Overview
What is Eastside Christian School Foundatio?
The Eastside Christian School Foundation, based in Grand Rapids, Michigan, is a nonprofit organization established to ensure the continuity and affordability of Christian education. Recognizing the escalating cost of education, the foundation aims to accumulate endowment funds for long-term growth. The earnings from these investments are utilized to enhance the educational experience at Eastside Christian School and subsidize tuition fees for families, thereby making quality education more accessible.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating. This rating indicates that Eastside Christian School Foundation is performing at a commendable level in terms of accountability and finance. The score is solely derived from the Accountability & Finance beacon, reflecting a strong commitment to transparency and effective management of funds.
The foundation has achieved notable strengths, including having a fully independent board with all ten members demonstrating a commitment to governance. The organization has also maintained a perfect score in various financial aspects, such as a 0% liabilities to assets ratio and an impressive program expense ratio of 97.27%, which suggests that a significant portion of funds is directed toward its programs rather than administrative costs.
Despite its strengths, the rating does not encompass other crucial aspects such as program impact or community feedback, which can provide a more holistic view of the foundation's effectiveness. Overall, the Eastside Christian School Foundation showcases a strong adherence to fiscal responsibility and governance, making it a potentially reliable nonprofit in its area of focus.
This AI summary has been generated from information found on Charity Navigator.
Is Eastside Christian School Foundatio legitimate?
Eastside Christian School Foundatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastside Christian School Foundatio 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 Eastside Christian School Foundatio?
The Eastside Christian School Foundation was established to address the need for long-term financial support for the school, recognizing the rising cost of education. Their primary objective is to accumulate endowment funds, which are then invested for long-term growth. The earnings from this fund are utilized to enhance the educational experience at the school and also work towards reducing tuition costs for the families. The foundation's mission is to ensure that quality education remains accessible and affordable for future generations.
Who is the CEO of Eastside Christian School Foundatio?
Tom Flikkema is the Director of Eastside Christian School Foundatio.
What is the revenue of Eastside Christian School Foundatio?
Eastside Christian School Foundatio's revenue in 2023 was $92,698.
Who are the executives of Eastside Christian School Foundatio and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Eastside Christian School Foundatio?
Eastside Christian School Foundatio's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Eastside Christian School Foundatio
The Eastside Christian School Foundation was established in response to the growing need for long-term financial support for the school. Recognizing the increasing cost of education, the foundation aims to ensure that the high-quality education offered at Eastside Christian School remains accessible and affordable for future generations. The primary objective of the foundation is to accumulate endowment funds, which are then invested for long-term growth. The earnings derived from these investments are utilized in two ways: firstly, to enhance the educational experience provided at the school, and secondly, to reduce the tuition fees for the families enrolled in the institution. By doing so, the Eastside Christian School Foundation contributes to the sustainability and affordability of the education offered at Eastside Christian School.
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Impact
October, 2024
Eastside Christian School Foundation plays a crucial role in ensuring that quality Christian education remains accessible and affordable for future generations. In response to the rising costs of education, the foundation focuses on building long-term financial support for Eastside Christian School by accumulating endowment funds. These funds are strategically invested for sustained growth, with the earnings directly enhancing the educational experience at Eastside. Additionally, the foundation's efforts help alleviate tuition costs, making it possible for more families to benefit from a Christian educational environment. Ultimately, the foundation's impact is felt in the continuous improvement of educational resources and the commitment to affordable education for all families involved.
This information is meant to be a general summary of Eastside Christian School Foundatio. 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: $87,698
- Gross Receipts: $142,439
Assets and Liabilities:
- Total Assets: $419,682
- Total Liabilities: $0
- Net Assets: $419,682
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Organization Details
Founding Year
2004
Phone
(616) 942-2939Principal Officer
Tom Flikkema
Main Address
2792 MICHIGAN ST NE, GRAND RAPIDS, MI, 49506
NTEE Category
Code: B112 - Education
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