Overview
What is Quality Of Life Foundation Of Austin Inc?
Quality of Life Foundation of Austin Inc, based in Austin, Texas, is a nonprofit organization with a mission to uplift the community. Their activities primarily focus on enhancing educational attainment, reducing poverty, increasing employment, and fostering economic opportunities for families in Central Texas. Beyond this, they support various cultural, historical, research, conservation, environmental, and beautification initiatives that benefit the city, state, or nation. The foundation also promotes patriotism and civic pride within its community. Their headquarters can be found at 535 East 5th Street, Austin, TX 78701.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star Rating)
The Quality Of Life Foundation Of Austin Inc has received a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The rating is based on a single beacon score focused entirely on financial transparency and ethical governance, with the foundation achieving a score of 90%. This high score indicates effective management of funds and a commitment to operational integrity.
One of the foundation's notable strengths is its governance structure, consisting of a fully independent board that met all criteria for independence and size. Additionally, the organization has demonstrated sound financial health, maintaining a very low liabilities to assets ratio of 4.74%. The commitment to transparency is further underscored by their adherence to policies such as whistleblower protection and document retention.
While the foundation shows robust financial and governance metrics, no significant limitations were identified in the data provided. Overall, the Quality Of Life Foundation Of Austin Inc exemplifies a nonprofit that manages its resources effectively while prioritizing accountability and transparency, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Quality Of Life Foundation Of Austin Inc legitimate?
Quality Of Life Foundation Of Austin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quality Of Life Foundation Of Austin Inc 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 Quality Of Life Foundation Of Austin Inc?
The Quality of Life Foundation of Austin Inc's mission encompasses supporting various activities that contribute to the betterment of communities. This includes cultural, historical, research, conservation, environmental, and beautification initiatives. The foundation also aims to promote patriotism and foster civic pride within the community, state, or country. Their purpose is to benefit cities, states, and the United States as a whole through their community development activities.
Who is the CEO of Quality Of Life Foundation Of Austin Inc?
Jeremy Martin is the President of Quality Of Life Foundation Of Austin Inc.
What is the revenue of Quality Of Life Foundation Of Austin Inc?
Quality Of Life Foundation Of Austin Inc's revenue in 2022 was $610,473.
Who are the executives of Quality Of Life Foundation Of Austin Inc and what are their salaries?
There 4 volunteers at Quality Of Life Foundation Of Austin Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $467,039
- Other: $55,531
- 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 Quality Of Life Foundation Of Austin Inc?
Quality Of Life Foundation Of Austin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Quality Of Life Foundation Of Austin Inc
The Quality of Life Foundation of Austin Inc is dedicated to supporting a variety of community development activities that benefit cities, states, and the nation as a whole. This nonprofit organization's mission encompasses cultural, historical, research, conservation, environmental, and beautification initiatives. Beyond these, the Foundation also promotes patriotism and fosters civic pride within the community, state, or country. By engaging in these pursuits, the Quality of Life Foundation of Austin Inc plays a significant role in uplifting its community and enhancing the overall quality of life for its residents.
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Impact
July, 2024
Quality Of Life Foundation Of Austin Inc's impact is evident in its support of various cultural, historical, research, conservation, environmental, and community development activities that benefit Austin, Texas, and the United States. The Foundation has played a crucial role in implementing regional strategies to improve educational attainment, reduce poverty, increase employment, and enhance economic opportunities for families in Central Texas. Additionally, the Foundation promotes patriotism and civic pride in the community, state, and country. Through its philanthropic efforts, the Foundation has made a positive impact on the quality of life in Austin and beyond.
This information is meant to be a general summary of Quality Of Life Foundation Of Austin Inc. 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.
- Gross Receipts: $610,473
Assets and Liabilities:
- Total Assets: $541,172
- Total Liabilities: $25,667
- Net Assets: $515,505
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Organization Details
Founding Year
1985
Phone
(512) 478-9383Principal Officer
Jeremy Martin
Main Address
535 East 5th Street, Austin, TX, 78701
NTEE Category
Code: T70Z - Philanthropy
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