Overview
What is Fund For Santa Barbara Inc?
Fund for Santa Barbara Inc, located at 1219 State Street, Santa Barbara, CA 93101, is a community-focused nonprofit organization with a mission to tackle the underlying causes of economic, social, and environmental issues in Santa Barbara County. They achieve this by granting financial aid and offering free consulting services to local grassroots organizations. With a staff of 12 individuals, this nonprofit plays a crucial role in empowering and supporting community-driven initiatives, contributing to a more resilient and equitable Santa Barbara County.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98%, Four-Star out of Four Stars
Fund For Santa Barbara Inc has achieved an impressive rating of 98%, reflecting a high level of accountability and financial health. This score indicates that the organization performs exceptionally well in managing its resources and maintaining transparency, with a focus on ethical governance practices. The Four-Star rating is a testament to its commitment to high standards in nonprofit management.
The organization boasts an entirely independent board, with 20 members, ensuring that decisions are made without conflicts of interest. It also demonstrates strong financial oversight, with a comprehensive audit committee and proper adherence to financial reporting standards. The program expense ratio of 76.23% indicates that a significant portion of its funding is directed towards its programs and services, further highlighting its effectiveness in fulfilling its mission.
While the organization shows numerous strengths, it is essential for potential donors to consider its overall impact in the community and how effectively its programs address the needs of those it serves. Nonetheless, the strong financial practices and governance noted in its rating suggest that Fund For Santa Barbara Inc is a reliable choice for individuals looking to support a nonprofit with integrity and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Fund For Santa Barbara Inc legitimate?
Fund For Santa Barbara Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For Santa Barbara 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: $557,130
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What is the mission statement of Fund For Santa Barbara Inc?
The Fund for Santa Barbara Inc, as a community foundation, is committed to providing financial assistance and free consulting to grassroots organizations in Santa Barbara County. Their mission is geared towards addressing the underlying causes of social, economic, and environmental challenges within the community. By offering financial aid and expert guidance, they aim to foster sustainable and impactful changes in the region.
Who is the CEO of Fund For Santa Barbara Inc?
Rev Julia Hamilton is the President of Fund For Santa Barbara Inc.
What is the revenue of Fund For Santa Barbara Inc?
Fund For Santa Barbara Inc's revenue in 2022 was $1,727,517.
Who are the executives of Fund For Santa Barbara Inc and what are their salaries?
The average compensation at Fund For Santa Barbara Inc during 2022 was $46,428. There are 12 employees and 65 volunteers at Fund For Santa Barbara Inc.
Here are 21 key members and their salaries:
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Where can I find the form 990 for Fund For Santa Barbara Inc?
Fund For Santa Barbara Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fund For Santa Barbara Inc
The Fund for Santa Barbara Inc, a nonprofit community foundation, is committed to tackling the underlying causes of social, economic, and environmental issues in Santa Barbara County. At the heart of its mission is the provision of financial assistance in the form of cash grants and expert consulting services to grassroots organizations operating within the region. This approach empowers these local organizations, enabling them to effectively address the unique challenges they face and contribute positively to their communities.
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Impact
July, 2024
The Fund For Santa Barbara Inc provides cash grants and free consulting to grassroots organizations in Santa Barbara County, addressing the root causes of social, economic, and environmental challenges in the region. Their impact is seen in the support and empowerment of local organizations working towards positive change in the community.
This information is meant to be a general summary of Fund For Santa Barbara 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: $139,939
- Program Service Revenue: $40,554
- Gross Receipts: $2,012,023
Assets and Liabilities:
- Total Assets: $3,035,480
- Total Liabilities: $213,402
- Net Assets: $2,822,078
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Grant Management Fees
Revenue
$37,120
Workshops
Revenue
$3,434
Organization Details
Founding Year
1980
Phone
(805) 736-0164Principal Officer
Rev Julia Hamilton
Main Address
1219 State Street, SANTA BARBARA, CA, 93101
NTEE Category
Code: T31Z - Philanthropy
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