Overview
What is District 90 Educational Foundation?
District 90 Educational Foundation is a nonprofit organization that supports the educational needs of high schools and their teachers within its jurisdiction. It offers financial aid and necessary equipment to departments or educators who submit applications, as funds may not be available through the school district itself. Additionally, the Foundation awards college scholarships worth $3,500 to graduating seniors. As a result, Pontiac Township High School has benefited from programs funded by the Foundation to the tune of $57,287.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)
The District 90 Educational Foundation has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 73%. The organization demonstrates significant strengths in areas such as having a majority of independent board members and a strong liabilities to assets ratio, indicating good financial management. Furthermore, the foundation has shown a full commitment to program expenses, allocating 100% of its budget toward its mission.
However, the foundation's rating is impacted by several missing policies and documents. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are essential for accountability and transparency. Additionally, the tax form is not available on the nonprofit's website, which can hinder potential donors' ability to evaluate the foundation's financial health.
Overall, while the District 90 Educational Foundation shows promising aspects in governance and financial responsibility, the absence of key policies and documentation raises concerns about its operational transparency. Improving these areas could enhance its rating and foster greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is District 90 Educational Foundation legitimate?
District 90 Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. District 90 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of District 90 Educational Foundation?
The District 90 Educational Foundation's mission involves aiding high school departments and teachers by providing them with financial assistance and necessary equipment, when requested. This is not covered by the school district. Furthermore, the foundation offers college scholarships to graduating seniors, totalling $3,500. The foundation's activities have significantly benefited Pontiac Township High School, with programs amounting to $57,287. In essence, the foundation serves as a supplementary resource for educational needs, providing financial aid and scholarships to support learning initiatives.
Who is the CEO of District 90 Educational Foundation?
Ron Minnaert is the President of District 90 Educational Foundation.
What is the revenue of District 90 Educational Foundation?
District 90 Educational Foundation's revenue in 2022 was $6,477.
Who are the executives of District 90 Educational Foundation and what are their salaries?
There 21 volunteers at District 90 Educational Foundation.
Here are 16 key members and their salaries:
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Where can I find the form 990 for District 90 Educational Foundation?
District 90 Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of District 90 Educational Foundation
The District 90 Educational Foundation, in its mission, supports various high school departments and teachers by providing them with necessary financial aid and equipment. This assistance is granted upon application, as resources from the school district may fall short. Furthermore, the Foundation offers college scholarships to graduating seniors, contributing a total of $3,500 towards their higher education. The Pontiac Township High School is one of the beneficiaries, receiving programs valued at $57,287 from the Foundation. This philanthropic organization plays a crucial role in augmenting the educational resources for high schools, thereby aiding in the overall development of students.
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Impact
August, 2024
District 90 Educational Foundation's impact can be seen in the financial assistance and equipment it provides to high school departments and teachers who apply for support. Additionally, the foundation offers college scholarships totaling $3,500 to graduating seniors, benefiting Pontiac Township High School with programs amounting to $57,287. This support ensures that students have access to resources beyond what the school district can provide, enabling them to excel academically and pursue higher education opportunities.
This information is meant to be a general summary of District 90 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 2022.
- Gross Receipts: $8,244
Assets and Liabilities:
- Total Assets: $637,308
- Total Liabilities: $0
- Net Assets: $637,308
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Organization Details
Founding Year
1993
Phone
(815) 844-6177Principal Officer
Ron Minnaert
Main Address
1100 Indiana Ave, Pontiac, IL, 61764
NTEE Category
Code: T30Z - Philanthropy
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