Overview
What is The Foundation For Education Inc?
The Foundation for Education Inc, based in an undisclosed location, is a nonprofit organization primarily focused on supporting the operational activities of a charter school.Specifically, it collaborates with Lincoln Charter School to offer educational facilities for children residing in the community. By doing so, this organization contributes to the local educational landscape, ensuring access to quality education for its youth. The Foundation for Education Inc plays an essential role in the community, furthering the cause of education and promoting the growth of its young residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning a Two-Star out of Four Star rating.
The Foundation For Education Inc has received a Two-Star rating from Charity Navigator, indicating some strengths in governance and financial management, but also notable weaknesses that impact its overall accountability and transparency. The organization boasts a fully independent board and high scores in areas such as financial oversight and program expenses, reflecting a commitment to its educational mission.
However, the charity has several significant limitations, particularly in its adherence to best practices for transparency. The absence of a whistleblower policy, document retention policy, and the lack of a posted tax form on the nonprofit's website raise concerns about accountability and the organization's commitment to maintaining best practices in governance. Additionally, the high liabilities-to-assets ratio suggests potential financial risks that may affect sustainability.
Overall, while The Foundation For Education Inc demonstrates effective programming and solid financial oversight, it must address its governance gaps to enhance transparency and build confidence among stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation For Education Inc legitimate?
The Foundation For Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Education 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Foundation For Education Inc?
The Foundation For Education Inc's mission is centered around supporting the operations of a charter school. Specifically, it provides a facility for the educational needs of children within the community, overseen by Lincoln Charter School. The organization's primary objective is to contribute to the educational growth of these children, ensuring they have access to quality learning opportunities.
Who is the CEO of The Foundation For Education Inc?
Cara Dowling is the President of The Foundation For Education Inc.
What is the revenue of The Foundation For Education Inc?
The Foundation For Education Inc's revenue in 2022 was $1,920,438.
Who are the executives of The Foundation For Education Inc and what are their salaries?
There 4 volunteers at The Foundation For Education Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Foundation For Education Inc?
The Foundation For Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Foundation For Education Inc
The Foundation for Education is dedicated to supporting the operations of a charter school, facilitating the education of children in the community. Their mission is twofold: firstly, they provide the necessary infrastructure for the charter school, Lincoln Charter School, to operate effectively. Secondly, they are committed to the overall education of the children in the community, serving as a vital facilitator in their learning journey. The Foundation for Education's role is crucial in ensuring that the charter school can provide a high-quality education to its students, thereby contributing positively to the community's future.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Foundation For Education Inc has a significant impact on the education sector by supporting the operations of a charter school and providing a facility for the education of children in the community. Their efforts contribute to ensuring that students have access to quality education and opportunities for academic success.
This information is meant to be a general summary of The Foundation For Education 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 2022.
- Program Service Revenue: $1,734,895
- Gross Receipts: $1,920,438
Assets and Liabilities:
- Total Assets: $37,928,582
- Total Liabilities: $33,528,741
- Net Assets: $4,399,841
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Real Estate lease
Revenue
$1,734,895
Organization Details
Founding Year
2006
Phone
(704) 483-6611Principal Officer
Cara Dowling
Main Address
7834 Galway Lane, Denver, NC, 28037
NTEE Category
Code: B112 - Education
If you are a representative of The Foundation For Education Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.