Overview
What is Foliocollaborative Inc?
Foliocollaborative Inc, based in Baltimore, Maryland, is a nonprofit organization with a focus on improving the quality of professional development and performance evaluation in educational institutions. They specialize in developing and implementing software for evaluating teachers and administrators in independent schools. Their mission is driven by the belief in fostering informed conversations for growth, aiming to enhance the overall performance of educational institutions. With a team of seven dedicated individuals, Foliocollaborative Inc offers technical support and training services to ensure the effective use of their software.
Official website here: www.foliocollaborative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Foliocollaborative Inc has received a 75% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization's score is based entirely on the accountability & finance beacon, demonstrating a strong emphasis on financial responsibility and governance. The charity benefits from 100% independent board members and has maintained no material diversion of assets.
While Foliocollaborative excels in several areas, including a high program expense ratio of 68.59%, it does have some limitations. Notably, the organization lacks a whistleblower policy, which is an important aspect of financial accountability and transparency. Nonetheless, it has established several positive practices such as documenting board meeting minutes and having a conflict of interest policy in place.
This AI summary has been generated from information found on Charity Navigator.
Is Foliocollaborative Inc legitimate?
Foliocollaborative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foliocollaborative 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: $193,861
Professional Fundraising Fees: $0
Other Salaries and Wages: $572,344
For more financial information, click here
Official website here: www.foliocollaborative.org
What is the mission statement of Foliocollaborative Inc?
Foliocollaborative Inc's mission is centered around inspiring informed conversations for growth, with the aim of enhancing the quality of professional development and performance evaluation within educational institutions. The organization believes in utilizing software development and implementation to evaluate teachers and administrators in independent schools, providing necessary training and technical support along the way. Their goal is to contribute to the improvement of the educational sector by fostering growth-oriented conversations and promoting effective evaluation processes.
Official website here: www.foliocollaborative.org
What is the revenue of Foliocollaborative Inc?
Foliocollaborative Inc's revenue in 2024 was $1,474,544.
Official website here: www.foliocollaborative.org
Who are the executives of Foliocollaborative Inc and what are their salaries?
The average compensation at Foliocollaborative Inc during 2024 was $95,776. There are 8 employees at Foliocollaborative Inc.
Here are 10 key members and their salaries:
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- Compensation: $184,756
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- Other: $9,105
- Compensation: $113,846
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- Other: $6,778
- Compensation: $115,883
- Related: $0
- Other: $1,776
Official website here: www.foliocollaborative.org
Where can I find the form 990 for Foliocollaborative Inc?
Foliocollaborative Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.foliocollaborative.org
Learn more at the official website: www.foliocollaborative.org
Mission Statement of Foliocollaborative Inc
Foliocollaborative Inc is committed to fostering informed discussions that drive growth, with a particular focus on enhancing the quality of professional development and performance evaluation in educational institutions. Their mission is to inspire these conversations, aiming to improve the overall effectiveness of these institutions. They achieve this by developing and implementing software tools designed for evaluating teachers and administrators in independent schools. Additionally, Foliocollaborative Inc provides technical support and training, ensuring that their software is used efficiently and effectively.
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Impact
July, 2024
Foliocollaborative Inc's impact lies in revolutionizing the professional development and performance evaluation process in educational institutions. By developing and implementing software tailored for assessing teachers and administrators in independent schools, they enable informed conversations that drive growth and enhance the quality of education. Their work not only enhances the skills and effectiveness of educators but also ultimately benefits students by ensuring a high standard of teaching and leadership within educational institutions.
This information is meant to be a general summary of Foliocollaborative 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 2024.
- Investment Income: $303
- Program Service Revenue: $1,474,031
- Gross Receipts: $1,474,544
Assets and Liabilities:
- Total Assets: $206,249
- Total Liabilities: $16,096
- Net Assets: $190,153
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,396,888
SETUP FEES
Revenue
$45,000
TRAINING WORKSHOPS
Revenue
$32,143
Organization Details
Founding Year
2012
Principal Officer
Meredith Monk
Website
www.foliocollaborative.orgNTEE Category
Code: B19 - Education
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