Overview
What is Five Fires Foundation?
The Five Fires Foundation is a dedicated nonprofit organization that supports the Greater Des Moines YMCA's camp program. Their primary role involves owning and maintaining the campground property, ensuring its continued upkeep and enhancement. Through their charitable efforts, the foundation aims to sustain and enhance the Y-Camp's future, relying on the generosity of individuals, businesses, and foundations. The current circumstances, including the significant growth of the YMCA and the impact of the pandemic, have necessitated innovative approaches to keep the camp's impact and legacy alive.
Official website here: www.fivefiresfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Five Fires Foundation has earned an 83% rating from Charity Navigator, indicating a strong performance in terms of accountability and finance. The organization has achieved a perfect score for independent board membership and board size, reflecting robust governance practices. Additionally, there are no concerns regarding material diversion of assets, which signifies effective management of resources.
However, there are some areas for improvement. The foundation is missing key policies such as a whistleblower policy and document retention and destruction policy, which received no points. These omissions suggest a potential gap in transparency and accountability practices that could be addressed to enhance organizational integrity.
On a positive note, the foundation demonstrates a healthy program expense ratio of 78.19%, indicating that a significant portion of its funds is directed towards its programs. This focus on programmatic spending highlights the organization's commitment to its mission and effective use of donations to support its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Five Fires Foundation legitimate?
Five Fires Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Five Fires 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.fivefiresfoundation.org
What is the mission statement of Five Fires Foundation?
The Five Fires Foundation's mission is centered around supporting the sustainability and advancement of a YMCA camp program. They aim to generate resources to ensure the camp maintains its special status, even in the face of challenges such as significant growth and loss of membership due to the pandemic. The foundation relies on the generosity of individuals, businesses, and foundations to achieve this goal. Their mission is to preserve the camp's impact and legacy for future generations.
Official website here: www.fivefiresfoundation.org
Who is the CEO of Five Fires Foundation?
Kirk Hartung is the President of Five Fires Foundation.
Official website here: www.fivefiresfoundation.org
What is the revenue of Five Fires Foundation?
Five Fires Foundation's revenue in 2022 was $562,522.
Official website here: www.fivefiresfoundation.org
Who are the executives of Five Fires Foundation and what are their salaries?
There 9 volunteers at Five Fires Foundation.
Here are 7 key members and their salaries:
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Official website here: www.fivefiresfoundation.org
Where can I find the form 990 for Five Fires Foundation?
Five Fires Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fivefiresfoundation.org
Learn more at the official website: www.fivefiresfoundation.org
Mission Statement of Five Fires Foundation
The Five Fires Foundation is dedicated to ensuring the enduring success and development of the Greater Des Moines YMCA camp program. This is achieved by assuming ownership and maintenance responsibilities for the campground property. The foundation's mission is centered around harnessing the generosity of individuals, businesses, and philanthropic organizations. By doing so, it aims to secure the financial resources necessary for the camp's continued growth and prosperity. The YMCA's significant expansion over the years, coupled with the substantial impact of the pandemic on membership and camp revenue, necessitated innovative strategies for sustainability. Recognizing the deep-rooted affection for the camp among its supporters, the YMCA enlisted the help of the Five Fires Foundation to safeguard the camp's unique impact and legacy.
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Impact
July, 2024
The impact of the Five Fires Foundation is significant in supporting the Greater Des Moines YMCA camp program by owning and maintaining the campground property. The foundation plays a crucial role in generating resources for the sustainability and advancement of Y-Camp, ensuring its continued operation and the preservation of its legacy. Through the support of individuals, businesses, and foundations, the foundation helps keep camp a special place for all who benefit from its programs. The Foundation's dedication to ensuring the camp's success today and into the future is vital, especially during challenging times such as the pandemic, which has led to a loss in membership and camp revenue.
This information is meant to be a general summary of Five Fires 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: $164
- Program Service Revenue: $76,500
- Gross Receipts: $562,522
Assets and Liabilities:
- Total Assets: $2,421,389
- Total Liabilities: $0
- Net Assets: $2,421,389
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - YMCA
Revenue
$76,500
Organization Details
Founding Year
2020
Phone
(515) 783-8777Principal Officer
Kirk Hartung
Main Address
801 Grand Ave Ste 3200, Des Moines, IA, 503098009
Website
www.fivefiresfoundation.orgNTEE Category
Code: N20 - Recreation
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