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Wausa Public Schools Foundation

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

EIN: 470714067 ✦ Wausa, NE ✦ Designated as a 501(c)(3)

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Overview

What is Wausa Public Schools Foundation?

The Wausa Public Schools Foundation is a nonprofit organization located in Wausa, Nebraska. Their primary mission is to support deserving graduates from Wausa High School by providing scholarships. Beyond scholarships, they also contribute to covering special school expenses, thereby contributing to the educational growth and opportunities of the community's youth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 50% (One-Star out of Four Stars)

The Wausa Public Schools Foundation has received a low rating of 50%, reflecting significant concerns regarding its accountability and finance practices. This rating is based solely on the Accountability & Finance beacon, where the organization scored poorly in several key areas, such as having no independent board members and missing essential policies like conflict of interest and whistleblower protection.

Despite these governance issues, the foundation does demonstrate a strong commitment to its mission, as evidenced by an impressive program expense ratio of 98.63%. This indicates that nearly all of its expenditures are directed towards fulfilling its programs rather than administrative costs. However, the lack of transparency and missing governance documents, including a website presence and meeting minutes, highlight areas that require immediate attention.

Overall, while the Wausa Public Schools Foundation is effectively directing funds towards its educational initiatives, its governance practices need significant improvement to enhance accountability and trust with its stakeholders. Addressing these limitations could contribute to a stronger reputation and better overall rating in the future.


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

Is Wausa Public Schools Foundation legitimate?

Wausa Public Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wausa Public Schools 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Wausa Public Schools Foundation?

The Wausa Public Schools Foundation's mission is centered around providing financial aid for deserving graduates from Wausa High School. This mission extends beyond just scholarships, as the foundation also takes responsibility for covering special school expenses. In essence, the foundation serves as a philanthropic entity that aids academically deserving students, ensuring they have the necessary financial support to pursue their educational goals.

Who is the CEO of Wausa Public Schools Foundation?

Nichole Carlson is the President of Wausa Public Schools Foundation.

What is the revenue of Wausa Public Schools Foundation?

Wausa Public Schools Foundation's revenue in 2022 was $92,988.

Who are the executives of Wausa Public Schools Foundation and what are their salaries?


Here are 6 key members and their salaries:


Doug Johnson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Bloomquiest (Secretery)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nichole Carlson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Cunningham (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kumm (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Kumm (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wausa Public Schools Foundation?

Wausa Public Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wausa Public Schools Foundation

The Wausa Public Schools Foundation, as its mission statement suggests, is dedicated to providing scholarships for deserving graduates of Wausa High School. Beyond this, the organization also seeks to cover special school expenses. In essence, the Wausa Public Schools Foundation aims to support the educational aspirations of its community's high school graduates, extending financial aid to deserving individuals and ensuring they can afford additional educational costs. This mission is a testament to the organization's commitment to investing in the future of its community's youth.

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Impact




October, 2024

The Wausa Public Schools Foundation significantly impacts the community by providing scholarships to deserving Wausa High School graduates, facilitating their pursuit of higher education. By alleviating financial burdens, the foundation enables students to focus on their academic and career goals, thereby fostering a culture of learning and achievement. Additionally, it supports special school expenses, enhancing the overall educational experience for students. This commitment to education not only empowers individuals but also strengthens the community by contributing to a well-educated future workforce.




This information is meant to be a general summary of Wausa Public Schools 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.

Revenue
$92,988 (2022)
Expenses
$69,828 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,182
  • Gross Receipts: $92,988

Assets and Liabilities:

  • Total Assets: $681,748
  • Total Liabilities: $0
  • Net Assets: $681,748

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Organization Details

Founding Year

1988

Principal Officer

Nichole Carlson

Main Address

PO BOX 159, WAUSA, NE, 68786

NTEE Category

Code: B112 - Education

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