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Cedar Grove-Belgium Education Foundation

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

EIN: 262179672 ✦ Cedar grove, WI ✦ Designated as a 501(c)(3)

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Overview

What is Cedar Grove-Belgium Education Foundation?

The Cedar Grove-Belgium Education Foundation is a nonprofit organization dedicated to supporting educational growth within its local school district, serving approximately 1,100 students. By funding various opportunities and collaborating with educators, the foundation aims to enhance the learning environment for these students. Furthermore, the organization extends its support by offering scholarships to deserving students from the district, enabling them to pursue higher education.


Official website here: www.cgbfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The Cedar Grove-Belgium Education Foundation has earned an 83% rating from Charity Navigator, reflecting a solid level of accountability and financial health. The organization boasts a fully independent board, with all members meeting the criteria for independence. It also shows strong performance with a program expense ratio of 98.85%, indicating that nearly all funds are directed toward its educational initiatives.

While the foundation has many strengths, there are notable areas for improvement. The absence of a whistleblower policy and a document retention and destruction policy raises concerns about governance practices. Additionally, the foundation does not post its tax form on its website, which could limit transparency for potential donors and stakeholders.

Overall, the Cedar Grove-Belgium Education Foundation demonstrates effective financial management and commitment to its mission, but addressing the noted governance gaps could enhance its operational integrity and public trust.


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

Is Cedar Grove-Belgium Education Foundation legitimate?

Cedar Grove-Belgium Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Grove-Belgium 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cgbfoundation.com

What is the mission statement of Cedar Grove-Belgium Education Foundation?

The Cedar Grove-Belgium Education Foundation's mission is centered around funding educational opportunities and aiding educators in their delivery. This commitment extends to around 1,100 students within the school district. Additionally, the foundation provides scholarships to deserving students from the same district, enabling them to pursue higher education at colleges. In essence, the foundation's mission is to support and enhance educational prospects for its students.


Official website here: www.cgbfoundation.com

Who is the CEO of Cedar Grove-Belgium Education Foundation?

Darcy Johnson is the President of Cedar Grove-Belgium Education Foundation.


Official website here: www.cgbfoundation.com

What is the revenue of Cedar Grove-Belgium Education Foundation?

Cedar Grove-Belgium Education Foundation's revenue in 2022 was $118,357.


Official website here: www.cgbfoundation.com

Who are the executives of Cedar Grove-Belgium Education Foundation and what are their salaries?


Here are 4 key members and their salaries:


Eric Veldhorst (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Heimerman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Engevold (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darcy Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cgbfoundation.com

Where can I find the form 990 for Cedar Grove-Belgium Education Foundation?

Cedar Grove-Belgium Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cgbfoundation.com

Learn more at the official website: www.cgbfoundation.com

Mission Statement of Cedar Grove-Belgium Education Foundation

The Cedar Grove-Belgium Education Foundation is dedicated to funding educational opportunities and aiding educators in their provision for around 1,100 students within the school district. Beyond this, the foundation extends its support by offering scholarships to deserving students hailing from the Cedar Grove-Belgium school district, enabling them to embark on their college journeys. By providing these resources, the foundation plays a significant role in expanding the educational horizons of its beneficiaries and contributing to their overall development.

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Impact




October, 2024

The Cedar Grove-Belgium Education Foundation significantly enhances educational opportunities for approximately 1,100 students in the Cedar Grove-Belgium school district. By funding various programs and resources, it empowers educators to deliver enriched learning experiences. Furthermore, the foundation offers scholarships to selected students, enabling them to pursue higher education and expand their academic horizons. This dual focus on funding educational initiatives and supporting students’ college aspirations fosters a stronger, more vibrant educational community, ultimately contributing to the academic and personal growth of the students served.




This information is meant to be a general summary of Cedar Grove-Belgium 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.

Revenue
$118,357 (2022)
Expenses
$144,862 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $76,146
  • Gross Receipts: $118,357

Assets and Liabilities:

  • Total Assets: $1,937,501
  • Total Liabilities: $0
  • Net Assets: $1,937,501

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Organization Details

Founding Year

2014

Principal Officer

Darcy Johnson

Main Address

PO Box 257, Cedar Grove, WI, 53013

NTEE Category

Code: B112 - Education

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