Overview
What is Chillicothe Education Foundation?
Chillicothe Education Foundation is a charitable organization situated in Chillicothe, Ohio, specifically at 213 S Paint Street. Their primary mission is to support students within the Chillicothe City Schools by providing scholarships, thereby aiding their educational journeys. Furthermore, the foundation maintains a connection with its alumni, keeping them informed about the developments and advancements in their alma mater. This comprehensive approach ensures that both current and former students benefit from the foundation's efforts.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Chillicothe Education Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of effectiveness in its operations. The score is solely based on the Accountability & Finance category, which scored 73%, reflecting the foundation's commitment to financial transparency and responsible governance.
Strengths of the organization include a fully independent board with all 10 members dedicated to oversight, along with no material diversion of assets. The Foundation documents its board meeting minutes and maintains a commendable liabilities to assets ratio of 0.00%. Additionally, it has a strong program expense ratio of 88.20%, suggesting that a significant portion of their funds is directed towards programmatic activities.
However, while the financial accountability aspects are strong, the absence of a rating in other categories may indicate limitations in areas such as program impact or community engagement. This could suggest room for improvement in showcasing the effectiveness of its programs beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Chillicothe Education Foundation legitimate?
Chillicothe Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chillicothe 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: $3,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Chillicothe Education Foundation?
The Chillicothe Education Foundation's mission is centered around supporting students and maintaining connections with alumni of local schools. They accomplish this by providing scholarships to students and keeping the alumni informed about the educational developments within the schools. The organization's primary goal is to contribute positively to the educational journey of students and ensure that alumni stay engaged with their alma mater.
Who is the CEO of Chillicothe Education Foundation?
Michael Benson is the Member of Chillicothe Education Foundation.
What is the revenue of Chillicothe Education Foundation?
Chillicothe Education Foundation's revenue in 2023 was $31,391.
Who are the executives of Chillicothe Education Foundation and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Chillicothe Education Foundation?
Chillicothe Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Chillicothe Education Foundation
The Chillicothe Education Foundation, as its name suggests, is dedicated to supporting the educational journey of students and keeping the alumni of Chillicothe City Schools informed about the schools' developments. Their mission is multifaceted, encompassing the provision of scholarships to students to help them pursue their academic goals and keeping the alumni updated about the schools' achievements and advancements. By doing so, the foundation aims to foster a sense of community and continuity between the current students and the alumni, ensuring that the legacy of Chillicothe City Schools lives on. The foundation's actions are a testament to its commitment to the future of education and the individuals who are a part of the Chillicothe City Schools community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Chillicothe Education Foundation has a significant impact on the community by supporting students with scholarships and keeping alumni informed about schools. Through its mission to support students and alumni of Chillicothe City Schools, the foundation helps create opportunities for individuals to further their education and succeed in their academic pursuits. By providing scholarships, the foundation empowers students to achieve their educational goals and reach their potential. Additionally, by keeping alumni informed about schools, the foundation fosters a sense of community and connection among past and present students, creating a supportive network for continued education and success.
This information is meant to be a general summary of Chillicothe 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 2023.
- Investment Income: $30,190
- Gross Receipts: $31,391
Assets and Liabilities:
- Total Assets: $789,572
- Total Liabilities: $0
- Net Assets: $789,572
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1987
Phone
(740) 702-2600Principal Officer
Michael Benson
Main Address
213 S PAINT ST, CHILLICOTHE, OH, 45601
NTEE Category
Code: B84 - Education
If you are a representative of Chillicothe Education Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.