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Emereau Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475131659 ✦ Elizabethtown, NC ✦ Designated as a 501(c)(3)

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Overview

What is Emereau Foundation Inc?

Emereau Foundation Inc is a nonprofit organization based in Elizabethtown, North Carolina. The primary focus of the foundation is the operation of Emereau Bladen Public Charter School, serving approximately 609 students as of June 30, 2022. Established in this small North Carolina town, the foundation's mission is dedicated to the operation of a public charter school within the state, contributing to the educational landscape and enriching the lives of local students. The foundation's workforce comprises 87 dedicated individuals, ensuring the smooth running of the educational institution.


Official website here: www.emereau.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 2 Stars (Needs Improvement)**

The Emereau Foundation Inc. has received a Two-Star out of Four Star rating from Charity Navigator, indicating areas requiring attention despite a solid score in Accountability & Finance. While the organization has an excellent standing in several financial metrics, including a program expense ratio of 79.11%, the absence of a Whistleblower policy and other governance documents has impacted its overall evaluation.

The foundation boasts a fully independent board and demonstrates sound financial oversight, having no notable issues of asset diversion. However, the current assessment lacks insights on essential areas such as Leadership & Adaptability, Culture & Community, and Impact & Measurement, which could provide a more holistic view of the organization's effectiveness and commitment to its mission.

User reviews from GreatNonprofits are not available for Emereau Foundation Inc., leaving a gap in public sentiment analysis from direct beneficiaries or constituents. This absence limits a deeper understanding of the community impact and overall satisfaction with the organization's services.


This AI summary has been generated from information found on Charity Navigator.

Is Emereau Foundation Inc legitimate?

Emereau Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emereau 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: $91,971
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,340,983

For more financial information, click here


Official website here: www.emereau.org

What is the mission statement of Emereau Foundation Inc?

The Emereau Foundation Inc's mission is centered around operating a public charter school. Specifically, they oversee the Emereau Bladen Public Charter School in Elizabethtown, North Carolina, serving approximately 609 students as of the fiscal year ending June 30, 2022. The foundation's primary focus is on providing educational services, ensuring the school operates effectively and meets the needs of its students. The mission of the Emereau Foundation Inc is to contribute to the educational growth and development of its students, fostering an inclusive and supportive learning environment. The foundation does not disclose additional details about its mission or objectives beyond the operation of the public charter school.


Official website here: www.emereau.org

Who is the CEO of Emereau Foundation Inc?

Ashley Dowless is the Board Chair of Emereau Foundation Inc.


Official website here: www.emereau.org

What is the revenue of Emereau Foundation Inc?

Emereau Foundation Inc's revenue in 2022 was $6,956,014.


Official website here: www.emereau.org

Who are the executives of Emereau Foundation Inc and what are their salaries?

The average compensation at Emereau Foundation Inc during 2022 was $39,459. There are 87 employees and 7 volunteers at Emereau Foundation Inc.


Here are 8 key members and their salaries:


Ashley Dowless (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Lewis (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Byrd (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Troy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Whittington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Cole (Executive Di)
  • Compensation: $88,251
  • Related: $0
  • Other: $0


Official website here: www.emereau.org

Where can I find the form 990 for Emereau Foundation Inc?

Emereau Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.emereau.org

Learn more at the official website: www.emereau.org

Mission Statement of Emereau Foundation Inc

Emereau Foundation Inc is dedicated to operating a North Carolina public charter school. Specifically, it managed Emereau Bladen Public Charter School located in Elizabethtown, NC. This educational institution served approximately 609 students during the fiscal year ending June 30, 2022. By operating this school, Emereau Foundation Inc contributes to providing quality educational opportunities for children in the community.

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Impact




July, 2024

Emereau Foundation Inc's impact can be seen through its operation of Emereau Bladen Public Charter School in Elizabethtown, NC, serving approximately 609 students for the fiscal year ending June 30, 2022. The foundation's mission is centered around providing quality education through a public charter school model. By serving the educational needs of the community, Emereau Foundation Inc is contributing to the growth and development of students in North Carolina. Their focus on education aligns with their tag of "Education," highlighting their dedication to empowering the next generation through accessible and quality schooling.




This information is meant to be a general summary of Emereau 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.

Revenue
$6,956,014 (2022)
Expenses
$5,784,039 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $907
  • Program Service Revenue: $6,403,411
  • Gross Receipts: $6,956,014

Assets and Liabilities:

  • Total Assets: $14,787,499
  • Total Liabilities: $11,347,616
  • Net Assets: $3,439,883

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STATE APPROPRIATIONS

Revenue

$5,384,702

COUNTY APPROPRIATIONS

Revenue

$860,341

LUNCH REVENUE

Revenue

$80,220

SCHOOL PROGRAMS & ACTIVITIES

Revenue

$78,148

Organization Details

Founding Year

2015

Principal Officer

Ashley Dowless

Main Address

PO BOX 547, ELIZABETHTOWN, NC, 28337

NTEE Category

Code: B29 - Education

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