Overview
What is The Pencil Box Inc?
The Pencil Box Inc is a nonprofit organization situated in Tulsa, Oklahoma, specifically at 2435 Southwest Blvd, 74107. Its primary focus is to aid disadvantaged students in public schools within Tulsa County, catering to grades from pre-K to 12. The organization operates as a retail setting, enabling teachers to pick out supplies tailored to their students' requirements and classroom activities. Eligible schools are public institutions in Tulsa County where at least 70% of the students reside below the Federal Poverty Level. The Pencil Box Inc relies entirely on financial and in-kind donations from various sources, such as businesses, foundations, organizations, and individuals, to stock its shelves. Remaining supplies are procured at discounted prices from local and national retailers and manufacturers. The nonprofit's mission is to empower students and create an equitable learning environment by ensuring all students have the necessary learning tools to optimize their educational opportunities.
Official website here: www.pencilboxtulsa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating). This rating reflects The Pencil Box Inc's commitment to accountability and finance, achieving a score of 81 in these areas. The overall score is derived entirely from the Accountability & Finance beacon, indicating a strong emphasis on financial health and governance practices.
The organization showcases several strengths, including a fully independent board of directors with 12 members and no material diversion of assets. The charity has implemented all necessary policies, including conflict of interest, whistleblower, and document retention policies, which contribute to its transparency and ethical governance. Additionally, a high program expense ratio of 95.88% indicates that a significant portion of its funds is directed towards its mission-driven activities.
While the 81% rating reflects solid performance, there are no noted limitations or weaknesses in the financial practices based on the available data. Overall, The Pencil Box Inc demonstrates a responsible approach to its operations, prioritizing both accountability and effective use of resources in serving its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Pencil Box Inc?
100% of 23 reviewers on Facebook recommend The Pencil Box Inc. Here is a summary of their reviews:
The Pencil Box has made a positive impact by providing essential supplies for teachers, which has been greatly appreciated by those who utilize its services. Many users expressed gratitude for the opportunity to obtain much-needed materials that enhance their classrooms and benefit their students. Volunteers also conveyed enjoyment in participating, noting the uplifting atmosphere created by the grateful educators.
Overall, it’s clear that The Pencil Box is highly regarded within the teaching community for its mission and effectiveness in supporting educators. The seamless experience and the appreciation shown by both users and volunteers highlight the nonprofit's dedication to making a difference in education.
This AI summary has been generated from reviews found on Facebook.
Is The Pencil Box Inc legitimate?
The Pencil Box Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pencil Box 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: $44,381
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,160
For more financial information, click here
Official website here: www.pencilboxtulsa.org
What is the mission statement of The Pencil Box Inc?
The Pencil Box Inc's mission is centered around empowering students and striving for educational equity. By supplying school necessities, the organization aims to equip disadvantaged students with the learning tools required to fully utilize their educational chances. The organization operates as a retail space where teachers can select supplies tailored to their students' specific needs and classroom activities. Eligible schools are public institutions with a high percentage of students living below the Federal Poverty Level, primarily located in Tulsa County. The organization relies solely on financial and in-kind donations from various sources to stock its shelves. Unused supplies are acquired at reduced prices from local and national retailers and manufacturers.
Official website here: www.pencilboxtulsa.org
What is the revenue of The Pencil Box Inc?
The Pencil Box Inc's revenue in 2023 was $993,821.
Official website here: www.pencilboxtulsa.org
Who are the executives of The Pencil Box Inc and what are their salaries?
The average compensation at The Pencil Box Inc during 2023 was $35,885. There are 4 employees and 185 volunteers at The Pencil Box Inc.
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Official website here: www.pencilboxtulsa.org
Where can I find the form 990 for The Pencil Box Inc?
The Pencil Box Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pencilboxtulsa.org
Learn more at the official website: www.pencilboxtulsa.org
Mission Statement of The Pencil Box Inc
The Pencil Box Inc, a nonprofit organization, is dedicated to empowering students and fostering educational equality. Their mission is to achieve this by supplying essential learning tools to disadvantaged students in public schools. By providing these school supplies, The Pencil Box Inc ensures that all students, from pre-K to 12th grade, have the necessary resources to optimize their learning opportunities. The organization operates as a retail setting, allowing teachers to select supplies tailored to their students' needs and classroom activities. To stock its shelves, The Pencil Box Inc relies on financial and in-kind donations from various sources, including businesses, foundations, organizations, and individuals. If necessary, the organization purchases additional supplies at discounted prices from local and national retailers and manufacturers. This approach allows The Pencil Box Inc to equip students with the necessary tools for academic success, fostering a hopeful future for all learners.
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Impact
July, 2024
The Pencil Box Inc's impact lies in its mission to empower students and equalize the classroom by providing school supplies that ensure all students have the learning tools they need to maximize their educational opportunities. By providing school supplies throughout the year to disadvantaged students attending public schools in Tulsa County, grades pre-K through 12, The Pencil Box Inc is making a direct and tangible difference in the lives of these students. Through their unique retail setting where teachers can select supplies tailored to the needs of individual students and classroom activities, the organization is facilitating a supportive learning environment for those who may not have access to necessary supplies otherwise. The fact that The Pencil Box Inc relies solely on donations to stock its shelves underscores the crucial role it plays in the community, bridging the gap for students in need. Overall, The Pencil Box Inc's impact can be seen in the increased educational opportunities and empowerment it brings to students facing economic challenges in their pursuit of academic success.
This information is meant to be a general summary of The Pencil Box 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 2023.
- Investment Income: $243
- Gross Receipts: $1,088,442
Assets and Liabilities:
- Total Assets: $5,442,121
- Total Liabilities: $177,606
- Net Assets: $5,264,515
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Organization Details
Founding Year
2012
Principal Officer
Nancy Bolzle
Website
www.pencilboxtulsa.orgNTEE Category
Code: B192 - Education
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