Overview
What is Le Mars Community School District Foundation?
The Le Mars Community School District Foundation is a nonprofit organization, headquartered at 921 3rd Avenue SW, Le Mars, Iowa 51031. Its main objective is to generate funds, primarily for granting scholarships to high school students to aid their higher education. Beyond scholarships, the foundation also offers financial assistance to Le Mars Community School. The organization's mission is multifaceted, encompassing the provision of scholarships and additional financial support to enhance the educational opportunities within the community school district.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
The Le Mars Community School District Foundation has received a solid Three-Star rating from Charity Navigator, indicating a moderate level of overall effectiveness. The foundation's score is driven primarily by its accountability and finance practices, where it has achieved a rating of 75%. This strong rating indicates responsible financial management and a commitment to transparency.
The foundation boasts an entirely independent board, which enhances its governance structure. It has a total of 19 board members, all of whom are independent, ensuring there are no conflicts of interest that could impair its mission. Additionally, the organization has demonstrated strong practices in areas such as document retention, asset management, and program expense ratio, with 100% of expenses directed toward its programs.
There are no significant limitations noted in the available data, as the foundation has effectively mitigated risks associated with financial management and governance. Overall, the Le Mars Community School District Foundation appears to be a well-managed nonprofit focused on supporting educational initiatives in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Le Mars Community School District Foundation legitimate?
Le Mars Community School District Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Le Mars Community School District 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 Le Mars Community School District Foundation?
The Le Mars Community School District Foundation's primary mission is to support high school students in their pursuit of higher education by providing scholarships. Additionally, the foundation offers financial aid to Le Mars Community School beyond college scholarships. The foundation's primary objective is to raise funds, which are then allocated for these educational support initiatives. By providing these scholarships and financial aid, the foundation aims to contribute to the educational growth and development of its beneficiaries.
Who is the CEO of Le Mars Community School District Foundation?
Debra Ahlers is the President of Le Mars Community School District Foundation.
What is the revenue of Le Mars Community School District Foundation?
Le Mars Community School District Foundation's revenue in 2022 was $634,726.
Who are the executives of Le Mars Community School District Foundation and what are their salaries?
Here are 20 key members and their salaries:
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Where can I find the form 990 for Le Mars Community School District Foundation?
Le Mars Community School District Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Le Mars Community School District Foundation
Le Mars Community School District Foundation is an organization dedicated to supporting the educational aspirations of high school students. Their primary mission is to provide scholarships for these students to pursue higher education at colleges. Beyond scholarships, the foundation also offers financial aid to Le Mars Community School itself. The foundation's objective is to raise funds to fulfill these financial commitments, thereby enabling deserving students and the school district to prosper. In essence, Le Mars Community School District Foundation is a philanthropic entity that invests in the future of its community's youth and educational infrastructure.
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Impact
July, 2024
Le Mars Community School District Foundation makes a significant impact by providing scholarships to high school students for college and offering financial support to Le Mars Community School. Through its fundraising efforts, the foundation helps students pursue their educational aspirations and supports the local school community. This assistance plays a vital role in making higher education more accessible to students and contributes to the overall success of the school district.
This information is meant to be a general summary of Le Mars Community School District 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: $3,235
- Gross Receipts: $644,420
Assets and Liabilities:
- Total Assets: $915,493
- Total Liabilities: $0
- Net Assets: $915,493
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Organization Details
Founding Year
1992
Phone
(712) 546-4155Principal Officer
Debra Ahlers
Main Address
921 3RD AVE SW, LE MARS, IA, 51031
NTEE Category
Code: T31 - Philanthropy
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