Overview
What is Herald Foundation?
The Herald Foundation is a nonprofit organization committed to fostering quality Catholic education for children. They have shown their dedication by contributing to Saints John & Paul Catholic School, a tax-exempt institution that benefits all its students. As a consequence of the foundation's generosity, Saint John School was able to construct a contemporary gymnasium, enhancing the overall learning environment for its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Herald Foundation has been assessed with a rating of 73%, indicating a moderate level of accountability and financial health. Strengths include a fully independent board with all members meeting this criteria. The organization demonstrates a strong program expense ratio of 95.63%, indicating that a significant portion of its funds are directed towards its charitable programs.
However, the foundation faces notable limitations that affect its overall rating. Key policies such as the conflict of interest, whistleblower, and document retention and destruction policies are missing, which raises concerns about governance and transparency. Additionally, the foundation's website is not listed on its tax form, further detracting from its accessibility and accountability to donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Herald Foundation legitimate?
Herald Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Herald 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: $0
For more financial information, click here
What is the mission statement of Herald Foundation?
The Herald Foundation is committed to advancing good Catholic education for children. They have shown their support by contributing to Saints John & Paul Catholic School, an organization that benefits all students. Due to the foundation's generosity, Saint John School was able to construct a new, modern gymnasium. The foundation's mission is primarily focused on providing quality Catholic education to children, thereby contributing to their overall development.
Who is the CEO of Herald Foundation?
Nick Detore is the President of Herald Foundation.
What is the revenue of Herald Foundation?
Herald Foundation's revenue in 2022 was $55.
Who are the executives of Herald Foundation and what are their salaries?
There 20 volunteers at Herald Foundation.
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 Herald Foundation?
Herald Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Herald Foundation
The Herald Foundation, a dedicated organization, is committed to advancing good Catholic education for children. It has significantly impacted Saints John & Paul Catholic School, an exempt institution that serves a diverse student body. Through its contributions, the Herald Foundation played a pivotal role in the construction of a new modern gym at Saint John School, thereby enhancing the educational experience for all students.
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Impact
October, 2024
Herald Foundation significantly enhances the landscape of Catholic education by actively promoting quality learning experiences for children. Through its contributions to Saints John & Paul Catholic School, the foundation has directly facilitated the construction of a new, modern gym, enriching the school's facilities and benefiting all students. This investment not only supports physical education but also fosters a sense of community and belonging among students and their families in Ashtabula, OH. By championing good Catholic education, the Herald Foundation plays a crucial role in shaping the next generation's values and skills, ensuring that they receive a well-rounded and faith-based education.
This information is meant to be a general summary of Herald 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: $55
- Gross Receipts: $55
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2002
Phone
(440) 992-7045Principal Officer
Nick Detore
Main Address
PO BOX 566, ASHTABULA, OH, 44004
NTEE Category
Code: B25I - Education
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