Overview
What is Bassett Education Foundation?
The Bassett Education Foundation is a nonprofit organization dedicated to supporting and enriching the educational programs and activities at the Bassett Unified School. It serves as a financial platform for various projects and initiatives, aiming to complement and improve the existing educational offerings. The foundation values community input in grant allocation for educational promotional activities. After thorough board review and assessment of the district's needs, grants are awarded, ensuring effective use of the funds by the recipients.
Official website here: www.busdfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
The Bassett Education Foundation has earned a 76% rating from Charity Navigator, indicating a solid level of accountability and finance management. The foundation scores particularly well in areas such as having a fully independent board and maintaining a favorable liabilities to assets ratio, demonstrating strong fiscal health and governance practices.
However, the organization has notable gaps in its policies, as it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions could pose risks regarding transparency and ethical standards within the organization, which are critical areas for nonprofits to address to maintain trust with donors and stakeholders.
Despite these limitations, the foundation allocates 100% of its expenses to programs, highlighting a commitment to its mission and effective use of funds. Overall, while the foundation shows strengths in governance and financial management, improvements in policy frameworks would enhance its overall accountability and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Bassett Education Foundation legitimate?
Bassett Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bassett Education 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
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Official website here: www.busdfoundation.org
What is the mission statement of Bassett Education Foundation?
The Bassett Education Foundation's mission is to establish a platform for funding and executing activities, projects, and functions that improve, supplement, and augment the educational programs and activities currently offered by the Bassett Unified School. The foundation encourages community input in grant allocation for various educational promotional activities. Grants are awarded following a thorough review by the board, taking into account the needs within the school district. Subsequently, the foundation ensures that the recipients utilize the grants effectively.
Official website here: www.busdfoundation.org
Who is the CEO of Bassett Education Foundation?
Nicholas Drakos is the President of Bassett Education Foundation.
Official website here: www.busdfoundation.org
What is the revenue of Bassett Education Foundation?
Bassett Education Foundation's revenue in 2023 was $0.
Official website here: www.busdfoundation.org
Who are the executives of Bassett Education Foundation 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
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.busdfoundation.org
Where can I find the form 990 for Bassett Education Foundation?
Bassett Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.busdfoundation.org
Learn more at the official website: www.busdfoundation.org
Mission Statement of Bassett Education Foundation
The Bassett Education Foundation is dedicated to serving an essential role in enhancing and enriching the educational programs and activities offered by the Bassett Unified School. As a platform for financing and executing various projects, the foundation seeks to complement and supplement the existing educational offerings. To achieve this mission, the Bassett Education Foundation solicits input from the local community when awarding grants for promotional educational activities. The foundation's grant process involves a thorough review by its board, ensuring that the awarded funds are utilized effectively within the school district. This nonprofit organization's mission is to contribute to the betterment of educational experiences for students in the Bassett Unified School district.
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Impact
October, 2024
Bassett Education Foundation plays a crucial role in enhancing and enriching the educational landscape of the Bassett Unified School District. By financing and undertaking various activities and projects, the foundation complements the existing education programs, ensuring that students receive a well-rounded learning experience.
The foundation actively engages with the community to identify needs and prioritize funding through grants for educational initiatives. This collaborative approach ensures that resources are directed toward the most pressing requirements within the district. Each grant is awarded following a thorough review process, guaranteeing that support is given where it will have the most significant impact.
Moreover, the foundation is committed to accountability, monitoring the use of granted funds to ensure they effectively contribute to the intended educational outcomes. Through its initiatives, Bassett Education Foundation significantly enriches the educational experiences of students, promoting a more robust and supportive learning environment.
This information is meant to be a general summary of Bassett Education 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 2023.
Assets and Liabilities:
- Total Assets: $7,407
- Total Liabilities: $0
- Net Assets: $7,407
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Organization Details
Founding Year
2008
Phone
(626) 931-3045Principal Officer
Nicholas Drakos
Main Address
904 WILLOW AVENUE, LA PUENTE, CA, 91746
Website
www.busdfoundation.orgNTEE Category
Code: B82 - Education
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