Overview
What is North Lake Education Foundation Inc?
North Lake Education Foundation Inc, located in Silver Lake, Oregon, serves as a supportive organization for the North Lake School District. Their primary mission is to provide enrichment funding for various activities and materials within the district. This includes constructing facilities such as a track, installing a baseball scoreboard, and setting up wrestling mats. By doing so, they aim to enhance the educational experience for the district's students, contributing to their overall development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The North Lake Education Foundation Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance with an overall score of 80%. This rating is derived entirely from its Accountability & Finance metrics, indicating a strong emphasis on transparent and responsible fiscal management practices.
The organization demonstrates a robust governance structure, with a fully independent board consisting of five members. It has also maintained a clean financial record, showing no material diversion of assets and an excellent liabilities to assets ratio of 0.00%. The foundation's commitment to transparency is further evidenced by its documented board meeting minutes and an established conflict of interest policy.
While the foundation has a commendable program expense ratio of 81.84%, suggesting that a significant portion of its spending is directed towards its programs, specific details about its overall impact or programmatic effectiveness are not highlighted. This information would provide a more comprehensive view of the foundation's contributions to education in the community.
This AI summary has been generated from information found on Charity Navigator.
Is North Lake Education Foundation Inc legitimate?
North Lake Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Lake 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of North Lake Education Foundation Inc?
The North Lake Education Foundation Inc serves as a supporting organization for the North Lake School District, with its primary goal being to provide enrichment funding for various activities and necessary materials. Its mission is to enhance the educational experience of students by funding projects that go beyond the regular curriculum, thereby fostering a well-rounded educational environment. The foundation has undertaken initiatives such as building a track, installing a baseball scoreboard, and providing wrestling mats to support these enrichment activities.
Who is the CEO of North Lake Education Foundation Inc?
David Kerr is the Board Member of North Lake Education Foundation Inc.
What is the revenue of North Lake Education Foundation Inc?
North Lake Education Foundation Inc's revenue in 2022 was $44,310.
Who are the executives of North Lake Education Foundation Inc and what are their salaries?
There 8 volunteers at North Lake Education Foundation Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for North Lake Education Foundation Inc?
North Lake Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of North Lake Education Foundation Inc
North Lake Education Foundation Inc, as a supporting organization for the North Lake School District, aims to provide enrichment funding for various activities and materials. Its primary mission is to enhance the educational experience of students within the district by supplementing the resources available to them. The foundation has set its sights on constructing a track, installing a baseball scoreboard, and procuring wrestling mats, all of which aim to elevate the athletic and extracurricular opportunities for the district's pupils. By doing so, North Lake Education Foundation Inc hopes to contribute to the overall development and well-being of the students in the North Lake School District.
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Impact
October, 2024
North Lake Education Foundation Inc significantly enhances the educational landscape of the North Lake School District. By providing enrichment funding, the foundation supports essential activities and materials that elevate students' learning experiences. Key projects include constructing a track, installing a baseball scoreboard, and acquiring wrestling mats. These initiatives not only improve facilities but also foster a sense of community engagement and school spirit. The foundation's commitment directly impacts student participation in sports and extracurricular activities, promoting physical fitness, teamwork, and personal development among students in Silver Lake, Oregon.
This information is meant to be a general summary of North Lake 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.
- Investment Income: $15
- Gross Receipts: $44,310
Assets and Liabilities:
- Total Assets: $51,888
- Total Liabilities: $0
- Net Assets: $51,888
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Organization Details
Founding Year
2012
Phone
(541) 576-2121Principal Officer
David Kerr
Main Address
57566 FORT ROCK ROAD, SILVER LAKE, OR, 97638
NTEE Category
Code: B11 - Education
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