Overview
What is Phillips County Community Foundation Inc?
Phillips County Community Foundation Inc is a dedicated nonprofit organization based in Phillips County, promoting civic pride and fostering community harmony. They actively encourage various community projects, raising funds to financially support local initiatives. The foundation also offers scholarships for students pursuing higher education within the area. As part of its revitalization efforts, PCCF manages a donated office building, providing space for entrepreneurial businesses. Additionally, PCCF has an endowment program to financially aid pre-selected community organizations, further strengthening the local community.
Official website here: www.phillipscountycommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Phillips County Community Foundation Inc has achieved a solid rating of 81%, reflecting a strong emphasis on accountability and finance. This score is derived entirely from a single beacon score, indicating robust organizational practices that include a fully independent board and effective management of financial resources. The foundation’s accountability practices are comprehensive, featuring listed policies on conflict of interest, whistleblowing, and document retention, which collectively enhance its credibility.
Strengths are evident in the foundation's management of assets, with a low liabilities to assets ratio of 0.03%, demonstrating financial stability. Additionally, their significant program expense ratio of 74.62% suggests that a large portion of their funding is directed towards program activities rather than administrative costs. This is positive for potential donors looking to support initiatives that have a direct impact on the community.
However, while the foundation scores well on accountability and financial practices, the overall rating does not provide insight into the effectiveness of their programs or community impact. As such, potential supporters may want to seek further information on the foundation's specific initiatives and measurable outcomes before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Phillips County Community Foundation Inc legitimate?
Phillips County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phillips County Community Foundation 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: $43,067
For more financial information, click here
Official website here: www.phillipscountycommunityfoundation.org
What is the mission statement of Phillips County Community Foundation Inc?
The Phillips County Community Foundation (PCCF) is committed to fostering civic pride and community unity, encouraging various community projects, and raising and distributing funds to support local interests. They have established an endowment program to aid pre-selected community organizations, chosen by donors. As part of their revitalization efforts, PCCF manages a donated office building, renting out space to entrepreneurial businesses. The foundation's main objective is to promote community development and cohesion financially.
Official website here: www.phillipscountycommunityfoundation.org
Who is the CEO of Phillips County Community Foundation Inc?
Colin Kirchoff is the Principal Officer of Phillips County Community Foundation Inc.
Official website here: www.phillipscountycommunityfoundation.org
What is the revenue of Phillips County Community Foundation Inc?
Phillips County Community Foundation Inc's revenue in 2022 was $802,374.
Official website here: www.phillipscountycommunityfoundation.org
Who are the executives of Phillips County Community Foundation Inc and what are their salaries?
The average compensation at Phillips County Community Foundation Inc during 2022 was $8,613. There are 5 employees at Phillips County Community Foundation Inc.
Here are 11 key members and their salaries:
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Official website here: www.phillipscountycommunityfoundation.org
Where can I find the form 990 for Phillips County Community Foundation Inc?
Phillips County Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phillipscountycommunityfoundation.org
Learn more at the official website: www.phillipscountycommunityfoundation.org
Mission Statement of Phillips County Community Foundation Inc
Phillips County Community Foundation (PCCF) is committed to fostering civic pride and community unity, encouraging various community projects, raising and granting funds, and establishing avenues for financially supporting the local community and its interests. As part of their revitalization efforts, PCCF manages a donated office building, leasing space to entrepreneurial businesses. The foundation has also established an endowment program, supporting other community organizations that have been pre-selected by donors. This nonprofit organization's mission is geared towards promoting the well-being and development of the community by investing in projects and organizations that align with its values and goals.
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Impact
July, 2024
Phillips County Community Foundation Inc works towards promoting civic pride and community cohesiveness in Phillipsburg, KS. The foundation encourages various community projects, raises and grants funds to support the local community, and provides avenues for financial assistance to benefit local interests. Additionally, they have established an endowment program to support other community organizations pre-selected by donors. As part of their revitalization efforts, the foundation owns and manages a donated office building where space is rented to entrepreneurial businesses. Phillips County Community Foundation Inc plays a vital role in fostering community development and supporting local initiatives.
This information is meant to be a general summary of Phillips County Community Foundation 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.
- Investment Income: $50,311
- Program Service Revenue: $9,883
- Gross Receipts: $1,215,078
Assets and Liabilities:
- Total Assets: $2,208,714
- Total Liabilities: $973
- Net Assets: $2,207,741
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADM FEE INCOME
Revenue
$8,928
OTHER INCOME
Revenue
$955
PROJECT REVENUE
PY RETURNED SCHOLARSHIP
Organization Details
Founding Year
2003
Phone
(785) 540-4110Principal Officer
Colin Kirchoff
Main Address
205 F ST PO BOX 508, PHILLIPSBURG, KS, 67661
NTEE Category
Code: T30 - Philanthropy
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