Overview
What is Friends Of Education?
Friends of Education is a nonprofit organization situated in Minnetonka, Minnesota, dedicated to enhancing the educational experiences of children. Their primary objective is to foster improved learning opportunities within the school or educational institution they support. Through their mission, they strive to make a meaningful impact on the lives of young learners by working in close collaboration with the educational institution.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
Friends of Education has earned a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With an overall score driven entirely by accountability measures, the organization excels in several key areas, including having 100% independent board members and a perfect score in its financial oversight practices.
The charity demonstrates excellent financial health, with a program expense ratio of nearly 95%, indicating that nearly all of its expenses are dedicated to its programs rather than administrative costs. Furthermore, it maintains robust financial practices, including a whistleblower policy and documented board meeting minutes, which contribute to its high accountability score.
While the ratings indicate strong organizational practices and transparency, it is important for potential donors and supporters to consider ongoing performance and impact in the community. Overall, Friends of Education shows a solid foundation for responsible management and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Education legitimate?
Friends Of Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Education 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:
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For more financial information, click here
What is the mission statement of Friends Of Education?
The organization known as Friends of Education is dedicated to enhancing the educational experiences of children. Their mission is centered around improving the quality of education, aiming to foster a learning environment that benefits each child effectively. The organization's efforts are geared towards supporting a specific school or educational institution, striving to contribute positively to the academic growth of its students.
Who is the CEO of Friends Of Education?
Beth Topoluk is the Director/Secretary of Friends Of Education.
What is the revenue of Friends Of Education?
Friends Of Education's revenue in 2022 was $921,963.
Who are the executives of Friends Of Education and what are their salaries?
There 10 volunteers at Friends Of Education.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Friends Of Education?
Friends Of Education's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Education
Friends of Education, as an organization, is dedicated to enhancing the educational experiences of children. Their mission revolves around improving the educational landscape, aiming to foster a conducive learning environment for children. By working towards this goal, Friends of Education seeks to contribute positively to the overall development and future prospects of the children they support.
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Impact
October, 2024
Friends Of Education plays a significant role in enhancing the quality of education for children in Minnetonka, MN. By focusing on supportive initiatives tailored for a specific school or educational institution, the organization fosters an environment where students can thrive academically and socially. Its mission directly impacts the educational landscape by promoting innovative programs, providing necessary resources, and advocating for improvements that cater to the needs of students. Through these efforts, Friends Of Education helps to create a more enriching and effective learning experience, ultimately contributing to the betterment of children's education in the community.
This information is meant to be a general summary of Friends Of Education. 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: $32,277
- Gross Receipts: $921,963
Assets and Liabilities:
- Total Assets: $2,655,246
- Total Liabilities: $6,924
- Net Assets: $2,648,322
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Organization Details
Founding Year
1999
Phone
(952) 745-2717Principal Officer
Beth Topoluk
Main Address
11100 WAYZATA BOULEVARD 800, MINNETONKA, MN, 55305
NTEE Category
Code: B110 - Education
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