Stones Prairie Foundation

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

EIN: 832541066 ✦ Hannibal, MO ✦ Designated as a 501(c)(3)

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Overview

What is Stones Prairie Foundation?

Stones Prairie Foundation is a benevolent organization based in Hannibal, Missouri, operating as a public charity. Their primary mission involves providing grants to deserving charities within their local community. The foundation is dedicated to supporting these charities, aiming to make a tangible impact in their area of operation. The foundation's actions are in line with its purpose of assisting specific charities, ensuring that they can continue their noble work and contribute positively to the local community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Stones Prairie Foundation has received a Two-Star rating from Charity Navigator, indicating an overall score of 73%. This rating is primarily based on its accountability and finance metrics, which reflect the organization's transparency and governance. The foundation scored perfectly in several areas, such as having a fully independent board and no material diversion of assets, showcasing a strong commitment to ethical management.

In terms of financial health, the foundation demonstrates a robust program expense ratio of 92.79%, indicating that a significant portion of its expenditures is directed toward its mission-related activities. Additionally, the organization has a liabilities to assets ratio of 0.00%, suggesting a sound financial position and minimal financial risk. Meeting such high standards in critical areas contributes positively to its overall evaluation.

However, it is important to consider that the Two-Star rating reflects some limitations in overall performance as assessed by Charity Navigator. While the organization excels in accountability and financial health, potential donors may want to explore more about its effectiveness and impact metrics to gain a comprehensive understanding of its operational efficacy.


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

Is Stones Prairie Foundation legitimate?

Stones Prairie Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stones Prairie Foundation 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

What is the mission statement of Stones Prairie Foundation?

The Stones Prairie Foundation serves as a grant-awarding charity organization. Its mission is to provide support to selected charities within its local community by distributing grants. This foundation is committed to making a positive impact on the local community by aiding various charitable initiatives. Its primary focus lies in identifying and assisting deserving charities in need of financial aid. The foundation's activities are geared towards fostering community development and improvement through charitable grants.

Who is the CEO of Stones Prairie Foundation?

Paul Richards is the Trustee of Stones Prairie Foundation.

What is the revenue of Stones Prairie Foundation?

Stones Prairie Foundation's revenue in 2022 was $51,507.

Who are the executives of Stones Prairie Foundation and what are their salaries?


Here are 4 key members and their salaries:


Paul Richards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanna Speckhart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Briscoe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Speckhart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Stones Prairie Foundation?

Stones Prairie Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Stones Prairie Foundation

Stones Prairie Foundation, as a grantmaking public charity, is committed to supporting and providing financial assistance to various charities within its local community. Its mission is to identify and aid these organizations in their endeavors, thereby contributing to the betterment of the area at large. By offering grants, Stones Prairie Foundation plays a significant role in fostering the growth and success of these charities, ultimately benefiting the people they serve.

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Impact




August, 2024

Stones Prairie Foundation's impact is evident in the support and awarding of grants to specific charities in the local area of Hannibal, MO. Through its philanthropic endeavors, the foundation plays a crucial role in providing financial assistance to organizations dedicated to making a positive difference in the community. By channeling resources to these charities, Stones Prairie Foundation contributes to improving the lives of individuals and addressing various social issues in the region.




This information is meant to be a general summary of Stones Prairie Foundation. 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
$51,507 (2022)
Expenses
$73,356 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $51,489
  • Gross Receipts: $746,255

Assets and Liabilities:

  • Total Assets: $1,955,000
  • Total Liabilities: $0
  • Net Assets: $1,955,000

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Organization Details

Founding Year

2018

Principal Officer

Paul Richards

Main Address

PO BOX 796 100 NORTH 6TH STREET, HANNIBAL, MO, 63401

NTEE Category

Code: T50 - Philanthropy

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