Overview
What is Polk Education Foundation And Business Partnership Inc?
Polk Education Foundation and Business Partnership Inc is a nonprofit organization situated in Bartow, Florida. Its primary mission is to bridge the gap between community resources and the educational needs of its students. By fostering a proactive partnership between the community and the public school system, they aim to support students through various programs such as reading and mentoring initiatives, scholarships, school grants, and other educational endeavors. The organization's annual scholarship program allows donors to set the criteria for selection, often focusing on financial need and academic ability. A significant part of this program is the Take Stock in Children (TSIC) program, which offers scholarships to students in need, matches them with mentors, and provides additional support services like study skills workshops, cultural experiences, and college tours.
Official website here: www.polkeducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
Polk Education Foundation And Business Partnership Inc has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting an impressive Accountability & Finance score of 97%. This high rating indicates the organization is transparent and fiscally responsible, showcasing strong governance practices and effective financial management. Such a score is pivotal for donors, demonstrating that their contributions are likely being utilized effectively.
The foundation boasts an entirely independent board of members, which enhances its credibility and governance. It has also implemented robust financial oversight mechanisms, with no reported material diversions of assets, highlighting its integrity and commitment to ethical operations. Additionally, the organization has a strong program expense ratio of 94.61%, indicating that a significant portion of its budget is directed towards its mission-related activities.
Despite these strengths, the summary does not highlight specific program outcomes or the direct impact of its initiatives on the community. However, the financial health and governance practices suggest a solid foundation for potential program effectiveness. Overall, the Polk Education Foundation appears to be a trustworthy organization for donors looking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Polk Education Foundation And Business Partnership Inc legitimate?
Polk Education Foundation And Business Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Polk Education Foundation And Business Partnership 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: $146,315
For more financial information, click here
Official website here: www.polkeducationfoundation.org
What is the mission statement of Polk Education Foundation And Business Partnership Inc?
The Polk Education Foundation and Business Partnership Inc's mission is to foster a proactive collaboration between the community and the public school system. This partnership aims to address the educational needs of students by linking available community resources. The organization accomplishes this through various initiatives such as reading and mentoring programs, scholarships, school grants, and other educational endeavors. One of their scholarship programs, Take Stock in Children (TSIC), offers tuition scholarships to students in financial need and pairs each recipient with a mentor. Alongside this, TSIC provides additional support services, including study skills workshops, cultural experiences, and college tours.
Official website here: www.polkeducationfoundation.org
Who is the CEO of Polk Education Foundation And Business Partnership Inc?
Susan Copeland is the President of Polk Education Foundation And Business Partnership Inc.
Official website here: www.polkeducationfoundation.org
What is the revenue of Polk Education Foundation And Business Partnership Inc?
Polk Education Foundation And Business Partnership Inc's revenue in 2022 was $2,738,541.
Official website here: www.polkeducationfoundation.org
Who are the executives of Polk Education Foundation And Business Partnership Inc and what are their salaries?
There 182 volunteers at Polk Education Foundation And Business Partnership Inc.
Here are 26 key members and their salaries:
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- Compensation: $94,119
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- Other: $9,528
Official website here: www.polkeducationfoundation.org
Where can I find the form 990 for Polk Education Foundation And Business Partnership Inc?
Polk Education Foundation And Business Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.polkeducationfoundation.org
Learn more at the official website: www.polkeducationfoundation.org
Mission Statement of Polk Education Foundation And Business Partnership Inc
Polk Education Foundation and Business Partnership Inc, a nonprofit organization, is committed to bridging the gap between the educational needs of its students and the available community resources. Their mission is to foster a proactive partnership between the community and the public school system, ensuring that the two entities work together to provide the necessary educational support. This is accomplished through various initiatives, such as reading and mentoring programs, scholarships, school grants, and other educational endeavors.
The scholarship program, a significant aspect of their mission, allows donors to set their own selection criteria, often focusing on both financial need and academic ability. The awarded funds are typically directed towards the educational institution rather than the student directly. One notable program within the scholarship initiative is the Take Stock in Children (TSIC) program. This program offers not only a 2 or 4-year tuition scholarship to students in need but also pairs each recipient with a mentor during their high school years. Additionally, TSIC provides the students with access to various support services, including study skills workshops, free cultural experiences, and college tours.
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Impact
July, 2024
Polk Education Foundation And Business Partnership Inc plays a vital role in linking community resources with the educational needs of its students. Through their annual scholarship program, they provide financial assistance to students based on criteria set by donors, focusing on need and academic ability. Additionally, their Take Stock in Children (TSIC) program offers tuition scholarships to students in financial need, paired with mentors and access to support services like study skills workshops and college tours. By establishing a proactive partnership between the community and the public school system, the organization helps enhance educational opportunities for students in Bartow, FL.
This information is meant to be a general summary of Polk Education Foundation And Business Partnership 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: $169,369
- Gross Receipts: $4,630,012
Assets and Liabilities:
- Total Assets: $9,513,237
- Total Liabilities: $40,057
- Net Assets: $9,473,180
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Organization Details
Founding Year
1988
Phone
(863) 534-0519Principal Officer
Susan Copeland
Main Address
1530 SHUMATE DRIVE, BARTOW, FL, 33830
NTEE Category
Code: B92 - Education
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