Overview
What is Barry Glass Educational Foundation?
The Barry Glass Educational Foundation is a nonprofit organization situated in Albuquerque, New Mexico. Its primary mission is to bolster the operations and construction of Mark Armijo Academy, a public charter school. Beyond this, the foundation plays a crucial role in sponsoring the school's activities under the guidance of Rhonda Cordova. By doing so, it contributes to the educational landscape of New Mexico, ensuring the smooth functioning and growth of the Mark Armijo Academy.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 38%, Zero-Star out of Four Star Rating
The Barry Glass Educational Foundation has been rated poorly by Charity Navigator, receiving a 38% score which results in a Zero-Star rating. This rating indicates significant concerns regarding the charity's accountability and financial practices. While the organization scores well in certain governance aspects, such as having a fully independent board, it fails to meet basic transparency and compliance standards.
Strengths of the foundation include a fully independent board with an adequate size and no material diversion of assets, which reflects a commitment to governance. However, substantial weaknesses are evident in their lack of essential policies, including conflict of interest, whistleblower, and document retention policies. Furthermore, their website lacks crucial documentation, such as the tax form, which diminishes overall transparency.
Financially, the foundation exhibits a concerning liabilities to assets ratio of 98.13%, signaling potential financial instability. Their program expense ratio is noted at 53.94%, which suggests that a significant portion of funds may not be directed toward programmatic activities. Overall, potential donors and stakeholders should exercise caution and consider these limitations when evaluating the foundation's effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Barry Glass Educational Foundation legitimate?
Barry Glass Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barry Glass Educational 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
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What is the mission statement of Barry Glass Educational Foundation?
The Barry Glass Educational Foundation is committed to supporting the operations and activities of a public charter school in New Mexico, specifically Mark Armijo Academy. Their mission encompasses providing resources for the school's operations and aiding in the purchase of its building. The foundation's goal is to contribute positively to the education of students at Mark Armijo Academy.
Who is the CEO of Barry Glass Educational Foundation?
Rhonda Cordova is the President of Barry Glass Educational Foundation.
What is the revenue of Barry Glass Educational Foundation?
Barry Glass Educational Foundation's revenue in 2022 was $11,937.
Who are the executives of Barry Glass Educational Foundation and what are their salaries?
There 7 volunteers at Barry Glass Educational Foundation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Barry Glass Educational Foundation?
Barry Glass Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Barry Glass Educational Foundation
The Barry Glass Educational Foundation is dedicated to supporting the operations and activities of Mark Armijo Academy, a public charter school in New Mexico. This nonprofit organization plays a crucial role in backing the academic institution, ensuring its smooth functioning and growth. Under the leadership of Rhonda Cordova, the foundation contributes to both the operational expenses and the purchase of a building for Mark Armijo Academy. By doing so, it demonstrates its commitment to fostering quality education within the community.
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Impact
August, 2024
The Barry Glass Educational Foundation's impact is focused on supporting the operations and building purchase of Mark Armijo Academy, a public charter school in New Mexico. This foundation plays a crucial role in providing resources and assistance to ensure the smooth functioning and development of the academy. Through its support, the foundation contributes to enhancing the educational opportunities available to students at Mark Armijo Academy, ultimately making a positive difference in the local education sector.
This information is meant to be a general summary of Barry Glass Educational 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.
- Gross Receipts: $145,731
Assets and Liabilities:
- Total Assets: $1,099,455
- Total Liabilities: $1,083,216
- Net Assets: $16,239
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Organization Details
Founding Year
2014
Phone
(505) 873-7758Principal Officer
Rhonda Cordova
Main Address
6800 Gonzales Rd SW, Albuquerque, NM, 87121
NTEE Category
Code: B90 - Education
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