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Waverly-Shell Rock Educational Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462385902 ✦ Waverly, IA ✦ Designated as a 501(c)(3)

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Overview

What is Waverly-Shell Rock Educational Fund?

The Waverly-Shell Rock Educational Fund is a nonprofit organization situated in Waverly, Iowa. Their primary mission is to enhance and promote the standard of education within the Waverly-Shell Rock Community School District. They achieve this by obtaining additional resources through private contributions and grants. These resources are then allocated to worthwhile educational programs and facilities, including athletics, to improve the overall quality of education. The fund provides scholarships to distinguished students who have demonstrated good citizenship, community involvement, and academic achievement, encouraging them to pursue higher education.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

The Waverly-Shell Rock Educational Fund has received a Two-Star rating, indicating a moderate level of performance in accountability and finance. The overall score is primarily based on accountability metrics. The organization has excelled in areas such as having a fully independent board and no material diversion of assets, receiving full points in these categories.

However, there are significant limitations noted in the data. The charity's website is not listed on its tax forms, and it lacks key policies related to conflict of interest, whistleblowing, and document retention, which are essential for transparency and governance. While the program expense ratio is strong at 96.71%, the absence of proper policies may raise concerns about its operational practices.


This AI summary has been generated from information found on Charity Navigator.

Is Waverly-Shell Rock Educational Fund legitimate?

Waverly-Shell Rock Educational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waverly-Shell Rock Educational 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Waverly-Shell Rock Educational Fund?

The Waverly-Shell Rock Educational Fund's mission is to enhance the quality of education, including athletics, within the Waverly-Shell Rock Community School District. They achieve this by providing a platform for obtaining additional resources through private contributions and grants, which are then allocated to worthy educational programs and facilities, as appropriate for such an organization. In essence, their goal is to foster educational improvement by leveraging external funding sources.

Who is the CEO of Waverly-Shell Rock Educational Fund?

Amy Hunzelman is the Director of Waverly-Shell Rock Educational Fund.

What is the revenue of Waverly-Shell Rock Educational Fund?

Waverly-Shell Rock Educational Fund's revenue in 2022 was $120,654.

Who are the executives of Waverly-Shell Rock Educational Fund and what are their salaries?


Here are 14 key members and their salaries:


Jay Boeding (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Platte (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Foy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessi Fasse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Abben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Hunzelman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Nus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corrie Ramige (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Dewey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Solheim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Severson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Wilcox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Klamfoth (Ex Officio D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Waverly-Shell Rock Educational Fund?

Waverly-Shell Rock Educational Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Waverly-Shell Rock Educational Fund

The Waverly-Shell Rock Educational Fund is dedicated to fostering the enhancement of education across various domains, including athletics, within the Waverly-Shell Rock Community School District. Their mission lies in establishing a mechanism that enables the acquisition of additional resources through private contributions and grants, which are suitable for such an organization. These resources are then allocated to worthwhile educational programs and facilities, aiming to elevate the overall quality of education within the district. By providing this platform, the Waverly-Shell Rock Educational Fund contributes significantly to the improvement of educational opportunities for the students and community members within the district.

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Impact




October, 2024

Waverly-Shell Rock Educational Fund significantly enhances the quality of education within the Waverly-Shell Rock Community School District. By providing a structured mechanism for securing additional resources through private contributions and grants, the Fund enables a wider range of educational programs and facilities to thrive.

One of the key impacts of the Fund is its scholarship program, which recognizes and rewards students who have demonstrated exceptional citizenship, community involvement, and academic excellence. This support not only fosters individual student success but also strengthens the overall educational landscape by encouraging higher education pursuits.

Moreover, the Fund promotes improvements across various educational spheres, including athletics, ensuring that all facets of student development receive adequate attention and resources. Through its efforts, the Waverly-Shell Rock Educational Fund seeks to create a more dynamic and enriching educational environment for all students in the community.




This information is meant to be a general summary of Waverly-Shell Rock Educational 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.

Revenue
$120,654 (2022)
Expenses
$119,270 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,459
  • Gross Receipts: $218,297

Assets and Liabilities:

  • Total Assets: $495,436
  • Total Liabilities: $0
  • Net Assets: $495,436

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Organization Details

Founding Year

2009

Principal Officer

Amy Hunzelman

Main Address

1415 4TH AVENUE SW, WAVERLY, IA, 50677

NTEE Category

Code: B82 - Education

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