Overview
What is The John's Island Foundation Inc?
The John's Island Foundation Inc, situated in Indian River Shores, Florida, is a nonprofit organization that focuses on providing capital funding for eligible nonprofit agencies serving residents in Indian River County. These agencies cater to individuals in need and their programs aim to address essential needs or issues related to food, shelter, disabilities, health, aging, abuse, or children's education. During the fiscal year, the organization extended capital funds to 26 separate charitable agencies, as many funding organizations often focus on operational funds, but fewer can offer capital funds. With a small team of one employee, the foundation plays a significant role in supporting these crucial organizations in their capital needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
The John's Island Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The foundation's 94% score indicates that it has successfully met the high standards expected of nonprofit organizations in managing resources responsibly. This rating is based solely on its Accountability & Finance metrics, which suggests a strong focus on transparency and governance.
The organization demonstrates robust governance practices, with a fully independent board of directors and comprehensive conflict of interest and whistleblower policies in place. Its fiscal management is noteworthy, with a program expense ratio of 91.54%, meaning a significant portion of its spending directly supports its mission. Additionally, the foundation has shown no material diversion of assets, ensuring that funds are utilized effectively.
While the data highlights several strengths, it is important to recognize that the rating focuses solely on financial and accountability measures. There may be additional qualitative aspects regarding program impact and community engagement that are not captured in this score. Overall, The John's Island Foundation Inc appears to be a financially sound and well-governed organization, committed to its mission and responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is The John's Island Foundation Inc legitimate?
The John's Island Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The John's Island 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: $40,644
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What is the mission statement of The John's Island Foundation Inc?
The John's Island Foundation Inc's mission is centered around providing grant funding for capital needs to nonprofit agencies that serve residents in Indian River County. These eligible agencies cater to individuals in need and have programs aimed at addressing issues related to food, shelter, disabilities, health, age, abuse, and children's education. The foundation's primary role is to assist these organizations in meeting their needs or overcoming these challenges, thereby contributing to the betterment of the community. During the fiscal year, the organization provided capital funds to 26 separate charitable agencies, as many funding organizations focus on operational funds, but fewer can provide capital funds.
Who is the CEO of The John's Island Foundation Inc?
Donald Blair is the Principal Officer of The John's Island Foundation Inc.
What is the revenue of The John's Island Foundation Inc?
The John's Island Foundation Inc's revenue in 2022 was $1,587,716.
Who are the executives of The John's Island Foundation Inc and what are their salaries?
The average compensation at The John's Island Foundation Inc during 2022 was $40,644. There is 1 employee and 58 volunteers at The John's Island Foundation Inc.
Here are 13 key members and their salaries:
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Where can I find the form 990 for The John's Island Foundation Inc?
The John's Island Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The John's Island Foundation Inc
The John's Island Foundation Inc is committed to providing grant funding for capital needs to nonprofit agencies that serve residents in Indian River County. These organizations are eligible for funding if they cater to individuals in need and their programs are directed towards meeting needs or assisting with issues related to food, shelter, disabilities, health, age, abuse, or children's education. The foundation's mission is to bridge the gap where other funding organizations often fall short by providing capital funds, which are essential but seldomly available. During a fiscal year, the organization has funded 26 separate charitable agencies, recognizing the crucial role of capital funds in sustaining and improving their services.
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Impact
July, 2024
The John's Island Foundation Inc's impact is significant as it provides grant funding for capital needs to agencies serving residents in Indian River County. This support is crucial for organizations that serve people in need and focus on areas such as food, shelter, disabilities, health, age, abuse, and children's education. During the fiscal year, the foundation distributed capital funds to 26 separate charitable agencies, addressing critical needs that are often not covered by operating funds. By focusing on capital needs, the foundation plays a vital role in supporting the well-being and development of the community in Indian River County.
This information is meant to be a general summary of The John's Island 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: $420
- Gross Receipts: $1,631,774
Assets and Liabilities:
- Total Assets: $1,568,472
- Total Liabilities: $9,120
- Net Assets: $1,559,352
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Organization Details
Founding Year
1999
Phone
(772) 234-0992Principal Officer
Donald Blair
Main Address
6001 HIGHWAY A1A PMB 8323, INDIAN RIVER SHORES, FL, 32963
NTEE Category
Code: T30 - Philanthropy
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