Overview
What is Random Lake Education Foundation Inc?
Random Lake Education Foundation Inc, located at 605 Random Lake Road, Random Lake, Wisconsin 53075, is a nonprofit organization that provides financial assistance to graduating high school students from Random Lake. Their primary mission is to offer scholarships, enabling these students to pursue their life goals that might otherwise remain out of reach due to financial constraints. The foundation's activities aim to empower these individuals, fostering personal growth and development within the community.
Official website here: www/ramdomlakeeducationfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%
The Random Lake Education Foundation Inc has received a Three-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 83%. This rating is derived solely from its Accountability & Finance metrics, indicating a strong focus on responsible financial practices and transparency. The foundation demonstrates an exemplary governance structure with a fully independent board and no material diversion of assets.
Strengths of the organization include a high program expense ratio, with 95.54% of its expenses directed towards programs. This indicates a strong commitment to its mission and effective use of resources. Additional strengths are highlighted in its governance practices, including a complete conflict of interest policy and the availability of board meeting minutes.
However, the foundation does have some areas for improvement, specifically regarding the absence of a whistleblower policy and document retention guidelines. Addressing these gaps could further enhance its accountability and ensure that the organization maintains a robust ethical framework as it continues to serve its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is Random Lake Education Foundation Inc legitimate?
Random Lake Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Random Lake Education Foundation 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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Official website here: www/ramdomlakeeducationfoundation.com
What is the mission statement of Random Lake Education Foundation Inc?
The Random Lake Education Foundation Inc's mission is centered around providing financial aid and scholarships to students attending Random Lake High School. This assistance is crucial in enabling these students to pursue their life goals, which might otherwise remain unattainable due to financial constraints. The foundation's primary objective is to empower these students, broadening their opportunities and fostering their personal growth. They issue monetary scholarships to deserving graduating high school students, thereby contributing to their future success.
Official website here: www/ramdomlakeeducationfoundation.com
Who is the CEO of Random Lake Education Foundation Inc?
Todd Miller is the President of Random Lake Education Foundation Inc.
Official website here: www/ramdomlakeeducationfoundation.com
What is the revenue of Random Lake Education Foundation Inc?
Random Lake Education Foundation Inc's revenue in 2022 was $111,581.
Official website here: www/ramdomlakeeducationfoundation.com
Who are the executives of Random Lake Education Foundation Inc and what are their salaries?
There 7 volunteers at Random Lake Education Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www/ramdomlakeeducationfoundation.com
Where can I find the form 990 for Random Lake Education Foundation Inc?
Random Lake Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www/ramdomlakeeducationfoundation.com
Learn more at the official website: www/ramdomlakeeducationfoundation.com
Mission Statement of Random Lake Education Foundation Inc
The Random Lake Education Foundation Inc, as its name suggests, is an organization committed to providing scholarships and financial assistance to students at Random Lake High School. Its mission is to create opportunities for these students to achieve their life goals, which might otherwise remain unattainable due to financial constraints. By issuing monetary scholarships to graduating high school students, the foundation plays a significant role in empowering young individuals to pursue their dreams and ambitions, thereby enriching their lives and contributing to the broader community.
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Impact
October, 2024
Random Lake Education Foundation Inc significantly impacts the community by providing scholarships and financial support to graduating high school students. This assistance empowers students to pursue educational and career opportunities that they might not be able to afford otherwise, helping them achieve essential life goals. By removing financial barriers, the foundation plays a crucial role in fostering academic success and enabling individuals to reach their full potential. This support not only enhances the lives of the students directly benefiting from the scholarships but also contributes to the overall development of the community in Random Lake, Wisconsin.
This information is meant to be a general summary of Random Lake Education Foundation 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: $11
- Gross Receipts: $111,581
Assets and Liabilities:
- Total Assets: $515,366
- Total Liabilities: $0
- Net Assets: $515,366
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Organization Details
Founding Year
2010
Phone
(920) 994-4342Principal Officer
Todd Miller
Main Address
605 RANDOM LAKE ROAD, RANDOM LAKE, WI, 53075
NTEE Category
Code: B122 - Education
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