Overview
What is St Basil Educational Endowment?
St. Basil Educational Endowment is a charitable organization based in South Haven, Michigan. Its primary mission is to bolster the financial support for Saint Basil Catholic School's educational programs. By providing funds, they aim to enhance the educational opportunities offered at the school, ensuring a comprehensive educational experience for its students. The endowment's activities are focused on this mission, contributing to the school's financial well-being and ultimately, the betterment of its students' education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 73% overall score (Two-Star out of Four Star rating).
St. Basil Educational Endowment demonstrates strong governance with a fully independent board and no material diversion of assets. Additionally, all program expenses are allocated appropriately, indicating a commitment to its mission. However, the organization faces significant challenges in transparency and policy implementation, evident by the absence of critical documents such as a conflict of interest policy and whistleblower policy.
The nonprofit's lack of a website listed on its tax form and the failure to post necessary tax documents online further detracts from its accountability. While the financial metrics suggest stability, the missing policies and documentation indicate areas that require urgent attention to improve overall operational integrity. Addressing these limitations could enhance trust and confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is St Basil Educational Endowment legitimate?
St Basil Educational Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Basil Educational Endowment 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 St Basil Educational Endowment?
The St. Basil Educational Endowment's mission is centered around providing financial assistance to enhance the support for educational programs at Saint Basil Catholic School. By doing so, they aim to contribute positively to the overall educational experience of the students attending this school. The endowment's primary goal is to augment the financial resources available for the school's educational activities, thereby ensuring a high-quality educational environment for its students.
Who is the CEO of St Basil Educational Endowment?
Frank Overton is the President of St Basil Educational Endowment.
What is the revenue of St Basil Educational Endowment?
St Basil Educational Endowment's revenue in 2021 was $55,975.
Who are the executives of St Basil Educational Endowment and what are their salaries?
There 6 volunteers at St Basil Educational Endowment.
Here are 6 key members and their salaries:
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Where can I find the form 990 for St Basil Educational Endowment?
St Basil Educational Endowment's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of St Basil Educational Endowment
St. Basil Educational Endowment is committed to enhancing the financial aid provided to Saint Basil Catholic School. Their mission is to augment the financial support for educational programs at the school, ensuring that students receive a quality education. By providing additional funds, St. Basil Educational Endowment aims to supplement the school's resources and contribute to its overall success. This nonprofit organization's primary goal is to support the educational endeavors of Saint Basil Catholic School, thereby enriching the learning experiences of its students.
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Impact
August, 2024
St. Basil Educational Endowment's impact is significant as it provides crucial financial support to Saint Basil Catholic School in South Haven, MI. By augmenting the financial resources available to the school, the endowment helps enhance the educational programs offered at Saint Basil. This support ultimately benefits the students and contributes to the overall quality of education provided by the school. The endowment's mission directly translates into tangible support for educational initiatives, making a positive impact on the learning experience of students at Saint Basil Catholic School.
This information is meant to be a general summary of St Basil Educational Endowment. 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 2021.
- Investment Income: $2,202
- Gross Receipts: $55,975
Assets and Liabilities:
- Total Assets: $584,223
- Total Liabilities: $35,000
- Net Assets: $549,223
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Organization Details
Founding Year
1982
Principal Officer
Frank Overton
Main Address
PO BOX 522, SOUTH HAVEN, MI, 49090
NTEE Category
Code: B82 - Education
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