Overview
What is Foundation For Rocky Ford Schools?
The Foundation For Rocky Ford Schools is a nonprofit organization, headquartered at 601 S 8th Street, Rocky Ford, Colorado. Its primary mission is to financially support the Rocky Ford School District, ensuring its educational curriculum and programs receive adequate funding. To achieve this goal, the foundation manages its assets cautiously, aiming to minimize risk while maximizing returns. The organization's objective is to contribute positively to the development and education of the community's children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Foundation For Rocky Ford Schools has received an 83% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This score is derived entirely from its accountability and finance metrics, indicating a solid commitment to financial integrity and transparency. The organization scored particularly well in areas such as independent board members and financial health, showing a robust governance structure with no material diversion of assets.
However, there are some areas for improvement. The foundation is missing key policies, specifically a whistleblower policy and a document retention and destruction policy, which have impacted its overall score in accountability. Despite these gaps, the organization maintains a high program expense ratio of 93.93%, suggesting that a significant portion of its funds are directed toward its programs rather than administrative costs.
Overall, while the Foundation For Rocky Ford Schools demonstrates strong financial accountability, addressing the missing policies could further enhance its governance and transparency, making it an even more reliable choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Rocky Ford Schools legitimate?
Foundation For Rocky Ford Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Rocky Ford Schools 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 Foundation For Rocky Ford Schools?
The Foundation For Rocky Ford Schools' mission is centered around providing financial aid for the educational curriculum and programs of the Rocky Ford School District. This mission is carried out by strategically investing the foundation's assets to maintain financial stability and ensure optimal returns, thereby maximizing the support provided to the educational sector. By doing so, the foundation strives to contribute positively to the educational growth and development of the students within the district.
Who is the CEO of Foundation For Rocky Ford Schools?
Alan Frantz is the Chairman of Foundation For Rocky Ford Schools.
What is the revenue of Foundation For Rocky Ford Schools?
Foundation For Rocky Ford Schools's revenue in 2023 was $33,076.
Who are the executives of Foundation For Rocky Ford Schools and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Compensation: $0
- Related: $113,378
- Other: $0
Where can I find the form 990 for Foundation For Rocky Ford Schools?
Foundation For Rocky Ford Schools's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Foundation For Rocky Ford Schools
The Foundation For Rocky Ford Schools is committed to supporting the educational endeavors of the Rocky Ford School District. With a mission to provide financial assistance, this nonprofit organization invests its assets in a strategic manner, aiming to minimize risk and maximize returns. This financial backing is crucial in facilitating the educational curriculum and programs within the school district, ultimately contributing to the overall development and success of its students.
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Impact
August, 2024
Foundation For Rocky Ford Schools plays a vital role in providing essential financial support for the educational curriculum and programs of the Rocky Ford School District in Colorado. By investing its assets responsibly, the foundation aims to enhance the district's resources while limiting risks and maximizing returns. This support directly impacts the educational opportunities available to students within the district, ultimately contributing to their academic success and overall development. The foundation's commitment to education is evident through its mission to ensure ongoing financial support for the programs and curriculum offered by the Rocky Ford School District.
This information is meant to be a general summary of Foundation For Rocky Ford Schools. 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.
- Investment Income: $31,753
- Gross Receipts: $33,076
Assets and Liabilities:
- Total Assets: $1,488,853
- Total Liabilities: $0
- Net Assets: $1,488,853
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Organization Details
Founding Year
2004
Phone
(719) 254-7423Principal Officer
Alan Frantz
Main Address
601 S 8TH ST, ROCKY FORD, CO, 810672013
NTEE Category
Code: B112 - Education
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