Overview
What is Rural Life Foundation Inc?
Rural Life Foundation Inc is a nonprofit organization dedicated to both educational and healthcare initiatives. Their primary focus is on educating students from Kindergarten to 12th grade, instilling knowledge and skills in the younger generation. Beyond academics, they also manage a nursing home, offering medical care to patients. This nursing home serves a dual purpose, acting as a practical teaching environment where students can learn essential work principles. By combining education and healthcare, Rural Life Foundation Inc aims to contribute positively to the community, nurturing future generations and providing necessary medical care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
Rural Life Foundation Inc has received a One-Star rating from Charity Navigator, reflecting concerns primarily related to its financial accountability. While the organization demonstrates strong governance practices, such as having a fully independent board and maintaining detailed board meeting minutes, the overall financial metrics indicate potential inefficiencies in resource allocation.
The charity's accountability and finance score of 57 suggests that it may struggle with effectively utilizing its funds, as indicated by a program expense ratio of 62.03%. This means a significant portion of the budget may not be directed towards programmatic activities, which is a critical aspect for donor trust and sustainable impact.
On a positive note, the foundation shows no material diversion of assets and maintains a low liabilities-to-assets ratio, indicating good financial health in terms of obligations. However, the mixed financial indicators and the low overall score highlight a need for improvement in fiscal management to enhance its rating and ensure greater impact in the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Rural Life Foundation Inc legitimate?
Rural Life Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rural Life 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,703,707
For more financial information, click here
What is the mission statement of Rural Life Foundation Inc?
The Rural Life Foundation's mission encompasses both educational and vocational aspects. It focuses on providing quality education to students from kindergarten to twelfth grade. Furthermore, the organization operates a nursing home that not only offers medical care to patients but also serves as a practical learning environment, teaching essential work principles. In essence, the Rural Life Foundation aims to foster learning and practical skills development in its students and patients alike.
Who is the CEO of Rural Life Foundation Inc?
Steve Dickman is the Administration of Rural Life Foundation Inc.
What is the revenue of Rural Life Foundation Inc?
Rural Life Foundation Inc's revenue in 2022 was $5,150,801.
Who are the executives of Rural Life Foundation Inc and what are their salaries?
The average compensation at Rural Life Foundation Inc during 2022 was $11,604. There are 233 employees and 25 volunteers at Rural Life Foundation Inc.
Here are 14 key members and their salaries:
- Compensation: $96,426
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- Other: $0
- Compensation: $22,935
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- Other: $0
- Compensation: $15,238
- Related: $0
- Other: $0
- Compensation: $15,238
- Related: $0
- Other: $0
- Compensation: $16,525
- 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
- Compensation: $0
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- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rural Life Foundation Inc?
Rural Life Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rural Life Foundation Inc
The Rural Life Foundation, a nonprofit organization, is dedicated to serving the educational needs of students from Kindergarten to 12th grade. Beyond its educational endeavors, the foundation also operates a nursing home, providing essential medical care to patients. This nursing home serves a dual purpose, acting as a practical setting for teaching work principles to the students under the foundation's care. By combining education and practical experience, the Rural Life Foundation aims to equip its students with a well-rounded understanding of both academic and real-world skills.
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Impact
July, 2024
Rural Life Foundation Inc, through its school and nursing home operations in Savannah, TN, has a significant impact on the community. The organization plays a crucial role in educating students from Kindergarten to 12th grade, providing them with essential knowledge and skills for their future. Moreover, their nursing home not only delivers vital medical care to patients but also serves as a platform for teaching work principles to individuals, thereby contributing to the development of a skilled workforce in the area. Overall, the Rural Life Foundation Inc's multifaceted approach positively influences the lives of both students and patients, making a valuable contribution to the local community.
This information is meant to be a general summary of Rural Life 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: $2,761
- Program Service Revenue: $5,148,040
- Gross Receipts: $5,150,801
Assets and Liabilities:
- Total Assets: $6,868,806
- Total Liabilities: $958,842
- Net Assets: $5,909,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Nursing home
Revenue
$3,287,465
School
Revenue
$1,365,459
Miscellaneous
Revenue
$76,427
Various program revenues
WDNX underwriting
Revenue
$14,330
Organization Details
Founding Year
1951
Phone
(731) 925-3098Principal Officer
Steve Dickman
Main Address
3575 Lonesome Pine Road, Savannah, TN, 38372
NTEE Category
Code: B20 - Education
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