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Bishop Noll Institute Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 310973961 ✦ Hammond, IN ✦ Designated as a 501(c)(3)

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Overview

What is Bishop Noll Institute Foundation Inc?

Bishop Noll Institute Foundation Inc is a nonprofit organization headquartered in Hammond, Indiana, specifically at 1519 Hoffman Street. Their primary mission is to support Bishop Noll Institute, a Catholic high school, providing educational assistance to its students. This support likely encompasses various aspects such as financial aid, resource allocation, and educational programs, ensuring that the school can continue to offer quality education to its students.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The Bishop Noll Institute Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 73%. This rating indicates that while the organization demonstrates a strong commitment in certain areas, it has notable gaps that affect its overall accountability and transparency.

Strengths of the foundation include a fully independent board, which scored 10 out of 10 points, and a perfect program expense ratio of 100%. Additionally, there are no reported liabilities, showcasing a solid financial stability with a 0.00% liabilities to assets ratio. These aspects reflect a strong governance structure and effective allocation of resources toward its mission.

However, the foundation's rating is significantly impacted by the absence of essential policies and documentation, such as a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. Moreover, critical information such as the foundation's website is not listed on its tax form, which detracts from transparency. Addressing these shortcomings would enhance the organization's standing and foster greater trust among donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Bishop Noll Institute Foundation Inc legitimate?

Bishop Noll Institute Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bishop Noll Institute 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

What is the mission statement of Bishop Noll Institute Foundation Inc?

The Bishop Noll Institute Foundation Inc's mission is primarily focused on supporting Bishop Noll Institute, a Catholic high school. In pursuit of this goal, the foundation provides educational assistance to the students attending the school. Its main objective is to contribute to the institution's growth and development, ensuring that it continues to provide quality education to its students. By offering support, the foundation plays a crucial role in fostering the academic success and personal growth of the students at Bishop Noll Institute.

Who is the CEO of Bishop Noll Institute Foundation Inc?

Terry Quinn is the Vice-Preside of Bishop Noll Institute Foundation Inc.

What is the revenue of Bishop Noll Institute Foundation Inc?

Bishop Noll Institute Foundation Inc's revenue in 2023 was $152,933.

Who are the executives of Bishop Noll Institute Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Marlene Vega Coulis (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Markovich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Quinn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bishop Noll Institute Foundation Inc?

Bishop Noll Institute Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Bishop Noll Institute Foundation Inc

Bishop Noll Institute Foundation Inc is committed to supporting Bishop Noll Institute, a Catholic high school. The organization's mission is centered around providing educational assistance to the students attending this institution. By doing so, Bishop Noll Institute Foundation Inc aims to contribute to the overall success and development of the students, ensuring they receive a quality Catholic education.

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Impact




October, 2024

Bishop Noll Institute Foundation Inc plays a vital role in enhancing the educational opportunities at Bishop Noll Institute, a Catholic high school in Hammond, Indiana. By providing essential support and resources, the foundation contributes significantly to the academic environment and overall student experience.

Through its efforts, the foundation promotes the mission of Bishop Noll Institute by ensuring that students receive the assistance needed to thrive both academically and personally. This support helps create a robust educational framework that fosters personal growth, spiritual development, and academic excellence. The foundation's impact is evident in the way it helps students access quality education, facilitates their involvement in extracurricular activities, and strengthens the community's commitment to Catholic education.




This information is meant to be a general summary of Bishop Noll Institute 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.

Revenue
$152,933 (2023)
Expenses
$397,227 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $98,004
  • Gross Receipts: $1,106,374

Assets and Liabilities:

  • Total Assets: $3,584,698
  • Total Liabilities: $0
  • Net Assets: $3,584,698

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Organization Details

Founding Year

1978

Principal Officer

Terry Quinn

Main Address

1519 HOFFMAN STREET, HAMMOND, IN, 46327

NTEE Category

Code: X22I - Religion related

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