Overview
What is Brooke School Foundation Inc?
Brooke School Foundation Inc is a charitable organization, situated in Roslindale, Massachusetts, with a mission to bolster the financial health of the Brooke Charter Schools. This nonprofit entity gathers, manages, and utilizes funds for the construction, operation, and maintenance of these schools. Beyond this, Brooke School Foundation Inc engages in various other philanthropic activities, aiming to enhance educational opportunities for children in the Boston area. Specifically, they focus on supporting the financial well-being of the Brooke Charter Schools, its students, and its graduates.
Official website here: www.ebrooke.org
What are the reviews and ratings of this charity?
90% rating from Charity Navigator.
The Brooke School Foundation Inc has achieved a Four-Star out of Four Star rating due to its strong performance in accountability and finance, scoring 90%. This high score reflects a well-managed organization with a significant commitment to ensuring financial integrity, as evidenced by its lack of material asset diversion and a solid program expense ratio of 98.86%.
While the organization demonstrates strengths, such as a fully independent board and strong financial oversight measures, it has encountered limitations. Notably, it scored zero points for its independent board size, indicating potential concerns regarding board composition. Additionally, the absence of tax form distribution to the board prior to filing detracted from its overall accountability score, reflecting areas for improvement in governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Brooke School Foundation Inc legitimate?
Brooke School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooke School 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
For more financial information, click here
Official website here: www.ebrooke.org
What is the mission statement of Brooke School Foundation Inc?
The Brooke School Foundation's mission is to enhance educational opportunities for children in the Boston area, with a specific focus on promoting the financial well-being of the Brooke Charter Schools. To accomplish this, the foundation solicits, receives, and administers funds for the construction, operation, and maintenance of the schools. The organization also engages in any other charitable activities to support these schools and their students. The mission of the Brooke School Foundation is to contribute to the success of these schools, thereby benefiting their students and graduates financially and educationally.
Official website here: www.ebrooke.org
Who is the CEO of Brooke School Foundation Inc?
Jon Clark is the President of Brooke School Foundation Inc.
Official website here: www.ebrooke.org
What is the revenue of Brooke School Foundation Inc?
Brooke School Foundation Inc's revenue in 2022 was $3,752,035.
Official website here: www.ebrooke.org
Who are the executives of Brooke School Foundation Inc and what are their salaries?
There 3 volunteers at Brooke School Foundation Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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Official website here: www.ebrooke.org
Where can I find the form 990 for Brooke School Foundation Inc?
Brooke School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ebrooke.org
Learn more at the official website: www.ebrooke.org
Mission Statement of Brooke School Foundation Inc
The Brooke School Foundation Inc is committed to enhancing educational opportunities for children in the Boston area, with a special focus on promoting the financial well-being of the Brooke Charter Schools. The mission of this organization is twofold. Firstly, it endeavors to secure and manage funds for the construction, operation, and maintenance of these schools. Secondly, it is involved in any other charitable activities that can contribute to the betterment of these educational institutions. In essence, the Brooke School Foundation Inc works tirelessly to ensure the financial stability and success of the Brooke Charter Schools, thereby providing a conducive learning environment for its students and graduates.
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Impact
October, 2024
Brooke School Foundation Inc significantly enhances educational opportunities for children in the Boston area by promoting the financial well-being of Brooke Charter Schools. Through diligent fundraising efforts, the foundation secures essential funds that support the construction, operation, and maintenance of these schools. This financial backing not only ensures that the schools can provide a high-quality education but also extends resources to students and graduates, empowering them to succeed academically and beyond. By investing in the educational infrastructure and supporting the needs of students, the foundation plays a vital role in fostering a thriving learning environment that contributes to the long-term success of the community.
This information is meant to be a general summary of Brooke School 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: $1,599,572
- Gross Receipts: $3,752,035
Assets and Liabilities:
- Total Assets: $40,538,327
- Total Liabilities: $12,672,531
- Net Assets: $27,865,796
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Organization Details
Founding Year
2003
Phone
(617) 325-7977Principal Officer
Jon Clark
Main Address
190 CUMMINS HWY, ROSLINDALE, MA, 02131
Website
www.ebrooke.orgNTEE Category
Code: B11 - Education
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