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Northwest Oklahoma Rural Development Foundation

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

EIN: 731416664 ✦ Buffalo, OK ✦ Designated as a 501(c)(3)

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Overview

What is Northwest Oklahoma Rural Development Foundation?

Northwest Oklahoma Rural Development Foundation is a nonprofit organization committed to enhancing its community. Their primary focus is on empowering youth through the County 4-H Program, fostering leadership skills and personal growth. They have set up a fund for supporting summer activities and citizenship projects, ensuring the program's continuity and members' engagement. Furthermore, the organization has initiated a memorial fund, aiming to enrich community entertainment and offer financial aid for deserving high school students seeking higher education.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Overall Score: 71%, Two-Star out of Four Star rating

The Northwest Oklahoma Rural Development Foundation has been assessed with a two-star rating by Charity Navigator, indicating a need for improvement. While it has a solid accountability score and boasts a fully independent board, there are significant shortcomings in its transparency and financial reporting. The lack of financial statements and missing policies such as a whistleblower and document retention policy are noted as areas of concern.

On a positive note, the foundation shows strong commitment to its programs with a program expense ratio of 100%, suggesting that all of its expenditures are directed toward its mission. Additionally, there have been no documented issues regarding the diversion of assets, highlighting a level of integrity in financial management. However, without the proper documentation and policies in place, the foundation may struggle to maintain donor trust and confidence.

In summary, while the Northwest Oklahoma Rural Development Foundation demonstrates strengths in governance and program commitment, it faces challenges in transparency and financial accountability. Addressing these limitations could enhance its overall performance and rating in the future.


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

Is Northwest Oklahoma Rural Development Foundation legitimate?

Northwest Oklahoma Rural Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Oklahoma Rural Development 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,881

For more financial information, click here

What is the mission statement of Northwest Oklahoma Rural Development Foundation?

Northwest Oklahoma Rural Development Foundation's mission is centered around community improvement. They accomplish this through various initiatives, such as the County 4-H Program. This program is designed to foster leadership skills in youth, offering support for summer activities and citizenship projects. Furthermore, the organization has instituted a memorial fund, which serves dual purposes: promoting community entertainment and providing scholarships for high school students pursuing higher education.

Who is the CEO of Northwest Oklahoma Rural Development Foundation?

Darla J Young is the President of Northwest Oklahoma Rural Development Foundation.

What is the revenue of Northwest Oklahoma Rural Development Foundation?

Northwest Oklahoma Rural Development Foundation's revenue in 2022 was $633,383.

Who are the executives of Northwest Oklahoma Rural Development Foundation and what are their salaries?

The average compensation at Northwest Oklahoma Rural Development Foundation during 2022 was $25,960. There are 3 employees and 40 volunteers at Northwest Oklahoma Rural Development Foundation.


Here are 3 key members and their salaries:


Andrea Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Lake (Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla J Young (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Northwest Oklahoma Rural Development Foundation?

Northwest Oklahoma Rural Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Northwest Oklahoma Rural Development Foundation

Northwest Oklahoma Rural Development, a community-focused organization, is committed to enhancing its local area through various initiatives. One of its primary missions is to foster leadership skills in youth through the County 4-H Program. This program has established a fund to support summer activities and citizenship projects for its members, encouraging young individuals to engage in community-building endeavors.

Beyond youth development, Northwest Oklahoma Rural Development has also established a memorial fund. This fund serves to promote community entertainment and offers scholarships for high school students who aspire to pursue higher education. By providing financial assistance, the organization supports the educational growth of its community members, potentially paving the way for future leaders and contributors to the community.

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Impact




July, 2024

Northwest Oklahoma Rural Development Foundation has made a significant impact on the community of Buffalo, Oklahoma through its various programs aimed at community improvement. One such program is the County 4-H Program, which focuses on developing leadership skills in youth. By establishing a fund to support summer activities and citizenship projects for its members, the organization is empowering the next generation of leaders in the community. Additionally, their memorial fund promotes community entertainment and provides scholarships for high school students pursuing higher education. Through these initiatives, Northwest Oklahoma Rural Development Foundation is contributing to the growth and prosperity of Buffalo, Oklahoma.




This information is meant to be a general summary of Northwest Oklahoma Rural Development 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.

Revenue
$633,383 (2022)
Expenses
$611,387 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,043
  • Program Service Revenue: $373,688
  • Gross Receipts: $633,383

Assets and Liabilities:

  • Total Assets: $515,271
  • Total Liabilities: $46,214
  • Net Assets: $469,057

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Livestock Program

Revenue

$208,798

Theatre

Revenue

$19,207

Youth ads

Revenue

$11,517

Community Day Care

Revenue

$109,851

Rodeo events

Revenue

$23,050

Organization Details

Founding Year

1992

Principal Officer

Darla J Young

Main Address

PO BOX 610, BUFFALO, OK, 738340610

NTEE Category

Code: A80Z - Arts

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