Overview
What is Rapid City Public School Foundation?
Rapid City Public School Foundation is a dedicated nonprofit organization based in Rapid City, South Dakota. Its primary mission is to foster engagement between the community and businesses in the education sector. They achieve this goal by establishing grants aimed at encouraging innovation and creativity among teachers and schools. This initiative stimulates fresh ideas and approaches in the classroom, ultimately enhancing the learning experience for students. The foundation operates with a small team of one dedicated individual.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)
The Rapid City Public School Foundation has received a low rating of 33% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization benefits from a fully independent board and has not reported any material diversion of assets, it fails to meet expectations in several critical areas, such as transparency and adherence to recommended governance policies.
The foundation's website is notably absent from its tax form, and it lacks essential policies, including those for conflict of interest and whistleblower protection. These deficiencies are detrimental to its overall score, reflecting a potential lack of operational rigor and transparency that may concern current and prospective donors.
Additionally, the foundation's program expense ratio is low at 44.95%, suggesting that a smaller portion of its budget is being directed towards its programs compared to administrative or fundraising costs. Overall, while the foundation has strong board independence, its shortcomings in financial management and transparency warrant caution for those considering support.
This AI summary has been generated from information found on Charity Navigator.
Is Rapid City Public School Foundation legitimate?
Rapid City Public School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rapid City Public School 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: $31,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Rapid City Public School Foundation?
The Rapid City Public School Foundation's mission is centered around encouraging community and business involvement in public education. The organization achieves this by establishing grants specifically designed to stimulate innovation and creativity within the classroom, encouraging teachers and schools to think outside the box and enhance the learning experience for students.
What is the revenue of Rapid City Public School Foundation?
Rapid City Public School Foundation's revenue in 2024 was $125,543.
Who are the executives of Rapid City Public School Foundation and what are their salaries?
The average compensation at Rapid City Public School Foundation during 2024 was $31,250. There is 1 employee at Rapid City Public School Foundation.
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Where can I find the form 990 for Rapid City Public School Foundation?
Rapid City Public School Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Rapid City Public School Foundation
Rapid City Public School Foundation, as a nonprofit organization, is committed to encouraging community and business involvement in public education. One of its primary objectives is to establish grants for teachers and schools to foster innovation and creativity in the classroom. By providing these financial resources, the foundation aims to stimulate innovative teaching methods and promote a more engaging learning environment for students. This mission aligns with the organization's exempt purpose, which is to support and enhance public education by engaging the local community and businesses in educational initiatives.
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Impact
August, 2024
The impact of Rapid City Public School Foundation is significant as it provides grants for innovation in the classroom, encouraging creativity and new approaches to education. By fostering community and business involvement in public education, the foundation plays a crucial role in enhancing the learning experience for students and supporting teachers in their efforts to enrich the classroom environment. This impact ultimately contributes to the overall improvement of education in Rapid City, SD, benefiting both the students and the community as a whole.
This information is meant to be a general summary of Rapid City Public School 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 2024.
- Investment Income: $363
- Gross Receipts: $125,543
Assets and Liabilities:
- Total Assets: $665,177
- Total Liabilities: $2,175
- Net Assets: $663,002
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Organization Details
Founding Year
1993
Principal Officer
Sara Hornick
NTEE Category
Code: B11 - Education
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