Overview
What is Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept?
The Centre College Columbarium Trust, managed by Farmers National Bank Trust Department, is a nonprofit organization situated in Danville, Kentucky. Its primary objective is to amass and disburse funds, which are utilized to preserve and enhance the Centre College Columbarium, a significant educational landmark. Operating as a fundraising and fund distribution entity, its mission is to provide continuous support for this essential site, ensuring its longevity and beauty.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 13%, Zero-Star out of Four Star rating.
The Centre College Columbarium Trust Farmers National Bank Trust Department has received a low rating of 13% from Charity Navigator, indicating serious concerns regarding its accountability and financial practices. The score is based solely on a beacon for Accountability & Finance, revealing significant areas of improvement needed for better governance and transparency.
Key strengths include the absence of material diversion of assets, which is a positive indicator of the charity's integrity. However, the organization suffers from critical shortcomings, such as having no independent board members, which raises concerns about its governance. Additionally, essential policies related to conflict of interest, whistleblower protection, and document retention are missing, further highlighting a lack of organizational transparency.
Overall, the Centre College Columbarium Trust faces notable challenges that impact its accountability. The absence of critical documentation and practices required for good governance suggests a need for substantial reforms to improve its rating and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept legitimate?
Centre College Columbarium Trust % Farmers Nat'L Bank Trust Dept is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centre College Columbarium Trust % Farmers Nat'L Bank Trust Dept 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
What is the mission statement of Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept?
The Centre College Columbarium Trust, overseen by the Farmers National Bank Trust Department, is committed to raising and distributing funds for the maintenance and enhancement of the Centre College Columbarium. This organization serves as a fundraising and distribution entity, with a mission to provide continuous support for this significant educational site. By doing so, they aim to preserve and enhance the beauty and importance of the Centre College Columbarium.
Who is the CEO of Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept?
Farmers National Bank Tru is the Principal Officer of Centre College Columbarium Trust % Farmers Nat'L Bank Trust Dept.
What is the revenue of Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept?
Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept's revenue in 2022 was $680.
Who are the executives of Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept and what are their salaries?
There is 1 key member and their salary:
- Compensation: $163
- Related: $0
- Other: $0
Where can I find the form 990 for Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept?
Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept
The Centre College Columbarium Trust, a nonprofit entity, is dedicated to providing financial support for the upkeep and improvement of the Centre College Columbarium. This educational site is of significant importance, and the trust aims to ensure its continued maintenance and enhancement. The organization serves as a fundraising and distribution entity, raising funds with the intention of reinvesting them back into the Centre College Columbarium. By doing so, the Centre College Columbarium Trust hopes to preserve this vital educational space for future generations.
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Impact
October, 2024
The Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept plays a crucial role in preserving and enhancing the Centre College Columbarium, an important educational site in Danville, KY. By raising and distributing funds, the Trust ensures that the columbarium is well-maintained and beautifully embellished, thereby contributing to the overall educational environment and experience at Centre College. Its ongoing support helps maintain the significance of this site, fostering a sense of heritage and respect for the institution's history. Through these efforts, the Trust not only sustains the physical integrity of the columbarium but also promotes a deeper appreciation for the educational values and memories it represents.
This information is meant to be a general summary of Centre College Columbarium Trust Farmers Nat'L Bank Trust Dept. 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: $680
- Gross Receipts: $680
Assets and Liabilities:
- Total Assets: $20,967
- Total Liabilities: $0
- Net Assets: $20,967
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Organization Details
Founding Year
2000
Phone
(859) 238-0670Principal Officer
Farmers National Bank Tru
Main Address
304 W MAIN ST, DANVILLE, KY, 40422
NTEE Category
Code: B12 - Education
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