Overview
What is The Needham Education Foundation Inc?
The Needham Education Foundation Inc is a community-based nonprofit organization situated in Needham, Massachusetts. With a single employee, their primary mission is to enrich public school education in the area by awarding grants. These grants aim to foster innovation and excellence, benefiting students from pre-kindergarten to high school. The foundation functions independently, raising funds to supplement programs in elementary, middle, and high schools, thereby contributing to the overall development of the students.
Official website here: www.nefneedham.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Needham Education Foundation Inc has received a 76% rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. This score is based entirely on a single beacon score, indicating that the organization prioritizes transparent financial practices and effective governance.
The foundation demonstrates notable strengths, including a fully independent board of directors, with 100% of members categorized as independent. Additionally, there are no reported diversions of assets, and the organization maintains a robust program expense ratio of 95.01%, indicating that the majority of its expenses directly support its educational initiatives.
However, while the financial metrics are strong, the overall score suggests that there may be areas for improvement or additional metrics not fully captured in the evaluation. Nonetheless, the foundation appears to be well-managed with a commitment to serving its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is The Needham Education Foundation Inc legitimate?
The Needham Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Needham Education Foundation Inc 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: $11,871
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nefneedham.org
What is the mission statement of The Needham Education Foundation Inc?
The Needham Education Foundation is an independent community organization that raises funds to enrich the educational experiences of children in a school system. Its mission is to promote innovation and excellence in education from pre-kindergarten to high school by awarding grants. The organization's activities focus on supporting various programs and students within the elementary, middle, and high school levels. These grants aim to enhance the overall educational environment, fostering a culture of innovation and achievement.
Official website here: www.nefneedham.org
What is the revenue of The Needham Education Foundation Inc?
The Needham Education Foundation Inc's revenue in 2023 was $169,520.
Official website here: www.nefneedham.org
Who are the executives of The Needham Education Foundation Inc and what are their salaries?
The average compensation at The Needham Education Foundation Inc during 2023 was $11,871. There is 1 employee and 4 volunteers at The Needham Education Foundation Inc.
Here are 32 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nefneedham.org
Where can I find the form 990 for The Needham Education Foundation Inc?
The Needham Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nefneedham.org
Learn more at the official website: www.nefneedham.org
Mission Statement of The Needham Education Foundation Inc
The Needham Education Foundation, as an independent community-driven organization, is dedicated to enhancing the educational experiences of children in Needham, Massachusetts, from pre-kindergarten through high school. By raising funds, the foundation supports initiatives that foster innovation and excellence, granting resources to various elementary, middle, and high school programs and students. The primary goal of The Needham Education Foundation is to enrich the educational journey of its young population, promoting a nurturing environment that encourages growth and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Needham Education Foundation Inc significantly enriches the educational landscape for students in Needham, Massachusetts. By raising funds to support innovative programs and initiatives, it enhances the learning experiences of children from pre-kindergarten through high school. Through its grant funding, the organization supplements essential programs and resources at elementary, middle, and high schools, thereby promoting excellence in education.
The Foundation's impact is reflected in the diverse opportunities it provides—encouraging creativity, critical thinking, and engagement among students. By fostering an environment where educational innovation can thrive, the Foundation not only improves individual student outcomes but also strengthens the overall quality of public education in the community. The collaborative efforts of the Foundation with educators and the community ensure that all students have access to enriching experiences that enhance their academic journey and personal development.
This information is meant to be a general summary of The Needham Education Foundation Inc. 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 2023.
- Investment Income: $60,947
- Program Service Revenue: $6,356
- Gross Receipts: $834,808
Assets and Liabilities:
- Total Assets: $1,500,901
- Total Liabilities: $108
- Net Assets: $1,500,793
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRATITUDE CARDS/GRAMS
Revenue
$6,356
Organization Details
Founding Year
1990
Principal Officer
Stephanie Wallace
Website
www.nefneedham.orgNTEE Category
Code: B95Z - Education
If you are a representative of The Needham Education Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.