Overview
What is South St Paul Educational Foundation?
The South St. Paul Educational Foundation (SSPEF) is a dedicated nonprofit organization situated in South St. Paul, Minnesota. Its primary mission is to invest in the education of the community's future generations by offering scholarships and supplemental classroom program funding to students within the South St. Paul School District. In the recent fiscal year 2022-2023, SSPEF awarded scholarships totaling $455,500 to 140 graduating seniors, ensuring that all eligible applicants received financial assistance. Additionally, the foundation provided funding for classroom enrichment programs, investing in resources such as flexible seating options, sight word pillowcases, and a Cricut machine. Furthermore, SSPEF covered all the International Baccalaureate fees, supporting the entire South St. Paul Public School District. Annual events, like the Walkathon, raise funds for teacher projects and activities, ensuring enhanced opportunities for students.
Official website here: www.sspps.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The South St Paul Educational Foundation has received an 84% rating, which denotes a solid level of accountability and finance management, as reflected in its three-star rating. The organization demonstrates strong governance with a fully independent board and no noted diversion of assets. Additionally, it maintains a favorable liabilities to assets ratio, indicating healthy financial stability.
However, the foundation has room for improvement, particularly in its policy documentation. It currently lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are crucial for ensuring transparency and accountability. Furthermore, the absence of posted tax forms on the nonprofit’s website may limit public access to important financial information.
Overall, while the South St Paul Educational Foundation shows strong financial practices and governance, addressing its policy gaps would enhance its accountability and further strengthen donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is South St Paul Educational Foundation legitimate?
South St Paul Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South St Paul Educational 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,206
For more financial information, click here
Official website here: www.sspps.org
What is the mission statement of South St Paul Educational Foundation?
The South St Paul Educational Foundation's mission is centered around investing in the education of current and future generations of students within their school district. They achieve this by providing scholarships and additional funding for supplemental classroom programs. During the 2022-2023 fiscal year, they awarded scholarships totaling $455,500 to 140 graduating seniors, ensuring that all applicants received financial aid. Additionally, they provided program funding for classroom enrichment activities, covering a variety of expenses such as flexible seating options, educational subscriptions, and field trips. The Foundation also covered all International Baccalaureate fees and hosted a walkathon to raise funds for teacher projects and activities, thereby enhancing opportunities for the district's students.
Official website here: www.sspps.org
Who is the CEO of South St Paul Educational Foundation?
Beth Skwira is the Exec Directo of South St Paul Educational Foundation.
Official website here: www.sspps.org
What is the revenue of South St Paul Educational Foundation?
South St Paul Educational Foundation's revenue in 2023 was $1,562,120.
Official website here: www.sspps.org
Who are the executives of South St Paul Educational Foundation and what are their salaries?
The average compensation at South St Paul Educational Foundation during 2023 was $40,802. There are 4 employees and 30 volunteers at South St Paul Educational Foundation.
Here are 12 key members and their salaries:
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Official website here: www.sspps.org
Where can I find the form 990 for South St Paul Educational Foundation?
South St Paul Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sspps.org
Learn more at the official website: www.sspps.org
Mission Statement of South St Paul Educational Foundation
The South St. Paul Educational Foundation, a nonprofit organization, is dedicated to investing in the education of present and future generations of students within the South St. Paul School District. Its primary mission is to provide scholarships and supplemental funding for classroom programs, aiming to enhance the learning experience for students. During the fiscal year 2022-2023, the foundation awarded scholarships totaling $455,500 to 140 graduating seniors, ensuring that every student who applied received financial aid. The scholarships were distributed across various educational institutions, including 4-year, 2-year, and technical vocational schools.
Beyond scholarships, the South St. Paul Educational Foundation also provides program funding for classroom enrichment. During the same period, it allocated $71,613 for initiatives such as flexible seating options, sight word pillowcases, field trips, and educational resources like Math IXL subscriptions and Cricut machines. The foundation also covered the International Baccalaureate fees for the entire South St. Paul Public School District, supporting the district's commitment to global education.
The South St. Paul Educational Foundation's activities extend beyond financial aid. It organized the annual Walkathon, which raised funds for projects and activities within teachers' classrooms. These funds contribute significantly to providing enhanced opportunities for students in South St. Paul, ensuring a well-rounded and enriching educational experience.
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Impact
July, 2024
South St. Paul Educational Foundation's impact can be seen in the direct support it provides to South St. Paul School District students. In the fiscal year 2022-2023, the foundation awarded scholarships totaling $455,500 to 140 graduating seniors, ensuring that 100% of the students who applied received financial assistance for their educational pursuits. These scholarships covered a wide range of dollar amounts and supported students attending various types of post-secondary institutions.
Additionally, the foundation allocated $71,613 for classroom enrichment programs, enhancing the educational experience for students in South St. Paul. This funding supported initiatives such as flexible seating options, educational resources like math subscriptions and books, equipment for business classes, and even unique experiences like a Ninja Warrior course for physical education classes.
Furthermore, the foundation's commitment to supporting the entire South St. Paul Public School District is evident in its funding of all International Baccalaureate fees. By providing this financial assistance, the foundation ensures that students in the district have access to high-quality educational opportunities.
The foundation also engages the community through events like the annual Walkathon, where students, staff, and families participate to raise funds for classroom projects and activities, further enriching the learning environment for students in South St. Paul. Through its dedication to investing in the education of current and future generations, South St. Paul Educational Foundation positively impacts the lives of students and enhances the overall educational experience in the community.
This information is meant to be a general summary of South St Paul Educational 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 2023.
- Investment Income: $827,073
- Gross Receipts: $2,604,179
Assets and Liabilities:
- Total Assets: $10,868,124
- Total Liabilities: $10,767
- Net Assets: $10,857,357
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Organization Details
Founding Year
1984
Phone
(651) 457-9440Principal Officer
Beth Skwira
Main Address
521 MARIE AVENUE, SOUTH ST PAUL, MN, 55075
Website
www.sspps.orgNTEE Category
Code: B122 - Education
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