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Franklin-Simpson Educational Coalition Inc

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

EIN: 202540047 ✦ Franklin, KY ✦ Designated as a 501(c)(3)

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Overview

What is Franklin-Simpson Educational Coalition Inc?

Franklin-Simpson Educational Coalition Inc is a nonprofit organization located at 238 Stephen Hill Road, Franklin, Kentucky. Their primary mission is to support the education programs for Franklin-Simpson Middle School by raising funds. This financial aid is utilized for various educational purposes, including teacher and student incentives, field trip transportation, technology purchases, education luncheons, and other projects approved by the Board of Education. By doing so, the coalition aims to improve the educational opportunities for middle school students and teachers in Simpson County, Kentucky.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating). The overall score for Franklin-Simpson Educational Coalition Inc is entirely derived from its Accountability & Finance metrics, indicating a focus on financial health and operational transparency. The organization demonstrates strong governance with a fully independent board and a perfect score for their material diversion of assets.

The coalition's fiscal practices are commendable, particularly its high program expense ratio of 99.94%, which suggests that nearly all funds are directed toward programmatic efforts. However, there are notable limitations, including the absence of a whistleblower policy and a document retention and destruction policy, which could impact overall governance practices.

Additionally, the lack of documented board meeting minutes may raise concerns about transparency in decision-making processes. While the organization shows strong performance in several areas, addressing these policy gaps could enhance its accountability and strengthen stakeholder trust.


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

Is Franklin-Simpson Educational Coalition Inc legitimate?

Franklin-Simpson Educational Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin-Simpson Educational Coalition 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 Franklin-Simpson Educational Coalition Inc?

The Franklin-Simpson Educational Coalition Inc is an organization that raises funds to enhance the educational experiences of students and teachers at the Franklin Simpson Middle School. Their mission is to provide essential resources such as technology, transportation, incentives, and supplies to improve the educational opportunities for these students. The coalition expends funds on various student-related costs, including teacher and student incentives, transportation for field trips, technology purchases, education luncheons, and other acceptable projects, as approved by the Board of Education. In essence, the coalition aims to foster a more enriching learning environment for the middle school students in Simpson County, Kentucky.

Who is the CEO of Franklin-Simpson Educational Coalition Inc?

Jill Kelly is the Chairman of Franklin-Simpson Educational Coalition Inc.

What is the revenue of Franklin-Simpson Educational Coalition Inc?

Franklin-Simpson Educational Coalition Inc's revenue in 2022 was $109,509.

Who are the executives of Franklin-Simpson Educational Coalition Inc and what are their salaries?


Here are 5 key members and their salaries:


Jill Hendricks (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Lowhorn (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Mcdougal (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Mcabee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Lowhorn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Franklin-Simpson Educational Coalition Inc?

Franklin-Simpson Educational Coalition Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Franklin-Simpson Educational Coalition Inc

Franklin-Simpson Educational Coalition Inc, a corporation, is committed to raising funds with the aim of enhancing the educational opportunities for students and teachers at the Franklin-Simpson Middle School. Their mission involves providing necessary resources such as technology, transportation, incentives, and supplies to better the learning environment. Through their efforts, they aim to reduce financial barriers that may hinder the quality of education for the students in Simpson County, Kentucky. The coalition expends funds on student-related costs, including teacher and student incentives, transportation for field trips, technology purchases, education luncheons, and various other projects, all of which are deemed acceptable by the Board of Education.

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Impact




October, 2024

Franklin-Simpson Educational Coalition Inc significantly enhances educational opportunities for middle school students and teachers in Simpson County, KY. Through targeted fundraising efforts, the organization supports various initiatives, including technology purchases, transportation for field trips, and incentives for both teachers and students. These expenditures directly contribute to a more enriching educational environment.

By funding educational luncheons and other projects approved by the Board of Education, the Coalition ensures that students have access to vital resources that promote learning and engagement. The focus on technology equips students with the necessary tools to thrive in a modern educational landscape, while transportation assistance enables experiential learning opportunities through field trips. Overall, the Coalition plays a crucial role in fostering a supportive and resource-rich educational atmosphere, ultimately benefiting the entire community and improving academic outcomes for the students at Franklin Simpson Middle School.




This information is meant to be a general summary of Franklin-Simpson Educational Coalition 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
$109,509 (2022)
Expenses
$159,713 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,014,949

Assets and Liabilities:

  • Total Assets: $308,140
  • Total Liabilities: $0
  • Net Assets: $308,140

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Organization Details

Founding Year

2017

Principal Officer

Jill Kelly

Main Address

238 STEPHENS HILL ROAD, FRANKLIN, KY, 42134

NTEE Category

Code: B99 - Education

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