Overview
What is Hilltop Lakes Chapel Foundation?
Hilltop Lakes Chapel Foundation is a nonprofit organization based in Hilltop Lakes, Texas. Its primary mission is to offer support to the local chapel in the area by accepting donations and memorials. This foundation's purpose is to contribute to the chapel's upkeep and activities, ensuring its continued presence and services for the community. The organization receives contributions through various means, contributing to its mission of supporting the Hilltop Lakes, Texas chapel.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Hilltop Lakes Chapel Foundation has achieved a commendable 94% rating from Charity Navigator, which translates to a Four-Star designation. This rating is based solely on its Accountability & Finance metrics, indicating a strong emphasis on transparency and responsible financial management. The organization excelled in multiple areas, showcasing a solid governance structure with 100% of its board members being independent.
Strengths highlighted in the evaluation include a perfect score for its conflict of interest and whistleblower policies, as well as effective document retention practices. Additionally, the foundation demonstrates exceptional financial efficiency, with an impressive 97.73% of its expenses allocated directly to programs. It also maintains a robust financial health profile, evidenced by a 0.00% liabilities to assets ratio.
While the data showcases the foundation’s strengths in governance and financial stewardship, potential donors may still want to evaluate the impact of its programs. The rating reflects solid management practices, but further insights into program effectiveness could enhance understanding of the foundation's broader social impact.
This AI summary has been generated from information found on Charity Navigator.
Is Hilltop Lakes Chapel Foundation legitimate?
Hilltop Lakes Chapel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hilltop Lakes Chapel 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:
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What is the mission statement of Hilltop Lakes Chapel Foundation?
The Hilltop Lakes Chapel Foundation's mission is to support a chapel, without specifying its location, by receiving gifts and memorials. This mission aims to contribute to the upkeep and maintenance of the chapel, providing financial assistance through these donations. The foundation's primary activity is focused on collecting and managing these contributions, thereby ensuring the chapel's continuity and preservation. The foundation serves as a bridge between the community and the chapel, facilitating support and fostering its spiritual wellbeing.
What is the revenue of Hilltop Lakes Chapel Foundation?
Hilltop Lakes Chapel Foundation's revenue in 2023 was $73,528.
Who are the executives of Hilltop Lakes Chapel Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Hilltop Lakes Chapel Foundation?
Hilltop Lakes Chapel Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hilltop Lakes Chapel Foundation
The Hilltop Lakes Chapel Foundation is a charitable organization with a mission to support the Hilltop Lakes Chapel. They achieve this by receiving gifts and memorials. In essence, the foundation acts as a conduit for donations aimed at sustaining and enhancing the chapel's operations and services. By collecting and managing these contributions, the Hilltop Lakes Chapel Foundation serves as a vital pillar of support for the spiritual well-being of its community.
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Impact
October, 2024
Hilltop Lakes Chapel Foundation significantly enhances the spiritual and communal life of Hilltop Lakes, TX, by providing essential support to the local chapel. Through the generous receipt of gifts and memorials, the foundation enables the chapel to maintain its facilities, organize community events, and offer programs that enrich the lives of residents and visitors alike. This support fosters a nurturing environment for spiritual growth and community connection, reinforcing the chapel's role as a cornerstone of the Hilltop Lakes community. The foundation’s efforts ensure that the chapel can continue its mission of service and outreach, facilitating a welcoming space for worship, reflection, and fellowship.
This information is meant to be a general summary of Hilltop Lakes Chapel 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: $12,177
- Gross Receipts: $202,267
Assets and Liabilities:
- Total Assets: $391,484
- Total Liabilities: $0
- Net Assets: $391,484
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Organization Details
Founding Year
1989
Principal Officer
Ron Pate
NTEE Category
Code: X20 - Religion related
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