Overview
What is Three Rivers Education Foundation Inc?
Three Rivers Education Foundation Inc is a nonprofit organization situated in Farmington, New Mexico. Their primary mission involves supporting education organizations, managing program funding, and offering leadership assistance. They strive to bridge the gap between educational needs and practical solutions. Additionally, they provide critical education services, such as their High School Equivalency Program, which offers coursework and preparation for migrants aiming to earn their GEDs. This program is available in Las Cruces, New Mexico, and El Paso, Texas, as well as Maricopa County, Arizona, through programs like BHEP2 and MHEP. Furthermore, Three Rivers Education Foundation Inc offers a residency program, TQP, to help future teachers obtain a Master's degree and become certified to teach, providing professional development and mentoring assistance to 50 residents in various areas like Taos, New Mexico, Clint, Texas, and Northeast New Mexico and Southwest Colorado. With a team of 96 employees, they are committed to making a significant impact on the educational landscape.
Official website here: www.threeriverseducationfoundation.org
What are the reviews and ratings of this charity?
**Charity Rating: Needs Improvement (73%) - Two-Star out of Four Star Rating**
The Three Rivers Education Foundation Inc has received a "Needs Improvement" rating from Charity Navigator, indicating significant areas for growth despite a strong score in Accountability & Finance. The organization successfully maintains a high program expense ratio, meaning a considerable portion of its funds directly supports its programs. However, shortcomings in governance practices, such as the absence of conflict of interest and whistleblower policies, point to gaps that may impact its overall effectiveness.
While the board composition reflects a commitment to independence with 80% independent members, the lack of financial transparency owing to missing fiscal documents is noted. The organization's good standing in terms of asset management and its transparency in disclosing executive salaries show some positive aspects, yet the missing policies could affect confidence among stakeholders.
Unfortunately, user reviews from GreatNonprofits are not available at this time, preventing a broader understanding of community sentiment towards the foundation. Overall, while the financial metrics are strong, addressing governance issues will be crucial for the foundation's future credibility and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Three Rivers Education Foundation Inc legitimate?
Three Rivers Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Three Rivers Education 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: $629,616
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,514,617
For more financial information, click here
Official website here: www.threeriverseducationfoundation.org
What is the mission statement of Three Rivers Education Foundation Inc?
Three Rivers Education Foundation Inc's mission is to assist various education organizations by acquiring and managing program funding, providing education leadership support, and bridging the gap between education needs and practical solutions. The foundation also plays a crucial role in brokering critical education services. Their activities include offering high school equivalency programs for migrants to obtain their GEDs, as well as residency programs for future teachers to earn a master's degree and become certified educators. Additionally, they provide professional development and mentoring assistance to new teachers. The foundation's goal is to support education organizations and help shape practical solutions for education needs.
Official website here: www.threeriverseducationfoundation.org
Who is the CEO of Three Rivers Education Foundation Inc?
James Coy is the Executive Di of Three Rivers Education Foundation Inc. The CEO's salary of Three Rivers Education Foundation Inc is $0 and their total compensation is $0.
Official website here: www.threeriverseducationfoundation.org
What is the revenue of Three Rivers Education Foundation Inc?
Three Rivers Education Foundation Inc's revenue in 2022 was $10,703,203.
Official website here: www.threeriverseducationfoundation.org
Who are the executives of Three Rivers Education Foundation Inc and what are their salaries?
The average compensation at Three Rivers Education Foundation Inc during 2022 was $43,169. There are 96 employees at Three Rivers Education Foundation Inc.
Here are 4 key members and their salaries (Three Rivers Education Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.threeriverseducationfoundation.org
Where can I find the form 990 for Three Rivers Education Foundation Inc?
Three Rivers Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.threeriverseducationfoundation.org
Learn more at the official website: www.threeriverseducationfoundation.org
Mission Statement of Three Rivers Education Foundation Inc
Three Rivers Education Foundation, a nonprofit organization, is committed to assisting education institutions, securing and managing funding, offering education leadership support, and fostering connections between educational needs and practical solutions. By doing so, the foundation aims to provide and broker essential education services.
In its mission to support education, Three Rivers Education Foundation has undertaken several initiatives. One of its primary programs involves offering a High School Equivalency Program (GED) for migrants, which includes coursework and preparation. This program is available in Las Cruces, NM, El Paso, TX, and Maricopa County, AZ. Additionally, the foundation provides a Teacher Quality Partnership program, which offers a residency program for future teachers to earn a Master's degree and teaching certification. This program is available in various locations, including Taos, NM and its surrounding area, Clint, TX, and northeast New Mexico and southwest Colorado. The foundation also provides professional development and mentoring assistance to these future teachers.
Beyond these programs, Three Rivers Education Foundation's mission extends to acquiring and managing program funding, offering education leadership support, and building connections between educational needs and practical solutions. This holistic approach allows the foundation to effectively provide and broker critical education services.
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Impact
July, 2024
Three Rivers Education Foundation Inc's impact is significant in providing critical education services to underserved populations. Through its high school equivalency programs, it helps migrants prepare for and obtain their GEDs, empowering them with educational opportunities. Additionally, the foundation's teacher quality partnerships offer residency programs for aspiring teachers to earn master's degrees and certification, enhancing the quality of education in various regions. By bridging education needs with practical solutions and providing essential funding and support, Three Rivers Education Foundation Inc plays a vital role in advancing education and building stronger communities.
This information is meant to be a general summary of Three Rivers Education 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $10,703,203
Assets and Liabilities:
- Total Assets: $964,695
- Total Liabilities: $68,113
- Net Assets: $896,582
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Organization Details
Founding Year
2008
Phone
(505) 436-2548Principal Officer
James Coy
Main Address
2200 BLOOMFIELD HWY SUITE 2200, FARMINGTON, NM, 87401
NTEE Category
Code: B99 - Education
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