Overview
What is Beachwood Schools Foundation?
The Beachwood Schools Foundation is a nonprofit organization, specifically dedicated to assisting high school seniors financially. Their primary focus lies in offering scholarships and financial aid services, thereby expanding opportunities for deserving students. This foundation plays a significant role in supporting the educational journey of these seniors, ensuring that financial constraints do not hinder their academic pursuits.
Official website here: www.beachwoodschools.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Beachwood Schools Foundation has received a One-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. With an overall score of 56%, the organization has areas that need improvement, particularly in governance and transparency. The lack of independent board members and missing key policies such as conflict of interest and whistleblower policies raises questions about its operational integrity.
Despite these issues, the foundation does demonstrate a strong commitment to program expenses, with a 100% program expense ratio, indicating that all funds are directed towards its programs. The organization has also maintained a good liabilities to assets ratio, which is at 0.00%, suggesting sound financial health in that regard. However, the absence of important documentation, such as the tax form on its website, further detracts from its accountability.
Overall, while the Beachwood Schools Foundation effectively utilizes its funds for programming, the lack of independent oversight and essential policies presents a significant drawback. The organization would benefit greatly from enhancing its governance practices to build trust and ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Beachwood Schools Foundation legitimate?
Beachwood Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beachwood Schools 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.
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Official website here: www.beachwoodschools.org
What is the mission statement of Beachwood Schools Foundation?
The Beachwood Schools Foundation's mission revolves around offering scholarships to high school seniors. Their primary focus is on student financial aid services and creating numerous scholarship opportunities. Through these initiatives, the foundation aims to support the educational aspirations of deserving students, thereby contributing to their future prospects. The foundation's activities are geared towards empowering young individuals by alleviating financial barriers and expanding their academic opportunities.
Official website here: www.beachwoodschools.org
Who is the CEO of Beachwood Schools Foundation?
Lauren Raff is the Secretary of Beachwood Schools Foundation.
Official website here: www.beachwoodschools.org
What is the revenue of Beachwood Schools Foundation?
Beachwood Schools Foundation's revenue in 2022 was $64,407.
Official website here: www.beachwoodschools.org
Who are the executives of Beachwood Schools Foundation and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.beachwoodschools.org
Where can I find the form 990 for Beachwood Schools Foundation?
Beachwood Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beachwoodschools.org
Learn more at the official website: www.beachwoodschools.org
Mission Statement of Beachwood Schools Foundation
The Beachwood Schools Foundation, as a nonprofit entity, is committed to providing scholarships for high school seniors. Their mission revolves around offering financial aid services and numerous scholarship opportunities, thereby aiding students in pursuit of their higher education goals. Through its programs, the foundation focuses on alleviating financial burdens and opening doors to academic advancement for deserving students.
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Impact
August, 2024
The Beachwood Schools Foundation's impact is significant in providing scholarships to high school seniors in Beachwood, Ohio. By focusing on student financial aid services and scholarship opportunities, the foundation helps students pursue their educational goals and alleviate financial barriers. This support not only benefits the individual recipients but also contributes to the overall educational advancement in the community.
This information is meant to be a general summary of Beachwood Schools 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: $14,659
- Gross Receipts: $64,409
Assets and Liabilities:
- Total Assets: $488,536
- Total Liabilities: $0
- Net Assets: $488,536
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Organization Details
Phone
(216) 464-2600Principal Officer
Lauren Raff
Main Address
24601 FAIRMOUNT BOULEVARD, BEACHWOOD, OH, 44122
Website
www.beachwoodschools.orgNTEE Category
Code: B82 - Education
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