Overview
What is Central Lee Community School Dist Foun?
The Central Lee Community School Dist Foundation is a nonprofit organization that generously offers scholarships to individual students within its community. Beyond financial aid, it extends its support to various extra-curricular school organizations, such as the Parent-Teacher Organization (PTO) and a club for academically talented and gifted students. This foundation plays an instrumental role in enriching the educational experience of Central Lee School District's students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star Rating
The Central Lee Community School District Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The rating is solely based on a single beacon score, emphasizing the lack of independent board members and missing essential governance policies.
Strengths of the organization include a favorable liabilities to assets ratio of 0.00% and a program expense ratio of 100%, suggesting that all funds are directed towards its programs. However, the foundation has notable weaknesses, including the absence of independent board members and missing key policies such as conflict of interest and whistleblower protections. Additionally, the foundation's website is not properly maintained, as it lacks required documentation.
Overall, while the Central Lee Community School District Foundation demonstrates strong financial management in terms of its program expenses, the lack of accountability measures and board independence raises red flags for potential donors and supporters. Addressing these governance issues could significantly improve its rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Central Lee Community School Dist Foun legitimate?
Central Lee Community School Dist Foun is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Lee Community School Dist Foun 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 Central Lee Community School Dist Foun?
The Central Lee Community School Dist Foundation serves a vital role by providing scholarships to individual students and backing extra-curricular school organizations. Among these organizations, the foundation supports the Parent-Teacher Organization (PTO) and a club specifically designed for talented and gifted students. This non-profit entity aims to empower and aid students in their academic pursuits and extra-curricular activities, fostering a well-rounded educational experience.
Who is the CEO of Central Lee Community School Dist Foun?
Doug Seyb is the President of Central Lee Community School Dist Foun.
What is the revenue of Central Lee Community School Dist Foun?
Central Lee Community School Dist Foun's revenue in 2023 was $190,253.
Who are the executives of Central Lee Community School Dist Foun and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Central Lee Community School Dist Foun?
Central Lee Community School Dist Foun's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Central Lee Community School Dist Foun
The Central Lee Community School Dist Foundation is committed to providing financial assistance to individual students, serving as a valuable resource for deserving learners. Beyond scholarships, this organization also extends its support to extra-curricular school organizations, including the Parent-Teacher Organization (PTO) and a club for gifted and talented students. By doing so, the Central Lee Community School Dist Foundation plays a crucial role in enhancing the educational experiences of its students and fostering a well-rounded community within the school district.
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Impact
October, 2024
Central Lee Community School District Foundation significantly impacts the educational landscape of Montrose, IA, by providing scholarships to individual students. Through these scholarships, the foundation helps facilitate higher education opportunities, empowering students to pursue their academic goals. Additionally, the foundation supports extra-curricular organizations, including the Parent-Teacher Organization (PTO) and a club for talented and gifted students, enriching the overall student experience and fostering a supportive community. By enhancing educational resources and experiences, the foundation plays a crucial role in promoting educational excellence and student engagement within the Central Lee community.
This information is meant to be a general summary of Central Lee Community School Dist Foun. 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: $1,882
- Gross Receipts: $190,253
Assets and Liabilities:
- Total Assets: $1,278,590
- Total Liabilities: $0
- Net Assets: $1,278,590
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Organization Details
Founding Year
2006
Principal Officer
Doug Seyb
Main Address
2324 PEACH ORCHARD RD, MONTROSE, IA, 52639
NTEE Category
Code: B84 - Education
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