Overview
What is Clinton Public Schools Scholarship Enrichment Foundation Inc?
Clinton Public Schools Scholarship Enrichment Foundation Inc is a nonprofit organization situated in Clinton, Massachusetts, specifically at 150 School Street. Their primary mission is to provide scholarships and charitable contributions to students within the Clinton Public School District. They manage and distribute these funds for educational and philanthropic purposes, aiming to support and enhance programs that positively impact the students in this district. The foundation's work is focused on developing, sustaining, and aiding initiatives that benefit the students of the Clinton Public School District.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Stars
The Clinton Public Schools Scholarship Enrichment Foundation Inc has received an 80% rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. The overall score is derived solely from the Accountability & Finance beacon, which indicates strong governance and responsible management of resources.
Strengths of the organization include a fully independent board of directors, with a total of eight members, ensuring unbiased oversight. The foundation has maintained a strong program expense ratio of 92.47%, indicating that a significant majority of its funds are directed towards programs rather than administrative costs. Additionally, there are no reported material diversions of assets, further demonstrating the foundation's integrity in financial management.
However, while the foundation shows commendable performance in financial accountability, the singular focus on the Accountability & Finance score may overlook other important areas of evaluation, such as impact metrics or community engagement. Overall, the rating suggests the foundation operates with a high degree of financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Clinton Public Schools Scholarship Enrichment Foundation Inc legitimate?
Clinton Public Schools Scholarship Enrichment Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clinton Public Schools Scholarship Enrichment 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: $2,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Clinton Public Schools Scholarship Enrichment Foundation Inc?
The Clinton Public Schools Scholarship Enrichment Foundation Inc's mission revolves around receiving, managing, and dispensing funds for scholarships, educational, and charitable purposes. This is done with the aim of supporting and enhancing programs that benefit students within the Clinton Public School District. The foundation's primary goal is to contribute to the development and assistance of these educational initiatives, ultimately aiming to contribute positively to the students' learning experiences. They have been known to provide scholarships and charitable contributions to students within the district.
Who is the CEO of Clinton Public Schools Scholarship Enrichment Foundation Inc?
Daniel A Notaro is the President of Clinton Public Schools Scholarship Enrichment Foundation Inc.
What is the revenue of Clinton Public Schools Scholarship Enrichment Foundation Inc?
Clinton Public Schools Scholarship Enrichment Foundation Inc's revenue in 2022 was -$22,818.
Who are the executives of Clinton Public Schools Scholarship Enrichment Foundation Inc and what are their salaries?
There 10 volunteers at Clinton Public Schools Scholarship Enrichment Foundation Inc.
Here are 10 key members and their salaries:
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- Compensation: $2,500
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- Compensation: $250
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Where can I find the form 990 for Clinton Public Schools Scholarship Enrichment Foundation Inc?
Clinton Public Schools Scholarship Enrichment Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Clinton Public Schools Scholarship Enrichment Foundation Inc
The Clinton Public Schools Scholarship Enrichment Foundation Inc is dedicated to receiving, managing, and distributing funds for scholarships, educational, and charitable purposes. Their primary objective is to support and enhance programs that benefit students within the Clinton Public School District. Through this mission, they aim to develop and sustain initiatives that contribute positively to the educational growth and well-being of these students. The Foundation's activities are focused on providing scholarships and making charitable contributions to students within the district, thereby assisting in their overall development and success.
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Impact
October, 2024
Clinton Public Schools Scholarship Enrichment Foundation Inc enhances educational opportunities for students in the Clinton Public School District by providing vital scholarships and charitable contributions. Its impact is seen in the support of various programs designed to benefit students, helping to foster academic growth and personal development. By receiving, administering, and distributing funds, the foundation plays a crucial role in ensuring that students have access to resources that support their educational journey, ultimately enriching the learning environment for the entire community.
This information is meant to be a general summary of Clinton Public Schools Scholarship Enrichment 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: -$78,998
Assets and Liabilities:
- Total Assets: $855,234
- Total Liabilities: $0
- Net Assets: $855,234
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Organization Details
Founding Year
2001
Phone
(978) 365-4587Principal Officer
Daniel A Notaro
Main Address
150 School Street, Clinton, MA, 01510
NTEE Category
Code: B11 - Education
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