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Foundation For Impact On Literacy And Learning Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161650130 ✦ Huntington, NY ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Impact On Literacy And Learning Inc?

The Foundation for Impact on Literacy and Learning Inc., located in Huntington, New York, is a nonprofit organization dedicated to supporting schools and educational programs. They aim to promote literacy and learning by collaborating with educators and students, providing resources, curricula, project-based learning, and community service projects. One of their initiatives, the Lead4Change Student Leadership Program, combines leadership lessons and service learning, enabling students to enhance their skills in communication, literacy, research, and writing through addressing community needs.


Official website here: www.foundationforimpactliteracyandlearning.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating

The Foundation For Impact On Literacy And Learning Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 77% overall. This rating is derived solely from their Accountability & Finance metrics, indicating a strong emphasis on responsible financial management and transparency. The organization demonstrates a commendable commitment to maintaining an independent board, with 75% of members being independent, and has effectively managed its resources with a low liabilities to assets ratio of 2.92%.

Despite its strengths, the foundation has noted a couple of areas for improvement. Specifically, it lacks a whistleblower policy and a document retention and destruction policy, both of which are crucial for safeguarding organizational integrity and compliance. These omissions may raise concerns regarding internal governance, even though other aspects of accountability, such as conflict of interest policies and documentation practices, are well-handled.

Overall, while the Foundation For Impact On Literacy And Learning Inc shows competence in financial practices and transparency, addressing the noted deficiencies could enhance its governance framework and overall rating in the future.


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

Is Foundation For Impact On Literacy And Learning Inc legitimate?

Foundation For Impact On Literacy And Learning Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Impact On Literacy And Learning 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

For more financial information, click here


Official website here: www.foundationforimpactliteracyandlearning.org

What is the mission statement of Foundation For Impact On Literacy And Learning Inc?

The Foundation For Impact On Literacy And Learning Inc's mission is to support schools and educational programs, fostering literacy and learning. They achieve this by collaborating on initiatives to equip educators and students with necessary resources, curricula, project-based learning, and community service projects. The organization's activities also include a program called Lead4Change, which integrates leadership lessons and service learning into local community philanthropic efforts. This educational program combines a standards-based curriculum about leadership with project-based learning, enhancing students' skills in communication, literacy, research, and writing.


Official website here: www.foundationforimpactliteracyandlearning.org

Who is the CEO of Foundation For Impact On Literacy And Learning Inc?

Diane Barrett is the Board Chairman of Foundation For Impact On Literacy And Learning Inc.


Official website here: www.foundationforimpactliteracyandlearning.org

What is the revenue of Foundation For Impact On Literacy And Learning Inc?

Foundation For Impact On Literacy And Learning Inc's revenue in 2022 was $1,356,454.


Official website here: www.foundationforimpactliteracyandlearning.org

Who are the executives of Foundation For Impact On Literacy And Learning Inc and what are their salaries?


Here are 5 key members and their salaries:


Marcie Craig Post (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Schaufelberger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Akin Harrison (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Barrett (Executive Director)
  • Compensation: $102,000
  • Related: $0
  • Other: $0
Marybeth Pender (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundationforimpactliteracyandlearning.org

Where can I find the form 990 for Foundation For Impact On Literacy And Learning Inc?

Foundation For Impact On Literacy And Learning Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.foundationforimpactliteracyandlearning.org

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

Mission Statement of Foundation For Impact On Literacy And Learning Inc

The Foundation for Impact on Literacy and Learning Inc is committed to supporting schools and educational programs while promoting literacy and learning. To achieve this mission, the organization collaborates on efforts to provide educators and students with essential resources, curricula, project-based learning, and community service projects. By doing so, they aim to empower both educators and learners to excel in their academic pursuits and contribute positively to their communities.

In addition to their collaborative efforts, the Foundation for Impact on Literacy and Learning Inc has developed the Lead4Change program. This teacher-led educational program combines standards-based curriculum about leadership and project-based learning, challenging students to address community needs and develop essential skills such as communication, literacy, research, and writing. Through this program, the foundation encourages students to become active members of their communities, fostering a spirit of service and civic engagement.

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Impact




October, 2024

Foundation For Impact On Literacy And Learning Inc creates significant change in the educational landscape by enhancing literacy and learning opportunities for students and educators. By collaborating with schools and educational programs, it provides vital resources, innovative curricula, and project-based learning experiences.

One of its standout initiatives is the LEAD4CHANGE program, which merges leadership lessons with service learning, empowering students to engage in philanthropic efforts within their communities. This comprehensive, teacher-led program not only focuses on academics but also hones essential life skills such as communication, literacy, research, and writing through real-world challenges.

Through these efforts, the foundation fosters a culture of collaboration and learning, bridging gaps in education while nurturing future leaders who are equipped to identify and address community needs. The impact is profound, creating a ripple effect that enhances both individual student growth and the collective capacity of local educational institutions.




This information is meant to be a general summary of Foundation For Impact On Literacy And Learning 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
$1,356,454 (2022)
Expenses
$1,344,292 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,066
  • Gross Receipts: $1,356,454

Assets and Liabilities:

  • Total Assets: $1,438,148
  • Total Liabilities: $125,153
  • Net Assets: $1,312,995

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Organization Details

Founding Year

2002

Principal Officer

Diane Barrett

Main Address

14 CRESKILL PLACE, HUNTINGTON, NY, 11743

NTEE Category

Code: T30 - Philanthropy

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