Overview
What is Hertford Co Ed Foundation Inc?
Hertford Co Ed Foundation Inc, located in Ahoskie, North Carolina (NC 27910), is a dedicated nonprofit organization with a mission to nurture the holistic development of its students. Serving approximately 275 students from pre-K through 12th grade, the foundation operates an accredited primary school. Its curriculum is designed to challenge students academically, while also promoting social, physical, aesthetic, and moral growth. This is achieved through community service initiatives, athletics programs, fine arts activities, and a strong emphasis on character development. The organization currently employs 65 individuals, dedicated to their cause.
Official website here: www.ridgecroft.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Hertford Co Ed Foundation Inc has received a two-star rating from Charity Navigator, indicating that there are areas needing significant improvement. With an overall score of 73%, the organization demonstrates strengths in governance, evidenced by an independent board and effective policies for conflict of interest and material diversion of assets. However, the lack of transparency in financial reporting is a notable concern, as reflected in a score of 0 out of 15 for financial statements.
Financial health appears reasonable with a low liabilities to assets ratio of 3.97% and a strong program expense ratio of 80.81%, suggesting that most funds are directed towards its programs. While these financial metrics are favorable, the absence of essential documents and policies, such as a whistleblower policy and proper financial disclosures on its website, raises red flags about its accountability and practices.
The organization's commitment to maintaining an independent board is commendable, but the significant gaps in financial transparency and governance policies may hinder its overall effectiveness and trust among stakeholders. Addressing these issues will be crucial for improving its rating and enhancing donor confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Hertford Co Ed Foundation Inc legitimate?
Hertford Co Ed Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hertford Co Ed 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: $1,401,541
For more financial information, click here
Official website here: www.ridgecroft.org
What is the mission statement of Hertford Co Ed Foundation Inc?
The Hertford Co Ed Foundation Inc's mission is centered around the holistic development of its students. This encompasses their academic growth, social skills, physical well-being, aesthetic appreciation, and moral values. This objective is achieved through a rigorous curriculum, community service opportunities, athletics programs, and fine arts education. The teaching approach emphasizes the importance of character development, with an aim to prepare students for their future in the best possible manner. The foundation operates an accredited primary school, serving approximately 275 students across various grade levels from pre-K to 12.
Official website here: www.ridgecroft.org
Who is the CEO of Hertford Co Ed Foundation Inc?
Brent Pierce is the Chairman of Hertford Co Ed Foundation Inc.
Official website here: www.ridgecroft.org
What is the revenue of Hertford Co Ed Foundation Inc?
Hertford Co Ed Foundation Inc's revenue in 2022 was $1,975,260.
Official website here: www.ridgecroft.org
Who are the executives of Hertford Co Ed Foundation Inc and what are their salaries?
The average compensation at Hertford Co Ed Foundation Inc during 2022 was $21,562. There are 65 employees and 120 volunteers at Hertford Co Ed Foundation Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.ridgecroft.org
Where can I find the form 990 for Hertford Co Ed Foundation Inc?
Hertford Co Ed Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ridgecroft.org
Learn more at the official website: www.ridgecroft.org
Mission Statement of Hertford Co Ed Foundation Inc
Hertford Co Ed Foundation Inc is dedicated to fostering the holistic development of its students. This encompasses their academic growth, social skills, physical well-being, aesthetic sensibilities, and moral values. The organization achieves this goal by offering a rigorous curriculum, encouraging community service, promoting athletic activities, and nurturing the fine arts. The teaching approach emphasizes the pillars of character, ensuring that each student receives a well-rounded education. The foundation serves approximately 275 students, striving to prepare them for success in various aspects of life.
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Impact
July, 2024
The Hertford Co Ed Foundation Inc's impact is centered on developing students academically, socially, physically, aesthetically, and morally. Through a challenging curriculum, community service opportunities, athletics programs, and fine arts offerings, the foundation strives to nurture well-rounded individuals. With approximately 275 students benefiting from its services, the foundation plays a crucial role in providing quality education for grades pre-K to 12 in Ahoskie, NC. Their teaching approach emphasizes the pillars of character, ensuring that students receive a comprehensive education that goes beyond academics.
This information is meant to be a general summary of Hertford Co Ed 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: $25,432
- Program Service Revenue: $1,916,589
- Gross Receipts: $1,975,260
Assets and Liabilities:
- Total Assets: $2,213,099
- Total Liabilities: $77,345
- Net Assets: $2,135,754
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUND RAISING AUCTION/ART
Revenue
$153,294
LUNCH ROOM
Revenue
$149,739
Organization Details
Principal Officer
Brent Pierce
Main Address
420 NC HWY 11 NORTH, AHOSKIE, NC, 27910
Website
www.ridgecroft.orgNTEE Category
Code: B112 - Education
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