Overview
What is Bluegrass Tomorrow Inc?
Bluegrass Tomorrow Inc is a nonprofit organization situated in the Bluegrass region, serving 18 counties. Their primary objective is to foster collaboration between private and public citizens, aiming to address challenges in various domains such as land use, education, conservation, preservation, and enhancing the overall quality of life. Their mission is to enhance the region's economic development while improving the local community's well-being. Through their efforts, they aim to create sustainable solutions that benefit both the environment and the region's residents.
Official website here: www.bluegrasstomorrow.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating)
Bluegrass Tomorrow Inc has received a rating of 63%, indicating a need for improvement in its operations and financial management. The organization has achieved a perfect score for having a fully independent board and demonstrates transparency by listing its website on tax forms and having a conflict of interest policy in place. Additionally, there are no instances of material diversion of assets, which reflects positively on its governance practices.
However, the nonprofit's financial performance raises concerns, particularly its liabilities to assets ratio of 143.63%, which could indicate potential financial instability. The program expense ratio is at 60.62%, suggesting that a significant portion of its budget is allocated to programming, yet this figure is relatively low compared to industry standards. The salary of the Executive Director, Robert F Rumpke, at $112,282, may also draw scrutiny in light of the organization's overall financial health.
While Bluegrass Tomorrow Inc demonstrates strengths in governance and accountability, the financial metrics suggest areas that need addressing to enhance sustainability and trust among donors and stakeholders. Continuous improvement in these areas will be crucial for the organization to move towards a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Bluegrass Tomorrow Inc legitimate?
Bluegrass Tomorrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bluegrass Tomorrow Inc submitted a form 990EZ, 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.
Official website here: www.bluegrasstomorrow.org
What is the mission statement of Bluegrass Tomorrow Inc?
Bluegrass Tomorrow Inc, a organization serving an 18-county region, aims to unite both private and public citizens with a mission to improve the quality of life and promote economic development. Their activities focus on addressing issues related to land use, education, conservation, preservation, and overall quality of life. The organization's mission is centered around enhancing the region's well-being, striving to find solutions that contribute to its sustainable growth and development.
Official website here: www.bluegrasstomorrow.org
Who is the CEO of Bluegrass Tomorrow Inc?
Robert F Rumpke is the Executive Director of Bluegrass Tomorrow Inc.
Official website here: www.bluegrasstomorrow.org
What is the revenue of Bluegrass Tomorrow Inc?
Bluegrass Tomorrow Inc's revenue in 2022 was $150,204.
Official website here: www.bluegrasstomorrow.org
Who are the executives of Bluegrass Tomorrow Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $112,282
- Related: $0
- Other: $0
Official website here: www.bluegrasstomorrow.org
Where can I find the form 990EZ for Bluegrass Tomorrow Inc?
Bluegrass Tomorrow Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.bluegrasstomorrow.org
Learn more at the official website: www.bluegrasstomorrow.org
Mission Statement of Bluegrass Tomorrow Inc
Bluegrass Tomorrow Inc, a unifying organization, brings together private and public citizens in their 18-county region, with a shared goal of enhancing quality of life and fostering economic development. Its mission is multifaceted, encompassing various aspects such as land use, education, conservation, preservation, and overall improvement of the community. By uniting diverse individuals and entities, Bluegrass Tomorrow Inc aims to tackle these challenges and contribute positively to the region it serves.
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Impact
October, 2024
Bluegrass Tomorrow Inc significantly enhances the quality of life and fosters economic development across the 18-county Bluegrass region by bringing together private and public citizens to address critical issues such as land use, education, conservation, and preservation. Through collaboration and innovative solutions, the organization plays a vital role in shaping sustainable communities and promoting responsible land management. This collective effort not only improves the environment but also enriches the social and economic fabric of the area, ensuring a vibrant future for residents and local businesses alike. By uniting diverse stakeholders, Bluegrass Tomorrow Inc cultivates a sense of shared responsibility and vision, ultimately contributing to a more resilient and prosperous Bluegrass region.
This information is meant to be a general summary of Bluegrass Tomorrow 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.
- Program Service Revenue: $57,091
- Gross Receipts: $154,872
Assets and Liabilities:
- Total Assets: $17,891
- Total Liabilities: $22,166
- Net Assets: -$4,275
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Organization Details
Principal Officer
Robert F Rumpke
Main Address
PO BOX 34185, LEXINGTON, KY, 40588
Website
www.bluegrasstomorrow.orgNTEE Category
Code: S210 - Community improvement
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