Overview
What is St Thomas Educational Foundation?
St. Thomas Educational Foundation is a charitable organization dedicated to supporting the educational, literacy, scientific, and spiritual objectives of Saint Thomas the Apostle Catholic School and its students. Their primary mission involves raising, safeguarding, and managing funds to uphold these objectives, thereby contributing to the school's overall development and the growth of its students.
Official website here: www.stthomasgr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 69%)
The St Thomas Educational Foundation has received a two-star rating from Charity Navigator, indicating that there is room for improvement in its accountability and financial practices. While the organization has a solid program expense ratio of 87.86%, suggesting that a significant portion of its resources directly supports its mission, it faces noteworthy challenges in transparency and governance.
The foundation's board consists entirely of independent members, which is a positive aspect, indicating a commitment to ethical oversight. However, it lacks essential policies such as conflict of interest and whistleblower protections, which are critical for maintaining accountability. Additionally, the organization has not made its financial statements available, which hampers the public's ability to assess its financial health.
Despite these limitations, the foundation has demonstrated sound financial management with a liabilities to assets ratio of 0.00%. This suggests that it has no current liabilities, which is a favorable sign. Overall, while the St Thomas Educational Foundation shows promise in program spending and governance independence, it must address its transparency and policy gaps to enhance its overall rating.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about St Thomas Educational Foundation?
94% of 31 reviewers on Facebook recommend St Thomas Educational Foundation. Here is a summary of their reviews:
Many users appreciate the strong sense of community and the supportive environment at the foundation. Reviewers often highlight the enriching experiences available, emphasizing that it fosters both personal and spiritual growth. The overall sentiment reflects a positive view of the foundation as a place where individuals can thrive and celebrate their beliefs together.
Overall, the feedback reveals a committed and enthusiastic community that values the services offered. Participants feel connected and are eager to endorse the foundation for its role in their educational and communal development.
This AI summary has been generated from reviews found on Facebook.
Is St Thomas Educational Foundation legitimate?
St Thomas Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Thomas 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.stthomasgr.org
What is the mission statement of St Thomas Educational Foundation?
The St. Thomas Educational Foundation's mission is centered around raising, safeguarding, and managing funds to foster the educational, literacy, scientific, and spiritual goals of Saint Thomas the Apostle Catholic School and its students. The organization's primary objective is to contribute financially to the school's objectives, ensuring a comprehensive learning experience for its students. The foundation's work encompasses supporting the school's academic, literary, scientific, and spiritual growth, thereby contributing to the overall development of its students.
Official website here: www.stthomasgr.org
What is the revenue of St Thomas Educational Foundation?
St Thomas Educational Foundation's revenue in 2024 was $277,825.
Official website here: www.stthomasgr.org
Who are the executives of St Thomas Educational Foundation and what are their salaries?
There 10 volunteers at St Thomas Educational Foundation.
Here are 7 key members and their salaries:
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Official website here: www.stthomasgr.org
Where can I find the form 990 for St Thomas Educational Foundation?
St Thomas Educational Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.stthomasgr.org
Learn more at the official website: www.stthomasgr.org
Mission Statement of St Thomas Educational Foundation
The St. Thomas Educational Foundation is dedicated to supporting the educational, literacy, scientific, and spiritual objectives of St. Thomas the Apostle Catholic School and its students. This nonprofit organization's primary mission is to raise, protect, and administer funds to ensure the school's continuous growth and success in these areas. By doing so, the foundation aims to contribute to the overall development of its students, fostering an environment that encourages learning, literacy, and spiritual growth.
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Impact
July, 2024
St. Thomas Educational Foundation has a significant impact on supporting the educational, literacy, scientific, and spiritual objectives of St. Thomas the Apostle Catholic School and its students in Grand Rapids, MI. Through raising, protecting, and administering funds, the foundation plays a crucial role in ensuring that the school's students have access to quality education and holistic development. Their work contributes to the overall growth and success of the school community, enriching the lives of students and supporting their academic and personal growth. By prioritizing these aspects of education, the foundation makes a lasting difference in the lives of those it serves.
This information is meant to be a general summary of St Thomas 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $84,212
- Gross Receipts: $277,825
Assets and Liabilities:
- Total Assets: $2,963,451
- Total Liabilities: $0
- Net Assets: $2,963,451
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Organization Details
Founding Year
1983
Principal Officer
Matt Maczka
Website
www.stthomasgr.orgNTEE Category
Code: X00 - Religion related
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