Our Lady Of Mount Carmel-St Marys School Education Foundation

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

EIN: 371215066 ✦ Herrin, IL ✦ Designated as a 501(c)(3)

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Overview

What is Our Lady Of Mount Carmel-St Marys School Education Foundation?

Our Lady of Mount Carmel-St Marys School Education Foundation is a nonprofit organization based in Herrin, Illinois. Their primary mission is to raise funds through diverse methods, ultimately aiming to establish an endowment for the benefit of Our Lady of MT Carmel School. This foundation's goal is to provide long-term financial support to the school, ensuring its continued success and the provision of quality education to its students. The foundation's activities are centered around fundraising, with the ultimate aim of securing the school's future.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

The Our Lady Of Mount Carmel-St Marys School Education Foundation holds a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The rating is based solely on the Accountability & Finance beacon, where the organization scored 80%. This score reflects the foundation's commitment to transparency and responsible financial management.

Notable strengths include having an entirely independent board composed of 14 members and no reported material diversion of assets, which strongly supports the foundation's governance credibility. The organization also demonstrates a strong program expense ratio of 87.43%, signifying that a significant portion of its funds is directed towards its educational programs rather than administrative costs.

While the foundation showcases admirable financial practices and strong governance, the single-beacon rating may suggest limitations in evaluating other aspects of its operations, such as impact and community engagement. Overall, the foundation appears to be well-managed, focusing its resources effectively to support its educational mission.


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

Is Our Lady Of Mount Carmel-St Marys School Education Foundation legitimate?

Our Lady Of Mount Carmel-St Marys School Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Lady Of Mount Carmel-St Marys 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 Our Lady Of Mount Carmel-St Marys School Education Foundation?

The Our Lady of Mount Carmel-St Marys School Education Foundation's mission is centered around raising funds through various methods to establish an endowment, aiming to provide ongoing support for a particular school. This school is not specified in the provided information, but it is identified as the Our Lady of MT Carmel School, located in Herrin, IL. The foundation's goal is to ensure the school's financial stability and continuity of education services.

Who is the CEO of Our Lady Of Mount Carmel-St Marys School Education Foundation?

Kirk Doughty is the President of Our Lady Of Mount Carmel-St Marys School Education Foundation.

What is the revenue of Our Lady Of Mount Carmel-St Marys School Education Foundation?

Our Lady Of Mount Carmel-St Marys School Education Foundation's revenue in 2023 was $110,537.

Who are the executives of Our Lady Of Mount Carmel-St Marys School Education Foundation and what are their salaries?

There 14 volunteers at Our Lady Of Mount Carmel-St Marys School Education Foundation.


Here are 14 key members and their salaries:


Michael Abba (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Green (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Doughty (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Sharpe (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Liefer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Rea (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlyn Cairatti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Rudolph (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Kochan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Guebert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Swann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Cabaness (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Frost (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Father Mark Reyling (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Our Lady Of Mount Carmel-St Marys School Education Foundation?

Our Lady Of Mount Carmel-St Marys School Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Our Lady Of Mount Carmel-St Marys School Education Foundation

Our Lady of Mount Carmel-St Marys School Education Foundation is an organization dedicated to securing financial resources for the betterment of Our Lady of MT Carmel School. Their mission lies in raising funds through various means, aiming to provide enduring support for the school situated in Herrin, IL. By doing so, they contribute to the educational well-being of the school and its students.

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Impact




October, 2024

The Our Lady of Mount Carmel-St Marys School Education Foundation significantly enhances educational opportunities for students at Our Lady of Mount Carmel School in Herrin, IL. By raising funds through various methods, the foundation provides essential financial support that enriches the school's programs and resources. This endowment enables the school to maintain a high standard of education, offering students access to better facilities, educational materials, and extracurricular activities. The foundation's efforts ensure that students receive a quality education, fostering a nurturing environment that promotes academic achievement and personal growth. Through its impactful initiatives, the foundation plays a crucial role in shaping the future of the young learners in the community.




This information is meant to be a general summary of Our Lady Of Mount Carmel-St Marys 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.

Revenue
$110,537 (2023)
Expenses
$157,165 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $89,605
  • Gross Receipts: $603,284

Assets and Liabilities:

  • Total Assets: $3,471,238
  • Total Liabilities: $0
  • Net Assets: $3,471,238

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Organization Details

Founding Year

1987

Principal Officer

Kirk Doughty

Main Address

PO BOX 1018, HERRIN, IL, 62948

NTEE Category

Code: B24 - Education

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