Overview
What is The Johnston County Education Foundation Inc?
The Johnston County Education Foundation Inc, located in PO Box 1075, Smithfield, NC 27577, is a nonprofit organization with a mission to enhance the quality of education in Johnston County. By providing additional funding to public schools in the area, they aim to support and create educational programs. In the fiscal year ending June 30, 2022, they awarded five grants to further this goal. The organization, with a workforce of one, focuses on empowering the educational sector in their community.
Official website here: www.johnston
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while The Johnston County Education Foundation Inc demonstrates some accountability and transparency, there are significant areas requiring improvement. The foundation has a high score in areas like board independence and asset management, which reflects a strong governance structure.
However, the foundation has notable deficiencies, particularly concerning its lack of key policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policy has contributed to a lower overall score. Additionally, the tax form is not posted on the nonprofit's website, which detracts from its transparency efforts.
Despite these limitations, the foundation's commitment to maintaining a low liabilities to assets ratio suggests sound financial health, and its program expense ratio indicates that a majority of funds are directed toward programs rather than administrative costs. Addressing the identified areas of concern could enhance the foundation's rating and overall effectiveness in serving its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Johnston County Education Foundation Inc legitimate?
The Johnston County Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Johnston County Education 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: $32,652
For more financial information, click here
Official website here: www.johnston
What is the mission statement of The Johnston County Education Foundation Inc?
The Johnston County Education Foundation Inc's mission is centered around providing additional funding to public schools within its scope. This mission is carried out by supporting and creating educational programs that aim to enhance the quality of education. As a testament to their commitment, they awarded five grants during the fiscal year ending June 30, 2022. The foundation's goal is to contribute to the betterment of the educational system, thereby benefiting the students and educators within its community.
Official website here: www.johnston
What is the revenue of The Johnston County Education Foundation Inc?
The Johnston County Education Foundation Inc's revenue in 2023 was $70,786.
Official website here: www.johnston
Who are the executives of The Johnston County Education Foundation Inc and what are their salaries?
The average compensation at The Johnston County Education Foundation Inc during 2023 was $16,326. There are 2 employees at The Johnston County Education Foundation Inc.
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Official website here: www.johnston
Where can I find the form 990 for The Johnston County Education Foundation Inc?
The Johnston County Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.johnston
Learn more at the official website: www.johnston
Mission Statement of The Johnston County Education Foundation Inc
The Johnston County Education Foundation Inc is dedicated to enhancing the educational experience for students in public schools by providing additional funding. This nonprofit organization's mission is centered around supporting and creating programs that can improve the quality of education. During the fiscal year ending in June 2022, they awarded five grants, demonstrating their commitment to this cause. By offering financial assistance, The Johnston County Education Foundation Inc contributes to the betterment of educational programs, aiming to create a more enriching learning environment for the students it serves.
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Impact
October, 2024
The Johnston County Education Foundation Inc significantly enhances the quality of education in Johnston County by providing additional funding to public schools. By supporting and creating innovative programs, the foundation addresses gaps in educational resources and opportunities. In the fiscal year ending June 30, 2022, five grants were awarded, enabling schools to implement initiatives that enrich the learning experience for students. This commitment to educational excellence directly impacts teachers and students, fostering an environment where quality education can thrive.
This information is meant to be a general summary of The Johnston County Education 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: $22,859
- Gross Receipts: $919,930
Assets and Liabilities:
- Total Assets: $1,040,534
- Total Liabilities: $4,558
- Net Assets: $1,035,976
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Organization Details
Founding Year
1990
Principal Officer
Darla Peedin
Website
www.johnstonNTEE Category
Code: B20I - Education
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