Overview
What is Extra Mile Education Foundation?
The Extra Mile Education Foundation is a nonprofit organization based in Pittsburgh, Pennsylvania. With a team of six dedicated individuals, its primary mission is to promote scholarship support for inner-city children attending Catholic elementary schools in Pittsburgh's urban neighborhoods. The foundation provides subsidies and grants to various schools such as St. Benedict the Moor, Sr. Thea Bowman Catholic Academy, and Northside Catholic Assumption Academy, among others. The Extra Mile Education Foundation's aim is to ensure that these children have access to quality education, thereby contributing to the betterment of their communities and futures.
Official website here: www.extramilefdn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Extra Mile Education Foundation has earned a strong rating of 92%, which reflects its commitment to accountability and financial health. This Four-Star rating indicates that the organization excels in transparency and effective management of resources, ensuring that funds are utilized for their intended purpose. The foundation has an impressive program expense ratio of 82.54%, showing that a significant portion of its expenditures directly support its programs.
Strengths of the organization include a fully independent board, which contributes to unbiased governance and decision-making. With all 16 board members independent, the foundation demonstrates a commitment to ethical oversight. Additionally, the organization has implemented robust policies such as conflict of interest and whistleblower protections, further enhancing its accountability framework.
While the organization shows no significant liabilities, maintaining a liabilities to assets ratio of only 0.88%, it is important for potential supporters to consider the context of their operations and the specific projects they fund. Overall, the Extra Mile Education Foundation presents itself as a reliable nonprofit dedicated to its mission in education, backed by solid financial practices and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Extra Mile Education Foundation legitimate?
Extra Mile Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Extra Mile Education 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: $153,141
Professional Fundraising Fees: $0
Other Salaries and Wages: $256,000
For more financial information, click here
Official website here: www.extramilefdn.org
What is the mission statement of Extra Mile Education Foundation?
The Extra Mile Education Foundation's mission is centered around promoting scholarship support for inner-city children who attend Catholic elementary schools in various neighborhoods. This is achieved through the provision of subsidies and grants, in line with the foundation's mission. The foundation's activities primarily involve supporting schools such as St. Benedict the Moor in the Hill District, Sr. Thea Bowman Catholic Academy in Wilkinsburg, and Northside Catholic Assumption Academy in Pittsburgh's Northside. Scholarship support is extended to children attending various Catholic academies in the area, including Christ the Divine Teacher Catholic Academy, Divine Mercy Academy, Guardian Angel Academy, Holy Family Catholic School, Madonna Catholic Regional School, Mary of Nazareth, Our Lady of Fatima School, Sacred Heart Elementary, St. Monica Catholic Academy, and Oakland Catholic.
Official website here: www.extramilefdn.org
What is the revenue of Extra Mile Education Foundation?
Extra Mile Education Foundation's revenue in 2023 was $2,808,363.
Official website here: www.extramilefdn.org
Who are the executives of Extra Mile Education Foundation and what are their salaries?
The average compensation at Extra Mile Education Foundation during 2023 was $81,828. There are 5 employees and 13 volunteers at Extra Mile Education Foundation.
Here are 18 key members and their salaries:
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Official website here: www.extramilefdn.org
Where can I find the form 990 for Extra Mile Education Foundation?
Extra Mile Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.extramilefdn.org
Learn more at the official website: www.extramilefdn.org
Mission Statement of Extra Mile Education Foundation
The Extra Mile Education Foundation is committed to promoting scholarship support for inner-city children attending Catholic elementary schools in various urban neighborhoods. In line with its mission, the foundation provides subsidies and grants to aid these children's education. The supported schools include St. Benedict the Moor in the Hill District, Sr. Thea Bowman Catholic Academy in Wilkinsburg, and Northside Catholic Assumption Academy in Pittsburgh's Northside. The scholarship support extends to children attending Christ the Divine Teacher Catholic Academy, Divine Mercy Academy, Guardian Angel Academy, Holy Family Catholic School, Madonna Catholic Regional School, Mary of Nazareth, Our Lady of Fatima School, Sacred Heart Elementary, Saint Monica Catholic Academy, and Oakland Catholic.
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Impact
October, 2024
The Extra Mile Education Foundation significantly impacts the lives of inner-city children in Pittsburgh by providing essential scholarship support for those attending Catholic elementary schools. Through subsidies and grants, it enables access to quality education for students at institutions such as St. Benedict the Moor, Sr. Thea Bowman Catholic Academy, and Northside Catholic Assumption Academy, among others.
By focusing on inner-city neighborhoods, the foundation plays a crucial role in promoting educational equity and opportunity. It supports numerous schools, including Christ the Divine Teacher Catholic Academy and Holy Family Catholic School, thereby helping to reshape the futures of countless children. The foundation's efforts ensure that financial barriers do not limit educational possibilities, promoting a pathway to success for young learners in challenging environments.
This information is meant to be a general summary of Extra Mile Education 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 2023.
- Investment Income: $319,061
- Gross Receipts: $6,616,264
Assets and Liabilities:
- Total Assets: $15,871,469
- Total Liabilities: $141,253
- Net Assets: $15,730,216
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Organization Details
Founding Year
1990
Principal Officer
Suzanne M Vertosick
Website
www.extramilefdn.orgNTEE Category
Code: B20 - Education
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