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Somerset Es Educational Foundation

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

EIN: 521870978 ✦ Bethesda, MD ✦ Designated as a 501(c)(3)

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Overview

What is Somerset Es Educational Foundation?

The Somerset Es Educational Foundation is a dedicated nonprofit organization situated in Bethesda, Maryland. Its primary mission is to enhance the learning experience at Somerset Elementary School. To achieve this, the foundation supports various educational initiatives, including after-school academic clubs focusing on math, reading, and writing, providing bus service for these clubs. They also invest in technology, such as mobile laptops, to enhance classroom learning, fund teacher training, and purchase books for both students and teachers. Additionally, the foundation works on renovating playing fields, upgrading computer systems and software, and providing funds for classroom libraries to support the school's educational goals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

The Somerset Es Educational Foundation has received a two-star rating from Charity Navigator, indicating the organization needs improvement. While it excels in accountability and finance with a perfect score of 100%, there are significant gaps in transparency and governance disclosures. Key policies, such as conflict of interest and whistleblower policies, are missing, which raises concerns about the organization's commitment to best practices in nonprofit management.

Strengths include a solid program expense ratio of 92.35%, showing that a substantial portion of its funds is directed toward its educational mission. Additionally, the organization benefits from a fully independent board, scoring 10 out of 10 in both independent board members and board size, which is a positive indicator for governance. However, the lack of transparency in tax form disclosures and absence of essential policies could hinder trust and accountability within the community.

Overall, while Somerset Es Educational Foundation demonstrates strong financial management and governance structure, its shortcomings in transparency and policy implementation suggest areas for improvement. Addressing these gaps could enhance trust among stakeholders and potentially improve its rating in the future.


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

Is Somerset Es Educational Foundation legitimate?

Somerset Es Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somerset Es Educational 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.


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 Somerset Es Educational Foundation?

The Somerset Educational Foundation's mission is centered around improving the Somerset Elementary School. This is achieved through various initiatives, such as renovating playing fields, upgrading computers and software, and providing funds for classroom libraries. Additionally, the foundation supports educational goals by offering after-school academic clubs, purchasing mobile laptops and technology to enhance learning, providing teacher training, and buying books for students and teachers. The ultimate aim is to contribute to academic excellence in the school.

Who is the CEO of Somerset Es Educational Foundation?

Frank Mccormick is the Secretary of Somerset Es Educational Foundation.

What is the revenue of Somerset Es Educational Foundation?

Somerset Es Educational Foundation's revenue in 2022 was $42,988.

Who are the executives of Somerset Es Educational Foundation and what are their salaries?


Here are 14 key members and their salaries:


Sarah Braughler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colby Carrier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Fenzel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Van Horne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sloane Hurst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Kepniss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Marks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Mccormick (President&Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Mistrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Shewmaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Zaft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Somerset Es Educational Foundation?

Somerset Es Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Somerset Es Educational Foundation

The Somerset ES Educational Foundation is dedicated to enhancing the Somerset Elementary School by undertaking various initiatives. Its primary objective involves renovating playing fields, upgrading computers and software, and providing financial support for classroom libraries, all aimed at fostering a conducive learning environment. Beyond these physical improvements, the foundation also supports educational goals by funding after-school academic clubs that focus on enhancing skills in math, reading, and writing. These clubs often include bus services to ensure maximum participation.

Moreover, the Somerset ES Educational Foundation invests in technology to bolster learning experiences within the classroom. This includes the purchase of mobile laptops and other electronic devices to facilitate digital learning. Furthermore, the foundation provides additional teacher training to equip educators with the latest teaching methods and techniques. Lastly, the foundation extends its support to both students and teachers by procuring books, ensuring that everyone has access to quality literature for educational purposes.

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Impact




August, 2024

Somerset Elementary School Educational Foundation is dedicated to enhancing the academic excellence of Somerset Elementary School through various initiatives. These include supporting after-school academic clubs for additional instruction in math, reading, and writing, providing technology such as mobile laptops for classroom learning, offering additional teacher training, and purchasing books for both students and teachers. The foundation's efforts have significantly contributed to the improvement of educational outcomes at Somerset Elementary School by providing resources and support that enhance the overall learning experience for students and faculty.




This information is meant to be a general summary of Somerset Es Educational 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.

Revenue
$42,988 (2022)
Expenses
$36,380 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $137
  • Gross Receipts: $46,952

Assets and Liabilities:

  • Total Assets: $165,729
  • Total Liabilities: $0
  • Net Assets: $165,729

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Organization Details

Principal Officer

Frank Mccormick

Main Address

PO BOX 30764, BETHESDA, MD, 20824

NTEE Category

Code: B80Z - Education

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