Overview
What is Cathedral Carmel Foundation?
The Cathedral Carmel Foundation, situated in Lafayette, Louisiana, is a nonprofit organization dedicated to providing financial assistance to Cathedral Carmel Elementary School. Their primary mission revolves around offering funding support to ensure the school's growth and improvement. The Foundation's activities encompass various physical plant improvements and other essential support, ultimately contributing to the overall success of Cathedral Carmel Elementary School.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Cathedral Carmel Foundation has achieved a commendable rating of 94% from Charity Navigator, reflecting its strong performance in accountability and finance. The foundation's score is derived solely from its excellent practices in these areas, indicating a high level of transparency and stewardship of resources. Scoring full points in several categories, such as having a fully independent board and no material diversion of assets, demonstrates the foundation's commitment to ethical management and operational integrity.
With a program expense ratio of 77.41%, the Cathedral Carmel Foundation allocates a significant portion of its budget to its programs, which is a positive indicator for potential donors looking for impactful contributions. The foundation also maintains comprehensive policies on conflict of interest, whistleblower protections, and document retention, which further underscores its dedication to accountability.
Despite its strong performance, it is essential to note that the foundation's rating is solely based on financial metrics, and further evaluation of its programmatic impact might provide a more complete picture of its effectiveness. Nevertheless, the high ratings in accountability and finance suggest that the Cathedral Carmel Foundation is a trustworthy organization for potential supporters and beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Cathedral Carmel Foundation legitimate?
Cathedral Carmel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cathedral Carmel 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
What is the mission statement of Cathedral Carmel Foundation?
The Cathedral Carmel Foundation's mission revolves around providing financial support. Specifically, it focuses on aiding Cathedral Carmel Elementary School by funding physical plant improvements and offering other forms of assistance. This mission is geared towards enhancing the educational experience and overall well-being of the students at the elementary school. The foundation's activities are geared towards ensuring the school has the necessary resources to deliver quality education.
Who is the CEO of Cathedral Carmel Foundation?
Robert Foard is the President of Cathedral Carmel Foundation.
What is the revenue of Cathedral Carmel Foundation?
Cathedral Carmel Foundation's revenue in 2022 was $113,170.
Who are the executives of Cathedral Carmel Foundation and what are their salaries?
There 21 volunteers at Cathedral Carmel Foundation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Cathedral Carmel Foundation?
Cathedral Carmel Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cathedral Carmel Foundation
The Cathedral Carmel Foundation is committed to providing funding support to Cathedral Carmel Elementary School. This mission encompasses various aspects of financial assistance, specifically focusing on physical plant improvements and other essential support for the elementary school. By doing so, the foundation aims to contribute to the overall well-being and development of the school, ultimately benefiting the students who attend it.
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Impact
October, 2024
The Cathedral Carmel Foundation significantly enhances the educational environment at Cathedral Carmel Elementary School in Lafayette, Louisiana. By providing essential funding support, the foundation facilitates physical plant improvements and other vital resources that directly benefit the school and its students. This assistance not only enriches the learning experience but also fosters a nurturing and well-equipped atmosphere for education, enabling children to thrive both academically and personally. The foundation’s commitment to enhancing the school’s infrastructure and resources underscores its vital role in the community, ensuring that Cathedral Carmel Elementary remains a place where education and faith can flourish together.
This information is meant to be a general summary of Cathedral Carmel 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 2022.
- Investment Income: $34,954
- Gross Receipts: $408,962
Assets and Liabilities:
- Total Assets: $1,398,591
- Total Liabilities: $0
- Net Assets: $1,398,591
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Organization Details
Founding Year
1969
Phone
(337) 235-5577Principal Officer
Robert Foard
Main Address
848 ST JOHN STREET, LAFAYETTE, LA, 70501
NTEE Category
Code: X11 - Religion related
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