Overview
What is Itoo Society Charitable Support Tr 1045000790?
Itoo Society Charitable Support TR 1045000790 is a nonprofit organization, specifically a charitable trust, that aids the Itoo Society Inc. by covering its operational expenses. The Itoo Society focuses on human services, providing support to a single organization. This charitable trust's primary mission is to financially assist the Itoo Society Inc., ensuring they can continue their human services work effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Stars
Itoo Society Charitable Support has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance based primarily on its Accountability & Finance score. The rating reflects a reliance on a single beacon score, and the lack of independent board members has significantly impacted its overall rating.
Strengths of the organization include a strong commitment to financial responsibility, evidenced by a 79.63% program expense ratio and a 0.00% liabilities to assets ratio. Additionally, the organization has implemented several good governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy.
However, notable limitations include the absence of any independent board members, which raises concerns about governance and oversight. Moreover, the charity's website is not listed on its tax form, and it has not posted its tax forms on its website, contributing to a lower score in terms of transparency and accountability. Overall, while the organization shows strengths in financial management, there are significant areas that require improvement in governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Itoo Society Charitable Support Tr 1045000790 legitimate?
Itoo Society Charitable Support Tr 1045000790 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Itoo Society Charitable Support Tr 1045000790 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: $13,234
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Itoo Society Charitable Support Tr 1045000790?
The Itoo Society Charitable Support, represented by TR 1045000790, is dedicated to aiding the financial expenses of the Itoo Society, Inc. In pursuit of this objective, they execute programs primarily focused on human services and single organization support. The primary mission of Itoo Society Charitable Support is to provide necessary financial assistance to the Itoo Society, Inc., thereby contributing to its operations and activities. The organization's efforts are geared towards supporting the Itoo Society's mission and objectives, ensuring its continuity and effectiveness in the human services sector.
Who is the CEO of Itoo Society Charitable Support Tr 1045000790?
Busey Bank is the Trustee of Itoo Society Charitable Support Tr 1045000790.
What is the revenue of Itoo Society Charitable Support Tr 1045000790?
Itoo Society Charitable Support Tr 1045000790's revenue in 2022 was $101,693.
Who are the executives of Itoo Society Charitable Support Tr 1045000790 and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Itoo Society Charitable Support Tr 1045000790?
Itoo Society Charitable Support Tr 1045000790's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Itoo Society Charitable Support Tr 1045000790
Itoo Society Charitable Support TR 1045000790 is a nonprofit organization committed to aiding the Itoo Society, Inc. In fulfilling its mission, this charitable support group focuses on providing financial assistance for the operations of the Itoo Society. By offering single organization support, Itoo Society Charitable Support TR 1045000790 contributes to the overall well-being of the Itoo Society, ensuring its continued ability to deliver human services. The main objective of this charitable support is to alleviate financial burdens and enable the Itoo Society to carry out its primary goals effectively and efficiently.
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Impact
October, 2024
Itoo Society Charitable Support Tr 1045000790 plays a crucial role in enabling the Itoo Society, Inc. to operate effectively by providing financial assistance for its activities. This support primarily focuses on human services, which address essential needs within the community, including outreach programs, food services, and social support networks. By alleviating the financial burdens on the Itoo Society, this initiative ensures that vital services continue to be available to those in need, fostering a sense of community and enhancing the quality of life for individuals in Champaign, IL. The contributions significantly amplify the impact of the Itoo Society’s efforts, promoting well-being and support for diverse populations within the area.
This information is meant to be a general summary of Itoo Society Charitable Support Tr 1045000790. 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: $18,355
- Gross Receipts: $1,298,706
Assets and Liabilities:
- Total Assets: $2,421,178
- Total Liabilities: $0
- Net Assets: $2,421,178
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Organization Details
Founding Year
2020
Phone
(217) 365-4800Principal Officer
Busey Bank
Main Address
PO BOX 260, CHAMPAIGN, IL, 618240260
NTEE Category
Code: P11 - Human services
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