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Community Foundation Of Northwest Florida Inc

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

EIN: 593371653 ✦ Pensacola, FL ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation Of Northwest Florida Inc?

The Community Foundation of Northwest Florida Inc, located at 17 West Cedar Street Suite 2, Pensacola, FL 32502, is a nonprofit organization with a dedicated workforce of one individual. Their mission is to enrich lives and strengthen the communities they serve. They achieve this by distributing earnings from investment funds and pass-through gifts to a diverse range of charitable organizations. These organizations span various sectors such as arts and humanities, community building, education, children, health, and areas of particular interest to individual donors. By supporting these nonprofits, the Community Foundation of Northwest Florida Inc plays a significant role in fostering growth and development within its community.


Official website here: www.cfnwf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Stars

The Community Foundation of Northwest Florida Inc has achieved an exceptional rating of 100%, reflecting its strong performance in accountability and finance. This high rating indicates that the organization effectively manages its resources and maintains transparency, which is crucial for building trust with donors and the community it serves.

One of the foundation's notable strengths is its governance structure, with a board composed entirely of independent members, ensuring that decision-making is free from conflicts of interest. Additionally, the foundation demonstrates a remarkable program expense ratio of 90.75%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. This efficient allocation of resources is commendable and enhances the organization's impact.

While the organization has attained an excellent rating, it's important for potential donors to consider not just the financial metrics but also the foundation's mission and programs. Overall, the Community Foundation of Northwest Florida Inc appears to be a well-managed and transparent nonprofit that effectively serves its community.


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

Is Community Foundation Of Northwest Florida Inc legitimate?

Community Foundation Of Northwest Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Northwest Florida 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: $40,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cfnwf.org

What is the mission statement of Community Foundation Of Northwest Florida Inc?

The Community Foundation of Northwest Florida Inc's mission is centered around enhancing lives and strengthening the communities it serves. Through its operations, the foundation distributes earnings from investment funds and pass-through gifts to a variety of non-profit charitable organizations. These organizations operate in sectors such as arts and humanities, community building, education, children's welfare, health, and areas of specific interest to individual donors. The foundation's goal is to positively impact these communities and the lives of those within them.


Official website here: www.cfnwf.org

Who is the CEO of Community Foundation Of Northwest Florida Inc?

Katie White is the Director of Community Foundation Of Northwest Florida Inc.


Official website here: www.cfnwf.org

What is the revenue of Community Foundation Of Northwest Florida Inc?

Community Foundation Of Northwest Florida Inc's revenue in 2022 was $539,966.


Official website here: www.cfnwf.org

Who are the executives of Community Foundation Of Northwest Florida Inc and what are their salaries?

The average compensation at Community Foundation Of Northwest Florida Inc during 2022 was $40,555. There is 1 employee at Community Foundation Of Northwest Florida Inc.


Here are 10 key members and their salaries:


Amelia Strom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie White (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kramer Litvak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecelia Nanni (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicky Kanis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pierce Broscious (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preston Forshee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Tucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzie West (Executive Director)
  • Compensation: $40,556
  • Related: $0
  • Other: $0


Official website here: www.cfnwf.org

Where can I find the form 990 for Community Foundation Of Northwest Florida Inc?

Community Foundation Of Northwest Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cfnwf.org

Learn more at the official website: www.cfnwf.org

Mission Statement of Community Foundation Of Northwest Florida Inc

The Community Foundation of Northwest Florida, as its mission statement suggests, is dedicated to enriching lives and strengthening the communities it serves. This esteemed organization accomplishes this by distributing earnings from investment funds and pass-through gifts to a diverse array of charitable non-profit organizations. These organizations span various sectors, including arts and humanities, community building, education, children's welfare, and health, among others. Furthermore, the foundation often takes into account the specific interests of individual donors. By supporting these organizations, the Community Foundation of Northwest Florida aims to foster growth and improvement within its communities, ultimately contributing to a better quality of life for its residents.

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Impact




July, 2024

The impact of the Community Foundation of Northwest Florida Inc can be seen in its efforts to enrich lives and strengthen the communities it serves in Pensacola, FL. By distributing earnings from investment funds and pass-through gifts to a diverse range of nonprofit charitable organizations, including those focused on arts and humanities, community building, education, children, health, and other areas of particular interest to individual donors, the foundation plays a vital role in supporting and enhancing the well-being of the community. Through its philanthropic activities, the Community Foundation of Northwest Florida Inc contributes to the betterment of society and helps address various social challenges, ultimately making a positive difference in the lives of many individuals and families in the region.




This information is meant to be a general summary of Community Foundation Of Northwest Florida 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.

Revenue
$539,966 (2022)
Expenses
$1,077,188 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $399,864
  • Gross Receipts: $2,328,122

Assets and Liabilities:

  • Total Assets: $4,124,269
  • Total Liabilities: $0
  • Net Assets: $4,124,269

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Organization Details

Founding Year

1997

Principal Officer

Katie White

Main Address

17 WEST CEDAR STREET SUITE 2, PENSACOLA, FL, 32502

NTEE Category

Code: T31 - Philanthropy

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