Overview
What is Friends Of Teen Ranch Foundation?
Friends of Teen Ranch Foundation is a charitable organization situated in Caledon, Ontario, Canada, specifically at 20682 Hurontario St, L7K 1X1. Their primary function involves managing and investing funds, with the income generated being utilized for supporting the general charitable purposes carried out by Caledon Teen Ranch. The foundation's mission is to contribute to the overall objectives of Caledon Teen Ranch, although the specifics of these objectives are not explicitly mentioned in the provided information.
Official website here: www.teenranch.on
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Friends Of Teen Ranch Foundation has earned a Three-Star rating from Charity Navigator, reflecting an overall score based solely on accountability and finance metrics. The organization received high marks for having a fully independent board and maintaining no material diversion of assets. The fiscal responsibility is evident with a low liabilities-to-assets ratio of 7.56% and a strong program expense ratio of 69.67%, indicating a commitment to directing resources toward its mission.
Despite these strengths, there are notable gaps in governance policies, including the absence of a conflict of interest policy and a whistleblower policy, which received zero points. Additionally, the organization does not have a documented retention and destruction policy. These limitations suggest areas for improvement in organizational transparency and governance that could enhance stakeholder confidence.
Overall, while Friends Of Teen Ranch Foundation demonstrates strong financial health and accountability, addressing the missing governance policies could bolster its reputation and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Teen Ranch Foundation legitimate?
Friends Of Teen Ranch Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Teen Ranch 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.teenranch.on
What is the mission statement of Friends Of Teen Ranch Foundation?
The Friends of Teen Ranch Foundation's primary role is to collect funds and manage them effectively. The primary objective is to utilize the earned income for the benefit of the general charitable purposes carried out by Caledon Teen Ranch. The foundation's activities are geared towards channeling the received funds towards the charitable objectives of Caledon Teen Ranch. In essence, the Friends of Teen Ranch Foundation serves as a financial intermediary, supporting the charitable work undertaken by Caledon Teen Ranch. The foundation's mission aligns with its activities, aiming to ensure the efficient use of funds for the overall benefit of the charitable cause.
Official website here: www.teenranch.on
What is the revenue of Friends Of Teen Ranch Foundation?
Friends Of Teen Ranch Foundation's revenue in 2024 was $10,000.
Official website here: www.teenranch.on
Who are the executives of Friends Of Teen Ranch Foundation and what are their salaries?
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
Official website here: www.teenranch.on
Where can I find the form 990 for Friends Of Teen Ranch Foundation?
Friends Of Teen Ranch Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.teenranch.on
Learn more at the official website: www.teenranch.on
Mission Statement of Friends Of Teen Ranch Foundation
Friends of Teen Ranch Foundation exists with a primary objective of managing and investing funds, with the ultimate aim of utilizing the income generated for the betterment of the general charitable purpose carried out by Caledon Teen Ranch. In simpler terms, this organization serves as a financial intermediary, channeling resources towards the broader charitable objectives of Caledon Teen Ranch. By effectively managing and investing these funds, Friends of Teen Ranch Foundation contributes to the overall mission of Caledon Teen Ranch, thereby benefiting the community in a meaningful way.
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Impact
October, 2024
Friends Of Teen Ranch Foundation positively impacts the community by effectively receiving, managing, and investing funds dedicated to supporting the charitable initiatives of Caledon Teen Ranch. The foundation's financial stewardship ensures that the income generated benefits programs and services that serve the youth and families in the area. By focusing on sustainable funding, the foundation enhances the capacity of Caledon Teen Ranch to provide vital human services, creating opportunities for personal growth and development among young people. This commitment to responsible financial management allows for long-term support of transformative programs that foster community well-being and resilience.
This information is meant to be a general summary of Friends Of Teen Ranch 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.
- Gross Receipts: $10,000
Assets and Liabilities:
- Total Assets: $91,814
- Total Liabilities: $6,673
- Net Assets: $85,141
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Organization Details
Founding Year
2003
Principal Officer
Jim Wingfield
Website
www.teenranch.onNTEE Category
Code: P99 - Human services
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