Overview
What is Ben Franklin Academy Foundation?
The Ben Franklin Academy Foundation is a nonprofit organization that provides support to Ben Franklin Academy, a learning institution. As of fiscal year 2019-2020, the academy had around 930 students, and its current enrollment stands at approximately 965 students. The primary mission of the Ben Franklin Academy Foundation is to aid and assist the academy in its operations, contributing to its educational journey and growth.
Official website here: www.bfacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Overall, the Ben Franklin Academy Foundation has received a Two-Star out of Four Star rating, with an overall score of 66%. This rating indicates areas of concern in the foundation's accountability and financial practices, despite achieving full marks for its independent board members and the absence of material asset diversion.
Strengths of the organization include a completely independent board and a sound liabilities to assets ratio of 0.00%, which demonstrates financial stability. Additionally, it adheres to transparency by listing relevant documents, such as tax forms and board meeting minutes, on its website. However, the foundation faces significant challenges regarding its governance policies.
The lack of essential policies like conflict of interest, whistleblower, and document retention raises red flags about its operational integrity. These missing elements contributed to a lower score in the accountability category, reflecting a need for improvement in governance practices to enhance trust and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Ben Franklin Academy Foundation legitimate?
Ben Franklin Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ben Franklin 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.bfacademy.org
What is the mission statement of Ben Franklin Academy Foundation?
The Ben Franklin Academy Foundation's mission is centered around supporting Ben Franklin Academy. In the fiscal year 2019-2020, the foundation aided over 930 students enrolled in the academy. Currently, the foundation continues to support the academy, now serving approximately 965 students. The primary focus of the Ben Franklin Academy Foundation is to bolster the educational institution, providing it with the necessary resources to thrive.
Official website here: www.bfacademy.org
Who is the CEO of Ben Franklin Academy Foundation?
Matt Keillor is the President/Chair of Ben Franklin Academy Foundation.
Official website here: www.bfacademy.org
What is the revenue of Ben Franklin Academy Foundation?
Ben Franklin Academy Foundation's revenue in 2022 was $3,050.
Official website here: www.bfacademy.org
Who are the executives of Ben Franklin Academy Foundation and what are their salaries?
There 7 volunteers at Ben Franklin Academy Foundation.
Here are 7 key members and their salaries:
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Official website here: www.bfacademy.org
Where can I find the form 990 for Ben Franklin Academy Foundation?
Ben Franklin Academy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bfacademy.org
Learn more at the official website: www.bfacademy.org
Mission Statement of Ben Franklin Academy Foundation
The Ben Franklin Academy Foundation is dedicated to supporting Ben Franklin Academy, a learning institution that currently hosts around 965 students. Their mission is centered around reinforcing the educational journey of these students, providing them with the necessary resources and aid to thrive academically. In the previous fiscal year, 2019-2020, the foundation's support was instrumental in enabling the academy to educate approximately 930 students. The Ben Franklin Academy Foundation's role is pivotal in upholding the academy's educational standards and ensuring the continued success of its students.
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Impact
October, 2024
Ben Franklin Academy Foundation plays a significant role in enhancing educational opportunities at Ben Franklin Academy, which currently serves around 965 students. By providing support for various programs and initiatives, the foundation contributes to the development of a thriving academic environment. During the fiscal year 2019-2020, the academy enrolled approximately 930 students, showcasing its steady growth and commitment to education. The foundation's efforts help ensure that students receive a quality education, fostering their academic and personal development within the Highlands Ranch community.
This information is meant to be a general summary of Ben Franklin 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.
- Gross Receipts: $3,050
Assets and Liabilities:
- Total Assets: $34,958
- Total Liabilities: $0
- Net Assets: $34,958
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Organization Details
Founding Year
2012
Phone
(720) 383-4519Principal Officer
Matt Keillor
Main Address
2270 Plaza Dr, Highlands Ranch, CO, 80129
Website
www.bfacademy.orgNTEE Category
Code: B12 - Education
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