Overview
What is Lee Bivins Foundation?
The Lee Bivins Foundation is a nonprofit organization situated in Amarillo, Texas, specifically at 2311 WEST 16TH AVENUE. Its primary mission is to establish and maintain homes for needy, elderly individuals in the Amarillo area, offering them a high-quality living environment with private rooms and bathrooms. The foundation prioritizes admitting individuals who practice the Christian religion. The organization's main focus was providing skilled nursing care, as demonstrated by its operation of Bivins Pointe, a facility that served senior adults in northern 26 counties of the Texas Panhandle, regardless of income, until May 1, 2021, when it ceased operations. As of the provided information, the foundation currently has 87 employees.
Official website here: www.bivinsfoundations.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Lee Bivins Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in Accountability and Finance with a score of 79%. This score reflects the organization's commitment to transparency and sound financial practices, with all board members being independent, which enhances the governance of the charity.
The foundation excels in various metrics such as having 100% independent board members, no material diversion of assets, and comprehensive policies for conflict of interest and whistleblowing. These aspects contribute positively to the trust and reliability of the organization. Additionally, the foundation has appropriately listed its tax documents on its website, ensuring accessibility.
However, the foundation's program expense ratio is lower than ideal, at 53.51%, which may raise concerns about the proportion of funds directly allocated to its programs versus administrative costs. Overall, while the Lee Bivins Foundation demonstrates strong accountability, it may need to focus on increasing its program spending to enhance its effectiveness and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Lee Bivins Foundation legitimate?
Lee Bivins Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lee Bivins 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: $0
Other Salaries and Wages: $243,323
For more financial information, click here
Official website here: www.bivinsfoundations.org
What is the mission statement of Lee Bivins Foundation?
The Lee Bivins Foundation's primary mission is to establish and maintain homes for worthy, aged, and needy individuals. These homes are intended for individuals living in or near Amarillo, Texas, in Potter or Randall Counties. The foundation's purpose is to operate these homes, expand or rebuild them as necessary, and prioritize admission to those who practice the Christian religion. The maintenance and operation of these homes always have precedence in the use of the foundation's income and property. The foundation's main goal is to provide a home for those in need, ensuring they live with dignity and care.
Official website here: www.bivinsfoundations.org
Who is the CEO of Lee Bivins Foundation?
Katharyn Wiegand is the President of Lee Bivins Foundation.
Official website here: www.bivinsfoundations.org
What is the revenue of Lee Bivins Foundation?
Lee Bivins Foundation's revenue in 2022 was $46,873.
Official website here: www.bivinsfoundations.org
Who are the executives of Lee Bivins Foundation and what are their salaries?
The average compensation at Lee Bivins Foundation during 2022 was $2,797. There are 87 employees at Lee Bivins Foundation.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $226,527
- Other: $13,592
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- Related: $174,056
- Other: $22,813
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.bivinsfoundations.org
Where can I find the form 990 for Lee Bivins Foundation?
Lee Bivins Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bivinsfoundations.org
Learn more at the official website: www.bivinsfoundations.org
Mission Statement of Lee Bivins Foundation
The Lee Bivins Foundation is committed to building, establishing, and maintaining homes for worthy, aged, and needy individuals in a specified area. This organization prioritizes individuals who have lived and practiced the Christian religion. The primary purpose of the foundation is to operate these homes, expand or rebuild them as necessary, and ensure that the income and property belonging to the foundation are utilized in maintaining these homes. The foundation's activities are centered around providing a living space for those in need, with a preference given to individuals who share the Christian faith.
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Impact
August, 2024
The Lee Bivins Foundation's impact has been focused on providing high-quality healthcare for senior adults in the northern 26 counties of the Texas Panhandle. Through its operations of Bivins Pointe, the foundation ensured that regardless of income level, senior adults received top-notch care in a living environment with private rooms and baths. The foundation's primary financial focus was on skilled nursing care for the elderly. While its operations at Bivins Pointe have ceased as of May 1, 2021, the foundation's mission to establish and maintain homes for worthy, aged, and needy persons in the Amarillo area remains central to its purpose.
This information is meant to be a general summary of Lee Bivins 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: $645
- Program Service Revenue: $46,128
- Gross Receipts: $46,873
Assets and Liabilities:
- Total Assets: $10,096,585
- Total Liabilities: $5,019,905
- Net Assets: $5,076,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER OPERATING REVENUE
Revenue
$46,128
Organization Details
Founding Year
2002
Phone
(806) 379-9400Principal Officer
Katharyn Wiegand
Main Address
2311 WEST 16TH AVENUE, AMARILLLO, TX, 79102
Website
www.bivinsfoundations.orgNTEE Category
Code: L22 - Housing
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