Overview
What is Otto-Eldred Education Foundation?
The Otto-Eldred Education Foundation is a nonprofit organization situated in Duke Center, Pennsylvania. Its primary mission is to support charitable and educational purposes within the Otto-Elred School District. They achieve this by awarding scholarships to eligible students, as demonstrated by their distribution of 17 scholarships in 2021. The foundation's activities aim to enhance scholastic excellence, maximize the potential of students and staff, and build upon the existing achievements in the Otto-Eldred Public Schools. By providing resources and expanding learning opportunities, the foundation aims to further bolster the fine work already being carried out in the district.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating. This rating reflects the Otto-Eldred Education Foundation's strong commitment to accountability and finance, with a perfect score in several key areas. The foundation has achieved a 100% score for having a majority of independent board members, showcasing its governance strength and commitment to ethical oversight.
The foundation maintains a low liabilities to assets ratio of 0.00%, indicating a solid financial position and effective management of its resources. Furthermore, it has demonstrated excellence in program expenses, with a 100% program expense ratio, ensuring that contributions directly support its educational initiatives.
Despite these strengths, the rating is derived exclusively from financial accountability metrics, which may limit insights into the foundation's overall impact or effectiveness in achieving its educational goals. Overall, the charity shows a strong financial health profile but lacks information on program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Otto-Eldred Education Foundation legitimate?
Otto-Eldred Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Otto-Eldred Education 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Otto-Eldred Education Foundation?
The Otto-Eldred Education Foundation's mission is to collect and distribute resources to enhance scholastic excellence. This is achieved by expanding learning opportunities, maximizing the potential of students and staff, and building upon the existing efforts in the Otto- Eldred public schools. By doing so, the foundation aims to promote academic growth and development within the educational sector. In 2021, they awarded 17 scholarships to eligible students, furthering their commitment to supporting educational pursuits.
Who is the CEO of Otto-Eldred Education Foundation?
Steven Hepfer is the President of Otto-Eldred Education Foundation.
What is the revenue of Otto-Eldred Education Foundation?
Otto-Eldred Education Foundation's revenue in 2021 was $4,687.
Who are the executives of Otto-Eldred Education Foundation and what are their salaries?
There 9 volunteers at Otto-Eldred Education Foundation.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Otto-Eldred Education Foundation?
Otto-Eldred Education Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Otto-Eldred Education Foundation
The Otto-Eldred Education Foundation is committed to supporting and enhancing scholastic excellence within the educational system. They achieve this mission by proactively seeking and managing resources that serve to expand learning opportunities, maximize student and staff potential, and build upon the existing accomplishments in the Otto- Eldred Public Schools. In simpler terms, the foundation aims to boost academic success by providing additional learning chances and fostering personal growth among students and teachers. In 2021, the foundation awarded scholarships to 17 eligible students, further demonstrating their commitment to supporting and fostering educational success.
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Impact
August, 2024
The Otto-Eldred Education Foundation's impact is significant in promoting and complementing scholastic excellence within the Otto-Eldred Public Schools. By receiving and allocating resources, the foundation expands learning opportunities, maximizes student and staff potential, and advances the high-quality work already taking place in the district. In 2021, the foundation awarded 17 scholarships to eligible students, demonstrating its tangible support for educational pursuits and academic achievement.
This information is meant to be a general summary of Otto-Eldred Education 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 2021.
- Investment Income: $34
- Gross Receipts: $4,687
Assets and Liabilities:
- Total Assets: $496,380
- Total Liabilities: $0
- Net Assets: $496,380
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Organization Details
Founding Year
2010
Principal Officer
Steven Hepfer
Main Address
143 R L SWEITZER DRIVE, DUKE CENTER, PA, 16729
NTEE Category
Code: B82 - Education
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