The Rural Education Foundation

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

EIN: 541673028 ✦ Farmville, VA ✦ Designated as a 501(c)(3)

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Overview

What is The Rural Education Foundation?

The Rural Education Foundation is a nonprofit organization situated in Farmville, Virginia. It operates an accredited private school, with its income tied to the educational programs provided by the institution. The primary objective of this foundation is to establish a secure and nurturing learning environment that encourages the blossoming of limitless individual potential. The Rural Education Foundation is committed to this mission, serving its students with dedication and a focus on their overall growth. With a workforce of 135 individuals, it aims to contribute positively to the educational landscape in the rural community.


Official website here: www.fuquaschool.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Rural Education Foundation has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization earned a perfect score in all evaluated areas, indicating robust governance practices and financial health. This high rating signifies that donors can trust the foundation to manage their contributions effectively while prioritizing programmatic expenditures.

With a program expense ratio of 78.76%, The Rural Education Foundation demonstrates a clear focus on delivering impactful educational initiatives. The foundation's independent board, composed entirely of 15 members, ensures diverse perspectives and effective oversight of organizational activities. Additionally, the presence of comprehensive policies related to conflict of interest and whistleblower protections showcases its commitment to ethical practices.

No significant limitations were noted in the data, further underscoring the foundation's sound operational practices. Overall, The Rural Education Foundation exemplifies a well-managed nonprofit with a strong focus on its mission to enhance rural education.


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

Is The Rural Education Foundation legitimate?

The Rural Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rural Education 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: $147,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,019,519

For more financial information, click here


Official website here: www.fuquaschool.com

What is the mission statement of The Rural Education Foundation?

The Rural Education Foundation's mission is centered around establishing a secure and nurturing learning environment. This environment aims to foster the growth of unlimited individual potential in its students. The foundation achieves this by operating an accredited private school, where the income generated is directly linked to the educational program offered by the institution.


Official website here: www.fuquaschool.com

What is the revenue of The Rural Education Foundation?

The Rural Education Foundation's revenue in 2024 was $4,413,359.


Official website here: www.fuquaschool.com

Who are the executives of The Rural Education Foundation and what are their salaries?

The average compensation at The Rural Education Foundation during 2024 was $15,817. There are 137 employees and 25 volunteers at The Rural Education Foundation.

Here are 15 key members and their salaries:


Joyce Eggleston (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Adaniel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Aldrich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Andrews (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Atkinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Easter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gantt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Hodges (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Moss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Seiler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Shank (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anabelle Thurston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Vancleave (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Vitale (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Reynolds (Head Of Scho)
  • Compensation: $147,365
  • Related: $0
  • Other: $0


Official website here: www.fuquaschool.com

Where can I find the form 990 for The Rural Education Foundation?

The Rural Education Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.fuquaschool.com

Learn more at the official website: www.fuquaschool.com

Mission Statement of The Rural Education Foundation

The Rural Education Foundation, as a nonprofit organization, is dedicated to establishing a secure and nurturing educational setting that encourages the blossoming of unlimited individual potential. Their mission lies in creating an environment that fosters growth and development, ensuring every student has the opportunity to reach their fullest potential. The foundation achieves this by operating an accredited private school, where the income generated is directly connected to the educational program provided by the establishment.

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Impact




July, 2024

The Rural Education Foundation's impact is evident in the creation of a safe and supportive learning environment that nurtures and develops boundless individual potential. Through its accredited private school in Farmville, VA, the foundation provides educational opportunities that empower students to reach their full capabilities. By focusing on education, the Rural Education Foundation plays a vital role in shaping the future of its students and the community at large.




This information is meant to be a general summary of The Rural Education 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
$4,413,359 (2024)
Expenses
$3,997,191 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $213,119
  • Program Service Revenue: $2,573,198
  • Gross Receipts: $6,385,840

Assets and Liabilities:

  • Total Assets: $9,486,222
  • Total Liabilities: $2,236,845
  • Net Assets: $7,249,377

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Programs

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

TUITION AND FEES

Revenue

$1,925,488

FOOD SERVICE

Revenue

$394,997

SPECIAL PROGRAMS & ACTIVITIES

Revenue

$144,579

TRANSPORTATION

Revenue

$61,882

REGISTRATION & APPLICATION FE

Revenue

$46,252

Organization Details

Founding Year

1993

Principal Officer

Paul Reynolds

NTEE Category

Code: B90 - Education

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