Overview
What is Clearwater Church Foundation?
Clearwater Church Foundation is a nonprofit organization situated in Fort Collins, Colorado, specifically at 2726 William Neal Parkway. Its primary purpose is to support the programs of Clearwater Church and other Christian organizations. The foundation allocates its funds towards maintaining church facilities, preparing individuals for Christian ministry, and providing necessary resources for the church. By doing so, they contribute to enhancing and expanding the reach of Christian ministry within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Clearwater Church Foundation has received a score of 73%, which reflects its performance in accountability and finance. This single beacon score highlights the foundation’s strong adherence to financial responsibility, with an impressive program expense ratio of 88.61%. This indicates that a significant portion of its funds is directed towards its charitable programs, which is a positive sign for potential donors.
Strengths of the organization include having a fully independent board of directors, which consists of five members, and demonstrating no material diversion of assets. The foundation also maintains an excellent track record with a liabilities to assets ratio of 0.00%, suggesting a solid financial footing. Additionally, the organization documents its board meeting minutes, showing transparency in its governance practices.
Despite these strengths, the overall score reflects that the foundation may have areas for improvement, potentially in aspects not covered by the financial metrics alone. While the accountability and financial aspects seem robust, potential donors might want to look for more comprehensive evaluations of program impact and organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Clearwater Church Foundation legitimate?
Clearwater Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clearwater Church 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: $0
For more financial information, click here
What is the mission statement of Clearwater Church Foundation?
The Clearwater Church Foundation's mission is centered around supporting the programs of Clearwater Church and other Christian organizations. In doing so, they aim to contribute to various activities and initiatives within the Christian community. Their expenditures are primarily allocated towards the maintenance of facilities, preparing individuals for service in the Christian ministry, and providing necessary items for the church. The foundation's role is instrumental in supporting the operations and growth of these religious organizations.
What is the revenue of Clearwater Church Foundation?
Clearwater Church Foundation's revenue in 2023 was $40,674.
Who are the executives of Clearwater Church Foundation and what are their salaries?
There 5 volunteers at Clearwater Church Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Clearwater Church Foundation?
Clearwater Church Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Clearwater Church Foundation
Clearwater Church Foundation, as outlined in the provided information, is a nonprofit organization with a mission to support the programs of Clearwater Church and other Christian organizations. In simpler terms, this foundation aims to contribute financially to the initiatives and operations of these religious institutions and other faith-based organizations. The specific areas of support include the maintenance of facilities, the preparation of individuals for service in the Christian ministry, and the provision of various items necessary for the church's functioning. By doing so, the Clearwater Church Foundation plays a crucial role in fostering and strengthening the work of these religious organizations, thereby contributing to the broader Christian community.
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Impact
October, 2024
Clearwater Church Foundation significantly impacts the community by supporting programs at Clearwater Church and various Christian organizations. Its focus on maintaining facilities ensures a welcoming and functional space for worship and community engagement. Additionally, the foundation invests in preparing individuals to serve in Christian ministry, creating a pipeline of leaders dedicated to spiritual growth and service. This commitment to fostering a strong church presence enhances the overall community, offering vital human services and spiritual support to those in Fort Collins, CO, and beyond. Through its contributions, the foundation not only sustains church operations but also uplifts the community by empowering individuals and promoting outreach initiatives.
This information is meant to be a general summary of Clearwater Church 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 2023.
- Investment Income: $5,231
- Gross Receipts: $572,361
Assets and Liabilities:
- Total Assets: $626,124
- Total Liabilities: $0
- Net Assets: $626,124
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Organization Details
Founding Year
1981
Principal Officer
Tammera L Wilgers
NTEE Category
Code: P20Z - Human services
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