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Benzie Central Schools Foundation Inc

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

EIN: 382969375 ✦ Benzonia, MI ✦ Designated as a 501(c)(3)

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Overview

What is Benzie Central Schools Foundation Inc?

Benzie Central Schools Foundation Inc, based in Benzonia, Michigan, is a dedicated nonprofit organization. Their primary purpose is to provide scholarships, grants, and support for students, faculty, and the broader community associated with Benzie Central Schools. By offering these resources, they aim to positively impact the educational journey and future prospects of local students. The organization's mission reflects its commitment to fostering growth and opportunities within the Benzie Central Schools community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating signifies that Benzie Central Schools Foundation Inc has a moderate level of accountability and transparency in its operations. The score results from a comprehensive evaluation of its financial health and governance practices.

The foundation excels in various areas, earning perfect scores for having a completely independent board and no reported material diversion of assets. With an impressive program expense ratio of 96.40%, the organization demonstrates a strong commitment to directing funds toward its educational initiatives. Additionally, the documentation of board meeting minutes indicates a solid level of governance.

However, while the foundation has strong accountability aspects, the overall score reflects a need for improvement in other areas beyond financial metrics. The organization may benefit from enhancing its engagement with stakeholders and showcasing its impact more effectively to strengthen its overall rating and community trust.


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

Is Benzie Central Schools Foundation Inc legitimate?

Benzie Central Schools Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benzie Central Schools Foundation Inc 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

What is the mission statement of Benzie Central Schools Foundation Inc?

The Benzie Central Schools Foundation Inc's mission is centered around providing support, in the form of scholarships and grants, for students, faculty, and the community associated with the Benzie Central Schools. This organization aims to enrich the educational experience and opportunities for individuals within this educational institution, fostering growth and development. The foundation's primary activity involves offering financial aid to students from Benzie County, contributing positively to their academic journeys and future endeavors.

What is the revenue of Benzie Central Schools Foundation Inc?

Benzie Central Schools Foundation Inc's revenue in 2023 was $91,269.

Who are the executives of Benzie Central Schools Foundation Inc and what are their salaries?

Here are 5 key members and their salaries:


Michelle Herron (Financial Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Micinski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Nordbeck (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Rodriguez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Benzie Central Schools Foundation Inc?

Benzie Central Schools Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Benzie Central Schools Foundation Inc

Benzie Central Schools Foundation Inc is committed to providing scholarships, grants, and support for the students, faculty, and community associated with Benzie Central Schools. This nonprofit organization's mission is to enhance the educational opportunities and well-being of the students and educators within the Benzie County schools. By offering financial aid in the form of scholarships and grants, Benzie Central Schools Foundation Inc empowers deserving students to pursue their academic goals and fulfill their potential. Additionally, the foundation extends its support to the faculty and wider community, fostering a sense of unity and shared purpose within the educational institution.

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Impact




August, 2024

Benzie Central Schools Foundation Inc provides scholarships, grants, and support for Benzie Central Schools students, faculty, and the community. This impact is crucial in providing financial assistance and educational opportunities for students in Benzie County schools. By offering scholarships for students and graduates, the foundation helps to promote educational advancement and access to higher education. Additionally, the grants and support provided contribute to enhancing the overall educational experience and well-being of the school community. Through its efforts, the foundation plays a vital role in supporting education and fostering success within the Benzie Central Schools system.




This information is meant to be a general summary of Benzie Central Schools Foundation Inc. 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
$91,269 (2023)
Expenses
$102,339 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $6,025
  • Gross Receipts: $1,150,633

Assets and Liabilities:

  • Total Assets: $540,949
  • Total Liabilities: $0
  • Net Assets: $540,949

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Organization Details

Principal Officer

Michelle Herron

NTEE Category

Code: B82Z - Education

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