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Lookout Mountain Parent-Teacher Association

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

EIN: 237273538 ✦ Lookout mountain, TN ✦ Designated as a 501(c)(3)

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Overview

What is Lookout Mountain Parent-Teacher Association?

The Lookout Mountain Parent-Teacher Association, located at 321 North Bragg Avenue, Lookout Mountain, Tennessee 37350, is a dedicated nonprofit organization. Their primary mission is to support the educational programs at Lookout Mountain Elementary School, a public school in Hamilton County, Tennessee, catering to kindergarten to fifth-grade students. They raise funds solely for the school's benefit, ensuring that all proceeds are utilized to enhance the learning experience for all students. By doing so, the Lookout Mountain Parent-Teacher Association plays a vital role in the school community, contributing to its overall development and the education of its children.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

The Lookout Mountain Parent-Teacher Association has received a relatively low score of 53%, reflecting its One-Star rating. This rating indicates significant challenges in the areas of accountability and finance. A major concern is the complete absence of independent board members, which raises questions about governance and oversight within the organization.

Despite these challenges, the association demonstrates strong program expenditure, with 97.24% of its expenses directed toward its programs. This suggests that the funds raised are primarily used for the intended purpose, benefiting the community it serves. However, the lack of essential policies, such as conflict of interest and whistleblower policies, can undermine the organization's integrity and accountability.

Overall, while the Lookout Mountain Parent-Teacher Association shows commitment to its programmatic goals, its governance issues and missing policies highlight areas for improvement. Stakeholders may want to consider these factors when evaluating the organization's effectiveness and reliability.


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

Is Lookout Mountain Parent-Teacher Association legitimate?

Lookout Mountain Parent-Teacher Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lookout Mountain Parent-Teacher Association 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 Lookout Mountain Parent-Teacher Association?

The Lookout Mountain Parent-Teacher Association's mission is centered around supporting the educational programs at the Lookout Mountain School. Specifically, their objective is to raise funds for the benefit of this school, which caters to kindergarten through fifth-grade students. All funds raised and expenditures made are solely directed towards enhancing the education of all students at Lookout Mountain Elementary School, located in Hamilton County, Tennessee. The association does not provide grants or allocations to other organizations.

Who is the CEO of Lookout Mountain Parent-Teacher Association?

Stephanie Gillison is the President of Lookout Mountain Parent-Teacher Association.

What is the revenue of Lookout Mountain Parent-Teacher Association?

Lookout Mountain Parent-Teacher Association's revenue in 2022 was $478,455.

Who are the executives of Lookout Mountain Parent-Teacher Association and what are their salaries?


Here are 5 key members and their salaries:


Charlotte Gregorie (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaki Jenkins (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Tucker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Gillison (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dani Stewart (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lookout Mountain Parent-Teacher Association?

Lookout Mountain Parent-Teacher Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lookout Mountain Parent-Teacher Association

The Lookout Mountain Parent-Teacher Association, shortened as LMPTA, is dedicated to supporting the educational programs at Lookout Mountain Elementary School. Their primary mission is to raise funds for the benefit of this public school, catering to students from kindergarten to fifth grade in Hamilton County, Tennessee. All funds collected and expenditures made by the LMPTA are directed towards enhancing the educational experience of the school's students, ensuring that every child has an opportunity to thrive academically. The association does not distribute grants or allocations to other entities, focusing solely on the betterment of Lookout Mountain Elementary School.

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Impact




July, 2024

The Lookout Mountain Parent-Teacher Association plays a significant role in supporting the educational programs at Lookout Mountain Elementary School. By raising funds exclusively for the benefit of the school, the association contributes directly to the enhancement of educational opportunities for all students. Through its focused efforts, the Lookout Mountain PTA helps enrich the learning environment and fosters academic success for the kindergarten through fifth-grade students at Lookout Mountain Elementary School in Hamilton County, Tennessee.




This information is meant to be a general summary of Lookout Mountain Parent-Teacher Association. 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
$478,455 (2022)
Expenses
$329,519 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $327
  • Gross Receipts: $518,413

Assets and Liabilities:

  • Total Assets: $638,687
  • Total Liabilities: $0
  • Net Assets: $638,687

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Organization Details

Founding Year

1973

Principal Officer

Stephanie Gillison

Main Address

321 NORTH BRAGG AVENUE, LOOKOUT MOUNTAIN, TN, 37350

NTEE Category

Code: B94Z - Education

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