Overview
What is Oak Ridge R-Vi Schools Foundation?
The Oak Ridge R-Vi Schools Foundation is a nonprofit organization situated in Oak Ridge, Missouri, specifically at 4198 State Highway E. Its primary mission is to generate funds for programs within the Oak Ridge R-VI School District. This support extends beyond basic needs, as the foundation also manages a scholarship program, providing financial aid to deserving students. By engaging in fundraising activities, the Oak Ridge R-Vi Schools Foundation aims to bolster the educational opportunities and resources available for the district's students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that the Oak Ridge R-Vi Schools Foundation has a fair level of accountability and finance management. The organization excels in maintaining an independent board, with perfect scores for both the majority of independent board members and the independent board size, reflecting strong governance practices.
The foundation demonstrates a commendable program expense ratio of 92.09%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the foundation has no liabilities, which could indicate financial stability. However, the rating also highlights critical areas needing improvement, particularly in transparency and governance, as several key policies and documents are missing from their public website.
The absence of a conflict of interest policy, whistleblower policy, and other important governance documents detracts from the overall rating. This lack of transparency can raise concerns among potential donors about the foundation's operational integrity. To enhance its rating and public trust, the Oak Ridge R-Vi Schools Foundation should address these deficiencies and improve its online presence regarding essential documents and policies.
This AI summary has been generated from information found on Charity Navigator.
Is Oak Ridge R-Vi Schools Foundation legitimate?
Oak Ridge R-Vi Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Ridge R-Vi Schools 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: $0
For more financial information, click here
What is the mission statement of Oak Ridge R-Vi Schools Foundation?
The Oak Ridge R-Vi Schools Foundation's primary objective is to raise funds for the Oak Ridge R-VI School District. One of their key initiatives is to establish a scholarship program. Their mission is to support the educational needs of the district by securing financial resources. Their activities primarily focus on fundraising, aiming to enhance the educational opportunities for students in the district. The foundation's scholarship program provides financial aid to deserving students, helping them pursue their educational goals. By providing these funds, the foundation aims to make a significant impact on the lives of students within the district.
Who is the CEO of Oak Ridge R-Vi Schools Foundation?
Tom Sachse is the President of Oak Ridge R-Vi Schools Foundation.
What is the revenue of Oak Ridge R-Vi Schools Foundation?
Oak Ridge R-Vi Schools Foundation's revenue in 2022 was $19,173.
Who are the executives of Oak Ridge R-Vi Schools Foundation and what are their salaries?
There 10 volunteers at Oak Ridge R-Vi Schools Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Oak Ridge R-Vi Schools Foundation?
Oak Ridge R-Vi Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oak Ridge R-Vi Schools Foundation
The Oak Ridge R-Vi Schools Foundation is dedicated to raising funds for the Oak Ridge R-VI School District and supporting a scholarship program. In essence, this nonprofit organization plays a vital role in providing financial assistance for various educational initiatives within the district. By funding these programs, the Oak Ridge R-Vi Schools Foundation aims to contribute to the overall development and success of the Oak Ridge R-VI School District. Additionally, the foundation offers scholarships to deserving students, providing them with financial aid to further their education. The mission of the Oak Ridge R-Vi Schools Foundation is to foster educational growth and opportunities within the community, thereby enhancing the future of its students.
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Impact
October, 2024
The Oak Ridge R-VI Schools Foundation significantly enhances educational experiences and opportunities within the Oak Ridge R-VI School District. By fundraising for various school programs, it ensures that essential resources are available, enriching the curriculum and extracurricular activities for students.
Additionally, the foundation supports a scholarship program that aids students in pursuing higher education, making a lasting impact on their lives and future prospects. Overall, its efforts foster a strong community spirit, promote academic excellence, and empower students to reach their full potential.
This information is meant to be a general summary of Oak Ridge R-Vi Schools 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: $219
- Gross Receipts: $19,173
Assets and Liabilities:
- Total Assets: $112,964
- Total Liabilities: $0
- Net Assets: $112,964
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Organization Details
Founding Year
1998
Phone
(573) 266-3218Principal Officer
Tom Sachse
Main Address
4198 STATE HIGHWAY E, OAK RIDGE, MO, 63769
NTEE Category
Code: T11 - Philanthropy
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