Overview
What is The St Francis Desales High School Foundation Inc?
The St. Francis Desales High School Foundation Inc is a nonprofit organization situated in Louisville, Kentucky, specifically at 425 Kenwood Drive. Its primary mission is to support St. Francis Desales High School in its endeavor to educate young men in the Catholic tradition. To achieve this, the foundation raises funds for the school. Their activities primarily involve granting educational funds to St. Francis Desales High School, enabling it to fulfill its educational objectives for the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
The St Francis Desales High School Foundation Inc holds a Two-Star rating from Charity Navigator, indicating a moderate performance primarily in the area of Accountability & Finance. With a score of 67%, the foundation demonstrates strong governance features, such as having a majority of independent board members and a low ratio of liabilities to assets. The organization allocates a significant portion of its expenses to programs, which reflects a commitment to its mission.
Despite these strengths, the foundation faces significant limitations that impact its overall rating. Critical financial transparency elements are missing, including the absence of financial statements that have been reviewed or compiled, as well as several essential policies like conflict of interest and whistleblower policies. Additionally, the foundation's website is not listed on its tax form, which raises concerns regarding accessibility and transparency.
To improve its standing and trustworthiness, the foundation would benefit from addressing these gaps in policy and documentation. Enhancing its financial reporting practices and ensuring that all required information is readily available could lead to a better rating in the future and foster greater public confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is The St Francis Desales High School Foundation Inc legitimate?
The St Francis Desales High School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The St Francis Desales High School 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: $261,000
Other Salaries and Wages: $0
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What is the mission statement of The St Francis Desales High School Foundation Inc?
The St. Francis Desales High School Foundation Inc's mission is centered around raising funds to support the educational endeavors of St. Francis Desales High School. This institution is dedicated to educating young men from the Louisville, Kentucky area, upholding Catholic values. The foundation's primary objective is to provide financial assistance to the school, enabling it to continue its educational mission effectively. Through its efforts, educational grants are awarded to St. Francis Desales High School for the betterment of its students' education.
Who is the CEO of The St Francis Desales High School Foundation Inc?
Stephen C James is the President of The St Francis Desales High School Foundation Inc.
What is the revenue of The St Francis Desales High School Foundation Inc?
The St Francis Desales High School Foundation Inc's revenue in 2023 was $1,983,488.
Who are the executives of The St Francis Desales High School Foundation Inc and what are their salaries?
There 14 volunteers at The St Francis Desales High School Foundation Inc.
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Where can I find the form 990 for The St Francis Desales High School Foundation Inc?
The St Francis Desales High School Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The St Francis Desales High School Foundation Inc
The St. Francis Desales High School Foundation Inc is dedicated to raising funds to support the educational mission of St. Francis Desales High School. This mission encompasses educating young men from the Louisville, Kentucky area in the Catholic tradition. By providing financial assistance, the foundation aims to contribute to the school's overall educational goals and help shape the future leaders of the community. The foundation's activities primarily involve awarding educational grants to St. Francis Desales High School, thereby playing a significant role in the school's ability to provide quality education to its students.
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Impact
October, 2024
The St Francis Desales High School Foundation Inc plays a vital role in supporting the educational mission of St. Francis Desales High School in Louisville, Kentucky. By raising funds specifically aimed at enhancing the educational experience for young men, the foundation ensures that students receive quality education grounded in the Catholic tradition.
Through strategic grants, the foundation aids in providing necessary resources, programs, and opportunities that enrich the school's curriculum and extracurricular activities. This impact is felt not only in the academic achievements of the students but also in fostering a strong sense of community and values among them. The foundation’s commitment to the education of young men helps shape their futures, equipping them with the knowledge and moral foundation necessary to succeed in life.
This information is meant to be a general summary of The St Francis Desales High School 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $129,638
- Gross Receipts: $2,349,195
Assets and Liabilities:
- Total Assets: $4,606,713
- Total Liabilities: $48,252
- Net Assets: $4,558,461
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Organization Details
Founding Year
2007
Phone
(502) 368-6519Principal Officer
Stephen C James
Main Address
425 KENWOOD DRIVE, LOUISVILLE, KY, 40214
NTEE Category
Code: N40 - Recreation
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