Overview
What is Cobblestone Foundation Incorporated?
Cobblestone Foundation Incorporated is a nonprofit organization situated in Farmington, New York, specifically at 1622 State Route 332. Their primary mission is to foster positive change in various underserved populations, including individuals with disabilities, veterans, and at-risk teens. They achieve this goal by raising funds to support initiatives that significantly improve essential products and services. One of their initiatives is contributing to Cobblestone Arts Center's program, which focuses on adults with disabilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Cobblestone Foundation Incorporated has achieved an impressive 97% rating from Charity Navigator, reflecting strong accountability and financial health. This Four-Star rating is based entirely on the organization's performance in the Accountability & Finance beacon, where it scored full marks in multiple assessment areas. Such high scores indicate effective governance practices and transparency.
The organization boasts a fully independent board, with all ten members meeting the criteria, alongside a low ratio of liabilities to assets, which stands at 0.00%. Additionally, Cobblestone Foundation demonstrates a strong commitment to ethical practices by maintaining policies for conflict of interest, whistleblower protections, and document retention, all of which contribute to its solid operational foundation.
However, while the financial ratios suggest a healthy allocation of resources (with 80.98% dedicated to program expenses), it is crucial for potential donors and stakeholders to consider the broader impact of the organization's programs and initiatives. Overall, Cobblestone Foundation appears well-managed and accountable, making it a trustworthy choice for philanthropic contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Cobblestone Foundation Incorporated legitimate?
Cobblestone Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cobblestone Foundation Incorporated 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 Cobblestone Foundation Incorporated?
Cobblestone Foundation Incorporated's mission is centered around bringing about positive change for various underserved populations, including individuals with disabilities, veterans, and teens at risk. The organization achieves this mission by raising significant funds to provide much-needed resources and products. Their contributions, as seen in their Arts Center program for adults with disabilities, are aimed at making a substantial impact in these communities.
Who is the CEO of Cobblestone Foundation Incorporated?
Lorene Benson is the President of Cobblestone Foundation Incorporated.
What is the revenue of Cobblestone Foundation Incorporated?
Cobblestone Foundation Incorporated's revenue in 2022 was $150,519.
Who are the executives of Cobblestone Foundation Incorporated and what are their salaries?
There 3 volunteers at Cobblestone Foundation Incorporated.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cobblestone Foundation Incorporated?
Cobblestone Foundation Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cobblestone Foundation Incorporated
Cobblestone Foundation Incorporated is dedicated to initiating positive change in the lives of individuals who are disadvantaged, including people with disabilities, veterans, teens at risk, and other underserved populations. The organization's mission is to significantly impact the lives of these groups by raising funds to provide much-needed resources. Specifically, Cobblestone Foundation Incorporated supports the Cobblestone Arts Center's program for adults with disabilities, which is one of the ways they work towards achieving their mission. The organization's contributions to this program aim to enhance the lives of adults with disabilities by providing them with meaningful activities and opportunities for growth and development.
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Impact
October, 2024
Cobblestone Foundation Incorporated significantly impacts the lives of persons with disabilities, veterans, teens at risk, and other underserved populations. By contributing to initiatives like the Cobblestone Arts Center's programs for adults with disabilities, the foundation promotes inclusivity and empowerment through artistic expression. Their efforts focus on raising funds that provide essential products and services, fostering positive change in the lives of those they serve in Farmington, NY, and beyond. Through their commitment to human services, Cobblestone Foundation aims to create a nurturing environment that enhances the quality of life for vulnerable communities.
This information is meant to be a general summary of Cobblestone Foundation Incorporated. 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.
- Gross Receipts: $150,519
Assets and Liabilities:
- Total Assets: $292,131
- Total Liabilities: $0
- Net Assets: $292,131
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Organization Details
Founding Year
2020
Phone
(585) 398-0220Principal Officer
Lorene Benson
Main Address
1622 State Route 332, Farmington, NY, 14425
NTEE Category
Code: P20 - Human services
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