Overview
What is Mahtomedi Area Educational Foundation?
The Mahtomedi Area Educational Foundation (MAEF) is a nonprofit organization situated in Mahtomedi, Minnesota. Its primary purpose is to support and enhance the Mahtomedi Public Schools, inspiring and engaging students from preschool to high school graduation. MAEF fulfills this mission by awarding grants, contributing a total of $244,235 in 2021. The grants support various initiatives, including innovative curriculum tools, mental wellness programs, music education, engineering equipment, literacy libraries, post-secondary scholarships, summer art programs, community-building activities, and basic needs of students and families within the school district. MAEF's workforce includes four dedicated individuals.
Official website here: www.maefgives.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
The Mahtomedi Area Educational Foundation holds a Three-Star out of Four Star rating, indicating a solid performance in accountability and finance. The organization demonstrates a high level of transparency with 100% independent board members and maintains effective governance practices, as evidenced by its comprehensive conflict of interest and whistleblower policies.
The foundation excels in financial health, with a low liabilities to assets ratio of 2.87%, reflecting strong fiscal management. Additionally, the program expense ratio stands at 83.41%, signifying that a substantial portion of its resources is directed towards fulfilling its educational mission, which is a positive indicator for donors.
Despite its strengths, there are no specific limitations noted in the provided data. Overall, the Mahtomedi Area Educational Foundation appears to be a reliable organization committed to supporting educational initiatives in its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Mahtomedi Area Educational Foundation?
100% of 5 reviewers on Facebook recommend the Mahtomedi Area Educational Foundation. Here's a summary of their insights:
The overwhelming sentiment is one of strong approval for the foundation's commitment to educational quality. Reviewers express appreciation for the impactful initiatives supported by the organization, indicating that it truly enhances the educational experience for local students.
Overall, supporters feel confident that the Mahtomedi Area Educational Foundation delivers effectively on its mission, making a positive difference in the community and fostering a valuable learning environment.
This AI summary has been generated from reviews found on Facebook.
Is Mahtomedi Area Educational Foundation legitimate?
Mahtomedi Area Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mahtomedi Area Educational 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: $42,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,108
For more financial information, click here
Official website here: www.maefgives.org
What is the mission statement of Mahtomedi Area Educational Foundation?
The Mahtomedi Area Educational Foundation's mission is to support and enhance public schools, engaging, challenging, and inspiring students from early childhood to graduation. They achieve this by providing grants to teachers, students, and staff for innovative curriculum tools and continuing education, as well as supporting mental wellness programs, music education, engineering equipment, and literacy libraries. Additionally, they assist students with their post-secondary pursuits, provide funds for basic and emergency needs, and support community-building programs within the school district.
Official website here: www.maefgives.org
Who is the CEO of Mahtomedi Area Educational Foundation?
James Hansen is the President of Mahtomedi Area Educational Foundation.
Official website here: www.maefgives.org
What is the revenue of Mahtomedi Area Educational Foundation?
Mahtomedi Area Educational Foundation's revenue in 2023 was $602,372.
Official website here: www.maefgives.org
Who are the executives of Mahtomedi Area Educational Foundation and what are their salaries?
The average compensation at Mahtomedi Area Educational Foundation during 2023 was $22,632. There are 4 employees and 30 volunteers at Mahtomedi Area Educational Foundation.
Here are 21 key members and their salaries:
- 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
- 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
- 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: $48,646
- Related: $0
- Other: $0
- Compensation: $4,950
- Related: $0
- Other: $0
Official website here: www.maefgives.org
Where can I find the form 990 for Mahtomedi Area Educational Foundation?
Mahtomedi Area Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.maefgives.org
Learn more at the official website: www.maefgives.org
Mission Statement of Mahtomedi Area Educational Foundation
The Mahtomedi Area Educational Foundation, in its mission, strives to bolster and enhance the educational experience within the public schools, engaging, challenging, and inspiring students from early childhood to graduation. By providing financial support, this organization aims to foster innovative curriculum tools, continuing education opportunities, and mental wellness programs, among other initiatives. The foundation's grants committee awards funds to various sectors, including teachers, students, and staff, to enhance learning experiences. Additionally, the foundation supports literacy libraries, post-secondary pursuits, and basic needs of students and families within the school district. By providing essential items like food and hygiene supplies, the foundation ensures that students can focus on their education without facing unnecessary hardships.
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
July, 2024
Mahtomedi Area Educational Foundation significantly impacts the Mahtomedi Public Schools by providing crucial support and enhancements to engage, challenge, and inspire all students from birth to graduation. In the last funding cycle, the foundation awarded a total of $244,235 in grants. These grants supported innovative curriculum tools, continuing education for teachers, mental wellness programs, music education, engineering equipment for the FABLab, literacy libraries, post-secondary pursuits for students, summer art programs, and basic and emergency needs of students and families within the school district.
Overall, the impact of the Mahtomedi Area Educational Foundation extends beyond monetary support, as it plays a vital role in enriching the educational experience and well-being of students and educators in the Mahtomedi community.
This information is meant to be a general summary of Mahtomedi Area Educational 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: $180,196
- Gross Receipts: $2,347,536
Assets and Liabilities:
- Total Assets: $2,046,089
- Total Liabilities: $58,851
- Net Assets: $1,987,238
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1988
Phone
(651) 407-2006Principal Officer
James Hansen
Main Address
1520 MAHTOMEDI AVENUE, MAHTOMEDI, MN, 55115
Website
www.maefgives.orgNTEE Category
Code: B84 - Education
If you are a representative of Mahtomedi Area Educational 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.