Overview
What is Christian Foundation Of America?
The Christian Foundation of America, also known as Christian Foundation of The West, is a nonprofit organization situated in Westlake Village, California. Their primary mission involves granting funds to churches, Christian organizations, and other charitable entities. To further this objective, they established the Center for Mission Effectiveness (CME) in 2021, aiming to enhance the capacity of the Christian community by equipping them with tools, resources, and best practices for charitable giving and stewardship. Additionally, they offer a program called BLINC, which aims to foster compassionate engagement and generosity in local communities. The Foundation also provides stewardship training, financial education, and planned giving programs, acting as a financial resource by offering grants and loans to eligible organizations.
Official website here: www.cfa.charity
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
Christian Foundation Of America Dba Christian Foundation Of The West has earned an 85% rating from Charity Navigator, reflecting a strong focus on accountability and finance. This score indicates transparency and responsible financial management, particularly highlighted by the charity's high marks for an independent board and a solid program expense ratio of 95.53%. Such metrics suggest that the organization effectively directs funds toward its programs.
One of the notable strengths is the charity's commitment to governance, with 100% independent board members and no material diversion of assets. The financial statements also receive commendable ratings, showcasing a well-structured audit and oversight process. However, the absence of a whistleblower policy and a document retention and destruction policy raises some concerns about comprehensive governance practices.
While the organization demonstrates excellent fundraising efficiency, a liability to assets ratio of 61.78% could indicate potential financial risks if not managed properly. Overall, the charity shows strong performance in key areas, but attention to the noted gaps in policies could enhance its governance framework and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Foundation Of America legitimate?
Christian Foundation Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Foundation Of America 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: $109,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $207,436
For more financial information, click here
Official website here: www.cfa.charity
What is the mission statement of Christian Foundation Of America?
The Christian Foundation of America, formerly known as Christian Foundation of the West, operates as a Christian community foundation. Its primary functions include facilitating planned giving programs, allocating and administering funds received through planned giving, serving as a financial resource by providing grants and loans, and offering stewardship training and financial education. The organization aims to equip the Christian community with the necessary tools, resources, knowledge, and best practices for stewardship and generous giving. In addition, they conduct capacity-building initiatives through the Center for Mission Effectiveness, established in 2021. Furthermore, they have a communications program called BLINC, whose mission is to foster engagement in communities with compassion and generosity.
Official website here: www.cfa.charity
Who is the CEO of Christian Foundation Of America?
Katherine L Saigeon is the President/Ed of Christian Foundation Of America.
Official website here: www.cfa.charity
What is the revenue of Christian Foundation Of America?
Christian Foundation Of America's revenue in 2022 was $4,036,826.
Official website here: www.cfa.charity
Who are the executives of Christian Foundation Of America and what are their salaries?
The average compensation at Christian Foundation Of America during 2022 was $52,739. There are 6 employees at Christian Foundation Of America.
Here are 12 key members and their salaries:
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Official website here: www.cfa.charity
Where can I find the form 990 for Christian Foundation Of America?
Christian Foundation Of America's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfa.charity
Learn more at the official website: www.cfa.charity
Mission Statement of Christian Foundation Of America
The Christian Foundation of America, formerly known as Christian Foundation of the West, operates as a Christian community foundation. Its mission is to facilitate planned giving programs, allocate and manage funds obtained through these initiatives, and serve as a financial resource by providing grants and other distributions to churches and charities. Furthermore, the organization offers stewardship training and financial and charitable giving education to empower individuals and communities to engage in charitable giving with compassion and generosity. The Foundation's recent initiative, the Center for Mission Effectiveness, was established to develop capacity within the Christian community, providing the necessary tools, resources, knowledge, and best practices for stewardship and generous giving.
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Impact
July, 2024
Christian Foundation Of America, also known as Christian Foundation Of The West, has a significant impact on the Christian community by facilitating planned giving programs, allocating and administering funds received through planned giving, providing grants and distributions to churches and charities, and offering stewardship training and financial education. Their Center for Mission Effectiveness focuses on equipping the Christian community with tools and resources for generous giving. Additionally, their BLINC communications program fosters community engagement with compassion and generosity. The foundation's "Inspiring Generosity" Grants Program awards financial support to Christian communities in Los Angeles and Ventura. Through programs like GladVisors, they provide stewardship education and outreach to churches, promoting leadership development and financial stewardship. Their mission to encourage charitable giving and support Christian organizations makes a significant impact on the community they serve.
This information is meant to be a general summary of Christian Foundation Of America. 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: -$16,380
- Program Service Revenue: $222,366
- Gross Receipts: $6,655,838
Assets and Liabilities:
- Total Assets: $26,502,638
- Total Liabilities: $16,373,398
- Net Assets: $10,129,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CFA Grant Banquet
Revenue
$11,667
Cost Recovery fees
Revenue
$210,699
Organization Details
Founding Year
1981
Phone
(805) 523-9087Principal Officer
Katherine L Saigeon
Main Address
1 Dole Drive 3133, Westlake Village, CA, 91362
Website
www.cfa.charityNTEE Category
Code: X12 - Religion related
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