Overview
What is East Rockaway Education Foundation Inc?
East Rockaway Education Foundation Inc is a nonprofit organization, situated in East Rockaway, dedicated to supporting its local public schools. Their primary objective is to provide both financial and innovative assistance, aiming to enhance the educational experience for students. By supplementing the school budget, this foundation strives to bridge any financial gaps and enhance learning opportunities for the community's children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The East Rockaway Education Foundation Inc has received a low score of 53%, which indicates significant concerns regarding its accountability and financial practices. Notably, the organization has no independent board members, which raises questions about governance and oversight. While the foundation appears to manage its assets effectively, as indicated by a perfect score on material diversion of assets, it lacks essential transparency measures such as a conflict of interest policy and a whistleblower policy.
The foundation does demonstrate a strong commitment to its programs, with a program expense ratio of 91.08%, suggesting that the majority of its funds are directed toward its mission. However, the absence of a public website listed on its tax form and missing documentation practices detracts from its credibility. These limitations highlight the need for improvement in governance practices and transparency to build trust with donors and the community.
Overall, while the East Rockaway Education Foundation Inc shows promise in its programmatic spending, its lack of independent oversight and essential policies poses challenges that could affect its long-term effectiveness and reputation. Addressing these issues is critical for enhancing its accountability and fostering greater confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is East Rockaway Education Foundation Inc legitimate?
East Rockaway Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Rockaway 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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What is the mission statement of East Rockaway Education Foundation Inc?
The East Rockaway Education Foundation Inc's primary mission is centered around offering financial and innovative assistance to East Rockaway's public schools. Their goal is to enhance the school budget, thereby aiding students in their learning journey. The organization's activities are geared towards providing additional support to the educational institution, aiming to enhance the educational experience for the students. By supplementing the school budget, the Foundation aims to facilitate various educational needs and opportunities for the students.
Who is the CEO of East Rockaway Education Foundation Inc?
Kristin Ochtera is the Treasurer of East Rockaway Education Foundation Inc.
What is the revenue of East Rockaway Education Foundation Inc?
East Rockaway Education Foundation Inc's revenue in 2022 was $25,002.
Who are the executives of East Rockaway Education Foundation Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for East Rockaway Education Foundation Inc?
East Rockaway Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of East Rockaway Education Foundation Inc
East Rockaway Education Foundation Inc is dedicated to providing both financial and creative support to East Rockaway Public Schools. Their primary mission is to augment the school budget, aiming to enhance the learning experience for students. By supplementing the school budget, this nonprofit organization seeks to supplement the resources available to the students, thereby aiding in their overall educational development.
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Impact
August, 2024
East Rockaway Education Foundation Inc's impact is significant in providing essential financial and creative support to East Rockaway public schools. By supplementing the school budget, the organization plays a crucial role in enhancing educational opportunities for students in the community. Their dedicated efforts contribute to enriching the learning experience and ultimately benefiting the academic success of students in East Rockaway.
This information is meant to be a general summary of East Rockaway 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: $3
- Gross Receipts: $25,002
Assets and Liabilities:
- Total Assets: $26,574
- Total Liabilities: $0
- Net Assets: $26,574
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Organization Details
Founding Year
1998
Phone
(516) 364-5050Principal Officer
Kristin Ochtera
Main Address
PO BOX 230, EAST ROCKAWAY, NY, 11518
NTEE Category
Code: B90 - Education
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