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Vocational Technical Educational Foundation Of Delaware

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

EIN: 510341061 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is Vocational Technical Educational Foundation Of Delaware?

Vocational Technical Educational Foundation of Delaware is a dedicated educational organization, situated in Wilmington, Delaware. Its primary mission is to foster success among students within Delaware's vocational technical school districts. The foundation achieves this goal by offering individual and community support. As an educational foundation, the Vocational Technical Educational Foundation of Delaware is committed to promoting vocational education in the state of Delaware. It provides programmatic support to the three vocational school districts in Delaware, aiming to strengthen their educational offerings and empower their students.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Stars

The Vocational Technical Educational Foundation Of Delaware has received a Two-Star rating from Charity Navigator, with a score of 73%. This rating primarily reflects the charity's accountability and financial practices, which are crucial indicators of its operational health. The organization has demonstrated excellent governance, with a fully independent board and no reported material diversion of assets.

The foundation's strengths include a perfect score in several accountability metrics, such as a 100% program expense ratio, indicating that all of its resources are dedicated to its programs. Furthermore, the organization has consistently documented its board meeting minutes and maintained a strong liabilities-to-assets ratio of 0.00%. These factors highlight a commitment to fiscal responsibility and transparency.

However, the overall score of 73% suggests there may be areas for improvement, particularly in enhancing its outreach or program effectiveness, which are not fully captured in the current rating. While the foundation demonstrates a strong framework for governance and financial management, additional information on its impact and program outcomes could provide a more comprehensive understanding of its effectiveness.


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

Is Vocational Technical Educational Foundation Of Delaware legitimate?

Vocational Technical Educational Foundation Of Delaware is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vocational Technical Educational Foundation Of Delaware 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

For more financial information, click here

What is the mission statement of Vocational Technical Educational Foundation Of Delaware?

The Vocational Technical Educational Foundation of Delaware is an educational organization with a primary focus on promoting vocational education within the state. Its main function involves providing programmatic support to the three vocational school districts in Delaware. The foundation's mission is to encourage success among students in these districts by offering individual and community support. The goal is to foster an environment that empowers students to achieve their full potential in vocational fields. The foundation plays a crucial role in strengthening the vocational educational system in Delaware.

Who is the CEO of Vocational Technical Educational Foundation Of Delaware?

Sean Sokolowski Mba is the Board Member of Vocational Technical Educational Foundation Of Delaware.

What is the revenue of Vocational Technical Educational Foundation Of Delaware?

Vocational Technical Educational Foundation Of Delaware's revenue in 2022 was $158,981.

Who are the executives of Vocational Technical Educational Foundation Of Delaware and what are their salaries?


Here are 7 key members and their salaries:


Joseph Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amelia Hodges (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Sokolowski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Hatfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Carsoe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Macky Trabaudo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Vocational Technical Educational Foundation Of Delaware?

Vocational Technical Educational Foundation Of Delaware's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Vocational Technical Educational Foundation Of Delaware

The Vocational Technical Educational Foundation of Delaware, as a dedicated educational organization, is committed to promoting vocational education within the state of Delaware. This foundation serves a vital role by providing programmatic support to the three vocational school districts in the region. Their primary mission is to encourage students in these districts to achieve their full potential and succeed in their chosen vocational paths. They achieve this goal by offering individual and community support, aiming to foster an environment that nurtures growth and success.

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Impact




October, 2024

The Vocational Technical Educational Foundation of Delaware plays a crucial role in enhancing vocational education across the state. By providing programmatic support to the three vocational school districts, it encourages students to achieve their potential and succeed in their chosen career paths. The foundation works diligently to promote vocational education, ensuring that students have access to the resources and community support needed for their development. This impact is reflected in the increased opportunities for students to gain practical skills, which are essential for entering the workforce and contributing to the local economy. Through its initiatives, the foundation helps to create a skilled workforce that meets the demands of various industries in Delaware, fostering both individual growth and community advancement.




This information is meant to be a general summary of Vocational Technical Educational Foundation Of Delaware. 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
$158,981 (2022)
Expenses
$86,654 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27,387
  • Gross Receipts: $158,981

Assets and Liabilities:

  • Total Assets: $1,066,367
  • Total Liabilities: $0
  • Net Assets: $1,066,367

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Organization Details

Founding Year

1992

Principal Officer

Sean Sokolowski Mba

Main Address

1417 NEWPORT ROAD, WILMINGTON, DE, 19804

NTEE Category

Code: B80 - Education

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