Overview
What is Bayshore Christian School Foundation Inc?
Bayshore Christian School Foundation Inc, headquartered at 316 Presbyterian Drive, Fairhope, Alabama 36532, is a dedicated nonprofit organization. Its primary mission is to fundraise and provide support for Bayside Christian School in Fairhope, Alabama. The foundation accomplishes this by raising funds from various sources and managing endowed funds. One of its significant initiatives includes distributing scholarships to aid students at Bayside Christian School, thereby making education more accessible for those in need. The foundation's role is crucial in ensuring the school's growth and development.
What are the reviews and ratings of this charity?
Charity Navigator rating: 77%, Three-Star out of Four Star rating.
Bayshore Christian School Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance primarily based on its accountability and financial management. The organization scored exceptionally well in various categories, including having a majority of independent board members and no material diversion of assets, which indicates strong governance and ethics.
The foundation's financial health is notable, with an impressive program expense ratio of 92.99%, suggesting that a significant portion of its funds is being directed towards its mission-related activities. Additionally, the organization maintains a high level of liquidity with a working capital ratio of 27.90 years, indicating a strong capacity to meet its financial obligations.
While the rating is commendable, it is derived from a single beacon score focused solely on accountability and finance, which may not reflect other important aspects of organizational effectiveness. However, the strong governance practices and sound financial ratios highlight the foundation's commitment to responsible management.
This AI summary has been generated from information found on Charity Navigator.
Is Bayshore Christian School Foundation Inc legitimate?
Bayshore Christian School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bayshore Christian School 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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What is the mission statement of Bayshore Christian School Foundation Inc?
The Bayshore Christian School Foundation Inc's mission is centered around facilitating fundraising and providing support for a specific educational institution, Bayside Christian School. They aim to accomplish this by raising funds from the general public and managing endowed funds directly for the betterment and development of the school. One of their key initiatives involves distributing scholarships to assist students financially. The foundation's mission ultimately aims to contribute to the school's growth and provide financial aid to its students.
Who is the CEO of Bayshore Christian School Foundation Inc?
Paul Whiteside is the Ex-Officio of Bayshore Christian School Foundation Inc.
What is the revenue of Bayshore Christian School Foundation Inc?
Bayshore Christian School Foundation Inc's revenue in 2023 was $3,000,670.
Who are the executives of Bayshore Christian School Foundation Inc and what are their salaries?
There 20 volunteers at Bayshore Christian School Foundation Inc.
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Where can I find the form 990 for Bayshore Christian School Foundation Inc?
Bayshore Christian School Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bayshore Christian School Foundation Inc
The Bayshore Christian School Foundation Inc is a dedicated organization with a mission to support and foster the growth of Bayside Christian School. Their primary objective is to raise funds from the general public and manage endowed funds for the direct benefit and development of the school. This support extends to providing scholarships, distributing financial aid to students at Bayside Christian School to ensure accessibility and affordability for all. By doing so, the Bayshore Christian School Foundation Inc plays a significant role in contributing to the educational success and opportunities for students at Bayside Christian School.
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Impact
July, 2024
Bayshore Christian School Foundation Inc facilitates fundraising and support for Bayside Christian School in Fairhope, Alabama. One of its key impact areas is providing scholarships to students in need at Bayside Christian School, helping to ensure financial aid is available to those who require assistance. By managing endowed funds and raising money from the general public, Bayshore Christian School Foundation Inc plays a crucial role in supporting the development and growth of Bayside Christian School, ultimately contributing to the educational opportunities available to students in the community.
This information is meant to be a general summary of Bayshore Christian School 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 2023.
- Investment Income: $47,989
- Gross Receipts: $3,046,402
Assets and Liabilities:
- Total Assets: $7,335,268
- Total Liabilities: $0
- Net Assets: $7,335,268
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Organization Details
Founding Year
2010
Phone
(251) 929-0011Principal Officer
Paul Whiteside
Main Address
316 PRESBYTERIAN DRIVE, FAIRHOPE, AL, 36532
NTEE Category
Code: B11 - Education
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