Overview
What is Kentucky School Boards Association Educational Foundation Inc?
Kentucky School Boards Association Educational Foundation Inc is a nonprofit organization situated in Frankfort, Kentucky, with an address at 260 Democratic Drive, 40601. Their primary mission is to promote and support local governance in public education. They accomplish this by sponsoring various research, educational programs, and scholarships related to local public school district governance and leadership. One of their notable initiatives is the KY Center for School Safety, which offers independent school assessments to enhance learning environments and provide needs assessments for school safety plans. These assessments play a crucial role in the school's Comprehensive School Improvement Plan.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55% (One-Star out of Four Star rating)
The Kentucky School Boards Association Educational Foundation Inc has received a low rating of 55%, indicating significant areas of concern regarding its accountability and financial management. While the organization has a fully independent board and no reported material diversion of assets, it struggles with transparency in its financial reporting. The lack of financial statements and essential policies, such as conflict of interest and whistleblower policies, detracts from its overall accountability.
On a positive note, the foundation allocates a high percentage of its expenses directly towards its programs, boasting a program expense ratio of 99.16%. This suggests a strong commitment to its mission. However, the absence of critical documentation and information on its website raises questions about its operational practices and governance.
In summary, despite some strengths in its board independence and program spending, the Kentucky School Boards Association Educational Foundation Inc faces significant challenges that impact its overall rating. Addressing the transparency and accountability issues would be essential for improving its standing and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky School Boards Association Educational Foundation Inc legitimate?
Kentucky School Boards Association Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky School Boards Association 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: $83,011
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What is the mission statement of Kentucky School Boards Association Educational Foundation Inc?
The Kentucky School Boards Association Educational Foundation Inc's mission revolves around advancing the local governance of public education. They achieve this by sponsoring research, educational programs, and scholarships pertaining to local public school district governance and leadership. The organization's activities aim to strengthen the administration and management of public schools at the local level. The Kentucky School Boards Association Educational Foundation Inc also provides schools with independent reviews of their climate and culture, focusing on enhancing the learning environment. These assessments are followed by a needs assessment, which can be utilized in developing the school safety component of the Comprehensive School Improvement Plan.
Who is the CEO of Kentucky School Boards Association Educational Foundation Inc?
David Turner is the Treasurer of Kentucky School Boards Association Educational Foundation Inc.
What is the revenue of Kentucky School Boards Association Educational Foundation Inc?
Kentucky School Boards Association Educational Foundation Inc's revenue in 2023 was $717,707.
Who are the executives of Kentucky School Boards Association Educational Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Kentucky School Boards Association Educational Foundation Inc?
Kentucky School Boards Association Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kentucky School Boards Association Educational Foundation Inc
Kentucky School Boards Association Educational Foundation Inc is committed to advancing the local governance of public education. They achieve this mission by sponsoring research, educational programs, and scholarships related to local public school district governance and leadership. This nonprofit organization aims to strengthen the decision-making process in schools and empower those responsible for shaping the educational landscape. One of their initiatives includes the KY Center for School Safety, which conducts school assessments to review a school's climate and culture and identify areas for improvement to enhance the learning environment. These assessments can also be used to develop the school safety component of the school's Comprehensive School Improvement Plan. By focusing on local governance, Kentucky School Boards Association Educational Foundation Inc seeks to promote effective leadership and informed decision-making in public education.
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Impact
July, 2024
Kentucky School Boards Association Educational Foundation Inc's impact lies in the advancement of local governance of public education. Through their sponsorship of research, educational programs, and scholarships related to local public school district governance and leadership, they support the enhancement of the learning environment within schools. One key initiative is the KY Center for School Safety's school assessments, which provide schools with an independent review of their climate and culture to improve the overall learning environment. Additionally, the foundation's work helps schools in developing comprehensive school improvement plans by assessing their safety needs. Their commitment to education contributes to the betterment of school governance and leadership in Kentucky.
This information is meant to be a general summary of Kentucky School Boards Association 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.
- Gross Receipts: $717,707
Assets and Liabilities:
- Total Assets: $316,937
- Total Liabilities: $200,820
- Net Assets: $116,117
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Organization Details
Founding Year
1992
Principal Officer
David Turner
Main Address
260 DEMOCRATIC DRIVE, FRANKFORT, KY, 40601
NTEE Category
Code: B94Z - Education
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