Overview
What is Elmhurst District 205 Foundation For Educational Excellence?
The Elmhurst District 205 Foundation for Educational Excellence, situated at 162 South York Street, Elmhurst, Illinois 60126, is a non-profit organization committed to elevating and enriching educational programs and facilities within Elmhurst Community Unit School District #205. Through the Thiems Grants, the foundation fosters intensive education across all curriculum areas, with an emphasis on impact and student achievement. Its primary purpose is to function as a mediator for acquiring and distributing funds in the form of grants, bequests, or services to amplify and improve the educational experiences within the district. The foundation's mission is centered around advocating for innovations and promoting excellence in Elmhurst's public schools.
Official website here: www.foundation205.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Overall score: 69%, Two-Star out of Four Star rating
The Elmhurst District 205 Foundation For Educational Excellence has received a rating of 69%, categorized as needing improvement. While the organization benefits from a fully independent board and demonstrates strong governance practices, including a conflict of interest policy and the absence of material asset diversion, it falls short in several critical areas. Notably, the foundation lacks a whistleblower policy and has not posted their tax form on their website, which impacts transparency and accountability.
The financial health of the organization is quite strong, with a liabilities to assets ratio of 0.00%, indicating no debt, and the board is effectively composed of independent members. However, the program expense ratio of 53.35% suggests that a significant portion of funds may not be directed towards programs, which is a concern for potential donors looking for effective impact.
Leadership salaries are modest, with the executive director receiving $25,000, while other key positions are volunteer-based. While the foundation's commitment to education excellence is commendable, improvements in transparency and program funding efficiency are necessary to enhance its overall performance and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Elmhurst District 205 Foundation For Educational Excellence legitimate?
Elmhurst District 205 Foundation For Educational Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elmhurst District 205 Foundation For Educational Excellence 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: $30,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,520
For more financial information, click here
Official website here: www.foundation205.org
What is the mission statement of Elmhurst District 205 Foundation For Educational Excellence?
The Elmhurst District 205 Foundation for Educational Excellence serves as a philanthropic entity, primarily focused on procuring funds, properties, or services to elevate and enrich educational programs, activities, and facilities within Elmhurst Community Unit School District #205. This non-profit organization is committed to fostering innovative education and striving for excellence in the public schools of Elmhurst, as outlined in its mission. The foundation's initiatives include the distribution of Thiems Grants, which emphasize comprehensive education across various subjects, prioritizing educational impact and enhancing student achievements.
Official website here: www.foundation205.org
What is the revenue of Elmhurst District 205 Foundation For Educational Excellence?
Elmhurst District 205 Foundation For Educational Excellence's revenue in 2024 was $384,731.
Official website here: www.foundation205.org
Who are the executives of Elmhurst District 205 Foundation For Educational Excellence and what are their salaries?
There 120 volunteers at Elmhurst District 205 Foundation For Educational Excellence.
Here are 22 key members and their salaries:
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Official website here: www.foundation205.org
Where can I find the form 990 for Elmhurst District 205 Foundation For Educational Excellence?
Elmhurst District 205 Foundation For Educational Excellence's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.foundation205.org
Learn more at the official website: www.foundation205.org
Mission Statement of Elmhurst District 205 Foundation For Educational Excellence
The Elmhurst District 205 Foundation for Educational Excellence is a non-profit organization that is committed to promoting innovations in education and enhancing the level of excellence in Elmhurst's public schools. Its primary objective is to serve as a platform for soliciting, receiving, and allocating grants, bequests, and services to further enrich and improve the programs, activities, and facilities within the Elmhurst Community Unit School District #205. This mission is driven by the foundation's dedication to advancing the quality of education in the district.
One of the ways the Elmhurst District 205 Foundation for Educational Excellence achieves its mission is through the implementation of Thiems Grants. These grants focus on providing intensive education across all curricular areas, with a particular emphasis on education impact and student achievement. By investing in these initiatives, the foundation aims to contribute to the overall improvement of the educational experience for students within the district. Thus, the Elmhurst District 205 Foundation for Educational Excellence plays a crucial role in supporting the development and success of Elmhurst's public schools.
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Impact
July, 2024
The Elmhurst District 205 Foundation For Educational Excellence plays a crucial role in enhancing and enriching programs, activities, and facilities within Elmhurst Community Unit School District #205. Through initiatives like Thiems Grants, which focus on education impact and student achievement across all curricular areas, the foundation actively supports innovations in education. By serving as a vehicle for soliciting, receiving, and allocating grants and bequests, the foundation significantly contributes to the advancement of excellence in Elmhurst's public schools.
This information is meant to be a general summary of Elmhurst District 205 Foundation For Educational Excellence. 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 2024.
- Investment Income: $6,853
- Gross Receipts: $550,908
Assets and Liabilities:
- Total Assets: $755,502
- Total Liabilities: $0
- Net Assets: $755,502
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Organization Details
Founding Year
1989
Principal Officer
Kate Knicker
Website
www.foundation205.orgNTEE Category
Code: B80 - Education
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