Overview
What is Atlantis Educational Foundation Inc?
Atlantis Educational Foundation Inc, based in Fall River, Massachusetts, is a nonprofit organization dedicated to supporting the Atlantis Charter School. Their primary objective is to fund education for children, preparing them for life and work in the 21st century and beyond. Furthermore, the foundation is authorized to buy, sell, lease, or mortgage real property for the benefit of the Atlantis Charter School. The Foundation's purpose is to contribute to the school's growth and development, ultimately bettering the educational opportunities for its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Atlantis Educational Foundation Inc has received a commendable Three-Star rating from Charity Navigator, primarily based on its Accountability & Finance score of 82%. This score reflects the organization's commitment to financial transparency and responsible management practices. The rating indicates a solid level of trustworthiness, making it a favorable option for potential donors looking for reliable nonprofit organizations.
The foundation boasts a fully independent board of directors, scoring 100% in this area, which signifies strong governance practices. Additionally, it has achieved perfect scores in several financial metrics, including its Liabilities to Assets Ratio and Program Expense Ratio, with 92.35% of its expenses directed towards its programs. This suggests that the foundation effectively uses its resources to further its educational mission.
However, the overall rating is primarily derived from a single category, which may limit a comprehensive understanding of the organization's overall effectiveness. While the accountability and financial management are commendable, potential supporters might want to consider exploring other aspects such as program impact and community feedback for a more holistic view of the foundation’s performance.
This AI summary has been generated from information found on Charity Navigator.
Is Atlantis Educational Foundation Inc legitimate?
Atlantis Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlantis Educational Foundation Inc 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 Atlantis Educational Foundation Inc?
The Atlantis Educational Foundation Inc's primary purpose is to support the Atlantis Charter School. This support extends to raising funds for educational needs, preparing children for life and work in the 21st century and beyond, and managing real estate transactions for the school's benefit. The foundation's mission is geared towards enhancing the educational experience of children, aiming to equip them with the necessary skills for their future.
Who is the CEO of Atlantis Educational Foundation Inc?
Roger Saint-Pierre is the President of Atlantis Educational Foundation Inc.
What is the revenue of Atlantis Educational Foundation Inc?
Atlantis Educational Foundation Inc's revenue in 2023 was $731,000.
Who are the executives of Atlantis Educational Foundation Inc and what are their salaries?
There 8 volunteers at Atlantis Educational Foundation Inc.
Here are 8 key members and their salaries:
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- Related: $180,803
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Where can I find the form 990 for Atlantis Educational Foundation Inc?
Atlantis Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Atlantis Educational Foundation Inc
Atlantis Educational Foundation Inc is an organization dedicated to supporting the Atlantis Charter School. Its mission is multifaceted, encompassing several key objectives. Primarily, the foundation aims to raise funds for the education of children, preparing them for life and work in the 21st century and beyond. Beyond financial support, the foundation also plays a role in the acquisition and management of real estate properties for the benefit of the Atlantis Charter School. By doing so, Atlantis Educational Foundation Inc contributes significantly to the overall growth and development of the school, ensuring that it can provide a comprehensive and enriching educational experience for its students.
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Impact
July, 2024
Atlantis Educational Foundation Inc's impact is centered around supporting the Atlantis Charter School by raising funds to enhance education for children and better prepare them for the challenges of the 21st century and beyond. Through activities such as fundraising and real estate management, the foundation plays a crucial role in facilitating the growth and development of the Atlantis Charter School. Its focus on philanthropy contributes to creating a positive impact on the lives of students and the broader community in Fall River, MA.
This information is meant to be a general summary of Atlantis Educational Foundation Inc. 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: $568,945
- Program Service Revenue: $30,000
- Gross Receipts: $1,350,372
Assets and Liabilities:
- Total Assets: $1,199,549
- Total Liabilities: $0
- Net Assets: $1,199,549
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$30,000
Organization Details
Founding Year
2014
Phone
(508) 646-6401Principal Officer
Roger Saint-Pierre
Main Address
991 JEFFERSON STREET, FALL RIVER, MA, 02721
NTEE Category
Code: T11 - Philanthropy
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