University High School Foundation Inc

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

EIN: 550696541 ✦ Morgantown, WV ✦ Designated as a 501(c)(3)

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Overview

What is University High School Foundation Inc?

University High School Foundation Inc is a nonprofit organization situated in Morgantown, West Virginia. With an address at 131 Bakers Ridge Road, their primary goal is to foster resources for bolstering educational programs and activities at University High School. By developing these resources, they aim to contribute positively to the academic growth and activities within the school community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 50%, One-Star out of Four Star rating.

The University High School Foundation Inc has received a low rating due to significant weaknesses in governance and financial accountability. Key issues include a lack of independent board members and missing crucial policies such as conflict of interest, whistleblower, and document retention. While it performs well in managing program expenses, its overall accountability score drastically impacts its rating.

One notable strength is the absence of material diversion of assets, indicating that funds are being utilized for intended purposes. Additionally, the foundation shows a strong program expense ratio, which suggests that all expenditures are directed toward its programs. However, the lack of transparency with missing website documentation and board meeting minutes raises concerns about its governance practices.

Overall, while the foundation is dedicated to its mission, the absence of essential accountability measures and independent oversight could hinder its effectiveness and trustworthiness. Stakeholders may want to consider these limitations when assessing the foundation’s impact and overall operations.


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

Is University High School Foundation Inc legitimate?

University High School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University High School 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 University High School Foundation Inc?

The University High School Foundation Inc's mission is centered around developing resources to aid and enhance academic programs and educational activities at University High School. This mission is carried out with the aim of fostering a conducive learning environment and providing students with enriching educational experiences. The foundation's primary goal is to contribute to the school's overall educational development. It accomplishes this by providing necessary resources and supporting various educational activities, thereby enriching the learning experience for the students.

Who is the CEO of University High School Foundation Inc?

Richard Colebank is the President of University High School Foundation Inc.

What is the revenue of University High School Foundation Inc?

University High School Foundation Inc's revenue in 2022 was $1,688.

Who are the executives of University High School Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Richard Colebank (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Gunnells (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for University High School Foundation Inc?

University High School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of University High School Foundation Inc

University High School Foundation Inc, as a nonprofit organization, is dedicated to the mission of accumulating resources to bolster the educational endeavors and curricular activities at University High School. Their primary goal is to contribute to the academic growth and development of the students attending this institution, ensuring a well-rounded educational experience. By providing support for various programs and activities, University High School Foundation Inc aims to enhance the learning environment and foster the success of its students.

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Impact




August, 2024

University High School Foundation Inc's impact is felt directly in the academic programs and educational activities at University High School in Morgantown, WV. The foundation plays a crucial role in developing resources to support these programs, ensuring that students have access to quality education and opportunities for growth. By providing this support, the foundation contributes to the overall success and development of the students and the school as a whole.




This information is meant to be a general summary of University High School 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
$1,688 (2022)
Expenses
$7,126 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,213
  • Gross Receipts: $1,688

Assets and Liabilities:

  • Total Assets: $128,678
  • Total Liabilities: $0
  • Net Assets: $128,678

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Organization Details

Principal Officer

Richard Colebank

Main Address

131 Bakers Ridge Road, Morgantown, WV, 26508

NTEE Category

Code: B84 - Education

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