Overview
What is The Desoto County Education Foundation Inc?
The Desoto County Education Foundation Inc, based in Arcadia, Florida (PO Box 1903), is a nonprofit organization dedicated to enhancing the quality of public education in the area. They primarily achieve this by focusing the private sector on supporting public education. One of their key initiatives is providing college scholarships to high school students in Desoto County. These scholarships are awarded based on the criteria set by the donors. By offering these scholarships, the foundation aims to inspire and empower local students, contributing to the development of a well-educated community.
Official website here: www.desotoeducationfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Desoto County Education Foundation Inc has achieved a Three-Star rating with a score of 77%, indicating a solid performance in accountability and finance aspects. This rating reflects the charity's commitment to maintaining an independent board, with 100% of members being independent, and a strong program expense ratio of 92.63%, which shows that a significant portion of its resources is directed towards its educational programs.
Several strengths contribute to its score, including a well-defined conflict of interest policy and transparency in operations, as evidenced by the availability of board meeting minutes and the listing of its website on the tax form. The organization has effectively managed its finances, with a liabilities to assets ratio of 0.00%, indicating no outstanding liabilities relative to assets.
However, there is a notable limitation: the absence of a whistleblower policy, which received a score of 0 out of 4 points. This gap in governance could potentially raise concerns regarding transparency and the protection of reporting individuals within the organization. Overall, while the foundation demonstrates strong financial health and accountability, addressing the missing whistleblower policy would enhance its credibility further.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Desoto County Education Foundation Inc?
The Desoto County Education Foundation Inc has received enthusiastic support from its community, with all reviews expressing strong appreciation for its efforts. The organization is recognized for making a significant impact on local education, particularly benefiting schools, teachers, and students within the DeSoto County school district.
Enthusiastic remarks highlight the foundation's positive contributions, affirming its role in improving educational experiences. The review provided underscores the organization's commitment and the difference it is making in the community. Overall, there is a clear sentiment of gratitude and approval among supporters.
This AI summary has been generated from reviews found on Facebook.
Is The Desoto County Education Foundation Inc legitimate?
The Desoto County Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Desoto County 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:
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For more financial information, click here
Official website here: www.desotoeducationfoundation.com
What is the mission statement of The Desoto County Education Foundation Inc?
The Desoto County Education Foundation Inc's primary mission is to engage the private sector in improving and enhancing the quality of public education. They achieve this by focusing their efforts on providing support to the education sector. One of their key activities is offering college scholarships to high school students in Desoto County. The scholarships are awarded based on the criteria set by the donors.
Official website here: www.desotoeducationfoundation.com
Who is the CEO of The Desoto County Education Foundation Inc?
William Hackney is the Director of The Desoto County Education Foundation Inc.
Official website here: www.desotoeducationfoundation.com
What is the revenue of The Desoto County Education Foundation Inc?
The Desoto County Education Foundation Inc's revenue in 2023 was $611,050.
Official website here: www.desotoeducationfoundation.com
Who are the executives of The Desoto County Education Foundation Inc and what are their salaries?
There 16 volunteers at The Desoto County Education Foundation Inc.
Here are 16 key members and their salaries:
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Official website here: www.desotoeducationfoundation.com
Where can I find the form 990 for The Desoto County Education Foundation Inc?
The Desoto County Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.desotoeducationfoundation.com
Learn more at the official website: www.desotoeducationfoundation.com
Mission Statement of The Desoto County Education Foundation Inc
The Desoto County Education Foundation Inc, as its primary mission, seeks to engage the private sector in enhancing the quality and support for public education. This nonprofit organization focuses on providing scholarships to high school students in Desoto County, awarding college scholarships based on the criteria set by the donors. By doing so, it aims to contribute to the betterment of public education and support the future of its students. The foundation's mission is to foster a collaborative relationship between the private sector and public education, ultimately aiming to enhance the overall educational experience for students in Desoto County.
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Impact
July, 2024
The Desoto County Education Foundation Inc plays a crucial role in enhancing the quality of public education in Desoto County, Florida. Through providing scholarships to high school students, the organization empowers deserving individuals to pursue higher education and achieve their academic goals. By engaging the private sector in supporting public education, the foundation contributes to the overall improvement of the educational landscape in the community. This impact is vital in creating opportunities for students and strengthening the educational foundation of the county.
This information is meant to be a general summary of The Desoto County 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: $6,764
- Gross Receipts: $611,130
Assets and Liabilities:
- Total Assets: $697,245
- Total Liabilities: $0
- Net Assets: $697,245
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Organization Details
Founding Year
1997
Phone
(863) 494-4222Principal Officer
William Hackney
Main Address
PO BOX 1903, ARCADIA, FL, 34265
NTEE Category
Code: B90 - Education
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