Overview
What is Lincoln-Way High School Foundation For Educational Excellence?
The Lincoln-Way High School Foundation for Educational Excellence is a nonprofit organization situated in New Lenox, Illinois. Its primary mission is to financially support the programs and students of Lincoln-Way High School District 210 and fund scholarships for district-approved students. The foundation proactively generates funds to enrich and enhance the educational experiences and opportunities for these students. Over the years, it has provided financial support for various items requested by teachers within the district and has awarded 63 scholarships to District 210 students. With a small team of one dedicated individual, the foundation works tirelessly to contribute to the overall development and success of its student community.
Official website here: www.lw210.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Lincoln-Way High School Foundation for Educational Excellence has earned a strong Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored an impressive 87%, reflecting a commitment to transparency and responsible financial management. This rating is derived solely from its Accountability & Finance metrics, underscoring the foundation's emphasis on governance.
Strengths of the foundation include an entirely independent board with 21 members, which speaks to its commitment to unbiased oversight. Additionally, the organization has demonstrated no material diversion of assets and maintains a favorable liabilities to assets ratio of 5.75%. The foundation has also established comprehensive policies for conflict of interest and whistleblower protection, contributing to its high score in organizational governance.
While there are notable strengths, the program expense ratio stands at 67.27%. While it indicates a commitment to programmatic spending, there is room for improvement to maximize the effectiveness of its funds. Overall, the foundation's strong accountability and governance practices provide reassurance to donors and stakeholders about its operational integrity and commitment to educational excellence.
This AI summary has been generated from information found on Charity Navigator.
Is Lincoln-Way High School Foundation For Educational Excellence legitimate?
Lincoln-Way High School Foundation For Educational Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln-Way High School 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: $5,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lw210.org
What is the mission statement of Lincoln-Way High School Foundation For Educational Excellence?
The Lincoln-Way High School Foundation For Educational Excellence's mission is to proactively raise financial resources, aimed at enhancing and enriching the educational experiences and opportunities for students within the Lincoln-Way High School District 210. The foundation's primary purpose is to distribute these resources to the district, thereby improving the educational experiences of its students. To achieve this, the foundation provides financial support for the district's programs and funds scholarships for approved students. Additionally, it has funded various items requested by teachers within the district and has awarded scholarships to 63 students from District 210.
Official website here: www.lw210.org
What is the revenue of Lincoln-Way High School Foundation For Educational Excellence?
Lincoln-Way High School Foundation For Educational Excellence's revenue in 2023 was $225,261.
Official website here: www.lw210.org
Who are the executives of Lincoln-Way High School Foundation For Educational Excellence and what are their salaries?
The average compensation at Lincoln-Way High School Foundation For Educational Excellence during 2023 was $2,750. There are 2 employees and 3 volunteers at Lincoln-Way High School Foundation For Educational Excellence.
Here are 22 key members and their salaries:
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Official website here: www.lw210.org
Where can I find the form 990 for Lincoln-Way High School Foundation For Educational Excellence?
Lincoln-Way High School Foundation For Educational Excellence's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lw210.org
Learn more at the official website: www.lw210.org
Mission Statement of Lincoln-Way High School Foundation For Educational Excellence
The Lincoln-Way High School Foundation for Educational Excellence is committed to generating financial support with the primary objective of enriching and enhancing the opportunities and educational experiences of students in the Lincoln-Way High School District 210. The foundation's purpose is to acquire and distribute resources to this district, aiming to improve and expand the educational prospects for the students it serves. To accomplish this, the foundation provides financial support for various programs within the district and funds scholarships for district-approved students. As of the provided information, the foundation has contributed funds for various items requested by teachers within the district and has awarded 63 scholarships to students of District 210.
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Impact
October, 2024
Lincoln-Way High School Foundation For Educational Excellence significantly enhances the educational landscape for students within Lincoln-Way High School District 210. By creatively generating financial support, it enriches educational experiences, empowering teachers and students alike. The foundation facilitates various programs and initiatives, providing essential resources that contribute to a more robust learning environment.
One of its key impacts is the funding of 63 scholarships, which opens doors for students to pursue further education and professional opportunities. Additionally, the foundation actively responds to the needs of educators by providing funds for requested items, ensuring that teachers have the tools necessary to deliver a high-quality education. This direct support not only benefits student achievement but also fosters a culture of excellence and continuous improvement within the district. Through its initiatives, the foundation plays a crucial role in shaping the academic and personal growth of District 210 students, ultimately preparing them for success beyond high school.
This information is meant to be a general summary of Lincoln-Way High School 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 2023.
- Investment Income: $10,596
- Gross Receipts: $316,667
Assets and Liabilities:
- Total Assets: $112,196
- Total Liabilities: $21,238
- Net Assets: $90,958
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Organization Details
Founding Year
1994
Principal Officer
Stacie Mcglone
Website
www.lw210.orgNTEE Category
Code: B99 - Education
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