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Parma City Schools Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 452404021 ✦ Parma, OH ✦ Designated as a 501(c)(3)

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Overview

What is Parma City Schools Foundation?

The Parma City Schools Foundation is a nonprofit organization that plays a significant role in supporting the Parma City School District. It provides various forms of assistance, including scholarships for students and educator grants for teachers. Their activities extend beyond financial aid, as they also manage operational costs such as OCR, insurance, bank fees, and software subscriptions. Specifically, they cover expenses like QuickBooks, Square, Nutrition Services, and American Share Loss, while also setting aside funds for specific projects like Woodside. Additionally, the foundation offers a stipend as a form of recognition and support for their educators. Overall, the Parma City Schools Foundation is committed to enhancing the educational experience for both students and teachers in the Parma City School District.

Is Parma City Schools Foundation legitimate?

Parma City Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parma City Schools Foundation submitted a form 990EZ, 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.

What is the mission statement of Parma City Schools Foundation?

The Parma City Schools Foundation's mission involves providing support to the Parma City School District. It accomplishes this by granting scholarships to students and awarding educator grants to teachers throughout the year. The foundation also incurs various expenses such as OCR, insurance, bank fees, and software subscriptions, among others. However, the primary focus of the Parma City Schools Foundation is to contribute positively to the educational community by providing financial assistance and resources.

Who is the CEO of Parma City Schools Foundation?

Richard S Meeks Jr is the Treasurer of Parma City Schools Foundation.

What is the revenue of Parma City Schools Foundation?

Parma City Schools Foundation's revenue in 2022 was $140,929.

Who are the executives of Parma City Schools Foundation and what are their salaries?


Here are 7 key members and their salaries:


Richard S Meeks Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbera Filipow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Fedak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig T Philips (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cyndee Bratz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Regas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Parma City Schools Foundation?

Parma City Schools Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Parma City Schools Foundation

The Parma City Schools Foundation, a nonprofit organization, plays a significant role in supporting the Parma City School District. Its primary mission is threefold: granting scholarships to deserving students, awarding educator grants to teachers, and carrying out these activities throughout the year. The foundation's financial activities include various expenses such as $50 for OCR, $100 for insurance, $498 in bank fees, $308 for QuickBooks, $200 for Square, $210 for Nutrition Services, $76 for American Share Loss, and $850 for Woodside, along with a stipend of $612. These expenditures underscore the organization's commitment to contributing to the educational community it serves.

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Impact




October, 2024

The Parma City Schools Foundation significantly enhances the educational landscape of the Parma City School District by providing essential support through scholarships for students and grants for teachers. By facilitating financial assistance, the foundation enables students to pursue higher education opportunities, empowering them to achieve their academic and career goals.

Additionally, the educator grants foster innovation and creativity within the classroom, allowing teachers to bring new ideas and resources to their lessons. This creates a more engaging and effective learning environment for students. The foundation's commitment to education directly contributes to the academic success and overall well-being of the community, making a lasting impact on students and educators alike throughout the calendar year.




This information is meant to be a general summary of Parma City Schools 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.

Revenue
$140,929 (2022)
Expenses
$42,490 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2
  • Program Service Revenue: $68,400
  • Gross Receipts: $140,929

Assets and Liabilities:

  • Total Assets: $207,216
  • Total Liabilities: $0
  • Net Assets: $207,216

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Organization Details

Principal Officer

Richard S Meeks Jr

Main Address

7765 ARBOR WAY, PARMA, OH, 441346945

NTEE Category

Code: B82 - Education

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