Overview
What is Boothbay Region Education Foundation?
Boothbay Region Education Foundation is a nonprofit organization based in Boothbay Harbor, Maine. Their primary mission is to enhance the intellectual, artistic, and professional growth of students and faculty within the Boothbay Region School System, which includes the Eddy School in Edgecomb and the Southport Elementary School. They achieve this by collecting donations and distributing grants, aiming to enrich the educational experience for all involved. The organization is headquartered at 51 Emery Lane, Boothbay Harbor, ME 04538.
Official website here: www.educationboothbay.squarespace.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Boothbay Region Education Foundation has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial stability. The foundation's score is primarily derived from its Accountability & Finance metrics, which makes up 100% of its overall rating. With a score of 76%, the organization demonstrates sound financial practices, including a perfect record for its independent board members and the absence of any material diversion of assets.
Strengths of the foundation include its fully independent board and strong program expense ratio, which showcases that 100% of its expenses are directed towards its programs. However, the organization lacks several important policies such as a conflict of interest policy and a whistleblower policy, which impacted its score. These missing components suggest areas for improvement in governance practices that could enhance transparency and trust among stakeholders.
Overall, while the Boothbay Region Education Foundation shows strong financial responsibility and commitment to its mission, the absence of critical governance policies is a notable limitation. Addressing these issues could strengthen its overall accountability and potentially improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Boothbay Region Education Foundation legitimate?
Boothbay Region Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boothbay Region Education 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.educationboothbay.squarespace.com
What is the mission statement of Boothbay Region Education Foundation?
The Boothbay Region Education Foundation's mission is centered around enriching the intellectual, artistic, and professional lives of the enrolled students and currently employed faculty and administrators within their school system. Specifically, this includes the Eddy School in Edgecombe and the Southport Elementary School. Their mission is carried out by collecting donations and disbursing grants, aiming to continuously enhance the learning experiences and professional growth within this educational community.
Official website here: www.educationboothbay.squarespace.com
Who is the CEO of Boothbay Region Education Foundation?
Bruce Harris is the Trustee of Boothbay Region Education Foundation.
Official website here: www.educationboothbay.squarespace.com
What is the revenue of Boothbay Region Education Foundation?
Boothbay Region Education Foundation's revenue in 2022 was $76,260.
Official website here: www.educationboothbay.squarespace.com
Who are the executives of Boothbay Region Education Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.educationboothbay.squarespace.com
Where can I find the form 990 for Boothbay Region Education Foundation?
Boothbay Region Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.educationboothbay.squarespace.com
Learn more at the official website: www.educationboothbay.squarespace.com
Mission Statement of Boothbay Region Education Foundation
The Boothbay Region Education Foundation is dedicated to enhancing the intellectual, artistic, and professional growth of enrolled students and currently employed faculty and administrators within the Boothbay Region School System. This encompasses institutions such as the Eddy School in Edgecomb and the Southport Elementary School. The organization achieves this by collecting donations and disbursing grants, thereby continuing to enrich the lives of those within its scope. The mission of Boothbay Region Education Foundation is to contribute positively to the educational experiences and professional development of its student body and staff.
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Impact
August, 2024
Boothbay Region Education Foundation's impact lies in enriching the intellectual, artistic, and professional lives of enrolled students and faculty in the Boothbay Region School System. Through collecting donations and disbursing grants, the foundation supports continued enrichment within the school system, which includes the Eddy School in Edgecomb and the Southport Elementary School. This direct assistance enhances the educational experience and opportunities available to individuals within the community, ultimately contributing to the growth and development of the region's educational ecosystem.
This information is meant to be a general summary of Boothbay Region Education 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.
- Gross Receipts: $76,260
Assets and Liabilities:
- Total Assets: $104,551
- Total Liabilities: $0
- Net Assets: $104,551
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Organization Details
Founding Year
2000
Phone
(207) 633-2874Principal Officer
Bruce Harris
Main Address
51 EMERY LANE, BOOTHBAY HARBOR, ME, 04538
NTEE Category
Code: B12 - Education
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