Overview
What is Institute For Girls Education Inc?
Institute for Girls Education Inc., also known as Magnolia School, is a nonprofit organization located in Houston, Texas. Situated at 9902 Long Point Rd, this institution is dedicated to the education of young girls in elementary and middle school. With a mission to foster excellence, goodness, and joy in their students' lives, the organization provides a comprehensive educational program for girls in grades 2 through 8. The Institute for Girls Education Inc. aims to equip its students with the necessary skills and values to lead fulfilling lives. The institution currently employs 34 individuals, demonstrating its commitment to the well-being and development of its students.
Official website here: www.magnoliaschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Institute For Girls Education Inc has received a two-star rating from Charity Navigator, indicating a need for improvement despite a respectable overall score of 71%. The organization demonstrates strong accountability and finance practices, scoring 100% in this area, which reflects a robust governance structure with an entirely independent board. However, its financial statement transparency significantly detracts from its rating, as it received a low score of 0 out of 20 points in this category.
While the organization has established effective policies related to conflict of interest and whistleblower protections, the absence of a documented retention and destruction policy is a noted limitation. Furthermore, the organization displays a concerning liabilities to assets ratio, which scored only 3 out of 25 points, suggesting potential financial instability.
On a positive note, the Institute For Girls Education Inc excels in program expense and fundraising efficiency ratios, both of which scored full marks. This suggests that the organization effectively allocates resources towards its programs and fundraising efforts, aligning with its mission to support girls' education. However, addressing the identified financial and governance shortcomings will be crucial for future improvement and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Girls Education Inc legitimate?
Institute For Girls Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Girls Education 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: $169,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,458,450
For more financial information, click here
Official website here: www.magnoliaschool.org
What is the mission statement of Institute For Girls Education Inc?
The Institute for Girls Education Inc. is dedicated to educating young women in elementary and middle school, aiming to foster lives marked by excellence, goodness, and joy. Through its educational programs, the institution provides an educational environment for girls in grades 2-8, striving to shape their lives positively.
Official website here: www.magnoliaschool.org
Who is the CEO of Institute For Girls Education Inc?
Martha Martinez is the Head Of School of Institute For Girls Education Inc.
Official website here: www.magnoliaschool.org
What is the revenue of Institute For Girls Education Inc?
Institute For Girls Education Inc's revenue in 2023 was $4,080,711.
Official website here: www.magnoliaschool.org
Who are the executives of Institute For Girls Education Inc and what are their salaries?
The average compensation at Institute For Girls Education Inc during 2023 was $47,866. There are 34 employees and 5 volunteers at Institute For Girls Education Inc.
Here are 9 key members and their salaries:
- Compensation: $169,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.magnoliaschool.org
Where can I find the form 990 for Institute For Girls Education Inc?
Institute For Girls Education Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.magnoliaschool.org
Learn more at the official website: www.magnoliaschool.org
Mission Statement of Institute For Girls Education Inc
The Institute for Girls Education Inc is committed to educating young women in their elementary and middle school years, with the aim of fostering a life marked by excellence, goodness, and joy. This nonprofit organization focuses on providing an education that goes beyond academics, seeking to instill values and qualities that will set these young women apart. The Institute for Girls Education Inc serves girls in the grades between 2 and 8, offering them an enriching educational experience.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Institute For Girls Education Inc is making a significant impact by providing young women of elementary and middle school age with an education focused on excellence, goodness, and joy. Located in Houston, TX, this organization offers educational opportunities from grades 2 to 8, shaping the future of these young women and empowering them to lead fulfilling lives. Through its mission of educating young women for a life distinguished by excellence, goodness, and joy, Institute For Girls Education Inc is playing a crucial role in shaping the next generation of strong, empowered individuals.
This information is meant to be a general summary of Institute For Girls Education 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 2023.
- Investment Income: $11,692
- Program Service Revenue: $1,850,133
- Gross Receipts: $4,218,071
Assets and Liabilities:
- Total Assets: $12,050,367
- Total Liabilities: $7,839,340
- Net Assets: $4,211,027
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Elementary and Middle School
Revenue
$1,850,133
Organization Details
Founding Year
2013
Phone
(281) 796-4000Principal Officer
Martha Martinez
Main Address
9902 Long Point Rd, Houston, TX, 770554116
Website
www.magnoliaschool.orgNTEE Category
Code: B112 - Education
If you are a representative of Institute For Girls Education Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.