Corunna Public Schools Educational Foundation

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

EIN: 382571829 ✦ Corunna, MI ✦ Designated as a 501(c)(3)

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Overview

What is Corunna Public Schools Educational Foundation?

The Corunna Public Schools Educational Foundation is a nonprofit organization, located in the context of Corunna's educational system. Its primary mission is to support the local community by providing scholarships and mini-grants to both students and teachers within the Corunna district. This financial aid is intended to enhance educational opportunities and foster growth in various capacities. The foundation's activities are centered around this mission, aiming to positively impact the local educational environment.


Official website here: www.corunna.k12.mi.us

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Stars

The Corunna Public Schools Educational Foundation has received a high rating of 97%, indicating strong performance in accountability and finance. This score is based entirely on its accountability metrics, where the organization excelled, particularly in maintaining an independent board and having a clear conflict of interest policy.

One of the foundation's significant strengths is its commitment to transparency, as evidenced by its comprehensive policies on whistleblower protection, document retention, and meeting minutes documentation. Furthermore, the foundation demonstrates financial health with a low liabilities-to-assets ratio and a high program expense ratio, signifying that a substantial portion of its funds is directed towards its programs.

There are no noted limitations in the data provided, suggesting that the foundation operates effectively without any significant concerns regarding financial management or governance practices. Overall, the Corunna Public Schools Educational Foundation appears to be a well-managed organization that prioritizes accountability and the responsible use of donor funds.


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

Is Corunna Public Schools Educational Foundation legitimate?

Corunna Public Schools Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corunna Public Schools 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:

Executive Compensation: $4,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.corunna.k12.mi.us

What is the mission statement of Corunna Public Schools Educational Foundation?

The Corunna Public Schools Educational Foundation's mission is centered around providing support for the educational community. Specifically, they offer scholarships and mini-grants to both students and teachers within their realm. This initiative aims to foster learning and growth, contributing to the betterment of the students and educators involved. By offering these financial aids, the foundation seeks to empower individuals and enhance the educational experience.


Official website here: www.corunna.k12.mi.us

Who is the CEO of Corunna Public Schools Educational Foundation?

Peggy Friess is the Executive Di of Corunna Public Schools Educational Foundation.


Official website here: www.corunna.k12.mi.us

What is the revenue of Corunna Public Schools Educational Foundation?

Corunna Public Schools Educational Foundation's revenue in 2023 was $145,009.


Official website here: www.corunna.k12.mi.us

Who are the executives of Corunna Public Schools Educational Foundation and what are their salaries?

There 50 volunteers at Corunna Public Schools Educational Foundation.


Here are 19 key members and their salaries:


Peggy Friess (Executive Di)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Bill Graham (Treasurer)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Kathy Brooks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Crego (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Ganssley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Char Hebekeuser (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hetfield (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Janca (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Labadie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Moore (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Oginsky (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Ray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Rigoulot (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Riley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Vyskocil (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Welty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Woodworth (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Zdunic (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.corunna.k12.mi.us

Where can I find the form 990 for Corunna Public Schools Educational Foundation?

Corunna Public Schools Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.corunna.k12.mi.us

Learn more at the official website: www.corunna.k12.mi.us

Mission Statement of Corunna Public Schools Educational Foundation

The Corunna Public Schools Educational Foundation is committed to supporting the educational growth of Corunna's students and teachers. Their primary mission is to provide scholarships and mini-grants to the students and educators within the Corunna community. This nonprofit organization aims to empower students by offering them financial aid for their academic pursuits and teachers by providing resources for innovative projects and initiatives. By offering these scholarships and mini-grants, the Corunna Public Schools Educational Foundation works towards fostering a nurturing educational environment that encourages excellence and creativity.

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Impact




October, 2024

Corunna Public Schools Educational Foundation significantly enhances educational opportunities for students and teachers in Corunna, MI. By providing scholarships, the foundation supports students in their pursuit of higher education, enabling them to achieve their academic and career aspirations. Additionally, the foundation awards mini grants to teachers, empowering them to implement innovative projects and initiatives that enrich the classroom experience. This impact fosters a culture of learning and growth, benefiting both educators and students within the community.




This information is meant to be a general summary of Corunna Public Schools 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.

Revenue
$145,009 (2023)
Expenses
$79,420 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $36,668
  • Gross Receipts: $172,921

Assets and Liabilities:

  • Total Assets: $872,466
  • Total Liabilities: $151,500
  • Net Assets: $720,966

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Organization Details

Founding Year

1984

Principal Officer

Peggy Friess

Main Address

124 N SHIAWASSEE, CORUNNA, MI, 48817

NTEE Category

Code: B82 - Education

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