Overview
What is Santa Rosa Education Foundation Inc?
Santa Rosa Education Foundation Inc is a nonprofit organization located in Milton, Florida, with a focus on supporting low-income youth in their educational journey. Through a program called Take Stock in Children, the foundation offers scholarships, mentorship, and hope to deserving students identified in the sixth through ninth grades. The organization operates by accepting donations from businesses and individuals, which are matched through the Florida Prepaid Program. The primary mission of Santa Rosa Education Foundation Inc is to foster awareness and enhance public education in Santa Rosa County, Florida, by cultivating and sustaining community support. The nonprofit employs a modest team of four individuals.
Official website here: www.santarosaeducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
The Santa Rosa Education Foundation Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid overall score of 88%. This rating is derived solely from their Accountability & Finance metrics, indicating a strong commitment to financial transparency and responsible management of resources. The organization boasts an impressive 100% score for independent board members, ensuring that governance remains objective and accountable.
Strengths of the foundation include a high program expense ratio of 91.35%, demonstrating that most of their funds are directed towards their educational programs rather than administrative costs. Additionally, they have received full scores in several key areas, such as financial oversight and the absence of asset diversion, further solidifying their reputation for accountability. However, the absence of a whistleblower policy is a noted limitation, which might raise concerns regarding internal reporting mechanisms.
Overall, the Santa Rosa Education Foundation Inc displays commendable financial health and governance practices. While they excel in many areas, the missing whistleblower policy could be an aspect to address for enhancing organizational integrity and fostering trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Santa Rosa Education Foundation Inc?
Santa Rosa Education Foundation Inc has received two reviews on Facebook, both expressing high praise for the organization. One reviewer highlights the significant impact the foundation is making in the Santa Rosa County school district, emphasizing its contributions to schools, teachers, and students.
Overall, the sentiment is very positive, showcasing a strong appreciation for the nonprofit’s efforts in improving local education. The foundation is recognized for its commitment and effectiveness in supporting educational initiatives and community needs.
This AI summary has been generated from reviews found on Facebook.
Is Santa Rosa Education Foundation Inc legitimate?
Santa Rosa Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Rosa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,144
For more financial information, click here
Official website here: www.santarosaeducationfoundation.org
What is the mission statement of Santa Rosa Education Foundation Inc?
The Santa Rosa Education Foundation Inc's mission is centered around raising awareness and enhancing public education. Their primary objective is to foster community support for this cause. Through their initiatives, they aim to build and sustain this community backing. One of their notable programs is "Take Stock in Children," which provides scholarships, mentors, and hope to deserving, low-income students. Funds for these scholarships are collected from businesses and individuals, and they are matched through the Florida Prepaid Program.
Official website here: www.santarosaeducationfoundation.org
Who is the CEO of Santa Rosa Education Foundation Inc?
Kara Bloomberg is the Chair of Santa Rosa Education Foundation Inc.
Official website here: www.santarosaeducationfoundation.org
What is the revenue of Santa Rosa Education Foundation Inc?
Santa Rosa Education Foundation Inc's revenue in 2023 was $668,076.
Official website here: www.santarosaeducationfoundation.org
Who are the executives of Santa Rosa Education Foundation Inc and what are their salaries?
The average compensation at Santa Rosa Education Foundation Inc during 2023 was $30,036. There are 4 employees and 250 volunteers at Santa Rosa Education Foundation Inc.
Here are 22 key members and their salaries:
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Official website here: www.santarosaeducationfoundation.org
Where can I find the form 990 for Santa Rosa Education Foundation Inc?
Santa Rosa Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.santarosaeducationfoundation.org
Learn more at the official website: www.santarosaeducationfoundation.org
Mission Statement of Santa Rosa Education Foundation Inc
Santa Rosa Education Foundation Inc is dedicated to raising awareness and enhancing public education in its community. Their mission is to build and sustain community support in this endeavor. To achieve this, they have initiated a program called Take Stock in Children, which aims to provide scholarships, mentors, and hope to deserving, low-income youth in the area. This program identifies students in sixth through ninth grade through an application and selection process in the local public schools. Businesses and individuals donate funds, which are then matched through the Florida Prepaid Program, enabling the foundation to provide scholarships for students within the community. Essentially, Santa Rosa Education Foundation Inc is working tirelessly to support the education of its youth, ensuring they have the opportunity to succeed and build a better future for themselves.
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Impact
July, 2024
Santa Rosa Education Foundation Inc's impact can be seen through its program, Take Stock in Children. This initiative provides scholarships, mentors, and hope to deserving, low-income youth in Santa Rosa County, Florida. By identifying students in sixth through ninth grade through an application and selection process in public schools, this program offers support for their educational pursuits. Through the generous donations of businesses and individuals, matched funds are provided to offer scholarships to students in the community, helping to enhance public education and create opportunities for those in need.
This information is meant to be a general summary of Santa Rosa 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 2023.
- Investment Income: $285
- Gross Receipts: $701,860
Assets and Liabilities:
- Total Assets: $591,545
- Total Liabilities: $0
- Net Assets: $591,545
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Organization Details
Founding Year
1987
Phone
(850) 983-5043Principal Officer
Kara Bloomberg
Main Address
6032 HIGHWAY 90, MILTON, FL, 32570
NTEE Category
Code: B11 - Education
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