Overview
What is The Frazee Center?
The Frazee Center, situated in Easley, South Carolina (SC 29642), is a nonprofit organization that offers significant support to the community. It provides free preschool education for children aged 3 to 4 years old, five days a week. Furthermore, the center offers complimentary after-school care for students in grades K5 through 8, also five days a week. The Frazee Center also assigns mentors or mentor families to its students, encouraging them to learn essential life skills. With a dedicated workforce of 9 individuals, this organization is committed to empowering young minds and preparing them for their future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Frazee Center has received a solid Three-Star rating, indicating a commendable level of accountability and financial health. The organization scored particularly high in several key areas, including having a fully independent board and no material diversion of assets, which showcases its commitment to ethical governance. With a program expense ratio of 72.61%, it demonstrates a strong focus on directing funds towards its mission-related activities.
The center's financial practices are highlighted by a low liabilities to assets ratio of just 0.32%, reinforcing its fiscal responsibility. Additionally, it effectively manages document retention and board meeting documentation, further reflecting its accountability standards. However, the overall score is derived solely from its accountability and finance metrics, which means additional insights into program impact and community engagement could enhance the understanding of its effectiveness.
While the organization exhibits strong financial oversight and governance, potential donors and supporters may benefit from seeking more qualitative information regarding its program outcomes and broader impact within the community it serves. Overall, The Frazee Center stands out for its transparent financial practices and responsible management.
This AI summary has been generated from information found on Charity Navigator.
Is The Frazee Center legitimate?
The Frazee Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Frazee Center 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,472
For more financial information, click here
What is the mission statement of The Frazee Center?
The Frazee Center offers a complimentary preschool program for three and four-year-olds, and provides free after-school activities for students from kindergarten to eighth grade. The center assigns mentors to its students, encouraging them to learn the importance of teamwork. Its primary objective is to provide a free preschool education five days a week, as well as offering free after-school care for elementary school students five days a week. The mentoring aspect of the center aims to foster a supportive environment for the students' growth and development.
Who is the CEO of The Frazee Center?
Jenny Reeves is the President of The Frazee Center.
What is the revenue of The Frazee Center?
The Frazee Center's revenue in 2021 was $527,030.
Who are the executives of The Frazee Center and what are their salaries?
The average compensation at The Frazee Center during 2021 was $12,497. There are 9 employees and 450 volunteers at The Frazee Center.
Here are 6 key members and their salaries:
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- Compensation: $30,000
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- Other: $0
Where can I find the form 990 for The Frazee Center?
The Frazee Center's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of The Frazee Center
The Frazee Center, a notable nonprofit organization, offers a unique service to the community. Its primary mission is to provide free educational opportunities for young children and school-aged students. Specifically, it operates a complimentary preschool program for three and four-year-olds, ensuring these young learners receive early education. Furthermore, The Frazee Center offers after-school activities for students in kindergarten through eighth grade.
In addition to the educational offerings, The Frazee Center assigns mentors to its students. These mentors can be individuals or families, providing a supportive environment for the children. The mentorship program encourages students to learn the importance of teamwork and collaboration, preparing them for future endeavors. By providing these services at no cost, The Frazee Center aims to contribute positively to the community, fostering growth and education for young children.
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Impact
July, 2024
The Frazee Center provides free preschool for 3 and 4-year-olds five days a week, as well as free afterschool care for K5 through 8th grade students five days a week. In addition to academic support, students are assigned mentors and/or mentor families to guide them in their personal and educational growth. This helps children in the community receive a strong educational foundation and necessary support to succeed in school and beyond.
This information is meant to be a general summary of The Frazee Center. 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 2021.
- Investment Income: $78
- Gross Receipts: $527,030
Assets and Liabilities:
- Total Assets: $1,055,338
- Total Liabilities: $6,006
- Net Assets: $1,049,332
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Organization Details
Founding Year
2013
Phone
(864) 616-6408Principal Officer
Jenny Reeves
Main Address
8110 HWY 81 N, EASLEY, SC, 29642
NTEE Category
Code: B21 - Education
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