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South Burlington Schools Foundation For Educational Advancement Inc

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

EIN: 200923381 ✦ South burlington, VT ✦ Designated as a 501(c)(3)

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Overview

What is South Burlington Schools Foundation For Educational Advancement Inc?

The South Burlington Schools Foundation for Educational Advancement Inc is a nonprofit organization with a mission to enhance the educational experience of students in the district. They accomplish this by raising funds to financially support the district's programs and initiatives, including facility improvements. Their goal is to equip each student with the necessary knowledge, skills, and character to lead successful and responsible lives. The foundation's activities are focused on promoting academic growth and fostering a well-rounded education for the community's youth.


Official website here: www.sbschools.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star Rating). This rating indicates that the South Burlington Schools Foundation For Educational Advancement Inc has a solid performance in terms of accountability and finance, with all aspects of the score derived from the accountability beacon alone. The charity has an excellent score of 100% for its independent board member composition and no material diversion of assets.

However, there are notable limitations within the organization's policies. The foundation lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which resulted in lower scores in these areas. While the organization demonstrates a commitment to financial integrity, the absence of these governance policies may raise concerns about transparency and the overall effectiveness of its operations.

Overall, while the South Burlington Schools Foundation is performing well financially, prospective donors and stakeholders may want to consider the implications of the missing governance policies in their decision-making processes. Addressing these gaps could further enhance the foundation's credibility and operational effectiveness.


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

Is South Burlington Schools Foundation For Educational Advancement Inc legitimate?

South Burlington Schools Foundation For Educational Advancement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Burlington Schools Foundation For Educational Advancement 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.sbschools.net

What is the mission statement of South Burlington Schools Foundation For Educational Advancement Inc?

The South Burlington Schools Foundation for Educational Advancement's mission is centered around supporting the local school district. Their objective is to help each student acquire the necessary knowledge, skills, and character to lead a successful and responsible life. They achieve this by raising funds, which in turn, financially backs the district's programs and initiatives. The foundation's role also extends to installing and enhancing facilities within the educational system.


Official website here: www.sbschools.net

Who is the CEO of South Burlington Schools Foundation For Educational Advancement Inc?

Patrick Burke is the Executive Di of South Burlington Schools Foundation For Educational Advancement Inc.


Official website here: www.sbschools.net

What is the revenue of South Burlington Schools Foundation For Educational Advancement Inc?

South Burlington Schools Foundation For Educational Advancement Inc's revenue in 2022 was $111,243.


Official website here: www.sbschools.net

Who are the executives of South Burlington Schools Foundation For Educational Advancement Inc and what are their salaries?

There 4 volunteers at South Burlington Schools Foundation For Educational Advancement Inc.


Here are 3 key members and their salaries:


Joanne Abate (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Burke (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Violet Nichols (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sbschools.net

Where can I find the form 990 for South Burlington Schools Foundation For Educational Advancement Inc?

South Burlington Schools Foundation For Educational Advancement Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sbschools.net

Learn more at the official website: www.sbschools.net

Mission Statement of South Burlington Schools Foundation For Educational Advancement Inc

The South Burlington Schools Foundation for Educational Advancement's mission is centered around supporting the local school district's efforts to equip each student with the necessary knowledge, skills, and character to lead a successful and responsible life. To achieve this goal, the foundation raises funds to financially bolster the district's programs and initiatives. Their work extends to the improvement and enhancement of the school's facilities as well. By providing financial backing, the foundation plays a crucial role in enhancing the educational experience and overall development of students in the district.

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Impact




October, 2024

The South Burlington Schools Foundation for Educational Advancement plays a vital role in enhancing the educational landscape for students within the South Burlington School District. By raising funds, it directly supports programs and initiatives that are crucial for fostering students' knowledge, skills, and character. This financial assistance allows the district to implement and improve various educational opportunities, ensuring that each student is well-equipped for a responsible and successful future.

Additionally, the foundation contributes to the installation and enhancement of facilities, creating a conducive learning environment. Its commitment to nurturing the holistic development of students not only benefits the individual learners but also strengthens the community by promoting responsible citizenship and lifelong skills. Through these efforts, the foundation significantly impacts the overall quality of education and student achievement in South Burlington.




This information is meant to be a general summary of South Burlington Schools Foundation For Educational Advancement 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
$111,243 (2022)
Expenses
$60,126 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22,955
  • Gross Receipts: $199,607

Assets and Liabilities:

  • Total Assets: $798,310
  • Total Liabilities: $0
  • Net Assets: $798,310

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Organization Details

Founding Year

2004

Principal Officer

Patrick Burke

Main Address

550 DORSET STREET, SOUTH BURLINGTON, VT, 05403

NTEE Category

Code: B112 - Education

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