Overview
What is Baylor Line Foundation?
The Baylor Line Foundation, located in Waco, Texas, serves as a supportive entity for Baylor University and its alumni. With approximately 18,000 members, the foundation offers various programs and communications, such as annual awards, the publication of the Baylor Line magazine, and electronic/online communications. They also organize reunion events and other gatherings to strengthen the alumni community. The foundation's primary mission is to extend financial and other forms of aid to Baylor University, contributing to benevolent, charitable, and educational endeavors. The foundation, staffed by five dedicated individuals, plays a crucial role in fostering a sense of unity and support among Baylor University alumni.
Official website here: www.baylorlinefoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star Rating)
The Baylor Line Foundation has received a low rating of 33% from Charity Navigator, reflecting significant concerns in its accountability and financial practices. While the organization boasts a fully independent board, with all members meeting independence criteria, several critical areas are lacking. Notably, the foundation has not provided financial statements, which has severely impacted its accountability score.
Strengths identified include adherence to a conflict of interest policy and the documentation of board meeting minutes, indicating some level of organizational governance. However, the absence of a whistleblower policy and missing documents related to retention, destruction, and financial transparency raise red flags about its operational integrity. The foundation's liabilities to assets ratio and program expense ratio also reflect potential financial instability, with a program expense ratio of only 49.07%, suggesting a need for improvement in fund allocation.
Overall, while the Baylor Line Foundation demonstrates some positive governance indicators, the significant gaps in financial transparency and accountability contribute to its low rating. Stakeholders and potential donors should consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Baylor Line Foundation legitimate?
Baylor Line Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baylor Line 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: $84,408
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,010
For more financial information, click here
Official website here: www.baylorlinefoundation.com
What is the mission statement of Baylor Line Foundation?
The Baylor Line Foundation's mission is to support Baylor University and its alumni by providing benevolent, charitable, and educational undertakings. They achieve this by extending financial and other forms of aid to Baylor University. The foundation carries out its mission through various programs, recognitions, and communications, such as organizing reunions and events, awarding annual prizes, publishing the Baylor Line Magazine, and maintaining electronic/online communications. The Baylor Line Foundation boasts an impressive membership of approximately 18,000 individuals.
Official website here: www.baylorlinefoundation.com
Who is the CEO of Baylor Line Foundation?
James Mcinnis is the Committee Chair of Baylor Line Foundation.
Official website here: www.baylorlinefoundation.com
What is the revenue of Baylor Line Foundation?
Baylor Line Foundation's revenue in 2022 was $932,985.
Official website here: www.baylorlinefoundation.com
Who are the executives of Baylor Line Foundation and what are their salaries?
The average compensation at Baylor Line Foundation during 2022 was $62,884. There are 5 employees and 25 volunteers at Baylor Line Foundation.
Here are 48 key members and their salaries:
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- Compensation: $84,408
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Official website here: www.baylorlinefoundation.com
Where can I find the form 990 for Baylor Line Foundation?
Baylor Line Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baylorlinefoundation.com
Learn more at the official website: www.baylorlinefoundation.com
Mission Statement of Baylor Line Foundation
The Baylor Line Foundation, a nonprofit organization, is dedicated to supporting Baylor University and its alumni. Its mission is to extend benevolent, charitable, and educational aid to the esteemed institution. In pursuit of this objective, the foundation provides financial and other forms of assistance, contributing to various undertakings that align with Baylor University's interests. By doing so, the Baylor Line Foundation plays a significant role in enriching the university's community and recognizing its alumni. This is achieved through various means, including organizing events such as reunions, bestowing annual awards upon deserving individuals, and publishing the Baylor Line Magazine. Moreover, the foundation leverages electronic and online communications to engage with its membership base, which currently comprises approximately 18,000 individuals.
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Impact
July, 2024
The Baylor Line Foundation's impact is significant in supporting Baylor University and the interests of its alumni. They provide various programs, recognitions, and communications to support both the university and its alumni, including organizing reunions and events, hosting annual awards, publishing the Baylor Line magazine, and maintaining electronic/online communications. With approximately 18,000 members, the foundation plays a crucial role in fostering connections within the Baylor community. Their mission focuses on extending financial and other aid to Baylor University to support benevolent, charitable, and educational endeavors, ultimately contributing to the advancement of education.
This information is meant to be a general summary of Baylor Line 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: $507,461
- Gross Receipts: $1,240,589
Assets and Liabilities:
- Total Assets: $9,167,230
- Total Liabilities: $240,877
- Net Assets: $8,926,353
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Organization Details
Founding Year
1859
Phone
(254) 732-0393Principal Officer
James Mcinnis
Main Address
PO BOX 2089, WACO, TX, 76703
Website
www.baylorlinefoundation.comNTEE Category
Code: B84Z - Education
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