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Friends Of Ascension Catholic Grade School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271530388 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Ascension Catholic Grade School?

Friends of Ascension Catholic Grade School is a nonprofit organization based in Minneapolis, Minnesota, specifically located at 1723 Bryant Avenue North, with the mission to provide support and raise funds for Ascension Catholic Grade School. Their primary objective is to contribute financially to the educational institution, ensuring its continued operation and growth. While the information provided is limited, it implies that the organization is dedicated to the well-being and success of Ascension Catholic Grade School.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86%, Three-Star out of Four Star rating.

Friends Of Ascension Catholic Grade School has received a strong 86% rating, indicating a solid performance in accountability and finance. This rating is notably derived entirely from the Accountability & Finance category, reflecting the organization's commitment to transparency and responsible financial management.

The organization boasts a fully independent board, which is a positive sign of governance, as evidenced by their perfect score in this area. Their financial oversight is rigorous, with no material diversion of assets reported and a high program expense ratio of 97.04%, suggesting that the majority of funds are directed toward their programs rather than administrative costs.

While the organization demonstrates significant strengths in governance and financial practices, the lack of a comprehensive multi-beacon evaluation limits the assessment of other operational aspects. Nonetheless, the data available indicates that Friends Of Ascension Catholic Grade School is effectively managing its resources and adhering to strong accountability standards.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Ascension Catholic Grade School legitimate?

Friends Of Ascension Catholic Grade School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Ascension Catholic Grade School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Friends Of Ascension Catholic Grade School?

The mission of Friends Of Ascension Catholic Grade School is centered around raising funds for Ascension Catholic Grade School. This organization strives to provide support to the educational institution, working towards its continued success and growth. By undertaking fundraising activities, Friends Of Ascension Catholic Grade School aims to contribute to the school's resources and overall well-being, ensuring a positive learning environment for its students.

Who is the CEO of Friends Of Ascension Catholic Grade School?

Susan Colianni is the Chairman of Friends Of Ascension Catholic Grade School.

What is the revenue of Friends Of Ascension Catholic Grade School?

Friends Of Ascension Catholic Grade School's revenue in 2022 was $574,793.

Who are the executives of Friends Of Ascension Catholic Grade School and what are their salaries?

There 10 volunteers at Friends Of Ascension Catholic Grade School.


Here are 9 key members and their salaries:


Susan Colianni (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia A Stromen (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Conlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Imholte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Korogi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark H Rauenhorst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Dayton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Mahoney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of Ascension Catholic Grade School?

Friends Of Ascension Catholic Grade School's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of Ascension Catholic Grade School

Friends of Ascension Catholic Grade School is an organization committed to raising funds for Ascension Catholic Grade School. Their mission is to provide support to the school, ensuring its continued operation and success. By raising funds, they aim to cover various expenses and contribute to the overall well-being of the educational institution. The organization's efforts are instrumental in maintaining the quality education and resources offered to the students of Ascension Catholic Grade School.

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Impact




July, 2024

Friends Of Ascension Catholic Grade School's impact is significant in supporting the educational initiatives of Ascension Catholic Grade School in Minneapolis, MN. The organization plays a crucial role in raising funds to enhance the school's programs and facilities, ultimately benefiting the students, staff, and community. By providing vital support and resources, Friends Of Ascension Catholic Grade School contributes to the overall educational experience and success of the school, thereby making a positive impact on the lives of those involved. Their dedication to supporting education underscores their commitment to fostering a vibrant learning environment for the students at Ascension Catholic Grade School.




This information is meant to be a general summary of Friends Of Ascension Catholic Grade School. 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.

Revenue
$574,793 (2022)
Expenses
$896,048 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $59,032
  • Gross Receipts: $582,867

Assets and Liabilities:

  • Total Assets: $3,954,184
  • Total Liabilities: $0
  • Net Assets: $3,954,184

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Organization Details

Founding Year

2009

Principal Officer

Susan Colianni

Main Address

1723 BRYANT AVENUE NORTH, MINNEAPOLIS, MN, 55411

NTEE Category

Code: B11 - Education

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