Overview
What is Blue Mile Foundation Inc?
Blue Mile Foundation Inc, based in Statesboro, Georgia, is a nonprofit organization with a mission to revitalize its local community. They aim to achieve this goal by promoting neighborhood stabilization, attracting and retaining businesses, and developing green spaces. The foundation also aims to designate and brand a specific corridor as a destination, thereby fostering community advancement. Their activities are geared towards neighborhood improvement, business growth, and environmental conservation, contributing positively to the overall development of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Blue Mile Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score of 80% is derived entirely from its Accountability & Finance metrics, showcasing the organization's commitment to transparency and responsible financial management in its most recent fiscal year, FY2023.
Strengths highlighted include a fully independent board of directors, with 100% of board members being independent, which fosters objective governance. The organization also boasts a high program expense ratio of 95.27%, indicating that a significant majority of its expenses are directed towards its charitable programs. Additionally, it has shown no material diversion of assets, reflecting a strong adherence to ethical practices.
While the organization has impressive ratings in various aspects, the score does not encompass other potential areas such as fundraising efficiency or impact assessment, which could provide a more comprehensive view of its overall effectiveness. Nonetheless, the Blue Mile Foundation Inc appears to maintain a robust financial standing and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Blue Mile Foundation Inc legitimate?
Blue Mile Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Mile 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.
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What is the mission statement of Blue Mile Foundation Inc?
The Blue Mile Foundation Inc's mission is centered around promoting community advancement. They focus on stabilizing neighborhoods, attracting and retaining businesses, developing green spaces, and enhancing the corridor as a notable destination. By doing so, they aim to revitalize and improve their community, ultimately contributing to its overall development and growth.
Who is the CEO of Blue Mile Foundation Inc?
Keely Fennell is the Treasurer of Blue Mile Foundation Inc.
What is the revenue of Blue Mile Foundation Inc?
Blue Mile Foundation Inc's revenue in 2022 was $28,904.
Who are the executives of Blue Mile Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Blue Mile Foundation Inc?
Blue Mile Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blue Mile Foundation Inc
Blue Mile Foundation Inc is dedicated to fostering community advancement through various means. Central to its mission is the stabilization of neighborhoods, which it achieves by attracting and retaining businesses. Additionally, the foundation focuses on the development of green spaces, aiming to enhance the overall aesthetic and ecological health of the community. Furthermore, Blue Mile Foundation Inc seeks to establish and promote its designated corridor as a destination, drawing in visitors and residents alike. Through these initiatives, the organization strives to revitalize its community, ultimately improving the quality of life for its residents.
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Impact
August, 2024
Blue Mile Foundation Inc's impact can be seen in the revitalization of downtown Statesboro, Georgia. Through their efforts in promoting neighborhood stabilization, business recruitment and retention, and the development of greenspace, they have transformed the area into a vibrant and attractive destination. By focusing on community advancement, they have been able to create a positive environment for residents and businesses alike. Their work has not only improved the physical appearance of the corridor but has also contributed to the overall economic and social well-being of the community.
This information is meant to be a general summary of Blue Mile 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.
- Investment Income: $10,014
- Gross Receipts: $33,604
Assets and Liabilities:
- Total Assets: $1,691,674
- Total Liabilities: $675,207
- Net Assets: $1,016,467
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Organization Details
Founding Year
2017
Phone
(912) 531-8571Principal Officer
Keely Fennell
Main Address
731 FOUNDERS CIRCLE, STATESBORO, GA, 30458
NTEE Category
Code: S20 - Community improvement
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