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Imagine And Believe Foundation

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

EIN: 811126903 ✦ Searcy, AR ✦ Designated as a 501(c)(3)

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Overview

What is Imagine And Believe Foundation?

Imagine and Believe Foundation, situated in Searcy, Arkansas, is a dedicated nonprofit organization. Their primary mission is to extend vital support services to families who are fostering children. By offering this assistance, they aim to make the challenging journey of foster care more manageable and enriching for both the foster families and the children they care for. This commitment to fostering families' well-being is at the heart of the Imagine and Believe Foundation's mission.


Official website here: www.imaginebelieve123.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

The Imagine And Believe Foundation has received a Three-Star rating from Charity Navigator, indicating a fair level of financial health and accountability. The organization’s overall score is derived entirely from its accountability and finance metrics, which are crucial for potential donors assessing its reliability and transparency.

Strengths of the foundation include a fully independent board with all members meeting the independence criteria and a strong ratio of program expenses, with 92.35% of its budget dedicated to its programs. Additionally, the organization has shown no material diversion of assets, which highlights solid financial stewardship.

However, there are notable areas for improvement. The foundation lacks essential policies such as a conflict of interest policy, a whistleblower policy, and documentation retention policy, which could be critical for enhancing governance practices and ensuring accountability. Addressing these gaps would likely strengthen the organization's overall rating and public confidence.


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

Is Imagine And Believe Foundation legitimate?

Imagine And Believe Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Imagine And Believe 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: $1,930

For more financial information, click here


Official website here: www.imaginebelieve123.com

What is the mission statement of Imagine And Believe Foundation?

The Imagine and Believe Foundation is dedicated to serving foster families by offering support services. Their mission is to enhance the well-being and resources of these families, providing them with the necessary assistance to navigate the challenges associated with fostering. The organization aims to create a supportive environment for both the foster children and their caregivers, ensuring a smoother transition and overall improved quality of life. By providing essential resources and services, the Imagine and Believe Foundation seeks to strengthen the foster family unit and promote overall positive outcomes for all involved.


Official website here: www.imaginebelieve123.com

Who is the CEO of Imagine And Believe Foundation?

Christine Walker is the President of Imagine And Believe Foundation.


Official website here: www.imaginebelieve123.com

What is the revenue of Imagine And Believe Foundation?

Imagine And Believe Foundation's revenue in 2022 was $66,923.


Official website here: www.imaginebelieve123.com

Who are the executives of Imagine And Believe Foundation and what are their salaries?

The average compensation at Imagine And Believe Foundation during 2022 was $1,930. There is 1 employee at Imagine And Believe Foundation.


Here are 6 key members and their salaries:


Christine Walker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Marc Burkett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Hart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trina Hoofman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Cifreo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ridge Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.imaginebelieve123.com

Where can I find the form 990 for Imagine And Believe Foundation?

Imagine And Believe Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.imaginebelieve123.com

Learn more at the official website: www.imaginebelieve123.com

Mission Statement of Imagine And Believe Foundation

Imagine and Believe Foundation, as a foster care organization, is committed to providing essential support services to families who are fostering children. Their mission is centered around enhancing the well-being and care of these foster families, ensuring they have the necessary resources to nurture and raise the children in their care effectively. By offering these vital services, Imagine and Believe Foundation aims to create a supportive environment that fosters the growth and development of both the foster families and the children under their care.

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Impact




August, 2024

Imagine And Believe Foundation has had a significant impact on foster families in Searcy, AR by providing essential support services. Their work directly benefits youth in foster care, helping to create a more stable and nurturing environment for these children. Through their mission of supporting foster families, Imagine And Believe Foundation plays a crucial role in improving the well-being and development of vulnerable children in the community.




This information is meant to be a general summary of Imagine And Believe 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
$66,923 (2022)
Expenses
$55,858 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $66,923

Assets and Liabilities:

  • Total Assets: $25,171
  • Total Liabilities: $2,000
  • Net Assets: $23,171

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Organization Details

Founding Year

2016

Principal Officer

Christine Walker

Main Address

PO BOX 2042, SEARCY, AR, 72145

NTEE Category

Code: O30 - Youth development

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