Overview
What is The Ann Richards School Foundation?
The Ann Richards School Foundation, located at 2309 Panther Trail, Austin, Texas 78704, is a nonprofit organization dedicated to supporting the Ann Richards School, a public school within the Austin Independent School District. Its primary mission is to augment the school's budget by providing supplemental funding for programs in Science, Technology, Engineering, and Math (STEM), Leadership, Wellness, and To and Through College. The Foundation aims to elevate the quality of education at the school by offering additional resources in these areas. With a staff of four individuals, this organization carefully selects and funds programs that are not covered by the school district's budget, ultimately enhancing the learning experience for the students.
Official website here: www.annrichardsschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
The Ann Richards School Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is heavily influenced by its 92% Accountability & Finance score, indicating a solid financial management approach. The foundation boasts an independent board of directors, with 100% of members being independent, which enhances governance and oversight.
Strengths of the organization include a high program expense ratio of 74.55%, demonstrating a commitment to allocating funds towards its programs rather than administrative costs. Additionally, the foundation has no material diversion of assets, which contributes to its financial integrity. However, there are some areas for improvement, such as the absence of a whistleblower policy and document retention and destruction policy, which are missing from their oversight framework.
Overall, while The Ann Richards School Foundation presents a strong accountability profile, addressing the noted gaps in policy could further strengthen its governance practices. The high levels of transparency and independence are notable strengths that contribute to its positive ratings.
This AI summary has been generated from information found on Charity Navigator.
Is The Ann Richards School Foundation legitimate?
The Ann Richards School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ann Richards 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: $112,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,868
For more financial information, click here
Official website here: www.annrichardsschool.org
What is the mission statement of The Ann Richards School Foundation?
The Ann Richards School Foundation's mission is centered around raising funds to augment the educational programs at the Ann Richards School, a public institution within the Austin Independent School District. The primary goal of the foundation is to enhance the school's offerings, particularly in the areas of Science, Technology, Engineering, and Mathematics (STEM), Leadership, Wellness, and preparing students for higher education. By providing supplemental financing, the foundation ensures that the Ann Richards School can maintain a high standard of education, exceeding what is typically covered by the district's budget.
Official website here: www.annrichardsschool.org
Who is the CEO of The Ann Richards School Foundation?
Peggy Hanley is the Executive Director of The Ann Richards School Foundation.
Official website here: www.annrichardsschool.org
What is the revenue of The Ann Richards School Foundation?
The Ann Richards School Foundation's revenue in 2022 was $1,327,021.
Official website here: www.annrichardsschool.org
Who are the executives of The Ann Richards School Foundation and what are their salaries?
The average compensation at The Ann Richards School Foundation during 2022 was $73,345. There are 4 employees and 28 volunteers at The Ann Richards School Foundation.
Here are 26 key members and their salaries:
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- Other: $9,663
Official website here: www.annrichardsschool.org
Where can I find the form 990 for The Ann Richards School Foundation?
The Ann Richards School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.annrichardsschool.org
Learn more at the official website: www.annrichardsschool.org
Mission Statement of The Ann Richards School Foundation
The Ann Richards School Foundation is a nonprofit organization with a mission to boost the educational programs at the Ann Richards School, a public institution within the Austin Independent School District. Its primary goal is to raise funds to augment the school's budget, enabling it to offer top-tier education in areas such as Science, Technology, Engineering, and Mathematics (STEM), Leadership, Wellness, and To and Through College. By providing supplemental funding, The Ann Richards School Foundation contributes to the school's overall success, ensuring it can offer a comprehensive and high-quality educational experience.
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Impact
October, 2024
The Ann Richards School Foundation significantly enhances the educational experience at the Ann Richards School in Austin, TX, by providing essential resources that elevate programs beyond the standard curriculum. Through targeted fundraising efforts, the Foundation secures supplemental funding for crucial areas such as Science, Technology, Engineering, and Math (STEM), leadership development, wellness initiatives, and college preparedness programs. This financial support ensures that students receive a high-quality education tailored to their needs, fostering a rich learning environment that promotes academic excellence and personal growth. By bridging gaps not covered by the Austin Independent School District budget, the Foundation plays a vital role in preparing students for future success and empowering them to thrive in their educational journeys.
This information is meant to be a general summary of The Ann Richards 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $283,367
- Gross Receipts: $1,418,468
Assets and Liabilities:
- Total Assets: $8,598,210
- Total Liabilities: $32,720
- Net Assets: $8,565,490
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Organization Details
Founding Year
2009
Phone
(512) 414-3236Principal Officer
Peggy Hanley
Main Address
2309 Panther Trail, Austin, TX, 78704
Website
www.annrichardsschool.orgNTEE Category
Code: B11 - Education
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