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West Lafayette Schools Education Foundation Inc

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

EIN: 203896778 ✦ West lafayette, IN ✦ Designated as a 501(c)(3)

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Overview

What is West Lafayette Schools Education Foundation Inc?

West Lafayette Schools Education Foundation Inc, located in West Lafayette, Indiana, is a nonprofit organization with a mission to enhance the quality of public education. This is achieved by recognizing and rewarding excellence in education, fostering community support for public schools, and encouraging innovative projects to improve learning. The foundation's activities are focused on providing funds for teacher education, capital programs, special programs, and scholarships for the West Lafayette School Corporation, in line with Indiana's nonprofit guidelines. By investing in education and supporting innovative projects, West Lafayette Schools Education Foundation Inc aims to contribute positively to the community's learning environment.


Official website here: www.wlsef.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 68%, Two-Star out of Four Star rating

The West Lafayette Schools Education Foundation Inc has received a 68% rating from Charity Navigator, indicating a Two-Star status. This rating reflects a solid organizational structure with 100% independent board members and no material diversion of assets, showcasing a commitment to governance and financial integrity.

Strengths of the foundation include a strong accountability and finance score, alongside a favorable liabilities to assets ratio of 0.00%, which suggests financial stability. They also maintain transparency by listing their website on their tax form and providing meeting minutes. However, the foundation has notable weaknesses, particularly the absence of a conflict of interest and whistleblower policy, which raises concerns about operational transparency and risk management.

The program expense ratio stands at 57.95%, indicating that just over half of the funds are allocated to program services, which may be lower than ideal for maximizing impact. Overall, while the foundation demonstrates solid governance practices, the lack of certain policies and the program expense allocation could benefit from further enhancement to improve its effectiveness and accountability.


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

What do the Facebook reviews say about West Lafayette Schools Education Foundation Inc?

100% of reviewers on Facebook recommend the West Lafayette Schools Education Foundation Inc. Here is a summary of their reviews:

Several patrons express their satisfaction with the foundation, highlighting their positive experiences, particularly regarding fundraising events. One reviewer specifically mentioned a memorable trip to Ireland facilitated through an auction, illustrating how participation not only contributed to the schools but also provided a rewarding personal experience for families involved.

The overall sentiment toward West Lafayette Schools Education Foundation is highly favorable, with supporters appreciating both the quality of the events organized and the impact their contributions have on local education. This reflects a strong community connection and commitment to enhancing the educational landscape.


This AI summary has been generated from reviews found on Facebook.

Is West Lafayette Schools Education Foundation Inc legitimate?

West Lafayette Schools Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Lafayette Schools Education 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: $65,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,201

For more financial information, click here


Official website here: www.wlsef.org

What is the mission statement of West Lafayette Schools Education Foundation Inc?

The West Lafayette Schools Education Foundation's mission is centered around providing financial support for various educational initiatives. This includes teacher education, capital programs, special programs, and scholarships within the West Lafayette School Corporation, as per the Indiana Code 2026-5-22-.5. The foundation's objectives are multifaceted, aiming to enhance the quality of public education, recognize and reward educational excellence, foster community support for public school education, and encourage and back innovative projects intended to enhance learning quality.


Official website here: www.wlsef.org

Who is the CEO of West Lafayette Schools Education Foundation Inc?

Douglas Masson is the President of West Lafayette Schools Education Foundation Inc.


Official website here: www.wlsef.org

What is the revenue of West Lafayette Schools Education Foundation Inc?

West Lafayette Schools Education Foundation Inc's revenue in 2022 was $481,229.


Official website here: www.wlsef.org

Who are the executives of West Lafayette Schools Education Foundation Inc and what are their salaries?

There 30 volunteers at West Lafayette Schools Education Foundation Inc.


Here are 15 key members and their salaries:


Douglas Masson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Cohen (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Lasater (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Whitman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Bangs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bauman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Finkbiner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Karpick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Macdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Schott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Greiner (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendi Ailor (Executive Di)
  • Compensation: $65,225
  • Related: $0
  • Other: $0


Official website here: www.wlsef.org

Where can I find the form 990 for West Lafayette Schools Education Foundation Inc?

West Lafayette Schools Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wlsef.org

Learn more at the official website: www.wlsef.org

Mission Statement of West Lafayette Schools Education Foundation Inc

West Lafayette Schools Education Foundation Inc is committed to its mission, as outlined by Indiana Code 2026-5-22-.5. This mission involves providing financial support for various educational initiatives within the West Lafayette School Corporation. More specifically, the foundation aims to fund teacher education, capital programs, special programs, and scholarships. By doing so, the West Lafayette Schools Education Foundation Inc seeks to enhance the quality of public education, recognize and reward excellence in education, foster community support for public school education, and encourage and support innovative projects designed to improve the quality of learning. In essence, the foundation's mission is to contribute to the overall betterment of educational opportunities and outcomes within their respective educational system.

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Impact




July, 2024

The West Lafayette Schools Education Foundation Inc provides funds for teacher education, capital programs, special programs, and scholarships for the West Lafayette School Corporation. Its goals are to enhance the quality of public education, recognize and reward excellence in education, foster community support for public school education, and encourage and support innovative projects designed to improve the quality of learning. Through these initiatives, the foundation has a direct impact on the education system in West Lafayette, Indiana, enabling the school district to offer enhanced educational opportunities and support to its students and teachers.




This information is meant to be a general summary of West Lafayette Schools Education 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.

Revenue
$481,229 (2022)
Expenses
$341,512 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $177,557
  • Gross Receipts: $1,366,186

Assets and Liabilities:

  • Total Assets: $2,670,426
  • Total Liabilities: $0
  • Net Assets: $2,670,426

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Organization Details

Founding Year

2005

Principal Officer

Douglas Masson

Main Address

1130 NORTH SALISBURY STREET, WEST LAFAYETTE, IN, 47906

NTEE Category

Code: B11 - Education

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