Overview
What is Yuma Community Foundation?
The Yuma Community Foundation is a nonprofit organization situated in Yuma, Colorado, with a postal address at PO Box 303. Their primary mission revolves around providing opportunities for youth, offering direct aid in medical and utility expenses for those in need, and granting college scholarships. They also extend their support to various local organizations through their community charitable scholarship program and general assistance. With numerous clients served, the Yuma Community Foundation plays a significant role in enhancing the lives of the community's residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Stars)
The Yuma Community Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of financial accountability and transparency. With an overall score of 60%, the foundation demonstrates strengths in material diversion of assets, maintaining a 100% program expense ratio, which reflects a commitment to utilizing funds for charitable purposes effectively.
However, the organization faces significant challenges in governance and transparency. Notably, there are no independent board members, which raises concerns about oversight and objectivity. Additionally, the foundation is missing several critical policies, including a whistleblower policy and document retention guidelines, which are essential for ensuring ethical practices and accountability.
The absence of a website listed on the tax form and the failure to post required documents on its website further detract from the foundation’s transparency efforts. While it has successfully maintained a healthy liabilities-to-assets ratio, the lack of independent oversight and incomplete compliance with best practices in governance may limit the trust of potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Yuma Community Foundation legitimate?
Yuma Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yuma Community 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 Yuma Community Foundation?
The Yuma Community Foundation's mission is centered around operating a community-based charitable program. This encompasses providing scholarships for youth to attend camps and offering direct assistance with medical and utility expenses for those in need. Furthermore, the foundation provides college scholarships to numerous individuals. In essence, the foundation aims to contribute to the betterment of the local community by offering various forms of aid and support.
Who is the CEO of Yuma Community Foundation?
Linda Frank is the Secretarytreasuer of Yuma Community Foundation.
What is the revenue of Yuma Community Foundation?
Yuma Community Foundation's revenue in 2022 was $38,908.
Who are the executives of Yuma Community Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Yuma Community Foundation?
Yuma Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yuma Community Foundation
The Yuma Community Foundation is an organization dedicated to operating a community-focused charitable scholarship program and providing aid to local organizations. In line with its mission, the foundation offers various services to the community. One of its key initiatives is providing opportunities for youth to participate in educational camps. Beyond this, the foundation extends its reach to directly assist individuals in need, offering medical and utility aid. Furthermore, it provides college scholarships to deserving students. The organization has served numerous clients through these initiatives, demonstrating its commitment to bettering the lives of its community members.
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Impact
August, 2024
The Yuma Community Foundation has a significant impact in Yuma, Colorado by providing opportunities for youth to attend camps, offering direct medical and utility assistance to those in need, and awarding college scholarships. Through their charitable scholarship program and support for local organizations, the foundation has positively affected numerous individuals in the community. Their work embodies the spirit of philanthropy and contributes to the well-being and advancement of Yuma and its residents.
This information is meant to be a general summary of Yuma Community 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: $36,408
- Gross Receipts: $38,908
Assets and Liabilities:
- Total Assets: $1,681,547
- Total Liabilities: $0
- Net Assets: $1,681,547
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Organization Details
Founding Year
2004
Principal Officer
Linda Frank
Main Address
PO BOX 303, YUMA, CO, 80759
NTEE Category
Code: T31 - Philanthropy
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