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Artiss Devolt Zacharias Charitable Trust

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 726219242 ✦ Albany, GA ✦ Designated as a 501(c)(3)

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Overview

What is Artiss Devolt Zacharias Charitable Trust?

The Artiss Devolt Zacharias Charitable Trust is a philanthropic organization situated in Albany, Georgia. Based on its trust agreement, it provides financial assistance to six specific 501(c)(3) nonprofit organizations. The Trust's mission is to support these designated organizations, aiming to contribute to their causes and operations. The support provided by the Trust helps these organizations advance their aims and contribute positively to their respective communities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)

The Artiss Devolt Zacharias Charitable Trust has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial governance. While it achieves a respectable program expense ratio of 74.02%, showing that a significant portion of its expenses go directly to its programs, it struggles with several governance policies that are either missing or not adequately addressed.

The organization boasts a fully independent board, which is a positive aspect, but it has only one independent board member, resulting in low scores for board size. Additionally, the trust has no documented policies for conflict of interest, whistleblower protections, or document retention, which raises concerns about its operational transparency and compliance with best practices.

Overall, while the trust demonstrates a commitment to its charitable mission through its program expenditures, it must address its governance shortcomings to improve its rating and enhance donor confidence. The absence of critical documentation and policies suggests areas that require immediate attention to align with nonprofit standards.


This AI summary has been generated from information found on Charity Navigator.

Is Artiss Devolt Zacharias Charitable Trust legitimate?

Artiss Devolt Zacharias Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artiss Devolt Zacharias Charitable Trust 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: $31,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Artiss Devolt Zacharias Charitable Trust?

The Artiss Devolt Zacharias Charitable Trust's mission is centered around providing support to specific 501(c)(3) organizations. In accordance with the trust agreement, this charity has been providing financial aid to six designated organizations. The primary objective of this charitable trust is to offer its resources and aid to these identified non-profit organizations. By doing so, the trust aims to contribute to their missions and initiatives, ultimately making a positive impact in various communities and causes.

Who is the CEO of Artiss Devolt Zacharias Charitable Trust?

Regions Bank Trust Dept is the Trustee of Artiss Devolt Zacharias Charitable Trust.

What is the revenue of Artiss Devolt Zacharias Charitable Trust?

Artiss Devolt Zacharias Charitable Trust's revenue in 2022 was $52,354.

Who are the executives of Artiss Devolt Zacharias Charitable Trust and what are their salaries?


There is 1 key member and their salary:


Regions Bank Trust Dept (Trustee)
  • Compensation: $31,844
  • Related: $0
  • Other: $0
Where can I find the form 990 for Artiss Devolt Zacharias Charitable Trust?

Artiss Devolt Zacharias Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Artiss Devolt Zacharias Charitable Trust

The Artiss Devolt Zacharias Charitable Trust is committed to providing support to specific 501(c)(3) organizations, as outlined in its trust agreement. This nonprofit entity dedicates its resources to bolstering the efforts of these identified organizations, aiming to contribute positively to their respective missions. As per the information provided, the Trust has provided support to six designated organizations in accordance with its trust agreement. By doing so, the Artiss Devolt Zacharias Charitable Trust plays a crucial role in furthering the causes of these organizations and making a difference in the communities they serve.

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Impact




October, 2024

Artiss Devolt Zacharias Charitable Trust significantly impacts various communities by providing critical support to six designated 501(c)(3) organizations. This funding enables these organizations to pursue their missions, enhance their programs, and expand their reach. By aligning with specific nonprofits, the Trust ensures that its contributions are aimed at achieving meaningful outcomes in the areas these organizations serve. Based in Albany, GA, the Trust's focused approach to philanthropy fosters growth and sustainability within the chosen organizations, allowing them to better address the needs of their communities and improve overall quality of life.




This information is meant to be a general summary of Artiss Devolt Zacharias Charitable Trust. 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.

Revenue
$52,354 (2022)
Expenses
$134,444 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $52,354
  • Gross Receipts: $1,087,732

Assets and Liabilities:

  • Total Assets: $2,373,357
  • Total Liabilities: $0
  • Net Assets: $2,373,357

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Organization Details

Founding Year

2003

Principal Officer

Regions Bank Trust Dept

Main Address

2813 Old Dawson Rd, Albany, GA, 31707

NTEE Category

Code: T20 - Philanthropy

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