Overview
What is Sacred Heart School Palm Desert Fdn?
Sacred Heart School Palm Desert Foundation is a nonprofit organization situated in Palm Desert, California, with an address at 43775 Deep Canyon Road, 92260. Its primary goal is to amass funds for the benefit of its supported organization, Sacred Heart School. The foundation does not operate any programs or engage in activities beyond this fundraising mission. At present, the fundraising efforts are carried out through personal solicitations by the Board of Directors, aiming to establish an endowment fund for Sacred Heart School.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
The Sacred Heart School Palm Desert Foundation has received a score of 79%, which translates to a Three-Star rating, indicating a solid level of accountability and financial health. This score is based entirely on their Accountability & Finance metrics. Their performance reflects a strong commitment to effective governance and transparency, as evidenced by 100% independent board members and comprehensive policies in place regarding conflicts of interest and whistleblower protections.
The organization shows a commendable program expense ratio of 84.81%, meaning that a significant portion of their resources is directed towards their programs, rather than administrative costs. Additionally, they have demonstrated sound financial management with a liabilities to assets ratio of 0.00%, indicating no debt, which is a positive indicator of financial stability.
While the overall rating is positive, it is essential to consider the limitations of a single beacon score. Stakeholders may want to seek further details on the organization's impact and program effectiveness to gain a fuller understanding beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Sacred Heart School Palm Desert Fdn legitimate?
Sacred Heart School Palm Desert Fdn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred Heart School Palm Desert Fdn 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 Sacred Heart School Palm Desert Fdn?
The Sacred Heart School Palm Desert Foundation's primary mission is to support its associated organization, Sacred Heart School, by raising funds and managing them effectively. The foundation does not operate any programs independently or engage in activities beyond fundraising. Currently, their fundraising efforts are primarily carried out through personal solicitations by the Board of Directors, with the aim of establishing an endowment fund for the benefit of Sacred Heart School.
Who is the CEO of Sacred Heart School Palm Desert Fdn?
Gregory P Elder Reverend is the Treasurer of Sacred Heart School Palm Desert Fdn.
What is the revenue of Sacred Heart School Palm Desert Fdn?
Sacred Heart School Palm Desert Fdn's revenue in 2021 was $917,128.
Who are the executives of Sacred Heart School Palm Desert Fdn and what are their salaries?
There 5 volunteers at Sacred Heart School Palm Desert Fdn.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sacred Heart School Palm Desert Fdn?
Sacred Heart School Palm Desert Fdn's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Sacred Heart School Palm Desert Fdn
Sacred Heart School Palm Desert Foundation (SHSPDF) is dedicated to supporting its affiliated organization, Sacred Heart School (SHS), by managing and distributing funds for its benefit. The primary objective of SHSPDF is to ensure the long-term financial sustainability of SHS, and it achieves this by raising funds through personal solicitations by its Board of Directors. At present, SHSPDF does not operate any programs or engage in activities beyond fundraising for an endowment fund. Instead, its focus is solely on securing the financial future of SHS, thereby ensuring its continued success and ability to provide quality education.
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Impact
October, 2024
Sacred Heart School Palm Desert Foundation plays a crucial role in securing the financial future of Sacred Heart School by raising and managing funds essential for establishing an endowment. This foundational support ensures that the school can continue to provide quality education and resources for its students. By focusing solely on fundraising, the Foundation allows Sacred Heart School to benefit from a stable financial base, enabling it to enhance programs, improve facilities, and support the educational mission. The personal solicitation efforts led by the Board of Directors foster a community of philanthropy, strengthening the ties between the school and its supporters, and ultimately contributing to a thriving educational environment for future generations.
This information is meant to be a general summary of Sacred Heart School Palm Desert Fdn. 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 2021.
- Investment Income: $495
- Gross Receipts: $917,128
Assets and Liabilities:
- Total Assets: $3,241,957
- Total Liabilities: $0
- Net Assets: $3,241,957
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Organization Details
Founding Year
2017
Principal Officer
Gregory P Elder Reverend
Main Address
43775 Deep Canyon Road, Palm Desert, CA, 92260
NTEE Category
Code: T11 - Philanthropy
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