Overview
What is Manistee Catholic Central Schools Foundation?
Manistee Catholic Central Schools Foundation is a charitable organization with a primary mission to support the educational needs of students attending Manistee Catholic Central School. Based in Manistee, Michigan, the foundation seeks to raise funds through various legal means, including donations, and invests these resources in lawful investments. The generated income is then utilized to aid in financing the students' education, adhering to the foundation's bylaws and exempt purpose. This nonprofit organization is dedicated to enriching the educational experience at Manistee Catholic Central Schools.
Official website here: www.sabers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Manistee Catholic Central Schools Foundation has earned a strong reputation, reflected in its 90% score from Charity Navigator, indicating high accountability and financial health. The foundation boasts a fully independent board of members, which supports transparency and effective governance. It has demonstrated sound financial management practices, including a program expense ratio of 100%, ensuring that all funds are directed towards its charitable mission.
Notably, the foundation has a solid infrastructure with well-documented policies such as a conflict of interest policy and a document retention policy. However, it is important to mention that the foundation is missing a whistleblower policy, which could be seen as a limitation in fostering a culture of transparency and accountability among staff and stakeholders.
Overall, the Manistee Catholic Central Schools Foundation exemplifies strong organizational strengths and a commitment to its mission, though addressing the absence of a whistleblower policy could enhance its governance framework even further.
This AI summary has been generated from information found on Charity Navigator.
Is Manistee Catholic Central Schools Foundation legitimate?
Manistee Catholic Central Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manistee Catholic Central 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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Official website here: www.sabers.org
What is the mission statement of Manistee Catholic Central Schools Foundation?
The Manistee Catholic Central Schools Foundation's main goal is to raise funds through various legal means and invest the accumulated income to aid in the educational expenses of students attending Manistee Catholic Central Schools. As per their bylaws, they contribute to the school's education costs. The foundation is committed to providing financial assistance to students, ensuring they receive a quality education.
Official website here: www.sabers.org
What is the revenue of Manistee Catholic Central Schools Foundation?
Manistee Catholic Central Schools Foundation's revenue in 2024 was $774,316.
Official website here: www.sabers.org
Who are the executives of Manistee Catholic Central Schools Foundation and what are their salaries?
There 20 volunteers at Manistee Catholic Central Schools Foundation.
Here are 13 key members and their salaries:
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Official website here: www.sabers.org
Where can I find the form 990 for Manistee Catholic Central Schools Foundation?
Manistee Catholic Central Schools Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sabers.org
Learn more at the official website: www.sabers.org
Mission Statement of Manistee Catholic Central Schools Foundation
Manistee Catholic Central Schools Foundation is an organization with a mission to secure funds through donations and legal means. Their primary goal is to invest these funds in lawful investments, with the income generated being utilized to support the educational needs of students at Manistee Catholic Central Schools. In accordance with their bylaws, the foundation contributes financially to the education of students at this particular school. The foundation's purpose is to provide for the overall educational development of the students at Manistee Catholic Central School, as outlined in their mission statement.
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Impact
October, 2024
The Manistee Catholic Central Schools Foundation plays a vital role in enhancing the educational experience for students at Manistee Catholic Central Schools. By securing funds through donations and investments, the foundation generates valuable resources that directly support the financial needs of the school. This funding helps to cover various educational expenses, ensuring that students receive quality instruction and access to essential programs.
Through its efforts, the foundation not only contributes to the immediate financial requirements of the school but also invests in the long-term development of educational initiatives. This commitment to empowering students fosters an environment where academic excellence can thrive, ultimately benefiting the entire community. The foundation's impact extends beyond financial support, as it embodies a mission to enhance educational opportunities and promote the values that Manistee Catholic Central Schools stand for.
This information is meant to be a general summary of Manistee Catholic Central 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 2024.
- Investment Income: $63,027
- Gross Receipts: $1,000,184
Assets and Liabilities:
- Total Assets: $1,181,528
- Total Liabilities: $35,499
- Net Assets: $1,146,029
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Organization Details
Founding Year
1984
Principal Officer
Paul Niedzielski
Website
www.sabers.orgNTEE Category
Code: B20 - Education
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