Overview
What is Weymouth Educational Foundation Inc?
Weymouth Educational Foundation Inc is a nonprofit organization dedicated to supporting the educational needs of students in the Weymouth public school system. Their mission is to provide grants and awards to both the entire school system and individual teachers, aiming to enhance the learning experience and promote academic success. The Foundation assists in various educational initiatives, contributing to the overall growth and development of the students in the Weymouth community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating
The Weymouth Educational Foundation Inc has received a rating of 73% from Charity Navigator, which translates to a Two-Star designation. This rating is based solely on its Accountability & Finance beacon, indicating that while the foundation has robust practices in financial management, there may be areas needing improvement to achieve a higher overall rating.
Strengths of the organization include a fully independent board, with 10 out of 10 board members being independent, as well as a solid program expense ratio of 89.35%. This suggests that a significant portion of their funds is directed towards program services, which is a positive indicator of their operational effectiveness. Additionally, they have demonstrated responsible financial stewardship with no material diversion of assets and a favorable liabilities to assets ratio of 1.85%.
However, the overall score reflects that there may be limited performance data beyond financial accountability. Organizations aiming for higher ratings typically need to show enhanced transparency in their overall impact and effectiveness in their mission, which may be an area for the Weymouth Educational Foundation to focus on going forward.
This AI summary has been generated from information found on Charity Navigator.
Is Weymouth Educational Foundation Inc legitimate?
Weymouth Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Weymouth Educational 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:
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What is the mission statement of Weymouth Educational Foundation Inc?
The Weymouth Educational Foundation Inc's mission is centered around aiding the students of the Weymouth public schools. This is achieved through the provision of grants and awards to teachers within the system. The foundation's objective is to support the entire school system as well as individual teachers, aiming to enhance the educational experience for the students. By granting funds, the foundation seeks to encourage innovative teaching methods and foster a conducive learning environment.
What is the revenue of Weymouth Educational Foundation Inc?
Weymouth Educational Foundation Inc's revenue in 2022 was $25,661.
Who are the executives of Weymouth Educational Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Weymouth Educational Foundation Inc?
Weymouth Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Weymouth Educational Foundation Inc
The Weymouth Educational Foundation Inc, as its mission statement suggests, is dedicated to aiding the students of the Weymouth Public Schools. This is achieved through the provision of grants and awards to both the entire school system and individual teachers within the system. By doing so, the foundation aims to enhance the learning experience and opportunities for students in the Weymouth public schools.
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Impact
August, 2024
Weymouth Educational Foundation Inc's impact is significant in enhancing the educational experience for students in the Weymouth public schools. By providing grants and awards to teachers within the system, the foundation directly contributes to the improvement of the school system and the professional development of educators. This results in enriched learning opportunities for students and an overall enhancement of the educational environment. Through its mission of supporting the students of the Weymouth public schools, the foundation plays a crucial role in promoting educational excellence and innovation within the community.
This information is meant to be a general summary of Weymouth Educational 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 2022.
- Investment Income: -$78
- Gross Receipts: $44,274
Assets and Liabilities:
- Total Assets: $55,783
- Total Liabilities: $1,032
- Net Assets: $54,751
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Organization Details
Founding Year
1996
Principal Officer
Sandra Carle
NTEE Category
Code: B82Z - Education
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