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Pioneer Valley Chinese Immersion Educational Foundation

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

EIN: 208847246 ✦ Hadley, MA ✦ Designated as a 501(c)(3)

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Overview

What is Pioneer Valley Chinese Immersion Educational Foundation?

The Pioneer Valley Chinese Immersion Educational Foundation is a charitable organization based in Hadley, Massachusetts. Its primary mission is to aid and support the Pioneer Valley Chinese Immersion Charter School. This nonprofit accomplishes this by providing essential resources, such as facility rental, to ensure the school's smooth operation. The foundation's ultimate goal is to strengthen the Pioneer Valley Chinese Immersion Charter School, fostering a learning environment that emphasizes Chinese language immersion.


Official website here: www.pvcics.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The Pioneer Valley Chinese Immersion Educational Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations. While the organization scores well in areas such as having a fully independent board and maintaining strong financial oversight, it also shows significant weaknesses in governance and transparency, particularly with missing policies related to conflicts of interest, whistleblowing, and document retention.

The foundation excels in its program expense ratio, allocating nearly all of its resources towards its educational mission, which is a strong point for its impact on the community. However, the liabilities to assets ratio raises concerns about financial stability, as it exceeds 100%. This suggests that the foundation may face challenges in managing its debts relative to its assets.

In summary, while the Pioneer Valley Chinese Immersion Educational Foundation demonstrates a commitment to its educational goals and has strong board independence, it must address critical governance issues and financial balance to improve its overall rating and sustainability.


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

Is Pioneer Valley Chinese Immersion Educational Foundation legitimate?

Pioneer Valley Chinese Immersion Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pioneer Valley Chinese Immersion Educational 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: $0

For more financial information, click here


Official website here: www.pvcics.org

What is the mission statement of Pioneer Valley Chinese Immersion Educational Foundation?

The Pioneer Valley Chinese Immersion Educational Foundation is committed to supporting the Pioneer Valley Chinese Immersion Charter School. Their mission, in essence, is to contribute to the school's success through various programs, such as facility rental. The foundation does not operate as a school itself, but serves as a vital partner in supporting the educational institution, thereby contributing to the growth and development of Chinese language immersion education.


Official website here: www.pvcics.org

Who is the CEO of Pioneer Valley Chinese Immersion Educational Foundation?

Kathleen Wang is the President of Pioneer Valley Chinese Immersion Educational Foundation.


Official website here: www.pvcics.org

What is the revenue of Pioneer Valley Chinese Immersion Educational Foundation?

Pioneer Valley Chinese Immersion Educational Foundation's revenue in 2022 was $729,030.


Official website here: www.pvcics.org

Who are the executives of Pioneer Valley Chinese Immersion Educational Foundation and what are their salaries?


Here are 3 key members and their salaries:


Kathleen Wang (President)
  • Compensation: $0
  • Related: $107,595
  • Other: $0
Winifred Mcdonagh (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Tasman (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pvcics.org

Where can I find the form 990 for Pioneer Valley Chinese Immersion Educational Foundation?

Pioneer Valley Chinese Immersion Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pvcics.org

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

Mission Statement of Pioneer Valley Chinese Immersion Educational Foundation

The Pioneer Valley Chinese Immersion Educational Foundation is committed to supporting the Pioneer Valley Chinese Immersion Charter School. In doing so, the foundation aims to contribute to the school's operations and growth. One of the ways they accomplish this is through providing facility rental services. The foundation's mission is centered around fostering the success of this elementary school, ensuring it can provide a quality Chinese immersion education to its students.

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Impact




October, 2024

The Pioneer Valley Chinese Immersion Educational Foundation significantly enhances the educational landscape by supporting the Pioneer Valley Chinese Immersion Charter School in Hadley, MA. Through initiatives such as facility rental, the foundation ensures that students have access to quality learning environments conducive to their growth and development.

By fostering an immersive curriculum, the foundation plays a crucial role in promoting bilingual education, which cultivates cultural awareness and global citizenship among students. This support not only enriches the academic experience for young learners but also prepares them for an increasingly interconnected world.

Overall, the foundation's efforts contribute to the empowerment of a diverse student body, laying a strong foundation for their future success while enriching the local community through shared cultural experiences.




This information is meant to be a general summary of Pioneer Valley Chinese Immersion Educational 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.

Revenue
$729,030 (2022)
Expenses
$725,940 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $728,272
  • Gross Receipts: $729,030

Assets and Liabilities:

  • Total Assets: $10,884,724
  • Total Liabilities: $11,308,598
  • Net Assets: -$423,874

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$728,272

Organization Details

Founding Year

2007

Principal Officer

Kathleen Wang

Main Address

317 RUSSELL STREET, HADLEY, MA, 010353535

NTEE Category

Code: T11 - Philanthropy

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