Overview
What is Mt Olive Parent Teacher Organization?
The Mt Olive Parent Teacher Organization, based in Budd Lake, New Jersey, is a nonprofit entity that actively supports various educational programs at Mt Olive Middle School. This organization fosters a collaborative relationship between teachers, staff, and students, working together to enhance the school environment. By providing financial resources, the Mt Olive PTO contributes significantly to the success of these programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Star Rating)
The Mt Olive Parent Teacher Organization has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization has performed well in several key areas, including having a fully independent board, documented board meeting minutes, and a favorable liabilities to assets ratio of 0.00%. These strengths suggest a commitment to transparency and sound financial practices.
However, the organization scored lower in the program expense ratio, with only 63.22% of its expenses going directly towards programs. This may indicate that a significant portion of funds is allocated to administrative or fundraising costs, which could raise concerns among stakeholders about the overall impact of their contributions.
Overall, while the Mt Olive Parent Teacher Organization demonstrates strong governance and financial management, there are areas for improvement in maximizing program funding to enhance the benefits it provides to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Mt Olive Parent Teacher Organization legitimate?
Mt Olive Parent Teacher Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Olive Parent Teacher Organization 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 Mt Olive Parent Teacher Organization?
The Mount Olive Parent Teacher Organization (PTO) serves as a collaborative partnership between teachers, staff, and students. Their primary mission is to support various school programs financially. This collaboration aims to enhance the educational experience for the students, fostering a strong connection and active participation among the school community.
Who is the CEO of Mt Olive Parent Teacher Organization?
Latonya Johnson is the Principal Officer of Mt Olive Parent Teacher Organization.
What is the revenue of Mt Olive Parent Teacher Organization?
Mt Olive Parent Teacher Organization's revenue in 2023 was $38,779.
Who are the executives of Mt Olive Parent Teacher Organization and what are their salaries?
There 4 volunteers at Mt Olive Parent Teacher Organization.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mt Olive Parent Teacher Organization?
Mt Olive Parent Teacher Organization's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mt Olive Parent Teacher Organization
The Mount Olive Parent Teacher Organization, often abbreviated as Mt. Olive PTO, serves as a collaborative platform between teachers, staff, and students at Mount Olive Middle School. Their primary mission is to foster this partnership, aiming to support various educational programs within the school through financial contributions.
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Impact
August, 2024
The impact of Mt Olive Parent Teacher Organization is significant in supporting various school programs at Mount Olive Middle School in Budd Lake, NJ. Through their partnership with teachers, staff, and students, the PTO provides essential funds that enhance the educational experience and activities available to the school community. Their involvement plays a crucial role in enriching the academic environment and fostering a positive school culture.
This information is meant to be a general summary of Mt Olive Parent Teacher Organization. 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.
- Gross Receipts: $38,779
Assets and Liabilities:
- Total Assets: $23,848
- Total Liabilities: $0
- Net Assets: $23,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Organization Details
Founding Year
2017
Phone
(973) 945-3352Principal Officer
Latonya Johnson
Main Address
160 WOLFE ROAD, BUDD LAKE, NJ, 07828
NTEE Category
Code: B94 - Education
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