Overview
What is Kansas Foundation For Excellence In Education?
The Kansas Foundation for Excellence in Education, situated in Topeka, Kansas, is a nonprofit organization with a primary mission to support charitable and educational causes. They achieve this goal by making financial distributions and grants to students, teachers, professors, administrators, and educators at the elementary, secondary, and post-secondary levels. The organization is notably recognized for its involvement in the Kansas State Board of Education's "Kansas Teacher of the Year" awards program. The Foundation's initiatives contribute to the overall betterment of the education sector in Kansas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Kansas Foundation For Excellence In Education has received a two-star rating from Charity Navigator, indicating that while it performs well in several key areas, there are significant shortcomings that need to be addressed. The organization achieved a perfect score in Accountability & Finance, reflecting strong governance practices, including an independent board and no material diversion of assets. However, the foundation's lack of essential policies and transparency measures, such as a conflict of interest policy and missing documents on its website, have raised concerns.
In terms of financial health, the foundation has a commendable program expense ratio of 89.38%, which suggests that a large portion of its funds is directed towards its educational initiatives. Additionally, the organization maintains a favorable liabilities to assets ratio, indicating solid financial stability. However, the absence of critical governance documents could undermine stakeholder trust and the overall effectiveness of its operations.
Overall, while the Kansas Foundation For Excellence In Education demonstrates financial strength and good governance practices, the lack of transparency and missing policies highlight areas where improvement is necessary. Addressing these gaps could enhance the organization's credibility and effectiveness in fulfilling its mission to improve education in Kansas.
This AI summary has been generated from information found on Charity Navigator.
Is Kansas Foundation For Excellence In Education legitimate?
Kansas Foundation For Excellence In Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kansas Foundation For Excellence In Education 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.
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What is the mission statement of Kansas Foundation For Excellence In Education?
The Kansas Foundation for Excellence in Education's mission is centered around providing financial support for charitable and educational purposes. They accomplish this by making distributions and grants to students, teachers, professors, administrators, and educators at the elementary, secondary, and post-secondary levels. One of their key initiatives is supporting the Kansas State Board of Education's "Kansas Teacher of the Year" awards program.
Who is the CEO of Kansas Foundation For Excellence In Education?
Pete Maxon is the Honorary Chairwoman of Kansas Foundation For Excellence In Education.
What is the revenue of Kansas Foundation For Excellence In Education?
Kansas Foundation For Excellence In Education's revenue in 2023 was $65,269.
Who are the executives of Kansas Foundation For Excellence In Education and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Kansas Foundation For Excellence In Education?
Kansas Foundation For Excellence In Education's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kansas Foundation For Excellence In Education
The Kansas Foundation for Excellence in Education, as its name suggests, is committed to furthering charitable and educational causes. This nonprofit organization achieves this mission by dispensing financial aid in the form of distributions and grants. It primarily targets elementary, secondary, and post-secondary students, educators, teachers, professors, and administrators. The Foundation supports the Kansas State Board of Education's "Kansas Teacher of the Year" awards program, which serves to recognize and honor outstanding teachers in the state. This nonprofit organization focuses on empowering and uplifting the educational community by providing financial aid and recognizing excellence in teaching.
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Impact
August, 2024
Kansas Foundation For Excellence In Education has a significant impact by providing financial support for educational purposes to students, teachers, professors, administrators, and educators in Kansas. They support the Kansas State Board of Education's "Kansas Teacher of the Year" awards program, which recognizes outstanding educators in the state. This support helps to celebrate and elevate the teaching profession, ultimately benefiting students and the overall education system.
This information is meant to be a general summary of Kansas Foundation For Excellence In Education. 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: $10,488
- Program Service Revenue: $9,781
- Gross Receipts: $178,194
Assets and Liabilities:
- Total Assets: $855,219
- Total Liabilities: $0
- Net Assets: $855,219
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Kansas teacher of the
Revenue
$9,781
Organization Details
Founding Year
1989
Phone
(785) 296-6338Principal Officer
Pete Maxon
Main Address
900 SW Jackson St 102, Topeka, KS, 666121212
NTEE Category
Code: B82 - Education
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