Overview
What is New London Education Foundation?
The New London Education Foundation is a charitable organization situated in New London, Connecticut. Its primary objective is to foster collaborative relationships between the local community and the New London public school system. By doing so, the foundation aims to enhance the educational experience for students, promoting academic success and progress. The foundation also encourages initiatives that foster cultural understanding and awareness. Although the specifics of their activities are outlined in a separate schedule, the overall goal is to enrich public education and contribute to the overall development of students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The New London Education Foundation has received a Two-Star rating from Charity Navigator, indicating room for improvement in its overall performance. The rating is primarily based on its accountability and finance, where it achieved a solid score of 73%. This score reflects the charity's commitment to maintaining financial integrity and transparency.
The organization demonstrates strong governance, as evidenced by its 100% independent board members and a robust board size of seven independent members. Additionally, it shows no material diversion of assets and consistently documents board meeting minutes, which are positive indicators of its operational practices. The program expense ratio is also favorable, with nearly 94% of its expenses going directly to programs.
However, the overall score relies heavily on a single beacon score, which may limit a comprehensive understanding of the foundation's impact and effectiveness. While the financial health appears robust, potential donors and stakeholders may want to seek further information about the foundation's program outcomes and overall mission alignment.
This AI summary has been generated from information found on Charity Navigator.
Is New London Education Foundation legitimate?
New London Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New London 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.
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What is the mission statement of New London Education Foundation?
The New London Education Foundation's mission is centered around fostering collaborations between the community and local businesses with the public school system in New London. Their primary objective is to enhance educational experiences, boost academic achievements, and promote student-led initiatives. They also strive to foster cultural awareness and contribute to the overall improvement of the educational system. The foundation plays a role in encouraging these endeavors, without providing specific details about the location.
Who is the CEO of New London Education Foundation?
Valerie Tamano is the President of New London Education Foundation.
What is the revenue of New London Education Foundation?
New London Education Foundation's revenue in 2022 was $62,955.
Who are the executives of New London Education Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for New London Education Foundation?
New London Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New London Education Foundation
The New London Education Foundation's mission is centered around fostering collaborations between the community and local businesses with the New London public school system in Connecticut. This nonprofit organization strives to enhance the educational experience, promote academic growth, and boost student achievements. By cultivating these partnerships, the foundation aims to introduce new initiatives that foster cultural awareness and inspire student success. The ultimate goal is to enrich the overall educational environment, empowering students to reach their full potential.
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Impact
August, 2024
The New London Education Foundation's impact lies in its ability to facilitate community and business partnerships with the New London public school systems. Through these partnerships, the foundation works to enrich public education, encourage student academic attainment, increase student-achievement initiatives, promote cultural awareness, and support various programs that benefit the students in New London, Connecticut. The foundation's efforts contribute to strengthening the educational experiences of students and fostering a supportive environment for learning and growth within the community.
This information is meant to be a general summary of New London 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: $10,812
- Gross Receipts: $62,955
Assets and Liabilities:
- Total Assets: $621,162
- Total Liabilities: $0
- Net Assets: $621,162
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Organization Details
Founding Year
2008
Principal Officer
Valerie Tamano
Main Address
PO BOX 343, NEW LONDON, CT, 06320
NTEE Category
Code: B11 - Education
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