Overview
What is Chelsea Education Foundation?
Chelsea Education Foundation is a charitable organization situated within the community. Their primary objective is to amplify educational prospects by bestowing scholarships and grants. This strategic approach aims to foster student learning and stimulate teaching excellence within the educational sector. The foundation's mission is deeply rooted in the belief that investing in education can significantly impact individuals and the community as a whole. By granting scholarships and supporting educational initiatives, Chelsea Education Foundation strives to empower both students and educators, ultimately contributing to a more enriched and knowledgeable community.
Official website here: www.chelseaeducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70% overall score)
The Chelsea Education Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and finance. The foundation demonstrates strong governance with 100% of its board being independent, and there is no evidence of material diversion of assets. However, the organization faces significant concerns due to missing critical policies, including those for conflict of interest and whistleblower protections.
While the foundation has a commendable program expense ratio of nearly 65%, suggesting that a majority of its funds are directed towards its programs, it lacks transparency in its financial practices. The absence of certain required documents on its website, such as the tax form and policies related to document retention, further raises concerns about its operational transparency.
To enhance its rating and public trust, the Chelsea Education Foundation should address the missing policies and documentation. By improving its accountability measures and ensuring compliance with best practices in nonprofit governance, the foundation can better serve its mission and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Chelsea Education Foundation?
100% of six respondents on Facebook recommend the Chelsea Education Foundation. Here is a summary of their reviews:
Reviewers express a strong commitment to the foundation's mission of supporting community and youth initiatives through fundraising efforts. The positive sentiment surrounding the organization highlights a sense of pride among those involved, particularly in regard to providing grants and scholarships to benefit local kids.
Overall, the feedback reflects an enthusiastic community engagement and a belief in the foundation's ability to impact the lives of students positively. The dedication to creating a successful fundraising event reinforces the organization's commitment to its goals and the well-being of the community it serves.
This AI summary has been generated from reviews found on Facebook.
Is Chelsea Education Foundation legitimate?
Chelsea Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chelsea 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.chelseaeducationfoundation.org
What is the mission statement of Chelsea Education Foundation?
The Chelsea Education Foundation's mission is centered around enhancing educational opportunities within the community. They accomplish this by granting scholarships and awards, fostering student learning, and motivating educational staff to excel in their roles. This mission aims to provide a conducive learning environment and encourage personal growth among students and educators alike.
Official website here: www.chelseaeducationfoundation.org
What is the revenue of Chelsea Education Foundation?
Chelsea Education Foundation's revenue in 2023 was $159,887.
Official website here: www.chelseaeducationfoundation.org
Who are the executives of Chelsea Education Foundation and what are their salaries?
There 35 volunteers at Chelsea Education Foundation.
Here are 15 key members and their salaries:
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Official website here: www.chelseaeducationfoundation.org
Where can I find the form 990 for Chelsea Education Foundation?
Chelsea Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chelseaeducationfoundation.org
Learn more at the official website: www.chelseaeducationfoundation.org
Mission Statement of Chelsea Education Foundation
The Chelsea Education Foundation, a nonprofit organization, is dedicated to enhancing educational opportunities within the community. Its mission is achieved through the provision of scholarships and grants. These financial aids are designed to foster student learning and motivate educational excellence among staff members. By doing so, the foundation aims to contribute positively to the educational landscape of the community it serves.
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Impact
August, 2024
Chelsea Education Foundation's impact can be seen in the increased educational opportunities provided to the community. Through the awarding of scholarships and grants, the foundation promotes student learning and supports staff excellence in Chelsea, MI. This emphasis on education contributes to the growth and development of individuals within the community, fostering a more knowledgeable and skilled populace.
This information is meant to be a general summary of Chelsea 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: $6,471
- Gross Receipts: $165,093
Assets and Liabilities:
- Total Assets: $790,029
- Total Liabilities: $0
- Net Assets: $790,029
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Organization Details
Founding Year
1990
Principal Officer
Amy Forehand
NTEE Category
Code: Z99Z - Unknown
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