Overview
What is Piqua Education Foundation?
The Piqua Education Foundation, based in Piqua, Ohio, is a small yet impactful nonprofit organization. Its primary mission is to offer financial aid through scholarships to graduates from Piqua City Schools and educational grants to the school's staff. These initiatives aim to support and benefit current students in the area. Established at PO Box 201, the foundation operates with a dedicated workforce of one individual.
Official website here: www.piquaeducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Piqua Education Foundation has earned an 82% rating from Charity Navigator, indicating a strong performance in accountability and finance. This rating is based entirely on their financial management practices, demonstrating a solid commitment to transparency and responsible stewardship of funds.
Strengths of the organization include a fully independent board of members and no reported material diversion of assets, both of which contribute positively to their accountability score. They also maintain a high program expense ratio of 78.31%, ensuring that a significant portion of their resources directly supports educational initiatives.
However, the foundation has noted some limitations, specifically the absence of a whistleblower policy and a document retention policy, which could enhance their governance structure. Additionally, while their fundraising efficiency is low, with a ratio of $0.002, their overall financial health remains stable, supported by a strong working capital ratio of 15.47 years.
This AI summary has been generated from information found on Charity Navigator.
Is Piqua Education Foundation legitimate?
Piqua Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Piqua Education 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,176
For more financial information, click here
Official website here: www.piquaeducationfoundation.org
What is the mission statement of Piqua Education Foundation?
The Piqua Education Foundation's mission is centered around providing financial aid, specifically in the form of scholarships for graduates and education grants for staff, to enhance the learning experience of students within the Piqua City Schools in Ohio. The foundation's primary goal is to support current students by offering financial assistance to its graduates and educators, thereby contributing to their academic and professional growth. The foundation's activities primarily focus on providing post-secondary education scholarships for high school graduates from Piqua, Ohio.
Official website here: www.piquaeducationfoundation.org
Who is the CEO of Piqua Education Foundation?
Douglas Hulme is the President of Piqua Education Foundation.
Official website here: www.piquaeducationfoundation.org
What is the revenue of Piqua Education Foundation?
Piqua Education Foundation's revenue in 2022 was $2,301,410.
Official website here: www.piquaeducationfoundation.org
Who are the executives of Piqua Education Foundation and what are their salaries?
The average compensation at Piqua Education Foundation during 2022 was $46,176. There is 1 employee and 13 volunteers at Piqua Education Foundation.
Here are 13 key members and their salaries:
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Official website here: www.piquaeducationfoundation.org
Where can I find the form 990 for Piqua Education Foundation?
Piqua Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.piquaeducationfoundation.org
Learn more at the official website: www.piquaeducationfoundation.org
Mission Statement of Piqua Education Foundation
The Piqua Education Foundation is an organization dedicated to providing financial aid to graduates, students, and staff of the Piqua City Schools in Ohio. This assistance is primarily offered in the form of scholarships for graduates and education grants for staff, all aimed at benefitting current students. The foundation's mission is to foster post-secondary education opportunities for high school graduates from Piqua, thereby contributing to their personal growth and development.
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Impact
October, 2024
The Piqua Education Foundation significantly impacts the Piqua City Schools community by providing essential financial support to graduates, students, and staff. Through its scholarship programs, the foundation facilitates post-secondary education opportunities, enabling high school graduates to pursue further education and achieve their academic and career goals.
Additionally, the foundation awards education grants to staff, fostering innovative teaching practices and enhancing the learning experience for current students. This dual approach of supporting both students and educators contributes to a stronger educational environment, ultimately benefiting the entire community. By investing in education, the Piqua Education Foundation helps shape the future of Piqua, empowering individuals and enriching the local culture.
This information is meant to be a general summary of Piqua Education 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: $1,366,168
- Gross Receipts: $4,061,874
Assets and Liabilities:
- Total Assets: $6,954,132
- Total Liabilities: $116,889
- Net Assets: $6,837,243
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Organization Details
Founding Year
1986
Phone
(937) 733-5337Principal Officer
Douglas Hulme
Main Address
PO BOX 201, PIQUA, OH, 453560201
NTEE Category
Code: B20J - Education
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