Overview
What is The South Bronx Educational Foundation Inc?
The South Bronx Educational Foundation Inc is a nonprofit organization situated in Saddle Brook, New Jersey. Their headquarters can be found at 79 Taggart Way. The primary mission of this organization is to promote the growth and development of young individuals, ultimately aiding them in leading prosperous lives. They achieve this by providing educational programs in a nurturing environment, fostering intellectual, cultural, and moral development. Their mission is geared towards nurturing young minds and preparing them for successful futures and strong family relationships.
Official website here: www.sbef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The South Bronx Educational Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a 97% score primarily based on its Accountability & Finance. This high score indicates strong management of financial resources, with a notable program expense ratio of 84.37%. This suggests that the majority of funds are directed towards the foundation's programs rather than administrative costs.
The organization stands out for its governance structure, featuring a fully independent board with 100% of its members being independent. This independence, along with the absence of any material diversion of assets, contributes to its strong accountability practices. Additionally, the presence of robust policies regarding conflicts of interest, whistleblower protection, and document retention further reinforce its commitment to transparency and ethical operations.
While the foundation demonstrates exceptional financial health and governance, specific programmatic outcomes or impacts were not detailed. This limitation highlights an area where further information might enhance understanding of the direct effects of its programs on the community it serves. Overall, the foundation's strong rating suggests it is a reliable organization dedicated to its mission in education.
This AI summary has been generated from information found on Charity Navigator.
Is The South Bronx Educational Foundation Inc legitimate?
The South Bronx Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The South Bronx Educational 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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Official website here: www.sbef.org
What is the mission statement of The South Bronx Educational Foundation Inc?
The South Bronx Educational Foundation's (SBEF's) mission is centered around nurturing the growth of young individuals. This is achieved through the provision of educational programs in a nurturing and motivating environment. The goal is to foster intellectual, cultural, and moral development in these young people, enabling them to lead productive lives and establish strong families. Regrettably, the organization has ceased operations and is currently undergoing the process of asset distribution according to its bylaws.
Official website here: www.sbef.org
What is the revenue of The South Bronx Educational Foundation Inc?
The South Bronx Educational Foundation Inc's revenue in 2023 was $358.
Official website here: www.sbef.org
Who are the executives of The South Bronx Educational Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.sbef.org
Where can I find the form 990 for The South Bronx Educational Foundation Inc?
The South Bronx Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sbef.org
Learn more at the official website: www.sbef.org
Mission Statement of The South Bronx Educational Foundation Inc
The South Bronx Educational Foundation (SBEF) is dedicated to nurturing the development of young individuals, aiming to equip them with the tools necessary to lead fulfilling lives. This nonprofit organization achieves its mission by providing a welcoming and nurturing environment that encourages intellectual, cultural, and moral growth in its youth. The ultimate goal is to help these young people build stable families and lead productive lives. Unfortunately, the South Bronx Educational Foundation has ceased operations and is currently undergoing the process of asset distribution according to its bylaws.
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Impact
August, 2024
The South Bronx Educational Foundation Inc has had a significant impact in fostering the development of young people by offering programs in a supportive and encouraging atmosphere that promote intellectual, cultural, and moral growth. Through its mission, the organization aimed to equip youth with the skills and values necessary to lead productive lives and build healthy families.
This information is meant to be a general summary of The South Bronx Educational 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 2023.
- Gross Receipts: $358
Assets and Liabilities:
- Total Assets: $849,321
- Total Liabilities: $0
- Net Assets: $849,321
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Organization Details
Founding Year
1988
Principal Officer
Edwin Dolores
Website
www.sbef.orgNTEE Category
Code: B90 - Education
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