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Suwannee Foundation For Excellence In Education Inc

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

EIN: 593023133 ✦ Live oak, FL ✦ Designated as a 501(c)(3)

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Overview

What is Suwannee Foundation For Excellence In Education Inc?

Suwannee Foundation For Excellence In Education Inc, headquartered in Live Oak, Florida, is a dedicated nonprofit organization. Its primary mission is to foster excellence in education within Suwannee County. They achieve this goal through their Take Stock in Children Program, which offers comprehensive support and mentoring to students, aiding in their academic journey towards success. This program provides essential resources and training, ensuring each student can thrive academically. The organization's commitment to education is evident in its mission, further emphasizing its role in promoting educational progress in the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)

The Suwannee Foundation For Excellence In Education Inc has received a Two-Star rating from Charity Navigator, indicating that while it demonstrates strong accountability and financial practices, there are several areas needing improvement. The organization scored a perfect 100% in accountability and finance, showcasing solid governance with a fully independent board and no material diversion of assets.

However, the foundation has significant shortcomings in transparency and policy implementation. Essential documents such as the conflict of interest policy, whistleblower policy, and document retention policy are missing, which has impacted their overall score negatively. Additionally, the absence of their website listed on their tax form and other required disclosures further highlights gaps in their operational transparency.

Despite the challenges, the foundation's program expense ratio is commendable at 84.08%, indicating a strong focus on programmatic spending relative to their total expenses. To enhance their rating and public trust, addressing the noted deficiencies in governance policies and improving website transparency would be crucial.


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

Is Suwannee Foundation For Excellence In Education Inc legitimate?

Suwannee Foundation For Excellence In Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suwannee Foundation For Excellence In Education 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: $53,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Suwannee Foundation For Excellence In Education Inc?

The Suwannee Foundation For Excellence In Education Inc, as its mission, strives to enhance the quality of education in its domain. This is achieved through the implementation of the Take Stock in Children Program. This program offers training and resources to aid students in their academic journey, fostering their success through an academically focused mentoring system. By doing so, the foundation aims to contribute to the overall improvement of educational standards.

Who is the CEO of Suwannee Foundation For Excellence In Education Inc?

Jon Little is the President of Suwannee Foundation For Excellence In Education Inc.

What is the revenue of Suwannee Foundation For Excellence In Education Inc?

Suwannee Foundation For Excellence In Education Inc's revenue in 2022 was $96,643.

Who are the executives of Suwannee Foundation For Excellence In Education Inc and what are their salaries?

There 13 volunteers at Suwannee Foundation For Excellence In Education Inc.


Here are 13 key members and their salaries:


Jon Little (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Hales (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Cochran (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Evans (Secretary/Executive Director)
  • Compensation: $53,544
  • Related: $0
  • Other: $0
Kathy Wood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Slaughter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trannie Lacquey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Kelley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jd Curls (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Snodgrass (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buddy Williams (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Johnson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Jackson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Suwannee Foundation For Excellence In Education Inc?

Suwannee Foundation For Excellence In Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Suwannee Foundation For Excellence In Education Inc

The Suwannee Foundation for Excellence in Education Inc is committed to fostering excellence in education within Suwannee County, Florida. Their mission, as stated, revolves around this objective. They achieve this by providing resources and training through their Take Stock in Children Program. This academically focused mentoring program aims to support and guide students on their educational journeys, helping them to succeed.

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Impact




October, 2024

The Suwannee Foundation For Excellence In Education Inc significantly impacts the educational landscape in Suwannee County, FL, by promoting excellence and supporting students throughout their academic journeys. Through initiatives like the Take Stock in Children Program, the foundation provides vital training and resources designed to empower students and enhance their educational experiences.

This academically focused mentoring program not only helps students develop essential skills but also fosters a supportive environment where they can thrive. By pairing students with mentors, the foundation encourages academic achievement and personal growth, ultimately contributing to higher graduation rates and better opportunities for the youth in the region. Through its dedication to education, the foundation plays a crucial role in shaping the future of Suwannee County, ensuring that students have the tools and support they need to succeed.




This information is meant to be a general summary of Suwannee Foundation For Excellence In Education 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
$96,643 (2022)
Expenses
$88,644 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $96,643

Assets and Liabilities:

  • Total Assets: $11,671
  • Total Liabilities: $723
  • Net Assets: $10,948

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Organization Details

Founding Year

1990

Principal Officer

Jon Little

Main Address

1314 Pine Ave SW, Live Oak, FL, 32064

NTEE Category

Code: T30Z - Philanthropy

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