Overview
What is Grambling High Foundation?
The Grambling High Foundation, also known as Lincoln Preparatory School, is a nonprofit organization dedicated to supporting Grambling Laboratory Schools, a State-funded public institution. Through successful completion of the charter application process, the Foundation now serves as the operator of this educational institution. Its primary role includes raising funds and providing financial assistance to ensure the school's continued success.
Official website here: www.lincolnprep.wildapricot.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Grambling High Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall operations. While the organization boasts a perfect score for Accountability & Finance, there are notable concerns regarding board independence, as none of the board members are independent. This lack of independent oversight may raise questions about governance and decision-making processes within the organization.
On the positive side, the foundation has demonstrated solid financial practices, including a high program expense ratio, indicating that a significant portion of its expenses is directed towards its programs. The foundation also has well-established policies for conflict of interest, whistleblower protection, and document retention, which reflects a commitment to transparency and accountability.
However, the foundation faces challenges with its liabilities to assets ratio, which is relatively high at 89.47%. Additionally, the absence of its tax form on the nonprofit's website is a limitation that detracts from its overall rating. Overall, while the foundation exhibits strengths in certain areas, addressing governance issues and improving financial transparency would be essential for enhancing its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Grambling High Foundation legitimate?
Grambling High Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grambling High 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: $107,518
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,768,139
For more financial information, click here
Official website here: www.lincolnprep.wildapricot.org/
What is the mission statement of Grambling High Foundation?
The Grambling High Foundation, operating as Lincoln Preparatory School, focuses on raising funds and offering financial support for the benefit of a State-funded public school. Having completed the state charter application process, the Foundation now manages the school's operations. Their mission is geared towards enhancing the educational experience of students by securing necessary resources and financial assistance for the school. The Foundation's dedication extends to ensuring the school thrives and meets the needs of its student body. Through their efforts, they aim to contribute to the overall success of the public education system.
Official website here: www.lincolnprep.wildapricot.org/
Who is the CEO of Grambling High Foundation?
Robert Wiley is the President of Grambling High Foundation.
Official website here: www.lincolnprep.wildapricot.org/
What is the revenue of Grambling High Foundation?
Grambling High Foundation's revenue in 2022 was $11,923,300.
Official website here: www.lincolnprep.wildapricot.org/
Who are the executives of Grambling High Foundation and what are their salaries?
The average compensation at Grambling High Foundation during 2022 was $31,254. There are 156 employees at Grambling High Foundation.
Here are 9 key members and their salaries:
- Compensation: $107,518
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Official website here: www.lincolnprep.wildapricot.org/
Where can I find the form 990 for Grambling High Foundation?
Grambling High Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lincolnprep.wildapricot.org/
Learn more at the official website: www.lincolnprep.wildapricot.org/
Mission Statement of Grambling High Foundation
The Grambling High Foundation, also known as Lincoln Preparatory School, is a nonprofit organization dedicated to raising funds and providing financial support for Grambling Laboratory Schools, a State-funded public institution. Having successfully completed the charter application process, the Foundation now oversees the operations of the school.
In essence, the Grambling High Foundation serves as a vital partner to Grambling Laboratory Schools, ensuring their financial well-being and enabling them to thrive. By providing essential resources, the Foundation empowers the public school to deliver quality education and create a nurturing learning environment for its students.
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Impact
October, 2024
The Grambling High Foundation significantly enhances educational opportunities in Grambling, Louisiana, by providing crucial fundraising and financial support to Grambling Laboratory Schools. Its successful completion of the state charter application process enables it to operate Lincoln Preparatory School, expanding access to quality education for students. As a key player in the local education landscape, the Foundation not only ensures that the state-funded public school system is well-resourced, but also fosters an environment where students can thrive academically. Through its efforts, the Grambling High Foundation helps to uplift the community by investing in the next generation and promoting educational success.
This information is meant to be a general summary of Grambling High 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: $19,864
- Program Service Revenue: $8,837,284
- Gross Receipts: $11,923,300
Assets and Liabilities:
- Total Assets: $36,491,619
- Total Liabilities: $33,663,507
- Net Assets: $2,828,112
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Minimum Foundation Progra
Revenue
$8,722,744
Student activities
Revenue
$114,540
Organization Details
Founding Year
2016
Principal Officer
Robert Wiley
Main Address
407 Central Avenue, Grambling, LA, 71245
NTEE Category
Code: B11 - Education
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