Overview
What is Aspen Public Education Fund?
Aspen Public Education Fund is a nonprofit organization situated in Aspen, Colorado. Established with the purpose of utilizing revenue from the City of Aspen's approved sales tax, the organization's primary mission is to support public K-12 education within the local district. To accomplish this, Aspen Public Education Fund accepts grants generated from these tax funds, aiming to improve educational opportunities for the community's youth. The organization operates within the specified limitations of the allocated resources, contributing to the betterment of the district's education system.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
The Aspen Public Education Fund has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and financial health. The organization scored 86% overall, with its score derived entirely from its accountability and finance metrics, which reflects a focus on transparency and responsible management of funds.
One of the notable strengths of the Aspen Public Education Fund is its governance, boasting a fully independent board, which enhances its credibility and decision-making integrity. The organization has also achieved top scores in areas like financial audits and asset management, demonstrating effective financial oversight and a commitment to maintaining a healthy balance sheet, with a 0.00% liabilities to assets ratio and a 100% program expense ratio.
Despite these strengths, the rating indicates that the overall assessment is limited to the accountability and finance beacon. Therefore, while the organization excels in these areas, potential supporters might want to look for more detailed evaluations of its programmatic impact and overall effectiveness in achieving its educational goals.
This AI summary has been generated from information found on Charity Navigator.
Is Aspen Public Education Fund legitimate?
Aspen Public Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspen Public Education Fund 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:
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What is the mission statement of Aspen Public Education Fund?
The Aspen Public Education Fund was established with the purpose of receiving grants derived from sales tax, which was approved by local voters, to bolster the financial resources of the local school district for the provision of quality public K-12 education. The organization serves as a conduit for these funds, channeling them towards educational initiatives within the district. Its primary mission is to support and enhance the educational opportunities for the community's youth. The Aspen Public Education Fund doesn't conduct its own research or provide direct services, but instead, it focuses on distributing funds to ensure adequate educational resources in the district.
Who is the CEO of Aspen Public Education Fund?
Elizabeth Parker is the President of Aspen Public Education Fund.
What is the revenue of Aspen Public Education Fund?
Aspen Public Education Fund's revenue in 2022 was $3,449,192.
Who are the executives of Aspen Public Education Fund and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Aspen Public Education Fund?
Aspen Public Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Aspen Public Education Fund
Aspen Public Education Fund, established through voter-approved sales tax grants from the City of Aspen, has a mission to support public education in the local K-12 school district. The organization serves as a conduit, collecting and then disbursing these funds to ensure the district can deliver quality education to its students. By accepting and managing these funds, Aspen Public Education Fund plays a crucial role in enhancing the educational opportunities for the community's youth.
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Impact
July, 2024
The Aspen Public Education Fund has a significant impact on supporting public education in the local school district of Aspen. Through the collection of revenues from the City of Aspen sales tax and the disbursement of these funds to the school district, the organization plays a crucial role in funding K-12 education. By accepting grants generated from sales tax, approved by voters specifically for the support of public education, the organization ensures that students in the Aspen area have access to resources and opportunities that enhance their learning experience. In this way, the Aspen Public Education Fund directly contributes to the quality of education provided in the community.
This information is meant to be a general summary of Aspen Public Education Fund. 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: $132
- Gross Receipts: $3,449,192
Assets and Liabilities:
- Total Assets: $1,701,726
- Total Liabilities: $0
- Net Assets: $1,701,726
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Organization Details
Founding Year
2012
Phone
(970) 925-4872Principal Officer
Elizabeth Parker
Main Address
PO Box 9452, Aspen, CO, 81611
NTEE Category
Code: B111 - Education
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