Overview
What is Sheldon Community School Educational Foundation?
Sheldon Community School Educational Foundation is a nonprofit organization situated in Sheldon, Iowa. Their primary mission is to support the educational growth of the community by providing post-secondary school scholarships for graduating seniors and investing in resources to enhance the learning experience of students within the Sheldon Community School District. The foundation aims to widen educational service opportunities for its students, staff, faculty, and the local residents, working tirelessly to develop, maintain, and expand the district's facilities, services, and resources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
The Sheldon Community School Educational Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 94%, the foundation demonstrates an excellent commitment to transparency and effective financial management, which is crucial for gaining donor trust and support. The organization's high rating is entirely derived from its stellar accountability and finance score.
One of the notable strengths of the foundation is its composition of an entirely independent board, which scores a perfect 10 out of 10. This independence, paired with effective governance practices such as the presence of a conflict of interest policy and a whistleblower policy, underscores the foundation's commitment to ethical standards. Additionally, the foundation maintains a robust program expense ratio of 89.52%, indicating that a significant portion of its funds is directed towards its educational initiatives.
While the data reflects strong financial health, with no liabilities reported, the foundation should continue to maintain its high standards to ensure lasting impact in the community. Overall, the Sheldon Community School Educational Foundation exemplifies responsible management and commitment to its mission, positioning itself as a trustworthy organization for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Sheldon Community School Educational Foundation legitimate?
Sheldon Community School Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheldon Community School 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.
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What is the mission statement of Sheldon Community School Educational Foundation?
The Sheldon Community School Educational Foundation is established with the primary objective of operating for educational, charitable, and scientific purposes. Its mission is to uphold, advance, and enhance the facilities, services, and resources within the Sheldon Community School District. The foundation aims to offer broader educational service opportunities to its students, staff, faculty, and the local community, serving the geographical area it operates in.
Who is the CEO of Sheldon Community School Educational Foundation?
Jim Buenger is the Director of Sheldon Community School Educational Foundation.
What is the revenue of Sheldon Community School Educational Foundation?
Sheldon Community School Educational Foundation's revenue in 2022 was $775,619.
Who are the executives of Sheldon Community School Educational Foundation and what are their salaries?
There 10 volunteers at Sheldon Community School Educational Foundation.
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Where can I find the form 990 for Sheldon Community School Educational Foundation?
Sheldon Community School Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheldon Community School Educational Foundation
The Sheldon Community School Educational Foundation is established with a primary objective to operate for educational, charitable, and scientific purposes. Its mission is to support and enhance the facilities, services, and resources of the Sheldon Community School District. By doing so, the foundation aims to offer broader educational service opportunities to the district's students, staff, faculty, and the residents in the geographical area it serves. Essentially, the Sheldon Community School Educational Foundation strives to make a significant impact on the educational landscape within its community, ensuring that the district and its residents have access to the best possible educational resources and opportunities.
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Impact
July, 2024
Sheldon Community School Educational Foundation's impact is significant in enhancing the learning experience of students within the Sheldon Community School District. The foundation annually awards post-secondary school scholarships to graduating seniors, providing them with financial support to pursue their educational goals. Additionally, the foundation funds various initiatives in the school district to improve facilities, services, and resources, thereby enriching the educational opportunities available to students, staff, faculty, and residents in the area. Through its focus on educational, charitable, and scientific purposes, the foundation plays a crucial role in supporting the educational development of the community it serves.
This information is meant to be a general summary of Sheldon Community School 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 2022.
- Investment Income: $56,864
- Gross Receipts: $1,054,639
Assets and Liabilities:
- Total Assets: $1,305,946
- Total Liabilities: $0
- Net Assets: $1,305,946
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Organization Details
Founding Year
1987
Phone
(712) 348-4118Principal Officer
Jim Buenger
Main Address
830 23RD AVE, SHELDON, IA, 51201
NTEE Category
Code: B11 - Education
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