Overview
What is United Federation Of Teachers Educational Foundation Inc?
The United Federation Of Teachers Educational Foundation Inc is a nonprofit organization committed to initiating, conducting, and sponsoring programs in the educational field. Their primary mission involves launching initiatives, executing programs, and providing sponsorships to enhance educational experiences.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 50%, One-Star out of Four Star rating.
The United Federation of Teachers Educational Foundation Inc received a low rating of 50% from Charity Navigator, indicating concerns about its accountability and financial practices. Key issues include a complete lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections. The financial statements are audited, but significant concerns remain regarding governance and transparency.
Despite its weaknesses in board independence and policy adherence, the organization shows a high program expense ratio of 99.84%, suggesting that it allocates a substantial portion of its resources to its programs. However, the liabilities to assets ratio is alarmingly high at 106.45%, raising questions about the organization's financial stability.
Furthermore, the salaries of key personnel are notably high, with the President earning over $327,000. The absence of a website listed on the tax form and missing financial documentation on its website contribute to the foundation's overall lack of transparency, impacting its credibility and trust among potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is United Federation Of Teachers Educational Foundation Inc legitimate?
United Federation Of Teachers Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Federation Of Teachers 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of United Federation Of Teachers Educational Foundation Inc?
The United Federation of Teachers Educational Foundation Inc is dedicated to launching and supporting initiatives in the realm of education. The organization's primary focus is to design and execute programs in educational fields and related areas. The Foundation's ultimate goal is to make a positive impact on education and related industries through its various projects. It is committed to investing time and resources in educational programs and related fields to foster growth and improvement. The Foundation's efforts aim to inspire change, promote learning, and enhance the overall educational experience for individuals. Its initiatives cover a wide range of topics and areas within the realm of education and related fields.
Who is the CEO of United Federation Of Teachers Educational Foundation Inc?
Debra Penny is the Former Director of United Federation Of Teachers Educational Foundation Inc.
What is the revenue of United Federation Of Teachers Educational Foundation Inc?
United Federation Of Teachers Educational Foundation Inc's revenue in 2022 was $23,081,612.
Who are the executives of United Federation Of Teachers Educational Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $54,762
- Other: $0
- Compensation: $0
- Related: $703
- Other: $0
- Compensation: $0
- Related: $341,368
- Other: $58,691
- Compensation: $0
- Related: $101,057
- Other: $23,309
- Compensation: $0
- Related: $235,497
- Other: $51,855
Where can I find the form 990 for United Federation Of Teachers Educational Foundation Inc?
United Federation Of Teachers Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of United Federation Of Teachers Educational Foundation Inc
The United Federation of Teachers Educational Foundation, a notable nonprofit organization, is committed to launching, managing, and supporting initiatives in the realm of education and related fields. Established with a clear mission, the Foundation dedicates its efforts to advancing educational programs and projects.
By initiating, conducting, and sponsoring educational programs, the United Federation of Teachers Educational Foundation plays a pivotal role in the education sector. Its primary goal is to foster growth and development through various projects. The organization's tireless dedication to this cause stems from its steadfast belief in the transformative power of education.
In action, the United Federation of Teachers Educational Foundation designs and implements educational programs tailored to diverse learning needs. Through these initiatives, the organization aims to make a tangible difference in the lives of learners, ultimately contributing to a more knowledgeable and skilled society.
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Impact
October, 2024
The United Federation of Teachers Educational Foundation Inc plays a significant role in enhancing educational opportunities and supporting the teaching profession. By initiating, conducting, and sponsoring programs in various educational and related fields, the Foundation directly contributes to improving the quality of education. Its initiatives focus on providing resources and support for educators, which in turn fosters a better learning environment for students.
Through its programs, the Foundation addresses critical educational issues, promotes innovative teaching practices, and supports professional development for teachers. By engaging with the education community in New York, the Foundation helps to equip educators with the tools and knowledge necessary to succeed in their roles, thereby positively affecting student outcomes and overall educational standards.
In essence, the Foundation’s impact is felt through its commitment to educational excellence and its strategic efforts to uplift both educators and students in a dynamic learning ecosystem.
This information is meant to be a general summary of United Federation Of Teachers 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 2022.
- Investment Income: $693
- Gross Receipts: $23,081,612
Assets and Liabilities:
- Total Assets: $24,151,414
- Total Liabilities: $26,229,975
- Net Assets: -$2,078,561
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Organization Details
Founding Year
1970
Phone
(212) 777-7500Principal Officer
Debra Penny
Main Address
52 BROADWAY, NEW YORK, NY, 10004
NTEE Category
Code: B82 - Education
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