Overview
What is The Education Fund Inc (F/K/A Dade Public Education Fund Inc)?
The Education Fund Inc, formerly known as Dade Public Education Fund Inc, is a nonprofit organization situated in Miami Lakes, Florida. With a mission to enhance the quality of education in Miami-Dade County public schools, they raise funds and offer various services. Their initiatives include programs such as Ideas with Impact, Ocean Bank Center for Educational Materials, Teach Retention/Teach-A-Thon, Food Forest for Schools, Smart Path, and others, totaling $4.28 million in investments. Their primary goal is to improve the educational experience for students in Miami-Dade County.
Official website here: www.educationfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Education Fund Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. The organization boasts a perfect score for having a fully independent board, which enhances its governance and decision-making processes. Additionally, it demonstrated excellent financial oversight, with no reported material diversions of assets and a high program expense ratio that indicates a significant focus on directly supporting educational initiatives.
While the nonprofit excels in many areas, it has some gaps in its accountability practices. Specifically, it lacks a whistleblower policy and documentation retention guidelines, which could impact its transparency and risk management. Despite these limitations, the charity maintains a solid financial health with a low liabilities to assets ratio and efficient fundraising efforts, ensuring that a substantial portion of contributions goes directly to programs.
Overall, The Education Fund Inc stands out for its commitment to financial accountability and effective governance, making it a trustworthy choice for donors interested in supporting educational causes. However, addressing its deficiencies in certain policy areas could further enhance its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Education Fund Inc (F/K/A Dade Public Education Fund Inc)?
90% of reviewers on Facebook recommend The Education Fund Inc. Here is a summary of their reviews:
Overall, sentiments towards the organization are predominantly positive, with many recognizing its role in supporting educational initiatives. While the specific review mentioned concerns about a grant and its applicability, it reflects a broader desire among users for resources that can advance their educational pursuits.
The nonprofit appears to effectively meet its mission of enhancing education and providing valuable assistance to students and educators alike. Clearly, there is a collective appreciation for the organization's efforts, which indicates they are taking meaningful steps to drive educational success.
This AI summary has been generated from reviews found on Facebook.
Is The Education Fund Inc (F/K/A Dade Public Education Fund Inc) legitimate?
The Education Fund Inc (F/K/A Dade Public Education Fund Inc) is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Education Fund Inc (F/K/A Dade Public Education Fund 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: $204,183
Professional Fundraising Fees: $0
Other Salaries and Wages: $855,706
For more financial information, click here
Official website here: www.educationfund.org
What is the mission statement of The Education Fund Inc (F/K/A Dade Public Education Fund Inc)?
The Education Fund Inc., formerly known as Dade Public Education Fund Inc., is dedicated to improving the quality of education in public schools within Miami-Dade County. They achieve this mission by raising funds and providing various services. Some of their programs include Ideas with Impact, Ocean Bank Center for Educational Materials, Teach Retention/Teach-A-Thon, Food Forest for Schools, Smart Path, and others, totaling over $4 million in investments. The organization's objective is to enhance the educational experience for students and support the educational infrastructure in Miami-Dade County public schools.
Official website here: www.educationfund.org
Who is the CEO of The Education Fund Inc (F/K/A Dade Public Education Fund Inc)?
Linda Lecht is the Chair of The Education Fund Inc (F/K/A Dade Public Education Fund Inc).
Official website here: www.educationfund.org
What is the revenue of The Education Fund Inc (F/K/A Dade Public Education Fund Inc)?
The Education Fund Inc (F/K/A Dade Public Education Fund Inc)'s revenue in 2022 was $5,874,240.
Official website here: www.educationfund.org
Who are the executives of The Education Fund Inc (F/K/A Dade Public Education Fund Inc) and what are their salaries?
The average compensation at The Education Fund Inc (F/K/A Dade Public Education Fund Inc) during 2022 was $58,883. There are 18 employees and 302 volunteers at The Education Fund Inc (F/K/A Dade Public Education Fund Inc).
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- Compensation: $168,196
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- Other: $9,776
Official website here: www.educationfund.org
Where can I find the form 990 for The Education Fund Inc (F/K/A Dade Public Education Fund Inc)?
The Education Fund Inc (F/K/A Dade Public Education Fund Inc)'s most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.educationfund.org
Learn more at the official website: www.educationfund.org
Mission Statement of The Education Fund Inc (F/K/A Dade Public Education Fund Inc)
The Education Fund Inc, formerly known as Dade Public Education Fund Inc, is dedicated to enhancing the quality of education in Miami-Dade County Public Schools. Its primary mission is to raise funds and provide necessary services to achieve this goal. The organization operates various programs to fulfill its objectives, including IDEAS With Impact, Ocean Bank Center for Educational Materials, Teach Retention/Teach-A-Thon, Food Forest for Schools, Smart Path, and others. Collectively, these programs have contributed significantly to enhancing education in Miami-Dade County Public Schools, with a total investment of approximately $4.3 million. The Education Fund Inc's initiatives aim to improve the learning environment and educational resources for students in Miami-Dade County, ultimately striving for a better future through quality education.
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Impact
July, 2024
The Education Fund Inc (F/K/A Dade Public Education Fund Inc) has a significant impact on improving the quality of public education in Miami-Dade County Public Schools. Through various programs like Ideas with Impact, Ocean Bank Center for Educational Materials, Teach Retention/Teach-a-Thon, Food Forest for Schools, and Smart Path, the organization raised a total of $4,282,534 to support initiatives that benefit students, teachers, and the overall educational system. The Education Fund's commitment to enhancing education in the community is evident in the positive outcomes and opportunities it provides for students and educators alike.
This information is meant to be a general summary of The Education Fund Inc (F/K/A Dade Public Education Fund 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: $75
- Gross Receipts: $5,874,240
Assets and Liabilities:
- Total Assets: $6,148,944
- Total Liabilities: $284,969
- Net Assets: $5,863,975
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Organization Details
Founding Year
1984
Phone
(305) 558-4544Principal Officer
Linda Lecht
Main Address
6713 MAIN STREET 240, MIAMI LAKES, FL, 33014
Website
www.educationfund.orgNTEE Category
Code: B112 - Education
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