Overview
What is The Detroit Public Schools Foundation?
The Detroit Public Schools Foundation, situated in Detroit, Michigan, serves as a crucial resource for the Detroit Public Schools Community District. With a substantial funding of 18 million dollars, they provide essential resources and wraparound supportive services to families, foster academic enrichment, and promote career and college-readiness among students. Additionally, the foundation offers training and development programs for teachers, all in an effort to create and enhance educational opportunities for over 50,000 students, families, and educators within the district. The Detroit Public Schools Foundation, as a nonprofit, fulfills its mission by responsibly managing donations to ensure the district's students and families can realize their full potential.
Official website here: www.dpsfdn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
The Detroit Public Schools Foundation (DPSF) has received a Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management. The organization scores exceptionally well in several key areas, including having a fully independent board and maintaining a strong program expense ratio of over 90%. This suggests that the majority of their funds are directed towards their programs rather than administrative costs.
User feedback supports the foundation's strong reputation, with positive remarks highlighting its mission to support the Detroit Public Schools system and its impact on students. One notable review from a volunteer emphasizes the foundation's effective teamwork and dedication to improving the educational landscape for children in Detroit, further cementing its role as a valuable partner in the community.
While the financial indicators are robust, the concentration on accountability means that there is limited discussion of the specific outcomes or impact of their programs in the feedback. Nonetheless, the combination of high financial ratings and favorable user experiences paints a positive picture of the organization’s operations and its commitment to serving the educational needs of the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Detroit Public Schools Foundation legitimate?
The Detroit Public Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Detroit Public Schools 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: $156,858
Professional Fundraising Fees: $0
Other Salaries and Wages: $322,673
For more financial information, click here
Official website here: www.dpsfdn.org
What is the mission statement of The Detroit Public Schools Foundation?
The Detroit Public Schools Foundation's mission is centered around expanding educational opportunities for the students, families, and educators within the Detroit Public Schools Community District. This mission is aimed at empowering over 50,000 students to reach their full potential. The foundation accomplishes this by managing donations and utilizing them to provide resources, such as wraparound supportive services for families, academic enrichment programs for students, and teacher training and development programs. In essence, the Detroit Public Schools Foundation works to enhance the educational experience for its community by overseeing and allocating funds effectively.
Official website here: www.dpsfdn.org
Who is the CEO of The Detroit Public Schools Foundation?
Beth Correa is the President/Ceo of The Detroit Public Schools Foundation. The CEO's salary of The Detroit Public Schools Foundation is $156,858 and their total compensation is $156,858.
Official website here: www.dpsfdn.org
What is the revenue of The Detroit Public Schools Foundation?
The Detroit Public Schools Foundation's revenue in 2022 was $3,244,071.
Official website here: www.dpsfdn.org
Who are the executives of The Detroit Public Schools Foundation and what are their salaries?
The average compensation at The Detroit Public Schools Foundation during 2022 was $53,281. There are 9 employees at The Detroit Public Schools Foundation.
Here are 30 key members and their salaries (The Detroit Public Schools Foundation's CEO's salary is $156,858 and their total compensation is $156,858):
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Official website here: www.dpsfdn.org
Where can I find the form 990 for The Detroit Public Schools Foundation?
The Detroit Public Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dpsfdn.org
Learn more at the official website: www.dpsfdn.org
Mission Statement of The Detroit Public Schools Foundation
The Detroit Public Schools Foundation, abbreviated as DPSF, is dedicated to augmenting educational prospects for the community of over 50,000 students, families, and educators within the Detroit Public Schools Community District. Their mission is multifaceted, aiming to guarantee that these individuals can realize their full potential. This objective is achieved through the responsible management of donations, which DPSF uses to supply resources and comprehensive supportive services to families, foster academic enrichment, and prepare students for college and careers. Furthermore, DPSF invests in the professional development of educators, offering them training programs to enhance their skills and effectiveness in the classroom.
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Impact
October, 2024
The Detroit Public Schools Foundation significantly enhances educational opportunities for over 50,000 students, families, and educators within the Detroit Public Schools Community District. By managing $18 million in funding, it provides crucial resources and wraparound supportive services, ensuring that students receive academic enrichment and are well-prepared for college and careers. The foundation also focuses on training and development programs for teachers, fostering a more effective educational environment. Through these initiatives, it plays a vital role in helping the Detroit community reach its full potential.
This information is meant to be a general summary of The Detroit Public Schools 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 2022.
- Investment Income: -$11,687
- Program Service Revenue: $261,983
- Gross Receipts: $3,244,071
Assets and Liabilities:
- Total Assets: $5,132,449
- Total Liabilities: $458,630
- Net Assets: $4,673,819
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$261,983
Organization Details
Founding Year
2002
Phone
(313) 873-3348Principal Officer
Beth Correa
Main Address
3011 WEST GRAND BLVD APT 1004, DETROIT, MI, 48202
Website
www.dpsfdn.orgNTEE Category
Code: B11 - Education
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