Overview
What is Tel Foundation?
Tel Foundation is a nonprofit organization situated in Stillwater, Oklahoma. With a team of 23 dedicated individuals, its primary focus is on creating and distributing educational curriculum, as well as offering academic services to colleges and universities. Additionally, Tel Foundation provides research and training in the management of charter, private, and high-innovation K-12 schools. To further its mission, Tel has partnered with various colleges and high schools, offering them affordable access to college-level courses. Moreover, Tel Foundation offers a complimentary online reference library, accessible to the general public through its website, tellearning.org.
Official website here: www.tel-education.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Tel Foundation has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its operations and financial practices. The organization scored 73% overall, which is based solely on its Accountability & Finance metrics. While it showcases strengths in board independence and financial management, the lack of comprehensive financial statements and missing policies such as a whistleblower and document retention policy raise concerns.
The foundation demonstrates a high level of commitment to financial accountability, as evidenced by a program expense ratio of 99.28%, indicating that nearly all funds are directed towards its programs. Furthermore, the independent board members make up 83% of its governance structure, which supports transparency and effective oversight. However, the absence of critical financial documentation and policies may hinder its overall effectiveness and trustworthiness.
In summary, while Tel Foundation exhibits positive traits in financial management and governance, its lack of essential documentation and policies detracts from its overall rating. Addressing these gaps would enhance its credibility and potentially lead to a better performance in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Tel Foundation legitimate?
Tel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tel 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: $50,051
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,100
For more financial information, click here
Official website here: www.tel-education.org
What is the mission statement of Tel Foundation?
The Tel Foundation's mission encompasses two primary objectives. Firstly, it aims to develop and disseminate educational curriculum and offer academic services to colleges and universities. Secondly, the foundation provides research and training in the effective management of charter, private, and high innovation K-12 schools. Through these initiatives, Tel Foundation strives to contribute to the educational sector, offering resources to various academic institutions and providing insights into school management strategies. Additionally, Tel Foundation has established a free online reference library accessible to the general public, further expanding its educational reach.
Official website here: www.tel-education.org
Who is the CEO of Tel Foundation?
Vance Fried is the Cfo of Tel Foundation.
Official website here: www.tel-education.org
What is the revenue of Tel Foundation?
Tel Foundation's revenue in 2022 was $807,789.
Official website here: www.tel-education.org
Who are the executives of Tel Foundation and what are their salaries?
The average compensation at Tel Foundation during 2022 was $4,224. There are 23 employees at Tel Foundation.
Here are 7 key members and their salaries:
- Compensation: $41,917
- Related: $0
- Other: $0
- Compensation: $8,134
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tel-education.org
Where can I find the form 990 for Tel Foundation?
Tel Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tel-education.org
Learn more at the official website: www.tel-education.org
Mission Statement of Tel Foundation
Tel Foundation, as a nonprofit organization, has a twofold mission. Firstly, it focuses on creating and publishing educational curriculum and providing academic services to colleges and universities. This involves developing comprehensive learning materials that cater to the needs of higher education institutions, ensuring a high-quality learning experience for students.
Secondly, Tel Foundation offers research and training on the management of charter, private, and high innovation K-12 schools. Recognizing the unique challenges that these schools face, Tel Foundation provides valuable insights and resources to help these educational institutions thrive. This includes offering training programs to enhance the skills of school administrators, enabling them to effectively manage their schools and provide a superior educational experience for their students.
To further support its mission, Tel Foundation has partnered with various colleges and high schools. It provides low-cost college and advanced high school courses, making quality education more accessible to a wider audience. Additionally, Tel Foundation offers a free online reference library to the general public, available at www.tellearning.org. This resource serves as a valuable tool for individuals seeking to expand their knowledge and further their education.
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Impact
July, 2024
Tel Foundation's impact lies in creating and publishing educational curriculum, providing academic services to colleges and universities, and offering research and training on the management of charter, private, and high innovation K-12 schools. They have partnered with colleges and high schools to offer low-cost college and advanced high school courses. Additionally, Tel Foundation has provided a free online reference library to the general public through their website www.tellearning.org. Their focus on education plays a crucial role in supporting academic institutions and advancing learning opportunities for students and educators alike.
This information is meant to be a general summary of Tel 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: $21
- Program Service Revenue: $395,480
- Gross Receipts: $807,789
Assets and Liabilities:
- Total Assets: $2,313,623
- Total Liabilities: $246,906
- Net Assets: $2,066,717
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROCEEDS FROM EXEMPT FUNCTION
Revenue
$395,480
Organization Details
Founding Year
2014
Phone
(405) 747-0480Principal Officer
Vance Fried
Main Address
2602 S SHINNERY OAK COURT, STILLWATER, OK, 74074
Website
www.tel-education.orgNTEE Category
Code: B60 - Education
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