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Evansville Lutheran School Foundation

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

EIN: 262419408 ✦ Evansville, IN ✦ Designated as a 501(c)(3)

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Overview

What is Evansville Lutheran School Foundation?

The Evansville Lutheran School Foundation is a dedicated nonprofit organization located at 120 E Michigan St, Evansville, IN 47711. Its primary mission is to provide long-term financial support for Evansville Lutheran School. This support extends to the school's day-to-day operations, ensuring its continued success and service to the community. The Foundation's activities are centered around financially sustaining the school, demonstrating a strong commitment to its educational mission.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Stars)

The Evansville Lutheran School Foundation holds a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. Their Accountability & Finance score is also 67%, reflecting some strengths, particularly in asset management and program expenses, with a 100% program expense ratio. However, the organization has significant areas for improvement, such as having no independent board members, which raises concerns about governance.

In terms of policies, the Foundation lists a conflict of interest policy and has documented board meeting minutes, which are positive indicators of transparency. However, the absence of a whistleblower policy and a missing website on their tax form suggest potential weaknesses in oversight and public engagement. The organization's liabilities to assets ratio is commendable at 0.00%, indicating it operates without debt.

Overall, while there are notable strengths in program expenses and asset management, the Foundation must address its governance issues and improve its transparency practices to enhance its credibility and effectiveness in the nonprofit sector.


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

Is Evansville Lutheran School Foundation legitimate?

Evansville Lutheran School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evansville Lutheran School 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

What is the mission statement of Evansville Lutheran School Foundation?

The Evansville Lutheran School Foundation's mission is centered around providing financial support for the operation of Evansville Lutheran School. This support is designed to be long-term, ensuring the school's continued success and stability. The foundation's primary goal is to contribute financially to the school's operations, thereby contributing to its overall well-being and continued existence.

Who is the CEO of Evansville Lutheran School Foundation?

Sarah Wittenbreaker is the President of Evansville Lutheran School Foundation.

What is the revenue of Evansville Lutheran School Foundation?

Evansville Lutheran School Foundation's revenue in 2022 was -$6,245.

Who are the executives of Evansville Lutheran School Foundation and what are their salaries?


Here are 4 key members and their salaries:


Sarah Wittenbreaker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luann Pearce (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Waggy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Grimm (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Evansville Lutheran School Foundation?

Evansville Lutheran School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Evansville Lutheran School Foundation

The Evansville Lutheran School Foundation is dedicated to financially supporting the operation of Evansville Lutheran School in a long-term capacity. This nonprofit organization's mission is to ensure the school's continued existence and prosperity by providing necessary financial resources. By doing so, it contributes to the education and growth of students, ultimately contributing to the broader community. The Foundation's mission is a testament to its commitment to the school's success and the importance it places on providing quality education.

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Impact




October, 2024

The Evansville Lutheran School Foundation plays a crucial role in sustaining the educational opportunities at Evansville Lutheran School. By providing long-term financial support, the foundation ensures that the school can maintain its programs, facilities, and resources needed for a quality education. This financial backing enables the school to focus on fostering an enriching environment, where students can thrive academically and spiritually. The foundation’s commitment to supporting the school's operations directly impacts the community by promoting a strong educational framework rooted in faith and learning.




This information is meant to be a general summary of Evansville Lutheran School 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
-$6,245 (2022)
Expenses
$115,165 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$26,245
  • Gross Receipts: $411,805

Assets and Liabilities:

  • Total Assets: $2,484,827
  • Total Liabilities: $0
  • Net Assets: $2,484,827

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Organization Details

Founding Year

2008

Principal Officer

Sarah Wittenbreaker

Main Address

120 E MICHIGAN ST, EVANSVILLE, IN, 47711

NTEE Category

Code: B11 - Education

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