Overview
What is Ivc Educational Foundation?
Ivc Educational Foundation is a nonprofit organization situated in Chillicothe, Illinois, specifically at 1300 W Sycamore St. Their primary mission is to collaborate with educators within the Illinois Valley Central School District 321 to recognize and address the fundamental requirements of South, Mossville, CEC, and IVC High Schools. By doing so, they aim to enhance educational experiences and support the overall development of students within these schools. The foundation's activities focus on identifying and addressing essential needs within these educational institutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The IVC Educational Foundation has received a Two-Star rating based on its accountability and finance practices, scoring a total of 73%. This rating reflects strong governance with an entirely independent board and no material diversion of assets. The foundation has a high program expense ratio of 97.11%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.
However, there are notable weaknesses in its accountability measures. The organization is missing several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, which could impact transparency and accountability. Additionally, the absence of a website link on their tax form and the failure to post their Form 990 on their website also detract from their overall rating.
While the foundation demonstrates strengths in financial management and governance, the lack of important policies and transparency measures may raise concerns for potential donors looking for comprehensive accountability in their charitable contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Ivc Educational Foundation legitimate?
Ivc Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ivc Educational 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.
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What is the mission statement of Ivc Educational Foundation?
The Ivc Educational Foundation works closely with educators to pinpoint the essential needs at South, Mossville, CEC, and IVC High School. Their primary mission is to support the Illinois Valley Central School District 321 by identifying and addressing these needs effectively. By connecting with educators, the foundation aims to enhance the learning environment and contribute to the overall success of the students in these schools. The foundation does not specify any particular programs or initiatives in its mission statement, but its focus is on collaborating with educators to meet the essential needs of the students.
What is the revenue of Ivc Educational Foundation?
Ivc Educational Foundation's revenue in 2024 was $61,553.
Who are the executives of Ivc Educational Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Ivc Educational Foundation?
Ivc Educational Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Ivc Educational Foundation
The Ivc Educational Foundation is an organization that collaborates with educators within South, Mossville, CEC, and Ivc High Schools to recognize and address their fundamental needs. The foundation's mission is centered around identifying and addressing the essential requirements of these educational institutions to ensure they have the necessary resources to support their students effectively. By working closely with educators, the Ivc Educational Foundation aims to contribute to the overall improvement of Illinois Valley Central School District 321's educational environment.
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Impact
August, 2024
The IVC Educational Foundation's impact is seen through its support of the Illinois Valley Central School District 321 in Chillicothe, IL. By connecting with educators to identify essential needs at South, Mossville, CEC, and IVC High School, the foundation plays a crucial role in enhancing educational opportunities for students in the community. Through its philanthropic efforts, the foundation helps to ensure that students receive the resources and support they need to succeed academically and beyond.
This information is meant to be a general summary of Ivc Educational 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 2024.
- Investment Income: $17,119
- Gross Receipts: $80,087
Assets and Liabilities:
- Total Assets: $711,709
- Total Liabilities: $0
- Net Assets: $711,709
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Organization Details
Founding Year
1992
Principal Officer
Ashley Hettelle
NTEE Category
Code: T70Z - Philanthropy
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