Overview
What is Cardinal Education Foundation Inc?
The Cardinal Education Foundation is a nonprofit organization situated in North Richland Hills, Texas. Its primary mission is to bolster the educational experience at Fort Worth Christian School, a non-profit Christian institution. They achieve this by periodically providing financial resources to enhance the school's learning environment, processes, and opportunities. The foundation also manages these funds, ensuring they contribute positively to the school's educational growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Cardinal Education Foundation Inc has received an 80% rating from Charity Navigator, which indicates a solid performance in terms of accountability and finance. The organization boasts a perfect score for having a majority of independent board members and for effectively managing its assets without any material diversion, reflecting a strong commitment to ethical governance.
The foundation demonstrates a high level of financial health, with a program expense ratio of 91.30%, suggesting that a significant portion of its expenditures directly supports its mission. Additionally, the organization has implemented essential oversight practices, including a conflict of interest policy and documented board meeting minutes, further enhancing its accountability.
While the three-star rating signifies a respectable standing, it also indicates room for growth. Continued efforts to improve transparency and operational effectiveness could elevate its rating further in the future, ensuring that it remains a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Cardinal Education Foundation Inc legitimate?
Cardinal Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cardinal 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cardinal Education Foundation Inc?
The Cardinal Education Foundation's mission is centered around supporting the enhancement of education at Fort Worth Christian School, a non-profit Christian institution. From time to time, the foundation provides funds to improve the educational environment, processes, and opportunities within this school. The primary aim is to contribute to the school's overall growth and development, ultimately benefiting its students and faculty. The foundation also manages funds to support these educational initiatives.
Who is the CEO of Cardinal Education Foundation Inc?
Kent Means is the Chairperson of Cardinal Education Foundation Inc.
What is the revenue of Cardinal Education Foundation Inc?
Cardinal Education Foundation Inc's revenue in 2022 was $99,748.
Who are the executives of Cardinal Education Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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- Compensation: $187,739
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- Other: $17,810
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Where can I find the form 990 for Cardinal Education Foundation Inc?
Cardinal Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cardinal Education Foundation Inc
The Cardinal Education Foundation, a non-profit organization, is committed to supporting the enhancement of education at Fort Worth Christian School. This is achieved by providing funds on a regular basis, with the primary goal of improving the educational environment, processes, and opportunities available at the school. The foundation's mission is to contribute to the school's growth and development by allocating resources towards enhancing its educational offerings.
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Impact
October, 2024
Cardinal Education Foundation Inc significantly enhances the educational landscape at Fort Worth Christian School in Texas. By providing targeted financial support, the foundation plays a crucial role in improving the educational environment, processes, and opportunities available to students. This assistance enables the school to enrich academic programs, advance learning technologies, and expand extracurricular activities, thereby creating a more holistic educational experience. The foundation's commitment to fostering a supportive learning atmosphere helps empower students, equipping them with the necessary skills and resources to thrive in their academic pursuits.
This information is meant to be a general summary of Cardinal 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: $52,248
- Gross Receipts: $99,748
Assets and Liabilities:
- Total Assets: $965,278
- Total Liabilities: $0
- Net Assets: $965,278
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Organization Details
Founding Year
2010
Phone
(817) 520-6505Principal Officer
Kent Means
Main Address
6200 HOLIDAY LANE, NORTH RICHLAND HILLS, TX, 76180
NTEE Category
Code: B112 - Education
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