Overview
What is Crater Foundation?
The Crater Foundation is a nonprofit organization situated in Central Point, Oregon. With a focus on supporting the Central Point School District No. 6, this organization awards scholarships and allocates funds for human resources. Their mission encompasses assisting students and schools in various sectors, including extracurricular activities, capital improvements, and addressing human needs. By offering scholarships, the foundation empowers students to pursue their educational goals, while their involvement in human needs addresses essential necessities within the district.
Official website here: www.craterfoundation.district
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating
The Crater Foundation has earned a Three-Star rating on Charity Navigator, indicating a solid performance in accountability and finance. The overall score is solely derived from a single beacon score, showcasing its strength in financial management, as evidenced by a program expense ratio of 100%. This means that all of its expenses are directed towards its programs, reinforcing its commitment to effective resource allocation.
The foundation demonstrates a high level of governance, with a fully independent board of members and no material diversion of assets. It scored full points across various accountability metrics, such as having a clear conflict of interest policy and maintaining proper documentation for board meetings. Such practices reflect a strong dedication to transparency and ethical management.
While the foundation has shown commendable strengths in its financial stewardship and governance, the overall rating suggests there may still be areas for improvement that could enhance its reputation further. Overall, the Crater Foundation presents itself as a reliable nonprofit organization with effective financial practices and strong oversight.
This AI summary has been generated from information found on Charity Navigator.
Is Crater Foundation legitimate?
Crater Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crater 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.
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Official website here: www.craterfoundation.district
What is the mission statement of Crater Foundation?
The Crater Foundation is committed to assisting students and schools within a specific district, primarily focusing on four key areas: scholarships, extracurricular activities, capital improvements, and addressing human needs. Through its resources, the foundation aims to support the educational journey and well-being of the students within this district. The foundation has been active in providing scholarships and human resource funds to students from the Central Point School District No. 6.
Official website here: www.craterfoundation.district
What is the revenue of Crater Foundation?
Crater Foundation's revenue in 2024 was $674,080.
Official website here: www.craterfoundation.district
Who are the executives of Crater Foundation and what are their salaries?
There 22 volunteers at Crater Foundation.
Here are 19 key members and their salaries:
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Official website here: www.craterfoundation.district
Where can I find the form 990 for Crater Foundation?
Crater Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.craterfoundation.district
Learn more at the official website: www.craterfoundation.district
Mission Statement of Crater Foundation
The Crater Foundation is committed to supporting students and schools within its district, specifically in the areas of scholarships, extracurricular activities, capital improvements, and human needs. This nonprofit organization aims to make a significant impact in the educational journey of its students by providing essential resources. The Crater Foundation's mission is not limited to financial aid but also extends to funding for extracurricular activities, which play a critical role in a student's overall development. Furthermore, the foundation invests in capital improvements, ensuring that schools have the necessary infrastructure to facilitate learning effectively. In addition, the Crater Foundation offers assistance in addressing human needs, providing resources that address the unique challenges faced by students and their families. Through these initiatives, the Crater Foundation contributes to the overall well-being and success of District 6 students.
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Impact
July, 2024
Crater Foundation plays a crucial role in supporting District 6 students and schools in Central Point, Oregon. They provide scholarships, assistance with extracurricular activities, contribute to capital improvements, and address urgent human needs. By awarding scholarships and human resource funds to students in the Central Point School District No. 6, the foundation directly impacts the educational and personal development of local youth, helping them access opportunities they might not have had otherwise. Through their various initiatives, Crater Foundation serves as a vital support system for the community, nurturing the academic and holistic growth of students in District 6.
This information is meant to be a general summary of Crater 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 2024.
- Investment Income: $75,044
- Gross Receipts: $1,165,783
Assets and Liabilities:
- Total Assets: $2,970,543
- Total Liabilities: $816
- Net Assets: $2,969,727
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Organization Details
Founding Year
1996
Principal Officer
Rob Hernandez
NTEE Category
Code: Z99Z - Unknown
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