Foundation Of South Lake County Inc during 2023 was $110,908. There are 2 employees at Community Foundation Of South Lake County Inc.
Here are 11 key members and their salaries:
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Official website here: www.cfslc.org
Where can I find the form 990 for Community Foundation Of South Lake County Inc?
Community Foundation Of South Lake County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cfslc.org
Learn more at the official website: www.cfslc.org
Mission Statement of Community Foundation Of South Lake County Inc
The Community Foundation of South Lake County Inc is dedicated to serving its community by facilitating the connection of resources and intentional philanthropic giving. Their mission is centered around this concept, aiming to make a positive impact on the lives of South Lake County, Florida residents. Through their initiatives, they focus on community development grants, channeling resources towards projects and programs that benefit the local community. By engaging in intentional philanthropic giving, the Community Foundation of South Lake County Inc works towards improving the well-being of its community members, fostering a sense of unity and progress.
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Impact
July, 2024
Community Foundation Of South Lake County Inc's impact can be seen in the transformation of South Lake County, Florida through the connecting of resources and intentional philanthropic giving. By providing community development grants, this organization has positively impacted the lives of local residents, contributing to the overall well-being and growth of the community. Their mission of serving the community through philanthropy has made a tangible difference in South Lake County, creating a more vibrant and supportive environment for all who call it home.
This information is meant to be a general summary of Community Foundation Of South Lake County 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 2023.
- Investment Income: $951,721
- Gross Receipts: $1,691,329
Assets and Liabilities:
- Total Assets: $16,635,104
- Total Liabilities: $785,755
- Net Assets: $15,849,349
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Organization Details
Founding Year
1995
Principal Officer
Laura Michalski
Website
www.cfslc.orgNTEE Category
Code: T31 - Philanthropy
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