Overview
What is Mcdonell High School Foundation Inc?
The Mcdonell High School Foundation Inc, situated in Chippewa Falls, Wisconsin, is a nonprofit organization with a dedicated mission to support present and future generations of students at Mcdonell Central High School. With an approximate annual service to around 200 students, the foundation engages in charitable, scientific, literary, and educational activities, distributing funds to the high school and other eligible organizations. Their primary goal is to contribute to the educational growth and well-being of the students, ensuring a positive impact on their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
The Mcdonell High School Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. With a score of 77% based solely on the Accountability & Finance beacon, the organization demonstrates a strong commitment to responsible operations. This score reflects the foundation's effective management practices and transparency in its financial dealings.
Strengths of the foundation include a fully independent board, with all ten members meeting criteria for independence, and an excellent performance in financial metrics such as a 0.00% liabilities to assets ratio and an impressive program expense ratio of 81.38%. Fundraising efficiency is also notable, with no fundraising costs indicated, suggesting that the foundation maximizes its resources for programmatic purposes.
Despite the positive aspects highlighted by the rating, the single beacon score means that additional areas of impact and effectiveness are not assessed here. The focus on financial accountability does not provide a complete picture of the foundation’s overall mission effectiveness or community impact, which could be areas to explore further for potential donors or supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Mcdonell High School Foundation Inc legitimate?
Mcdonell High School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcdonell High School 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Mcdonell High School Foundation Inc?
The Mcdonell High School Foundation Inc is committed to engaging in charitable, scientific, literary, and educational activities. Their primary mission is to distribute funds to Mcdonell Central High School and other eligible organizations. The organization's goal is to provide support to current and future generations of students at Mcdonell High School. Approximately 200 students benefit from their annual services.
Who is the CEO of Mcdonell High School Foundation Inc?
Michael Stoffel is the President of Mcdonell High School Foundation Inc.
What is the revenue of Mcdonell High School Foundation Inc?
Mcdonell High School Foundation Inc's revenue in 2022 was $2,058,969.
Who are the executives of Mcdonell High School Foundation Inc and what are their salaries?
There 11 volunteers at Mcdonell High School Foundation Inc.
Here are 12 key members and their salaries:
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Where can I find the form 990 for Mcdonell High School Foundation Inc?
Mcdonell High School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mcdonell High School Foundation Inc
The Mcdonell High School Foundation Inc is committed to engaging in exclusively charitable, scientific, literary, and educational activities. Its primary mission is to provide support to Mcdonell Central High School and other qualifying organizations. This nonprofit organization aims to contribute to the well-being of present and future generations of students at Mcdonell High School. Annually, they serve approximately 200 students, demonstrating their dedication to the school's community.
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Impact
July, 2024
Mcdonell High School Foundation Inc's impact is centered on providing crucial support to present and future generations of McDonell High School students in Chippewa Falls, WI. Serving approximately 200 students annually, the foundation engages in charitable activities to empower educational endeavors within the school. Through its mission to support McDonell Central High School and other qualifying organizations, the foundation plays a vital role in fostering academic growth and opportunities for students in the community.
This information is meant to be a general summary of Mcdonell High School 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 2022.
- Investment Income: $242,291
- Gross Receipts: $4,908,782
Assets and Liabilities:
- Total Assets: $9,517,081
- Total Liabilities: $0
- Net Assets: $9,517,081
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Organization Details
Founding Year
1977
Phone
(715) 563-1786Principal Officer
Michael Stoffel
Main Address
1316 BEL AIR BLVD, CHIPPEWA FALLS, WI, 54729
NTEE Category
Code: B25J - Education
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