Overview
What is Warm Foundation?
The Warm Foundation is a nonprofit organization situated in Fort Worth, Texas. Its primary mission is to provide facilities and financial aid to What About Remembering Me Center, Inc., also known as The Warm Place. This secondary organization focuses on offering support to children and their families who are coping with the loss of a loved one or friend. The Warm Foundation's contributions enable The Warm Place to carry out its purpose effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Warm Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization's score indicates that it effectively manages its resources and adheres to high standards of transparency. With a perfect score for having an independent board, the foundation demonstrates a robust governance structure that enhances its credibility.
Strengths noted in the assessment include a solid program expense ratio of 66.53%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. Furthermore, the foundation has established comprehensive policies, including conflict of interest and whistleblower protections, contributing to its high accountability score. This commitment to operational integrity is further highlighted by a low liabilities to assets ratio, indicating financial stability.
Despite these strengths, the program expense ratio could be improved, as it is slightly below the optimal threshold. This may suggest that there is room for the foundation to enhance its program investment further. Overall, the Warm Foundation's solid performance in accountability and finance positions it as a reliable choice for potential donors seeking impactful charitable organizations.
This AI summary has been generated from information found on Charity Navigator.
Is Warm Foundation legitimate?
Warm Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Warm 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: $0
Professional Fundraising Fees: $12,200
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Warm Foundation?
The Warm Foundation supports the Warm Place, an organization known as What About Remembering Me Center, Inc., in its mission to provide assistance to children and their families who are going through the loss of a family member or friend. The Warm Foundation achieves this by offering financial aid and facilitating necessary resources. The primary objective of the Warm Place is to offer comfort and aid during this challenging time, providing a supportive environment for the grieving individuals. The Warm Foundation's efforts are instrumental in enabling the Warm Place to carry out its purpose effectively.
Who is the CEO of Warm Foundation?
Shelley Bettis is the Executive Director of Warm Foundation.
What is the revenue of Warm Foundation?
Warm Foundation's revenue in 2022 was $1,935,449.
Who are the executives of Warm Foundation and what are their salaries?
There 5 volunteers at Warm Foundation.
Here are 6 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: $114,474
- Other: $14,827
Where can I find the form 990 for Warm Foundation?
Warm Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Warm Foundation
The Warm Foundation plays a crucial role in supporting the What About Remembering Me Center, Inc., commonly known as The Warm Place. This nonprofit organization provides financial and facility assistance to The Warm Place, which is dedicated to aiding children and their families who are navigating the loss of a loved one or friend. The Warm Foundation's mission is to contribute to the center's objective of offering comfort and assistance during this challenging time. By offering its resources, the Warm Foundation helps The Warm Place to continue its mission of providing a supportive environment and necessary services to families in need.
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Impact
July, 2024
Warm Foundation's impact lies in providing crucial facilities and financial support to What About Remembering Me Center, Inc. (D.B.A. The Warm Place) in Fort Worth, TX. By doing this, they aid in offering support to children and their families who are navigating the difficult experience of losing a family member or friend. Their contribution directly enhances the emotional well-being and resilience of these individuals during challenging times.
This information is meant to be a general summary of Warm 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: $22,548
- Program Service Revenue: $109,200
- Gross Receipts: $2,053,190
Assets and Liabilities:
- Total Assets: $4,828,861
- Total Liabilities: $252,035
- Net Assets: $4,576,826
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FROM AFFILIATED O
Revenue
$109,200
Organization Details
Founding Year
1996
Phone
(817) 870-2272Principal Officer
Shelley Bettis
Main Address
809 LIPSCOMB STREET, FORT WORTH, TX, 761043121
NTEE Category
Code: T30 - Philanthropy
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