Overview
What is Cusp Foundation Inc?
Cusp Foundation Inc is a charitable organization based in Brentwood, Tennessee. They have a dedicated focus on supporting a primary school and community center in Howick, South Africa, which cater to children from extreme poverty. Both the school and the community center are non-profit entities, maintaining transparent finances through audits. The foundation's mission is to provide financial assistance, currently aiding in a school expansion and bridging operating funding gaps. Their work is instrumental in ensuring these institutions can continue to deliver essential services to underprivileged children in the area.
Official website here: www.cuspfoundation.blog/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
Cusp Foundation Inc has received a Three-Star rating from Charity Navigator, indicative of a solid performance in accountability and finance. The charity's overall score is notably high due to its outstanding accountability practices, achieving a perfect score in several areas, including board independence and material diversion of assets. The organization demonstrates a commitment to transparency by listing its website on its tax form and maintaining thorough documentation of board meeting minutes.
Despite these strengths, there are areas for improvement, particularly regarding governance policies. The foundation is noted to have missing whistleblower and document retention policies, which could impact overall organizational integrity if not addressed. However, the charity's impressive program expense ratio of 99.35% indicates that a significant portion of its funding is directed toward its mission, reflecting effective resource management.
Overall, Cusp Foundation Inc shows strong accountability and financial health, making it a reliable choice for potential donors. Addressing the governance gaps could further enhance its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Cusp Foundation Inc legitimate?
Cusp Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cusp Foundation Inc 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
Official website here: www.cuspfoundation.blog/
What is the mission statement of Cusp Foundation Inc?
The Cusp Foundation Inc partners with a primary school and a community center in South Africa, serving children from extreme poverty. Both organizations operate on a non-profit basis and have audited financials. The foundation's mission is to provide funding, currently assisting with a school addition and bridging operating funding gaps for these institutions. The Cusp Foundation's contributions also aid in the general operations of Angels Care Center. Overall, the foundation's goal is to support these organizations in their efforts to empower and educate children from impoverished backgrounds.
Official website here: www.cuspfoundation.blog/
Who is the CEO of Cusp Foundation Inc?
Hugh Queener is the Executive Director of Cusp Foundation Inc.
Official website here: www.cuspfoundation.blog/
What is the revenue of Cusp Foundation Inc?
Cusp Foundation Inc's revenue in 2022 was $575,024.
Official website here: www.cuspfoundation.blog/
Who are the executives of Cusp Foundation Inc and what are their salaries?
There 9 volunteers at Cusp Foundation Inc.
Here are 9 key members and their salaries:
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Official website here: www.cuspfoundation.blog/
Where can I find the form 990 for Cusp Foundation Inc?
Cusp Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cuspfoundation.blog/
Learn more at the official website: www.cuspfoundation.blog/
Mission Statement of Cusp Foundation Inc
The Cusp Foundation Inc, a non-profit organization, collaborates with a primary school and a community center situated in Howick, South Africa. These institutions cater to children living in extreme poverty. The Cusp Foundation plays a crucial role in providing financial assistance, contributing to both capital expansion and operational funding gaps. Currently, they are aiding in the construction of a school addition. The foundation's mission is to support these organizations financially, ensuring they can continue their mission of uplifting and educating children from impoverished backgrounds.
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Impact
July, 2024
Cusp Foundation Inc's impact can be seen in its partnership with a primary school and community center in Howick, South Africa, serving children from extreme poverty. The organization provides essential funding for capital projects and operational needs, currently supporting a school addition and assisting with funding gaps. Through its contributions to Angels Care Centre, Cusp Foundation Inc plays a crucial role in supporting the general operations of these not-for-profit organizations. This philanthropic effort reflects the foundation's commitment to making a tangible difference in the lives of disadvantaged children and communities in Howick, South Africa.
This information is meant to be a general summary of Cusp Foundation Inc. 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.
- Gross Receipts: $575,024
Assets and Liabilities:
- Total Assets: $511,179
- Total Liabilities: $0
- Net Assets: $511,179
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Organization Details
Founding Year
2016
Phone
(615) 430-4726Principal Officer
Hugh Queener
Main Address
5102 WILLIAMSBURG RD, BRENTWOOD, TN, 37027
Website
www.cuspfoundation.blog/NTEE Category
Code: T30 - Philanthropy
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