Overview
What is Mcfarland Education Foundation?
The McFarland Education Foundation is a nonprofit organization situated in McFarland, Wisconsin. Their primary mission is to expand the prospects of higher education by offering scholarships to local high school graduates. This philanthropic entity also aims to fund initiatives that enhance educational opportunities within McFarland schools, thereby contributing to the overall development of the community's educational landscape. The organization's headquarters can be found at 5101 Farwell Street, McFarland, WI 53558.
Official website here: www.mcfarlandeducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. This rating reflects a strong performance in Accountability & Finance, which is the sole basis for the organization’s score. A score of 83% indicates that the Mcfarland Education Foundation demonstrates a solid commitment to financial transparency and responsible management of resources.
The foundation excels in several areas, including having a fully independent board and a high percentage of its expenses directed towards its programs, which stands at 82.04%. Additionally, the organization maintains proper governance practices, including a conflict of interest policy. However, it lacks a whistleblower policy and a document retention and destruction policy, which are notable gaps in its governance framework.
Overall, while the Mcfarland Education Foundation showcases strong accountability practices and effective use of funds, the missing policies indicate areas for improvement. Addressing these gaps could further enhance its operational integrity and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Mcfarland Education Foundation legitimate?
Mcfarland Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcfarland 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.
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Official website here: www.mcfarlandeducationfoundation.org
What is the mission statement of Mcfarland Education Foundation?
The McFarland Education Foundation's mission is centered around expanding access to higher education. They accomplish this by offering scholarships to graduates from McFarland high schools. Additionally, the foundation provides funding for initiatives that aim to enhance educational opportunities within the McFarland school system. In essence, their mission is to support the academic aspirations of local graduates and improve the educational landscape for students within the McFarland community.
Official website here: www.mcfarlandeducationfoundation.org
Who is the CEO of Mcfarland Education Foundation?
Michelle Garvey is the President of Mcfarland Education Foundation.
Official website here: www.mcfarlandeducationfoundation.org
What is the revenue of Mcfarland Education Foundation?
Mcfarland Education Foundation's revenue in 2022 was $59,434.
Official website here: www.mcfarlandeducationfoundation.org
Who are the executives of Mcfarland Education Foundation and what are their salaries?
There 14 volunteers at Mcfarland Education Foundation.
Here are 14 key members and their salaries:
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Official website here: www.mcfarlandeducationfoundation.org
Where can I find the form 990 for Mcfarland Education Foundation?
Mcfarland Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcfarlandeducationfoundation.org
Learn more at the official website: www.mcfarlandeducationfoundation.org
Mission Statement of Mcfarland Education Foundation
The McFarland Education Foundation is committed to expanding access to higher education for its local graduates. To achieve this, the organization provides financial aid in the form of scholarships. Furthermore, McFarland Education Foundation also invests in initiatives that aim to enhance educational opportunities within the McFarland school system. By offering scholarships and supporting educational programs, this nonprofit organization seeks to empower its community members by providing them with the resources necessary to pursue higher education.
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Impact
August, 2024
The Mcfarland Education Foundation's impact is significant in expanding access to higher education for Mcfarland graduates. By providing scholarships to high school graduates, the foundation enables more students to pursue further education and achieve their academic goals. Additionally, the foundation's funding for initiatives that enhance education opportunities in Mcfarland schools helps support the overall educational experience for students in the community. Through these efforts, the Mcfarland Education Foundation plays a crucial role in empowering individuals and strengthening the education sector in Mcfarland, WI.
This information is meant to be a general summary of Mcfarland 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 2022.
- Gross Receipts: $80,225
Assets and Liabilities:
- Total Assets: $765,231
- Total Liabilities: $0
- Net Assets: $765,231
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Organization Details
Founding Year
1992
Phone
(608) 235-6902Principal Officer
Michelle Garvey
Main Address
5101 FARWELL STREET, MCFARLAND, WI, 535580206
NTEE Category
Code: B82 - Education
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