Overview
What is Stanwood Camano Area Foundation?
Stanwood Camano Area Foundation is a charitable organization located in Stanwood, Washington. Their primary mission is to support the local community, particularly high school graduates pursuing higher education, through scholarship programs. They also offer scholarships for adults and musicians, in addition to providing community grants and emergency assistance to those in need. The foundation further nurtures the arts and culture in the Stanwood-Camano area by offering financial aid to relevant organizations.
Official website here: www.s-caf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Stanwood Camano Area Foundation has received a mixed evaluation with a Two-Star rating from Charity Navigator. This rating reflects strengths in its culture and community engagement, as evidenced by a perfect score in these areas. Additionally, the foundation demonstrates strong program expense efficiency and a robust working capital ratio, indicating sound financial management.
However, several significant limitations impact the foundation's overall rating. Notably, it lacks independent board members and has missing policies regarding conflict of interest and whistleblower protections. Furthermore, the absence of financial statements and board meeting minutes suggests a need for improved transparency and accountability practices.
While the foundation excels in gathering and utilizing feedback, the lack of essential governance documents raises concerns. Addressing these shortcomings could enhance its credibility and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Stanwood Camano Area Foundation legitimate?
Stanwood Camano Area Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stanwood Camano Area 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: $52,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.s-caf.org
What is the mission statement of Stanwood Camano Area Foundation?
The Stanwood Camano Area Foundation's mission is centered around addressing the philanthropic needs of the wider Stanwood and Camano Island communities. This is achieved through various means, including providing scholarships for high school graduates, adult learners, and music enthusiasts. Furthermore, the foundation offers community grants and emergency assistance to its members in need. In addition, the foundation supports organizations that promote arts and culture within the Stanwood-Camano area.
Official website here: www.s-caf.org
Who is the CEO of Stanwood Camano Area Foundation?
Dave Hayes is the President of Stanwood Camano Area Foundation.
Official website here: www.s-caf.org
What is the revenue of Stanwood Camano Area Foundation?
Stanwood Camano Area Foundation's revenue in 2022 was $4,141,710.
Official website here: www.s-caf.org
Who are the executives of Stanwood Camano Area Foundation and what are their salaries?
There 14 volunteers at Stanwood Camano Area Foundation.
Here are 12 key members and their salaries:
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Official website here: www.s-caf.org
Where can I find the form 990 for Stanwood Camano Area Foundation?
Stanwood Camano Area Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.s-caf.org
Learn more at the official website: www.s-caf.org
Mission Statement of Stanwood Camano Area Foundation
The Stanwood Camano Area Foundation is dedicated to addressing the philanthropic needs of its community. This nonprofit organization takes a proactive approach by providing scholarships to high school graduates, adults pursuing higher education, and individuals interested in music. Beyond scholarships, the foundation also extends its philanthropic assistance to the community at large, offering emergency aid when needed.
In addition to scholarships, the Stanwood Camano Area Foundation supports various organizations that contribute to the arts and culture of the area. By providing community grants, this nonprofit organization helps these organizations thrive, thereby enriching the community's cultural landscape. The foundation's mission is a testament to its commitment to fostering educational opportunities and supporting its community members in times of need.
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Impact
July, 2024
Stanwood Camano Area Foundation's impact can be seen in the support it provides to the greater Stanwood and Camano Island communities. By offering scholarships for graduating high school seniors, adult learners, and musicians, the foundation is empowering individuals to pursue higher education and achieve their academic goals. Additionally, through community grants and emergency assistance, the foundation is able to address immediate needs and support organizations that contribute to the arts and culture of the Stanwood-Camano area. This commitment to philanthropy and community support demonstrates the foundation's dedication to enhancing the well-being of individuals and the community as a whole.
This information is meant to be a general summary of Stanwood Camano Area 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: $114,469
- Program Service Revenue: $94,363
- Gross Receipts: $7,844,097
Assets and Liabilities:
- Total Assets: $7,417,677
- Total Liabilities: $121,005
- Net Assets: $7,296,672
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENDOWMENT MANAGEMENT FEES
Revenue
$34,220
FISCAL AGENT FEE
Revenue
$50,113
SCHOLARSHIP ADMIN FEES
Revenue
$10,030
Organization Details
Phone
(360) 629-6878Principal Officer
Dave Hayes
Main Address
PO BOX 1209, STANWOOD, WA, 98292
Website
www.s-caf.orgNTEE Category
Code: T31 - Philanthropy
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