Overview
What is Bakersfield Arc Foundation?
Bakersfield Arc Foundation is a charitable organization based in Bakersfield, California, with an address at 4500 California Avenue. Its primary mission is to support the well-being of developmentally disabled individuals residing in Kern County, California. The foundation achieves this by raising, managing, and distributing donations and funds for this purpose. A significant part of its work involves generating general operating capital for Bakersfield Arc, Inc., which focuses on enhancing the quality of life for adults with developmental disabilities. By doing so, Bakersfield Arc, Inc. can concentrate on improving the overall living conditions for these adults, thereby fostering a more enriching environment for them.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% - Three-Star out of Four Star rating
The Bakersfield Arc Foundation has earned a solid Three-Star rating from Charity Navigator, reflecting a favorable assessment of its accountability and financial management. The organization achieved an impressive 87% score, which is entirely based on its Accountability & Finance metrics. This indicates a stable financial standing and a commitment to transparency in operations.
Key strengths of the Bakersfield Arc Foundation include a fully independent board, with all six members meeting the criteria for independence. Additionally, the organization shows no material diversion of assets, a strong conflict of interest policy, and a whistleblower policy, all contributing to its high score in accountability. The program expense ratio of 89.69% highlights a strong dedication to directing resources towards its mission.
However, while the rating reflects a strong commitment to finance and accountability, the overall score is derived solely from these aspects, leaving out factors related to program effectiveness or impact assessment. As such, potential donors and stakeholders may want to consider additional information on program outcomes to gain a comprehensive understanding of the foundation's overall efficacy.
This AI summary has been generated from information found on Charity Navigator.
Is Bakersfield Arc Foundation legitimate?
Bakersfield Arc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bakersfield Arc Foundation 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.
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What is the mission statement of Bakersfield Arc Foundation?
The Bakersfield Arc Foundation's mission is geared towards elevating funds for the betterment of Bakersfield Arc Inc, an organization dedicated to enhancing the quality of life for adults with developmental disabilities. Specifically, the foundation aims to manage and distribute donations and other funds in a manner that supports the welfare of developmentally disabled individuals. The ultimate goal is to allow Bakersfield Arc Inc to focus more effectively on its mission, improving the lives of those it serves.
Who is the CEO of Bakersfield Arc Foundation?
David Shawn Kennemer is the President of Bakersfield Arc Foundation.
What is the revenue of Bakersfield Arc Foundation?
Bakersfield Arc Foundation's revenue in 2022 was $537,570.
Who are the executives of Bakersfield Arc Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Bakersfield Arc Foundation?
Bakersfield Arc Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bakersfield Arc Foundation
The Bakersfield Arc Foundation, a dedicated organization, is committed to the mission of enhancing the lives of adults with developmental disabilities. By raising and managing funds, the Foundation aims to empower Bakersfield Arc, Inc., allowing it to concentrate on improving the quality of life for its clients. The Foundation's efforts are geared towards promoting the general welfare of developmentally disabled individuals, ensuring they have access to the necessary resources and support they need to live fulfilling lives. The Bakersfield Arc Foundation performs various functions, including the distribution of donations and other funds, all in the pursuit of a better future for those with developmental disabilities.
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Impact
June, 2024
The Bakersfield Arc Foundation's impact lies in its mission to support Bakersfield Arc, Inc. in enhancing the quality of life for adults with developmental disabilities. By raising general operating capital and managing donations effectively, the foundation plays a crucial role in promoting the general welfare of developmentally disabled individuals in Kern County, California. Through its efforts, the foundation helps provide essential resources and support services that contribute to the well-being and happiness of individuals with developmental disabilities in the community.
This information is meant to be a general summary of Bakersfield Arc Foundation. 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: $418,243
- Gross Receipts: $834,672
Assets and Liabilities:
- Total Assets: $915,466
- Total Liabilities: $0
- Net Assets: $915,466
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Organization Details
Founding Year
2003
Phone
(661) 834-2272Principal Officer
David Shawn Kennemer
Main Address
4500 California Avenue, Bakersfield, CA, 93309
NTEE Category
Code: F11 - Mental health
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