Overview
What is Palacios Isd Educational Foundation?
The Palacios Isd Educational Foundation, located at 1209 12 Street, Palacios, Texas 77465, is a nonprofit organization dedicated to supporting the educational and cultural programs and services within its district. They achieved this by providing scholarships to 25 deserving students from the graduating class of 2022, enabling them to pursue higher education. The foundation's mission aligns with the betterment of the district's educational landscape, striving to contribute positively and significantly to its growth and development.
Official website here: www.palaciosisd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Palacios ISD Educational Foundation has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is based solely on its accountability and financial transparency, which are critical for potential donors assessing the organization's reliability. The foundation demonstrates strong governance with a fully independent board, scoring a perfect 10 out of 10 in both majority independent members and independent board size.
The foundation also excels in financial metrics, with a program expense ratio of 95.85%, indicating that a significant portion of its funds goes directly to mission-related activities. Additionally, there are no reported issues with asset diversion, showcasing effective management of financial resources. However, the organization lacks certain policies, including a conflict of interest policy and a whistleblower policy, which may raise concerns about governance practices.
Overall, while the Palacios ISD Educational Foundation shows impressive strengths in financial accountability and independent governance, the absence of specific policies could suggest areas for improvement in organizational transparency and risk management.
This AI summary has been generated from information found on Charity Navigator.
Is Palacios Isd Educational Foundation legitimate?
Palacios Isd Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palacios Isd Educational 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:
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Official website here: www.palaciosisd.org
What is the mission statement of Palacios Isd Educational Foundation?
The Palacios ISD Educational Foundation is committed to supporting the educational and cultural programs and services within its district. In line with this mission, the foundation provides scholarships to qualified students for higher education purposes. By offering these scholarships, the foundation aims to contribute to the continued education and growth of the district's youth, ultimately enriching the community as a whole. The foundation's activities are centered around supporting the educational needs of the district, fostering a culture of learning and development.
Official website here: www.palaciosisd.org
What is the revenue of Palacios Isd Educational Foundation?
Palacios Isd Educational Foundation's revenue in 2023 was $93,190.
Official website here: www.palaciosisd.org
Who are the executives of Palacios Isd Educational Foundation and what are their salaries?
There 10 volunteers at Palacios Isd Educational Foundation.
Here are 13 key members and their salaries:
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Official website here: www.palaciosisd.org
Where can I find the form 990 for Palacios Isd Educational Foundation?
Palacios Isd Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.palaciosisd.org
Learn more at the official website: www.palaciosisd.org
Mission Statement of Palacios Isd Educational Foundation
The Palacios ISD Educational Foundation is committed to supporting the educational and cultural programs and services within its district. This nonprofit organization's mission is to contribute financially to the development of these programs, aiming to enhance the learning experience and opportunities for students. One of the ways Palacios ISD Educational Foundation accomplishes this is by providing scholarships to qualified students from the graduating class, enabling them to pursue higher education. By doing so, the foundation is not only investing in the future of individual students but also in the broader community, as these students will contribute their knowledge and skills back to society.
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Impact
October, 2024
The Palacios ISD Educational Foundation significantly impacts the local community by enhancing educational and cultural programs within the district. In 2022, the foundation awarded scholarships to 25 qualified graduates, empowering them to pursue higher education. This support not only facilitates access to educational opportunities but also fosters a culture of achievement and aspiration among students. By investing in the future of these young individuals, the foundation plays a crucial role in shaping the educational landscape of Palacios, Texas.
This information is meant to be a general summary of Palacios Isd Educational 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $17,320
- Gross Receipts: $4,717,170
Assets and Liabilities:
- Total Assets: $2,332,048
- Total Liabilities: $0
- Net Assets: $2,332,048
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Organization Details
Founding Year
2007
Principal Officer
Carolyn Kubecka
Website
www.palaciosisd.orgNTEE Category
Code: P43 - Human services
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