Overview
What is Bertie Educational Foundation Inc?
Bertie Educational Foundation Inc, located in Merry Hill, North Carolina, is a nonprofit organization primarily focused on academic programs. Serving approximately 208 students from kindergarten through 12th grade, the foundation's mission is to offer them exceptional educational experiences. By providing top-notch teachers and coaches, the organization aims to offer students ample opportunities and challenges to thrive in their learning journey.
Official website here: www.lawrenceacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Bertie Educational Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 73%. This rating indicates that while the organization has some strengths, there are significant areas that require improvement. Notably, the foundation boasts a fully independent board, ensuring accountability and governance, but lacks crucial financial transparency, as evidenced by the absence of financial statements.
In terms of organizational strengths, the foundation has a high program expense ratio of 71.09%, indicating that a significant portion of its resources is allocated towards its programs. Additionally, the foundation has demonstrated good practices in governance with no material diversion of assets and maintained documented board meeting minutes. However, the lack of a whistleblower policy and missing documentation for document retention and destruction policies point to potential gaps in organizational policy and transparency.
Despite these strengths, the foundation's failure to post financial statements on its website and the absence of key governance policies reflect a need for improvement in its accountability practices. Addressing these concerns could enhance the foundation's transparency and overall rating in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Bertie Educational Foundation Inc legitimate?
Bertie Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bertie Educational 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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Other Salaries and Wages: $776,373
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Official website here: www.lawrenceacademy.org
What is the mission statement of Bertie Educational Foundation Inc?
The Bertie Educational Foundation Inc, through its flagship institution, Lawrence Academy, is committed to offering top-notch educators and coaches to its students. This is done with the aim of providing them with ample opportunities and challenges to fully optimize their educational journey. The foundation focuses on academic programs, catering to students from kindergarten to 12th grade, with approximately 208 students. This institution's mission is essentially about fostering an environment that empowers students to reach their full academic potential.
Official website here: www.lawrenceacademy.org
Who is the CEO of Bertie Educational Foundation Inc?
Jon Powell is the Chair of Bertie Educational Foundation Inc.
Official website here: www.lawrenceacademy.org
What is the revenue of Bertie Educational Foundation Inc?
Bertie Educational Foundation Inc's revenue in 2023 was $1,970,077.
Official website here: www.lawrenceacademy.org
Who are the executives of Bertie Educational Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.lawrenceacademy.org
Where can I find the form 990 for Bertie Educational Foundation Inc?
Bertie Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lawrenceacademy.org
Learn more at the official website: www.lawrenceacademy.org
Mission Statement of Bertie Educational Foundation Inc
Bertie Educational Foundation Inc, through Lawrence Academy, is dedicated to providing exceptional teachers and coaches to its students. The foundation's mission is to offer students a multitude of opportunities and challenges, enabling them to fully optimize their educational experience. By providing top-notch educators and mentors, Bertie Educational Foundation Inc aims to foster an environment where students can grow intellectually and personally. This mission is tailored towards students in kindergarten through 12th grade, catering to approximately 208 students.
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Impact
July, 2024
Bertie Educational Foundation Inc, operating as Lawrence Academy, is making a significant impact by providing high-quality academic programs for kindergarten through 12th grade students in Merry Hill, NC. Through their commitment to offering excellent teachers and coaches, the foundation is creating opportunities for approximately 208 students to maximize their educational experiences. This impactful work aligns with their mission to empower students with the resources and challenges needed to excel academically.
This information is meant to be a general summary of Bertie Educational 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 2023.
- Investment Income: $389
- Program Service Revenue: $1,780,209
- Gross Receipts: $1,970,077
Assets and Liabilities:
- Total Assets: $1,406,525
- Total Liabilities: $409,650
- Net Assets: $996,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$1,344,197
Lunchroom Income
Revenue
$142,569
Curriculum
Revenue
$101,753
Enrollment Income
Revenue
$67,156
Finance Charges
Revenue
$53
Organization Details
Founding Year
1968
Phone
(252) 482-4748Principal Officer
Jon Powell
Main Address
PO Box 70, Merry Hill, NC, 279570070
Website
www.lawrenceacademy.orgNTEE Category
Code: B24Z - Education
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