Overview
What is Immanuel Luthern School Education Foundation?
The Immanuel Lutheran School Education Foundation is a nonprofit organization situated in Palatine, Illinois, specifically at 200 N Plum Grove Road. Its primary mission is to collect funds to support the Immanuel Lutheran School in Palatine and other educational institutions affiliated with Lutheranism. The foundation's efforts are focused on providing financial assistance to these institutions, contributing to their overall growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
The Immanuel Lutheran School Education Foundation has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, it falls short in several critical areas of accountability and transparency. With a solid score in independent board composition and no material diversion of assets, the foundation shows an effort towards governance. The Program Expense Ratio is also commendable, reflecting that a significant portion of funds is directed towards its programs.
However, the foundation has notable weaknesses that impact its overall rating. The absence of key policies such as conflict of interest, whistleblower, and document retention policies raises concerns about operational integrity and risk management. Additionally, the failure to post tax forms on its website limits transparency, making it challenging for stakeholders to assess its financial health comprehensively.
Overall, while the Immanuel Lutheran School Education Foundation demonstrates certain strengths in board independence and program spending, the lack of essential governance policies and transparency measures significantly detract from its accountability ratings. Addressing these limitations could enhance its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Immanuel Luthern School Education Foundation legitimate?
Immanuel Luthern School Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Immanuel Luthern School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Immanuel Luthern School Education Foundation?
The Immanuel Lutheran School Education Foundation's mission is centered around fundraising efforts to bolster the Immanuel Lutheran School in Palatine, Illinois, as well as other Lutheran educational institutions. Their primary goal is to provide financial support to these educational centers, ensuring they can continue to serve their communities effectively. The foundation's activities are geared towards enhancing the quality of education and learning experiences within the Lutheran educational network.
Who is the CEO of Immanuel Luthern School Education Foundation?
Jen Towsey is the President of Immanuel Luthern School Education Foundation.
What is the revenue of Immanuel Luthern School Education Foundation?
Immanuel Luthern School Education Foundation's revenue in 2022 was $28,104.
Who are the executives of Immanuel Luthern School Education Foundation and what are their salaries?
There 5 volunteers at Immanuel Luthern School Education Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Immanuel Luthern School Education Foundation?
Immanuel Luthern School Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Immanuel Luthern School Education Foundation
The Immanuel Lutheran School Education Foundation is a nonprofit organization committed to raising funds to support the educational endeavors of the Immanuel Lutheran School in Palatine, Illinois, as well as other Lutheran educational institutions. This foundation's mission is to provide financial assistance, thereby ensuring the continued success and growth of these educational institutions. By raising funds, the Immanuel Lutheran School Education Foundation plays a vital role in nurturing the intellectual and spiritual development of students within the Lutheran community.
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Impact
August, 2024
Immanuel Lutheran School Education Foundation's impact is significant in supporting the Immanuel Lutheran School in Palatine, IL, and other Lutheran educational institutions. Through raising funds, the foundation helps provide crucial resources and support for these schools, ultimately enhancing the quality of education and opportunities available to students. By focusing on supporting Lutheran education, the foundation plays a vital role in nurturing and developing future generations with a strong educational foundation.
This information is meant to be a general summary of Immanuel Luthern School 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 2022.
- Gross Receipts: $34,374
Assets and Liabilities:
- Total Assets: $626,290
- Total Liabilities: $0
- Net Assets: $626,290
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Organization Details
Founding Year
2000
Phone
(847) 359-1549Principal Officer
Jen Towsey
Main Address
200 N Plum Grove Road, Palatine, IL, 60067
NTEE Category
Code: B112 - Education
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