Overview
What is Karen M Cozad Memorial Charitable Fund?
The Karen M Cozad Memorial Charitable Fund is a nonprofit organization that focuses on making charitable donations to religious organizations, contributing to their programs. This religious organization is dedicated to offering financial assistance to various religious entities, thereby furthering their religious missions. The specific activities and objectives of the fund are centered around making charitable contributions within the religious sphere.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.
The Karen M Cozad Memorial Charitable Fund has received a low score of 33%, reflecting significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board with no material diversion of assets, it lacks essential policies and transparency measures, including a conflict of interest policy, whistleblower policy, and a document retention policy. These omissions have heavily impacted its accountability score, which is the sole contributor to its overall rating.
Strengths noted include a fully independent board and proper documentation of board meeting minutes, indicating some level of internal governance. However, these positives are overshadowed by critical gaps in transparency and financial management, such as the absence of its website and proper financial reporting tools, which are crucial for donor trust and accountability.
Overall, the Karen M Cozad Memorial Charitable Fund demonstrates serious deficiencies that potential donors should consider carefully. The lack of basic organizational policies and transparency could hinder its effectiveness and credibility in carrying out its charitable mission.
This AI summary has been generated from information found on Charity Navigator.
Is Karen M Cozad Memorial Charitable Fund legitimate?
Karen M Cozad Memorial Charitable Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Karen M Cozad Memorial Charitable Fund 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 Karen M Cozad Memorial Charitable Fund?
The Karen M Cozad Memorial Charitable Fund is a religious organization that dedicates its efforts to making charitable donations with a religious focus. Its mission involves offering financial assistance to various religious organizations as part of their programs. By doing so, this charitable fund contributes to religious causes, providing support to these organizations in their endeavors. The primary goal of the Karen M Cozad Memorial Charitable Fund is to contribute to religious causes through charitable donations.
Who is the CEO of Karen M Cozad Memorial Charitable Fund?
Daniel J Cozad is the President of Karen M Cozad Memorial Charitable Fund.
What is the revenue of Karen M Cozad Memorial Charitable Fund?
Karen M Cozad Memorial Charitable Fund's revenue in 2022 was $6,766.
Who are the executives of Karen M Cozad Memorial Charitable Fund and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Karen M Cozad Memorial Charitable Fund?
Karen M Cozad Memorial Charitable Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Karen M Cozad Memorial Charitable Fund
The Karen M Cozad Memorial Charitable Fund is a religious organization that is dedicated to making charitable donations. Its mission involves providing financial assistance to various religious organizations, supporting their programs with a religious focus. By doing so, the fund aims to contribute positively to religious communities and their causes. The organization's activities are centered around making religious charitable donations, ultimately helping to strengthen religious organizations and the communities they serve.
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Impact
August, 2024
The Karen M Cozad Memorial Charitable Fund's impact can be seen through its support and assistance to various religious organizations. By making religious charitable donations, this fund plays a significant role in helping these organizations carry out their programs and activities. Through their philanthropic efforts, the fund contributes to the overall well-being of the community, fostering a sense of unity and support within the religious community.
This information is meant to be a general summary of Karen M Cozad Memorial Charitable Fund. 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: $6,766
- Gross Receipts: $6,766
Assets and Liabilities:
- Total Assets: $587,570
- Total Liabilities: $0
- Net Assets: $587,570
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Organization Details
Founding Year
2016
Phone
(330) 376-4136Principal Officer
Daniel J Cozad
Main Address
376 W EXCHANGE ST, AKRON, OH, 443021703
NTEE Category
Code: T50 - Philanthropy
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