Overview
What is Lyford Cay School Foundation?
The Lyford Cay School Foundation is a nonprofit organization situated in Princeton, New Jersey, with a specific focus on offering financial and resourceful aid to the Lyford Cay School located in The Bahamas. This school provides education from Nursery to Grade 12, accommodating a student body of 372 individuals. The foundation's mission is to support educational institutions worldwide, including those in the United States, with curriculums ranging from PreK to Grade 12, by providing essential staff and financial assistance to ensure academic growth and success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating. The Lyford Cay School Foundation has received a solid score of 79%, indicating a fair level of accountability and financial health. This rating is derived entirely from Accountability & Finance metrics, which highlights the organization's commitment to transparency and responsible financial practices.
The foundation excels in several areas, particularly with 100% of its board members being independent, which ensures impartial decision-making. Additionally, the organization has high marks for its conflict of interest policy, whistleblower policy, and documented board meeting minutes. With a program expense ratio of 92.78%, a significant portion of its funding is directed towards its programs, demonstrating a strong focus on mission-related activities.
However, while the score is commendable, it reflects a reliance on a single beacon score, which may limit a comprehensive assessment of the foundation's overall impact. Nonetheless, the absence of material diversion of assets and a low liabilities to assets ratio suggests a stable financial position. Overall, the foundation demonstrates good practices in governance and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Lyford Cay School Foundation legitimate?
Lyford Cay School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyford Cay School Foundation 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 Lyford Cay School Foundation?
The Lyford Cay School Foundation's mission is centered around providing support, both financially and otherwise, to educational institutions that follow a curriculum from Pre-K to Grade 12. This support can extend to institutions located within the United States as well as abroad. The primary focus of the foundation is to contribute to the advancement of education at a specific school located in The Bahamas, referred to as Lyford Cay School. This institution caters to students from Nursery to Grade 12, with approximately 3722 students currently enrolled. The foundation aids this school by providing essential resources such as staff and materials, contributing to the overall development and education of its students.
Who is the CEO of Lyford Cay School Foundation?
Bryan Glinton is the President of Lyford Cay School Foundation.
What is the revenue of Lyford Cay School Foundation?
Lyford Cay School Foundation's revenue in 2023 was $1,141,065.
Who are the executives of Lyford Cay School Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Lyford Cay School Foundation?
Lyford Cay School Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lyford Cay School Foundation
The Lyford Cay School Foundation is committed to supporting educational institutions that offer curriculum from PreK to Grade 12, both in the United States and abroad. Their primary mission is to provide essential resources, including staff and financial aid, to further the educational pursuits at the Lyford Cay School located in The Bahamas. This esteemed institution caters to students from Nursery to Grade 12, currently boasting an enrollment of approximately 3722 students. The Foundation's role in this endeavor is instrumental in ensuring the school's continued success and the growth of its students.
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Impact
July, 2024
Lyford Cay School Foundation's impact is significant as it provides essential financial assistance and support to educational institutions, specifically focusing on the Lyford Cay School in The Bahamas. By assisting with staff, materials, and other resources, the foundation directly contributes to the enhancement of the educational experience for approximately 372 students from Nursery to Grade 12. This support plays a crucial role in helping the school fulfill its mission of providing quality education and enriching the learning environment for students in the Bahamas.
This information is meant to be a general summary of Lyford Cay School Foundation. 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: $405,142
- Program Service Revenue: $319,162
- Gross Receipts: $1,141,065
Assets and Liabilities:
- Total Assets: $4,899,846
- Total Liabilities: $98,785
- Net Assets: $4,801,061
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
School Programs
Revenue
$319,162
Organization Details
Founding Year
2004
Phone
(609) 452-0990Principal Officer
Bryan Glinton
Main Address
PO Box 5910, Princeton, NJ, 085435910
NTEE Category
Code: B11 - Education
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