Overview
What is Mounds View Schools Education Foundation?
Mounds View Schools Education Foundation is a dedicated nonprofit organization that collaborates closely with district leadership to fund initiatives that positively influence students across the Mounds View district. Essentially, their mission is to support all schools within the district. They actively promote educational awareness and activities, working tirelessly to enhance the learning experience for students. Their efforts encompass various aspects, from funding priority projects to raising awareness about educational matters.
Official website here: www.mvsef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44%
The Mounds View Schools Education Foundation has received a 44% rating from Charity Navigator, which indicates a lack of overall accountability and financial health, resulting in a Zero-Star out of Four Star rating. While the organization has a strong governance structure with a completely independent board and no material diversion of assets, many critical policies are missing, including conflict of interest and whistleblower policies.
The financial metrics show a concerning program expense ratio of only 34.65%, suggesting that a significant portion of the funds may not be directed towards programs. Additionally, the liabilities to assets ratio stands at 63.13%, which could indicate potential financial strain. Transparency is somewhat upheld with documents like tax forms and board meeting minutes being available, but the absence of key policies raises red flags regarding governance practices.
Overall, while Mounds View Schools Education Foundation has strengths in board independence and asset management, its low score reflects major deficiencies in financial allocation and governance policies. Stakeholders may want to consider these factors when engaging with or supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Mounds View Schools Education Foundation legitimate?
Mounds View Schools Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mounds View Schools Education 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: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,390
For more financial information, click here
Official website here: www.mvsef.org
What is the mission statement of Mounds View Schools Education Foundation?
The Mounds View Schools Education Foundation, functioning as a non-profit organization, collaborates with district leadership to fund initiatives that positively impact students across the Mounds View district. Their primary aim is to promote educational activities and awareness within the educational sector. By supporting various school priorities, they strive to enhance the learning experience for all students.
Official website here: www.mvsef.org
Who is the CEO of Mounds View Schools Education Foundation?
Ann Claridge is the Executive Director of Mounds View Schools Education Foundation.
Official website here: www.mvsef.org
What is the revenue of Mounds View Schools Education Foundation?
Mounds View Schools Education Foundation's revenue in 2023 was $171,579.
Official website here: www.mvsef.org
Who are the executives of Mounds View Schools Education Foundation and what are their salaries?
Here are 18 key members and their salaries:
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Official website here: www.mvsef.org
Where can I find the form 990 for Mounds View Schools Education Foundation?
Mounds View Schools Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mvsef.org
Learn more at the official website: www.mvsef.org
Mission Statement of Mounds View Schools Education Foundation
The Mounds View Schools Education Foundation is a non-profit organization that collaborates with district leadership to financially back initiatives that positively influence students across the Mounds View district. In simpler terms, its primary role is to support all the schools within the district. The foundation's mission is multifaceted, focusing on promoting educational activities and awareness. By doing so, it seeks to enhance the learning experience for students and contribute to their overall development.
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Impact
October, 2024
Mounds View Schools Education Foundation has a significant impact on the educational landscape within the Mounds View district by collaborating with district leadership to fund key priorities that enhance student experiences. This organization is dedicated to promoting educational activities and increasing awareness of the various initiatives available to students, ensuring that all schools in the district receive the support they need to thrive. Through its efforts, the foundation enriches educational opportunities, fosters community engagement, and ultimately contributes to the overall success and well-being of students.
This information is meant to be a general summary of Mounds View Schools Education 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: $41,013
- Program Service Revenue: $8,225
- Gross Receipts: $171,579
Assets and Liabilities:
- Total Assets: $1,363,646
- Total Liabilities: $860,910
- Net Assets: $502,736
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Scholarship Administration
Revenue
$8,225
Organization Details
Founding Year
1987
Phone
(612) 751-7974Principal Officer
Ann Claridge
Main Address
4570 Victoria Street N, Shoreview, MN, 55126
Website
www.mvsef.orgNTEE Category
Code: B94 - Education
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