Overview
What is Arc Of Tusc County Endowment Fund?
The Arc of Tuscaloosa County Endowment Fund is a charitable organization located at 1330 University Boulevard East, Tuscaloosa, Alabama. Its primary mission is to accumulate and manage funds for the advantage of The Arc of Tuscaloosa County, a nonprofit that provides services and programs for individuals with intellectual and developmental disabilities. The Endowment Fund's activities include investing funds and paying investment management fees in the current fiscal year. The objective of this organization is to secure a steady source of funding to enhance the offerings and support services provided by The Arc of Tuscaloosa County.
Official website here: www.thearcoftuscaloosa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating.
The Arc of Tusc County Endowment Fund has received an impressive score of 97%, highlighting its strong performance in accountability and finance. This rating is reflective of its commitment to transparency and responsible management, with a perfect score in several key areas including independent board governance and financial health. The organization boasts a fully independent board, which is a positive indicator of its ethical oversight.
Strengths of the organization include a 100% program expense ratio, signifying that all expenditures are directed towards fulfilling its mission. Additionally, there are no liabilities reported, which suggests a sound financial foundation. The presence of comprehensive policies regarding conflicts of interest, whistleblowing, and document retention underscores the organization’s dedication to operational integrity and accountability.
While the data does not highlight any significant limitations or areas for improvement, maintaining the high standards observed will be essential for sustaining its stellar rating. Overall, the Arc of Tusc County Endowment Fund exemplifies a well-managed nonprofit committed to its mission and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Arc Of Tusc County Endowment Fund legitimate?
Arc Of Tusc County Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arc Of Tusc County Endowment 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:
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For more financial information, click here
Official website here: www.thearcoftuscaloosa.org
What is the mission statement of Arc Of Tusc County Endowment Fund?
The Arc of Tuscaloosa County Endowment Fund's primary mission is to collect, manage, and utilize funds for the advantage of The Arc of Tuscaloosa County. This non-profit organization's primary goal is to contribute to the betterment of the services and programs offered by The Arc of Tuscaloosa County. It should be noted that a significant portion of the current fiscal year's expenses was allocated towards investment management fees.
Official website here: www.thearcoftuscaloosa.org
Who is the CEO of Arc Of Tusc County Endowment Fund?
Delshonda Thomas is the Board Member of Arc Of Tusc County Endowment Fund.
Official website here: www.thearcoftuscaloosa.org
What is the revenue of Arc Of Tusc County Endowment Fund?
Arc Of Tusc County Endowment Fund's revenue in 2022 was $78,351.
Official website here: www.thearcoftuscaloosa.org
Who are the executives of Arc Of Tusc County Endowment Fund and what are their salaries?
Here are 21 key members and their salaries:
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Official website here: www.thearcoftuscaloosa.org
Where can I find the form 990 for Arc Of Tusc County Endowment Fund?
Arc Of Tusc County Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thearcoftuscaloosa.org
Learn more at the official website: www.thearcoftuscaloosa.org
Mission Statement of Arc Of Tusc County Endowment Fund
The Arc of Tuscaloosa County Endowment Fund is a mission-driven organization with the primary goal of receiving, investing, and managing funds for the benefit of the Arc of Tuscaloosa County. This nonprofit entity plays a crucial role in supporting the services and programs offered by the Arc of Tuscaloosa County. The Arc of Tuscaloosa County is an organization dedicated to empowering individuals with intellectual and developmental disabilities, providing them with opportunities for growth and independence. Through the Endowment Fund's investment and management activities, it contributes to the overall mission of the Arc of Tuscaloosa County, ensuring that its services and programs remain sustainable and effective in serving the community's needs. In the current fiscal year, expenses related to investment management fees were incurred by the Endowment Fund, demonstrating its commitment to efficient financial management in support of its mission.
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Impact
August, 2024
The Arc of Tuscaloosa County Endowment Fund's impact includes providing crucial financial support to enhance the services and programs offered by The Arc of Tuscaloosa County. By receiving, investing, and managing funds effectively, the endowment fund ensures a stable source of resources for the organization. This contributes to the sustainability and growth of The Arc of Tuscaloosa County, allowing it to better serve individuals with disabilities in the community. Ultimately, the endowment fund's efforts play a significant role in advancing philanthropy and improving the quality of life for those in need in Tuscaloosa County.
This information is meant to be a general summary of Arc Of Tusc County Endowment 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: $78,351
- Gross Receipts: $78,351
Assets and Liabilities:
- Total Assets: $3,252,619
- Total Liabilities: $0
- Net Assets: $3,252,619
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Organization Details
Founding Year
2000
Phone
(205) 556-4900Principal Officer
Delshonda Thomas
Main Address
1330 University Blvd E, Tuscaloosa, AL, 35404
Website
www.thearcoftuscaloosa.orgNTEE Category
Code: T20 - Philanthropy
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