Overview
What is Cedar Falls Schools Foundation?
The Cedar Falls Schools Foundation, situated in Cedar Falls, Iowa, serves as a nonprofit organization with a mission to improve the quality of education within the Cedar Falls Community School District. Established at 602 MAIN ST, this foundation raises funds to support, enhance, and expand opportunities throughout the district's schools. With a small workforce of two dedicated individuals, the Cedar Falls Schools Foundation strives to encourage educational advancements within the community.
Official website here: www.cfschools.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
The Cedar Falls Schools Foundation has received a solid Three-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. With an overall score of 85%, the organization demonstrates effective practices such as 100% independent board members and no reported material diversion of assets, which are crucial for maintaining donor trust and operational integrity.
Strengths of the foundation include a high program expense ratio of 78.94%, showing that the majority of its funds are dedicated to its mission-related activities. Additionally, the foundation maintains a favorable liabilities-to-assets ratio of only 0.01%, which reflects its sound financial management. The organization also adheres to proper governance practices, having documented policies regarding conflict of interest and document retention.
While the organization exhibits numerous strengths, there are no noted limitations or areas for improvement in the available data. Overall, the Cedar Falls Schools Foundation appears to be a reliable nonprofit, effectively utilizing resources to support its educational objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Cedar Falls Schools Foundation legitimate?
Cedar Falls Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Falls Schools 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,848
For more financial information, click here
Official website here: www.cfschools.org
What is the mission statement of Cedar Falls Schools Foundation?
The Cedar Falls Schools Foundation's mission is to support, enhance, and expand opportunities within the local community schools. They achieve this by raising funds, which are then utilized to encourage and promote the enhancement of the quality of education within the Cedar Falls Community School District. By doing so, they aim to contribute to the betterment of the educational experience for the students and community as a whole.
Official website here: www.cfschools.org
What is the revenue of Cedar Falls Schools Foundation?
Cedar Falls Schools Foundation's revenue in 2024 was $2,663,127.
Official website here: www.cfschools.org
Who are the executives of Cedar Falls Schools Foundation and what are their salaries?
The average compensation at Cedar Falls Schools Foundation during 2024 was $21,283. There are 3 employees and 50 volunteers at Cedar Falls Schools Foundation.
Here are 16 key members and their salaries:
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Official website here: www.cfschools.org
Where can I find the form 990 for Cedar Falls Schools Foundation?
Cedar Falls Schools Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cfschools.org
Learn more at the official website: www.cfschools.org
Mission Statement of Cedar Falls Schools Foundation
The Cedar Falls Schools Foundation is devoted to enhancing and expanding opportunities within the Cedar Falls Community Schools. Their mission, in essence, is to encourage and promote the improvement of the quality of education within the district by raising funds. This nonprofit organization works tirelessly to support and uplift the educational landscape, striving to make a positive impact on the learning experience for all students within the district.
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Impact
October, 2024
Cedar Falls Schools Foundation plays a crucial role in supporting, enhancing, and expanding educational opportunities within the Cedar Falls Community School District. By raising funds, the foundation encourages and promotes initiatives that improve the quality of education in the area. This vital support contributes to a richer educational experience for students, teachers, and the broader community, fostering an environment where learning can thrive. Through their efforts, the foundation ensures that schools have the resources they need to innovate and excel, ultimately benefiting the entire Cedar Falls community.
This information is meant to be a general summary of Cedar Falls Schools 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 2024.
- Investment Income: $298,258
- Gross Receipts: $3,234,987
Assets and Liabilities:
- Total Assets: $6,666,997
- Total Liabilities: $1,238
- Net Assets: $6,665,759
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Organization Details
Founding Year
2005
Principal Officer
Jessie Sorensen
Website
www.cfschools.orgNTEE Category
Code: B192 - Education
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