Overview
What is Greater Kingsport Boys & Girls Club Foundation?
The Greater Kingsport Boys & Girls Club Foundation is a charitable organization, headquartered at 1 Positive Place, Kingsport, Tennessee 37660. The primary objective of this nonprofit entity is to aid and promote the goals of the Boys & Girls Club of Greater Kingsport, Inc. through various means, both financial and non-financial. While the exact nature of these goals is not specified in the provided information, it's safe to infer that they likely involve empowering and improving the lives of young people in the community. The Foundation's mission remains dedicated to supporting the work of the Boys & Girls Club of Greater Kingsport, Inc. in their endeavors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%
The Greater Kingsport Boys & Girls Club Foundation has received a One-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 54%. This score is based entirely on its Accountability & Finance metrics, indicating significant room for improvement in financial health and transparency. The rating highlights the importance of strong financial management in fostering donor trust and organizational sustainability.
The organization demonstrates several strengths in governance, with a fully independent board and no material diversion of assets noted. Additionally, it has established policies in place, including a conflict of interest policy and a whistleblower policy, both of which are crucial for maintaining accountability. However, the organization faces challenges in its financial performance, particularly regarding its program expenses, which account for only 35.40% of its total expenditures.
Notably, the foundation's tax form is unavailable on its website, which affects transparency and accountability in the eyes of potential donors. Furthermore, the financial ratios indicate a lack of liabilities, but this is coupled with a low program expense ratio, suggesting that funds may not be efficiently utilized for programs. The organization needs to address these financial aspects to enhance its rating and improve its service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Kingsport Boys & Girls Club Foundation legitimate?
Greater Kingsport Boys & Girls Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Kingsport Boys & Girls Club 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Greater Kingsport Boys & Girls Club Foundation?
The Greater Kingsport Boys & Girls Club Foundation aims to assist and promote the objectives of the Boys & Girls Club of Greater Kingsport, Inc., through both financial and non-financial means. Their mission is centered around supporting the primary purpose and activities of this youth organization. This assistance is crucial in enabling the Boys & Girls Club of Greater Kingsport, Inc., to fulfill its role in positively impacting the lives of young individuals in its community.
Who is the CEO of Greater Kingsport Boys & Girls Club Foundation?
Frank Buck is the Executive Director of Greater Kingsport Boys & Girls Club Foundation.
What is the revenue of Greater Kingsport Boys & Girls Club Foundation?
Greater Kingsport Boys & Girls Club Foundation's revenue in 2022 was $49,937.
Who are the executives of Greater Kingsport Boys & Girls Club Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Greater Kingsport Boys & Girls Club Foundation?
Greater Kingsport Boys & Girls Club Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greater Kingsport Boys & Girls Club Foundation
The Greater Kingsport Boys & Girls Club Foundation is committed to supporting and advancing the objectives of the Boys & Girls Club of Greater Kingsport, Inc., in a multifaceted manner. Through financial contributions and various means, this nonprofit organization aims to reinforce and amplify the impact of this youth-focused organization. By doing so, the Greater Kingsport Boys & Girls Club Foundation plays a crucial role in enhancing the positive influence that the Boys & Girls Club of Greater Kingsport, Inc. has on the local community.
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Impact
October, 2024
The Greater Kingsport Boys & Girls Club Foundation plays a vital role in enhancing the lives of youth in Kingsport, TN. By providing financial support and resources, it strengthens the programs of the Boys & Girls Club of Greater Kingsport, Inc. This foundation ensures that children and teens in the community have access to essential services, enriching activities, and mentorship that foster personal growth and development. Through its focused efforts, the foundation promotes positive outcomes, helping young people explore their potential, build self-confidence, and develop essential life skills. Ultimately, its impact resonates throughout the community, nurturing the next generation of leaders and engaged citizens.
This information is meant to be a general summary of Greater Kingsport Boys & Girls Club 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 2022.
- Investment Income: $37,533
- Gross Receipts: $59,233
Assets and Liabilities:
- Total Assets: $1,148,886
- Total Liabilities: $0
- Net Assets: $1,148,886
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Organization Details
Founding Year
1997
Principal Officer
Frank Buck
Main Address
1 Positive Place, Kingsport, TN, 37660
NTEE Category
Code: T70Z - Philanthropy
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