Overview
What is Whidbey Community Foundation?
The Whidbey Community Foundation is a nonprofit organization situated in Coupeville, Washington. Established with a mission to enhance the communities of Whidbey Island for both current and future generations, they have been actively providing grants to 54 service-oriented nonprofits on the island. As of December 31, 2022, they manage 13 donor-advised funds, demonstrating their commitment to community development. With a small team of just two dedicated individuals, they continue to play a vital role in supporting and strengthening the Whidbey Island community.
Official website here: www.whidbeyfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
Whidbey Community Foundation has achieved a perfect score of 100%, reflecting its strong commitment to accountability and financial integrity. The organization boasts an independent board comprised entirely of independent members, ensuring unbiased governance. Furthermore, it has been recognized for maintaining excellent financial oversight, with no material diversion of assets reported.
The foundation's efficiency in fundraising is noteworthy, with an impressive fundraising efficiency ratio of $0.02, indicating a minimal cost to raise funds. Additionally, the program expense ratio is high at 88.23%, demonstrating that a significant portion of its funding goes directly to its programs. The organization also enjoys a robust working capital ratio of 5.67 years, suggesting a solid financial foundation to sustain its operations.
Overall, Whidbey Community Foundation excels in transparency and fiscal responsibility, making it an exemplary nonprofit. There are no significant limitations noted in the data, further solidifying its reputation as a trusted organization in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Whidbey Community Foundation legitimate?
Whidbey Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whidbey 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: $76,300
Professional Fundraising Fees: $6,736
Other Salaries and Wages: $27,660
For more financial information, click here
Official website here: www.whidbeyfoundation.org/
What is the mission statement of Whidbey Community Foundation?
The Whidbey Community Foundation's mission is centered around enhancing the wellbeing of communities. Specifically, their objective is to fortify these communities for both the current and subsequent generations. To achieve this, they provide grants to various nonprofit service organizations, contributing to the betterment of these communities. As of December 31, 2022, the foundation manages 13 donor-advised funds, furthering their commitment to community development.
Official website here: www.whidbeyfoundation.org/
Who is the CEO of Whidbey Community Foundation?
Steve Shapiro is the Member of Whidbey Community Foundation.
Official website here: www.whidbeyfoundation.org/
What is the revenue of Whidbey Community Foundation?
Whidbey Community Foundation's revenue in 2022 was $3,047,195.
Official website here: www.whidbeyfoundation.org/
Who are the executives of Whidbey Community Foundation and what are their salaries?
The average compensation at Whidbey Community Foundation during 2022 was $51,980. There are 2 employees and 33 volunteers at Whidbey Community Foundation.
Here are 11 key members and their salaries:
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Official website here: www.whidbeyfoundation.org/
Where can I find the form 990 for Whidbey Community Foundation?
Whidbey Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whidbeyfoundation.org/
Learn more at the official website: www.whidbeyfoundation.org/
Mission Statement of Whidbey Community Foundation
The Whidbey Community Foundation is dedicated to enhancing the communities of Whidbey Island, ensuring a prosperous future for both current and upcoming generations. Established with this mission, the organization focuses on providing grants to a multitude of nonprofit service organizations operating on the island. By December 31, 2022, the foundation had supported 54 such organizations, demonstrating its commitment to fostering community growth and development. Furthermore, Whidbey Community Foundation manages 13 donor-advised funds, allowing individuals to contribute to charitable causes they care about, thereby reinforcing the foundation's role as a catalyst for community improvement.
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Impact
July, 2024
Whidbey Community Foundation has made a tangible impact on Whidbey Island by providing grants to 54 service organizations, thereby supporting the betterment of the community. Additionally, the foundation manages 13 donor-advised funds, which serve as a way for individuals or organizations to contribute to specific causes. This dedication to strengthening the communities of Whidbey Island demonstrates the organization's commitment to both present and future generations.
This information is meant to be a general summary of Whidbey 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,033
- Gross Receipts: $3,048,402
Assets and Liabilities:
- Total Assets: $3,222,468
- Total Liabilities: $0
- Net Assets: $3,222,468
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Organization Details
Founding Year
2016
Phone
(360) 660-5041Principal Officer
Steve Shapiro
Main Address
PO BOX 1135, COUPEVILLE, WA, 98239
Website
www.whidbeyfoundation.org/NTEE Category
Code: T31 - Philanthropy
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