Overview
What is Friends Of Golden Door School Inc?
Friends of Golden Door School Inc is a New Jersey-based nonprofit organization, specifically located at 3040 Kennedy Blvd, Jersey City. Their primary mission is to facilitate the growth and expansion of the Golden Door Charter School. To achieve this, they focus on renovating and improving buildings, including the addition of specialized classrooms for art, computers, music, and a gymnasium. This expansion aims to better serve the school's needs and provide a more comprehensive learning environment for its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while Friends Of Golden Door School Inc demonstrates some strong financial practices, there are significant areas that need improvement. The organization shows a high program expense ratio of 99.26%, highlighting its commitment to utilizing the majority of its funds towards its programs and services.
However, the nonprofit faces challenges with transparency and governance. While it boasts a fully independent board and has no issues with material asset diversion, it lacks key policies such as a conflict of interest policy, whistleblower policy, and a documented retention and destruction policy. Additionally, the absence of its tax form on the website raises concerns about accessibility and transparency for potential donors.
Overall, Friends Of Golden Door School Inc shows promise through its strong program focus and independent governance. Yet, to improve its rating and strengthen donor confidence, it should address its governance policies and ensure that essential documents are readily available for public viewing.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Golden Door School Inc legitimate?
Friends Of Golden Door School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Golden Door School 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Friends Of Golden Door School Inc?
The mission of Friends Of Golden Door School Inc is centered around facilitating the growth and expansion of the Golden Door Charter School. This non-profit organization aims to achieve this by focusing on renovations and improvements to the school's buildings. The ultimate goal is to create specialized classrooms for subjects such as art, computers, and music, as well as a dedicated gymnasium, thereby enhancing the educational experience for the students.
Who is the CEO of Friends Of Golden Door School Inc?
Paul Velelis is the President of Friends Of Golden Door School Inc.
What is the revenue of Friends Of Golden Door School Inc?
Friends Of Golden Door School Inc's revenue in 2022 was $912,226.
Who are the executives of Friends Of Golden Door School Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Friends Of Golden Door School Inc?
Friends Of Golden Door School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Golden Door School Inc
Friends of Golden Door School Inc, as a not-for-profit organization, is dedicated to fostering the expansion and development of the Golden Door Charter School. Their mission is centered around facilitating this growth through renovations and improvements to the school's buildings. This transformation aims to create specialized classrooms for subjects such as art, computers, and music, as well as a gymnasium, thereby enhancing the educational environment for the school's students.
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Impact
October, 2024
Friends Of Golden Door School Inc plays a crucial role in enhancing educational opportunities by facilitating the growth and expansion of the Golden Door Charter School in Jersey City, NJ. Their efforts focus on renovating and improving school facilities, enabling the creation of specialized classrooms for art, computers, and music, as well as a dedicated gymnasium. This investment in infrastructure not only enriches the learning environment but also provides students with access to diverse educational resources and activities, fostering a well-rounded education. By prioritizing these improvements, they contribute significantly to the overall development of the student body and the community, ensuring that every child has the opportunity to thrive in a supportive and resource-rich atmosphere.
This information is meant to be a general summary of Friends Of Golden Door School 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: $12,208
- Program Service Revenue: $900,018
- Gross Receipts: $912,226
Assets and Liabilities:
- Total Assets: $12,302,680
- Total Liabilities: $11,244,861
- Net Assets: $1,057,819
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL BUILDING RENTAL
Revenue
$900,018
Organization Details
Founding Year
2010
Phone
(201) 795-4400Principal Officer
Paul Velelis
Main Address
3040 KENNEDY BLVD, JERSEY CITY, NJ, 07306
NTEE Category
Code: B112 - Education
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