Overview
What is The Ray School Corporation?
The Ray School Corporation is a nonprofit organization situated in East Haddam, Connecticut. Their primary mission is to support an educational institution that provides courses comparable to high school, with a focus on vocational instruction. Specifically, they aim to fund the vocational programs at Nathan Hale-Ray High School, contributing to the town of East Haddam's educational initiatives.
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 Ray School Corporation demonstrates some strengths in financial accountability and transparency, there are notable areas that require improvement.
One of the organization's strengths includes a high program expense ratio of 93.41%, which suggests that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, the organization has a majority independent board, scoring full points in both the majority independent board members and independent board size categories. The low liabilities to assets ratio of 0.07% also reflects a strong financial position.
However, the rating highlights several limitations, including the absence of essential policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy. These missing elements, along with the failure to list the organization's website on tax forms or post its tax form online, have contributed to a lower score in accountability and finance, ultimately affecting its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Ray School Corporation legitimate?
The Ray School Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ray School Corporation 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 Ray School Corporation?
The Ray School Corporation's mission is centered around funding the vocational programs offered at Nathan Hale-Ray High School. This nonprofit organization supports an educational institution that provides courses similar to high school level, with a strong emphasis on vocational instruction. Their primary goal is to provide resources that enhance the vocational programs, thereby equipping students with practical skills for future endeavors. Although not explicitly stated, it can be inferred that their mission aims to contribute to the overall educational development of the students by offering vocational training.
Who is the CEO of The Ray School Corporation?
Anne Comer is the President of The Ray School Corporation.
What is the revenue of The Ray School Corporation?
The Ray School Corporation's revenue in 2023 was $44,170.
Who are the executives of The Ray School Corporation and what are their salaries?
There 4 volunteers at The Ray School Corporation.
Here are 4 key members and their salaries:
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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 The Ray School Corporation?
The Ray School Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Ray School Corporation
The Ray School Corporation, as a nonprofit entity, is dedicated to funding the vocational programs at Nathan Hale-Ray High School. In essence, its mission revolves around supporting educational initiatives that emphasize vocational instruction, offering courses akin to those typically found in high school grade levels. This nonprofit organization plays a significant role in enabling the high school to provide a comprehensive educational experience, with a strong focus on vocational training.
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Impact
August, 2024
The Ray School Corporation's impact is focused on supporting educational programs in the town of East Haddam, Connecticut. Specifically, the corporation supports an educational institution offering courses of instruction similar to those of high school grade, with an emphasis on vocational instruction. Its mission is to fund the vocational programs at Nathan Hale-Ray High School, contributing to the development and enhancement of vocational education in the local community.
This information is meant to be a general summary of The Ray School Corporation. 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: $44,170
- Gross Receipts: $44,170
Assets and Liabilities:
- Total Assets: $11,652,181
- Total Liabilities: $8,777
- Net Assets: $11,643,404
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Organization Details
Founding Year
1941
Phone
(860) 975-2479Principal Officer
Anne Comer
Main Address
PO BOX 36, EAST HADDAM, CT, 06423
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