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The Education Foundation Of Alachua County Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592751952 ✦ Gainesville, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Education Foundation Of Alachua County Inc?

The Education Foundation of Alachua County Inc, located in Gainesville, Florida, is a dedicated nonprofit organization with a mission to support and enhance the education of students in local public schools. Established with this vision, the foundation offers various programs to achieve this goal, including Take Stock in Children, Senior Scholarships, Catalyst for Change, and others. During the 2021-2022 year, they distributed 50 grants through the Catalyst for Change program, awarded 36 college scholarships, and helped 60 students earn two-year Florida Prepaid College Scholarships through the Take Stock in Children program. Furthermore, they honored 40 Teacher of the Year recipients with awards and granted 46 miscellaneous scholarships. The foundation, with a team of 10 dedicated individuals, invests in the future of Alachua County's public school students.


Official website here: www.edfoundationac.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93%, Four-Star out of Four Star Rating

The Education Foundation of Alachua County has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 83% in Accountability & Finance, the organization demonstrates strong governance practices, including a fully independent board and rigorous financial oversight. The foundation's commitment to its mission is reflected in its substantial program expense ratio of nearly 80%, ensuring that the majority of funds are directed towards supporting educational initiatives.

User feedback highlights the foundation’s positive impact on the community, particularly through its mentoring programs like Take Stock in Children (TSIC), which have transformed the lives of students. Many reviewers express pride in their involvement, noting that the organization not only provides scholarships but also fosters mentorship relationships that guide students towards academic success. The emotional rewards for mentors, as described by participants, further emphasize the foundation's role in empowering youth.

While the foundation's strengths are prominently featured in both its financial metrics and user testimonials, it is essential to remain aware of its focus on specific programs. Some potential areas for growth could involve expanding outreach to include more diverse educational opportunities or addressing broader community needs. However, overall, the Education Foundation of Alachua County stands out as a vital asset to the local educational landscape.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about The Education Foundation Of Alachua County Inc?

100% of the 21 reviewers on Facebook recommend The Education Foundation of Alachua County Inc. Here is a summary of their reviews:

Many individuals express a strong appreciation for the organization’s efforts to support local students, highlighting the foundation's commitment to education and community empowerment. The consistent praise reflects that those involved feel positively about the impact made through various initiatives and programs.

Overall, it's clear that The Education Foundation of Alachua County Inc has earned the trust and support of those who have engaged with its mission, demonstrating effective service in bolstering educational opportunities within the community.


This AI summary has been generated from reviews found on Facebook.

Is The Education Foundation Of Alachua County Inc legitimate?

The Education Foundation Of Alachua County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Education Foundation Of Alachua County 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: $79,370
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,976

For more financial information, click here


Official website here: www.edfoundationac.org

What is the mission statement of The Education Foundation Of Alachua County Inc?

The Education Foundation of Alachua County Inc's mission is centered around investing in the future of public school students. This is achieved by providing support and enhancing the educational experiences of students in Alachua County schools. The foundation carries out its mission through various programs such as Take Stock in Children, Senior Scholarships, Catalyst for Change, and others. During the 2021-2022 year, they granted funds to teachers and schools, awarded college scholarships to graduating high school seniors, helped students secure college scholarships, recognized Teachers of the Year, and awarded miscellaneous scholarships. Overall, the foundation's activities aim to support and foster the academic growth and success of public school students in Alachua County.


Official website here: www.edfoundationac.org

Who is the CEO of The Education Foundation Of Alachua County Inc?

Jayne Moraski is the President of The Education Foundation Of Alachua County Inc.


Official website here: www.edfoundationac.org

What is the revenue of The Education Foundation Of Alachua County Inc?

The Education Foundation Of Alachua County Inc's revenue in 2022 was $1,034,088.


Official website here: www.edfoundationac.org

Who are the executives of The Education Foundation Of Alachua County Inc and what are their salaries?

The average compensation at The Education Foundation Of Alachua County Inc during 2022 was $35,735. There are 10 employees and 380 volunteers at The Education Foundation Of Alachua County Inc.


Here are 20 key members and their salaries:


Tim Roark (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwendolyn Saffo (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Steven Cecil (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Graddy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Waters (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Cavallari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
April Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bea Awoniyi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beatrice Cherry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Goodman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Kolb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Fletcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Denault (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Herring (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Korithoski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trey Presnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Debigare (Executive Director)
  • Compensation: $72,883
  • Related: $0
  • Other: $2,187


Official website here: www.edfoundationac.org

Where can I find the form 990 for The Education Foundation Of Alachua County Inc?

The Education Foundation Of Alachua County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.edfoundationac.org

Learn more at the official website: www.edfoundationac.org

Mission Statement of The Education Foundation Of Alachua County Inc

The Education Foundation of Alachua County Inc is committed to bolstering the education of students in Alachua County's public schools. In essence, their mission is to invest in the future of these students, aiming to provide them with the necessary resources and opportunities to thrive. Through various programs such as Take Stock in Children, Senior Scholarships, Catalyst for Change, and others, the foundation supports the schools and their students.

During the 2021-2022 year, the foundation distributed 50 grants through the Catalyst for Change Teacher and School Grant Program, awarded 36 college scholarships to graduating high school seniors, and saw 60 students complete the Take Stock in Children program, each receiving a two-year Florida Prepaid College Scholarship. Additionally, they recognized 40 Teacher of the Year recipients with awards and handed out 46 miscellaneous scholarships. These initiatives reflect the foundation's dedication to nurturing the educational growth of Alachua County's students.

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Impact




July, 2024

The Education Foundation of Alachua County Inc plays a crucial role in supporting and enhancing the education of Alachua County public schools students. Through programs like Take Stock in Children, senior scholarships, Catalyst for Change, and various other initiatives, the foundation has made a significant impact. In the 2021-2022 year alone, the foundation awarded 50 grants through the Catalyst for Change teacher and school grant program, provided 36 college scholarships to graduating high school seniors, supported 60 students through the Take Stock in Children program with a two-year Florida Prepaid college scholarship, recognized 40 Teacher of the Year recipients, and awarded 46 miscellaneous scholarships. Its efforts in Gainesville, FL, are instrumental in investing in the future of Alachua County's public school students.




This information is meant to be a general summary of The Education Foundation Of Alachua County 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.

Revenue
$1,034,088 (2022)
Expenses
$1,051,758 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $44,164
  • Program Service Revenue: $261,814
  • Gross Receipts: $1,849,628

Assets and Liabilities:

  • Total Assets: $4,313,923
  • Total Liabilities: $169,929
  • Net Assets: $4,143,994

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TAKE STOCK IN CHILDREN

Revenue

$261,814

Organization Details

Founding Year

1986

Principal Officer

Jayne Moraski

Main Address

2802 NE 8TH AVE, GAINESVILLE, FL, 326414836

NTEE Category

Code: B112 - Education

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