Overview
What is Friends Of Confluence Academy?
Friends of Confluence Academy is a nonprofit organization situated in St. Louis, Missouri, specifically at 611 North 10th Street 550. Their primary mission is to raise funds to support the students of Confluence Academy, ensuring they have access to high-quality educational tools and technology. To achieve this goal, they manage the collected funds, working in harmony with Confluence Academy's mission and programs. Their purpose is to enhance the educational experience of the students, ultimately contributing to their overall development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Friends Of Confluence Academy received a low rating of 54% from Charity Navigator, indicating significant concerns regarding its financial performance. The organization scored well in areas such as board independence and compliance policies, with full marks for having 100% independent board members and complete documentation of policies to protect against conflicts of interest, whistleblower issues, and asset diversion. However, the low rating is primarily due to its high liabilities to assets ratio of 84.35% and a program expense ratio of only 36.06%.
The organization demonstrates strong governance practices, with effective oversight mechanisms in place. The independent board structure and policies for operational transparency reflect a commitment to accountability. Nonetheless, the financial metrics suggest that the organization may be struggling to allocate a larger portion of its funds to its programs, which is a critical aspect of nonprofit effectiveness.
Overall, while Friends Of Confluence Academy shows positive governance attributes, its financial challenges hinder its overall rating. Stakeholders should consider these factors when evaluating the organization's ability to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Confluence Academy legitimate?
Friends Of Confluence Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Confluence Academy 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 Confluence Academy?
Friends of Confluence Academy's mission is centered around supporting the mission and programs of Confluence Academy. This support is primarily achieved through fundraising and the effective management of these funds. The primary goal is to provide educational resources for the students of Confluence Academy, enabling them to receive a high-quality education. This may include funding for necessary educational tools and technology. The organization does not directly provide education, but instead, focuses on raising funds to enhance the educational experience for Confluence Academy's students.
Who is the CEO of Friends Of Confluence Academy?
Holston Black Iii is the Chair of Friends Of Confluence Academy.
What is the revenue of Friends Of Confluence Academy?
Friends Of Confluence Academy's revenue in 2022 was -$289,131.
Who are the executives of Friends Of Confluence Academy and what are their salaries?
There 10 volunteers at Friends Of Confluence Academy.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Friends Of Confluence Academy?
Friends Of Confluence Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Confluence Academy
Friends of Confluence Academy is an organization dedicated to supporting the mission and programs of Confluence Academy. Their primary mission involves raising funds and managing these resources effectively. This commitment is aimed at providing educational tools and technology to Confluence Academy's students, ensuring they receive a high-quality education. By doing so, Friends of Confluence Academy plays a crucial role in empowering the students and contributing to their academic success.
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Impact
October, 2024
Friends Of Confluence Academy plays a vital role in enhancing the educational experience for students at Confluence Academy in St. Louis, MO. By spearheading fundraising efforts, they provide essential resources that enable access to high-quality educational tools and technology. This support directly impacts students’ learning environments, ensuring they are equipped with the necessary resources to succeed academically.
Through effective management of funds, Friends Of Confluence Academy ensures that contributions are directed towards initiatives that foster growth and development within the school. As a result, they contribute significantly to the overall educational mission, empowering students to reach their full potential and achieve their aspirations. Their commitment helps create a rich educational landscape, ultimately benefiting the entire community by nurturing informed, skilled individuals.
This information is meant to be a general summary of Friends Of Confluence Academy. 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.
- Gross Receipts: $1,176,562
Assets and Liabilities:
- Total Assets: $21,784,269
- Total Liabilities: $21,693,708
- Net Assets: $90,561
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Organization Details
Founding Year
2010
Phone
(314) 588-8554Principal Officer
Holston Black Iii
Main Address
611 NORTH 10TH STREET 550, ST LOUIS, MO, 63101
NTEE Category
Code: B11 - Education
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