Overview
What is It's All For The Kids?
It's All For The Kids is a nonprofit organization situated in Des Moines, Iowa, specifically at 1421 Walker St. Their primary objective is to support the programs and facilities of Boys & Girls Clubs of Central Iowa. They accomplish this by making qualified equity investments to a Community Development Entity (CDE). The CDE, in turn, offers tax credits in exchange for equity and uses the capital to fund loans and investments to businesses operating in low-income communities. In FY2020, they provided a Qualified Low-Income Community Investment Loan to Boys & Girls Clubs of Central Iowa through the CDE, thereby contributing to the organization's charitable purposes.
Official website here: www.bgcci.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
It's All For The Kids has received a One-Star rating from Charity Navigator, which suggests significant concerns regarding the charity's financial accountability and transparency. The overall score is based on a single beacon score focused on Accountability & Finance, indicating that areas beyond this aspect may not have been evaluated robustly. The rating reflects a lack of program expenses, which raises questions about the charity's operational effectiveness in achieving its mission.
Despite these financial concerns, the organization demonstrates strong governance practices. It has a fully independent board, which is a positive aspect that typically contributes to better oversight and accountability. Additionally, the charity has all necessary policies in place, such as conflict of interest and whistleblower policies, which are essential for ethical governance.
However, the charity's failure to allocate any funds towards program expenses is a notable limitation. This lack of spending on its core mission could detract from its ability to make a meaningful impact in the community it serves. Overall, while there are strengths in governance, the financial metrics raise serious concerns that potential donors should consider.
This AI summary has been generated from information found on Charity Navigator.
Is It's All For The Kids legitimate?
It's All For The Kids is a legitimate nonprofit organization registered as a 501(c)(3) entity. It's All For The Kids 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
Official website here: www.bgcci.org
What is the mission statement of It's All For The Kids?
It's All For The Kids is an organization with a mission to aid the programs and facilities of Boys & Girls Clubs of Central Iowa. Their primary purpose is to assist this charity in carrying out its objectives by making qualified low-income community investments through the New Market Tax Credit Program. In the fiscal year 2020, they supported Boys & Girls Clubs of Central Iowa by making a qualified equity investment to a Community Development Entity (CDE). The CDE provides tax credits in exchange for equity, which is then used to make loans and investments to businesses operating in low-income communities. As a result, Boys & Girls Clubs of Central Iowa received a qualified low-income community investment loan from the CDE, thereby contributing to its operations and services.
Official website here: www.bgcci.org
Who is the CEO of It's All For The Kids?
Tony Timm is the President of It's All For The Kids. The CEO's salary of It's All For The Kids is $0 and their total compensation is $149,164.
Official website here: www.bgcci.org
What is the revenue of It's All For The Kids?
It's All For The Kids's revenue in 2023 was $14,249.
Official website here: www.bgcci.org
Who are the executives of It's All For The Kids and what are their salaries?
Here are 4 key members and their salaries (It's All For The Kids's CEO's salary is $0 and their total compensation is $149,164):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $149,164
- Other: $0
Official website here: www.bgcci.org
Where can I find the form 990 for It's All For The Kids?
It's All For The Kids's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bgcci.org
Learn more at the official website: www.bgcci.org
Mission Statement of It's All For The Kids
It's All For The Kids is an organization with a mission to aid and contribute positively to the charitable purposes of Boys & Girls Clubs of Central Iowa. They achieve this by making qualified low-income community investments, primarily through equity investments. These investments are exchanged for tax credits, which are then used by a Community Development Entity (CDE) to provide loans and investments to businesses operating in low-income communities. In this way, It's All For The Kids indirectly supports the Boys & Girls Clubs of Central Iowa, enabling them to carry out their charitable objectives more effectively.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
It's All For The Kids has made a significant impact on youth development in Central Iowa by providing essential financial support to the Boys & Girls Clubs of Central Iowa. By facilitating qualified equity investments through a community development entity, the initiative fosters economic growth in low-income areas.
The funds generated through tax credits allow the community development entity to make critical loans and investments into local businesses, ultimately enhancing the resources available to the Boys & Girls Clubs. This support helps ensure that these clubs can continue offering vital programs and facilities that benefit children and adolescents in the community.
Through these investments, It's All For The Kids not only contributes to the immediate needs of youth programs but also promotes long-term economic stability in the community, ensuring that young people in Des Moines have access to necessary support, mentorship, and opportunities for personal growth and development.
This information is meant to be a general summary of It's All For The Kids. 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 2023.
- Investment Income: $14,249
- Gross Receipts: $14,249
Assets and Liabilities:
- Total Assets: $1,473,107
- Total Liabilities: $0
- Net Assets: $1,473,107
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2019
Phone
(515) 242-7925Principal Officer
Tony Timm
Main Address
1421 WALKER ST, DES MOINES, IA, 50316
Website
www.bgcci.orgNTEE Category
Code: O11 - Youth development
If you are a representative of It's All For The Kids and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.