Overview
What is Radnor Educational Foundation Inc?
The Radnor Educational Foundation Inc, situated within Radnor Township School District, is a dedicated nonprofit organization. Its primary objective is to empower students by offering educational grants, enrichment programs, and fostering innovation. Through these initiatives, the foundation aims to enhance the learning experiences of Radnor Township School District's students, providing them with diverse opportunities to grow and thrive.
Official website here: www.radnoreducationalfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Very poor (Score: 36%, Zero-Star out of Four Star rating)
The Radnor Educational Foundation Inc has received a very poor rating from Charity Navigator, reflecting significant concerns about its transparency and governance practices. While the organization scores excellently on accountability and finance, with a perfect score for independent board members and no material diversion of assets, its overall score is undermined by several missing policies and documents.
One major limitation is the absence of critical policies, such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which collectively received zero points. Additionally, the foundation has not posted its tax form on its website, which raises questions about its commitment to transparency. The liabilities to assets ratio and program expense ratio also indicate potential financial management issues, scoring zero points.
Overall, while the Radnor Educational Foundation demonstrates strengths in board independence and asset management, the lack of essential governance frameworks and transparency measures significantly impacts its overall rating and public perception. Users and potential donors may want to consider these factors when evaluating the organization’s effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Radnor Educational Foundation Inc legitimate?
Radnor Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Radnor 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,783
For more financial information, click here
Official website here: www.radnoreducationalfoundation.org
What is the mission statement of Radnor Educational Foundation Inc?
The Radnor Educational Foundation's mission is centered around providing educational grants, fostering student enrichment, and promoting educational innovation. By offering these programs, the foundation aims to enhance the educational experiences of students in the Radnor Township School District. The primary objective is to empower students with additional opportunities and resources to foster their academic growth and development.
Official website here: www.radnoreducationalfoundation.org
Who is the CEO of Radnor Educational Foundation Inc?
Sophia Avanzato is the President of Radnor Educational Foundation Inc.
Official website here: www.radnoreducationalfoundation.org
What is the revenue of Radnor Educational Foundation Inc?
Radnor Educational Foundation Inc's revenue in 2022 was $35,260.
Official website here: www.radnoreducationalfoundation.org
Who are the executives of Radnor Educational Foundation Inc and what are their salaries?
The average compensation at Radnor Educational Foundation Inc during 2022 was $18,892. There are 2 employees and 75 volunteers at Radnor Educational Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.radnoreducationalfoundation.org
Where can I find the form 990 for Radnor Educational Foundation Inc?
Radnor Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.radnoreducationalfoundation.org
Learn more at the official website: www.radnoreducationalfoundation.org
Mission Statement of Radnor Educational Foundation Inc
Radnor Educational Foundation, a notable organization, is committed to enhancing the educational experiences of students within the Radnor Township School District. Its primary mission is to provide financial aid in the form of educational grants. Beyond this, the foundation also strives to offer programs that enrich the students' lives and provide them with opportunities for growth. Furthermore, Radnor Educational Foundation is dedicated to fostering educational innovation, aiming to positively impact the learning journey of each student it serves.
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Impact
August, 2024
Radnor Educational Foundation Inc provides educational grants, offers programs for student enrichment and opportunities, and fosters educational innovation for the benefit of the students of Radnor Township School District in Wayne, PA. Its impact is evident in the enhanced learning experiences, improved resources, and innovative initiatives that help students excel academically and creatively. Through its philanthropic efforts, Radnor Educational Foundation Inc contributes to the overall educational quality and success of the students within the district.
This information is meant to be a general summary of Radnor 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: -$44,051
- Gross Receipts: $35,260
Assets and Liabilities:
- Total Assets: $403,496
- Total Liabilities: $89,418
- Net Assets: $314,078
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Organization Details
Founding Year
1994
Phone
(610) 688-8100Principal Officer
Sophia Avanzato
Main Address
135 SOUTH WAYNE AVE, WAYNE, PA, 19087
NTEE Category
Code: T20 - Philanthropy
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