Overview
What is Mountain Education Foundation Inc?
Mountain Education Foundation Inc, based in Signal Mountain, Tennessee, is a dedicated nonprofit organization with a mission to support and enhance the educational excellence in the local K-12 public schools. They accomplish this by mobilizing resources and offering strategic investments. The foundation operates with a small team of one dedicated individual, working tirelessly to contribute to the educational growth and development in their community.
Official website here: www.meftoday.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
Mountain Education Foundation Inc has received an 88% rating from Charity Navigator, which reflects a solid performance in terms of accountability and finance. The organization stands out with a 100% score for its independent board members and financial oversight, demonstrating a commitment to transparency and responsible governance.
The foundation has a high program expense ratio of 89.16%, indicating that a significant portion of its funds is directed towards its mission-related activities. However, it does face some limitations, notably the absence of a whistleblower policy and a document retention and destruction policy, which could be areas for improvement in governance practices.
Despite these issues, the foundation’s financial health appears robust, with a low liabilities-to-assets ratio of 2.76%. Overall, while there are some governance policies that need attention, the organization shows a strong commitment to its mission and effective financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Mountain Education Foundation Inc legitimate?
Mountain Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mountain 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:
Executive Compensation: $92,175
Professional Fundraising Fees: $10,810
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.meftoday.org
What is the mission statement of Mountain Education Foundation Inc?
The Mountain Education Foundation Inc's mission is to mobilize resources and offer support for strategic investments in educational excellence. This mission is specifically aimed at enhancing the performance of public schools in Signal Mountain, Tennessee. The foundation's primary objective is to provide ongoing financial assistance to maintain and improve the quality of education from Kindergarten to 12th grade in these schools.
Official website here: www.meftoday.org
Who is the CEO of Mountain Education Foundation Inc?
Hilarie Robison is the Secretary of Mountain Education Foundation Inc.
Official website here: www.meftoday.org
What is the revenue of Mountain Education Foundation Inc?
Mountain Education Foundation Inc's revenue in 2023 was $1,857,428.
Official website here: www.meftoday.org
Who are the executives of Mountain Education Foundation Inc and what are their salaries?
The average compensation at Mountain Education Foundation Inc during 2023 was $92,175. There is 1 employee and 125 volunteers at Mountain Education Foundation Inc.
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- Compensation: $80,338
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Official website here: www.meftoday.org
Where can I find the form 990 for Mountain Education Foundation Inc?
Mountain Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.meftoday.org
Learn more at the official website: www.meftoday.org
Mission Statement of Mountain Education Foundation Inc
Mountain Education Foundation, a nonprofit organization, is committed to mobilizing resources and providing support for strategic investment in educational excellence. Its mission is centered around the public schools in Signal Mountain, Tennessee. The foundation aims to provide ongoing financial backing to ensure and maintain exceptional standards in K-12 education within this region. By doing so, Mountain Education Foundation contributes significantly to the pursuit of academic excellence in the local community, ultimately benefiting the students and educators served by these schools.
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Impact
October, 2024
Mountain Education Foundation Inc plays a crucial role in enhancing educational excellence within Signal Mountain's K-12 public schools. By mobilizing resources and support, the foundation strategically invests in programs and initiatives that elevate the quality of education for local students. Its efforts provide ongoing financial backing, ensuring that schools can maintain high standards and a robust educational environment. This commitment not only enriches the curriculum but also fosters a community dedicated to the academic growth and success of its youth. Through its initiatives, the foundation strengthens the educational landscape, making a lasting impact on both students and the broader community.
This information is meant to be a general summary of Mountain 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 2023.
- Investment Income: $11,103
- Program Service Revenue: $841
- Gross Receipts: $1,925,366
Assets and Liabilities:
- Total Assets: $4,129,053
- Total Liabilities: $114,360
- Net Assets: $4,014,693
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM
Revenue
$841
Organization Details
Founding Year
2008
Phone
(423) 517-0772Principal Officer
Hilarie Robison
Main Address
P O BOX 81, SIGNAL MOUNTAIN, TN, 37377
Website
www.meftoday.orgNTEE Category
Code: B90 - Education
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