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Carmel Educational Foundation

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

EIN: 562107877 ✦ Matthews, NC ✦ Designated as a 501(c)(3)

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Overview

What is Carmel Educational Foundation?

The Carmel Educational Foundation is a nonprofit organization that is dedicated to promoting Christian Education. Specifically, they support the activities of two educational institutions: Carmel Christian School and Carmel Weekday Early Educational School. Through their mission, they aim to contribute to these schools and provide a foundation for faith-based education. Their role involves supporting various aspects of these institutions, contributing to their overall growth and success in offering Christian Education.


Official website here: www.carmeleducationalfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)

The Carmel Educational Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. With an overall score derived entirely from its Accountability & Finance metrics, the organization demonstrates a strong commitment to responsible governance and transparency. The rating suggests that donors can feel confident in how their contributions are managed.

Strengths of the organization include a fully independent board with 100% of members being independent, excellent financial oversight with a perfect score on audit practices, and a commendable program expense ratio of 100%. These factors highlight the foundation's dedication to ensuring that resources are effectively utilized for its educational mission.

However, there are some areas for improvement, particularly in governance policies. The absence of a conflict of interest policy and whistleblower policy suggests a need for enhanced governance protocols that could further strengthen organizational integrity. Overall, while the Carmel Educational Foundation has many commendable qualities, addressing these policy gaps could enhance its effectiveness and reputation among stakeholders.


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

Is Carmel Educational Foundation legitimate?

Carmel Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carmel Educational 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.carmeleducationalfoundation.org

What is the mission statement of Carmel Educational Foundation?

The Carmel Educational Foundation serves to uphold the activities of Carmel Christian School and Carmel Weekday Early Educational School, all with the primary objective of delivering Christian Education. The foundation's mission is geared towards supporting these educational institutions, fostering an environment that imparts Christian values and knowledge to its students. By doing so, the foundation aims to contribute to the personal and spiritual growth of the students, enabling them to lead lives in line with Christian principles.


Official website here: www.carmeleducationalfoundation.org

Who is the CEO of Carmel Educational Foundation?

Joe Poats is the Chairman of Carmel Educational Foundation.


Official website here: www.carmeleducationalfoundation.org

What is the revenue of Carmel Educational Foundation?

Carmel Educational Foundation's revenue in 2022 was $604,652.


Official website here: www.carmeleducationalfoundation.org

Who are the executives of Carmel Educational Foundation and what are their salaries?

There 29 volunteers at Carmel Educational Foundation.


Here are 7 key members and their salaries:


Andy Tarr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Mccartney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Soell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christy Hansen (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Gruber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Poats (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.carmeleducationalfoundation.org

Where can I find the form 990 for Carmel Educational Foundation?

Carmel Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carmeleducationalfoundation.org

Learn more at the official website: www.carmeleducationalfoundation.org

Mission Statement of Carmel Educational Foundation

The Carmel Educational Foundation, as a dedicated nonprofit organization, is committed to supporting the activities of Carmel Christian School and Carmel Weekday Early Educational School. Its primary mission lies in the provision of Christian Education, striving to uphold this value in all its undertakings. By supporting these educational institutions, the Foundation aims to contribute to the holistic development of students, fostering spiritual growth alongside academic excellence.

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Impact




July, 2024

Carmel Educational Foundation's impact is felt through its support for Carmel Christian School and Carmel Weekday Early Educational School in providing Christian education. This foundation plays a vital role in the educational journey of students in MATTHEWS, NC, ensuring they receive a well-rounded learning experience with a strong foundation in Christian values. The foundation's commitment to education helps shape the future of these young individuals and contributes to the community's overall growth and development.




This information is meant to be a general summary of Carmel Educational 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
$604,652 (2022)
Expenses
$118,491 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $632,763

Assets and Liabilities:

  • Total Assets: $677,219
  • Total Liabilities: $0
  • Net Assets: $677,219

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Organization Details

Founding Year

1998

Principal Officer

Joe Poats

Main Address

1145 Pineville-Matthews Rd, Matthews, NC, 28105

NTEE Category

Code: B112 - Education

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