Overview
What is Walther School Foundation Inc?
Walther School Foundation Inc, located in West Hollywood, California, is a nonprofit organization with a focus on preschool education. They serve over 20 students, upholding an inclusive enrollment policy with a strong emphasis on intensive interaction and innovative teaching approaches. With a dedicated team of 11 individuals, the foundation strives to provide a nurturing learning environment that caters to the diverse needs of its students.
Official website here: www.waltherschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%)
The Walther School Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement. The charity has a relatively good program expense ratio of 90.24%, suggesting that a significant portion of its funds is directed towards its programs. However, the overall accountability and finance score stands at 62%, highlighting various areas requiring attention.
Despite having a majority of independent board members, the foundation's governance practices appear lacking in critical areas. The absence of essential policies, such as a conflict of interest and whistleblower policy, raises concerns about transparency and ethical governance. Furthermore, the organization has not provided financial statements, which significantly impacts its score.
In terms of liability management, the foundation exhibits a favorable liabilities to assets ratio of 44.13%. Nonetheless, the missing financial documentation and policies could hinder its credibility and operational effectiveness in the eyes of potential donors. There is room for improvement in governance, transparency, and accountability to enhance the foundation's standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Walther School Foundation Inc legitimate?
Walther School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walther School Foundation 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: $206,056
Professional Fundraising Fees: $0
Other Salaries and Wages: $233,157
For more financial information, click here
Official website here: www.waltherschool.org
What is the mission statement of Walther School Foundation Inc?
The Walther School Foundation Inc, as a preschool institution, is committed to providing education to a diverse student body. Their approach emphasizes intensive interaction and innovative teaching concepts, ensuring an engaging learning environment for over 20 students. The foundation's mission, as stated in their IRS filing, is to deliver quality preschool education that caters to this diverse enrollment.
Official website here: www.waltherschool.org
Who is the CEO of Walther School Foundation Inc?
Gloria Walther is the Director of Walther School Foundation Inc.
Official website here: www.waltherschool.org
What is the revenue of Walther School Foundation Inc?
Walther School Foundation Inc's revenue in 2022 was $602,223.
Official website here: www.waltherschool.org
Who are the executives of Walther School Foundation Inc and what are their salaries?
The average compensation at Walther School Foundation Inc during 2022 was $39,928. There are 11 employees at Walther School Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $206,055
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.waltherschool.org
Where can I find the form 990 for Walther School Foundation Inc?
Walther School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waltherschool.org
Learn more at the official website: www.waltherschool.org
Mission Statement of Walther School Foundation Inc
Walther School Foundation, Inc. is a preschool institution that serves a diverse student body. The school's mission is centered around intensive interaction and innovative teaching concepts. It prioritizes providing early education to its students, adhering to the mission statement filed with the Internal Revenue Service (IRS) Form 1023. The school caters to over 20 students, ensuring that each one benefits from its unique educational approach.
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Impact
July, 2024
Walther School Foundation Inc has a significant impact on the community by providing preschool education to a diverse enrollment of over 20 students in West Hollywood, California. The school emphasizes intensive interaction and innovative teaching concepts, helping to shape the young minds of the future generation. Through its mission to provide quality early education, Walther School Foundation Inc is contributing to the intellectual and social development of children, laying a strong foundation for their future success.
This information is meant to be a general summary of Walther School Foundation 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 2022.
- Program Service Revenue: $586,525
- Gross Receipts: $602,223
Assets and Liabilities:
- Total Assets: $1,366,347
- Total Liabilities: $603,038
- Net Assets: $763,309
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL ADMISSIONS
Revenue
$586,525
Organization Details
Founding Year
2014
Phone
(323) 658-8500Principal Officer
Gloria Walther
Main Address
1246 N GARDNER ST, WEST HOLLYWOOD, CA, 90046
Website
www.waltherschool.orgNTEE Category
Code: B21 - Education
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