Overview
What is Tennessee Trucking Foundation Inc?
The Tennessee Trucking Foundation is a nonprofit organization with a mission to enhance public understanding of the trucking industry. They achieve this by implementing educational initiatives, such as the "No zone tractor/trailer" program, which helps people recognize blind spots on large vehicles. Furthermore, the foundation supports various not-for-profit charities by making allocations to them. Overall, the Tennessee Trucking Foundation's primary focus is on promoting safety and education within the trucking industry for the betterment of the public.
Official website here: www.tntrucking.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star Rating
The Tennessee Trucking Foundation Inc received a one-star rating from Charity Navigator, indicating serious issues in its accountability and financial performance. Although the organization has a fully independent board and adheres to several good governance policies, it falls short in key financial metrics like the program expense ratio, which stands at only 49.29%. This suggests that a significant portion of the funds may not be directed towards its programs.
The foundation has demonstrated strengths in areas such as its commitment to transparency, with proper documentation for board meeting minutes and listed policies on conflict of interest and whistleblower protections. However, the absence of its tax form on the nonprofit's website raises concerns about transparency and accessibility of financial information to potential donors and stakeholders.
Moreover, the liabilities to assets ratio is alarmingly low at 0.31%, reflecting potential financial instability. Overall, while the organization meets some governance standards, its financial practices warrant serious scrutiny, which contributed to its low overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Tennessee Trucking Foundation Inc legitimate?
Tennessee Trucking Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Trucking 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.
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Official website here: www.tntrucking.org/foundation
What is the mission statement of Tennessee Trucking Foundation Inc?
The Tennessee Trucking Foundation's mission is centered around promoting education and understanding of the trucking industry. It strives to benefit the public by advancing knowledge in this field. One of their notable initiatives is a state highway safety program titled "No zone tractor/trailer," which aims to educate people about the blind spots on large trucks. Furthermore, the foundation also provides allocations for not-for-profit charities.
Official website here: www.tntrucking.org/foundation
Who is the CEO of Tennessee Trucking Foundation Inc?
Donna England is the Director of Tennessee Trucking Foundation Inc.
Official website here: www.tntrucking.org/foundation
What is the revenue of Tennessee Trucking Foundation Inc?
Tennessee Trucking Foundation Inc's revenue in 2022 was $529,134.
Official website here: www.tntrucking.org/foundation
Who are the executives of Tennessee Trucking Foundation Inc and what are their salaries?
There 30 volunteers at Tennessee Trucking Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.tntrucking.org/foundation
Where can I find the form 990 for Tennessee Trucking Foundation Inc?
Tennessee Trucking Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tntrucking.org/foundation
Learn more at the official website: www.tntrucking.org/foundation
Mission Statement of Tennessee Trucking Foundation Inc
The Tennessee Trucking Foundation, a dedicated nonprofit entity, is committed to promoting education and enhancing public understanding of the trucking industry. Its primary objective is to serve the public's interest by providing insight into this vital sector. The organization implements a strategic program titled "No zone tractor/trailer" as part of its state highway safety initiative. This program aims to educate the general public about the blind spots that are prevalent on tractor-trailers, thereby enhancing road safety and reducing accidents. In addition to this, the Tennessee Trucking Foundation makes allocations to not-for-profit charities, further extending its reach and contributing to various societal causes.
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Impact
July, 2024
Tennessee Trucking Foundation Inc's impact lies in advancing education and learning about the trucking industry for the benefit of the public. Through initiatives like the "No zone tractor/trailer" program, the foundation educates people about blind spots on tractor-trailers, promoting highway safety. Additionally, by providing allocations for not-for-profit charities, the foundation contributes to various philanthropic causes. This multi-faceted approach not only enhances public awareness about the trucking industry but also demonstrates a commitment to promoting safety and supporting charitable endeavors.
This information is meant to be a general summary of Tennessee Trucking 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: $528
- Gross Receipts: $645,596
Assets and Liabilities:
- Total Assets: $1,032,521
- Total Liabilities: $3,300
- Net Assets: $1,029,221
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Organization Details
Founding Year
1992
Principal Officer
Donna England
Main Address
4531 TROUSDALE DRIVE, NASHVILLE, TN, 37204
NTEE Category
Code: T70 - Philanthropy
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