Overview
What is Signature School Foundation Inc?
Signature School Foundation Inc is a nonprofit organization located at 610 Main Street, Evansville, IN 47708. Their primary mission is to support and organize Signature School, a charter school in compliance with the relevant sections of Indiana's code and regulations. The Foundation plays a crucial role in providing the necessary facility and utilities for the school's operation. By doing so, they contribute to the academic and overall well-being of the students at Signature School.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
The Signature School Foundation Inc has earned a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The foundation's overall score is derived from a singular beacon focused on these areas, which indicates a commitment to transparency and responsible financial management. With an accountability score of 86%, the foundation demonstrates a robust governance structure and sound financial practices.
Strengths highlighted in its evaluation include a fully independent board with 100% of its members being independent and a large board size of 18 members, contributing to effective oversight. Additionally, the foundation has a perfect score in auditing and oversight, and it has shown no material diversion of assets, showcasing a high level of integrity in financial reporting. Their conflict of interest policy is proactively managed, further reflecting their adherence to ethical standards.
On the financial side, the organization boasts an impressive program expense ratio of 97.56%, indicating that a substantial portion of its funds is directed towards its programs rather than administrative costs. This effective allocation emphasizes its mission-driven focus. Overall, while the foundation shows strong accountability and financial health, the single beacon rating suggests that further evaluation across additional metrics could provide a more comprehensive view of its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Signature School Foundation Inc legitimate?
Signature School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Signature School Foundation Inc 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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What is the mission statement of Signature School Foundation Inc?
The Signature School Foundation Inc's mission is centered around its role as an organizer and advocate for Signature School, a charter school. In accordance with the Indiana code and regulations, the foundation supports this educational institution, striving to facilitate its operations effectively. While the provided information does not detail specific objectives or goals beyond this, it can be inferred that the foundation's primary purpose is to ensure the smooth functioning of the Signature School.
Who is the CEO of Signature School Foundation Inc?
Robert L Koch Ii is the President of Signature School Foundation Inc.
What is the revenue of Signature School Foundation Inc?
Signature School Foundation Inc's revenue in 2022 was $986,514.
Who are the executives of Signature School Foundation Inc and what are their salaries?
Here are 18 key members and their salaries:
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Where can I find the form 990 for Signature School Foundation Inc?
Signature School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Signature School Foundation Inc
The Signature School Foundation Inc serves as a vital organizer and supporter of Signature School, a charter school. In line with the applicable sections of the Indiana code and regulations, this nonprofit entity plays a pivotal role in ensuring the school's smooth operation. The foundation's mission involves providing the necessary facility and utilities required for the charter school to thrive, thereby contributing to the overall educational progress of its students.
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Impact
October, 2024
Signature School Foundation Inc has made a significant impact on the educational landscape in Evansville, Indiana, by supporting the Signature School, a charter school dedicated to fostering academic excellence. The foundation plays a crucial role in providing essential resources, such as facilities and utility services that create an optimal learning environment for students.
Through its dedicated efforts, the Foundation enhances educational opportunities, promotes innovative teaching methods, and ensures that students have access to necessary amenities that facilitate their learning journey. By aligning their mission with the principles of the Indiana education regulations, Signature School Foundation Inc strengthens the community's educational framework, empowering both students and educators to achieve their fullest potential.
This information is meant to be a general summary of Signature School Foundation Inc. 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: $11,433
- Program Service Revenue: $674,715
- Gross Receipts: $986,514
Assets and Liabilities:
- Total Assets: $5,995,520
- Total Liabilities: $0
- Net Assets: $5,995,520
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent Income
Revenue
$257,115
Rent Income - In Kind
Revenue
$417,600
Organization Details
Founding Year
1993
Phone
(812) 421-1820Principal Officer
Robert L Koch Ii
Main Address
610 Main Street, EVANSVILLE, IN, 47708
NTEE Category
Code: B99Z - Education
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