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Pendleton County Education Fdn

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611228222 ✦ Falmouth, KY ✦ Designated as a 501(c)(3)

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Overview

What is Pendleton County Education Fdn?

The Pendleton County Education Foundation is a nonprofit organization with a mission to support the educational growth of local students and schools in Pendleton County. They accomplish this by collecting funds and allocating scholarships to deserving students who excel academically, engage in community service, and demonstrate personal achievements. Additionally, the foundation assists Pendleton schools with covering special expenses, contributing to the overall educational development in the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall score: 73%)

The Pendleton County Education Foundation has received a rating of "Needs Improvement" from Charity Navigator, reflecting a mixed evaluation of its accountability and financial practices. While the organization boasts a strong commitment to governance with 100% independent board members and no material diversion of assets, it struggles with transparency, as evidenced by missing essential policies and documents on its website.

Strengths include a high program expense ratio of 81.93%, indicating that the majority of its funds are directed towards its educational initiatives. Additionally, the foundation maintains a favorable liabilities to assets ratio of 0.00%, which suggests a stable financial position. However, the lack of key governance policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about its operational integrity.

Overall, while Pendleton County Education Foundation demonstrates a commitment to its mission and effective program spending, the deficiencies in transparency and governance policies highlight areas needing improvement. Addressing these gaps could enhance its overall performance and trust among stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Pendleton County Education Fdn legitimate?

Pendleton County Education Fdn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pendleton County Education Fdn 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

What is the mission statement of Pendleton County Education Fdn?

The Pendleton County Education Foundation's mission is to provide scholarships for deserving students from Pendleton County. These students are recognized for their academic excellence, community service, and personal achievements. The foundation's primary objective is to collect funds to support these students in pursuing advanced degrees and to aid Pendleton schools in managing special expenses. By offering scholarships, the foundation aims to motivate and empower these students, contributing to their future success.

Who is the CEO of Pendleton County Education Fdn?

Adam Hall is the President-Elect of Pendleton County Education Fdn.

What is the revenue of Pendleton County Education Fdn?

Pendleton County Education Fdn's revenue in 2022 was $45,992.

Who are the executives of Pendleton County Education Fdn and what are their salaries?

There 10 volunteers at Pendleton County Education Fdn.


Here are 10 key members and their salaries:


Kay Mudd (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Heringer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Clore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Flynn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Buerkley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Craig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Delaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Mckinney (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Seever (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pendleton County Education Fdn?

Pendleton County Education Fdn's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pendleton County Education Fdn

The Pendleton County Education Foundation is an organization dedicated to supporting the educational aspirations of students within Pendleton County. Its primary mission is to award scholarships to deserving students who demonstrate excellent academic performance, active community involvement, and personal achievements. The foundation collects funds to aid Pendleton County students in pursuing advanced degrees and also assists local schools in meeting their special expense needs. By providing these scholarships, the Pendleton County Education Foundation aims to empower its students, fostering their growth and development beyond the confines of their immediate educational environment.

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Impact




August, 2024

The impact of Pendleton County Education Fdn is felt through the opportunities it provides to Pendleton County students. By giving scholarships to students with good grades, community service experience, and personal achievements, the foundation supports these individuals in pursuing higher education and achieving their academic goals. Additionally, by collecting funds to assist Pendleton County schools with special expenses, the foundation helps create a more supportive and enriched learning environment for the local community. Through these efforts, Pendleton County Education Fdn positively impacts the education and future prospects of students in Pendleton County, Kentucky.




This information is meant to be a general summary of Pendleton County Education Fdn. 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.

Revenue
$45,992 (2022)
Expenses
$312,946 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $287
  • Gross Receipts: $49,530

Assets and Liabilities:

  • Total Assets: $1,532,541
  • Total Liabilities: $0
  • Net Assets: $1,532,541

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Organization Details

Founding Year

1992

Principal Officer

Adam Hall

Main Address

PO BOX 88, FALMOUTH, KY, 41040

NTEE Category

Code: B82 - Education

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