Overview
What is Farnsworth School Organization Inc?
Farnsworth School Organization Inc, headquartered in Saint Paul, Minnesota, is a dedicated nonprofit organization that prioritizes enhancing the educational experiences of students at Farnsworth Aerospace PreK-8 Magnet School. Their mission involves fostering relationships within the school community, including parents, teachers, and supporters, to improve the educational environment. They accomplish this through financial and volunteer support, enabling academic and enrichment activities. The Farnsworth School Organization Inc's aerospace program, specifically, aims to promote Science, Technology, Engineering, Aerospace, and Math (STEM) education by offering extended day field observations, educational camps, aerospace family nights, and showcasing guest and professional expert speakers. These events serve as valuable learning opportunities for students, providing them with role models and mentors, and helping to strengthen community involvement. In the past year, the organization served approximately 2,900 individuals, with various events such as camps and family nights contributing to this number. Due to the COVID-19 pandemic, some events had to be cancelled, resulting in reduced expenses compared to previous years. Farnsworth School Organization Inc remains committed to supporting the education and well-being of the children at Farnsworth Aerospace Magnet School, ensuring a positive and enriching learning experience for all.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Farnsworth School Organization Inc has received a solid rating of 80%, demonstrating a commendable level of accountability and finance management. The overall score is derived entirely from a single beacon score, which emphasizes the organization's financial practices and transparency. Specifically, it achieved a perfect score in key areas such as independent board member representation and the absence of material diversion of assets.
The organization benefits from having a fully independent board, with all members contributing to its governance effectively. It also showcases strong financial health, with a liabilities to assets ratio of 0.00% and a high program expense ratio of 97.80%. This indicates a significant portion of its budget is allocated directly to its programs, reflecting a commitment to its mission.
Despite these strengths, the single beacon score means that there may be other aspects of effectiveness and impact not captured in this financial-focused review. However, the overall transparency and adherence to governance best practices position Farnsworth School Organization Inc as a trustworthy nonprofit in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Farnsworth School Organization Inc legitimate?
Farnsworth School Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farnsworth School Organization 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.
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
What is the mission statement of Farnsworth School Organization Inc?
The Farnsworth School Organization Inc is committed to enhancing the educational experiences of students at Farnsworth Aerospace PreK-8 Magnet School. They achieve this by providing both financial and volunteer support to facilitate academic and enrichment activities. The corporation's primary goal is to foster strong relationships among the school, parents, teachers, and other supporters of Farnsworth School. By doing so, they aim to improve the educational environment and enrich the learning experience for the children attending the school.
Who is the CEO of Farnsworth School Organization Inc?
Maria Barrett is the Chair (Beginning 6/6/22) of Farnsworth School Organization Inc.
What is the revenue of Farnsworth School Organization Inc?
Farnsworth School Organization Inc's revenue in 2022 was $19,943.
Who are the executives of Farnsworth School Organization Inc and what are their salaries?
There 5 volunteers at Farnsworth School Organization Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Farnsworth School Organization Inc?
Farnsworth School Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Farnsworth School Organization Inc
Farnsworth School Organization Inc, a dedicated nonprofit, is committed to enhancing the educational experiences of students at Farnsworth Aerospace PreK-8 Magnet School. To achieve this, the organization focuses on providing both financial and volunteer support for academic and enrichment activities. By fostering strong relationships among the school, parents, teachers, and other supporters, Farnsworth School Organization Inc aims to improve the educational environment and enrich the learning experiences of the students. Through their efforts, the organization works tirelessly to support the education and well-being of the children at Farnsworth Aerospace Magnet School, ensuring they have the best possible opportunities for growth and success.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Farnsworth School Organization Inc, also known as FSO, is dedicated to enhancing the educational experiences of the students at Farnsworth Aerospace PreK-8 Magnet School. Their impact can be seen through their support of academic and enrichment activities at the school, including extended day field observations, educational camps, aerospace family nights, and showcasing guest speakers. The Aerospace program specifically promotes science, technology, engineering, aerospace, and math for students, families, staff, and the school community. Moreover, guests and speakers serve as role models and mentors for students, strengthening community involvement and building relationships. Despite the challenges posed by COVID-19, the Aerospace program has continued to serve an estimated 2,900 people, highlighting the organization's commitment to supporting education and fostering a positive learning environment.
This information is meant to be a general summary of Farnsworth School Organization 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.
- Gross Receipts: $19,943
Assets and Liabilities:
- Total Assets: $460,518
- Total Liabilities: $0
- Net Assets: $460,518
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2011
Phone
(651) 293-8675Principal Officer
Maria Barrett
Main Address
1290 ARCADE STREET, SAINT PAUL, MN, 55106
NTEE Category
Code: B94 - Education
If you are a representative of Farnsworth School Organization Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.