Overview
What is Friends Of St Theresa School Fosts?
Friends of St. Theresa School Fosts is a nonprofit organization situated in Ashburn, Virginia. Their primary mission is to support St. Theresa School, providing financial aid to students in need, enabling them to continue their education. They fundraise for this cause through events such as golf tournaments and the sale of White House ornaments. The organization's overall goal is to contribute to the provision of high-quality education for students in the first through eighth grade at St. Theresa School in Ashburn, Virginia.
Official website here: www.sainttheresaparish.com/activity/friends-of-st-theresa-school-fosts/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% - Three-Star out of Four Star rating
Friends Of St Theresa School Fosts has received a respectable Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The organization excels in several areas, particularly in having a fully independent board and a strong program expense ratio, which suggests that the majority of its funds are allocated directly to its programs.
However, the charity faces some significant limitations. Notably, it lacks key governance policies, including conflict of interest and whistleblower policies, which could be critical in ensuring transparency and ethical practices within the organization. Despite these shortcomings, the charity's low liabilities to assets ratio and effective management of its resources are positive indicators of its financial health.
Overall, while Friends Of St Theresa School Fosts demonstrates strong financial stewardship and program commitment, the absence of important governance policies raises questions about its operational transparency and accountability. Prospective donors may want to consider these factors when evaluating their support.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of St Theresa School Fosts legitimate?
Friends Of St Theresa School Fosts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of St Theresa School Fosts 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sainttheresaparish.com/activity/friends-of-st-theresa-school-fosts/
What is the mission statement of Friends Of St Theresa School Fosts?
The mission of Friends Of St Theresa School Fosts is centered around supporting a high-quality educational experience. Their primary goal is to aid a school, specifically for students in the First through Eight grade, by providing necessary financial assistance. They achieve this mission through various means, such as organizing a golf tournament and selling White House ornaments, with the proceeds being used to subsidize tuition for students in need. Ultimately, Friends Of St Theresa School Fosts aims to ensure that every student has the opportunity to benefit from a first-rate education, regardless of their financial circumstances.
Official website here: www.sainttheresaparish.com/activity/friends-of-st-theresa-school-fosts/
Who is the CEO of Friends Of St Theresa School Fosts?
Erin O'Malley is the President of Friends Of St Theresa School Fosts.
Official website here: www.sainttheresaparish.com/activity/friends-of-st-theresa-school-fosts/
What is the revenue of Friends Of St Theresa School Fosts?
Friends Of St Theresa School Fosts's revenue in 2023 was $67,538.
Official website here: www.sainttheresaparish.com/activity/friends-of-st-theresa-school-fosts/
Who are the executives of Friends Of St Theresa School Fosts and what are their salaries?
There 30 volunteers at Friends Of St Theresa School Fosts.
Here are 7 key members and their salaries:
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Official website here: www.sainttheresaparish.com/activity/friends-of-st-theresa-school-fosts/
Where can I find the form 990 for Friends Of St Theresa School Fosts?
Friends Of St Theresa School Fosts's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sainttheresaparish.com/activity/friends-of-st-theresa-school-fosts/
Learn more at the official website: www.sainttheresaparish.com/activity/friends-of-st-theresa-school-fosts/
Mission Statement of Friends Of St Theresa School Fosts
Friends of St. Theresa School Fosts is an organization dedicated to supporting St. Theresa School in delivering top-notch education to students in the First through Eight grade range. Their mission is to aid the school in ensuring that financially struggling students can continue their studies at St. Theresa School. They accomplish this by raising funds through various means, such as hosting a golf tournament and selling White House ornaments. By doing so, Friends of St. Theresa School Fosts contributes to the school's ability to provide a high-quality education to all its students, regardless of their financial background.
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Impact
October, 2024
Friends Of St Theresa School Fosts significantly enhances educational opportunities for students in First through Eighth grade at St Theresa School in Ashburn, Virginia. By providing tuition assistance to families in need, the organization ensures that financial barriers do not prevent worthy students from accessing quality education. This support fosters a diverse learning environment and helps students remain in a school that aligns with their values and educational goals.
The organization raises funds through initiatives like golf tournaments and the sale of White House ornaments, showcasing a commitment to community engagement and resourcefulness. These efforts directly contribute to the school’s mission of delivering high-quality education, enabling students to thrive academically and socially.
By alleviating financial stress for families, Friends Of St Theresa School Fosts plays a crucial role in making quality education accessible, ultimately shaping the future of the students it serves and strengthening the educational landscape in Ashburn.
This information is meant to be a general summary of Friends Of St Theresa School Fosts. 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 2023.
- Gross Receipts: $100,447
Assets and Liabilities:
- Total Assets: $16,934
- Total Liabilities: $0
- Net Assets: $16,934
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Organization Details
Founding Year
2006
Phone
(703) 729-2287Principal Officer
Erin O'Malley
Main Address
21370 St Theresa Lane, Ashburn, VA, 20147
NTEE Category
Code: B82 - Education
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