Overview
What is Estancia Valley Classical Academy Foundation?
Estancia Valley Classical Academy Foundation is a nonprofit organization situated in Edgewood, New Mexico (PO Box 950). Its primary role is to accumulate and manage funds and resources, with the sole intention of bolstering the operation and growth of Estancia Valley Classical Academy, a public charter school located in New Mexico. The foundation's activities are dedicated to supporting the school's mission, ensuring its success and ongoing development. They do this by maintaining and utilizing funds and properties for this specific purpose.
Official website here: www.evcafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. The Estancia Valley Classical Academy Foundation has shown strong performance in certain areas, particularly with 100% of its board members being independent and a perfect score for the financial audit. The program expense ratio is also commendable at 98.74%, indicating that a significant portion of funds is directed towards its programs.
However, there are notable weaknesses in the foundation's governance and financial management practices. The absence of a conflict of interest policy, whistleblower policy, and document retention policy could raise concerns about the organization's operational transparency. Additionally, the liabilities to assets ratio at 115.49% suggests potential financial instability, highlighting a need for improved asset management.
Overall, while the foundation demonstrates strengths in its program spending and board independence, it faces challenges regarding governance policies and financial health that could impact its long-term sustainability. Stakeholders should consider these factors when evaluating the organization's effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Estancia Valley Classical Academy Foundation legitimate?
Estancia Valley Classical Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Estancia Valley Classical Academy 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
Official website here: www.evcafoundation.org
What is the mission statement of Estancia Valley Classical Academy Foundation?
The Estancia Valley Classical Academy Foundation's primary objective is to collect and manage funds or assets, utilizing them solely for the benefit of Estancia Valley Classical Academy Charter School, a public charter school in New Mexico. Their mission is to provide essential support to this educational institution. The foundation's role includes maintaining facilities that facilitate the school's operation. In essence, the Estancia Valley Classical Academy Foundation exists to augment the resources and capabilities of the Estancia Valley Classical Academy Charter School.
Official website here: www.evcafoundation.org
Who is the CEO of Estancia Valley Classical Academy Foundation?
Alisha Urquhart is the Director of Estancia Valley Classical Academy Foundation.
Official website here: www.evcafoundation.org
What is the revenue of Estancia Valley Classical Academy Foundation?
Estancia Valley Classical Academy Foundation's revenue in 2022 was $873,728.
Official website here: www.evcafoundation.org
Who are the executives of Estancia Valley Classical Academy Foundation and what are their salaries?
There 10 volunteers at Estancia Valley Classical Academy Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.evcafoundation.org
Where can I find the form 990 for Estancia Valley Classical Academy Foundation?
Estancia Valley Classical Academy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.evcafoundation.org
Learn more at the official website: www.evcafoundation.org
Mission Statement of Estancia Valley Classical Academy Foundation
The Estancia Valley Classical Academy Foundation's primary objective is to accumulate and preserve funds or assets, using them solely for the benefit of Estancia Valley Classical Academy Charter School, a public charter school based in New Mexico. This nonprofit organization's mission is to provide essential support to the school, ensuring its smooth operation and growth. By maintaining and managing funds and resources, the Estancia Valley Classical Academy Foundation plays a crucial role in enhancing the educational experiences and opportunities offered by the school.
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Impact
July, 2024
Estancia Valley Classical Academy Foundation's impact is profound in the field of education. By supporting the Estancia Valley Classical Academy Charter School in New Mexico, the foundation plays a crucial role in providing facilities and resources for the operation of this public charter school. Through its commitment to maintaining funds and property exclusively for the benefit of the school, the foundation helps enhance the educational opportunities available to students in the Edgewood community. The foundation's dedication to supporting the mission of the school underscores its significant impact on shaping the educational landscape in the region.
This information is meant to be a general summary of Estancia Valley Classical Academy 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: $1,559
- Program Service Revenue: $806,870
- Gross Receipts: $905,621
Assets and Liabilities:
- Total Assets: $13,591,551
- Total Liabilities: $16,164,395
- Net Assets: -$2,572,844
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
School Lease Income
Revenue
$806,870
Organization Details
Founding Year
2011
Phone
(505) 350-9218Principal Officer
Alisha Urquhart
Main Address
PO Box 950, Edgewood, NM, 87015
Website
www.evcafoundation.orgNTEE Category
Code: B11 - Education
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