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Yerkes Future 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: 830802129 ✦ Williams bay, WI ✦ Designated as a 501(c)(3)

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Overview

What is Yerkes Future Foundation Inc?

Yerkes Future Foundation Inc is a nonprofit organization located in Williams Bay, Wisconsin. Its primary mission is to safeguard and promote Yerkes Observatory, a renowned architectural landmark recognized for its scientific excellence. The foundation aims to maintain public access to this historical site and fosters education in the fields of science and astronomy, with a strong focus on engaging youth. Through various outreach programs, they continue to uphold the observatory's reputation and contribute to the broader community with educational initiatives. The organization is led by a team of 20 dedicated individuals.


Official website here: www.yerkesobservatory.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 97%, Four-Star out of Four Star rating.

Yerkes Future Foundation Inc has received an excellent rating due to its strong commitment to accountability and finance, reflected in its perfect score of 100% in these areas. The organization boasts a fully independent board and demonstrates robust financial oversight, which are crucial indicators of effective governance. With no reported material diversions of assets and a high program expense ratio, it shows a dedication to utilizing funds directly for its programs.

The foundation also excels in operational transparency, maintaining comprehensive policies such as conflict of interest and whistleblower protections. Its financial health is evident through impressive metrics, including a low liabilities to assets ratio and significant working capital. However, while the foundation's leadership includes a well-compensated Executive Director, other board members do not receive salaries, which may reflect their commitment to the foundation's mission over personal financial gain.

Overall, the Yerkes Future Foundation Inc stands out as a financially sound organization dedicated to its programs, with established policies and practices that enhance its accountability and transparency.


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

Is Yerkes Future Foundation Inc legitimate?

Yerkes Future Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yerkes Future 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: $232,505
Professional Fundraising Fees: $41,882
Other Salaries and Wages: $475,704

For more financial information, click here


Official website here: www.yerkesobservatory.org

What is the mission statement of Yerkes Future Foundation Inc?

The Yerkes Future Foundation Inc's mission is focused on preserving and protecting the renowned Yerkes Observatory, maintaining its status as a symbol of scientific excellence. They aim to keep the observatory accessible to the public, fostering educational programs in the fields of science and astronomy, with a significant emphasis on engaging youth. The foundation continues its efforts in outreach and education, promoting these subjects to a wider audience. By doing so, they strive to inspire future generations in the realm of scientific discovery.


Official website here: www.yerkesobservatory.org

Who is the CEO of Yerkes Future Foundation Inc?

Dianna Colman is the Chairman of Yerkes Future Foundation Inc.


Official website here: www.yerkesobservatory.org

What is the revenue of Yerkes Future Foundation Inc?

Yerkes Future Foundation Inc's revenue in 2022 was $4,793,634.


Official website here: www.yerkesobservatory.org

Who are the executives of Yerkes Future Foundation Inc and what are their salaries?

The average compensation at Yerkes Future Foundation Inc during 2022 was $35,410. There are 20 employees and 125 volunteers at Yerkes Future Foundation Inc.


Here are 12 key members and their salaries:


Dianna Colman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Nickols (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Bonifacic (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Brownell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Madonia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Hagenah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Strothman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Germanotta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Culbertson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Ebeling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Kois (Executive Director)
  • Compensation: $211,719
  • Related: $0
  • Other: $17,983


Official website here: www.yerkesobservatory.org

Where can I find the form 990 for Yerkes Future Foundation Inc?

Yerkes Future Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yerkesobservatory.org

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

Mission Statement of Yerkes Future Foundation Inc

Yerkes Future Foundation Inc is dedicated to safeguarding and promoting the historical landmark known as Yerkes Observatory. Their primary objective is to preserve this architectural treasure and maintain its reputation as a symbol of scientific excellence. Beyond preservation, the foundation focuses on continuing educational programs in the fields of science and astronomy, with a special emphasis on engaging and inspiring youth. By keeping Yerkes Observatory open to the public, Yerkes Future Foundation Inc aims to foster a sense of curiosity and passion for scientific exploration among young minds.

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Impact




July, 2024

Yerkes Future Foundation Inc's impact lies in its commitment to acquiring, preserving, and protecting the architectural treasure of Yerkes Observatory. This organization plays a crucial role in ensuring that the observatory remains open to the public, fostering its reputation as a symbol of scientific excellence. Additionally, their dedication to continuing programs of outreach and education in the areas of science and astronomy, with a particular emphasis on youth, demonstrates their significant contribution to engaging and inspiring future generations in these fields.




This information is meant to be a general summary of Yerkes Future 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
$4,793,634 (2022)
Expenses
$1,523,527 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15
  • Program Service Revenue: $195,356
  • Gross Receipts: $4,801,469

Assets and Liabilities:

  • Total Assets: $15,322,392
  • Total Liabilities: $114,772
  • Net Assets: $15,207,620

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TOUR REVENUE

Revenue

$195,356

Organization Details

Founding Year

2019

Principal Officer

Dianna Colman

Main Address

PO BOX 346, WILLIAMS BAY, WI, 53191

NTEE Category

Code: B43 - Education

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