Overview
What is Cold Creek Foundation?
The Cold Creek Foundation is a nonprofit organization, based in Castalia, Ohio, with a specific mission. They focus on the restoration of the banks of Cold Creek, aiming to reduce erosion and maintain the flow of the waterway. This endeavor is undertaken to improve water quality, ensuring a healthier ecosystem for wildlife and numerous fishermen. Additionally, the foundation is dedicated to environmental conservation and historic preservation, reflecting their commitment to the sustainable and responsible management of natural resources. Their work not only benefits the local environment but also contributes to the well-being of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Cold Creek Foundation has earned an 80% rating on Charity Navigator, which reflects its strong accountability and financial practices. The score is derived solely from its Accountability & Finance beacon, emphasizing the organization's commitment to transparency and responsible management of resources.
Strengths include a fully independent board of directors, with all five members free from conflicts of interest. The organization also demonstrates fiscal health with a low liabilities-to-assets ratio and a noteworthy program expense ratio of 100%, indicating that all funds are directed towards its charitable mission.
While the foundation shows strong adherence to accountability measures, the single focus on financial metrics may limit a broader evaluation of its overall impact and effectiveness in achieving its mission. However, the absence of material asset diversions and documented board meeting minutes reflect a well-governed organization.
This AI summary has been generated from information found on Charity Navigator.
Is Cold Creek Foundation legitimate?
Cold Creek Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cold Creek 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
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What is the mission statement of Cold Creek Foundation?
The Cold Creek Foundation is dedicated to restoring the banks of Cold Creek, reducing erosion, maintaining proper water flow, and improving water quality. This initiative is aimed at benefiting wildlife, fishermen, and the environment. Furthermore, the foundation is committed to conservation and historic preservation, with a focus on enhancing the overall health and beauty of Cold Creek.
Who is the CEO of Cold Creek Foundation?
Les Jacobs is the Principal Officer of Cold Creek Foundation.
What is the revenue of Cold Creek Foundation?
Cold Creek Foundation's revenue in 2022 was $420,720.
Who are the executives of Cold Creek Foundation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Cold Creek Foundation?
Cold Creek Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cold Creek Foundation
The Cold Creek Foundation, a dedicated nonprofit organization, is committed to the restoration of banks in Cold Creek, aiming to reduce erosion, maintain the flow of the waterway, and improve its water quality. This mission is undertaken with the intention of benefiting both wildlife and hundreds of fishermen, while also promoting environmental conservation and historic preservation. By taking on this task, the Cold Creek Foundation seeks to enhance the overall health and beauty of the creek, ensuring a sustainable ecosystem for all its inhabitants. Moreover, the organization's efforts extend beyond just the physical restoration, as it strives to conserve the natural heritage of the creek and preserve its historical significance.
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Impact
June, 2024
Cold Creek Foundation's impact can be seen in the restoration of banks and reduction of erosion, helping to maintain flow and improve water quality in Cold Creek. This work benefits wildlife, hundreds of fishermen, and contributes to environmental conservation and historic preservation in Castalia, Ohio. The foundation is dedicated to ensuring the health and vitality of Cold Creek through its restoration efforts.
This information is meant to be a general summary of Cold Creek 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5
- Gross Receipts: $420,720
Assets and Liabilities:
- Total Assets: $456,527
- Total Liabilities: $13,746
- Net Assets: $442,781
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Organization Details
Founding Year
2019
Phone
(419) 684-5303Principal Officer
Les Jacobs
Main Address
PO BOX 218, CASTALIA, OH, 44824
NTEE Category
Code: C50 - Environment
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