Overview
What is Saint Ann School Foundation Inc?
Saint Ann School Foundation Inc, located in Naples, Florida, is an independent nonprofit organization with a mission to make a faith-based education accessible to families, irrespective of their income. During the 2021 fiscal year, over 65% of the 378 students at Saint Ann Catholic School received financial aid to continue their education, and over 93% of eighth-grade students proceeded to Saint John Neumann for further Catholic schooling. The foundation's scholarships play a crucial role in ensuring this educational opportunity remains attainable for various families. The organization, led by a team of 2 dedicated individuals, is committed to this cause, demonstrating its significant impact on the local community.
Official website here: www.stann.net/foundation
What are the reviews and ratings of this charity?
**Saint Ann School Foundation Inc (EIN: 592201867)**
**Charity Navigator Rating: 2 Stars (Needs Improvement)**
The Saint Ann School Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating the organization needs improvement in various accountability and financial aspects. The charity's overall score stands at 70%, with significant weaknesses noted in governance practices, such as a lack of independent board members and the absence of key policies, including conflict of interest and whistleblower policies. However, the foundation shows strength in its financial health, notably with a strong program expense ratio and a solid working capital ratio, which suggests effective resource allocation towards its educational mission.
The foundation has been recognized for its commitment to ensuring faith-based education remains accessible to families of diverse income levels, which is reflected in its strategic goals of developing an endowment and supporting academic and extracurricular programs. Leadership adaptability and the implementation of investment opportunities in leadership development point towards a proactive approach in achieving its long-term objectives. Nevertheless, the lack of transparency in financial reporting, including the absence of posted tax forms and meeting minutes, raises concerns about its governance structure.
Unfortunately, there are no user reviews available from GreatNonprofits to provide additional insights from community experiences. Overall, the Saint Ann School Foundation demonstrates a genuine commitment to its mission, but it faces challenges with transparency and governance that need to be addressed to enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Saint Ann School Foundation Inc?
98% of 22 reviewers on Facebook recommend the Saint Ann School Foundation Inc. Here is a summary of their reviews:
The overwhelming sentiment among reviewers highlights the excellence of the school's location and infrastructure. Many users particularly appreciate the friendly staff and the quality curriculum offered, which they believe contributes significantly to a positive learning environment.
Overall, the feedback indicates strong satisfaction with the services provided by Saint Ann School Foundation, reinforcing the foundation's reputation as a valuable educational institution in the community.
This AI summary has been generated from reviews found on Facebook.
Is Saint Ann School Foundation Inc legitimate?
Saint Ann School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Ann School 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: $70,907
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,520
For more financial information, click here
Official website here: www.stann.net/foundation
What is the mission statement of Saint Ann School Foundation Inc?
The Saint Ann School Foundation is a non-profit organization with a mission to guarantee that a faith-based education remains within reach for families who wish to provide this for their children, irrespective of their financial situation. Throughout the 2021 fiscal school year, nearly 65% of the 378 students benefited from financial aid to continue their education at Saint Ann Catholic School. Moreover, over 93% of the 8th-grade students proceeded to further their Catholic education at Saint John Neumann, thanks to the foundation's scholarships. These scholarships play a crucial role in ensuring that a faith-based education remains an option for families, regardless of their income or other challenges.
Official website here: www.stann.net/foundation
Who is the CEO of Saint Ann School Foundation Inc?
Tina Ferrao is the Trustee of Saint Ann School Foundation Inc.
Official website here: www.stann.net/foundation
What is the revenue of Saint Ann School Foundation Inc?
Saint Ann School Foundation Inc's revenue in 2021 was $7,206,000.
Official website here: www.stann.net/foundation
Who are the executives of Saint Ann School Foundation Inc and what are their salaries?
The average compensation at Saint Ann School Foundation Inc during 2021 was $36,214. There are 2 employees at Saint Ann School Foundation Inc.
Here are 16 key members and their salaries:
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Official website here: www.stann.net/foundation
Where can I find the form 990 for Saint Ann School Foundation Inc?
Saint Ann School Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.stann.net/foundation
Learn more at the official website: www.stann.net/foundation
Mission Statement of Saint Ann School Foundation Inc
Saint Ann School Foundation is a dedicated non-profit organization, independently established with a mission to make a faith-based education accessible to all families, irrespective of their income levels. The foundation's primary objective is to ensure that the desire for such an education remains within reach for children from various economic backgrounds. During the 2021 fiscal school year, this commitment was evident in the distribution of financial assistance to around 65% of the 378 students enrolled at Saint Ann Catholic School, enabling them to continue their education within this faith-based setting. Furthermore, over 93% of the 8th grade students at Saint Ann Catholic School proceeded to further their Catholic education at Saint John Neumann, a testament to the foundation's success in ensuring affordable faith-based education.
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Impact
July, 2024
Saint Ann School Foundation Inc is dedicated to ensuring that a faith-based education is accessible to all families, regardless of income. During the 2021 fiscal school year, roughly 65% of their 378 students received financial tuition assistance to continue their education at Saint Ann Catholic School. Additionally, over 93% of their 8th-grade students continued their Catholic school education at Saint John Neumann. The scholarships provided by the foundation play a crucial role in making sure that families can afford a faith-based education, regardless of their financial situation. This effort helps in fostering a community where all children have the opportunity to receive a values-based education.
This information is meant to be a general summary of Saint Ann School 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 2021.
- Investment Income: $128,181
- Gross Receipts: $7,531,028
Assets and Liabilities:
- Total Assets: $9,901,525
- Total Liabilities: $314,001
- Net Assets: $9,587,524
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Organization Details
Founding Year
1982
Phone
(239) 262-4110Principal Officer
Tina Ferrao
Main Address
475 NINTH AVENUE SOUTH, NAPLES, FL, 34102
Website
www.stann.net/foundationNTEE Category
Code: B11 - Education
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