Overview
What is Foundation Of The Monroe County Community Schools Inc?
The Foundation of Monroe County Community Schools Inc., located at 315 North Drive, Bloomington, IN 47401, is a dedicated nonprofit organization. Its primary mission is to enhance and improve educational opportunities for students within the Monroe County Community School Corporation (MCCSC). In 2021, they supported various educational initiatives through scholarships, awarding $19,940, and grants for educational programs, amounting to $161,294. The foundation boasts a small workforce of two individuals, committed to making a significant impact in the educational landscape of Monroe County.
Official website here: www.mccsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
The Foundation of the Monroe County Community Schools Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The rating is based entirely on their Accountability & Finance score, which stands at 77%. This score reflects strong governance practices, such as having 100% independent board members and a low liabilities to assets ratio of 5.57%.
Notable strengths include a high program expense ratio of 82.28%, showing that a significant portion of their budget is dedicated to programs rather than administrative costs. Additional governance practices, such as documented board meeting minutes and established conflict of interest and whistleblower policies, contribute positively to their overall accountability.
Limitations in the data are not explicitly mentioned, but potential areas for improvement could include enhancing transparency in other metrics that can contribute to their overall impact rating. Nonetheless, the current data suggests a well-managed organization with a commitment to responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation Of The Monroe County Community Schools Inc legitimate?
Foundation Of The Monroe County Community Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of The Monroe County Community Schools 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: $81,487
Professional Fundraising Fees: $0
Other Salaries and Wages: $443
For more financial information, click here
Official website here: www.mccsfoundation.org
What is the mission statement of Foundation Of The Monroe County Community Schools Inc?
The Foundation of the Monroe County Community Schools Inc. is committed to enhancing and improving the educational opportunities available to all students within the Monroe County Community School Corporation (MCCSC). In pursuit of this mission, the foundation provides resources to support various educational initiatives. During 2021, the foundation awarded scholarships totaling $19,940 and grants worth $161,294 to support educational programs in several schools within Monroe County.
Official website here: www.mccsfoundation.org
Who is the CEO of Foundation Of The Monroe County Community Schools Inc?
Craig P Coffman is the Director of Foundation Of The Monroe County Community Schools Inc.
Official website here: www.mccsfoundation.org
What is the revenue of Foundation Of The Monroe County Community Schools Inc?
Foundation Of The Monroe County Community Schools Inc's revenue in 2022 was $691,735.
Official website here: www.mccsfoundation.org
Who are the executives of Foundation Of The Monroe County Community Schools Inc and what are their salaries?
The average compensation at Foundation Of The Monroe County Community Schools Inc during 2022 was $40,965. There are 2 employees and 100 volunteers at Foundation Of The Monroe County Community Schools Inc.
Here are 21 key members and their salaries:
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Official website here: www.mccsfoundation.org
Where can I find the form 990 for Foundation Of The Monroe County Community Schools Inc?
Foundation Of The Monroe County Community Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mccsfoundation.org
Learn more at the official website: www.mccsfoundation.org
Mission Statement of Foundation Of The Monroe County Community Schools Inc
The Foundation of the Monroe County Community Schools Inc. is committed to enhancing and improving the educational opportunities available to all students within the Monroe County Community School Corporation (MCCSC). This nonprofit organization is dedicated to providing essential resources to support these students' learning experiences. In 2021, the Foundation demonstrated its mission by awarding scholarships worth $19,940 and grants totaling $161,294 to various schools within Monroe County, thereby contributing to the development and enrichment of their educational programs.
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Impact
July, 2024
The Foundation Of The Monroe County Community Schools Inc has a significant impact on improving and enhancing educational opportunities for all students within the Monroe County Community School Corporation (MCCSC). In 2021, the foundation provided support for various educational initiatives in Monroe County, including awarding $19,940 in scholarships and $161,294 in grants to support educational programs. This support directly benefits students, educators, and schools within the MCCSC, ensuring that students have access to enhanced educational resources and opportunities. The foundation's dedication to enriching education for all students in the community underscores its importance in fostering a strong educational environment.
This information is meant to be a general summary of Foundation Of The Monroe County Community Schools 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: $102,239
- Program Service Revenue: $671
- Gross Receipts: $709,623
Assets and Liabilities:
- Total Assets: $2,271,885
- Total Liabilities: $150,941
- Net Assets: $2,120,944
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN INCOME
Revenue
$671
Organization Details
Founding Year
1973
Phone
(812) 330-7700Principal Officer
Craig P Coffman
Main Address
315 NORTH DRIVE, BLOOMINGTON, IN, 474016555
Website
www.mccsfoundation.orgNTEE Category
Code: B11 - Education
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