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Foundation For Educational & Developmental Opportunity Morrison School

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

EIN: 541053329 ✦ Bristol, VA ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Educational & Developmental Opportunity Morrison School?

The Foundation For Educational & Developmental Opportunity Morrison School is a nonprofit institution situated in Bristol, Virginia, specifically at 400 Edgewood Lane. Their primary mission is to offer specialized educational opportunities and tests to students struggling with learning disabilities. This initiative aids these students in rejoining and excelling in the public educational system. Throughout the year, the school provides tailored educational programs and assessments to help these students regain their footing in the mainstream educational environment. With a dedicated workforce of 23 individuals, the Foundation is committed to empowering students with learning disabilities to succeed academically.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

The Foundation For Educational & Developmental Opportunity Morrison School has received an 86% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization demonstrates strong governance with 92% of its board members being independent, and it achieves a high program expense ratio of 91.31%, meaning a significant portion of its funds directly support its programs.

However, the organization has some areas for improvement, notably the absence of a whistleblower policy and a document retention and destruction policy, which both received a score of zero. While the charity has robust financial oversight and management practices, these missing policies could impact its overall governance and transparency.

Overall, the Foundation For Educational & Developmental Opportunity Morrison School shows a commitment to its mission but may benefit from bolstering its governance policies to enhance its accountability and operational integrity further.


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

Is Foundation For Educational & Developmental Opportunity Morrison School legitimate?

Foundation For Educational & Developmental Opportunity Morrison School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Educational & Developmental Opportunity Morrison School 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: $101,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $573,563

For more financial information, click here

What is the mission statement of Foundation For Educational & Developmental Opportunity Morrison School?

The Foundation for Educational & Developmental Opportunity Morrison School's mission involves providing specialized educational opportunities and tests to students with learning disabilities. This is aimed at helping these students return to and excel in public educational systems. The school's activities are geared towards enhancing the academic performance of these students, enabling them to integrate successfully back into the mainstream educational system.

Who is the CEO of Foundation For Educational & Developmental Opportunity Morrison School?

Jami L Verderosa is the Director of Foundation For Educational & Developmental Opportunity Morrison School.

What is the revenue of Foundation For Educational & Developmental Opportunity Morrison School?

Foundation For Educational & Developmental Opportunity Morrison School's revenue in 2023 was $1,520,982.

Who are the executives of Foundation For Educational & Developmental Opportunity Morrison School and what are their salaries?

The average compensation at Foundation For Educational & Developmental Opportunity Morrison School during 2023 was $29,344. There are 23 employees at Foundation For Educational & Developmental Opportunity Morrison School.


Here are 14 key members and their salaries:


Barabara Street (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Arrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Blevins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Thomas (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Dorety (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freddy Sullivan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Mcmillin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Melgar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Cook (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jami Verderosa (Head Of School)
  • Compensation: $101,345
  • Related: $0
  • Other: $0
Sherry Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Stanton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Stanley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Foundation For Educational & Developmental Opportunity Morrison School?

Foundation For Educational & Developmental Opportunity Morrison School's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Foundation For Educational & Developmental Opportunity Morrison School

The Foundation for Educational & Developmental Opportunity Morrison School is dedicated to providing specialized educational opportunities and tests for students with learning disabilities. This mission aims to help these students return to and perform effectively in public educational systems. Through its activities, the foundation offers an environment that caters to the unique needs of these learners, striving to empower them with the necessary skills to succeed in the mainstream educational setting.

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Impact




July, 2024

Foundation For Educational & Developmental Opportunity Morrison School's impact lies in providing specialized educational opportunities and tests to students with learning disabilities in order to help them return to and perform well in public educational systems. Through their work in Bristol, VA, the school helps students with learning disabilities overcome educational challenges and succeed in mainstream educational environments. The organization plays a crucial role in supporting these students and enabling them to reach their full potential.




This information is meant to be a general summary of Foundation For Educational & Developmental Opportunity Morrison School. 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
$1,520,982 (2023)
Expenses
$1,129,771 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $71,556
  • Program Service Revenue: $688,481
  • Gross Receipts: $1,520,982

Assets and Liabilities:

  • Total Assets: $5,610,414
  • Total Liabilities: $254,115
  • Net Assets: $5,356,299

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$688,481

Organization Details

Founding Year

2008

Principal Officer

Jami L Verderosa

Main Address

400 EDGEWOOD LANE, BRISTOL, VA, 24201

NTEE Category

Code: B280 - Education

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