Overview
What is Letcher Co Schools Ed Foundation?
The Letcher Co Schools Ed Foundation, located in Whitesburg, Kentucky, is a dedicated nonprofit organization. Its primary mission is to enhance the education of students in Letcher County, Kentucky, by channeling funds towards various initiatives. These initiatives include fostering the arts, supporting athletics, and providing scholarships for graduating students from Letcher County. The organization's activities aim to improve the overall educational experience for local students, thereby contributing positively to their future development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall Score: 73%, earning a Two-Star out of Four Star rating. This rating indicates that while Letcher Co Schools Ed Foundation demonstrates some solid practices, there are significant areas needing enhancement, particularly in transparency and governance.
The organization has achieved a perfect score in areas such as having an independent board and demonstrating no material diversion of assets. Additionally, it shows a strong commitment to program expenses, with a high program expense ratio of 96.75%. However, the foundation lacks critical policies and disclosures that are essential for accountability, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy.
The absence of these policies and the missing website links to critical documents, such as the tax form, have contributed negatively to their overall score. Addressing these gaps in transparency and governance could significantly improve their standing and increase public trust in their operations.
This AI summary has been generated from information found on Charity Navigator.
Is Letcher Co Schools Ed Foundation legitimate?
Letcher Co Schools Ed Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Letcher Co Schools Ed 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Letcher Co Schools Ed Foundation?
The Letcher Co Schools Ed Foundation's mission is centered around enhancing the educational experiences of students. Specifically, their goal is to improve the quality of education for students residing in Letcher County, Kentucky. To accomplish this, the foundation has channeled funds towards various initiatives, including encouraging the arts, supporting athletics, and providing scholarships for graduating students. By doing so, they aim to foster a well-rounded education and set these students up for success in their future endeavors.
Who is the CEO of Letcher Co Schools Ed Foundation?
Denise Yonts is the Executive Director of Letcher Co Schools Ed Foundation.
What is the revenue of Letcher Co Schools Ed Foundation?
Letcher Co Schools Ed Foundation's revenue in 2020 was $2,204.
Who are the executives of Letcher Co Schools Ed Foundation and what are their salaries?
There 13 volunteers at Letcher Co Schools Ed Foundation.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Letcher Co Schools Ed Foundation?
Letcher Co Schools Ed Foundation's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Letcher Co Schools Ed Foundation
The Letcher County Schools Education Foundation, a notable organization, is committed to enhancing the educational experience of students within Letcher County, Kentucky. Its mission is centered around this objective, aiming to elevate the academic standards and opportunities for the county's young learners. The foundation channeled its resources towards various initiatives, including promoting the arts, supporting athletics, and providing scholarships for graduating students from Letcher County. This multifaceted approach ensures that a diverse range of students' interests and needs are catered to, ultimately contributing to a well-rounded educational environment.
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Impact
August, 2024
Letcher Co Schools Ed Foundation has made a significant impact on the education of students in Letcher County, KY by channeling funds towards encouraging the arts, athletics, and providing general scholarships for graduating students. This support has helped enhance the overall educational experience for students in the area, enabling them to pursue their interests and talents beyond the standard curriculum. Through its mission to improve education in Letcher County, the foundation has played a key role in fostering the growth and development of students while also investing in their future success.
This information is meant to be a general summary of Letcher Co Schools Ed 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 2020.
- Investment Income: $104
- Gross Receipts: $2,204
Assets and Liabilities:
- Total Assets: $87,428
- Total Liabilities: $0
- Net Assets: $87,428
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Organization Details
Founding Year
2004
Principal Officer
Denise Yonts
Main Address
224 PARKS STREET, WHITESBURG, KY, 41858
NTEE Category
Code: N20 - Recreation
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