School District Of Independence Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 431831303 ✦ Independence, MO ✦ Designated as a 501(c)(3)

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Overview

What is School District Of Independence Foundation Inc?

The School District of Independence Foundation Inc, based in Independence, Missouri, serves to strengthen the local schools and community. They accomplish this by expanding educational opportunities, fostering community engagement, enhancing learning environments, and offering need-based funding and services to students and their families. As a scholarship administrator, they manage approximately 100 scholarship funds, awarding over 160 scholarships ranging from $100 to $5,000 to students in the Independence School District. Furthermore, they grant over 550 dual credit scholarships, providing high school and college credits to district students. The Foundation's mission is deeply rooted in their commitment to enriching the lives of their community members through educational advancement.


Official website here: www.ourisdf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)

The School District of Independence Foundation Inc has achieved a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With a score of 92% in Accountability & Finance, the organization demonstrates robust governance practices, including an independent board composed entirely of independent members and comprehensive oversight through an audit and oversight committee.

Strengths include a high program expense ratio of 87.87%, indicating that a significant portion of their resources is directed toward their programs rather than administrative expenses. Additionally, the foundation maintains strong policies, such as a conflict of interest policy and a whistleblower policy, enhancing its transparency and ethical standards. The organization has no reported material diversions of assets, further solidifying its credibility.

While the foundation exhibits many strengths, it is essential for potential donors to consider how its financial health translates into programmatic impact. However, the high ratings and adherence to best practices suggest a responsible and effective nonprofit focused on supporting educational initiatives within the community.


This AI summary has been generated from information found on Charity Navigator.

Is School District Of Independence Foundation Inc legitimate?

School District Of Independence Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. School District Of Independence Foundation Inc 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


Official website here: www.ourisdf.org

What is the mission statement of School District Of Independence Foundation Inc?

The School District of Independence Foundation Inc's mission is centered around strengthening schools and communities. This is achieved by broadening educational opportunities, fostering community engagement, enhancing learning environments, and providing need-based funding and services for students and their families. The organization administers various scholarship funds, awarding scholarships ranging from $100 to $5,000 to students in the Independence School District, as well as offering over 550 dual credit scholarships for high school and college credit.


Official website here: www.ourisdf.org

Who is the CEO of School District Of Independence Foundation Inc?

Jim Schultz is the Ex. Dir Thru of School District Of Independence Foundation Inc.


Official website here: www.ourisdf.org

What is the revenue of School District Of Independence Foundation Inc?

School District Of Independence Foundation Inc's revenue in 2022 was $630,563.


Official website here: www.ourisdf.org

Who are the executives of School District Of Independence Foundation Inc and what are their salaries?

There 575 volunteers at School District Of Independence Foundation Inc.


Here are 14 key members and their salaries:


Amy Knipp (Ex. Dir Thru)
  • Compensation: $0
  • Related: $57,683
  • Other: $23,115
Brianna Bolger (Ex. Dir Star)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Donaldson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Cliff Mohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynette Wages (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Finke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Gibbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Buckley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Pollard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dale Herl (Dir. Superin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Randy Maglinger (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Fears (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Schultz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ourisdf.org

Where can I find the form 990 for School District Of Independence Foundation Inc?

School District Of Independence Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ourisdf.org

Learn more at the official website: www.ourisdf.org

Mission Statement of School District Of Independence Foundation Inc

The School District of Independence Foundation Inc is committed to enhancing the educational opportunities and community engagement, with the aim of strengthening the local schools and community at large. This nonprofit organization focuses on improving learning environments, providing need-based funding and services for students and their families. By administering approximately 100 scholarship funds, they have awarded over 160 scholarships ranging from $100 to $5,000 to students within the Independence School District. Additionally, the foundation has offered over 550 dual credit scholarships, granting both high school and college credits to students within the district. Through these initiatives, the School District of Independence Foundation Inc seeks to empower its students and contribute to their overall academic and personal growth.

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Impact




July, 2024

The School District Of Independence Foundation Inc has had a significant impact on the community by expanding educational opportunities and enhancing learning environments for students in the Independence School District. Through their scholarship administration efforts, the foundation has awarded over 160 scholarships, ranging from $100 to $5,000, to deserving students. Additionally, they have provided over 550 dual credit scholarships, allowing students to earn both high school and college credit simultaneously. This support not only benefits individual students but also contributes to the overall improvement of the schools and the community by ensuring that students have access to quality education and necessary resources.




This information is meant to be a general summary of School District Of Independence Foundation Inc. 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.

Revenue
$630,563 (2022)
Expenses
$401,222 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $279,914
  • Gross Receipts: $1,491,910

Assets and Liabilities:

  • Total Assets: $4,285,264
  • Total Liabilities: $101,708
  • Net Assets: $4,183,556

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Organization Details

Founding Year

1992

Principal Officer

Jim Schultz

Main Address

201 N FOREST AVE, INDEPENDENCE, MO, 64050

NTEE Category

Code: B82 - Education

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