Overview
What is The Gift Of Learning Foundation Inc?
The Gift of Learning Foundation Inc., situated in Orlando, Florida, is a nonprofit organization dedicated to offering top-notch education in a private setting. Their primary mission is to provide exceptional educational opportunities for children in the surrounding area. With a workforce of 19 individuals, this foundation delivers its programs and services with a focus on quality education, aiming to make a significant impact on the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
The Gift Of Learning Foundation Inc has received a low rating, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly well in areas such as having a fully independent board and documenting board meeting minutes. However, its financial health is troubling, with an extremely high liabilities to assets ratio of 82.41%, raising red flags about its financial stability.
While the organization excels in program expense ratio, indicating that all of its expenses are directed toward its programs, it lacks crucial transparency in financial reporting. The absence of financial statements and missing policies for conflict of interest, whistleblower protection, and document retention detract from its overall accountability. This lack of documentation has led to a low score in this area, highlighting potential issues with governance and risk management.
This AI summary has been generated from information found on Charity Navigator.
Is The Gift Of Learning Foundation Inc legitimate?
The Gift Of Learning Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gift Of Learning 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: $916,155
For more financial information, click here
What is the mission statement of The Gift Of Learning Foundation Inc?
The Gift of Learning Foundation Inc's mission is centered around providing top-notch education in a private setting. Their primary objective is to offer educational opportunities to children in the area, ensuring they receive an outstanding education. The organization strives to deliver its educational programs with high quality and commitment.
Who is the CEO of The Gift Of Learning Foundation Inc?
Jennifer Kite is the Vp of The Gift Of Learning Foundation Inc.
What is the revenue of The Gift Of Learning Foundation Inc?
The Gift Of Learning Foundation Inc's revenue in 2023 was $1,765,559.
Who are the executives of The Gift Of Learning Foundation Inc and what are their salaries?
The average compensation at The Gift Of Learning Foundation Inc during 2023 was $48,219. There are 19 employees at The Gift Of Learning Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $73,240
- Related: $0
- Other: $0
- Compensation: $61,842
- Related: $0
- Other: $0
- Compensation: $36,000
- Related: $0
- Other: $0
Where can I find the form 990 for The Gift Of Learning Foundation Inc?
The Gift Of Learning Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Gift Of Learning Foundation Inc
The Gift of Learning Foundation Inc is dedicated to delivering top-notch education in a private setting. Their mission is centered around educating children in the area, ensuring they have access to exemplary educational opportunities. The organization aims to provide a service that prioritizes high-quality education, thereby contributing positively to the children's overall development.
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Impact
July, 2024
The Gift Of Learning Foundation Inc's impact can be seen in the improved educational opportunities it provides to children in the Orlando area. Through its program services, the organization ensures high-quality education in a private setting, ultimately contributing to the academic growth and development of the students. Their mission to educate children throughout the area underscores their commitment to offering outstanding educational opportunities that make a difference in the lives of young learners.
This information is meant to be a general summary of The Gift Of Learning 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.
- Program Service Revenue: $1,609,883
- Gross Receipts: $1,765,559
Assets and Liabilities:
- Total Assets: $2,182,040
- Total Liabilities: $1,798,360
- Net Assets: $383,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$1,496,926
FOOD INCOME
Revenue
$105,285
UNIFORM INCOME
Revenue
$7,672
Organization Details
Founding Year
1991
Principal Officer
Jennifer Kite
Main Address
1877 WEST OAKRIDGE ROAD, ORLANDO, FL, 32809
NTEE Category
Code: P53Z - Human services
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