Overview
What is Lawrenceburg Sacred Heart School Endowment Fund?
The Lawrenceburg Sacred Heart School Endowment Fund is a nonprofit organization, specifically established to support a single educational institution located in Lawrenceburg, Tennessee. Their primary purpose is to promote and enhance the welfare of Lawrenceburg Sacred Heart School. This support encompasses various aspects, including providing financial aid and resources to ensure the school's continued operation and growth. The mission of the Lawrenceburg Sacred Heart School Endowment Fund is clearly focused on fostering the success of the Lawrenceburg Sacred Heart School, thereby contributing positively to the community and its children's education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Lawrenceburg Sacred Heart School Endowment Fund has earned a commendable three-star rating, reflecting a strong commitment to accountability and financial management. The overall score is derived solely from the Accountability & Finance category, which scored 80%. This high score indicates the organization's transparency and effective use of resources, essential qualities for building donor trust.
Strengths of the Endowment Fund include a fully independent board composed of four members, ensuring unbiased governance. The organization demonstrates financial prudence, with a liabilities-to-assets ratio of 0.00% and an impressive program expense ratio of 92.57%, indicating that a significant portion of its funds directly supports its mission. Additionally, the presence of a conflict of interest policy and the documentation of board meeting minutes further showcase the organization's commitment to ethical practices.
However, while the fund has performed well in these areas, the overall score hinges on a single beacon score. This limitation suggests that while the financial aspects are solid, potential donors may want to consider other factors, such as program outcomes and community impact, for a more holistic understanding of the organization’s effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lawrenceburg Sacred Heart School Endowment Fund legitimate?
Lawrenceburg Sacred Heart School Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawrenceburg Sacred Heart School Endowment Fund 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 Lawrenceburg Sacred Heart School Endowment Fund?
The Lawrenceburg Sacred Heart School Endowment Fund is an organization dedicated to supporting a specific educational institution. Its mission, in essence, revolves around providing assistance to Lawrenceburg Sacred Heart School. This support could encompass various aspects, such as financial aid, resource allocation, or advocacy, with the ultimate goal of enhancing the school's overall operation and success. The organization's actions are geared towards promoting the well-being and growth of Lawrenceburg Sacred Heart School.
Who is the CEO of Lawrenceburg Sacred Heart School Endowment Fund?
Joseph Remke Iii is the Boardmember of Lawrenceburg Sacred Heart School Endowment Fund.
What is the revenue of Lawrenceburg Sacred Heart School Endowment Fund?
Lawrenceburg Sacred Heart School Endowment Fund's revenue in 2022 was $19,621.
Who are the executives of Lawrenceburg Sacred Heart School Endowment Fund and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lawrenceburg Sacred Heart School Endowment Fund?
Lawrenceburg Sacred Heart School Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lawrenceburg Sacred Heart School Endowment Fund
The Lawrenceburg Sacred Heart School Endowment Fund is an organization dedicated to supporting a specific educational institution, Lawrenceburg Sacred Heart School. Their mission is centered around providing unwavering support to this school, ensuring its continued growth and success. By doing so, the Endowment Fund is essentially championing the education and development of the students attending Lawrenceburg Sacred Heart School.
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Impact
August, 2024
The Lawrenceburg Sacred Heart School Endowment Fund plays a crucial role in supporting the Lawrenceburg Sacred Heart School in Tennessee. By providing financial resources to the school, the endowment fund helps ensure that students receive a quality education and have access to important resources and programs. This support has a direct impact on the academic success and overall well-being of the students, as well as contributing to the long-term sustainability of the school. Through its mission of supporting the Lawrenceburg Sacred Heart School, the endowment fund positively impacts the lives of students, teachers, and the community as a whole.
This information is meant to be a general summary of Lawrenceburg Sacred Heart School Endowment Fund. 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: $19,621
- Gross Receipts: $19,621
Assets and Liabilities:
- Total Assets: $440,240
- Total Liabilities: $0
- Net Assets: $440,240
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Organization Details
Founding Year
1983
Principal Officer
Joseph Remke Iii
Main Address
206 BERGER ST, Lawrenceburg, TN, 38464
NTEE Category
Code: B24I - Education
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