Overview
What is Woodward Community Foundation?
The Woodward Community Foundation is a dedicated nonprofit organization that serves its community by championing various activities. Their primary role is to foster and sustain community development, operating as a community foundation. Through their mission, they actively contribute to the betterment of their local area, providing essential support for various community initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Woodward Community Foundation has received a Three-Star rating from Charity Navigator, with an overall score of 82%. This rating reflects the organization's strong performance in Accountability & Finance, which makes up the entirety of its score. The foundation's commitment to financial transparency and responsible management is evident in its high ratings across several key areas, including 100% independent board members and no material diversion of assets.
Strengths of the Woodward Community Foundation include a strong program expense ratio of 99.70%, indicating that nearly all of its expenses are directed towards its programs. Additionally, the foundation has a favorable liabilities to assets ratio of 0.17%, showcasing its strong financial health. The organization also maintains thorough documentation of its board meeting minutes, which contributes to its transparency and governance practices.
However, the rating does not provide insights into the foundation's impact or effectiveness in achieving its mission, as it is solely based on financial accountability metrics. While the financial management is strong, potential donors and supporters may want to seek additional information regarding the foundation’s program outcomes and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Woodward Community Foundation legitimate?
Woodward Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodward Community 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 Woodward Community Foundation?
The Woodward Community Foundation, functioning as a community foundation organization, is committed to supporting various community activities. Their mission is geared towards fostering and promoting community engagement and development through their philanthropic efforts. By serving as a catalyst for positive change, the foundation leverages resources and partnerships to address local needs and enhance the overall quality of life within the community. Their activities are focused on strengthening the social fabric, fostering community growth, and ensuring the well-being of its residents.
Who is the CEO of Woodward Community Foundation?
Crystal Simmons is the President of Woodward Community Foundation.
What is the revenue of Woodward Community Foundation?
Woodward Community Foundation's revenue in 2022 was $750,003.
Who are the executives of Woodward Community Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Woodward Community Foundation?
Woodward Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Woodward Community Foundation
The Woodward Community Foundation, as a community foundation organization, is committed to championing community activities. Their mission lies in providing support for various community initiatives, contributing to the well-being and development of the community at large. By embracing this role, the Woodward Community Foundation plays a crucial part in fostering a vibrant and engaged community, enhancing the lives of its members.
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Impact
July, 2024
Woodward Community Foundation's impact can be seen through its support for community activities in Woodward, Oklahoma. Through its mission as a community foundation organization, the foundation plays a vital role in enhancing the well-being and development of the local community. By providing resources and funding for various projects and initiatives, the Woodward Community Foundation contributes to the improvement of the quality of life for residents in the area. Its philanthropic efforts make a meaningful difference in supporting the growth and sustainability of community activities in Woodward.
This information is meant to be a general summary of Woodward Community 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: $327
- Program Service Revenue: $694,421
- Gross Receipts: $751,216
Assets and Liabilities:
- Total Assets: $333,787
- Total Liabilities: $592
- Net Assets: $333,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CRYSTAL CHRISTMAS
Revenue
$64,810
JR LIVESTOCK
Revenue
$579,632
SCHOLARSHIPS
Revenue
$26,859
TRI-STATE OIL & GAS CONV
Revenue
$16,000
WOODWARD COUNTY FAIR
Revenue
$6,475
Organization Details
Founding Year
1994
Phone
(580) 256-7411Principal Officer
Crystal Simmons
Main Address
1006 OKLAHOMA AVE, WOODWARD, OK, 73801
NTEE Category
Code: T31 - Philanthropy
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