Overview
What is Community Growth Foundation?
The Community Growth Foundation, situated in Littleton, Colorado, focuses on fostering and promoting residential communities. They achieve this goal by providing community education services, social services, and social improvement programs. The foundation's mission is to establish, encourage, and facilitate these communities, aiming to contribute positively to society as a whole. This nonprofit organization is dedicated to enhancing the well-being of its residential areas and the individuals residing in them.
Official website here: www.continentalrealtygroup.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Community Growth Foundation has received a two-star rating from Charity Navigator, indicating its performance needs improvement. With an overall score of 70%, the organization has strengths in areas such as material diversion of assets, board meeting documentation, and maintaining a favorable liabilities to assets ratio. However, these positives are overshadowed by significant weaknesses in governance practices and financial accountability.
The organization scored zero points on several critical aspects, including the presence of independent board members, financial statements, conflict of interest policy, and whistleblower policy. These deficiencies suggest a need for enhanced transparency and better governance to ensure that the nonprofit operates effectively and ethically. Additionally, the low fundraising efficiency ratio raises concerns about the organization's ability to raise funds efficiently relative to its expenses.
Despite the apparent challenges in governance and financial practices, the Community Growth Foundation does have some sound financial management indicators, such as a strong program expense ratio. However, improvements in accountability and financial transparency are essential for building trust and ensuring the long-term sustainability of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Community Growth Foundation legitimate?
Community Growth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Growth 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
Official website here: www.continentalrealtygroup.com/
What is the mission statement of Community Growth Foundation?
The Community Growth Foundation is committed to promoting the establishment and enhancement of residential communities. They achieve this by offering community education services, social services, and social improvement programs. The organization's mission is to foster these communities, encouraging growth and development through its various initiatives. The Community Growth Foundation aims to improve the social fabric of these communities, providing essential services and programs that foster learning and community well-being.
Official website here: www.continentalrealtygroup.com/
Who is the CEO of Community Growth Foundation?
David W Snyder is the President of Community Growth Foundation.
Official website here: www.continentalrealtygroup.com/
What is the revenue of Community Growth Foundation?
Community Growth Foundation's revenue in 2022 was $6,225,993.
Official website here: www.continentalrealtygroup.com/
Who are the executives of Community Growth Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $235,932
- Other: $0
- Compensation: $0
- Related: $120,833
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.continentalrealtygroup.com/
Where can I find the form 990 for Community Growth Foundation?
Community Growth Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.continentalrealtygroup.com/
Learn more at the official website: www.continentalrealtygroup.com/
Mission Statement of Community Growth Foundation
The Community Growth Foundation is devoted to promoting the establishment and enhancement of residential communities. They achieve this through the provision of community education services, social services, and social improvement programs. The organization's primary objective is to encourage and facilitate the growth of these communities, aiming to improve the overall living conditions and well-being of its residents. By offering a variety of programs, the Community Growth Foundation seeks to foster a sense of community and address the social needs of its members.
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Impact
July, 2024
Community Growth Foundation's impact can be seen in its work to establish, encourage, and facilitate residential communities with community education services, social service, and social improvement programs. Through its efforts in Littleton, CO, the foundation is dedicated to fostering community growth and development, ultimately leading to positive changes and improvements in the lives of residents. Their commitment to community improvement is evident in the tangible benefits and positive outcomes seen within the neighborhoods they serve.
This information is meant to be a general summary of Community Growth 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: $7,229
- Gross Receipts: $6,261,531
Assets and Liabilities:
- Total Assets: $7,425,611
- Total Liabilities: $0
- Net Assets: $7,425,611
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Organization Details
Founding Year
2019
Phone
(303) 730-0549Principal Officer
David W Snyder
Main Address
2329 W MAIN ST 300, LITTLETON, CO, 80120
NTEE Category
Code: S20 - Community improvement
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