Overview
What is Usd 464 Education Foundation Inc?
Usd 464 Education Foundation Inc, located in Tonganoxie, Kansas, serves as a charitable organization dedicated to supporting the educational endeavors of its community. The foundation's primary mission is to provide financial aid in the form of scholarships to students from the USD 464 school district, aiding them in their post-secondary education pursuits. Additionally, the foundation extends its aid to district teachers by offering grants, enabling them to enhance the overall educational experience of their students. By providing these scholarships and grants, Usd 464 Education Foundation Inc plays a vital role in fostering educational growth and opportunity within its local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of financial health and accountability for the Usd 464 Education Foundation Inc. While the organization demonstrates strong governance practices, such as having a fully independent board and a solid program expense ratio of 98.88%, it lacks certain important policies that could enhance its transparency and accountability.
Strengths of the Usd 464 Education Foundation include a robust management structure, as indicated by a perfect score in both board independence and size, and no reported material diversion of assets. The organization’s liabilities to assets ratio is also commendably low at 0.08%, suggesting a strong financial position. Furthermore, the documentation of board meeting minutes indicates a commitment to maintaining proper records.
However, the foundation has notable limitations that contribute to its Two-Star rating. The absence of key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, indicates areas for improvement in governance and transparency. Additionally, the lack of disclosure regarding its tax form on its website may raise concerns among potential donors about the organization's accessibility and openness.
This AI summary has been generated from information found on Charity Navigator.
Is Usd 464 Education Foundation Inc legitimate?
Usd 464 Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usd 464 Education 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.
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What is the mission statement of Usd 464 Education Foundation Inc?
The Usd 464 Education Foundation Inc is committed to providing financial assistance for educational purposes. This is achieved through offering scholarships to students from the USD 464 School District and grants to teachers within the district to enhance their educational experiences. The foundation's primary goal is to support the educational growth of students, providing them with the necessary funds for post-secondary education. Furthermore, the foundation also offers grants to district teachers to improve and enrich their teaching methods, thereby enhancing the overall educational experience for the students.
Who is the CEO of Usd 464 Education Foundation Inc?
Jenny Kessler is the Member of Usd 464 Education Foundation Inc.
What is the revenue of Usd 464 Education Foundation Inc?
Usd 464 Education Foundation Inc's revenue in 2023 was $45,256.
Who are the executives of Usd 464 Education Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Usd 464 Education Foundation Inc?
Usd 464 Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Usd 464 Education Foundation Inc
Usd 464 Education Foundation Inc is committed to providing educational opportunities for students within the USD 464 School District. Their mission is twofold: they offer scholarships to deserving students for post-secondary education purposes, and they grant funds to district teachers to enhance their teaching methods and overall educational experiences. By doing so, the foundation aims to support the academic growth and development of students in the district, as well as inspire and empower their educators. In essence, Usd 464 Education Foundation Inc plays a crucial role in fostering a conducive learning environment and nurturing the next generation of leaders.
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Impact
August, 2024
Usd 464 Education Foundation Inc's impact is significant in Tonganoxie, KS. It provides scholarships for students in the USD 464 school district to pursue post-secondary education. Additionally, the foundation offers grants to district teachers to enhance educational experiences. By supporting students and educators in this way, Usd 464 Education Foundation Inc is contributing to the growth and development of the community through education.
This information is meant to be a general summary of Usd 464 Education 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: $11,094
- Gross Receipts: $45,262
Assets and Liabilities:
- Total Assets: $549,870
- Total Liabilities: $454
- Net Assets: $549,416
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Organization Details
Founding Year
1997
Phone
(913) 845-2153Principal Officer
Jenny Kessler
Main Address
PO BOX 219, TONGANOXIE, KS, 66086
NTEE Category
Code: B111 - Education
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