Overview
What is Goldenrod Cemetery Perpetual Care Endowment Fund?
The Goldenrod Cemetery Perpetual Care Endowment Fund is a nonprofit organization based in Tekoa, Washington. Its primary purpose is to serve as a supplementary financial resource for the maintenance, enhancement, and upkeep of the Goldenrod Cemetery, which is owned by the City of Tekoa, a municipal entity under Washington state law. This fund aims to ensure the long-term preservation and upkeep of the cemetery, providing both financial support and ongoing care for this significant community space.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
Goldenrod Cemetery Perpetual Care Endowment Fund has received a low score of 53%, resulting in a One-Star rating. This rating reflects significant concerns regarding the organization's accountability and financial practices, highlighting a lack of independent board members and missing essential governance policies. The absence of a conflict of interest and whistleblower policy further contributes to concerns about transparency and oversight.
On a positive note, the organization scored well in areas such as material diversion of assets and program expense ratio, indicating that funds are being directed towards its intended purpose. The liabilities to assets ratio is also favorable, suggesting a relatively healthy financial standing in that regard. However, the absence of an accessible website for posting tax forms and other key documents raises questions about the organization’s commitment to transparency.
Overall, while Goldenrod Cemetery Perpetual Care Endowment Fund does demonstrate some strengths in financial management, the significant gaps in governance and accountability policies warrant caution for potential donors and stakeholders. Addressing these weaknesses would be essential for improving its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Goldenrod Cemetery Perpetual Care Endowment Fund legitimate?
Goldenrod Cemetery Perpetual Care Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goldenrod Cemetery Perpetual Care 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: $1,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Goldenrod Cemetery Perpetual Care Endowment Fund?
The Goldenrod Cemetery Perpetual Care Endowment Fund's primary mission is to serve as a supplemental funding source, providing support for the enhancement, management, operation, maintenance, and repair of a cemetery. This cemetery is owned by the municipality of Tekoa, Washington, operating under Washington State law. The fund's purpose is to ensure the cemetery remains well-maintained and functional, providing a dignified resting place for the deceased. The endowment aims to supplement the city's resources, ensuring the cemetery continues to serve its community effectively.
Who is the CEO of Goldenrod Cemetery Perpetual Care Endowment Fund?
Joyce Hansen is the Trustee of Goldenrod Cemetery Perpetual Care Endowment Fund.
What is the revenue of Goldenrod Cemetery Perpetual Care Endowment Fund?
Goldenrod Cemetery Perpetual Care Endowment Fund's revenue in 2022 was $55,983.
Who are the executives of Goldenrod Cemetery Perpetual Care Endowment Fund and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
Where can I find the form 990 for Goldenrod Cemetery Perpetual Care Endowment Fund?
Goldenrod Cemetery Perpetual Care Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Goldenrod Cemetery Perpetual Care Endowment Fund
The Goldenrod Cemetery Perpetual Care Endowment Fund, as its primary exempt purpose, serves as a supplemental source of funds for enhancing, managing, operating, maintaining, and repairing the Goldenrod Cemetery. This cemetery is owned by the City of Tekoa, Washington, which falls under the jurisdiction of Washington State law. The mission of this endowment fund is to ensure the continued enhancement and maintenance of the Goldenrod Cemetery, ensuring it remains a well-maintained and respectful space for those who have been laid to rest there. This mission aims to preserve the dignity and respect of the deceased and their loved ones, while also ensuring the cemetery remains a serene and well-kept place for future generations.
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Impact
October, 2024
The Goldenrod Cemetery Perpetual Care Endowment Fund significantly influences the preservation and upkeep of the Goldenrod Cemetery in Tekoa, Washington. By providing a supplemental source of funds, it ensures ongoing enhancements, management, operation, maintenance, and repairs of the cemetery, thereby safeguarding this important community resource.
This endowment helps maintain the cemetery’s natural beauty and dignity, supporting a space where families can honor their loved ones. The sustained financial support allows for regular upkeep, including landscaping, infrastructure repairs, and other necessary improvements, fostering a respectful environment for remembrance.
Ultimately, the impact of the Goldenrod Cemetery Perpetual Care Endowment Fund is evident in the cemetery's well-maintained condition, which contributes to community pride and ensures that future generations can continue to celebrate the memories of those interred there.
This information is meant to be a general summary of Goldenrod Cemetery Perpetual Care 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 2022.
- Investment Income: $55,716
- Gross Receipts: $209,948
Assets and Liabilities:
- Total Assets: $2,701,340
- Total Liabilities: $859,840
- Net Assets: $1,841,500
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Organization Details
Founding Year
2017
Phone
(208) 274-2738Principal Officer
Joyce Hansen
Main Address
PO BOX 651, TEKOA, WA, 99033
NTEE Category
Code: Y11 - Mutual benefit
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