Overview
What is Macomb Comm Unit Dist 185 Education Foundation?
The Macomb Comm Unit Dist 185 Education Foundation is a nonprofit organization situated in Macomb, Illinois. Its primary objective is to foster education within the community by sponsoring programs, offering grants, and providing scholarships. The foundation's mission is to enhance the academic and personal growth of students by supplying essential resources and opportunities for excellence. Their activities are centered around supporting school initiatives, contributing to the overall development of the Macomb community's educational landscape.
Official website here: www.macombeducationalfoundation.wordpress.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%, Zero Stars.
The Macomb Community Unit District 185 Education Foundation has received a score indicating significant weaknesses in its operations, as reflected in its Zero-Star out of Four Star rating. The overall score is based on Accountability and Finance, with a notable lack of adherence to several key financial transparency requirements. Although the foundation boasts a fully independent board and has no material diversion of assets, its low program expense ratio suggests insufficient allocation of funds towards its stated educational mission.
Strengths of the organization include a completely independent board composed of 13 members and a solid conflict of interest policy. These aspects demonstrate a commitment to governance and transparency. However, the absence of a whistleblower policy and document retention procedures raises concerns about the organization's operational integrity. Furthermore, with a program expense ratio of only 6.02%, this points to a concerning trend where most resources may not be directed towards impactful educational programs.
Overall, while the foundation exhibits some governance strengths, the significant shortcomings in financial management and program funding highlight critical areas that need improvement. Stakeholders and potential donors may want to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Macomb Comm Unit Dist 185 Education Foundation legitimate?
Macomb Comm Unit Dist 185 Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Macomb Comm Unit Dist 185 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
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Official website here: www.macombeducationalfoundation.wordpress.com
What is the mission statement of Macomb Comm Unit Dist 185 Education Foundation?
The Macomb Comm Unit Dist 185 Education Foundation's mission is centered around supporting school programs. They accomplish this through sponsored initiatives, grants, and scholarships. The primary objective of the foundation is to enhance educational opportunities for students, aiming to foster their academic and personal growth. By providing these resources, the foundation seeks to empower Macomb's student community to reach their full potential.
Official website here: www.macombeducationalfoundation.wordpress.com
Who is the CEO of Macomb Comm Unit Dist 185 Education Foundation?
Jerry Cremer is the President of Macomb Comm Unit Dist 185 Education Foundation.
Official website here: www.macombeducationalfoundation.wordpress.com
What is the revenue of Macomb Comm Unit Dist 185 Education Foundation?
Macomb Comm Unit Dist 185 Education Foundation's revenue in 2023 was $41,726.
Official website here: www.macombeducationalfoundation.wordpress.com
Who are the executives of Macomb Comm Unit Dist 185 Education Foundation and what are their salaries?
There 9 volunteers at Macomb Comm Unit Dist 185 Education Foundation.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.macombeducationalfoundation.wordpress.com
Where can I find the form 990 for Macomb Comm Unit Dist 185 Education Foundation?
Macomb Comm Unit Dist 185 Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.macombeducationalfoundation.wordpress.com
Learn more at the official website: www.macombeducationalfoundation.wordpress.com
Mission Statement of Macomb Comm Unit Dist 185 Education Foundation
The Macomb Comm Unit Dist 185 Education Foundation, a nonprofit organization, is committed to supporting various educational programs in the Macomb community. Its primary mission is to offer resources and opportunities that enable students to achieve academic excellence and personal growth. The foundation achieves this goal by sponsoring programs, providing grants, and offering scholarships, all aimed at enhancing the educational experience for local students. By doing so, the Macomb Comm Unit Dist 185 Education Foundation plays a vital role in promoting education within the community.
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Impact
August, 2024
The Macomb Comm Unit Dist 185 Education Foundation has a significant impact on the educational landscape in Macomb, IL. By supporting school programs through sponsored initiatives, grants, and scholarships, the foundation plays a crucial role in enhancing the academic and personal growth of local students. Through its resources and opportunities, the foundation helps students excel both academically and personally, contributing to the development of a well-rounded and successful student body in the Macomb community.
This information is meant to be a general summary of Macomb Comm Unit Dist 185 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: $40,245
- Program Service Revenue: $1,481
- Gross Receipts: $41,726
Assets and Liabilities:
- Total Assets: $820,509
- Total Liabilities: $0
- Net Assets: $820,509
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Organization Details
Founding Year
1992
Phone
(309) 833-4161Principal Officer
Jerry Cremer
Main Address
323 W WASHINGTON ST, MACOMB, IL, 61455
NTEE Category
Code: X99Z - Religion related
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