Overview
What is Dollar General Literacy Foundation?
The Dollar General Literacy Foundation is a nonprofit organization headquartered at 100 Mission Ridge, Goodlettsville, Tennessee, 37072. Their primary focus is granting funds to other charitable organizations across the United States that carry out literacy programs. By providing these basic education grants, the Dollar General Literacy Foundation empowers individuals, ultimately positioning them for success and excellence in their endeavors.
Official website here: www2.dollargeneral.com/dgliteracy
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Dollar General Literacy Foundation has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in terms of accountability and financial management. With an overall score of 82%, the foundation excels particularly in its financial statements and oversight measures, scoring perfectly on aspects such as board meeting documentation and asset management. The foundation showcases a commitment to transparency, having no reported material diversion of assets and maintaining a clear conflict of interest policy.
In terms of program efficiency, the foundation demonstrates a high program expense ratio of 95.66%, indicating that a significant portion of its expenditures directly supports its literacy initiatives. Additionally, the organization's liabilities to assets ratio is notably low at 1.49%, suggesting a healthy financial position. However, the fundraising efficiency ratio is quite low at $0.002, highlighting a potential area for improvement in fundraising strategies.
While the salaries of key personnel may raise questions about compensation levels, they are in line with industry standards for leadership roles in nonprofits. Overall, the Dollar General Literacy Foundation appears to be a well-managed organization focused on its mission to promote literacy, though there is room to enhance its fundraising effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Dollar General Literacy Foundation legitimate?
Dollar General Literacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dollar General Literacy Foundation 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
Official website here: www2.dollargeneral.com/dgliteracy
What is the mission statement of Dollar General Literacy Foundation?
The Dollar General Literacy Foundation is dedicated to serving others by providing basic education grants. This mission places individuals in a position to excel through literacy programs offered by various charitable organizations across the United States. The foundation's primary focus is on grant funding for initiatives that enhance literacy skills, ensuring a stronger foundation for future learning and personal growth. By investing in education, the Dollar General Literacy Foundation is making a significant impact on the lives of countless individuals, fostering a more literate and knowledgeable society.
Official website here: www2.dollargeneral.com/dgliteracy
Who is the CEO of Dollar General Literacy Foundation?
Anita Elliott is the Director of Dollar General Literacy Foundation.
Official website here: www2.dollargeneral.com/dgliteracy
What is the revenue of Dollar General Literacy Foundation?
Dollar General Literacy Foundation's revenue in 2023 was $17,706,661.
Official website here: www2.dollargeneral.com/dgliteracy
Who are the executives of Dollar General Literacy Foundation and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $647,514
- Related: $0
- Other: $0
- Compensation: $565,137
- Related: $0
- Other: $0
- Compensation: $298,346
- Related: $0
- Other: $0
- Compensation: $251,332
- Related: $0
- Other: $0
- Compensation: $392,515
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,391,720
- Related: $0
- Other: $0
- Compensation: $438,674
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www2.dollargeneral.com/dgliteracy
Where can I find the form 990 for Dollar General Literacy Foundation?
Dollar General Literacy Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www2.dollargeneral.com/dgliteracy
Learn more at the official website: www2.dollargeneral.com/dgliteracy
Mission Statement of Dollar General Literacy Foundation
The Dollar General Literacy Foundation is a philanthropic organization that strives to make a difference through basic education grants. By positioning individuals for excellence, this foundation serves others and invests in literacy programs across the United States. The mission of the Dollar General Literacy Foundation is centered around the belief that education is the key to unlocking a person's full potential.
To fulfill this mission, the Dollar General Literacy Foundation extends grants to various charitable organizations. These organizations, in turn, engage in literacy initiatives aimed at improving the lives of individuals in their communities. By supporting these literacy programs, the Dollar General Literacy Foundation plays a crucial role in expanding access to educational resources and fostering a love for learning. Through its grant-making efforts, the foundation empowers individuals, families, and entire communities, setting them on the path to a brighter future.
In essence, the Dollar General Literacy Foundation is fueling the power of knowledge and literacy. By providing essential resources to those in need, the foundation is helping to build a stronger, more literate society where every person has the opportunity to succeed.
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Impact
October, 2024
The Dollar General Literacy Foundation has a significant impact on improving literacy levels across the United States by providing basic education grants to charitable organizations engaged in literacy programs. His mission focuses on enabling individuals to achieve excellence through education. By supporting various initiatives that enhance literacy, the foundation helps position people for better opportunities and brighter futures. Its efforts contribute to creating a more educated society, ultimately fostering economic growth and personal development within communities. The foundation's initiatives are especially vital in underserved areas, where access to literacy resources can be limited, helping to empower individuals with essential skills for personal and professional success.
This information is meant to be a general summary of Dollar General Literacy Foundation. 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: $1,374,804
- Gross Receipts: $19,069,945
Assets and Liabilities:
- Total Assets: $55,098,689
- Total Liabilities: $824,000
- Net Assets: $54,274,689
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Organization Details
Founding Year
1993
Phone
(615) 855-5208Principal Officer
Anita Elliott
Main Address
100 MISSION RIDGE, GOODLETTSVILLE, TN, 37072
NTEE Category
Code: B92Z - Education
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