Overview
What is Sweetwater Improvement Inc?
Sweetwater Improvement Inc is a nonprofit organization with the primary mission of overseeing charitable events for the Sweetwater Municipal Auditorium and various other gatherings. Their role is to ensure proper organization and management of these events, contributing to the community's social and charitable events scene. The organization's activities are centered around providing organizational control for these charitable events, enhancing the community's event experience.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (73%)
Sweetwater Improvement Inc has received a "Needs Improvement" rating, reflecting significant strengths in some areas but notable weaknesses in others. The organization excels in accountability and finance, demonstrated by a high program expense ratio of 89.83% and a solid liabilities to assets ratio of only 0.03%. Additionally, it boasts a fully independent board, with 10 out of 10 points for both board member independence and size.
However, the charity's performance is marred by several missing governance policies and documentation. Specifically, it lacks a conflict of interest policy, whistleblower policy, and guidelines for document retention and destruction, all of which contributed to a low score in these categories. Furthermore, the absence of basic transparency measures like a website and tax form on its site has negatively impacted its overall rating.
In summary, while Sweetwater Improvement Inc demonstrates strong financial responsibility and governance through an independent board, its lack of critical policies and transparency measures hampers its effectiveness and overall rating. Stakeholders may wish to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sweetwater Improvement Inc legitimate?
Sweetwater Improvement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sweetwater Improvement 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.
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What is the mission statement of Sweetwater Improvement Inc?
Sweetwater Improvement Inc's mission is centered around providing organizational structure for charitable events, specifically for the Sweetwater Municipal Auditorium and other similar events. The organization's primary goal is to ensure these events run smoothly and effectively, contributing to various charitable causes. They serve as the backbone, providing the necessary control and coordination, thereby enabling these events to make a positive impact. Although the specifics of the charitable causes or events are not detailed, it is clear that Sweetwater Improvement Inc plays a vital role in facilitating these events for the betterment of various communities.
What is the revenue of Sweetwater Improvement Inc?
Sweetwater Improvement Inc's revenue in 2024 was $91,390.
Who are the executives of Sweetwater Improvement Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Sweetwater Improvement Inc?
Sweetwater Improvement Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Sweetwater Improvement Inc
Sweetwater Improvement Inc, as its mission statement suggests, is dedicated to exerting organizational control over charitable events held at the Sweetwater Municipal Auditorium and various other venues. The primary objective of this nonprofit organization is to ensure the smooth and successful execution of these events, with a focus on charitable causes. By providing organizational control, Sweetwater Improvement Inc contributes to the overall success of these events, thereby making a positive impact on the community. The organization's role is crucial in ensuring that all aspects of the events, from planning to execution, are managed effectively, ultimately leading to a successful and memorable experience for all involved.
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Impact
October, 2024
Sweetwater Improvement Inc plays a crucial role in enhancing community engagement and cultural vitality in Sweetwater, Texas. By providing organizational control for charitable events at the Sweetwater Municipal Auditorium and other venues, the organization fosters a sense of community and encourages local participation.
These events not only bring residents together but also generate support for various charitable causes, thereby addressing local needs and improving the quality of life in the area. Through its efforts, Sweetwater Improvement Inc effectively strengthens community ties, promotes social well-being, and contributes to the overall improvement of the Sweetwater community.
This information is meant to be a general summary of Sweetwater Improvement 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 2024.
- Gross Receipts: $102,564
Assets and Liabilities:
- Total Assets: $245,636
- Total Liabilities: $83
- Net Assets: $245,553
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Organization Details
Founding Year
1979
Principal Officer
Karen Hunt
NTEE Category
Code: S31Z - Community improvement
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