Overview
What is Huntsville Madison County Buil Foundation Inc?
Huntsville Madison County Build Foundation Inc is a nonprofit organization located at 2804 Bob Wallace Avenue, Huntsville, Alabama. Their primary mission is to engage in educational, charitable, and scientific activities, with a focus on enhancing the residential housing industry. They dedicate their efforts towards improving this sector, contributing to various aspects of the community. The organization operates with a commitment to bettering the residential living standards.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Huntsville Madison County Buil Foundation Inc has received a low overall score of 54%, indicating potential concerns regarding its financial health and program effectiveness. This rating is solely based on its Accountability & Finance score, which highlights areas of strength such as a fully independent board of directors and established policies for conflict of interest, whistleblower protection, and document retention.
While the organization excels in governance practices, it has significant weaknesses in financial ratios, particularly with a 0.00% program expense ratio, suggesting that very little of its funds are directed towards programmatic activities. Additionally, a liability to assets ratio of 0.21% raises questions about its financial sustainability and operational efficiency. Overall, while the foundation demonstrates solid accountability practices, its low program spending and financial metrics may be concerning for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Huntsville Madison County Buil Foundation Inc legitimate?
Huntsville Madison County Buil Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Huntsville Madison County Buil 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: $0
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What is the mission statement of Huntsville Madison County Buil Foundation Inc?
The Huntsville Madison County Build Foundation Inc is committed to engaging in educational, charitable, and scientific activities aimed at enhancing the residential housing industry. Their mission is centered around improving this sector through various activities. By doing so, they aim to contribute positively to the industry and potentially bring about notable changes. Their focus remains on dedicating resources towards these objectives, ultimately seeking to make a significant impact in the field of residential housing.
What is the revenue of Huntsville Madison County Buil Foundation Inc?
Huntsville Madison County Buil Foundation Inc's revenue in 2023 was $72,702.
Who are the executives of Huntsville Madison County Buil Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Huntsville Madison County Buil Foundation Inc?
Huntsville Madison County Buil Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Huntsville Madison County Buil Foundation Inc
Huntsville Madison County Building Foundation Inc is committed to engaging in educational, charitable, and scientific activities with the primary objective of improving the residential housing industry. This nonprofit organization dedicates its efforts to advancing the sector through various initiatives. By undertaking these activities, Huntsville Madison County Building Foundation Inc aims to contribute positively to the housing industry, ultimately benefiting the community at large.
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Impact
August, 2024
Huntsville Madison County Build Foundation Inc's impact is dedicated to the improvement of the residential housing industry through educational, charitable, and scientific activities. Its focus on education and community development contributes to enhancing housing standards and promoting sustainable practices within the industry. Through its mission, this organization plays a crucial role in positively impacting the local community in Huntsville, Alabama.
This information is meant to be a general summary of Huntsville Madison County Buil 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 2023.
- Investment Income: $4,939
- Program Service Revenue: $65,000
- Gross Receipts: $72,702
Assets and Liabilities:
- Total Assets: $839,843
- Total Liabilities: $1,778
- Net Assets: $838,065
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FACILITIES INCOME
Revenue
$65,000
Organization Details
Founding Year
1996
Principal Officer
Barry Oxley
NTEE Category
Code: B82 - Education
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