Overview
What is Nrms Educational Foundation Inc?
Nrms Educational Foundation Inc is a charitable and educational nonprofit organization located in Orleans, Massachusetts. Their primary mission is to support the educational pursuits of students at Nauset Regional Middle School in the same town. To achieve this goal, they raise funds to enhance programs, facilities, and amenities within the school, aiming to improve the overall educational experience for its students. Based in 70 Route 28, Orleans, MA 02653, this foundation contributes to the academic growth and well-being of the local community's middle school students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Stars
The Nrms Educational Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of organizational effectiveness. The rating is based solely on accountability and finance metrics, reflecting a strong focus on financial health and transparency within the organization. Notably, the foundation boasts an independent board with a complete score for majority independent members and an excellent track record of asset management.
Strengths of the organization include a high program expense ratio of 86.98%, which suggests that a significant portion of its expenditures directly supports its educational initiatives. Additionally, the foundation has demonstrated effective governance practices, including maintaining board meeting minutes and ensuring no material diversion of assets. This commitment to accountability is further underscored by a favorable liabilities to assets ratio of 0.00%.
However, the overall score of 73% indicates that there may be areas for improvement in the organization's operational practices or fundraising effectiveness to enhance its overall star rating. While the financial management is commendable, the lack of a more comprehensive evaluation from multiple beacons may limit the understanding of its impact and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Nrms Educational Foundation Inc legitimate?
Nrms Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nrms Educational 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
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What is the mission statement of Nrms Educational Foundation Inc?
The mission of Nrms Educational Foundation Inc is centered around raising funds to enhance the educational programs, facilities, and amenities for the benefit of students in a specific middle school. This foundation aims to contribute to the educational pursuits of these students, aiming to improve their learning environment and experiences. The primary goal is to support the educational journey of the students, providing them with the necessary resources to thrive in their academic endeavors.
What is the revenue of Nrms Educational Foundation Inc?
Nrms Educational Foundation Inc's revenue in 2022 was $1.
Who are the executives of Nrms Educational Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Nrms Educational Foundation Inc?
Nrms Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nrms Educational Foundation Inc
Nrms Educational Foundation Inc, a charitable and educational organization, is dedicated to raising funds for enhancing programs, facilities, and amenities aimed at benefiting the educational pursuits of students at the Nauset Regional Middle School. The primary mission of this foundation is to contribute to the betterment of the educational experiences of the students in this school, thereby fostering their overall development. By providing necessary resources, the foundation aims to support the academic and extracurricular activities of the students, ultimately contributing to their overall success in their educational journey.
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Impact
October, 2024
Nrms Educational Foundation Inc significantly enhances the educational experiences of students at Nauset Regional Middle School in Orleans, Massachusetts. By raising funds, it supports the development and improvement of educational programs, facilities, and amenities, thereby fostering a conducive learning environment. The foundation's efforts directly impact students by providing resources that enrich their academic pursuits and promote a well-rounded educational experience. This commitment to supporting educational initiatives not only benefits the students but also strengthens the community by investing in its future leaders.
This information is meant to be a general summary of Nrms Educational 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.
- Investment Income: $1
- Gross Receipts: $1
Assets and Liabilities:
- Total Assets: $8,484
- Total Liabilities: $0
- Net Assets: $8,484
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Organization Details
Founding Year
2012
Principal Officer
Ann Mahoney
NTEE Category
Code: B90 - Education
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