Overview
What is Siloam Springs Public School Foundation Inc?
The Siloam Springs Public School Foundation Inc is a nonprofit, volunteer-driven organization situated in Siloam Springs, Arkansas. Their primary mission is to generate both current and endowed financial support, aiming to develop and maintain community-wide opportunities that promote health, wellness, and academic success for all students within the Siloam Springs Public Schools. Notably, they have been instrumental in fundraising for the construction of the high school football stadium and the Career Academy of Siloam Springs. Their efforts continue to enhance the educational and extracurricular experiences for the local student community.
Official website here: www.sspsf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Siloam Springs Public School Foundation Inc has received an 83% score, demonstrating a strong emphasis on accountability and finance. The evaluation reveals that the organization boasts a fully independent board, which is crucial for governance, with all members being independent. The foundation has a remarkable program expense ratio, indicating that nearly all of its expenses are dedicated to its programs rather than overhead.
Strengths include the absence of any material diversion of assets and a solid liability-to-assets ratio of 0.00%, highlighting financial stability. Additionally, the foundation has successfully implemented a conflict of interest policy and maintains transparency by posting board meeting minutes and tax forms on its website. However, there are some areas for improvement, notably the absence of a whistleblower policy and a document retention and destruction policy, which may affect overall governance practices.
Overall, while the foundation scores well in key areas of accountability and financial management, addressing the noted policy gaps could enhance its governance framework. The strong commitment to program spending reflects positively on its mission to support local education initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Siloam Springs Public School Foundation Inc legitimate?
Siloam Springs Public School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Siloam Springs Public 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
For more financial information, click here
Official website here: www.sspsf.org
What is the mission statement of Siloam Springs Public School Foundation Inc?
The Siloam Springs Public School Foundation Inc. is a volunteer-led, non-profit organization with a mission to generate both current and endowed financial support. This support aims to provide and sustain community-wide opportunities that promote health, wellness, and academic success for all students in Siloam Springs Public Schools. To date, the foundation has funded the construction of the football stadium at Siloam Springs High School and is currently raising funds for the Career Academy of Siloam Springs. The organization's primary goal is to enhance the educational experience of students by providing necessary resources.
Official website here: www.sspsf.org
Who is the CEO of Siloam Springs Public School Foundation Inc?
Tim Mccord is the Director of Siloam Springs Public School Foundation Inc.
Official website here: www.sspsf.org
What is the revenue of Siloam Springs Public School Foundation Inc?
Siloam Springs Public School Foundation Inc's revenue in 2022 was $50,150.
Official website here: www.sspsf.org
Who are the executives of Siloam Springs Public School Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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Official website here: www.sspsf.org
Where can I find the form 990 for Siloam Springs Public School Foundation Inc?
Siloam Springs Public School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sspsf.org
Learn more at the official website: www.sspsf.org
Mission Statement of Siloam Springs Public School Foundation Inc
The Siloam Springs Public School Foundation is a volunteer-led, non-profit organization dedicated to raising funds and providing financial support to promote health, wellness, and academic success for all students within the Siloam Springs Public Schools. Their mission includes generating both current and endowed funds to sustain community-wide opportunities, ensuring that every student in the district benefits from these initiatives.
To date, the foundation has successfully funded two significant projects. Firstly, they have contributed towards the construction of a football stadium at the Siloam Springs High School. Secondly, they have been actively raising funds for the construction of the Career Academy of Siloam Springs. By investing in these projects, the Siloam Springs Public School Foundation aims to enhance the educational experiences and prospects for the students in the district. The organization's efforts are geared towards creating a supportive environment that encourages academic growth and personal development for all students.
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Impact
August, 2024
Siloam Springs Public School Foundation Inc's impact can be seen in the construction of the football stadium at Siloam Springs High School, which was made possible through their fundraising efforts. Additionally, their ongoing project to raise funds for the construction of the Career Academy of Siloam Springs demonstrates their commitment to providing and sustaining community-wide opportunities for promoting health, wellness, and academic success for all students in Siloam Springs public schools. Through their work, they are helping to enhance the educational experience and opportunities available to students in the community.
This information is meant to be a general summary of Siloam Springs Public 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: $50,150
Assets and Liabilities:
- Total Assets: $6,338
- Total Liabilities: $0
- Net Assets: $6,338
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Organization Details
Founding Year
2012
Phone
(479) 238-9801Principal Officer
Tim Mccord
Main Address
PO BOX 130, SILOAM SPRINGS, AR, 72761
Website
www.sspsf.orgNTEE Category
Code: B11 - Education
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