Overview
What is Public Schools Of Calumet Laurium & Keweenaw Foundation Inc?
The Public Schools of Calumet Laurium & Keweenaw Foundation Inc is a nonprofit organization, headquartered with undisclosed information, dedicated to supporting the educational needs of students within the CLK Public Schools system. Their primary mission involves providing essential aid and resources to enhance the educational experience and overall well-being of these students. The foundation strives to make a tangible difference in the school system, working tirelessly to ensure the success and growth of its students.
Official website here: www.clkfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating
The Public Schools of Calumet Laurium & Keweenaw Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of transparency and accountability. With an overall score of 69%, the foundation demonstrates strong performance in certain areas, such as having a fully independent board and a high program expense ratio, which reflects a commitment to utilizing funds for its educational programs.
However, the organization has notable weaknesses, particularly concerning its governance policies. The absence of a conflict of interest policy, a whistleblower policy, and a document retention policy raises concerns about the foundation's adherence to best practices for accountability. These deficiencies may impact stakeholder confidence in the organization's operational integrity.
Despite these limitations, the foundation's high program expense ratio of 98.24% suggests that it effectively directs the vast majority of its resources towards fulfilling its mission. The presence of board meeting minutes and a favorable liabilities to assets ratio further reinforces its financial stability. Overall, while there are areas for improvement, the foundation shows dedication to supporting public education in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Public Schools Of Calumet Laurium & Keweenaw Foundation Inc legitimate?
Public Schools Of Calumet Laurium & Keweenaw Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Public Schools Of Calumet Laurium & Keweenaw 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.clkfoundation.org
What is the mission statement of Public Schools Of Calumet Laurium & Keweenaw Foundation Inc?
The Public Schools Of Calumet Laurium & Keweenaw Foundation Inc's mission is centered around supporting the students of the CLK Public Schools system. Their primary objective is to provide essential aid and assistance to these students, thereby enhancing the overall educational experience. The foundation's activities are geared towards strengthening the CLK school system, as detailed in their mission description. While specifics on the methods or extent of this support are not provided, it can be inferred that their mission is to foster a conducive learning environment for the students under their care.
Official website here: www.clkfoundation.org
What is the revenue of Public Schools Of Calumet Laurium & Keweenaw Foundation Inc?
Public Schools Of Calumet Laurium & Keweenaw Foundation Inc's revenue in 2024 was $397,801.
Official website here: www.clkfoundation.org
Who are the executives of Public Schools Of Calumet Laurium & Keweenaw Foundation Inc and what are their salaries?
There 10 volunteers at Public Schools Of Calumet Laurium & Keweenaw Foundation Inc.
Here are 10 key members and their salaries:
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Official website here: www.clkfoundation.org
Where can I find the form 990 for Public Schools Of Calumet Laurium & Keweenaw Foundation Inc?
Public Schools Of Calumet Laurium & Keweenaw Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.clkfoundation.org
Learn more at the official website: www.clkfoundation.org
Mission Statement of Public Schools Of Calumet Laurium & Keweenaw Foundation Inc
The Public Schools of Calumet Laurium & Keweenaw Foundation Inc is committed to providing support for the students of the CLK Public Schools system. Their mission is to enhance the educational experience of these students by offering necessary assistance. This nonprofit organization focuses on providing student support, aiming to bolster the CLK school system as a whole. The specifics of their activities are outlined on page 1, line 10, which suggests a comprehensive and dedicated approach to supporting the students in their educational journey.
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Impact
July, 2024
Public Schools Of Calumet Laurium & Keweenaw Foundation Inc's impact lies in providing crucial support for the students of the CLK Public Schools in Calumet, MI. Through their student support programs, they aim to enhance the educational experience and well-being of students within the school system. This initiative ultimately contributes to the academic success and personal growth of the students, thereby positively impacting the local community.
This information is meant to be a general summary of Public Schools Of Calumet Laurium & Keweenaw 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $193,758
- Gross Receipts: $519,663
Assets and Liabilities:
- Total Assets: $4,628,115
- Total Liabilities: $49,564
- Net Assets: $4,578,551
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Organization Details
Founding Year
1995
Principal Officer
Joel Asiala
Website
www.clkfoundation.orgNTEE Category
Code: B12 - Education
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