Overview
What is Sequoyah Community Spirit Fund?
The Sequoyah Community Spirit Fund is a nonprofit organization situated in Chattanooga, Tennessee, specifically at 54 N Crest Road. Their primary mission is to engage in community outreach, providing aid to families in need, particularly those associated with the Soddy Daisy Headstart program. Their initiatives include organizing events such as a book drive for summer reading, hosting festive occasions like Easter and Christmas parties with gifts for children, and providing essentials like food, clothing, and financial assistance for utilities during challenging times. To further support these families, they offer assistance with housing needs and provide meals for special occasions, such as Thanksgiving and Christmas dinners, as well as offering Christmas gifts to families with Headstart children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Sequoyah Community Spirit Fund has achieved a solid score in several key areas, including a perfect Program Expense Ratio of 100%, indicating that all of its expenses are directed towards its programs. Their governance is strong, with a fully independent board, but several policies are lacking, which impacts their overall score.
While the organization excels in accountability measures like material diversion of assets and proper documentation of board meeting minutes, it has notable gaps in governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policy reflects a need for improvement in transparency and accountability practices.
Overall, the rating indicates that while Sequoyah Community Spirit Fund is doing well in allocating resources to its mission, it must address the missing policies to strengthen its governance framework. Taking these steps could enhance its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sequoyah Community Spirit Fund legitimate?
Sequoyah Community Spirit Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sequoyah Community Spirit Fund 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 Sequoyah Community Spirit Fund?
The Sequoyah Community Spirit Fund is committed to community outreach, aiming to assist families in need by providing essentials such as food, clothing, housing, and utilities. Their mission includes engaging with these families to alleviate their struggles with necessities like heat, gas, electricity, and water. Specifically, they have supported families enrolled in the Soddy Daisy Headstart program through initiatives like a summer reading book drive, organizing Easter and Christmas parties with gifts for children, and providing Thanksgiving and Christmas dinners for 20 families. Furthermore, they have distributed Christmas gifts to families of Headstart children.
Who is the CEO of Sequoyah Community Spirit Fund?
Gay Henson is the Chairman of Sequoyah Community Spirit Fund.
What is the revenue of Sequoyah Community Spirit Fund?
Sequoyah Community Spirit Fund's revenue in 2022 was $95,940.
Who are the executives of Sequoyah Community Spirit Fund and what are their salaries?
There 63 volunteers at Sequoyah Community Spirit Fund.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Sequoyah Community Spirit Fund?
Sequoyah Community Spirit Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sequoyah Community Spirit Fund
The Sequoyah Community Spirit Fund is dedicated to community outreach, offering assistance to families in need. Specifically, their mission involves providing essential necessities such as food, clothing, housing, and utilities, including heat, gas, and electricity. By engaging in this community outreach, the Sequoyah Community Spirit Fund aims to support families who are part of the Soddy Daisy Headstart program.
As part of their mission, the Sequoyah Community Spirit Fund has organized various initiatives to help these families. For instance, they sponsored a book drive for children during the summer, ensuring that they have access to reading materials beyond the school year. Additionally, they organized special occasions like Easter and Christmas parties, where they provided gifts for the children. Moreover, during the festive seasons of Thanksgiving and Christmas, the Sequoyah Community Spirit Fund went the extra mile by providing dinner for 20 families and distributing Christmas gifts to the families of Headstart children.
In summary, the Sequoyah Community Spirit Fund is a nonprofit organization that focuses on community outreach. Their mission is to provide essential necessities to families in need, especially those enrolled in the Soddy Daisy Headstart program. Through initiatives like book drives, holiday parties, and providing meals and gifts during special occasions, the Sequoyah Community Spirit Fund strives to improve the lives of these families and ensure they have access to the basic necessities they need.
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Impact
October, 2024
The Sequoyah Community Spirit Fund significantly impacts the lives of needy families in Chattanooga, TN, particularly those connected to the Soddy Daisy Head Start Program. By engaging in various community outreach activities, the fund provides essential support in the form of food, clothing, housing, and utilities.
Through initiatives like the book drive for summer reading, the organization fosters a love for learning among children, ensuring they have access to educational resources during their time away from school. The seasonal events, such as Easter and Christmas parties, create joyous moments for children and families, offering not just gifts but a sense of community and belonging.
Moreover, the Sequoyah Community Spirit Fund ensures that families have proper meals during the holiday season by supplying Thanksgiving and Christmas dinners for 20 families, alleviating the financial burdens that often accompany these times. By providing Christmas gifts to families of Head Start children, the fund emphasizes the importance of joy and togetherness in a supportive environment.
Overall, the Sequoyah Community Spirit Fund plays a vital role in nurturing and uplifting families in need, reinforcing community bonds and addressing basic necessities to improve quality of life.
This information is meant to be a general summary of Sequoyah Community Spirit Fund. 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: $24
- Gross Receipts: $106,469
Assets and Liabilities:
- Total Assets: $124,360
- Total Liabilities: $0
- Net Assets: $124,360
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Organization Details
Founding Year
1999
Phone
(423) 843-6585Principal Officer
Gay Henson
Main Address
54 N CREST ROAD, CHATTANOOGA, TN, 37404
NTEE Category
Code: P28 - Human services
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