Overview
What is Foundation For Academic Endeavors?
The Foundation for Academic Endeavors is a nonprofit organization located in MT Vernon, WA (98273). Its primary mission is to offer a five-week summer learning program for at-risk, low-income children aged 3-16, focusing on subjects such as literacy, science, technology, engineering, and math (STEM). The foundation aims to provide broad community support, empowering academic experiences for these children and their families. With a workforce of 44 employees, they strive to make a difference in children's lives by fostering their educational growth during the summer months.
Official website here: www.skagitfae.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Foundation For Academic Endeavors has received a solid Three-Star rating from Charity Navigator, reflecting a commendable performance in accountability and finance with a score of 93%. The organization demonstrates strong governance practices with an independent board comprised entirely of independent members, ensuring a transparent and accountable operational structure. It has successfully maintained a low liabilities to assets ratio of 0.19%, indicating strong financial health.
In terms of program efficiency, the organization allocates approximately 74.78% of its expenses directly towards its programs, showcasing a commitment to its mission. Furthermore, the charity has well-documented policies in place, including conflict of interest, whistleblower, and document retention policies, contributing to its high accountability score.
The Culture & Community score of 7% suggests that while the organization excels in finance and governance, there may be room for improvement in community engagement and cultural initiatives. However, it is noteworthy that 100% of feedback collection and usage practices are rated positively, indicating that the organization values input from its stakeholders. Overall, Foundation For Academic Endeavors shows strength in financial responsibility and governance, although increasing focus on community dynamics may enhance its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Academic Endeavors legitimate?
Foundation For Academic Endeavors is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Academic Endeavors 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: $323,815
For more financial information, click here
Official website here: www.skagitfae.org
What is the mission statement of Foundation For Academic Endeavors?
The Foundation for Academic Endeavors' mission is centered around providing broad community support. This support is aimed at empowering academic experiences for low-income children and their families. The organization's activities primarily focus on offering a comprehensive summer learning program, which engages at-risk students, aged 3 to 16, in subjects such as literacy, science, technology, engineering, and math (STEM). This program aims to bridge the educational gap and equip these children with essential skills, fostering their academic growth.
Official website here: www.skagitfae.org
Who is the CEO of Foundation For Academic Endeavors?
Carol Rodin is the Director of Foundation For Academic Endeavors.
Official website here: www.skagitfae.org
What is the revenue of Foundation For Academic Endeavors?
Foundation For Academic Endeavors's revenue in 2022 was $865,660.
Official website here: www.skagitfae.org
Who are the executives of Foundation For Academic Endeavors and what are their salaries?
The average compensation at Foundation For Academic Endeavors during 2022 was $7,359. There are 44 employees at Foundation For Academic Endeavors.
Here are 6 key members and their salaries:
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Official website here: www.skagitfae.org
Where can I find the form 990 for Foundation For Academic Endeavors?
Foundation For Academic Endeavors's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.skagitfae.org
Learn more at the official website: www.skagitfae.org
Mission Statement of Foundation For Academic Endeavors
The Foundation for Academic Endeavors is committed to providing extensive community support, with a focus on empowering academic experiences for low-income children and their families. Their mission is to create a conducive environment that fosters learning and development for at-risk students, particularly in the areas of literacy, science, technology, engineering, and mathematics. The foundation operates a five-week summer learning program, catering to students aged 3 to 16, aimed at providing a comprehensive educational experience. This initiative is designed to bridge the educational gap for these students, ensuring they have the necessary tools and knowledge to excel in their academic pursuits.
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Impact
July, 2024
Foundation For Academic Endeavors has a significant impact by providing broad community support for empowering academic experiences for low-income children and their families. They operate a five-week summer learning experience for at-risk low-income students, focusing on literacy, science, technology, engineering, and math for students aged 3-16 in Mt. Vernon, WA. Their mission is to empower academic experiences for children from disadvantaged backgrounds, contributing to their educational development and overall well-being.
This information is meant to be a general summary of Foundation For Academic Endeavors. 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: $2
- Program Service Revenue: $18,155
- Gross Receipts: $865,660
Assets and Liabilities:
- Total Assets: $368,359
- Total Liabilities: $726
- Net Assets: $367,633
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACADEMY REGISTRATION FEES
Revenue
$18,155
Organization Details
Founding Year
2015
Principal Officer
Carol Rodin
Main Address
PO BOX 945, MT VERNON, WA, 98273
Website
www.skagitfae.orgNTEE Category
Code: B90 - Education
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