Overview
What is Kalamazoo Regional Catholic Schools Foundation?
The Kalamazoo Regional Catholic Schools Foundation is a nonprofit organization situated in Kalamazoo, Michigan, specifically at 1000 W KILGORE RD. Its primary mission is to proactively manage and acquire financial resources, aiming to support the Catholic schools within the greater Kalamazoo area, catering to both immediate and long-term requirements. The foundation's purpose is multifaceted, aiming to strengthen the educational infrastructure of these Catholic schools.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Kalamazoo Regional Catholic Schools Foundation has received a 73% rating, indicating areas of strength in its accountability and finance practices. This score reflects a solid commitment to maintaining an independent board, with 100% of its board members being independent, and transparency in documenting board meeting minutes. Additionally, the organization has demonstrated a strong financial position, with a liabilities to assets ratio of 0.00% and a high program expense ratio of 93.81%, meaning most of its expenses directly support its programs.
Despite these strengths, the overall rating is categorized as Two-Star, suggesting that while the foundation meets the basic standards for financial accountability, there may be opportunities for improvement in its operational effectiveness or overall impact. The score is derived solely from the accountability and finance categories, indicating that other aspects, such as programmatic effectiveness or community impact, have not been evaluated in this rating.
Overall, while the Kalamazoo Regional Catholic Schools Foundation shows responsible financial management and governance, stakeholders may want to seek further insight into its operational outcomes to fully assess its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Kalamazoo Regional Catholic Schools Foundation legitimate?
Kalamazoo Regional Catholic Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kalamazoo Regional Catholic 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.
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What is the mission statement of Kalamazoo Regional Catholic Schools Foundation?
The Kalamazoo Regional Catholic Schools Foundation's mission is to actively seek and manage financial resources, ensuring the support of Catholic schools in the greater Kalamazoo area for both short-term and long-term needs. The organization's primary objective is to foster the growth and sustainability of these educational institutions, thereby contributing to their overall success. The foundation's role involves proactively acquiring financial resources to address the schools' various requirements, ensuring their continued operation and improvement over time.
Who is the CEO of Kalamazoo Regional Catholic Schools Foundation?
Matthew Howard is the President of Kalamazoo Regional Catholic Schools Foundation.
What is the revenue of Kalamazoo Regional Catholic Schools Foundation?
Kalamazoo Regional Catholic Schools Foundation's revenue in 2022 was $481,636.
Who are the executives of Kalamazoo Regional Catholic Schools Foundation and what are their salaries?
There 11 volunteers at Kalamazoo Regional Catholic Schools Foundation.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Kalamazoo Regional Catholic Schools Foundation?
Kalamazoo Regional Catholic Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kalamazoo Regional Catholic Schools Foundation
The Kalamazoo Regional Catholic Schools Foundation is committed to actively seeking and managing financial resources to support the Catholic schools in the greater Kalamazoo area, catering to both short-term and long-term needs. In essence, the foundation's mission is to ensure the ongoing success and sustainability of these educational institutions, providing them with the necessary financial support to thrive. By actively managing financial resources, the foundation aims to address various needs and challenges that the Catholic schools may face, ensuring they can continue to deliver quality education to their students.
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Impact
July, 2024
Kalamazoo Regional Catholic Schools Foundation has a significant impact on the Catholic schools in the Greater Kalamazoo area by actively seeking and managing financial resources to support their short-term and long-term needs. Through their dedicated efforts, the foundation helps ensure that these schools have the necessary funding to provide quality education and uphold their mission of educating students in a Catholic environment. By securing financial support, the foundation plays a crucial role in sustaining and enhancing the educational experience for students attending these schools, ultimately contributing to the overall strength and success of Catholic education in the region.
This information is meant to be a general summary of Kalamazoo Regional Catholic 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 2022.
- Investment Income: $297,622
- Gross Receipts: $481,636
Assets and Liabilities:
- Total Assets: $4,443,307
- Total Liabilities: $0
- Net Assets: $4,443,307
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Organization Details
Founding Year
1982
Phone
(269) 381-2646Principal Officer
Matthew Howard
Main Address
1000 W KILGORE RD, KALAMAZOO, MI, 49008
NTEE Category
Code: B20J - Education
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