Overview
What is Children's Charter School Foundation Inc?
Children's Charter School Foundation Inc, based in Baton Rouge, Louisiana, was established to support an elementary public charter school named Children's Charter School. Serving around 250 children, the foundation played a crucial role in the school's educational programs and activities. Despite the school's closure, the foundation has been meticulously winding up its affairs and is soon to distribute its remaining assets. The exact date for its dissolution is yet to be set. Despite being in the process of winding up, the foundation's primary purpose was to contribute to the betterment of education for children in the Baton Rouge area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 27%
Children's Charter School Foundation Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. The organization scored 27%, which reflects major deficiencies in key areas such as financial statements, website presence, and crucial governance policies. Although the foundation has a completely independent board, the lack of critical documentation raises serious questions about its operational integrity.
The organization's strengths lie in its governance structure, as it boasts a fully independent board, which is a positive aspect in terms of oversight. However, this strength is overshadowed by the absence of financial statements and various organizational policies that are essential for maintaining trust and accountability. Such omissions contribute to a poor overall financial health rating, suggesting that potential donors should exercise caution.
Moreover, the lack of program expense ratio reporting indicates that the foundation may not be effectively utilizing its resources for its intended charitable purposes. Overall, while the presence of independent board members is a positive sign, the significant gaps in financial reporting and governance policies highlight a need for improvement in transparency and accountability in order to foster donor trust and support.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Charter School Foundation Inc legitimate?
Children's Charter School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Charter 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Children's Charter School Foundation Inc?
The Children's Charter School Foundation Inc., originally established to support an elementary public charter school serving around 250 children in Baton Rouge, Louisiana, has transitioned into winding up its affairs following the school's closure. Their initial mission involved assisting in the educational programs and activities of the school, known as Children's Charter School. However, as the school is no longer in operation, the foundation is currently in the process of distributing its remaining assets and will become dormant until a final dissolution date is set.
Who is the CEO of Children's Charter School Foundation Inc?
Daniel J Bevan is the President of Children's Charter School Foundation Inc.
What is the revenue of Children's Charter School Foundation Inc?
Children's Charter School Foundation Inc's revenue in 2022 was $769,911.
Who are the executives of Children's Charter School Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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Where can I find the form 990 for Children's Charter School Foundation Inc?
Children's Charter School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Children's Charter School Foundation Inc
Children's Charter School Foundation, Inc. was established with a mission to support the School for a New Millennium, Inc., a public charter school serving approximately 250 children in Baton Rouge, Louisiana. Initially, the foundation's role was to aid in the educational programs and activities of this school, known as Children's Charter School. However, following the school's closure, the foundation has been in the process of winding up its affairs and is soon expected to distribute its remaining funds before becoming dormant until a final dissolution date is set. In essence, Children's Charter School Foundation, Inc. was established to contribute to the success and growth of Children's Charter School, with a focus on educational programs and activities, before transitioning into a dormant state upon the school's closure.
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Impact
July, 2024
The impact of Children's Charter School Foundation Inc can be seen in its support of the School for a New Millennium in providing educational programs and activities for approximately 250 children in Baton Rouge, Louisiana. Although the school has closed, the foundation is in the process of winding up its affairs and will soon distribute its remaining assets as part of its mission to support student learning and development. This demonstrates the foundation's commitment to promoting education and serving the community in Baton Rouge.
This information is meant to be a general summary of Children's Charter 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 2022.
- Gross Receipts: $769,911
Assets and Liabilities:
- Total Assets: $37,667
- Total Liabilities: $0
- Net Assets: $37,667
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Organization Details
Founding Year
2012
Phone
(225) 292-1344Principal Officer
Daniel J Bevan
Main Address
4463 BLUEBONNET BOULEVARD SUITE A, BATON ROUGE, LA, 70809
NTEE Category
Code: B19 - Education
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