Overview
What is Lenawee County Education Foundation?
Lenawee County Education Foundation is a nonprofit organization situated in Adrian, Michigan, specifically at 4107 North Adrian Hwy. Their primary mission is to collect and distribute funds, properties, and gifts for the advantage of the Lenawee Intermediate School District and its educational system. During the 2022-2023 fiscal year, they granted a total of 228 scholarships and awards. This foundation supports the district and its educational system by channeling resources towards their betterment.
Official website here: www.lenaweecef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Lenawee County Education Foundation has earned an 81% rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The score is entirely based on the foundation’s financial practices, indicating a strong commitment to responsible management. High marks were given for the foundation's independent board composition and policies, showcasing its governance and operational integrity.
The foundation boasts a fully independent board with 21 members, which enhances its credibility and decision-making processes. It has no material diversion of assets, ensuring that funds are utilized effectively for its intended purpose. Additionally, it adheres to essential policies such as conflict of interest and whistleblower protections, which are vital for maintaining transparency.
One of the notable strengths of the organization is its high program expense ratio of 98.53%, indicating that a significant portion of its funds is directed towards its educational programs rather than administrative costs. While the overall rating is strong, it reflects a singular focus on financial accountability; thus, potential donors might want to seek additional insights into the foundation's programmatic impact and outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Lenawee County Education Foundation legitimate?
Lenawee County Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lenawee County Education 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.lenaweecef.org
What is the mission statement of Lenawee County Education Foundation?
The Lenawee County Education Foundation's primary mission is to collect and distribute funds, properties, and gifts for the sole benefit of the Lenawee Intermediate School District and its educational system. This non-profit organization's main objective is to support the local educational system by utilizing various forms of donations and gifts. In the recent 2022-2023 fiscal year, the foundation awarded 228 scholarships and grants to individuals within this educational system.
Official website here: www.lenaweecef.org
Who is the CEO of Lenawee County Education Foundation?
David Hickman is the Treasurer of Lenawee County Education Foundation.
Official website here: www.lenaweecef.org
What is the revenue of Lenawee County Education Foundation?
Lenawee County Education Foundation's revenue in 2023 was $878,796.
Official website here: www.lenaweecef.org
Who are the executives of Lenawee County Education Foundation and what are their salaries?
Here are 22 key members and their salaries:
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Official website here: www.lenaweecef.org
Where can I find the form 990 for Lenawee County Education Foundation?
Lenawee County Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lenaweecef.org
Learn more at the official website: www.lenaweecef.org
Mission Statement of Lenawee County Education Foundation
The Lenawee County Education Foundation's primary mission revolves around receiving and dispensing funds, properties, and gifts of all kinds, exclusively benefiting the Lenawee Intermediate School District and its educational system. This nonprofit organization is dedicated to supporting the district and its educational initiatives by utilizing various forms of donations. During the 2022-2023 fiscal year, the foundation awarded 228 scholarships and grants, underscoring its commitment to boosting educational opportunities within the community.
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Impact
July, 2024
The Lenawee County Education Foundation has made a significant impact on the educational system of the Lenawee Intermediate School District. In the 2022-2023 fiscal year alone, the foundation awarded 228 scholarships and grants, providing support to students and educators within the district. This support has helped to enhance educational opportunities, promote academic achievement, and contribute to the overall success of the educational community in Lenawee County. Through its initiatives, the foundation plays a vital role in fostering learning, growth, and excellence in the local education system.
This information is meant to be a general summary of Lenawee County Education 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 2023.
- Investment Income: $8,228
- Gross Receipts: $897,992
Assets and Liabilities:
- Total Assets: $1,398,512
- Total Liabilities: $0
- Net Assets: $1,398,512
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Organization Details
Founding Year
1985
Phone
(517) 265-1640Principal Officer
David Hickman
Main Address
4107 NORTH ADRIAN HWY, ADRIAN, MI, 49221
Website
www.lenaweecef.orgNTEE Category
Code: B82 - Education
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