Overview
What is Ottawa Hills Schools Foundation?
Ottawa Hills Schools Foundation is a nonprofit organization situated in Toledo, Ohio, specifically at 4035 W Central Avenue. Its primary mission is to support and enhance the exceptional educational experience offered by Ottawa Hills Local Schools, a district in Ohio. To achieve this, the foundation makes unrestricted distributions to benefit the school district, aiming to perpetuate its reputation for excellence. The organization operates exclusively for this purpose, contributing to the educational well-being of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating.
The Ottawa Hills Schools Foundation has received a two-star rating, indicating some areas of concern regarding its accountability and financial practices. While the organization boasts a fully independent board, which is a positive aspect, it lacks adequate financial transparency, as evidenced by missing financial statements and key policies such as conflict of interest and whistleblower protections.
On the positive side, the foundation demonstrates a robust program expense ratio of 98.05%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. However, the absence of important documentation on its website and missing policies could potentially undermine donor confidence and accountability. Hence, while the foundation is committed to its mission, its financial practices and transparency need improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Ottawa Hills Schools Foundation legitimate?
Ottawa Hills Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ottawa Hills Schools 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.
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Other Salaries and Wages: $0
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What is the mission statement of Ottawa Hills Schools Foundation?
The Ottawa Hills Schools Foundation's mission is to enhance and extend the exceptional educational experience that defines Ottawa Hills Schools permanently. They achieve this by making unspecified contributions to benefit the local Ottawa Hills schools, a district in Ohio. The organization's primary goal is to uphold and elevate the distinctive quality of education in Ottawa Hills Schools.
Who is the CEO of Ottawa Hills Schools Foundation?
Erica Silk is the Chair of Ottawa Hills Schools Foundation.
What is the revenue of Ottawa Hills Schools Foundation?
Ottawa Hills Schools Foundation's revenue in 2022 was $748,332.
Who are the executives of Ottawa Hills Schools Foundation and what are their salaries?
There 17 volunteers at Ottawa Hills Schools Foundation.
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- Compensation: $49,389
- Related: $49,389
- Other: $24,936
Where can I find the form 990 for Ottawa Hills Schools Foundation?
Ottawa Hills Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ottawa Hills Schools Foundation
The Ottawa Hills Schools Foundation, an organization dedicated to benefiting the Ottawa Hills Local Schools in Ohio, aims to perpetuate and amplify the exceptional educational experience that characterizes this district. Its mission is to enhance and extend the unique essence of excellence that Ottawa Hills Schools is renowned for, thereby contributing to its ongoing success. The foundation achieves this by making unrestricted distributions to the school district, thereby supporting its initiatives and enriching the educational journey of its students.
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Impact
July, 2024
The Ottawa Hills Schools Foundation has a significant impact on enhancing and extending the unique experience of excellence at Ottawa Hills Local Schools in Ohio. By providing unrestricted distributions for the benefit of the school district, the foundation plays a vital role in supporting educational programs, resources, and opportunities that help students thrive and succeed. Through its mission, the foundation contributes to the long-term success and growth of Ottawa Hills Schools, ensuring a high standard of education and enriching experiences for students.
This information is meant to be a general summary of Ottawa Hills Schools 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $21,203
- Gross Receipts: $955,794
Assets and Liabilities:
- Total Assets: $1,755,120
- Total Liabilities: $0
- Net Assets: $1,755,120
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Organization Details
Founding Year
2013
Phone
(419) 536-6371Principal Officer
Erica Silk
Main Address
4035 W CENTRAL AVENUE, TOLEDO, OH, 43606
NTEE Category
Code: B90 - Education
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