Overview
What is Morris Educational Foundation Inc?
Morris Educational Foundation Inc, based in Morristown, New Jersey, serves as a nonprofit organization dedicated to supporting the educational initiatives, programs, and services of the Morris School District. With a mission to generate and distribute financial and other resources, they contribute significantly to the district's offerings in academics, athletics, and the arts. The Foundation ensures equal access to these innovative programs for all individuals in the district, regardless of their financial capability. With a team of five dedicated employees, they strive to enrich the educational experience and foster growth within the Morris School District community.
Official website here: www.morrrisedfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Morris Educational Foundation Inc has received a solid rating of 87% from Charity Navigator, indicating a strong performance in accountability and finance. The organization boasts a fully independent board, with 100% of its members meeting this criterion. Additionally, it has demonstrated effective oversight with an audit and oversight committee receiving full points, and it maintains a low liabilities to assets ratio.
While the foundation excels in certain areas, there are notable limitations in its governance practices. It has not implemented a conflict of interest policy or a document retention and destruction policy, both of which are important for transparency and accountability. Additionally, the foundation has not posted its tax form on its website, which may limit public access to important financial information.
Overall, the Morris Educational Foundation Inc shows strengths in financial health and governance structure but has room for improvement in its policies regarding conflicts of interest and document management. These enhancements could further bolster its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Morris Educational Foundation Inc legitimate?
Morris Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morris Educational Foundation Inc 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
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Other Salaries and Wages: $143,584
For more financial information, click here
Official website here: www.morrrisedfoundation.org
What is the mission statement of Morris Educational Foundation Inc?
The Morris Educational Foundation's mission is to cultivate and distribute financial and various resources to aid the Morris School District. This support is instrumental in upholding the district's educational objectives, which encompass innovative academic, athletic, and artistic programs. The foundation operates in a non-discriminatory manner, ensuring equal access to these programs for all individuals within the district, regardless of their financial capabilities.
Official website here: www.morrrisedfoundation.org
Who is the CEO of Morris Educational Foundation Inc?
Hector Mislavsky is the Chair of Morris Educational Foundation Inc.
Official website here: www.morrrisedfoundation.org
What is the revenue of Morris Educational Foundation Inc?
Morris Educational Foundation Inc's revenue in 2022 was $707,746.
Official website here: www.morrrisedfoundation.org
Who are the executives of Morris Educational Foundation Inc and what are their salaries?
The average compensation at Morris Educational Foundation Inc during 2022 was $28,717. There are 5 employees and 50 volunteers at Morris Educational Foundation Inc.
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Official website here: www.morrrisedfoundation.org
Where can I find the form 990 for Morris Educational Foundation Inc?
Morris Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.morrrisedfoundation.org
Learn more at the official website: www.morrrisedfoundation.org
Mission Statement of Morris Educational Foundation Inc
The Morris Educational Foundation Inc is committed to fulfilling its mission by generating and distributing both financial and non-monetary resources to support the Morris School District. This nonprofit organization's primary goal is to contribute to the educational purposes, programs, and services offered by the Morris School District. By doing so, the Foundation aims to provide top-notch and innovative educational programs in academics, athletics, and the arts to all individuals within the Morris School District, regardless of their financial capabilities. The Foundation's activities are carried out in a non-discriminatory manner, ensuring equal access to these educational opportunities for everyone.
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Impact
July, 2024
Morris Educational Foundation Inc has a significant impact on the Morris School District by generating and distributing financial and other resources to support excellent and innovative programs in academics, athletics, and the arts for all individuals in a non-discriminatory manner. By funding expenses incurred in furthering the educational purposes, programs, and services of the district, the foundation plays a vital role in enhancing the educational experience and opportunities available to students within the Morris School District.
This information is meant to be a general summary of Morris Educational Foundation Inc. 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: $149,769
- Gross Receipts: $1,235,364
Assets and Liabilities:
- Total Assets: $3,770,717
- Total Liabilities: $47,491
- Net Assets: $3,723,226
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Organization Details
Founding Year
1992
Phone
(973) 683-0767Principal Officer
Hector Mislavsky
Main Address
PO BOX 1224, MORRISTOWN, NJ, 07962
Website
www.morrrisedfoundation.orgNTEE Category
Code: B99J - Education
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