Overview
What is The Waldorf School Trust 0049-07-19?
The Waldorf School Trust 0049-07-19 is a nonprofit organization with a primary mission to support the Waldorf School of Garden City. While its focus is mainly on this specific educational institution, it extends its aid beyond limits, particularly in the form of financial assistance to students of potential who may lack sufficient material means. This nonprofit organization aims to contribute positively to the educational journey of these students, ensuring they have equal opportunities to thrive and succeed.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 74%)
The Waldorf School Trust has received a two-star rating from Charity Navigator, indicating that while it has some strong financial practices, there are significant areas needing improvement. The organization scored 93.12% in program expense ratio, suggesting that a large portion of its funds is allocated directly to its mission-related activities. However, the lack of independent board members, scoring 0% in this category, reflects a potential concern regarding governance and oversight.
In terms of accountability and finance, the organization demonstrates a solid score due to its absence of material diversion of assets and effective policies like conflict of interest, whistleblower, and document retention. However, critical transparency issues arise from missing elements such as the nonprofit's website and tax form being listed on its tax documents, which negatively impacted its overall score.
While the Waldorf School Trust has structured its operations with certain best practices in place, the lack of independent oversight and transparency measures poses potential risks to stakeholders. Continuous efforts to improve governance and publicly share important documents will be essential for enhancing their rating and building greater trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Waldorf School Trust 0049-07-19 legitimate?
The Waldorf School Trust 0049-07-19 is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Waldorf School Trust 0049-07-19 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
What is the mission statement of The Waldorf School Trust 0049-07-19?
The mission of The Waldorf School Trust 0049-07-19 is to aid in supporting the Waldorf School of Garden City, extending beyond just financial assistance to students of exceptional ability who lack adequate material means. The trust's primary objective is to contribute to the school's operations in various ways, with a particular focus on providing financial aid to deserving students.
What is the revenue of The Waldorf School Trust 0049-07-19?
The Waldorf School Trust 0049-07-19's revenue in 2024 was $153,204.
Who are the executives of The Waldorf School Trust 0049-07-19 and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Waldorf School Trust 0049-07-19?
The Waldorf School Trust 0049-07-19's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Waldorf School Trust 0049-07-19
The Waldorf School Trust 0049-07-19 is an organization committed to supporting the Waldorf School of Garden City. Its primary mission lies in providing financial assistance to students of exceptional ability who lack sufficient material means. This support is not limited to the school's use, indicating a wider reach and commitment to these deserving students. By extending such aid, the trust aims to ensure that these gifted individuals have the opportunity to pursue their education, regardless of their financial circumstances.
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Impact
August, 2024
The impact of The Waldorf School Trust 0049-07-19 lies in its support for the Waldorf School of Garden City, particularly in granting financial assistance to students of ability without adequate material means. By providing this support, the trust enables students to access quality education that they may not have been able to afford otherwise. This helps in creating opportunities for these students to reach their full potential and pursue their academic and personal aspirations. Through its mission, the trust plays a vital role in promoting educational equity and ensuring that all students have the chance to excel and thrive, regardless of their financial circumstances.
This information is meant to be a general summary of The Waldorf School Trust 0049-07-19. 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 2024.
- Investment Income: $38,432
- Gross Receipts: $587,039
Assets and Liabilities:
- Total Assets: $953,726
- Total Liabilities: $0
- Net Assets: $953,726
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Organization Details
Founding Year
1958
NTEE Category
Code: B25 - Education
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