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Norwalk 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: 061498087 ✦ Norwalk, CT ✦ Designated as a 501(c)(3)

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Overview

What is Norwalk Education Foundation Inc?

Norwalk Education Foundation Inc is a nonprofit organization committed to bolstering student learning experiences and improving teaching practices. By partnering with local communities, they financially support programs that foster creativity, collaboration, and wellness among students. These initiatives aim to enhance educational value, promote cultural understanding, and fortify teacher effectiveness. Annually, the foundation grants funds for proposals across various subjects, prioritizing those that encourage teamwork, parental involvement, and community engagement.


Official website here: www.norwalkeducation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 59% (One-Star out of Four Stars)

The Norwalk Education Foundation Inc has received a One-Star rating from Charity Navigator, highlighting significant concerns in its accountability and financial practices. While the foundation has achieved a perfect score in areas such as having a majority independent board and no material diversion of assets, it suffers from critical weaknesses in transparency, evidenced by the absence of whistleblower and document retention policies.

Additionally, the organization's program expense ratio is notably low at 51.13%, indicating that a smaller portion of its funds is allocated towards its mission-related activities compared to what is typically expected for nonprofits. Although it meets requirements for board meeting minutes and maintains a favorable liabilities to assets ratio, the lack of a posted tax form on its website further detracts from its accountability score.

Overall, while the Norwalk Education Foundation Inc has some strong governance aspects, its rating reflects issues that could undermine donor confidence and its effectiveness in fulfilling its educational mission. Stakeholders may want to consider these factors when evaluating their support for the organization.


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

Is Norwalk Education Foundation Inc legitimate?

Norwalk Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norwalk Education Foundation Inc submitted a form 990EZ, 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.


Official website here: www.norwalkeducation.org

What is the mission statement of Norwalk Education Foundation Inc?

The Norwalk Education Foundation's mission is centered around supporting holistic student learning experiences and enhancing teaching practices. They achieve this by working with community partners to fund programs that encourage creativity, foster collaboration among various grades, classes, and cultures, and strengthen teacher excellence. Each year, the foundation awards grants for proposals that incorporate these elements and contribute to the overall value of education. The foundation's initiatives promote student wellness and aim to establish strong connections between parents, students, and the community.


Official website here: www.norwalkeducation.org

Who is the CEO of Norwalk Education Foundation Inc?

Roz Mccarthy is the Secretary of Norwalk Education Foundation Inc.


Official website here: www.norwalkeducation.org

What is the revenue of Norwalk Education Foundation Inc?

Norwalk Education Foundation Inc's revenue in 2022 was $79,330.


Official website here: www.norwalkeducation.org

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


Here are 11 key members and their salaries:


Margaret Costa (Int. Exec. D)
  • Compensation: $12,010
  • Related: $0
  • Other: $0
Kelley Hefferan (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Dunsmore (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Dekempa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roz Mccarthy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Valenzisi (Nps Represen)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Cafero (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Bria (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Giandurco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Bousseau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.norwalkeducation.org

Where can I find the form 990EZ for Norwalk Education Foundation Inc?

Norwalk Education Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.norwalkeducation.org

Learn more at the official website: www.norwalkeducation.org

Mission Statement of Norwalk Education Foundation Inc

The Norwalk Education Foundation, in its mission, aims to provide support for enriching learning experiences and enhancing teaching practices. This nonprofit organization achieves this by working closely with community partners. They do this by funding programs that not only foster student learning but also promote student wellness and strengthen teacher excellence. The Norwalk Education Foundation grants funds for proposals that encourage collaboration among different grades, classes, and cultures, as well as partnerships with parents and the community. The organization's initiatives are designed to foster overall value and creativity, contributing to a holistic and engaging learning environment for students.

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Impact




August, 2024

Norwalk Education Foundation Inc's impact is seen in the support it provides for whole student learning experiences and the enrichment of teaching practices. By collaborating with community partners to fund programs that enhance student learning, promote student wellness, and strengthen teacher excellence, NEF plays a crucial role in advancing education in Norwalk, CT. Through the awarding of grants for proposals in all subject areas that foster overall value and creativity, collaboration among grades, classes, and cultures, as well as partnerships with parents and the community, Norwalk Education Foundation Inc is making a tangible difference in the educational landscape of the city.




This information is meant to be a general summary of Norwalk 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
$79,330 (2022)
Expenses
$33,326 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $51
  • Gross Receipts: $108,968

Assets and Liabilities:

  • Total Assets: $214,100
  • Total Liabilities: $1,039
  • Net Assets: $213,061

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Organization Details

Principal Officer

Roz Mccarthy

Main Address

125 EAST AVENUE THIRD FLOOR, NORWALK, CT, 06851

NTEE Category

Code: B80 - Education

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