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Newton Schools Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237065010 ✦ Newton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Newton Schools Foundation Inc?

Newton Schools Foundation Inc, based in Newton, Massachusetts, is a nonprofit organization dedicated to supporting the public school system in the area. Their mission is to promote excellence and equity in education by funding and backing innovative initiatives, professional development opportunities, and programs that help bridge achievement gaps and ensure equality for the diverse student population. This involves collaborating with school administrators to identify needs and deciding on the activities to be supported. The foundation also focuses on nurturing dynamic and engaging curriculums, fostering collaborative teachers, and actively involving students in their learning process. Despite having only one employee, their impact on the Newton public schools is significant.


Official website here: www.newtonschoolsfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating

The Newton Schools Foundation Inc has achieved an impressive 97% rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. This rating is based entirely on their performance in the Accountability & Finance beacon, indicating that the organization adheres to best practices in financial reporting and transparency.

One of the foundation's notable strengths is its governance structure, with 100% of its board members being independent, which promotes objectivity in decision-making. Additionally, the foundation has robust policies in place, including a conflict of interest policy and whistleblower protection, contributing to a strong ethical framework. The organization also maintains a low liabilities-to-assets ratio, showcasing its financial stability.

While the foundation demonstrates a high program expense ratio of 78.97%, indicating that a significant portion of its funds is directed toward its mission, the data does not highlight any particular limitations or areas for improvement. Overall, the Newton Schools Foundation Inc stands out as a well-managed nonprofit dedicated to supporting educational initiatives.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Newton Schools Foundation Inc?

Although Newton Schools Foundation Inc has not yet garnered a formal rating due to the limited number of reviews, there are encouraging signs from what has been shared. One review highlights the "Newton Inspires" event as a wonderful experience that participants eagerly anticipate each year.

This positive sentiment suggests that the foundation successfully engages the community and creates memorable events that resonate with those involved. It appears that individuals appreciate the foundation's efforts to inspire and connect people, indicating a commitment to delivering meaningful experiences.

Overall, the passion expressed in the reviews implies that the Newton Schools Foundation is fostering a positive community impact through its events, and there is optimism for the foundation's continued contributions.


This AI summary has been generated from reviews found on Facebook.

Is Newton Schools Foundation Inc legitimate?

Newton Schools Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newton Schools 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: $27,738

For more financial information, click here


Official website here: www.newtonschoolsfoundation.org

What is the mission statement of Newton Schools Foundation Inc?

The Newton Schools Foundation Inc's mission is centered around advancing excellence and equity in education. They aim to accomplish this by funding and supporting promising initiatives, professional development, and programs that help bridge achievement and opportunity gaps. The foundation collaborates with educators to incubate innovative teaching approaches, foster continuous teacher development, and engage students actively. Additionally, they invest in opportunities to enhance educators' teaching practices and support programs that promote equity in diverse student populations.


Official website here: www.newtonschoolsfoundation.org

Who is the CEO of Newton Schools Foundation Inc?

Michelle Wetlaufer is the Director of Newton Schools Foundation Inc.


Official website here: www.newtonschoolsfoundation.org

What is the revenue of Newton Schools Foundation Inc?

Newton Schools Foundation Inc's revenue in 2022 was $532,671.


Official website here: www.newtonschoolsfoundation.org

Who are the executives of Newton Schools Foundation Inc and what are their salaries?

The average compensation at Newton Schools Foundation Inc during 2022 was $27,738. There is 1 employee and 22 volunteers at Newton Schools Foundation Inc.


Here are 19 key members and their salaries:


Marcia Tabenken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Hiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Mcvittie (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Pancerella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawna Giggey Mashal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Sokoloff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frieda Dweck (Clerk/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhanna Kidwell (Co-President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Werner (Co-President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Fisher Gomberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Carrol Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delia Cheung Hom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Fitzpatrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Manning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Sandberg (Director (Resigned 5/17/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Strope (Director (Resigned 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Adams (Director (Appt. 7/1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Oates (Director (Appt. 1/18/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Scott (Director (Appt. 11/9/21))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newtonschoolsfoundation.org

Where can I find the form 990 for Newton Schools Foundation Inc?

Newton Schools Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newtonschoolsfoundation.org

Learn more at the official website: www.newtonschoolsfoundation.org

Mission Statement of Newton Schools Foundation Inc

Newton Schools Foundation, in its mission, works towards enhancing excellence and equity in the Newton Public Schools. The organization aims to achieve this by funding and supporting promising initiatives, professional development, and programs that help bridge achievement gaps and provide equal opportunities. By incubating innovative teaching approaches, fostering collaborative teachers, and engaging students actively, Newton Schools Foundation contributes to a vibrant and dynamic curriculum.

Furthermore, the foundation invests in opportunities to enhance and deepen educators' teaching practices through supplementary professional development. This supplementary training complements the existing opportunities within the school system, ensuring continuous growth and improvement in teaching methods. Lastly, the organization supports programs that promote equity in Newton's diverse student population, working closely with school system administrators to identify and address relevant needs or requests. In all its endeavors, Newton Schools Foundation is dedicated to improving the quality of education and creating a level playing field for all students.

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Impact




July, 2024

Newton Schools Foundation Inc's impact can be seen in its dedication to advancing excellence and equity in the Newton public schools. By funding and supporting promising initiatives, professional development, and programs that close gaps in achievement and opportunity, Newton Schools Foundation is making a tangible difference in the education system. Through their work with the public school system, they are incubating innovative approaches to teaching and learning, investing in the professional development of educators, and supporting programs that promote equity in a diverse student population. Their collaborative efforts with school system administrators ensure that relevant needs are met and activities are supported to enhance the overall educational experience for students in Newton, MA.




This information is meant to be a general summary of Newton Schools 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.

Revenue
$532,671 (2022)
Expenses
$542,851 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $180,311
  • Gross Receipts: $871,998

Assets and Liabilities:

  • Total Assets: $3,048,691
  • Total Liabilities: $268,772
  • Net Assets: $2,779,919

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Organization Details

Founding Year

1964

Principal Officer

Michelle Wetlaufer

Main Address

PO BOX 590020, NEWTON, MA, 02459

NTEE Category

Code: B20 - Education

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