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Elkin Academic Enrichment Foundatio

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

EIN: 463606496 ✦ Elkin, NC ✦ Designated as a 501(c)(3)

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Overview

What is Elkin Academic Enrichment Foundatio?

The Elkin Academic Enrichment Foundation is a nonprofit organization situated in Elkin, North Carolina. Its primary mission is to bolster academic enrichment programs within Elkin City Schools, addressing unmet needs that are not covered by state funding. By securing funding, the foundation has provided advanced teaching aids and facilities for approximately 1200 students and 100 educators, enhancing their learning experiences. The foundation's activities are centered around supporting the educational growth of local students, contributing to their overall development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Stars

Elkin Academic Enrichment Foundation has received a 76% rating on Charity Navigator, which reflects a strong performance in accountability and finance. The organization has achieved a notable score across various metrics, indicating it has a solid financial foundation and responsible governance. The absence of any material diversion of assets and a perfect score for independent board members highlight its commitment to transparency and ethical practices.

Despite its strengths, the foundation has some areas for improvement, particularly concerning governance policies. Notably, there are missing conflict of interest and whistleblower policies, which could be essential for ensuring robust organizational integrity. Additionally, the lack of a document retention policy may raise concerns about the long-term management of important records.

Overall, the Elkin Academic Enrichment Foundation demonstrates effective financial management and accountability, with areas to enhance its governance framework. Continued focus on establishing comprehensive policies could further strengthen its reputation within the nonprofit sector.


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

Is Elkin Academic Enrichment Foundatio legitimate?

Elkin Academic Enrichment Foundatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elkin Academic Enrichment Foundatio 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 Elkin Academic Enrichment Foundatio?

The Elkin Academic Enrichment Foundation's mission is centered around supporting academic enrichment programs for all students within a specific educational system. By providing necessary funds that exceed what is offered by state funding, the foundation aims to enhance educational experiences for both students and teachers. This financial support has resulted in the acquisition of advanced teaching aids and facilities, benefitting approximately 1200 students and 100 educators. The foundation's primary goal is to bridge gaps in educational resources, ultimately enriching the learning environment for students.

Who is the CEO of Elkin Academic Enrichment Foundatio?

Beth Shaw is the Treasurer of Elkin Academic Enrichment Foundatio.

What is the revenue of Elkin Academic Enrichment Foundatio?

Elkin Academic Enrichment Foundatio's revenue in 2022 was $111,598.

Who are the executives of Elkin Academic Enrichment Foundatio and what are their salaries?


Here are 9 key members and their salaries:


Frank Beals (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Burton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Schrum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Ange (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyndsey Ballard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Shaw (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wiles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Flippin (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Gambill (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elkin Academic Enrichment Foundatio?

Elkin Academic Enrichment Foundatio's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Elkin Academic Enrichment Foundatio

The Elkin Academic Enrichment Foundation is committed to enhancing the educational experiences of students within Elkin City Schools. Recognizing the limitations of state funding, this nonprofit organization endeavors to provide essential funds for academic enrichment programs that may otherwise go unsupported. Through its efforts, approximately 1200 students and 100 educators have benefited from advanced teaching aids and facilities, thereby enriching their learning experiences.

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Impact




October, 2024

The Elkin Academic Enrichment Foundation significantly enhances educational opportunities for students at Elkin City Schools, impacting approximately 1,200 learners and 100 educators. By providing funding for advanced teaching aids and facilities, the foundation addresses gaps left by state funding, ensuring that students have access to the resources necessary for a rich academic experience. This support fosters an environment where innovative teaching practices can flourish, ultimately contributing to student success and community development in Elkin, NC.




This information is meant to be a general summary of Elkin Academic Enrichment Foundatio. 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
$111,598 (2022)
Expenses
$71,133 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $110,391
  • Gross Receipts: $170,251

Assets and Liabilities:

  • Total Assets: $1,457,145
  • Total Liabilities: $0
  • Net Assets: $1,457,145

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Organization Details

Founding Year

2013

Principal Officer

Beth Shaw

Main Address

202 W Spring Street, Elkin, NC, 28621

NTEE Category

Code: T31 - Philanthropy

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