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Stamford Public Education Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061462359 ✦ Stamford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Stamford Public Education Foundation Inc?

Stamford Public Education Foundation Inc, established in 1996, is a dedicated nonprofit organization located at 177 BROAD STREET 3RD FLOOR, STAMFORD, CT, 06901. Their mission is to boost student success by offering educational programs and solutions that foster equitable access to quality public education in Stamford. At the elementary school level, they support literacy initiatives, while their focus shifts towards college and career readiness at the middle and high school levels. With a team of 62 employees, they collaborate with the community and leverage philanthropy to strengthen the educational experience for students and teachers in Stamford Public Schools.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

The Stamford Public Education Foundation Inc has received an overall rating of 86%, indicating a solid level of performance in key areas. The organization scores particularly high in its Accountability & Finance category, reflecting strong practices such as having a fully independent board and a good record of oversight without any material diversion of assets. Their effective fundraising efficiency and program expense ratio further highlight their commitment to responsible financial management.

Strengths of the organization include exceptional scores in Leadership & Adaptability and Culture & Community, where it achieved perfect ratings. This suggests a robust organizational culture and proactive leadership, with evidence of prioritizing staff development. Such attributes are essential for fostering a sustainable nonprofit environment and enhancing the foundation's impact on the community it serves.

Despite the strengths, there are areas noted for improvement, particularly regarding the Working Capital Ratio, which indicates potential challenges in liquidity. While this does not overshadow the foundation's overall strong financial practices, it is a reminder of the balance needed between financial health and operational stability.


This AI summary has been generated from information found on Charity Navigator.

Is Stamford Public Education Foundation Inc legitimate?

Stamford Public Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stamford Public 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,328,053

For more financial information, click here

What is the mission statement of Stamford Public Education Foundation Inc?

The Stamford Public Education Foundation, established in 1996, is committed to enhancing student success. They achieve this by providing educational programs and solutions that foster equitable access to high-quality public education. The foundation's activities primarily focus on supporting students and teachers in Stamford public schools through community collaboration and philanthropy. At the elementary school level, the foundation supports literacy initiatives. As students progress to middle and high school, the focus shifts towards college and career readiness.

Who is the CEO of Stamford Public Education Foundation Inc?

Lindsay Wyman is the Ceo Thru Oct of Stamford Public Education Foundation Inc. The CEO's salary of Stamford Public Education Foundation Inc is $85,000 and their total compensation is $85,000.

What is the revenue of Stamford Public Education Foundation Inc?

Stamford Public Education Foundation Inc's revenue in 2023 was $2,158,578.

Who are the executives of Stamford Public Education Foundation Inc and what are their salaries?

The average compensation at Stamford Public Education Foundation Inc during 2023 was $21,420. There are 62 employees at Stamford Public Education Foundation Inc.


Here are 23 key members and their salaries (Stamford Public Education Foundation Inc's CEO's salary is $85,000 and their total compensation is $85,000):


Lindsay Wyman (Ceo Thru Oct)
  • Compensation: $115,000
  • Related: $0
  • Other: $0
Lynn Tusa (Development)
  • Compensation: $95,000
  • Related: $0
  • Other: $0
Magdalena Loucks (Ceo In Oct 2)
  • Compensation: $85,000
  • Related: $0
  • Other: $0
Kiran Anand (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Bishop (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Briggs-Bloss (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Aronica Buck (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Erlenkotter (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julienne Foy (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Geotes (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rowland Hanley (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aruna Hobbs (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Hubbard (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nerur Kumar (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaclyn Leung (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Martin (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Molina-Powell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heloise Nana (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandi O'Keefe (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalee Pei (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Schaefer (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Zale (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Zanga (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Stamford Public Education Foundation Inc?

Stamford Public Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Stamford Public Education Foundation Inc

The Stamford Public Education Foundation, established in 1996, is dedicated to elevating student success. Its mission is to deliver educational programs and solutions that promote equitable access to quality public education in Stamford. The organization aims to achieve this by collaborating with the community and leveraging philanthropy.

At the elementary school level, the Foundation focuses on literacy initiatives. It supports the students and teachers in Stamford Public Schools, ensuring they have the resources and opportunities necessary for academic growth. Moving up to the middle and high school levels, the Foundation's focus shifts towards college and career readiness. It provides programs and solutions that prepare students for their future academic and professional pursuits.

In essence, the Stamford Public Education Foundation's mission is to foster a conducive learning environment where every student can thrive. It aims to bridge the gap between resources and opportunities, ensuring that quality education is accessible to all students in Stamford.

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Impact




July, 2024

Stamford Public Education Foundation Inc has made a significant impact in elevating student success and promoting equitable access to quality public education in Stamford since its founding in 1996. By delivering educational programs and solutions, SPEF has been instrumental in supporting students and teachers in Stamford Public Schools through community collaboration and philanthropy.

At the elementary school level, SPEF focuses on supporting literacy initiatives, while at the middle and high school levels, the foundation's efforts are centered on promoting college and career readiness. This targeted approach has positively influenced the academic outcomes and future prospects of students in Stamford.

Through its commitment to educational excellence and equitable access, Stamford Public Education Foundation Inc has become a vital organization in the Stamford community, making a lasting impact on the lives of students and the quality of education in the region.




This information is meant to be a general summary of Stamford Public 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.

Revenue
$2,158,578 (2023)
Expenses
$2,302,748 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $639
  • Program Service Revenue: $1,157,713
  • Gross Receipts: $2,224,101

Assets and Liabilities:

  • Total Assets: $535,234
  • Total Liabilities: $179,458
  • Net Assets: $355,776

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES FOR SERVICE

Revenue

$1,136,073

FEE FOR SERVICE OTHER

Revenue

$21,640

Organization Details

Founding Year

1996

Principal Officer

Lindsay Wyman

Main Address

177 BROAD STREET 3RD FLOOR, STAMFORD, CT, 06901

NTEE Category

Code: T20 - Philanthropy

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