Overview
What is John Carroll Educational Foundation Inc?
The John Carroll Educational Foundation Inc, located in Fort Pierce, Florida, serves as a vital support system for John Carroll High School and disadvantaged students. The primary objective of this nonprofit organization is to provide operational funding to the school and offer scholarships to financially challenged students. To accomplish this mission, the foundation diligently manages and accumulates assets, ensuring these resources are allocated towards tuition and scholarship assistance for the school's students. By doing so, the John Carroll Educational Foundation Inc strives to foster educational opportunities and empower its students, contributing positively to their academic journey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The John Carroll Educational Foundation Inc has received a score of 73%, indicating a moderate level of effectiveness in its operations. While this rating is above the threshold of concern, it reflects areas where improvement is necessary, particularly in transparency and policy documentation.
The organization excels in several areas, including a strong independent board, with 100% of its members being independent, and no reported material diversion of assets. Additionally, their program expense ratio is high at 93.20%, suggesting that a significant portion of their funds is directed toward their programs. These strengths highlight the foundation's commitment to responsible financial management and governance.
However, the foundation faces challenges in transparency, as it is missing key policy documents such as a conflict of interest policy and a whistleblower policy. Moreover, the absence of the tax form on their website raises concerns about accessibility and accountability. Addressing these limitations could enhance their overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is John Carroll Educational Foundation Inc legitimate?
John Carroll Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. John Carroll Educational 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.
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What is the mission statement of John Carroll Educational Foundation Inc?
The John Carroll Educational Foundation Inc's mission is centered around accumulating and managing assets, primarily for the purpose of providing tuition and scholarship assistance to students attending John Carroll High School. This organization's primary goal is to offer financial aid, thereby making quality education more accessible to disadvantaged students. The foundation also provides operational support to John Carroll High School.
Who is the CEO of John Carroll Educational Foundation Inc?
Michael Driscoll is the President of John Carroll Educational Foundation Inc.
What is the revenue of John Carroll Educational Foundation Inc?
John Carroll Educational Foundation Inc's revenue in 2023 was $127,524.
Who are the executives of John Carroll Educational Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for John Carroll Educational Foundation Inc?
John Carroll Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of John Carroll Educational Foundation Inc
The John Carroll Educational Foundation Inc is committed to its mission of amassing and managing assets with the primary objective of offering financial aid to students attending John Carroll High School. This aid is designed to assist students in meeting their tuition and scholarship needs. The foundation's purpose is to provide operational support to John Carroll High School and extend scholarships to disadvantaged students, thereby enabling them to pursue their education without financial constraints.
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Impact
October, 2024
John Carroll Educational Foundation Inc significantly enhances educational opportunities for students at John Carroll High School by accumulating and managing financial resources dedicated to tuition and scholarship assistance. Through its efforts, the foundation provides essential support to disadvantaged students, ensuring that financial barriers do not inhibit access to quality education. This focus on financial operating assistance not only promotes academic excellence but also fosters a more inclusive environment where every student has the potential to succeed. The foundation’s impact is evident in its commitment to creating pathways for students to achieve their educational goals, ultimately shaping a brighter future for individuals and the broader community in Fort Pierce, FL.
This information is meant to be a general summary of John Carroll Educational 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: $127,524
- Gross Receipts: $578,327
Assets and Liabilities:
- Total Assets: $2,187,883
- Total Liabilities: $0
- Net Assets: $2,187,883
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Organization Details
Founding Year
1981
Phone
(772) 595-0500Principal Officer
Michael Driscoll
Main Address
511 N INDIAN RIVER DR, FORT PIERCE, FL, 34950
NTEE Category
Code: B25I - Education
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