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Toole County Community Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 810533137 ✦ Shelby, MT ✦ Designated as a 501(c)(3)

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Overview

What is Toole County Community Foundation?

The Toole County Community Foundation is a nonprofit organization dedicated to serving the residents of Toole County. Their primary focus is on providing various services to the community, encompassing educational support, promoting civic pride through the display of a large American flag, and fostering economic growth. The foundation's mission is centered around these aspects, aiming to enhance the overall well-being and development of Toole County's citizens.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star

The Toole County Community Foundation has received a One-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 50%. This low rating is primarily due to significant deficiencies in accountability and finance practices, as the score is completely derived from this single beacon. The organization has no independent board members, which raises concerns about governance and oversight.

While the foundation demonstrates a strong program expense ratio of 100%, indicating that all expenses are directed toward its programs, it falls short in essential governance areas. Key policies such as conflict of interest, whistleblower protections, and document retention are missing, which could impact transparency and accountability to stakeholders.

Additionally, the foundation's website is not listed on its tax form, and there is no public access to board meeting minutes or the tax form itself, which limits public insight into its operations. These governance issues highlight the need for improvement to ensure compliance and rebuild trust within the community.


This AI summary has been generated from information found on Charity Navigator.

Is Toole County Community Foundation legitimate?

Toole County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toole County Community 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: $0

For more financial information, click here

What is the mission statement of Toole County Community Foundation?

The Toole County Community Foundation's mission is centered around serving the community's citizens. Their mission encompasses providing support for educational initiatives, maintaining a large American flag as a symbol of unity, and fostering economic development within the community. The organization's activities primarily focus on community support.

Who is the CEO of Toole County Community Foundation?

Mac Mcdermott is the President of Toole County Community Foundation.

What is the revenue of Toole County Community Foundation?

Toole County Community Foundation's revenue in 2022 was $176,944.

Who are the executives of Toole County Community Foundation and what are their salaries?


Here are 3 key members and their salaries:


Dwaine Iverson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mac Mcdermott (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorette Carter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Toole County Community Foundation?

Toole County Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Toole County Community Foundation

The Toole County Community Foundation is dedicated to serving the citizens of Toole County. Their mission encompasses providing various services, including support for education, flying a large American flag, and contributing to economic development. This nonprofit organization focuses on uplifting their community through these initiatives, aiming to foster a sense of unity and progress.

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Impact




October, 2024

Toole County Community Foundation enhances the quality of life for residents by focusing on vital areas such as education, community pride, and economic growth. Their support for educational initiatives helps foster a learning environment that benefits students and educators. The foundation's commitment to displaying a large American flag evokes a sense of national pride and unity among citizens. Additionally, their efforts in economic development aim to create more opportunities for local businesses and stimulate economic activity, contributing to the overall prosperity of Toole County. Through these initiatives, the foundation actively works to enrich the community and build a brighter future for all its residents.




This information is meant to be a general summary of Toole County Community 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.

Revenue
$176,944 (2022)
Expenses
$116,329 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,333
  • Program Service Revenue: $38,877
  • Gross Receipts: $176,944

Assets and Liabilities:

  • Total Assets: $1,220,644
  • Total Liabilities: $0
  • Net Assets: $1,220,644

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CAPITAL CREDITS
PROJECT REVENUE

Revenue

$38,877

Organization Details

Principal Officer

Mac Mcdermott

Main Address

301 FIRST STREET S, SHELBY, MT, 59474

NTEE Category

Code: T31 - Philanthropy

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