Overview
What is Williamston Schools Foundation?
The Williamston Schools Foundation is a nonprofit organization situated in Williamston, Michigan. With a single employee, its primary mission is to enrich and improve the educational experience within the Williamston Community School District. To achieve this goal, the foundation provides financial aid in the form of scholarships to graduating seniors, assisting them in managing their college education expenses. The organization's activities are focused on enhancing the overall quality of education in the district.
Official website here: www.williamstonschoolsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star Rating. The Williamston Schools Foundation has received a rating based on its accountability and finance metrics, reflecting a significant emphasis on these aspects of nonprofit governance. The score indicates room for improvement, particularly in transparency and adherence to best practices.
Strengths of the organization include having a fully independent board with 14 members, and a strong performance in asset management with no material diversion of assets. The foundation also demonstrates good practices by listing its website on its tax form and maintaining proper documentation of board meeting minutes.
However, the organization has notable limitations, including the absence of a conflict of interest policy, whistleblower policy, and document retention policy, which have negatively impacted its score. Additionally, while the program expense ratio is decent at 62.19%, enhancing this figure could further improve the organization's financial health and overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Williamston Schools Foundation legitimate?
Williamston Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Williamston Schools 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: $12,221
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.williamstonschoolsfoundation.org
What is the mission statement of Williamston Schools Foundation?
The Williamston Schools Foundation's mission is centered around providing financial support to enrich and enhance the quality of education within its associated school district. This organization aims to contribute funds that can significantly improve the educational experience for students. One of their key initiatives involves offering scholarships to graduating seniors to help cover the costs associated with their higher education. While the provided information is limited, it suggests that the foundation is committed to enhancing the educational opportunities for students within its community.
Official website here: www.williamstonschoolsfoundation.org
What is the revenue of Williamston Schools Foundation?
Williamston Schools Foundation's revenue in 2023 was $119,774.
Official website here: www.williamstonschoolsfoundation.org
Who are the executives of Williamston Schools Foundation and what are their salaries?
The average compensation at Williamston Schools Foundation during 2023 was $12,221. There is 1 employee and 14 volunteers at Williamston Schools Foundation.
Here are 14 key members and their salaries:
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Official website here: www.williamstonschoolsfoundation.org
Where can I find the form 990 for Williamston Schools Foundation?
Williamston Schools Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.williamstonschoolsfoundation.org
Learn more at the official website: www.williamstonschoolsfoundation.org
Mission Statement of Williamston Schools Foundation
The Williamston Schools Foundation is an organization dedicated to enriching and enhancing the quality of education within the Williamston Community School District. Its primary mission is to provide financial support in this endeavor. By doing so, the foundation aims to contribute to the overall educational development of students, ultimately helping them to achieve their academic goals. One of the ways in which the foundation fulfills its mission is by offering scholarships to graduating seniors to assist them in managing their college education costs.
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Impact
August, 2024
Williamston Schools Foundation has a direct impact on the quality of education in the Williamston Community School District. Through scholarships provided to graduate seniors, the foundation helps alleviate college education costs, enabling students to pursue higher education and reach their full potential. By enriching and enhancing the educational experience of students in the community, the foundation plays a vital role in shaping the future generation and promoting academic success.
This information is meant to be a general summary of Williamston Schools 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: $15,479
- Program Service Revenue: $1,167
- Gross Receipts: $125,341
Assets and Liabilities:
- Total Assets: $668,945
- Total Liabilities: $1,533
- Net Assets: $667,412
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
-$20
SERVICES
Revenue
$1,187
Organization Details
Founding Year
1981
Principal Officer
Norm Jolin
NTEE Category
Code: B20I - Education
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