Overview
What is Payton Alumni Community & Endowment?
Payton Alumni Community & Endowment is a nonprofit organization situated in Chicago, Illinois. Their primary mission is to raise and distribute funds to benefit Walter Payton College Prep High School. Through their activities, they aim to contribute positively to the educational institution, likely by supporting various initiatives, scholarships, and projects. The organization's work is instrumental in enriching the educational experience and opportunities for students at Walter Payton College Prep High School.
Official website here: www.paytonalumni.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
The Payton Alumni Community & Endowment has received a low overall rating due to its performance in accountability and finance. While the organization scores well in areas such as having a majority independent board members and no material diversion of assets, it suffers significantly from missing key policies regarding conflict of interest, whistleblower protection, and document retention. These omissions have severely impacted its score, leading to a lack of trust in its governance practices.
Despite some strengths, such as transparency in board meeting minutes and a solid liabilities to assets ratio, the nonprofit's program expense ratio of 38.39% indicates that a substantial portion of its resources may not be directed toward its programs. This raises questions about the effectiveness of its operations and the potential for improvement in financial management and program implementation.
Given these factors, potential donors and stakeholders may want to consider these limitations carefully when assessing the organization’s reliability and overall impact within the community it serves. The absence of critical policies and low program expenditure ratio suggests that significant improvements are necessary for the Payton Alumni Community & Endowment to enhance its standing and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Payton Alumni Community & Endowment legitimate?
Payton Alumni Community & Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Payton Alumni Community & Endowment 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:
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Official website here: www.paytonalumni.com
What is the mission statement of Payton Alumni Community & Endowment?
The Payton Alumni Community & Endowment's mission is centered around raising and distributing funds. This mission is primarily aimed at benefiting Walter Payton College Prep High School. The organization's activities are geared towards supporting the educational institution, contributing to its development and well-being. By raising funds, they aim to provide resources that can enhance the educational experience for the school's students. The distribution of these funds is a crucial part of their mission, ensuring that the benefits of these resources are realized within the school community.
Official website here: www.paytonalumni.com
What is the revenue of Payton Alumni Community & Endowment?
Payton Alumni Community & Endowment's revenue in 2023 was $76,223.
Official website here: www.paytonalumni.com
Who are the executives of Payton Alumni Community & Endowment and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.paytonalumni.com
Where can I find the form 990 for Payton Alumni Community & Endowment?
Payton Alumni Community & Endowment's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.paytonalumni.com
Learn more at the official website: www.paytonalumni.com
Mission Statement of Payton Alumni Community & Endowment
The Payton Alumni Community & Endowment is a dedicated organization with a mission to raise and distribute funds for the benefit of Walter Payton College Prep High School. Their primary objective is to support the educational institution financially, ensuring it can continue to provide quality education and opportunities for its students. By raising funds, this nonprofit contributes to the school's overall growth and development, enabling it to maintain its high standards and continue to make a positive impact on its students' lives.
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Impact
August, 2024
The Payton Alumni Community & Endowment has a significant impact on Walter Payton College Prep High School by raising and distributing funds to benefit the school. This support helps enhance educational opportunities, infrastructure, and resources for the students and staff at Walter Payton College Prep. Additionally, the organization plays a vital role in fostering a strong sense of community among alumni, teachers, and students, creating a network of support that extends beyond the classroom.
This information is meant to be a general summary of Payton Alumni Community & Endowment. 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 2023.
- Investment Income: $76,132
- Gross Receipts: $76,223
Assets and Liabilities:
- Total Assets: $843,164
- Total Liabilities: $0
- Net Assets: $843,164
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Organization Details
Founding Year
2007
Principal Officer
Jennifer Fardy
Website
www.paytonalumni.comNTEE Category
Code: B11 - Education
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