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Olympic High School Foundation

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

EIN: 462687879 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Olympic High School Foundation?

The Olympic High School Foundation is a nonprofit organization committed to bolstering the educational program at Olympic High School. By garnering public support, they fund various initiatives, reimburse teachers, and facilitate student participation. Their efforts have resulted in over $75,000 in donations, which they channel towards enriching educational programs. The foundation also actively cultivates a network of supporters to ensure the continuity of its mission. Their ultimate goal is to foster professional development, resource allocation, an improved educational environment, and teacher and student encouragement.


Official website here: www.olympichighschoolfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

The Olympic High School Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The score reflects the foundation's commitment to transparency, with 100% independent board members and no material diversion of assets reported. The organization effectively documents its board meeting minutes, ensuring accountability to its stakeholders.

The foundation's financial health is further evidenced by a liabilities to assets ratio of 0.00%, showcasing that it operates without debt. Additionally, it allocates a significant portion of its budget to program expenses, with a ratio of 77.79%, indicating a strong focus on fulfilling its mission and providing value to the community it serves.

While the overall rating is commendable, it is based solely on the accountability and finance beacon, with no additional scores related to impact or results. This suggests that while the foundation demonstrates sound financial practices, potential donors may want to inquire further about its effectiveness in achieving its programmatic goals.


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

Is Olympic High School Foundation legitimate?

Olympic High School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olympic High School Foundation 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.olympichighschoolfoundation.org

What is the mission statement of Olympic High School Foundation?

The Olympic High School Foundation's mission is centered around enhancing the educational program at the school. They aim to achieve this by developing and supporting various initiatives, projects, and programs. These efforts are designed to promote professional development, provide resources, and improve the learning environment for teachers, administrators, students, and parents. The foundation also reimburses teachers and funds student participation in educational activities, while continuously building a network of interested parties to secure continued funding to achieve its goals.


Official website here: www.olympichighschoolfoundation.org

Who is the CEO of Olympic High School Foundation?

Banks Wilson is the Executive Director of Olympic High School Foundation.


Official website here: www.olympichighschoolfoundation.org

What is the revenue of Olympic High School Foundation?

Olympic High School Foundation's revenue in 2022 was $75,968.


Official website here: www.olympichighschoolfoundation.org

Who are the executives of Olympic High School Foundation and what are their salaries?

There 15 volunteers at Olympic High School Foundation.


Here are 11 key members and their salaries:


Joan O'Brien (Executive Director)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Rob Capozziello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Allen Winget (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Doggett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Wallace (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carly Suddreth Morris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda O'Shea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Banks Wilson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Hammond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candy Bridges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.olympichighschoolfoundation.org

Where can I find the form 990 for Olympic High School Foundation?

Olympic High School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.olympichighschoolfoundation.org

Learn more at the official website: www.olympichighschoolfoundation.org

Mission Statement of Olympic High School Foundation

The Olympic High School Foundation's mission is centered around improving the educational experience at the school. This nonprofit organization strives to achieve this goal by developing and implementing initiatives, projects, and programs. These endeavors are aimed at promoting professional growth among teachers and administrators, providing necessary resources, and enhancing the overall educational environment. Furthermore, the foundation supports and encourages teachers, administrators, students, and parents, offering monetary assistance and opportunities to participate in various educational programs. The Olympic High School Foundation's ultimate objective is to foster an environment that nurtures learning and growth, thereby empowering its community members to succeed academically.

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Impact




August, 2024

The Olympic High School Foundation has made a significant impact by raising over $75,000 of public support to enhance the educational program at Olympic High School in Charlotte, NC. This monetary support has been used to fund educational initiatives, provide resources for teachers, and support student participation in various programs. Additionally, the foundation has worked to establish a network of interested parties to ensure continued funding for its goals. Overall, the foundation's efforts contribute to the professional development of teachers, improve the school environment, and support students, administrators, and parents in achieving educational success.




This information is meant to be a general summary of Olympic High School Foundation. 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
$75,968 (2022)
Expenses
$94,360 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $68
  • Gross Receipts: $75,968

Assets and Liabilities:

  • Total Assets: $235,145
  • Total Liabilities: $0
  • Net Assets: $235,145

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Organization Details

Founding Year

2013

Principal Officer

Banks Wilson

Main Address

13000 S Tryon St Suite F 260, Charlotte, NC, 28278

NTEE Category

Code: B99 - Education

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