Overview
What is Canyon Ferry-Broadwater County Trust Endowment Fund?
The Canyon Ferry-Broadwater County Trust Endowment Fund is a nonprofit organization, situated in Sioux Falls, SD, with a mission to elevate recreational experiences. They achieve this by improving access to the reservoir within Broadwater County and enhancing, renovating, and developing existing and new recreational sites. Their primary goal is to boost the overall recreational opportunities for the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star Rating)
Canyon Ferry-Broadwater County Trust Endowment Fund received a 73% rating from Charity Navigator, indicating a moderate level of accountability and finance management. The score primarily reflects strong performance in accountability and finance, suggesting that the organization demonstrates a commitment to transparency and responsible financial practices.
The organization has a fully independent board with all ten members meeting the independence criteria, which is a significant strength. Additionally, it has shown no material diversion of assets and has effectively documented board meeting minutes, further enhancing its credibility. The low liabilities to assets ratio of 0.00% and a high program expense ratio of 89.66% indicate that the majority of its resources are directed towards its programs, which is a positive aspect for potential donors.
While the overall rating is solid, the two-star designation suggests areas for improvement. Organizations achieving higher ratings often exhibit a wider range of positive benchmarks; thus, Canyon Ferry-Broadwater County Trust Endowment Fund may want to focus on enhancing its financial and operational practices to elevate its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Canyon Ferry-Broadwater County Trust Endowment Fund legitimate?
Canyon Ferry-Broadwater County Trust Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canyon Ferry-Broadwater County Trust Endowment 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: $7,046
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Canyon Ferry-Broadwater County Trust Endowment Fund?
The Canyon Ferry-Broadwater County Trust Endowment Fund is committed to improving recreational opportunities. It aims to accomplish this by enhancing access to various areas of the reservoir within Broadwater County and by developing, upgrading, and creating new recreational sites. This endeavor strives to enhance the overall recreational experience for all, contributing to a more enjoyable and engaging outdoor lifestyle.
What is the revenue of Canyon Ferry-Broadwater County Trust Endowment Fund?
Canyon Ferry-Broadwater County Trust Endowment Fund's revenue in 2023 was $202,004.
Who are the executives of Canyon Ferry-Broadwater County Trust Endowment Fund and what are their salaries?
Here are 6 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Canyon Ferry-Broadwater County Trust Endowment Fund?
Canyon Ferry-Broadwater County Trust Endowment Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Canyon Ferry-Broadwater County Trust Endowment Fund
The Canyon Ferry-Broadwater County Trust Endowment Fund is committed to improving recreational opportunities. This nonprofit organization strives to enhance access to various areas of the reservoir within Broadwater County and develop, upgrade, and create new recreational locations. Their mission is to provide better facilities and experiences for individuals seeking outdoor activities, all while ensuring these enhancements originate from Sioux Falls, SD. By focusing on recreational opportunities, the Canyon Ferry-Broadwater County Trust Endowment Fund aims to contribute positively to the community, promoting leisure and enjoyment for all.
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Impact
October, 2024
The Canyon Ferry-Broadwater County Trust Endowment Fund significantly enhances recreational opportunities in Broadwater County by improving access to the reservoir areas. Its efforts focus on the development and upgrading of both existing and new recreational locations, facilitating a greater connection for the community to nature and outdoor activities. This transformation leads to increased engagement with the natural environment, fostering healthier lifestyles and promoting tourism in the region. The Fund's initiatives ultimately contribute to a vibrant community by ensuring that residents and visitors alike have access to quality recreational spaces and activities.
This information is meant to be a general summary of Canyon Ferry-Broadwater County Trust Endowment 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 2023.
- Investment Income: $85,068
- Gross Receipts: $1,147,465
Assets and Liabilities:
- Total Assets: $2,383,503
- Total Liabilities: $0
- Net Assets: $2,383,503
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Organization Details
Founding Year
2004
Principal Officer
Steven Mccullough
NTEE Category
Code: N32 - Recreation
If you are a representative of Canyon Ferry-Broadwater County Trust Endowment Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.