Overview
What is Codefi Foundation On Rural Innovation?
Codefi Foundation On Rural Innovation is a nonprofit organization situated in Cape Girardeau, Missouri. Its primary mission is to enhance the quality of life in rural areas by fostering economic development. This is achieved through various means, such as providing education, mentoring, and access to technology and capital. Moreover, the foundation strives to improve internet, network, and technology connectivity, making these resources more accessible to both citizens and businesses within these regions. With a smaller team of two employees, the Codefi Foundation is committed to bridging the digital divide and fostering growth in rural communities.
Official website here: www.codefiworks.com/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating) from Charity Navigator.
The Codefi Foundation On Rural Innovation has received a solid Three-Star rating based on its strong performance in accountability and finance, scoring 88%. This high score reflects the organization’s commitment to transparency and effective fiscal management, highlighting that it has a majority of independent board members and a strong financial oversight structure in place.
The foundation excels particularly in its program expense ratio, dedicating over 95% of its expenses to programs, which indicates a strong focus on its mission. Additionally, there are no significant financial red flags, such as material diversions of assets, suggesting prudent stewardship of funds. The organization also demonstrates adherence to several governance best practices, including having a conflict of interest policy.
However, the absence of a whistleblower policy and documentation retention policy may be areas for improvement. These elements can play a crucial role in fostering a culture of accountability and protection within an organization. Overall, the Codefi Foundation On Rural Innovation shows promise with its financial integrity but could enhance its governance practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Codefi Foundation On Rural Innovation?
84% of reviewers on Facebook recommend Codefi Foundation On Rural Innovation. Here is a summary of their reviews:
Many users highlight the organization's vibrant and innovative atmosphere, noting it as an energizing place to work and collaborate. The community is described as friendly and accommodating, fostering a positive experience for those involved. Overall, the sentiment reflects a strong appreciation for the nonprofit's engaging environment and the supportive nature of its team.
This AI summary has been generated from reviews found on Facebook.
Is Codefi Foundation On Rural Innovation legitimate?
Codefi Foundation On Rural Innovation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Codefi Foundation On Rural Innovation 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: $193,125
For more financial information, click here
Official website here: www.codefiworks.com/foundation/
What is the mission statement of Codefi Foundation On Rural Innovation?
The Codefi Foundation On Rural Innovation is committed to enhancing the quality of life by fostering economic growth. They achieve this by providing access to education, mentoring, technology, and capital. Furthermore, the foundation works towards improving internet connectivity and technology access for both citizens and businesses, aiming to increase efficiency and effectiveness in rural areas. In essence, the foundation's mission is to accelerate economic development in these regions, thereby improving overall living standards.
Official website here: www.codefiworks.com/foundation/
Who is the CEO of Codefi Foundation On Rural Innovation?
Dr James Stapleton is the Chairperson of Codefi Foundation On Rural Innovation.
Official website here: www.codefiworks.com/foundation/
What is the revenue of Codefi Foundation On Rural Innovation?
Codefi Foundation On Rural Innovation's revenue in 2022 was $1,927,331.
Official website here: www.codefiworks.com/foundation/
Who are the executives of Codefi Foundation On Rural Innovation and what are their salaries?
The average compensation at Codefi Foundation On Rural Innovation during 2022 was $96,562. There are 2 employees at Codefi Foundation On Rural Innovation.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $96,563
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $96,593
- Related: $0
- Other: $0
Official website here: www.codefiworks.com/foundation/
Where can I find the form 990 for Codefi Foundation On Rural Innovation?
Codefi Foundation On Rural Innovation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.codefiworks.com/foundation/
Learn more at the official website: www.codefiworks.com/foundation/
Mission Statement of Codefi Foundation On Rural Innovation
Codefi Foundation On Rural Innovation is committed to enhancing the quality of life by fostering economic development. The foundation achieves this objective by providing access to various resources, including education, mentoring, technology, and capital. Furthermore, Codefi Foundation On Rural Innovation strives to improve internet, network, and technology connectivity and access for both citizens and businesses, thereby promoting efficiency in these areas. The ultimate goal of the foundation is to accelerate economic development and improve the overall quality of life in the communities it serves.
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Impact
July, 2024
Codefi Foundation On Rural Innovation has made a significant impact on rural communities by accelerating economic development through various means. They have improved the quality of life for citizens and businesses by providing access to education, mentoring, technology, and capital. Additionally, the foundation has played a crucial role in enhancing internet, network, and technology connectivity in these areas, thereby increasing efficiency and accessibility. This concerted effort has undoubtedly contributed to the overall improvement of these rural communities and their residents.
This information is meant to be a general summary of Codefi Foundation On Rural Innovation. 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: $221
- Program Service Revenue: $197,617
- Gross Receipts: $1,927,331
Assets and Liabilities:
- Total Assets: $460,489
- Total Liabilities: $770
- Net Assets: $459,719
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
YOUTH CODE CAMP
Revenue
$197,617
Organization Details
Founding Year
2016
Phone
(573) 579-1901Principal Officer
Dr James Stapleton
Main Address
PO BOX 766, CAPE GIRARDEAU, MO, 63702
NTEE Category
Code: S30 - Community improvement
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