Overview
What is Barren County Educational Foundation Inc?
Barren County Educational Foundation Inc is a nonprofit organization situated in Glasgow, Kentucky, specifically at 202 West Washington Street, 42141. Their primary mission is to enhance and provide educational assistance to students within the Barren County School System, both past and present. Over the past year, they have contributed financially towards covering educational expenses for several individuals within this school system. The foundation's purpose is geared towards improving and fostering a better educational environment for the students under their care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 73%)
The Barren County Educational Foundation Inc has received a rating of "Needs Improvement" from Charity Navigator, reflecting a score of 73%. This rating indicates that while the organization demonstrates strong performance in areas such as accountability and finance, there are significant governance issues that detract from its overall evaluation.
Strengths of the foundation include a perfect accountability score of 100%, highlighting excellent management practices. The organization has an independent board with all members being independent, and it has successfully maintained a liability-to-asset ratio of 0.00%, indicating sound financial stability. Additionally, the program expense ratio is notably high at 97.42%, suggesting that the majority of funds are directed towards their programming efforts.
However, the organization faces considerable limitations due to missing essential policies and documentation. The absence of a conflict of interest policy, whistleblower policy, and a document retention policy raises concerns about governance and transparency. Furthermore, the tax form is not available on the nonprofit's website, which impacts its accountability score. These shortcomings indicate that while the foundation performs well in finance and program expenses, there is a critical need for enhanced governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Barren County Educational Foundation Inc legitimate?
Barren County Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barren County Educational 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 Barren County Educational Foundation Inc?
Barren County Educational Foundation Inc's mission is centered around improving and providing educational assistance to students within the Barren County School System, both past and present. The organization's primary goal is to enhance the educational experiences of these students. Throughout the past year, they have provided financial support for several individuals within the Barren County School System, furthering their education. The Foundation's activities aim to help students overcome potential educational challenges, thereby setting them up for future success.
Who is the CEO of Barren County Educational Foundation Inc?
Sarah Vincent is the Director of Barren County Educational Foundation Inc.
What is the revenue of Barren County Educational Foundation Inc?
Barren County Educational Foundation Inc's revenue in 2023 was $465,417.
Who are the executives of Barren County Educational Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Barren County Educational Foundation Inc?
Barren County Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Barren County Educational Foundation Inc
Barren County Educational Foundation Inc, as per its mission, is dedicated to enhancing and providing additional educational support to students within the Barren County School System, both past and present. The organization's primary goal is to contribute to the betterment of these students' educational journeys. Through its activities, the foundation aims to offer financial assistance and necessary resources to individuals within the Barren County School System, working towards their educational growth and success. Over the past year, the foundation has demonstrated its commitment by providing educational expenses and support to numerous students within the system.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Barren County Educational Foundation Inc has had a significant impact on the students within the Barren County school system. By providing educational expenses and support to individuals, the foundation has directly contributed to the betterment and further educational assistance of these students. This support has enabled students to access resources and opportunities that enhance their learning experiences and academic success. Through its efforts, the foundation plays a crucial role in fostering a more enriched educational environment for the students of Barren County.
This information is meant to be a general summary of Barren County Educational 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 2023.
- Investment Income: $47,847
- Gross Receipts: $487,275
Assets and Liabilities:
- Total Assets: $1,932,861
- Total Liabilities: $0
- Net Assets: $1,932,861
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2006
Phone
(270) 651-3787Principal Officer
Sarah Vincent
Main Address
202 WEST WASHINGTON STREET, GLASGOW, KY, 42141
NTEE Category
Code: B82 - Education
If you are a representative of Barren County Educational Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.