Kearney Catholic Hs Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363157461 ✦ Kearney, NE ✦ Designated as a 501(c)(3)

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Overview

What is Kearney Catholic Hs Foundation?

Kearney Catholic Hs Foundation is a nonprofit organization situated in Kearney, Nebraska. Their primary focus is to raise funds, aimed at providing scholarships for deserving students of Kearney Catholic High School, allowing them to pursue higher education. Additionally, the foundation contributes financially to the general maintenance and upkeep of the school, thereby enhancing the quality of education there. The organization, with a team of four dedicated individuals, works tirelessly to support the educational endeavors of the students and the school as a whole.


Official website here: www.kearneycatholic.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star Rating

The Kearney Catholic High School Foundation has received a solid Three-Star rating from Charity Navigator, reflecting a score of 79%. This score is derived entirely from its Accountability & Finance metrics, indicating a strong commitment to transparent and responsible financial practices. The evaluation is based on the most recent fiscal year, FY2022, showcasing the foundation's consistent performance.

The foundation excels in several key areas, including having a fully independent board with all eight members meeting this criterion. It has also demonstrated effective asset management with a low liabilities to assets ratio of 0.26%. Furthermore, the foundation has implemented robust governance policies, including conflict of interest and whistleblower policies, which are essential for maintaining integrity and accountability.

However, while the foundation has a commendable program expense ratio of 68.61%, it is important for potential donors to consider the full scope of its operations and impact. The high accountability ratings reflect good practices, but ongoing evaluation of program effectiveness and community outcomes will be critical for long-term sustainability and growth.


This AI summary has been generated from information found on Charity Navigator.

Is Kearney Catholic Hs Foundation legitimate?

Kearney Catholic Hs Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kearney Catholic Hs 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: $26,515
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,529

For more financial information, click here


Official website here: www.kearneycatholic.org

What is the mission statement of Kearney Catholic Hs Foundation?

The Kearney Catholic Hs Foundation's mission is centered around enhancing the quality of education at Kearney Catholic High School. They achieve this by providing ongoing financial support. The foundation is actively involved in raising funds to offer scholarships for deserving students, enabling them to further their education. Additionally, they contribute financially to the maintenance and upkeep of the school, ensuring a conducive learning environment. By providing these financial resources, the Kearney Catholic Hs Foundation aims to contribute positively to the educational journey of its students.


Official website here: www.kearneycatholic.org

Who is the CEO of Kearney Catholic Hs Foundation?

Cory Kruse is the President of Kearney Catholic Hs Foundation.


Official website here: www.kearneycatholic.org

What is the revenue of Kearney Catholic Hs Foundation?

Kearney Catholic Hs Foundation's revenue in 2022 was $670,611.


Official website here: www.kearneycatholic.org

Who are the executives of Kearney Catholic Hs Foundation and what are their salaries?

The average compensation at Kearney Catholic Hs Foundation during 2022 was $17,261. There are 4 employees and 195 volunteers at Kearney Catholic Hs Foundation.


Here are 12 key members and their salaries:


Tom Downey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Forrest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Huls (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Kluthe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brice Krohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Kruse (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Mandernach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Nickman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Brady O'Hare (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Rogers (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadia Saadi (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Watts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kearneycatholic.org

Where can I find the form 990 for Kearney Catholic Hs Foundation?

Kearney Catholic Hs Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kearneycatholic.org

Learn more at the official website: www.kearneycatholic.org

Mission Statement of Kearney Catholic Hs Foundation

The Kearney Catholic High School Foundation's mission is centered around enhancing the educational experience at Kearney Catholic High School. This is achieved by providing ongoing financial support. The foundation's primary goal is to offer scholarships to deserving students, enabling them to pursue higher education. Additionally, the foundation also contributes to the upkeep of the school, ensuring its continued excellence and growth. By providing financial assistance, the Kearney Catholic High School Foundation plays a crucial role in fostering a conducive learning environment and supporting the future of its students.

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Impact




July, 2024

The Kearney Catholic Hs Foundation's impact lies in enhancing the quality of education at Kearney Catholic High School. By providing ongoing financial support, the foundation plays a crucial role in raising funds to offer scholarships for deserving students, enabling them to further their education. Additionally, the foundation's efforts contribute to the general upkeep of the school, ensuring a conducive learning environment for all students. Through its mission to enhance education through financial support, the Kearney Catholic Hs Foundation positively influences the education landscape in Kearney, NE.




This information is meant to be a general summary of Kearney Catholic Hs 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.

Revenue
$670,611 (2022)
Expenses
$486,957 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $98,916
  • Gross Receipts: $1,246,233

Assets and Liabilities:

  • Total Assets: $2,979,031
  • Total Liabilities: $7,943
  • Net Assets: $2,971,088

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Organization Details

Founding Year

1981

Principal Officer

Cory Kruse

Main Address

PO BOX 1261, KEARNEY, NE, 68848

NTEE Category

Code: B82 - Education

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