Overview
What is Citrus County Education Foundation?
The Citrus County Education Foundation is a nonprofit organization located in Inverness, Florida. With a team of five dedicated individuals, their primary mission is to boost the educational standards in Citrus County schools. They achieve this by encouraging business and community involvement in the public school system, fostering innovative educational programs, and recognizing outstanding achievements among students, teachers, support personnel, and administrators. The foundation supports this mission by providing mini-grants to teachers, thereby enhancing their ability to enrich the learning experience for their students. By promoting creative educational initiatives and fostering excellence in learning, the Citrus County Education Foundation contributes significantly to the overall development of the local educational system.
Official website here: www.citruseducation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Citrus County Education Foundation has received a solid rating of 88%, reflecting a strong performance in the area of Accountability & Finance. With this score, the organization demonstrates a commitment to transparency and effective governance, highlighted by metrics such as 100% independent board members and a sound financial structure, evidenced by a low liabilities to assets ratio of just 0.12%.
Strengths noted in the evaluation include an independent board size of 20 members and the absence of material diversion of assets, which suggests prudent management. Additionally, the foundation shows a high program expense ratio of 82.62%, indicating that a significant portion of its resources is directed towards its educational mission rather than administrative costs.
However, the rating also points out some limitations, such as the absence of a whistleblower policy and document retention and destruction policies. Furthermore, the nonprofit's tax form is not available on its website, which could hinder transparency. Addressing these areas could enhance the foundation's overall accountability and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Citrus County Education Foundation legitimate?
Citrus County Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Citrus County Education Foundation 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: $74,823
For more financial information, click here
Official website here: www.citruseducation.org
What is the mission statement of Citrus County Education Foundation?
The Citrus County Education Foundation's mission is centered around supporting local schools to enhance the quality of education. The organization is dedicated to encouraging business and community involvement in the public school system, promoting innovative educational programs, fostering excellence in learning, and recognizing outstanding achievements of students, teachers, support personnel, and administrators. By providing resources, the foundation aims to contribute to a creative and engaging learning environment in Citrus County schools.
Official website here: www.citruseducation.org
Who is the CEO of Citrus County Education Foundation?
White David is the President of Citrus County Education Foundation.
Official website here: www.citruseducation.org
What is the revenue of Citrus County Education Foundation?
Citrus County Education Foundation's revenue in 2022 was $938,976.
Official website here: www.citruseducation.org
Who are the executives of Citrus County Education Foundation and what are their salaries?
The average compensation at Citrus County Education Foundation during 2022 was $14,965. There are 5 employees at Citrus County Education Foundation.
Here are 6 key members and their salaries:
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Official website here: www.citruseducation.org
Where can I find the form 990 for Citrus County Education Foundation?
Citrus County Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.citruseducation.org
Learn more at the official website: www.citruseducation.org
Mission Statement of Citrus County Education Foundation
The Citrus County Education Foundation, Inc., is committed to enhancing the quality of education in local schools. Their mission is multifaceted, encompassing several key areas. Firstly, they encourage business and community involvement in the public school system, fostering a sense of collaboration and support from the wider community. Secondly, the foundation promotes creative and innovative educational programs, recognizing the importance of inspiring and engaging students through diverse learning experiences. Thirdly, they strive to foster excellence in learning, setting high standards and expectations for students, teachers, support personnel, and administrators alike. Lastly, the Citrus County Education Foundation recognizes outstanding achievements across various sectors of the educational system, celebrating the successes and contributions of individuals who contribute to the overall success of the educational community.
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Impact
July, 2024
The Citrus County Education Foundation has a significant impact on the local education system in Citrus County, Florida. By providing resources to support schools, the foundation enhances the quality of education for students. Through initiatives that encourage business and community involvement, promote innovative educational programs, and foster excellence in learning, the foundation plays a crucial role in advancing the educational experience of students in the area. Additionally, by recognizing outstanding achievements of students, teachers, support personnel, and administrators, the foundation uplifts and celebrates those who contribute to the success of the educational community. Through activities such as providing funds to teachers via mini-grants and honoring educators and staff for their exemplary work, the Citrus County Education Foundation positively impacts education in the region.
This information is meant to be a general summary of Citrus County Education Foundation. 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: -$12,977
- Gross Receipts: $1,085,921
Assets and Liabilities:
- Total Assets: $904,685
- Total Liabilities: $1,191
- Net Assets: $903,494
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Organization Details
Founding Year
1992
Phone
(352) 726-1931Principal Officer
White David
Main Address
PO BOX 2004, INVERNESS, FL, 34451
Website
www.citruseducation.orgNTEE Category
Code: B99Z - Education
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