Overview
What is Florida Keys Educational Foundation Inc?
Florida Keys Educational Foundation Inc, with its headquarters at 5901 College Road, Key West, Florida, serves as a crucial supporter for the College of the Florida Keys (CFK). This nonprofit organization, also known as the CFK Foundation, fulfills its mission by soliciting, administering, and optimizing private donations, bequests, and gifts through matching programs. These contributions aid CFK's students and enhance teaching and learning within the college. The Florida Keys Educational Foundation's primary objective is to provide financial and essential support, thereby furthering the mission and goals of the College of the Florida Keys.
Official website here: www.cfk.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
Florida Keys Educational Foundation Inc has received an overall rating of 88%, which reflects strong accountability and financial management practices. The charity excels in areas such as having a fully independent board and effective oversight of financial statements, achieving full points in these categories. The program expense ratio stands at an impressive 93.71%, indicating that a significant majority of its funding is directed towards its educational programs.
The organization's financial health is further evidenced by a low liabilities-to-assets ratio of 0.22%, showcasing its stability. However, there are some noted gaps in governance policies, particularly the absence of a whistleblower policy and document retention and destruction policies. Despite these limitations, the foundation demonstrates a commitment to transparency by posting its tax form on its website.
Overall, Florida Keys Educational Foundation Inc appears to be a well-managed charity focused on educational initiatives, with a strong emphasis on accountability. While the missing policies are areas for improvement, the foundation's high percentage of program expenses suggests a dedication to its mission and beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Florida Keys Educational Foundation Inc?
86% of reviewers recommend Florida Keys Educational Foundation Inc based on 47 reviews. Here's a summary of their insights:
Many individuals express deep appreciation for the organization, describing it as a "second family." The overwhelming sentiment highlights a strong sense of gratitude towards the services and support provided, indicating that the foundation plays a vital role in the community it serves.
Overall, those who engage with the foundation feel positively about their experiences, showcasing a commitment to its mission and the impact it has on individuals' lives. The organization appears to deliver meaningful support, fostering a nurturing environment for its participants.
This AI summary has been generated from reviews found on Facebook.
Is Florida Keys Educational Foundation Inc legitimate?
Florida Keys Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Keys Educational 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: $0
For more financial information, click here
Official website here: www.cfk.edu
What is the mission statement of Florida Keys Educational Foundation Inc?
The Florida Keys Educational Foundation Inc's mission is to provide financial and essential support, enhancing teaching and learning at the College of the Florida Keys (CFK). This organization aids in achieving CFK's mission by soliciting, administering, and optimizing private donations and gifts through matching programs. Their primary goal is to support CFK's students and contribute to the betterment of the educational institution.
Official website here: www.cfk.edu
Who is the CEO of Florida Keys Educational Foundation Inc?
Robert Stoky is the Chair of Florida Keys Educational Foundation Inc.
Official website here: www.cfk.edu
What is the revenue of Florida Keys Educational Foundation Inc?
Florida Keys Educational Foundation Inc's revenue in 2023 was $749,474.
Official website here: www.cfk.edu
Who are the executives of Florida Keys Educational Foundation Inc and what are their salaries?
There 13 volunteers at Florida Keys Educational Foundation Inc.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $104,086
- Other: $40,183
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- Related: $27,713
- Other: $6,948
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Official website here: www.cfk.edu
Where can I find the form 990 for Florida Keys Educational Foundation Inc?
Florida Keys Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cfk.edu
Learn more at the official website: www.cfk.edu
Mission Statement of Florida Keys Educational Foundation Inc
The Florida Keys Educational Foundation Inc is committed to providing financial and essential support to further the mission and goals of the College of the Florida Keys (CFK). Their mission is to solicit, administer, and optimize private gifts, bequests, and donations through matching programs, with the aim of supporting CFK's students and enhancing teaching and learning at the college. Essentially, the Florida Keys Educational Foundation serves as a bridge between potential donors and the College of the Florida Keys, ensuring that the college has the necessary resources to achieve its objectives and provide a quality education to its students.
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Impact
July, 2024
Florida Keys Educational Foundation Inc's impact lies in providing crucial financial and other support that furthers the mission and goals of the College of the Florida Keys. By soliciting, administering, and optimizing private gifts, bequests, and donations, the foundation plays a vital role in supporting CFK's students and enhancing teaching and learning at the institution. Through these efforts, the foundation positively impacts the educational experience of CFK students and contributes to the overall success of the college in Key West, Florida.
This information is meant to be a general summary of Florida Keys Educational 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: $206,604
- Gross Receipts: $1,561,850
Assets and Liabilities:
- Total Assets: $6,581,784
- Total Liabilities: $15,080
- Net Assets: $6,566,704
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Organization Details
Founding Year
1996
Phone
(305) 809-3299Principal Officer
Robert Stoky
Main Address
5901 COLLEGE ROAD, KEY WEST, FL, 33040
Website
www.cfk.eduNTEE Category
Code: B80 - Education
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