Overview
What is The Davidson County Education Foundation Inc?
The Davidson County Education Foundation Inc, a nonprofit organization situated in Lexington, North Carolina, is committed to enhancing educational opportunities in Davidson County. With a focus on volunteering, their mission is to provide and support innovative programs that positively impact the local student population. The foundation extends its efforts by offering college scholarships to deserving students and organizing summer camps for their educational growth. The organization's initiatives are aimed at enriching the educational experiences of the community's youth, contributing to their overall development.
Official website here: www.dcefnc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Davidson County Education Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This score is derived entirely from its performance in the Accountability & Finance category, emphasizing the organization's transparency and financial health. Notably, the foundation has a strong independent board with 100% of its members being independent, and it has demonstrated no material diversion of assets.
Strengths of the organization include excellent management of program expenses, as evidenced by a 100% ratio, indicating that all funds are directed towards its programs. It also scores well for having its tax information posted on its website and maintaining thorough board meeting minutes. However, the foundation does have some gaps in its policies, specifically the absence of a conflict of interest policy and a whistleblower policy, which could affect perceptions of governance.
Overall, while The Davidson County Education Foundation Inc shows commendable financial accountability and governance structure, the lack of certain policies may be seen as areas for improvement. Organizations looking to support educational initiatives in Davidson County may find value in this foundation, albeit with a note to further inquire into its governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Davidson County Education Foundation Inc legitimate?
The Davidson County Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Davidson 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:
Executive Compensation: $4,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dcefnc.org
What is the mission statement of The Davidson County Education Foundation Inc?
The Davidson County Education Foundation is a non-profit, volunteer-driven organization committed to enhancing educational opportunities for students in Davidson County. Their mission is to provide and support innovative programs that bring about beneficial changes for these students. The foundation's primary objective is to offer college scholarships to deserving students from Davidson County and organize summer camps for students to engage in enriching activities.
Official website here: www.dcefnc.org
Who is the CEO of The Davidson County Education Foundation Inc?
Margaret King is the President of The Davidson County Education Foundation Inc.
Official website here: www.dcefnc.org
What is the revenue of The Davidson County Education Foundation Inc?
The Davidson County Education Foundation Inc's revenue in 2022 was $71,253.
Official website here: www.dcefnc.org
Who are the executives of The Davidson County Education Foundation Inc and what are their salaries?
Here are 23 key members and their salaries:
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Official website here: www.dcefnc.org
Where can I find the form 990 for The Davidson County Education Foundation Inc?
The Davidson County Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dcefnc.org
Learn more at the official website: www.dcefnc.org
Mission Statement of The Davidson County Education Foundation Inc
The Davidson County Education Foundation is a dedicated, non-profit, volunteer organization that strives to enhance the educational prospects in Davidson County. Its mission is centered around providing and supporting innovative programs that benefit the students within this particular county. The foundation aims to enrich the educational opportunities available to the local community, fostering a conducive environment for learning and personal growth. By doing so, it contributes to the overall development of the students, empowering them to excel in their academic pursuits. The Davidson County Education Foundation has demonstrated its commitment by providing college scholarships to deserving students and organizing summer camps for students in the region. These initiatives serve to broaden their horizons, encouraging creativity and fostering a lifelong passion for learning.
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Impact
August, 2024
The Davidson County Education Foundation Inc has a significant impact on the educational opportunities available to students in Davidson County. By providing college scholarships and organizing summer camps for students, the foundation is actively enriching the educational experiences of the youth in the community. Through its innovative programs and dedicated volunteers, the foundation is making a tangible difference in the lives of students, helping them achieve academic success and pursue their educational goals.
This information is meant to be a general summary of The Davidson 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 2022.
- Investment Income: $2,466
- Gross Receipts: $71,253
Assets and Liabilities:
- Total Assets: $596,384
- Total Liabilities: $0
- Net Assets: $596,384
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Organization Details
Founding Year
1991
Phone
(336) 905-0976Principal Officer
Margaret King
Main Address
PO BOX 444, LEXINGTON, NC, 272930444
Website
www.dcefnc.orgNTEE Category
Code: T30 - Philanthropy
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