Overview
What is Bloomfield Community Schools Foundation?
The Bloomfield Community Schools Foundation is a nonprofit organization situated in Bloomfield, Nebraska. Their primary mission is to support local residents and high school students in their post-secondary education endeavors by providing scholarships. Furthermore, the foundation plays a role in promoting activities within the Bloomfield Public School System. The organization has awarded 37 scholarships, showcasing their commitment to the community's educational development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Bloomfield Community Schools Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a perfect score in various categories, including having a fully independent board and a zero liabilities to assets ratio, the foundation demonstrates a high level of financial health and governance.
The foundation's program expense ratio is particularly notable at 97.51%, indicating that the vast majority of its funds are directed toward its educational programs and initiatives. This efficiency in resource allocation suggests that the organization is effectively fulfilling its mission to support the local educational community.
While the foundation's financial practices and governance policies are commendable, the data does not provide insight into the specific programs or impact of its initiatives. However, the strong financial ratings indicate that the organization is well-managed and prioritizes its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Bloomfield Community Schools Foundation legitimate?
Bloomfield Community Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomfield Community 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.
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What is the mission statement of Bloomfield Community Schools Foundation?
The Bloomfield Community Schools Foundation's mission is centered around two primary objectives. Firstly, it aims to provide financial aid in the form of post-secondary scholarships to local residents and high school students. Secondly, it works towards promoting the Bloomfield Public School System. By offering scholarships, the foundation supports the higher education of talented individuals, while its promotion efforts enhance the activities and reputation of the local school system. In the past year, the foundation has awarded 37 scholarships to deserving students, furthering their education, and advocating for the Bloomfield Schools.
Who is the CEO of Bloomfield Community Schools Foundation?
Kelli Fehringer is the President of Bloomfield Community Schools Foundation.
What is the revenue of Bloomfield Community Schools Foundation?
Bloomfield Community Schools Foundation's revenue in 2022 was $51,623.
Who are the executives of Bloomfield Community Schools Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Bloomfield Community Schools Foundation?
Bloomfield Community Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bloomfield Community Schools Foundation
The Bloomfield Community Schools Foundation is an organization that is committed to two primary objectives. Firstly, it aims to provide post-secondary scholarships to local residents and high school students. By offering these scholarships, the foundation seeks to support individuals in furthering their education beyond high school. Secondly, the foundation works to promote the Bloomfield Public School System. This promotion involves supporting activities within the school system, thereby enhancing its reputation and impact in the community. The foundation achieved this mission by providing 37 scholarships to local residents and high school students, thereby assisting in their educational pursuits while also showcasing the strength and importance of the Bloomfield Public School System.
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Impact
August, 2024
Bloomfield Community Schools Foundation has had a significant impact on the local community by providing 37 scholarships to residents and high school students pursuing post-secondary education. Additionally, the foundation has actively promoted activities within the Bloomfield public school system, contributing to the overall educational development of the area. The support offered by the foundation plays a crucial role in improving access to higher education and fostering a strong educational environment within Bloomfield.
This information is meant to be a general summary of Bloomfield Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $532
- Gross Receipts: $51,623
Assets and Liabilities:
- Total Assets: $557,406
- Total Liabilities: $0
- Net Assets: $557,406
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Organization Details
Founding Year
1990
Phone
(605) 254-2627Principal Officer
Kelli Fehringer
Main Address
PO BOX 523, BLOOMFIELD, NE, 68718
NTEE Category
Code: B82Z - Education
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