Overview
What is St Gall's Parish Endowment Association?
St. Gall's Parish Endowment Association, situated in Colton, Washington, is a nonprofit organization with a specific mission. Primarily, they manage funds originating from memorial accounts for St. Gall's Catholic Church. Their primary activity involves receiving and meticulously managing these memorial funds, ensuring they serve the needs of the church community in Colton, Washington. The association operates as a dedicated entity to honor the memory of loved ones while supporting the spiritual and financial well-being of St. Gall's Catholic Church.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating reflects an overall score that is entirely derived from a single beacon score, indicating that while the organization demonstrates some strengths, there are significant areas for improvement.
The St Gall's Parish Endowment Association showcases strong accountability in certain aspects, such as having a fully independent board and no material diversion of assets. The program expense ratio is commendable at 94.33%, suggesting that a high percentage of their resources are directed towards their charitable programs. However, the organization lacks crucial governance policies, including a conflict of interest policy and a whistleblower policy, which are vital for transparency and accountability.
The absence of key documents on their website, specifically the tax forms and retention policies, further highlights areas that need attention. These missing elements may hinder potential donors' trust and limit the organization's overall score in terms of transparency and governance practices. The association has the potential to improve its rating by addressing these shortcomings.
This AI summary has been generated from information found on Charity Navigator.
Is St Gall's Parish Endowment Association legitimate?
St Gall's Parish Endowment Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Gall's Parish Endowment Association 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 St Gall's Parish Endowment Association?
The St Gall's Parish Endowment Association's primary role is to oversee and manage funds derived from memorial accounts. This association is dedicated to supporting St. Gall's Catholic Church, without specifying a specific location. Their mission is centered around managing these funds in an effective manner, contributing to the church's operations and upkeep. The association serves as a financial resource, ensuring that memorial contributions are utilized in a manner that honors the intent of the donors and benefits the church community.
What is the revenue of St Gall's Parish Endowment Association?
St Gall's Parish Endowment Association's revenue in 2024 was $26,958.
Who are the executives of St Gall's Parish Endowment Association and what are their salaries?
There 10 volunteers at St Gall's Parish Endowment Association.
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 St Gall's Parish Endowment Association?
St Gall's Parish Endowment Association's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of St Gall's Parish Endowment Association
St. Gall's Parish Endowment Association serves a vital role in managing funds derived from memorial accounts associated with St. Gall's Catholic Church in Colton, Washington Parish. The association's primary mission is to oversee these funds, ensuring they are utilized in accordance with their intended purpose. By receiving and managing these resources, the association plays a significant role in supporting the church's ongoing activities and honoring the memory of those commemorated through these memorial accounts. The work of St. Gall's Parish Endowment Association is essential in maintaining the spiritual and financial well-being of the church and its community.
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Impact
August, 2024
St. Gall's Parish Endowment Association plays a crucial role in managing and distributing funds from memorial accounts for St. Gall's Catholic Church in Colton, Washington. As such, it provides essential financial support to the church, ensuring its ongoing operations and the ability to carry out its religious mission in the community. The Association's impact is directly felt in the sustainability and growth of St. Gall's Catholic Church, allowing it to continue serving its parishioners and the broader community.
This information is meant to be a general summary of St Gall's Parish Endowment Association. 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 2024.
- Investment Income: $23,698
- Gross Receipts: $26,958
Assets and Liabilities:
- Total Assets: $764,798
- Total Liabilities: $0
- Net Assets: $764,798
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Organization Details
Founding Year
1979
Principal Officer
Martin Weber
NTEE Category
Code: X99Z - Religion related
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