Overview
What is Maine School Of Science And Mathematics Foundation?
The Maine School of Science and Mathematics Foundation is a nonprofit organization situated in Limestone, Maine. Its primary mission is to guarantee the long-term success of the Maine School of Science and Mathematics by raising and distributing resources. These resources are utilized to enhance the educational offerings, maintain an exceptional faculty, and guarantee access for all qualified students. The foundation's activities are centered around supporting the institution and ensuring its continued growth and excellence. With a small team of dedicated individuals, the Maine School of Science and Mathematics Foundation plays a vital role in fostering academic development in the field of science and mathematics.
Official website here: www.mssm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Maine School Of Science And Mathematics Foundation shows some strengths in governance and accountability, there are areas of concern regarding its financial performance.
The organization boasts a strong governance structure, with 100% of its board members being independent. It scores high in several accountability measures, such as having a conflict of interest policy and maintaining comprehensive financial statements. Additionally, there is no material diversion of assets, which reflects positively on its financial integrity.
However, the foundation's program expense ratio is notably low at 51.55%, suggesting that less than half of its expenses go directly towards its programs. This could raise concerns among donors about the effectiveness and efficiency of the organization in utilizing its resources to fulfill its mission. Overall, while the foundation demonstrates solid governance, its financial allocation towards programming needs improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Maine School Of Science And Mathematics Foundation legitimate?
Maine School Of Science And Mathematics Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine School Of Science And Mathematics 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: $149,379
For more financial information, click here
Official website here: www.mssm.org
What is the mission statement of Maine School Of Science And Mathematics Foundation?
The Maine School of Science and Mathematics Foundation aims to ensure the long-term success of the Maine School of Science and Mathematics. This is achieved by raising and distributing resources to enhance the institution's educational offerings, maintain an outstanding faculty, and guarantee access to all qualified students. The foundation's mission is essential in supporting the school's mission to provide a rigorous and challenging educational environment in science, mathematics, and related fields. By doing so, the foundation contributes to the development of well-prepared and motivated students, ready to excel in their future academic and professional pursuits.
Official website here: www.mssm.org
Who is the CEO of Maine School Of Science And Mathematics Foundation?
Clark Copelin is the Audit Chair of Maine School Of Science And Mathematics Foundation.
Official website here: www.mssm.org
What is the revenue of Maine School Of Science And Mathematics Foundation?
Maine School Of Science And Mathematics Foundation's revenue in 2023 was $547,086.
Official website here: www.mssm.org
Who are the executives of Maine School Of Science And Mathematics Foundation and what are their salaries?
The average compensation at Maine School Of Science And Mathematics Foundation during 2023 was $149,379. There is 1 employee at Maine School Of Science And Mathematics Foundation.
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Official website here: www.mssm.org
Where can I find the form 990 for Maine School Of Science And Mathematics Foundation?
Maine School Of Science And Mathematics Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mssm.org
Learn more at the official website: www.mssm.org
Mission Statement of Maine School Of Science And Mathematics Foundation
The Maine School of Science and Mathematics Foundation plays a vital role in ensuring the long-term success of the Maine School of Science and Mathematics. Their mission is centered around raising and distributing resources to enhance the educational offerings of the school, maintain an outstanding faculty, and guarantee access to all qualified students. By doing so, they contribute to the school's continued excellence and inclusivity, fostering an environment where students can thrive in their scientific and mathematical pursuits. The foundation's activities are instrumental in supporting the school's mission, ensuring its longevity and impact on the lives of its students.
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Impact
July, 2024
The Maine School of Science and Mathematics Foundation has a significant impact on ensuring the long-term success of the Maine School of Science and Mathematics. By raising and distributing resources, the foundation enhances the educational offerings, maintains an outstanding faculty, and ensures access to all qualified students at the school. This support directly contributes to the overall excellence of the educational experience provided at the Maine School of Science and Mathematics, benefiting both students and faculty.
This information is meant to be a general summary of Maine School Of Science And Mathematics 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 2023.
- Investment Income: $43,522
- Gross Receipts: $547,086
Assets and Liabilities:
- Total Assets: $1,067,369
- Total Liabilities: $5,574
- Net Assets: $1,061,795
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Organization Details
Founding Year
1994
Phone
(207) 493-1361Principal Officer
Clark Copelin
Main Address
95 HIGH STREET, LIMESTONE, ME, 04750
Website
www.mssm.orgNTEE Category
Code: B82 - Education
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