Stafford County Vocational Educatio Foundation Inc

Stafford County Vocational Edu

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

EIN: 541516883 ✦ Fredericksburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Stafford County Vocational Educatio Foundation Inc?

Stafford County Vocational Education Foundation Inc, located at 63 Stafford Indians Lane, Fredericksburg, VA 22405, is a nonprofit organization dedicated to offering practical and meaningful vocational education to students from Stafford County. They achieve this by providing hands-on experience in various phases of home construction, as well as an opportunity for students to work on used vehicles. This hands-on approach aims to equip students with essential skills, contributing to their personal growth and future career prospects.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating.

The Stafford County Vocational Education Foundation Inc has received a solid rating of 80%, indicating a commendable level of accountability and finance management. The score reflects a focus solely on accountability and finance metrics, showcasing the organization's commitment to transparency and responsible stewardship of its resources.

Notable strengths include a fully independent board, with all ten members meeting the criteria for independence, which ensures impartiality in decision-making. The organization also demonstrates a strong financial structure with a 0.00% liabilities to assets ratio, indicating no outstanding debts, and an impressive program expense ratio of 100.00%, signifying that all funds are directed towards its programs and services.

Despite these strengths, the rating is based solely on financial metrics, and there may be limitations in assessing other aspects of the organization such as program effectiveness or community impact, which are not reflected in this score. Overall, the Stafford County Vocational Education Foundation Inc appears to be well-managed financially, making it a reliable choice for potential donors.


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

Is Stafford County Vocational Educatio Foundation Inc legitimate?

Stafford County Vocational Educatio Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stafford County Vocational Educatio Foundation 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 Stafford County Vocational Educatio Foundation Inc?

The Stafford County Vocational Education Foundation Inc's mission is to offer practical and meaningful vocational education to its students. This is achieved by providing hands-on experience in various phases of home construction and also offering an opportunity for students to work on used vehicles. The foundation aims to equip students with practical skills that can be valuable in their future careers. By engaging in home construction projects, students gain a comprehensive understanding of the process, from the initial stages to the completion of a house. Additionally, working on used vehicles provides students with valuable experience in automotive maintenance and repair. The foundation's activities are designed to prepare students for the real world, equipping them with the skills necessary to succeed in their chosen fields.

Who is the CEO of Stafford County Vocational Educatio Foundation Inc?

William Thornton is the President of Stafford County Vocational Educatio Foundation Inc.

What is the revenue of Stafford County Vocational Educatio Foundation Inc?

Stafford County Vocational Educatio Foundation Inc's revenue in 2022 was $42,211.

Who are the executives of Stafford County Vocational Educatio Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Shirley C Bunch (Treasurer, A)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Harding (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Prowett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Thornton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dinah Robinson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Stafford County Vocational Educatio Foundation Inc?

Stafford County Vocational Educatio Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Stafford County Vocational Educatio Foundation Inc

The Stafford County Vocational Education Foundation Inc is dedicated to offering a practical and meaningful vocational education to students within Stafford County. They achieve this by providing hands-on experience in various phases of home construction, allowing students to actively participate in the building process of a house. Moreover, the foundation offers an opportunity for students to work on used vehicles, offering a diverse range of vocational skills. This approach to education aims to equip students with practical, real-world skills that can be beneficial for their future careers.

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Impact




August, 2024

Stafford County Vocational Education Foundation Inc's impact lies in providing Stafford County students with practical and meaningful vocational education opportunities. By offering hands-on experience in all phases of home construction and the chance to work on used vehicles, the foundation equips students with valuable skills that can lead to successful careers in these fields. Through their focus on education and experiential learning, Stafford County Vocational Education Foundation Inc plays a crucial role in preparing the next generation of skilled workers in the construction and automotive industries.




This information is meant to be a general summary of Stafford County Vocational Educatio Foundation 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.

Revenue
$42,211 (2022)
Expenses
$18,333 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $392
  • Program Service Revenue: $5,978
  • Gross Receipts: $42,211

Assets and Liabilities:

  • Total Assets: $662,561
  • Total Liabilities: $0
  • Net Assets: $662,561

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Programs

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

AUTOMOBILE SALES

Revenue

$5,350

FRUIT SALES

Revenue

$628

Organization Details

Founding Year

1990

Principal Officer

William Thornton

Main Address

63 STAFFORD INDIANS LANE, FREDERICKSBURG, VA, 22405

NTEE Category

Code: B82 - Education

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