Overview
What is Elkhart Lake-Glenbeulah Education Foundation Inc?
Elkhart Lake-Glenbeulah Education Foundation Inc is a nonprofit organization located at 201 North Lincoln, Elkhart Lake, Wisconsin 53020. Their primary mission is to enhance educational opportunities within the Elkhart Lake-Glenbeulah School District. This is achieved through grant funding, aiming to improve school facilities and procure supplies that positively impact the learning experience of its students. The foundation's activities are centered around promoting educational growth and development within the district.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68% (Two-Star out of Four Star rating)
The Elkhart Lake-Glenbeulah Education Foundation Inc holds a Two-Star rating from Charity Navigator, indicating some areas of concern regarding its overall accountability and finance practices. The foundation's score is primarily based on its accountability and financial management, which received a score of 68 out of 100. This rating suggests that while the organization demonstrates some strengths, there are opportunities for improvement in its financial practices.
The foundation has shown notable strengths in governance and operational transparency. It has achieved a perfect score for having a majority of independent board members, with 100% of its board being independent, and has not reported any material asset diversion. Additionally, the foundation documents its board meeting minutes, contributing to its overall governance quality.
Despite these strengths, the foundation's program expense ratio is 66.33%, which is solid but leaves room for improvement compared to the highest standards in the nonprofit sector. This indicates that a portion of its expenses may not be directed towards its primary programs. Overall, while the foundation has established a reliable governance framework, stakeholders should be aware of its financial management practices and consider areas for further enhancement.
This AI summary has been generated from information found on Charity Navigator.
Is Elkhart Lake-Glenbeulah Education Foundation Inc legitimate?
Elkhart Lake-Glenbeulah Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elkhart Lake-Glenbeulah 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.
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
What is the mission statement of Elkhart Lake-Glenbeulah Education Foundation Inc?
The Elkhart Lake-Glenbeulah Education Foundation Inc's mission is centered around enhancing educational opportunities within its associated school district. This non-profit organization strives to improve education facilities and procure necessary supplies to enrich the learning experience of students. By doing so, they aim to contribute positively to the educational journey of the students, ultimately fostering a more enriched learning environment.
Who is the CEO of Elkhart Lake-Glenbeulah Education Foundation Inc?
Michael Shields is the Vice Pres of Elkhart Lake-Glenbeulah Education Foundation Inc.
What is the revenue of Elkhart Lake-Glenbeulah Education Foundation Inc?
Elkhart Lake-Glenbeulah Education Foundation Inc's revenue in 2022 was $158,404.
Who are the executives of Elkhart Lake-Glenbeulah Education Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Elkhart Lake-Glenbeulah Education Foundation Inc?
Elkhart Lake-Glenbeulah Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Elkhart Lake-Glenbeulah Education Foundation Inc
Elkhart Lake-Glenbeulah Education Foundation Inc is committed to enhancing educational opportunities within the Elkhart Lake-Glenbeulah School District. Their mission is to improve educational facilities and procure necessary supplies to enhance the learning experience of students in this district. By doing so, they aim to contribute positively to the academic growth and development of the students, ultimately fostering a conducive learning environment.
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Impact
October, 2024
Elkhart Lake-Glenbeulah Education Foundation Inc significantly enhances educational opportunities within the Elkhart Lake-Glenbeulah School District. It achieves this by providing grants aimed at improving educational facilities and acquiring essential supplies that enrich the learning experience for students. This support fosters an engaging and resourceful environment, enabling educators to innovate and students to thrive academically. By investing in the local education system, the foundation positively impacts the community and contributes to the overall development of young minds, preparing them for future challenges and successes.
This information is meant to be a general summary of Elkhart Lake-Glenbeulah 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: $3,273
- Gross Receipts: $158,404
Assets and Liabilities:
- Total Assets: $253,452
- Total Liabilities: $0
- Net Assets: $253,452
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Organization Details
Phone
(920) 876-3381Principal Officer
Michael Shields
Main Address
201 NORTH LINCOLN, ELKHART LAKE, WI, 53020
NTEE Category
Code: B11 - Education
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