Overview
What is Rsu 1 Education Foundation?
The Rsu 1 Education Foundation is a nonprofit organization based in Bath, Maine, with a postal address at 1 Front Street, 04530. Their primary mission is to support and enhance the educational mission of Maine Regional School Unit (RSU) #1, benefiting its teachers and students. This support extends to various fields such as the arts, technology, vocational education, and other relevant areas. The foundation's activities are geared towards this goal, aiming to bolster the educational mission of RSU #1.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Rsu 1 Education Foundation has earned a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. With an overall score of 94%, the organization demonstrates a strong commitment to transparency and responsible stewardship of its resources, assessed entirely through its accountability and finance metrics.
Key strengths include a fully independent board with no conflicts of interest, solid financial ratios, and excellent program expense allocation, with 99.59% of expenses directed towards its programs. The foundation's policies regarding whistleblower protections, document retention, and conflict of interest are all in place, contributing to its strong governance framework.
While the foundation's financial health appears robust, maintaining these high standards is crucial for continued trust from donors and the community. Overall, the Rsu 1 Education Foundation exemplifies effective nonprofit management and a serious commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Rsu 1 Education Foundation legitimate?
Rsu #1 Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rsu #1 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Rsu 1 Education Foundation?
The Rsu 1 Education Foundation's mission is to strengthen the educational mission of Maine RSU #1. This is achieved by providing support and enhancement in various educational sectors, such as the arts, technology, vocational education, and other relevant areas. The primary goal is to bolster the educational experience of RSU #1's teachers and students. The foundation aims to contribute positively to the learning environment and facilitate growth in these key areas.
Who is the CEO of Rsu 1 Education Foundation?
William T Racine is the President of Rsu #1 Education Foundation.
What is the revenue of Rsu 1 Education Foundation?
Rsu 1 Education Foundation's revenue in 2023 was $45,717.
Who are the executives of Rsu 1 Education Foundation and what are their salaries?
There 5 volunteers at Rsu 1 Education Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 Rsu 1 Education Foundation?
Rsu 1 Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Rsu 1 Education Foundation
The Rsu 1 Education Foundation's primary mission is to strengthen the educational mission of Maine RSU #1. This nonprofit organization aims to support and enhance the educational experiences of both teachers and students within various domains. The Foundation's efforts are primarily focused on areas such as the arts, technology, and vocational education, among others. By providing resources and assistance in these areas, the Rsu 1 Education Foundation seeks to contribute positively to the overall educational journey of the pupils and instructors within Maine RSU #1.
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Impact
August, 2024
Rsu 1 Education Foundation enhances the educational mission of Maine RSU #1 by supporting its teachers and students in various areas such as the arts, technology, vocational education, and more. Through its initiatives, the foundation aims to enrich the learning experiences of students within RSU #1, contributing to their overall academic success and personal growth. Their dedication to bolstering educational opportunities reflects a commitment to advancing and strengthening the educational landscape of the community.
This information is meant to be a general summary of Rsu 1 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 2023.
- Investment Income: $1,822
- Gross Receipts: $45,717
Assets and Liabilities:
- Total Assets: $67,190
- Total Liabilities: $0
- Net Assets: $67,190
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Organization Details
Founding Year
2009
Phone
(207) 443-5716Principal Officer
William T Racine
Main Address
1 FRONT STREET, BATH, ME, 04530
NTEE Category
Code: B112 - Education
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