Overview
What is Leon N Weiner Education Foundation?
The Leon N Weiner Education Foundation is a nonprofit organization situated in Wilmington, Delaware. Their primary purpose is to enhance educational opportunities for underprivileged children, primarily those residing in low-income housing communities. They achieve this by accepting donations and participating in low-income housing entities. The acquired funds are then utilized to provide after-school programs and life skills training for children spanning from elementary to high school ages. Furthermore, the foundation awards scholarships to underprivileged children, leveraging grants and qualified educational service providers to ensure the success of these initiatives.
Official website here: www.weinereducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Leon N Weiner Education Foundation has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The foundation's score indicates efficient management of resources and financial health, which supports its educational initiatives. The high percentage in program expense ratio shows that nearly 95% of expenses are dedicated to programs, meaning that a significant portion of funds raised is directly applied to their mission.
Strengths of the foundation include a fully independent board, comprehensive financial audits, and the presence of key policies such as conflict of interest and whistleblower protections. These elements highlight the organization's commitment to transparency and ethical governance. Additionally, the foundation has demonstrated prudent financial management, evidenced by a favorable liabilities to assets ratio.
While the organization shows strong financial practices, further insights into its program effectiveness and community impact would enhance overall evaluation. Nonetheless, the high accountability score indicates that the Leon N Weiner Education Foundation is managing its resources responsibly, which is a vital aspect for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Leon N Weiner Education Foundation legitimate?
Leon N Weiner Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leon N Weiner Education Foundation 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
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Other Salaries and Wages: $64,377
For more financial information, click here
Official website here: www.weinereducationfoundation.org
What is the mission statement of Leon N Weiner Education Foundation?
The Leon N Weiner Education Foundation's mission is centered around enhancing educational opportunities for underprivileged children. The organization accomplishes this by providing funding and services for after-school educational programs and projects. These initiatives, often led by qualified educational service providers, aim to benefit disadvantaged children. The foundation promotes these educational programs through various means, including donations and collaborations with low-income housing entities. The funds are then utilized to offer after-school and life skills programs for children living in these communities, ranging from elementary to high school age. Additionally, the foundation offers scholarships to underprivileged children, furthering their educational prospects.
Official website here: www.weinereducationfoundation.org
Who is the CEO of Leon N Weiner Education Foundation?
Marykate Kearney is the Chair of Leon N Weiner Education Foundation.
Official website here: www.weinereducationfoundation.org
What is the revenue of Leon N Weiner Education Foundation?
Leon N Weiner Education Foundation's revenue in 2022 was $924,244.
Official website here: www.weinereducationfoundation.org
Who are the executives of Leon N Weiner Education Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.weinereducationfoundation.org
Where can I find the form 990 for Leon N Weiner Education Foundation?
Leon N Weiner Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.weinereducationfoundation.org
Learn more at the official website: www.weinereducationfoundation.org
Mission Statement of Leon N Weiner Education Foundation
The Leon N Weiner Education Foundation is dedicated to advancing educational opportunities for underprivileged children. It achieves this mission by providing funding and services for after-school educational programs and projects. The organization collaborates with qualified educational service providers and low-income housing entities where these children reside. Utilizing these funds, the Foundation offers after-school and life skills programs to children ranging from elementary to high school age in these same communities. Furthermore, the Leon N Weiner Education Foundation awards scholarships to underprivileged children, enabling them to pursue their educational goals and improve their lives.
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Impact
August, 2024
The Leon N Weiner Education Foundation impacts underprivileged children by furthering educational opportunities through after-school and life skills programs, scholarships, and funding for educational projects. It provides services in low-income housing communities, benefiting elementary to high school-aged students.
This information is meant to be a general summary of Leon N Weiner Education Foundation. 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: $797,884
- Program Service Revenue: $69,422
- Gross Receipts: $944,393
Assets and Liabilities:
- Total Assets: $2,615,261
- Total Liabilities: $675,140
- Net Assets: $1,940,121
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL PROGRAMS
Revenue
$69,422
Organization Details
Founding Year
2004
Phone
(302) 761-7334Principal Officer
Marykate Kearney
Main Address
4 DENNY ROAD, WILMINGTON, DE, 19809
NTEE Category
Code: B82 - Education
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