Overview
What is Codman Academy Foundation Inc?
Codman Academy Foundation Inc, situated in Dorchester, Massachusetts, is a nonprofit organization dedicated to bolstering the financial stability of Codman Academy Charter Public School. Their primary mission revolves around supporting the school's mission, enriching the educational experience of its students through various extracurricular activities. The foundation's efforts contribute to the overall well-being of the school, ensuring it can continue to provide quality education to its students.
Official website here: www.codmanacademy.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Codman Academy Foundation Inc has achieved an outstanding rating of 96% from Charity Navigator, highlighting its strong commitment to accountability and financial management. This high score reflects effective governance practices, including a fully independent board of directors and comprehensive financial oversight, which are crucial for donor trust and organizational integrity.
The foundation demonstrates exceptional financial health, with a program expense ratio of 90.24%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, the organization has no reported material diversions of assets, which further underscores its stability and reliability in managing funds responsibly.
While the overall rating is highly positive, it is essential for potential donors to consider the specific context of the foundation's services and impact. Although the financial metrics are strong, interested parties may want to explore the qualitative aspects of the programs offered to fully understand the organization's effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Codman Academy Foundation Inc legitimate?
Codman Academy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Codman Academy 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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For more financial information, click here
Official website here: www.codmanacademy.org
What is the mission statement of Codman Academy Foundation Inc?
The Codman Academy Foundation Inc's mission is centered around supporting the mission of the Codman Academy Charter Public School. Specifically, they aim to promote the financial well-being of the school and contribute to various student enrichment activities. In essence, their role is to bolster the educational experience of the students at Codman Academy Charter Public School.
Official website here: www.codmanacademy.org
Who is the CEO of Codman Academy Foundation Inc?
James Dillon is the Director of Codman Academy Foundation Inc.
Official website here: www.codmanacademy.org
What is the revenue of Codman Academy Foundation Inc?
Codman Academy Foundation Inc's revenue in 2022 was $1,312,606.
Official website here: www.codmanacademy.org
Who are the executives of Codman Academy Foundation Inc and what are their salaries?
There 23 volunteers at Codman Academy Foundation Inc.
Here are 23 key members and their salaries:
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Official website here: www.codmanacademy.org
Where can I find the form 990 for Codman Academy Foundation Inc?
Codman Academy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.codmanacademy.org
Learn more at the official website: www.codmanacademy.org
Mission Statement of Codman Academy Foundation Inc
Codman Academy Foundation Inc is dedicated to supporting the mission of Codman Academy Charter Public School. This nonprofit organization's primary objective is to promote the financial well-being of the school and contribute to various student enrichment activities. By doing so, Codman Academy Foundation Inc plays a crucial role in ensuring the school's success and the overall development of its students. The foundation's mission is aligned with the school's vision, working tirelessly to supplement its resources and provide opportunities for students to thrive academically and personally.
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Impact
July, 2024
Codman Academy Foundation Inc's impact is focused on supporting the mission of Codman Academy Charter Public School. Through promoting the financial well-being of the school and providing support for various student enrichment activities, the foundation plays a crucial role in enhancing the educational experience for students. Their commitment to education in Dorchester, MA, is evident in their mission to ensure that the Codman Academy Charter Public School can continue to provide a high-quality learning environment for its students.
This information is meant to be a general summary of Codman Academy 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: $163,209
- Gross Receipts: $1,774,174
Assets and Liabilities:
- Total Assets: $21,175,637
- Total Liabilities: $11,231,951
- Net Assets: $9,943,686
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Organization Details
Founding Year
2001
Phone
(617) 287-0700Principal Officer
James Dillon
Main Address
637 WASHINGTON STREET, DORCHESTER, MA, 02124
Website
www.codmanacademy.orgNTEE Category
Code: B112 - Education
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