Overview
What is Vacaville Public Education Foundation?
Vacaville Public Education Foundation, based in Vacaville, California, serves as a vital advocate for the Vacaville Unified School District. Their primary mission is to preserve and enhance the educational programs available to students within the district. To accomplish this goal, they offer financial support for initiatives that enhance the overall educational experience, aiming to improve its quality. The Foundation's activities are focused on providing resources for programs that cater to various educational needs, ultimately benefiting the students in the district.
Official website here: www.vpef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Stars
The Vacaville Public Education Foundation has received a low score of 52% from Charity Navigator, resulting in a One-Star rating. This rating indicates significant concerns regarding accountability and financial transparency within the organization. The absence of independent board members and missing critical policies, such as conflict of interest and whistleblower policies, raises red flags about governance practices.
Despite these challenges, the foundation demonstrates strong program expense management, with a program expense ratio of 95.73%. This suggests that the majority of its funds are allocated directly toward its educational initiatives, which is a positive aspect of its operational focus. However, the lack of financial statements and transparency in board governance issues remains a serious limitation.
The foundation's liabilities to assets ratio is healthy at 6.84%, indicating a stable financial position. However, the organization's overall lack of compliance with recommended governance standards and the absence of necessary documentation diminish its credibility. Stakeholders and potential donors should be cautious and consider these factors when evaluating the foundation's performance and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Vacaville Public Education Foundation legitimate?
Vacaville Public Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vacaville Public 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.
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Official website here: www.vpef.org
What is the mission statement of Vacaville Public Education Foundation?
The Vacaville Public Education Foundation's mission is to support financially various programs that aim to enhance and elevate the educational experience within the Vacaville Unified School District. Their primary goal is to improve the quality of education by providing financial resources. In essence, their role is to preserve and foster educational programs for the betterment of the students.
Official website here: www.vpef.org
What is the revenue of Vacaville Public Education Foundation?
Vacaville Public Education Foundation's revenue in 2023 was $41,973.
Official website here: www.vpef.org
Who are the executives of Vacaville Public Education Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.vpef.org
Where can I find the form 990 for Vacaville Public Education Foundation?
Vacaville Public Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vpef.org
Learn more at the official website: www.vpef.org
Mission Statement of Vacaville Public Education Foundation
The Vacaville Public Education Foundation is dedicated to supporting the educational environment within the Vacaville Unified School District. Their primary mission is to provide financial backing for programs that enhance and elevate the quality of education for the district's students. By doing so, they aim to preserve and uphold these educational programs for the benefit of the students, ultimately contributing to their overall development and success.
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Impact
July, 2024
Vacaville Public Education Foundation's impact is evident in its provision of financial support for programs that enrich and improve the quality of the educational environment in the Vacaville Unified School District. Through its efforts, the foundation contributes to the preservation of educational programs for the benefit of students in the district, thereby enhancing the overall learning experience and opportunities available to them.
This information is meant to be a general summary of Vacaville Public 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 2023.
- Investment Income: $8,100
- Gross Receipts: $41,973
Assets and Liabilities:
- Total Assets: $2,054,105
- Total Liabilities: $140,591
- Net Assets: $1,913,514
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Organization Details
Founding Year
2008
Principal Officer
Nolan Sullivan
Website
www.vpef.orgNTEE Category
Code: B90 - Education
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