Overview
What is The Simple Foundation?
The Simple Foundation is a nonprofit organization situated in Omaha, Nebraska, with a mission to support the diverse needs of vulnerable children and families. Their primary operations include providing year-round tutoring services for economically disadvantaged and refugee/immigrant elementary and middle school students through the Academic Excellence program. This program focuses on one-to-one tutoring and high-quality academic support, benefiting participants academically while also fostering social and developmental growth. The foundation also offers a College for Success program, which works to provide a seamless transition from high school to post-secondary education for youth. By creating a nurturing environment, The Simple Foundation aims to improve students' educational achievements. In addition to these academic initiatives, the organization also provides scholarships, volunteer opportunities, and mentoring resources to support the overall well-being of children and families in need. With a workforce of 45 individuals, The Simple Foundation is dedicated to making a positive impact in its community.
Official website here: www.thesimplefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Simple Foundation has achieved a Four-Star rating from Charity Navigator, reflecting its overall strong performance in accountability and finance. It boasts a high score in accountability and finance at 83%, with notable metrics such as a 90% score in financial oversight and a perfect score in culture and community. These scores indicate solid financial health and a commitment to transparency and good governance.
The foundation shows exceptional performance in various key areas, including a 100% rating for feedback collection and usage, demonstrating its responsiveness to stakeholders. Its financial stability is further evidenced by an impressive working capital ratio of 6.04 years, and a low liabilities to assets ratio of just 1.44%, suggesting effective management of resources and obligations.
While the foundation's focus on accountability and culture is commendable, the overall score indicates areas for potential growth, particularly in expanding its community engagement and outreach strategies. However, the high program expense ratio of 75.68% illustrates that a significant portion of its expenditure goes directly towards its programs, reinforcing its mission-driven approach.
This AI summary has been generated from information found on Charity Navigator.
Is The Simple Foundation legitimate?
The Simple Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Simple 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: $146,261
Professional Fundraising Fees: $0
Other Salaries and Wages: $826,545
For more financial information, click here
Official website here: www.thesimplefoundation.org
What is the mission statement of The Simple Foundation?
The Simple Foundation aims to address the multifaceted needs of vulnerable children and families through various means. This includes providing scholarships, encouraging volunteerism, and offering mentoring resources. In particular, the organization's Academic Excellence program offers year-round tutoring services for economically disadvantaged and refugee/immigrant elementary and middle school students. This one-on-one tutoring not only aids in academic progress but also supports social and developmental growth. Additionally, The Simple Foundation creates a nurturing environment to enhance students' educational successes through their College for Success program, which helps youth transition smoothly from high school to post-secondary education.
Official website here: www.thesimplefoundation.org
What is the revenue of The Simple Foundation?
The Simple Foundation's revenue in 2023 was $4,054,570.
Official website here: www.thesimplefoundation.org
Who are the executives of The Simple Foundation and what are their salaries?
The average compensation at The Simple Foundation during 2023 was $11,055. There are 88 employees and 13 volunteers at The Simple Foundation.
Here are 12 key members and their salaries:
- Compensation: $135,183
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- Other: $11,079
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Official website here: www.thesimplefoundation.org
Where can I find the form 990 for The Simple Foundation?
The Simple Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thesimplefoundation.org
Learn more at the official website: www.thesimplefoundation.org
Mission Statement of The Simple Foundation
The Simple Foundation, a nonprofit organization, is committed to addressing the multifaceted needs of vulnerable children and families. They accomplish this through various means, including scholarships, volunteerism, and mentoring resources. The organization's mission is to support these individuals in their academic and personal development.
One of the ways The Simple Foundation achieves its mission is through its Academic Excellence program. This initiative offers year-round tutoring services to economically disadvantaged and refugee/immigrant elementary and middle school students. The focus on one-to-one tutoring and high-quality academic support not only benefits participants academically but also supports their social and developmental growth. Additionally, The Simple Foundation creates a nurturing environment to improve students' educational successes through their College for Success program. This program works to provide youth with a seamless path from high school to post-secondary education.
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Impact
July, 2024
The Simple Foundation has a significant impact on vulnerable children and families by providing essential support through scholarships, volunteerism, and mentoring resources. Their focus on academic excellence includes year-round tutoring services for economically disadvantaged and refugee/immigrant elementary and middle school students. By offering one-to-one tutoring and high-quality academic support, they not only benefit participants academically but also support their social and developmental growth. Additionally, the foundation facilitates a nurturing environment through their College for Success program, which helps students transition seamlessly from high school to post-secondary education. Overall, The Simple Foundation's dedication to education and support for youth in need makes a tangible difference in their lives and communities.
This information is meant to be a general summary of The Simple 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 2023.
- Investment Income: $150,674
- Gross Receipts: $4,054,570
Assets and Liabilities:
- Total Assets: $9,038,035
- Total Liabilities: $130,607
- Net Assets: $8,907,428
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Organization Details
Founding Year
2014
Principal Officer
Osuman Issaka
Website
www.thesimplefoundation.orgNTEE Category
Code: B12 - Education
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