East Detroit Federation Of Teachers Scholarship Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382558939 ✦ Warren, MI ✦ Designated as a 501(c)(3)

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Overview

What is East Detroit Federation Of Teachers Scholarship Fund Inc?

East Detroit Federation of Teachers Scholarship Fund Inc is a nonprofit organization, based in Warren, Michigan, with a focus on providing educational assistance. They have contributed to the Eastpointe Community Schools, formerly known as the East Detroit Public School System, by distributing 12 literacy kits for K-6 students, granting digital reader access to 42 teachers, and offering the same access to 1,050 students. The primary objective of this nonprofit is to administer a trust established through voluntary contributions, aiming to grant economic aid to deserving graduates hailing from the Eastpointe Community Schools.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two Stars (Needs Improvement)

The East Detroit Federation of Teachers Scholarship Fund Inc received a two-star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and finance practices, there are notable areas needing improvement. The fund scored a perfect 100% in accountability, with an independent board and no material diversion of assets, reflecting sound governance.

However, significant deficiencies were identified in their transparency and policy frameworks. The organization lacks key policies such as conflict of interest, whistleblower, and document retention policies, which collectively resulted in zero points in those areas. Additionally, the absence of essential documents, including their website listing on tax forms, further contributed to the overall "Needs Improvement" rating.

Despite the challenges, the fund efficiently allocates its resources, showing a 100% program expense ratio. This indicates that all of its expenditures are directed toward its charitable programs, which is a positive aspect for potential donors and beneficiaries looking for effective use of funds.


This AI summary has been generated from information found on Charity Navigator.

Is East Detroit Federation Of Teachers Scholarship Fund Inc legitimate?

East Detroit Federation Of Teachers Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Detroit Federation Of Teachers Scholarship Fund Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of East Detroit Federation Of Teachers Scholarship Fund Inc?

The East Detroit Federation Of Teachers Scholarship Fund Inc's mission is centered around providing economic assistance to eligible graduates from the Eastpointe Community Schools, formerly known as the East Detroit Public School System. Through voluntary contributions, the fund aims to support these qualified individuals financially. In addition to this, the organization has provided educational resources such as 12 Literacy Kits for elementary school students, digital reader access for teachers, and an extensive digital reader program for students. The main objective of East Detroit Federation Of Teachers Scholarship Fund Inc is to help these graduates in their post-educational endeavors.

Who is the CEO of East Detroit Federation Of Teachers Scholarship Fund Inc?

John F Didonato is the President of East Detroit Federation Of Teachers Scholarship Fund Inc.

What is the revenue of East Detroit Federation Of Teachers Scholarship Fund Inc?

East Detroit Federation Of Teachers Scholarship Fund Inc's revenue in 2022 was -$15,846.

Who are the executives of East Detroit Federation Of Teachers Scholarship Fund Inc and what are their salaries?

There 12 volunteers at East Detroit Federation Of Teachers Scholarship Fund Inc.


Here are 12 key members and their salaries:


Edward Craine (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Grager (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Hing (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Mathison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Palmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Palleschi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darlene Zaverzence (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Zajac (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Zaverzence (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Didonato (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Hertel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Palubin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for East Detroit Federation Of Teachers Scholarship Fund Inc?

East Detroit Federation Of Teachers Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of East Detroit Federation Of Teachers Scholarship Fund Inc

The East Detroit Federation of Teachers Scholarship Fund Inc, as its name suggests, is an organization dedicated to administering a trust funded by voluntary contributions. Its primary mission, established for graduates of the Eastpointe Community Schools, is to extend economic assistance. In simpler terms, this nonprofit entity aims to provide monetary aid to deserving individuals who have completed their education within the Eastpointe Community Schools, formerly known as the East Detroit Public School System.

To fulfill its mission, the East Detroit Federation of Teachers Scholarship Fund Inc has taken several steps. One of its initiatives includes offering literacy kits specifically designed for elementary school students, from kindergarten to sixth grade. These kits are intended to enhance the learning experience of young scholars by providing them with essential reading materials. Moreover, the nonprofit extends its assistance to educators as well, granting them digital reader access to facilitate their teaching methods. In addition, the East Detroit Federation of Teachers Scholarship Fund Inc provides digital reader access to a substantial number of students in the community, further promoting literacy and learning. These initiatives, in essence, reflect the organization's commitment to supporting the educational growth and development of its local community.

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Impact




October, 2024

The East Detroit Federation of Teachers Scholarship Fund Inc significantly enhances educational opportunities for graduates of the Eastpointe Community Schools. By administering a trust funded by voluntary contributions, the organization provides vital economic assistance that supports students in their pursuit of higher education.

One of the key impacts includes the provision of 12 Literacy Kits specifically designed for students in grades K-6. These kits help foster early literacy skills, ensuring that young learners have access to resources that promote reading and learning. Additionally, the organization has facilitated access to 42 digital readers for teachers, empowering educators with the tools they need to engage their students effectively. Moreover, the fund has granted digital reader access to 1,050 students, broadening their educational resources and helping to bridge the digital divide.

Through these comprehensive initiatives, the East Detroit Federation of Teachers Scholarship Fund Inc plays a crucial role in enhancing the educational landscape for graduates, equipping them with both the resources and support necessary for academic success.




This information is meant to be a general summary of East Detroit Federation Of Teachers Scholarship Fund Inc. 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.

Revenue
-$15,846 (2022)
201120122013201420152016201720182019202020212022$-35,000$0$35,000$70,000$105k
Expenses
$121,683 (2022)
201120122013201420152016201720182019202020212022$0$35,000$70,000$105k$140k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$25,870
  • Gross Receipts: $432,885

Assets and Liabilities:

  • Total Assets: $561,224
  • Total Liabilities: $0
  • Net Assets: $561,224

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Organization Details

Founding Year

1985

Principal Officer

John F Didonato

Main Address

30092 Mirage Ct, Warren, MI, 480932587

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