Overview
What is One Eleuthera Foundation?
One Eleuthera Foundation is a nonprofit organization, specifically named as One Eleuthera Foundation of the US, based in Clemson, South Carolina. Established with a mission to uplift individuals of all ages in Eleuthera and the Bahamas, it accomplishes this goal through various programs and projects in the sectors of health, education, and culture. With a dedicated team of two employees, the foundation supports local organizations to enhance the quality of life for the community in these areas.
Official website here: www.oefus.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The One Eleuthera Foundation has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 74%. This rating indicates that while the organization demonstrates strong accountability and financial oversight, improvements are necessary in certain financial metrics. Notably, the foundation has a fully independent board and excellent scores in compliance areas such as conflict of interest and whistleblower policies.
One of the organization's strengths is its high program expense ratio of 96.86%, which reflects a commitment to utilizing funds for programmatic purposes over administrative costs. Additionally, the foundation has displayed good governance practices, with all board meeting minutes documented and available. However, significant weaknesses are evident in the financial health indicators, particularly with a low working capital ratio and a less favorable liabilities to assets ratio.
The foundation's fundraising efficiency ratio also raises concerns, as it indicates high fundraising costs relative to the funds raised. These financial limitations suggest that while the organization is committed to its mission, it may need to reevaluate its financial strategies and fundraising effectiveness to enhance sustainability and impact in the future.
This AI summary has been generated from information found on Charity Navigator.
Is One Eleuthera Foundation legitimate?
One Eleuthera Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Eleuthera 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: $96,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.oefus.org
What is the mission statement of One Eleuthera Foundation?
The One Eleuthera Foundation supports organizations striving to enhance the lives of people of all ages in Eleuthera and the Bahamas. They accomplish this through various programs and projects in the domains of health, education, and culture. The mission of this organization is to back initiatives that aim to improve the overall well-being of the community by focusing on these vital sectors. By providing resources and assistance, they aim to foster a more prosperous and enriched society for all.
Official website here: www.oefus.org
Who is the CEO of One Eleuthera Foundation?
Lane Glaze is the Board Member of One Eleuthera Foundation.
Official website here: www.oefus.org
What is the revenue of One Eleuthera Foundation?
One Eleuthera Foundation's revenue in 2022 was $3,559,088.
Official website here: www.oefus.org
Who are the executives of One Eleuthera Foundation and what are their salaries?
The average compensation at One Eleuthera Foundation during 2022 was $48,000. There are 2 employees and 8 volunteers at One Eleuthera Foundation.
Here are 8 key members and their salaries:
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- Compensation: $96,000
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- Other: $0
Official website here: www.oefus.org
Where can I find the form 990 for One Eleuthera Foundation?
One Eleuthera Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oefus.org
Learn more at the official website: www.oefus.org
Mission Statement of One Eleuthera Foundation
One Eleuthera Foundation is an organization that dedicates its efforts to supporting various organizations aiming to enhance the lives of individuals of all ages in Eleuthera and the Bahamas. Its mission is centered around improving living conditions through initiatives in three key areas: health, education, and culture. The foundation acts as a catalyst, providing resources and backing to these organizations to help them achieve their goals and make a positive impact on their communities. By supporting these initiatives, One Eleuthera Foundation contributes to the overall betterment of the people living in these regions, ultimately aiming to create a more prosperous and well-rounded society.
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Impact
July, 2024
One Eleuthera Foundation supports organizations that aim to improve the lives of people of all ages in Eleuthera and the Bahamas through programs and projects in the areas of health, education, and culture. Their impact can be seen in the positive changes brought about in these communities, particularly in the development of the youth. Their initiatives have contributed to the welfare and progress of individuals and families in Eleuthera and the Bahamas, fostering a better quality of life and a sense of community empowerment.
This information is meant to be a general summary of One Eleuthera 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $13,975
- Gross Receipts: $3,559,088
Assets and Liabilities:
- Total Assets: $425,301
- Total Liabilities: $150,000
- Net Assets: $275,301
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEAM HOSTING
Revenue
$13,975
Organization Details
Founding Year
2016
Phone
(864) 207-9135Principal Officer
Lane Glaze
Main Address
513 VILLAGE WALK LANE, CLEMSON, SC, 29631
Website
www.oefus.orgNTEE Category
Code: O12 - Youth development
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