Overview
What is Morgantown High School Foundation Inc?
Morgantown High School Foundation Inc is a nonprofit organization based in Morgantown, West Virginia, with a postal address at PO Box 1431. The primary objective of this foundation is to support scientific, educational, and charitable causes that directly benefit Morgantown High School (MHS). Through grants and contributions, they aim to improve educational opportunities for both students and faculty. These funds are allocated to various entities, including students, faculty, staff, educational departments, and MHS itself. The foundation's initiatives span a wide range of areas, such as faculty professional development, conferences, leadership programs, and providing resources for subjects like English, forensics, and science. In essence, the Morgantown High School Foundation Inc serves to enrich and strengthen the educational environment at MHS.
Official website here: www.facebook.com/morgantown.high.school.found
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Morgantown High School Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This score is primarily based on the nonprofit's accountability and financial practices. The foundation exhibits strong oversight, as evidenced by its structure with a fully independent board and a high program expense ratio, indicating that a significant portion of its funding is directed towards its educational programs.
Strengths of the organization include a perfect score in several categories related to financial health, such as liabilities to assets and program expenses, which suggest effective fund management. However, the foundation falls short in governance, specifically lacking policies related to conflicts of interest, whistleblower protections, and document retention. This absence indicates areas for potential improvement in transparency and accountability.
Despite these limitations, the foundation's overall commitment to its mission is clear, and its fiscal responsibility is evident in its high percentage of program expenses. With improvements in governance policies, the foundation could enhance its rating and build greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Morgantown High School Foundation Inc legitimate?
Morgantown High School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morgantown 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:
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Official website here: www.facebook.com/morgantown.high.school.found
What is the mission statement of Morgantown High School Foundation Inc?
The Morgantown High School Foundation Inc's mission is centered around receiving and managing funds for charitable purposes directly related to Morgantown High School in West Virginia. The primary objective is to enhance educational opportunities for students and faculty at the school. This is achieved through grant and contribution distribution to Morgantown High School, as well as separate educational departments or divisions, or individual students and faculty members within the school. In essence, the foundation's role is to support and foster education at Morgantown High School, contributing to its overall development and success.
Official website here: www.facebook.com/morgantown.high.school.found
Who is the CEO of Morgantown High School Foundation Inc?
Mark J Nesselroad is the President/Director of Morgantown High School Foundation Inc.
Official website here: www.facebook.com/morgantown.high.school.found
What is the revenue of Morgantown High School Foundation Inc?
Morgantown High School Foundation Inc's revenue in 2022 was $72,568.
Official website here: www.facebook.com/morgantown.high.school.found
Who are the executives of Morgantown High School Foundation Inc and what are their salaries?
There 14 volunteers at Morgantown High School Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.facebook.com/morgantown.high.school.found
Where can I find the form 990 for Morgantown High School Foundation Inc?
Morgantown High School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.facebook.com/morgantown.high.school.found
Learn more at the official website: www.facebook.com/morgantown.high.school.found
Mission Statement of Morgantown High School Foundation Inc
Morgantown High School Foundation Inc, as per its mission statement, is established to serve a dual purpose. Firstly, it aims to receive and manage contributions in the form of money, securities, or any other valuable assets. These contributions are intended for scientific, educational, and charitable purposes that are directly related to Morgantown High School in West Virginia.
Secondly, the foundation is dedicated to fostering and enhancing educational opportunities for students and faculty at Morgantown High School. It accomplishes this by providing grants and contributions to the school, as well as to separate and distinct educational departments or divisions within the school. Furthermore, the foundation extends its support to individual students and faculty members at Morgantown High School.
In essence, Morgantown High School Foundation Inc is an organization that seeks to strengthen the educational environment at Morgantown High School by leveraging financial contributions and offering support to students and faculty, thereby enhancing the overall educational experience.
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Impact
August, 2024
Morgantown High School Foundation Inc has a direct impact on fostering and enhancing educational opportunities for Morgantown High School students and faculty. Through grants for scientific, educational, and charitable purposes, the foundation supports a variety of initiatives such as faculty professional development, student programs like Rhododendron Girls State, and the acquisition of equipment and resources for educational departments. By providing funding for a range of educational needs, the foundation plays a significant role in enriching the academic experience and opportunities available to the Morgantown High School community.
This information is meant to be a general summary of Morgantown 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,506
- Gross Receipts: $80,179
Assets and Liabilities:
- Total Assets: $289,931
- Total Liabilities: $0
- Net Assets: $289,931
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Organization Details
Founding Year
1996
Phone
(304) 413-0497Principal Officer
Mark J Nesselroad
Main Address
PO BOX 1431, MORGANTOWN, WV, 265071431
NTEE Category
Code: T20 - Philanthropy
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