Overview
What is Pensacola Beach Elementary School Building Foundation Llc?
Pensacola Beach Elementary School Building Foundation Llc is a nonprofit organization based in Pensacola Beach, Florida, specifically at 900 Via de Luna Dr. Their primary mission is to provide a facility for the Pensacola Beach Elementary School. By doing so, they contribute to the education and well-being of the local community's children, ensuring they have a suitable learning environment. Although the information does not specify the extent of their activities, it is safe to assume that they likely raise funds, organize events, or engage in other initiatives to support the school's facility needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Stars
Pensacola Beach Elementary School Building Foundation LLC has received a 58% rating from Charity Navigator, resulting in a One-Star designation. This score reflects significant concerns regarding the organization’s accountability and financial practices, despite some positive aspects in its governance structure. The foundation boasts a fully independent board, with all members meeting independence criteria, and maintains a high program expense ratio, indicating that the majority of its funds are directed toward its programs.
However, the organization exhibits critical weaknesses in its financial transparency and governance policies. Notably, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are essential for fostering trust and accountability. Additionally, the nonprofit has not made its tax forms accessible on its website, further diminishing its transparency in financial operations.
While the foundation shows strength in its board independence and program funding, the overall low rating highlights significant areas for improvement in governance practices and financial transparency. Addressing these limitations could enhance its credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Pensacola Beach Elementary School Building Foundation Llc legitimate?
Pensacola Beach Elementary School Building Foundation Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pensacola Beach Elementary School Building Foundation Llc 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 Pensacola Beach Elementary School Building Foundation Llc?
The mission of Pensacola Beach Elementary School Building Foundation Llc, in essence, revolves around providing a facility for a primary school. More specifically, their mission is to contribute to the establishment of a learning infrastructure for the Pensacola Beach Elementary School, thereby supporting the educational needs of its students and faculty. This foundation's purpose is to ensure the school has the necessary facilities to deliver high-quality education, ultimately contributing to the overall development of the students.
Who is the CEO of Pensacola Beach Elementary School Building Foundation Llc?
Ken Mccurdy is the President of Pensacola Beach Elementary School Building Foundation Llc.
What is the revenue of Pensacola Beach Elementary School Building Foundation Llc?
Pensacola Beach Elementary School Building Foundation Llc's revenue in 2022 was $83,666.
Who are the executives of Pensacola Beach Elementary School Building Foundation Llc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Pensacola Beach Elementary School Building Foundation Llc?
Pensacola Beach Elementary School Building Foundation Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pensacola Beach Elementary School Building Foundation Llc
Pensacola Beach Elementary School Building Foundation LLC, in its mission, is dedicated to providing a facility for the Pensacola Beach Elementary School. This nonprofit organization's primary goal is to ensure the school has a suitable place for learning and growth, thereby contributing to the education and development of its students. By providing a facility, the foundation assists in creating an environment conducive to learning, enabling the school to deliver quality education to its pupils. This mission is crucial in supporting the overall educational journey of the students, contributing to their future success.
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Impact
October, 2024
Pensacola Beach Elementary School Building Foundation LLC significantly impacts the local community by ensuring the provision and maintenance of a facility dedicated to Pensacola Beach Elementary School. By supporting the infrastructure necessary for educational activities, it fosters an environment where children can thrive academically and socially. This initiative not only benefits students and educators but also enhances the overall quality of education in the area, contributing to the development of future generations. The foundation plays a crucial role in creating a stable and supportive facility that facilitates learning and community engagement on Pensacola Beach.
This information is meant to be a general summary of Pensacola Beach Elementary School Building Foundation Llc. 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: $30,789
- Program Service Revenue: $52,877
- Gross Receipts: $83,666
Assets and Liabilities:
- Total Assets: $1,216,312
- Total Liabilities: $1,120,413
- Net Assets: $95,899
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS RENTS FROM AFFIL
Revenue
$52,877
Organization Details
Founding Year
2002
Phone
(850) 934-4020Principal Officer
Ken Mccurdy
Main Address
900 VIA DE LUNA DR, PENSACOLA BEACH, FL, 325612262
NTEE Category
Code: B112 - Education
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