Overview
What is Connecticut Education Foundation Inc?
Connecticut Education Foundation Inc, based in Hartford, Connecticut, serves as a nonprofit organization with a mission to support its members and the education sector. Their primary activities include providing emergency aid to association members, offering scholarships to individuals entering the teaching profession, and offering assistance to children in the classroom. This foundation seeks to enrich and empower both educators and students by addressing their needs and fostering academic growth.
Official website here: www.cea.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Connecticut Education Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and financial health. The overall score is derived entirely from the Accountability & Finance beacon, showcasing the organization’s focus on responsible management of funds. The charity has been rated positively for having a fully independent board and demonstrating a strong commitment to financial transparency.
Strengths highlighted include a high program expense ratio of 90.96%, suggesting that a significant portion of its budget goes directly toward its programs. Additionally, there were no material diversions of assets reported, which enhances its financial integrity. However, the organization lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which points to areas for improvement in governance practices.
While the foundation performs well in financial metrics, the absence of certain policies reflects potential weaknesses in its operational protocols. Addressing these gaps would strengthen the foundation’s governance framework and enhance its overall performance. The organization’s commitment to transparency and program effectiveness remains a positive aspect for current and potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Connecticut Education Foundation Inc legitimate?
Connecticut Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connecticut 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.cea.org
What is the mission statement of Connecticut Education Foundation Inc?
The Connecticut Education Foundation Inc is committed to providing assistance in various capacities. Their primary mission involves offering emergency aid to members of the associated teaching community. Furthermore, they provide scholarships for individuals who are entering the teaching profession. Additionally, the foundation extends its support to children in the classroom, aiming to enhance their learning environment. In essence, the Connecticut Education Foundation Inc seeks to alleviate financial burdens for teachers and support the educational growth of children.
Official website here: www.cea.org
Who is the CEO of Connecticut Education Foundation Inc?
Joslyn Delancey is the Principal Officer of Connecticut Education Foundation Inc.
Official website here: www.cea.org
What is the revenue of Connecticut Education Foundation Inc?
Connecticut Education Foundation Inc's revenue in 2022 was $82,576.
Official website here: www.cea.org
Who are the executives of Connecticut Education Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.cea.org
Where can I find the form 990 for Connecticut Education Foundation Inc?
Connecticut Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cea.org
Learn more at the official website: www.cea.org
Mission Statement of Connecticut Education Foundation Inc
Connecticut Education Foundation, a nonprofit organization, is dedicated to providing assistance in various capacities. Its primary mission is to offer emergency aid to members of the associated teaching community. Beyond this, the foundation extends scholarships to individuals who are embarking on their teaching careers. Lastly, the organization provides support to children within the classroom setting. By providing these services, Connecticut Education Foundation aims to enhance the well-being and success of educators and students alike.
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Impact
October, 2024
Connecticut Education Foundation Inc significantly impacts the education sector by offering crucial support to educators and their students. Through emergency aid, it assists members of the association facing urgent financial hardships, ensuring they can continue to focus on their teaching without personal crises interrupting their efforts.
The foundation also plays a vital role in fostering the next generation of educators by providing scholarships for individuals entering the teaching profession. This financial support helps to alleviate the burden of educational costs, encouraging more passionate individuals to pursue a career in teaching.
Additionally, the foundation directly supports children's learning experiences in the classroom. By facilitating assistance tailored to classroom needs, it enhances the educational environment, contributing to more effective learning outcomes.
Overall, the Connecticut Education Foundation Inc strengthens the educational framework by supporting both teachers and students, ensuring that quality education remains accessible and impactful.
This information is meant to be a general summary of Connecticut 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 2022.
- Investment Income: $41,987
- Gross Receipts: $226,311
Assets and Liabilities:
- Total Assets: $681,992
- Total Liabilities: $0
- Net Assets: $681,992
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Organization Details
Founding Year
1991
Phone
(860) 525-5641Principal Officer
Joslyn Delancey
Main Address
21 OAK STREET SUITE 500, HARTFORD, CT, 061068001
Website
www.cea.orgNTEE Category
Code: B82 - Education
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