Overview
What is The Longmeadow Educational Excellence Foundation Inc?
The Longmeadow Educational Excellence Foundation Inc. is a nonprofit organization situated in Longmeadow, Massachusetts. Its primary objective is to establish and sustain a fund aimed at benefiting students in the local public schools. By operating beyond the usual tax-supported budget, this autonomous institution provides grants for innovative educational and enrichment programs, which are not typically funded within the school's normal budget. Through these grants, Longmeadow Educational Excellence Foundation Inc. strives to enhance the learning experience for students in Longmeadow, Massachusetts, by implementing unique and engaging programs outside of standard educational funding.
Official website here: www.goleef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Longmeadow Educational Excellence Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scored 90% in the Accountability & Finance category, indicating effective management of resources and transparency in operations. This rating suggests that donors can have confidence in the foundation's practices and overall governance.
One of the standout strengths of the foundation is its fully independent board, consisting of 12 members, which enhances its governance and decision-making processes. The absence of any material diversion of assets and the presence of essential policies, such as conflict of interest and whistleblower protection, further reinforce its accountability standards. The organization also maintains a solid financial structure, evidenced by a liabilities to assets ratio of 0.00%.
However, there is room for improvement in the program expense ratio, which currently stands at 64.63%. While this reflects a significant portion of expenses directed towards programs, it indicates that nearly 35% of expenditures may be allocated to administrative and fundraising activities. Balancing this ratio could strengthen the foundation’s impact and ensure that more funds are dedicated directly to beneficiaries. Overall, the Longmeadow Educational Excellence Foundation Inc demonstrates strong governance and accountability, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Longmeadow Educational Excellence Foundation Inc legitimate?
The Longmeadow Educational Excellence Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Longmeadow Educational Excellence 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.
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Official website here: www.goleef.org
What is the mission statement of The Longmeadow Educational Excellence Foundation Inc?
The Longmeadow Educational Excellence Foundation Inc's mission is to establish and sustain a fund for the benefit of students in the Longmeadow Public Schools. This fund serves to provide grants, surpassing the tax-supported budget, for innovative education and enrichment programs that typically fall outside of the usual public funding. As an independent, autonomous institution, LEEF strives to ensure that these grants are used to create, implement, and maintain such innovative educational and enrichment programs within the Longmeadow Massachusetts Public Schools.
Official website here: www.goleef.org
What is the revenue of The Longmeadow Educational Excellence Foundation Inc?
The Longmeadow Educational Excellence Foundation Inc's revenue in 2024 was $68,321.
Official website here: www.goleef.org
Who are the executives of The Longmeadow Educational Excellence Foundation Inc and what are their salaries?
There 17 volunteers at The Longmeadow Educational Excellence Foundation Inc.
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Official website here: www.goleef.org
Where can I find the form 990 for The Longmeadow Educational Excellence Foundation Inc?
The Longmeadow Educational Excellence Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.goleef.org
Learn more at the official website: www.goleef.org
Mission Statement of The Longmeadow Educational Excellence Foundation Inc
The Longmeadow Educational Excellence Foundation (LEEF) is an autonomous institution with a mission to create and maintain a fund for the benefit of Longmeadow Public School students. This nonprofit organization goes beyond the tax-supported budget to provide grants for innovative education and enrichment programs. LEEF's primary goal is to ensure that these grants are utilized to create, implement, and maintain innovative educational and enrichment programs that are not typically funded within the normal public budget in Longmeadow, Massachusetts Public Schools. By doing so, LEEF aims to enhance the educational experience for students, providing them with opportunities that extend beyond the conventional learning environment.
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Impact
August, 2024
The Longmeadow Educational Excellence Foundation Inc has a significant impact on Longmeadow Public School students by providing grants for innovative education and enrichment programs that go beyond the tax-supported budget. These grants help create, implement, and maintain programs that enhance the learning experience for students in Longmeadow, Massachusetts. Through its efforts, LEEF plays a crucial role in advancing educational opportunities and promoting excellence in the public school system.
This information is meant to be a general summary of The Longmeadow Educational Excellence 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 2024.
- Investment Income: $34,267
- Gross Receipts: $74,645
Assets and Liabilities:
- Total Assets: $1,375,362
- Total Liabilities: $0
- Net Assets: $1,375,362
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Organization Details
Founding Year
2001
Principal Officer
Joel Minnick
Website
www.goleef.orgNTEE Category
Code: B80 - Education
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