Overview
What is Foundation For Educational Services?
Foundation For Educational Services (FES) is a nonprofit organization based in Lincoln, Nebraska, with a PO Box address at 82552, ZIP code 68501. Their primary role is to support other nonprofits, specifically Nebraska Student Loan Program (NSLP) and EducationQuest Foundation, by offering essential services. These services encompass technical, programming, and design assistance, administrative support, payroll and human resource management, building maintenance, disaster recovery, and network security infrastructure. FES' mission is to act as a foundation of support for these organizations, enabling them to effectively carry out their respective missions. The key objectives accomplished by FES contributed significantly to the progress of its affiliates in delivering or enhancing their services to their stakeholders.
Official website here: www.fes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
The Foundation For Educational Services has achieved an impressive 94% rating from Charity Navigator, which reflects a strong commitment to accountability and financial transparency. This rating is based solely on the Accountability & Finance beacon, indicating that the organization excels in managing its resources responsibly and ethically.
One of the standout features of this nonprofit is its governance structure, with 88% of board members being independent, ensuring unbiased decision-making. The organization maintains a robust oversight framework, demonstrated by a fully compliant audit and oversight committee, and it has implemented essential policies such as conflict of interest and whistleblower protections.
While the foundation shows strong financial ratios, including a low liabilities-to-assets ratio of 52.49%, there are no noted limitations or concerns in the data provided. Overall, the Foundation For Educational Services exemplifies effective nonprofit management, prioritizing both accountability and the pursuit of its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Educational Services legitimate?
Foundation For Educational Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Educational Services 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: $1,693,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,375,317
For more financial information, click here
Official website here: www.fes.org
What is the mission statement of Foundation For Educational Services?
The Foundation For Educational Services (FES) functions as a supportive foundation for various affiliates and nonprofits. Its mission is to provide essential products, services, and resources to these organizations, enabling them to effectively carry out their missions and daily activities. FES offers a range of services including technical, programming, and design assistance, administrative support, payroll and human resource management, building maintenance, disaster recovery, and network security infrastructure and support. Key objectives have been met, propelling these organizations forward in enhancing their services for their stakeholders.
Official website here: www.fes.org
Who is the CEO of Foundation For Educational Services?
Cj Thoma is the Principal Officer of Foundation For Educational Services.
Official website here: www.fes.org
What is the revenue of Foundation For Educational Services?
Foundation For Educational Services's revenue in 2022 was $19,971,650.
Official website here: www.fes.org
Who are the executives of Foundation For Educational Services and what are their salaries?
The average compensation at Foundation For Educational Services during 2022 was $63,748. There are 205 employees at Foundation For Educational Services.
Here are 19 key members and their salaries:
- Compensation: $30,000
- Related: $0
- Other: $0
- Compensation: $338,033
- Related: $0
- Other: $33,481
- Compensation: $10,500
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,750
- Related: $0
- Other: $0
- Compensation: $10,750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $9,500
- Other: $0
- Compensation: $269,057
- Related: $0
- Other: $29,857
- Compensation: $232,477
- Related: $0
- Other: $28,796
- Compensation: $168,924
- Related: $0
- Other: $15,383
- Compensation: $182,742
- Related: $0
- Other: $22,589
- Compensation: $152,535
- Related: $0
- Other: $25,842
- Compensation: $138,675
- Related: $0
- Other: $13,135
- Compensation: $131,315
- Related: $0
- Other: $18,875
- Compensation: $126,294
- Related: $0
- Other: $11,170
- Compensation: $127,828
- Related: $0
- Other: $23,600
- Compensation: $113,916
- Related: $0
- Other: $5,821
Official website here: www.fes.org
Where can I find the form 990 for Foundation For Educational Services?
Foundation For Educational Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fes.org
Learn more at the official website: www.fes.org
Mission Statement of Foundation For Educational Services
Foundation For Educational Services (FES) is a supportive foundation that empowers various nonprofits, including Nebraska Student Loan Program (NSLP) and EducationQuest Foundation, to fulfill their missions. The organization provides crucial resources and services that enable these nonprofits to effectively carry out their daily activities and programs.
FES' offerings encompass a wide range of services such as technical, programming, and design services, administrative support, payroll and human resource management, building support, disaster recovery, technical network security infrastructure, and support. These services are instrumental in advancing the missions of the affiliated nonprofits and enhancing their ability to serve their stakeholders.
By assuming a foundational role, FES plays a significant part in ensuring the success and growth of its partners. The key objectives that FES has achieved have been pivotal in pushing the organizations forward in delivering enhanced services to their stakeholders. Through its commitment to providing essential resources and support, FES strengthens the capabilities of the nonprofits it serves, ultimately contributing to the greater good in their respective communities.
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Impact
October, 2024
Foundation For Educational Services (FES) plays a crucial role in enhancing the operational capacity and overall effectiveness of its affiliates, including the Nebraska Student Loan Program and EducationQuest Foundation. By providing a diverse range of support services such as technical assistance, programming, administrative support, and human resources management, FES ensures that these organizations can focus on their core missions without being bogged down by operational challenges.
The impact of FES is evident in its ability to streamline processes and enhance service delivery, allowing partner organizations to more effectively serve their stakeholders. This multifaceted support not only strengthens the infrastructure of these educational entities but also helps them adapt to challenges such as disaster recovery and network security, thus safeguarding their operations.
As a foundation of support, FES actively contributes to the advancement of educational initiatives and services across Nebraska, fostering an environment where affiliates can thrive and innovate. The successful implementation of key objectives has empowered these organizations to augment their offerings and extend their reach, ultimately benefiting students and educational stakeholders throughout the region.
This information is meant to be a general summary of Foundation For Educational Services. 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.
- Investment Income: $270,895
- Program Service Revenue: $18,031,324
- Gross Receipts: $20,617,436
Assets and Liabilities:
- Total Assets: $9,496,243
- Total Liabilities: $4,460,819
- Net Assets: $5,035,424
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUPPORT SERVICE FEES
Revenue
$12,722,885
LICENSE AND MAINTENANCE FEES
Revenue
$5,308,439
Organization Details
Founding Year
1986
Phone
(402) 479-6933Principal Officer
Cj Thoma
Main Address
PO BOX 82552, LINCOLN, NE, 68501
Website
www.fes.orgNTEE Category
Code: B12 - Education
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