Kansas Association Of Community Foundations

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

EIN: 850738639 ✦ Washington, KS ✦ Designated as a 501(c)(3)

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Overview

What is Kansas Association Of Community Foundations?

The Kansas Association of Community Foundations is a nonprofit organization situated in Washington, Kansas. With a modest workforce of two individuals, their mission is to amplify the impact of community foundations in Kansas. They achieve this by leveraging their resources to boost community philanthropy and inspire actions that ultimately enhance the overall quality of life in Kansas communities. To fulfill this purpose, they recently organized a national conference, attracting over 500 attendees from 39 states. Representing 226 community foundations, the participants gained insights from over 70 speakers on various topics such as growing community foundations, leadership, finance, administration, technology, public policy, and advocacy. The conference's sessions were recorded and made accessible in an online resource library for future reference.


Official website here: www.kansascfs.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64%, Two-Star out of Four Star rating.

The Kansas Association Of Community Foundations has received a Two-Star rating, indicating some areas for improvement in its operations and financial practices. While the organization has a high percentage of independent board members and has implemented key policies such as conflict of interest and whistleblower protections, it faces challenges in its financial transparency, particularly in the absence of financial statements.

The organization's accountability and finance score reflects a mix of strengths and weaknesses. The program expense ratio is relatively strong at 68.56%, suggesting a good portion of resources is allocated toward its programs. However, the liabilities to assets ratio of 74.91% raises concerns about its financial health, potentially affecting its sustainability in the long term.

While the Kansas Association Of Community Foundations demonstrates commitment through policies and board independence, the lack of comprehensive financial reporting limits stakeholders' ability to fully assess its fiscal responsibility. Continued focus on improving transparency and financial reporting could enhance the organization’s credibility and effectiveness in serving the community.


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

Is Kansas Association Of Community Foundations legitimate?

Kansas Association Of Community Foundations is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kansas Association Of Community Foundations 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: $157,191
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,259

For more financial information, click here


Official website here: www.kansascfs.org

What is the mission statement of Kansas Association Of Community Foundations?

The Kansas Association of Community Foundations' mission is centered around utilizing the resources of community foundations within Kansas. Their primary objective is to boost community philanthropy and motivate actions that ultimately enhance the overall quality of life in Kansas communities. By leveraging these resources, they strive to promote stronger communities and inspire positive change. They accomplish this by hosting events, such as a national conference, where they share knowledge and best practices with various community foundations, covering topics like leadership, finance, technology, and public policy. Their sessions are recorded and made available in an online resource library for further reference.


Official website here: www.kansascfs.org

What is the revenue of Kansas Association Of Community Foundations?

Kansas Association Of Community Foundations's revenue in 2023 was $1,280,535.


Official website here: www.kansascfs.org

Who are the executives of Kansas Association Of Community Foundations and what are their salaries?

The average compensation at Kansas Association Of Community Foundations during 2023 was $40,112. There are 4 employees and 42 volunteers at Kansas Association Of Community Foundations.

Here are 15 key members and their salaries:


Eric Hozempa (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Launchbaugh (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marci Penner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marla Brandon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Goss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devin Gorman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernestor De La Rosa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Hoy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Pratt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Bloom (Board Member (Dec 2023 Only))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Schalla (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Roberts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teryn Carmichael (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Huber (Interim Executive Director (Jan 1 To Sep 25))
  • Compensation: $75,410
  • Related: $0
  • Other: $14,466
Christy Tustin (Executive Director (Sep 25 To Dec 31))
  • Compensation: $29,615
  • Related: $0
  • Other: $1,160


Official website here: www.kansascfs.org

Where can I find the form 990 for Kansas Association Of Community Foundations?

Kansas Association Of Community Foundations's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kansascfs.org

Learn more at the official website: www.kansascfs.org

Mission Statement of Kansas Association Of Community Foundations

The Kansas Association of Community Foundations, as an organization, is dedicated to utilizing the assets of community foundations within Kansas to bolster community philanthropy and stimulate actions that enhance the overall well-being of Kansas communities. Their mission is centered around leveraging the resources at their disposal to promote and strengthen community philanthropy, thereby inspiring initiatives that significantly improve the living standards across various Kansas communities. To achieve this, they host national conferences, attracting over 500 attendees from 39 states and representing 226 community foundations. These events serve as platforms for the exchange of knowledge and best practices in areas such as leadership, finance, administration, technology, public policy, and advocacy. The sessions are meticulously recorded and made accessible in an online resource library, ensuring that valuable insights remain accessible to a wider audience. The Kansas Association of Community Foundations' mission is geared towards harnessing the collective power of community foundations to stimulate sustainable growth and development in Kansas communities.

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Impact




July, 2024

The impact of the Kansas Association of Community Foundations is to leverage the resources of community foundations in the State of Kansas to strengthen and promote community philanthropy and to inspire action that will improve the quality of life in Kansas communities. Notably, the Association hosted a national conference for growing community foundations, attracting over 500 participants from 39 states. This event provided valuable learning opportunities from over 70 speakers on various topics such as growing community foundations, leadership, finance, administration, technology, public policy, and advocacy. The sessions were recorded and made available in an online resource library, extending the knowledge-sharing impact beyond the conference itself.




This information is meant to be a general summary of Kansas Association Of Community Foundations. 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
$1,280,535 (2023)
Expenses
$438,621 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $411,589
  • Program Service Revenue: $183,218
  • Gross Receipts: $1,280,535

Assets and Liabilities:

  • Total Assets: $9,529,087
  • Total Liabilities: $7,308,535
  • Net Assets: $2,220,552

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

National conference

Revenue

$151,368

Express training

Revenue

$31,850

Organization Details

Founding Year

2009

Principal Officer

Lori Huber

NTEE Category

Code: T03 - Philanthropy

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