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Ed Nebbins Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 815249157 ✦ Verona, WI ✦ Designated as a 501(c)(3)

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Overview

What is Ed Nebbins Foundation Inc?

The Ed Nebbins Foundation Inc, based in Verona, Wisconsin, is a nonprofit organization dedicated to strengthening families and communities on Madison's southwest side. They accomplish this by partnering with Ridgewood Pool, a cherished community asset, to provide life-saving swimming lessons for children. The primary mission of the foundation is to support programs that have the potential to save lives by teaching children vital swimming skills. By doing so, they contribute to the well-being of their local community.


Official website here: www.ednebbinsfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

The Ed Nebbins Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With a total score of 90%, the organization demonstrates robust financial management, highlighted by an impressive program expense ratio of 96.60% and a low fundraising efficiency ratio of only $0.02. These metrics suggest that the majority of its resources are effectively directed towards its programs rather than administrative costs.

The foundation's governance is bolstered by a fully independent board, comprising five members, which is crucial for maintaining transparency and accountability. The organization has also implemented an audit and oversight committee, ensuring that financial statements are thoroughly reviewed. However, it was noted that some important policies, specifically regarding conflicts of interest and whistleblower protections, are absent, indicating areas for potential improvement in governance practices.

While the foundation excels in financial accountability and transparency, the lack of certain governance policies may warrant attention to further enhance its operational integrity. Nevertheless, the overall strength of the foundation's financial health and programmatic focus reflects a solid foundation for the organization's mission.


This AI summary has been generated from information found on Charity Navigator.

Is Ed Nebbins Foundation Inc legitimate?

Ed Nebbins Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ed Nebbins 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.ednebbinsfoundation.org

What is the mission statement of Ed Nebbins Foundation Inc?

The Ed Nebbins Foundation Inc's mission is centered around providing support for programs that have a life-saving impact. Specifically, they focus on teaching children how to swim. By doing so, they aim to enhance the well-being of various communities, thereby strengthening families and neighborly bonds. The foundation achieves this by partnering with facilities like Ridgewood Pool, which serves as a valuable community asset. Their mission is to make swimming a life-saving skill accessible to as many children as possible.


Official website here: www.ednebbinsfoundation.org

What is the revenue of Ed Nebbins Foundation Inc?

Ed Nebbins Foundation Inc's revenue in 2024 was $41,324.


Official website here: www.ednebbinsfoundation.org

Who are the executives of Ed Nebbins Foundation Inc and what are their salaries?

There 5 volunteers at Ed Nebbins Foundation Inc.

Here are 5 key members and their salaries:


Rebecca Jordan Haushalter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Martinelli (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Bissen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Curran (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wickstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ednebbinsfoundation.org

Where can I find the form 990EZ for Ed Nebbins Foundation Inc?

Ed Nebbins Foundation Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.ednebbinsfoundation.org

Learn more at the official website: www.ednebbinsfoundation.org

Mission Statement of Ed Nebbins Foundation Inc

The Ed Nebbins Foundation Inc is dedicated to providing support for programs that have a life-saving impact. Specifically, this nonprofit organization focuses on teaching children how to swim. By doing so, it aims to enhance the well-being of families and communities, contributing to a safer environment for everyone involved. The foundation achieves this goal in partnership with Ridgewood Pool, a valuable community asset. This collaboration allows the Ed Nebbins Foundation Inc to extend its reach and make a tangible difference in people's lives.

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Impact




July, 2024

The Ed Nebbins Foundation Inc's impact is focused on providing crucial support for programs that save lives by teaching children how to swim. By partnering with Ridgewood Pool in Verona, Wisconsin, this foundation strengthens families and neighbors in Madison's southwest side and neighboring communities. Through its philanthropic efforts, the foundation emphasizes the life-saving benefits of swimming and works towards promoting water safety among children.




This information is meant to be a general summary of Ed Nebbins 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.

Revenue
$41,324 (2024)
Expenses
$118,083 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $475
  • Gross Receipts: $41,575

Assets and Liabilities:

  • Total Assets: $1,359,970
  • Total Liabilities: $7,200
  • Net Assets: $1,352,770

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Organization Details

Founding Year

2017

Principal Officer

Rebecca Jordan Haushalter

NTEE Category

Code: T31 - Philanthropy

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