Overview
What is Bishop Neumann Hs Endowment Fund?
The Bishop Neumann Hs Endowment Fund is a charitable organization based in Wahoo, Nebraska, with a specific mission to provide additional financial support to Bishop Neumann High School. This nonprofit aims to enhance the educational opportunities and resources available at the high school, contributing to its overall development and success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Score: 69%, Two-Star out of Four Star rating. The Bishop Neumann High School Endowment Fund has received a "Needs Improvement" rating, indicating significant areas for growth. Despite a high Accountability & Finance score of 100%, there are critical gaps in governance practices, including the absence of both a conflict of interest policy and a whistleblower policy.
The organization demonstrates strong financial health, highlighted by a program expense ratio of 100%, meaning all expenditures are directed towards its mission. Additionally, the fund has no liabilities, further showcasing its solid fiscal standing. However, the lack of transparency, as evidenced by missing financial statements and the tax form not being posted on its website, raises concerns regarding accountability to donors and stakeholders.
The board of directors is composed entirely of independent members, which is a positive aspect in terms of governance. However, the missing policies regarding document retention and destruction suggest a need for improved operational protocols. Overall, while the fund shows promise in financial management, enhancing its governance and transparency practices is essential for increased trust and efficacy.
This AI summary has been generated from information found on Charity Navigator.
Is Bishop Neumann Hs Endowment Fund legitimate?
Bishop Neumann Hs Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bishop Neumann Hs Endowment Fund 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 Bishop Neumann Hs Endowment Fund?
The Bishop Neumann HS Endowment Fund is committed to providing additional financial support for Bishop Neumann High School. This mission is aimed at enhancing the educational resources and opportunities at the high school, without specifying a specific location in the information provided. The fund's primary objective is to contribute financially to the school's operations and development. This support could potentially cover various aspects of the school's operation, such as scholarships, infrastructure development, or educational programs, but the details are not provided in the information given.
Who is the CEO of Bishop Neumann Hs Endowment Fund?
James Conely is the President of Bishop Neumann Hs Endowment Fund.
What is the revenue of Bishop Neumann Hs Endowment Fund?
Bishop Neumann Hs Endowment Fund's revenue in 2023 was $592,258.
Who are the executives of Bishop Neumann Hs Endowment Fund and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bishop Neumann Hs Endowment Fund?
Bishop Neumann Hs Endowment Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bishop Neumann Hs Endowment Fund
The Bishop Neumann Hs Endowment Fund is dedicated to providing additional financial support for Bishop Neumann High School located in Wahoo, NE. Its mission is centered around enhancing the educational resources and opportunities available at the high school, aiming to contribute positively to its overall development. By providing additional funding, the Endowment Fund aims to support the school in its endeavors, ensuring it can continue to offer a quality education to its students.
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Impact
July, 2024
Bishop Neumann HS Endowment Fund's impact is evident in the additional funding it provides to Bishop Neumann High School in Wahoo, NE. This financial support helps enhance the educational experience for students, supports school programs, and contributes to the overall growth and success of the institution. The endowment fund plays a crucial role in ensuring the sustainability and advancement of Bishop Neumann High School, ultimately benefiting the students, faculty, and community in Wahhoo, NE.
This information is meant to be a general summary of Bishop Neumann Hs Endowment Fund. 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: $452,820
- Gross Receipts: $253,803
Assets and Liabilities:
- Total Assets: $4,741,389
- Total Liabilities: $0
- Net Assets: $4,741,389
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Organization Details
Founding Year
1981
Principal Officer
James Conely
Main Address
202 SOUTH LINDEN, Wahoo, NE, 68066
NTEE Category
Code: B82 - Education
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