Overview
What is Dakota Zoological Endowment Fund?
The Dakota Zoological Endowment Fund is a nonprofit entity that offers financial assistance to the Dakota Zoological Society, Inc. in times of financial strains caused by bad weather or economic downturns. Based in Bismarck, North Dakota, the organization plays a crucial role in providing funds for capital improvements that go beyond the operating reserves of the Dakota Zoological Society, Inc. These investments enable the society to enhance its facilities and continue its mission effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
The Dakota Zoological Endowment Fund has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas, despite a decent score of 73%. The organization exhibits strong accountability and finance practices, with a 97.37% program expense ratio, showing that a significant portion of its funds is directed towards its programs. Additionally, the organization boasts a fully independent board, which is a positive indicator of governance.
Strengths of the organization include the absence of material diversion of assets and a strong liabilities to assets ratio of 0.00%, reflecting financial stability. The board is also proactive in documenting meeting minutes, contributing to transparency. However, the overall rating suggests that while the organization is well-managed in some respects, there may be other areas needing attention or improvement for a higher evaluation.
While the Dakota Zoological Endowment Fund has notable strengths in governance and financial management, the Two-Star rating indicates that stakeholders may want to look for more information about its operational effectiveness and overall impact to gauge its contributions to the community better.
This AI summary has been generated from information found on Charity Navigator.
Is Dakota Zoological Endowment Fund legitimate?
Dakota Zoological Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dakota Zoological 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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Professional Fundraising Fees: $0
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What is the mission statement of Dakota Zoological Endowment Fund?
The Dakota Zoological Endowment Fund serves a crucial role in supporting the Dakota Zoological Society, Inc. by providing funds for capital improvements that exceed the society's operating reserves. When the society encounters financial challenges due to adverse weather conditions, economic downturns, or other unforeseen circumstances, this endowment fund steps in to offer revenue assistance. By doing so, it ensures the society can continue its operations and maintain its facilities, ultimately preserving the experiences it offers to visitors.
Who is the CEO of Dakota Zoological Endowment Fund?
Kristi Entzi is the Zoo Board Vi of Dakota Zoological Endowment Fund.
What is the revenue of Dakota Zoological Endowment Fund?
Dakota Zoological Endowment Fund's revenue in 2022 was $136,335.
Who are the executives of Dakota Zoological Endowment Fund and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Dakota Zoological Endowment Fund?
Dakota Zoological Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dakota Zoological Endowment Fund
The Dakota Zoological Endowment Fund plays a vital role in supporting the Dakota Zoological Society, Inc. by providing additional funds for capital improvements that go beyond the society's operating reserves. This endowment fund acts as a financial safety net, ensuring the continued growth and development of the organization.
When unforeseen circumstances such as bad weather or economic slowdowns arise, the Dakota Zoological Endowment Fund steps in to provide much-needed financial assistance to the Dakota Zoological Society, Inc. The endowment fund's contributions enable the society to maintain its high standards and carry out essential projects that might otherwise be delayed or postponed due to budget constraints.
The Dakota Zoological Endowment Fund serves as a reliable source of revenue for the Dakota Zoological Society, Inc., providing critical financial support during challenging times. As a result, the society can focus on its mission to provide educational, conservation, and recreational experiences that inspire people to value and conserve wildlife and their habitats.
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Impact
October, 2024
The Dakota Zoological Endowment Fund significantly impacts the Dakota Zoological Society, Inc. by providing essential revenue assistance crucial for maintaining operations during challenging times, such as bad weather or economic downturns. This funding enables the society to undertake vital capital improvements, enhancing the overall experience and care for the animals at the zoo.
With this financial support, the Dakota Zoological Society can address needs that exceed their operating reserves, allowing for upgrades and enhancements that contribute to the welfare of the animals and the enjoyment of visitors. As a result, the endowment plays a critical role in ensuring the zoo's sustainability and its commitment to animal care, conservation, and community education in Bismarck, ND.
This information is meant to be a general summary of Dakota Zoological 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: $115,643
- Gross Receipts: $136,335
Assets and Liabilities:
- Total Assets: $2,109,853
- Total Liabilities: $0
- Net Assets: $2,109,853
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Organization Details
Founding Year
1997
Principal Officer
Kristi Entzi
Main Address
602 RIVERSIDE PARK ROAD, BISMARCK, ND, 58504
NTEE Category
Code: D115 - Animals
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