Overview
What is Freeport Area School District Foundation?
The Freeport Area School District Foundation is a nonprofit organization primarily focused on providing financial assistance to graduates of Freeport Area High School through scholarships. Located in Freeport, Pennsylvania, the foundation's mission is to support enhanced education by funding innovative programs, broadening teaching and learning opportunities, and encouraging community involvement. By managing scholarship funds, the Freeport Area School District Foundation plays a crucial role in aiding deserving students in their post-secondary education.
Official website here: www.fasdf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Freeport Area School District Foundation has earned a solid Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial transparency, particularly in the area of program expenses, which are reported at 78.25%. This suggests that the majority of the foundation's resources are directed towards its programs, which is a positive sign for potential donors looking for effective allocation of funds.
Strengths of the organization include a fully independent board and no material diversion of assets, both of which contribute to its favorable accountability metrics. The foundation has demonstrated good practices by ensuring that its website is listed on its tax form and by maintaining accurate board meeting minutes. Additionally, the organization has a strong liabilities-to-assets ratio of 0.00%, indicating fiscal responsibility.
However, the foundation does have notable weaknesses in its governance policies, as it lacks essential documents such as a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. These omissions may raise concerns about the organization's internal controls and governance practices, which could be important for potential donors to consider.
This AI summary has been generated from information found on Charity Navigator.
Is Freeport Area School District Foundation legitimate?
Freeport Area School District Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freeport Area School District 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fasdf.org
What is the mission statement of Freeport Area School District Foundation?
The Freeport Area School District Foundation's mission is centered around fostering enhanced education by bringing innovative programs to life, expanding teaching and learning opportunities, and encouraging community involvement. Their primary objective is to put these educational ideas into action. The foundation also plays a role in managing scholarship funds, providing financial assistance for post-secondary education to graduates of Freeport Area High School.
Official website here: www.fasdf.org
What is the revenue of Freeport Area School District Foundation?
Freeport Area School District Foundation's revenue in 2024 was $114,100.
Official website here: www.fasdf.org
Who are the executives of Freeport Area School District Foundation and what are their salaries?
There 6 volunteers at Freeport Area School District Foundation.
Here are 6 key members and their salaries:
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Official website here: www.fasdf.org
Where can I find the form 990 for Freeport Area School District Foundation?
Freeport Area School District Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fasdf.org
Learn more at the official website: www.fasdf.org
Mission Statement of Freeport Area School District Foundation
The Freeport Area School District Foundation is committed to bringing innovative educational ideas to life. Their mission is twofold: firstly, they fund programs aimed at enhancing education and broadening teaching and learning opportunities. Secondly, they encourage community involvement in these educational initiatives. By putting these ideas into action, the foundation seeks to improve the educational experience for students.
In addition to funding innovative programs, the Freeport Area School District Foundation also offers post-secondary financial assistance through scholarships. They manage and solicit funds specifically for this purpose, providing financial aid for graduates of Freeport Area High School. This scholarship program serves as a vital resource for students who wish to further their education, enabling them to pursue their academic goals and expand their opportunities for the future.
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Impact
October, 2024
The Freeport Area School District Foundation significantly enhances the educational landscape by funding innovative programs that enrich teaching and learning opportunities. By actively soliciting and managing scholarship funds, the Foundation provides crucial post-secondary financial assistance to graduates of Freeport Area High School, enabling them to pursue higher education. Additionally, the Foundation promotes community involvement, fostering a collaborative spirit that benefits students and educators alike. Through its efforts, it not only supports academic achievement but also helps to cultivate a strong, engaged community dedicated to education.
This information is meant to be a general summary of Freeport Area School District 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: $25,265
- Gross Receipts: $122,739
Assets and Liabilities:
- Total Assets: $748,100
- Total Liabilities: $0
- Net Assets: $748,100
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Organization Details
Founding Year
2012
Principal Officer
Regan Cordier
Website
www.fasdf.orgNTEE Category
Code: B19 - Education
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