Overview
What is Deep Ellum Foundation?
The Deep Ellum Foundation is a nonprofit organization based in Dallas, Texas, with a focus on maintaining and enhancing the Deep Ellum neighborhood. They achieve this by connecting and informing stakeholders, providing public safety services, maintaining and improving the built environment, marketing and promoting the area, and cultivating core assets such as art, music, culture, entrepreneurship, and diversity. This continuous nurturing of the community's vital elements contributes to its ongoing thrival. Their mission is to serve, preserve, and advocate for Deep Ellum, investing in its safety, aesthetics, promotion, and unique character. The organization employs a team of eight individuals in carrying out these tasks.
Official website here: www.deepellum-foundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Deep Ellum Foundation received a two-star rating from Charity Navigator, indicating that while it shows some accountability and financial responsibility, there are significant areas requiring improvement. The organization boasts a fully independent board and has excellent scores for its financial statements, indicating a commitment to transparency and oversight.
Strengths include a high program expense ratio of 92.81%, which suggests that a large majority of its funds are directed towards its programs rather than administrative costs or fundraising. However, the lack of key policies such as conflict of interest and whistleblower protections raises concerns about governance practices. Additionally, the foundation's liabilities to assets ratio is quite high, which may indicate potential financial instability.
The foundation's fundraising efficiency is noted as lacking, with a score of $0.00, which could impact its ability to sustain operations and programs in the long term. Overall, while the Deep Ellum Foundation demonstrates strengths in some areas, it must address its governance policies and financial ratios to improve its rating and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Deep Ellum Foundation legitimate?
Deep Ellum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deep Ellum 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $239,706
For more financial information, click here
Official website here: www.deepellum-foundation.com
What is the mission statement of Deep Ellum Foundation?
The Deep Ellum Foundation's mission is to preserve and enhance the community by performing several key functions. These include connecting and informing stakeholders, providing public safety services, maintaining and improving the built environment, marketing and promoting the area, and cultivating core assets such as art, music, culture, entrepreneurship, and diversity. This continuous nurturing of these elements is intended to stimulate the community's growth and sustainability.
Official website here: www.deepellum-foundation.com
Who is the CEO of Deep Ellum Foundation?
Jon Hetzel is the Trustee of Deep Ellum Foundation.
Official website here: www.deepellum-foundation.com
What is the revenue of Deep Ellum Foundation?
Deep Ellum Foundation's revenue in 2022 was $2,019,560.
Official website here: www.deepellum-foundation.com
Who are the executives of Deep Ellum Foundation and what are their salaries?
The average compensation at Deep Ellum Foundation during 2022 was $44,963. There are 8 employees at Deep Ellum Foundation.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.deepellum-foundation.com
Where can I find the form 990 for Deep Ellum Foundation?
Deep Ellum Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.deepellum-foundation.com
Learn more at the official website: www.deepellum-foundation.com
Mission Statement of Deep Ellum Foundation
The Deep Ellum Foundation is dedicated to preserving and enhancing the Deep Ellum neighborhood. To achieve this mission, the organization takes several strategic steps. Firstly, it connects and informs stakeholders within the community, fostering a sense of unity and shared purpose. Secondly, Deep Ellum Foundation provides essential public safety services, ensuring the neighborhood remains safe and secure for its residents and visitors. Thirdly, the foundation works to maintain and improve the built environment, ensuring the area remains visually appealing and functional.
In addition to these efforts, Deep Ellum Foundation actively promotes the area, showcasing its unique attractions and businesses to a wider audience. This marketing strategy helps to attract new residents and visitors, further strengthening the community. Lastly, the foundation nurtures and cultivates core assets such as art, music, culture, entrepreneurship, and diversity. These assets serve as the backbone of the community, continually inspiring creativity and innovation, and driving the community towards continued growth and success. By taking these various approaches, Deep Ellum Foundation works tirelessly to maintain, enhance, and advocate for the Deep Ellum neighborhood, ensuring it remains a vibrant and thriving community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Deep Ellum Foundation's impact can be seen in the cohesive and vibrant community it helps maintain and enhance. By connecting and informing stakeholders, providing public safety services, maintaining and improving the built environment, marketing and promoting the area, and cultivating core assets like art, music, culture, entrepreneurship, and diversity, the foundation continuously fuels the Deep Ellum neighborhood to thrive. Its efforts contribute to a safe, culturally rich, and economically vibrant environment that benefits residents, businesses, and visitors alike.
This information is meant to be a general summary of Deep Ellum 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 2022.
- Investment Income: -$167
- Gross Receipts: $2,019,560
Assets and Liabilities:
- Total Assets: $1,862,011
- Total Liabilities: $1,525,028
- Net Assets: $336,983
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1993
Phone
(214) 984-7300Principal Officer
Jon Hetzel
Main Address
PO BOX 710596, DALLAS, TX, 75371
Website
www.deepellum-foundation.comNTEE Category
Code: A80 - Arts
If you are a representative of Deep Ellum Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.