Overview
What is Mt Vernon Education Foundation Inc?
Mt Vernon Education Foundation Inc, situated in Fortville, Indiana, serves as a non-profit entity committed to uplifting the educational experiences of students within the Mt. Vernon Community School Corporation. Specifically, they raise funds to supplement the school system, with a focus on enhancing opportunities for over 4600 students. The foundation's primary mission is to support both students and teachers, empowering them to pursue innovative projects that foster growth and development. By raising funds and granting resources, Mt Vernon Education Foundation Inc plays a crucial role in enriching the educational landscape in Fortville, Indiana.
Official website here: www.mtvernonfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
The Mt Vernon Education Foundation Inc has received a low rating of 36% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score reflects issues in several key areas, particularly the absence of essential policies such as a conflict of interest policy and a whistleblower policy, both of which are critical for transparency and good governance.
Despite the strong performance in some areas, like having a majority of independent board members and no material diversion of assets, the foundation's low scores in policy adherence and financial management raise red flags. The program expense ratio is also notably low at 34.65%, suggesting that a smaller percentage of funds are being allocated towards programmatic efforts, which could impact the effectiveness of their mission.
Potential donors and supporters may want to exercise caution and encourage the foundation to implement the necessary governance policies and improve their financial transparency. Addressing these limitations could enhance the foundation’s credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Mt Vernon Education Foundation Inc?
While the Mt Vernon Education Foundation Inc currently has no formal ratings, the reviews available offer a glimpse into the positive sentiments surrounding the organization. One reviewer expressed a deep appreciation for the foundation's mission to support local teachers, emphasizing the positive impact this has on classrooms.
Participation in community events, such as the Taste, Golf Outing, and Run/Walk, highlights the foundation's engagement with families and the broader community, fostering a sense of togetherness and support for educational initiatives. Overall, the sentiments reflect a genuine love for the efforts being made to enhance educational opportunities in the Mt. Vernon area.
In conclusion, the reviews indicate a strong endorsement for the Mt Vernon Education Foundation, showcasing the value it brings to educators and the community alike.
This AI summary has been generated from reviews found on Facebook.
Is Mt Vernon Education Foundation Inc legitimate?
Mt Vernon Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Vernon Education 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:
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For more financial information, click here
Official website here: www.mtvernonfoundation.org
What is the mission statement of Mt Vernon Education Foundation Inc?
The Mt Vernon Education Foundation is a non-profit organization with a mission to support the students and teachers in their local school corporation. Established to enhance educational opportunities for students, the foundation raises funds to grant projects proposed by teachers. By providing financial support, the foundation aims to enrich the learning experience and foster a conducive learning environment for the students. The organization's efforts contribute to the overall improvement of the school system, offering a better educational experience for thousands of students.
Official website here: www.mtvernonfoundation.org
Who is the CEO of Mt Vernon Education Foundation Inc?
Renee Oldham is the Executive Director of Mt Vernon Education Foundation Inc.
Official website here: www.mtvernonfoundation.org
What is the revenue of Mt Vernon Education Foundation Inc?
Mt Vernon Education Foundation Inc's revenue in 2022 was $186,847.
Official website here: www.mtvernonfoundation.org
Who are the executives of Mt Vernon Education Foundation Inc and what are their salaries?
There 50 volunteers at Mt Vernon Education Foundation Inc.
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Official website here: www.mtvernonfoundation.org
Where can I find the form 990 for Mt Vernon Education Foundation Inc?
Mt Vernon Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mtvernonfoundation.org
Learn more at the official website: www.mtvernonfoundation.org
Mission Statement of Mt Vernon Education Foundation Inc
The Mt Vernon Education Foundation Inc, a non-profit organization, is dedicated to supporting the students and teachers of a specific community school corporation. Their mission is to raise funds and award grants to teachers for projects that augment the educational opportunities for students within the corporation. By doing so, the Foundation aims to enhance the learning experiences and potential for growth among the over 4600 students in the system.
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Impact
October, 2024
Mount Vernon Education Foundation Inc significantly enhances the educational landscape for over 4,600 students within the Mt. Vernon Community School Corporation in Fortville, Indiana. By raising funds, the foundation empowers teachers to implement innovative projects and initiatives, resulting in enriched learning experiences and greater educational opportunities. Through its support, students benefit from enhanced resources, creative programs, and tailored educational approaches that foster engagement and promote academic success. The foundation's ongoing commitment to improving educational outcomes creates a lasting impact on both students and educators in the community.
This information is meant to be a general summary of Mt Vernon Education 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 2022.
- Investment Income: $19
- Gross Receipts: $225,604
Assets and Liabilities:
- Total Assets: $181,023
- Total Liabilities: $7,685
- Net Assets: $173,338
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Organization Details
Founding Year
2007
Phone
(317) 482-4110Principal Officer
Renee Oldham
Main Address
1806 WEST SR 234, FORTVILLE, IN, 46040
Website
www.mtvernonfoundation.orgNTEE Category
Code: B112 - Education
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