Overview
What is Union City School Foundation?
The Union City School Foundation is a dedicated nonprofit organization situated in Union City, Tennessee. Its primary mission is to bolster the public education system of the city by engaging with the Union City board of education and offering scholarships to deserving students. By doing so, the foundation aims to contribute to the overall growth and development of the community's educational landscape, thereby supporting the future generations of Union City.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Union City School Foundation has received a Two-Star rating from Charity Navigator, reflecting a score of 73%. This score is based solely on their Accountability & Finance metrics, indicating strengths in areas such as independent board membership and the absence of material diversion of assets, contributing to their overall financial health.
Notably, the foundation boasts 100% independent board members and a strong program expense ratio of 95.21%, which shows that the majority of their funds are directed towards program services. Additionally, they maintain transparency through documented board meeting minutes and have a commendable liabilities to assets ratio of 0.00%, indicating no current liabilities.
However, while the foundation's score is solid in accountability and finance, there may be areas for improvement in overall effectiveness and impact metrics, which are not reflected in their current rating. Overall, the Union City School Foundation demonstrates strong financial practices but may benefit from enhancing its performance evaluation criteria.
This AI summary has been generated from information found on Charity Navigator.
Is Union City School Foundation legitimate?
Union City School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union City School 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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Other Salaries and Wages: $0
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What is the mission statement of Union City School Foundation?
The Union City School Foundation's mission is centered around supporting the public education system. Specifically, its purpose is to contribute to this cause through various initiatives, including collaborations with the Union City board of education and granting scholarships. The organization's ultimate goal is to enhance the educational experience and opportunities for students. By doing so, it aims to contribute positively to the overall development of the community. The Foundation's activities are geared towards enhancing the quality of education and providing financial assistance to deserving students.
Who is the CEO of Union City School Foundation?
Jay Davis is the Board Member of Union City School Foundation.
What is the revenue of Union City School Foundation?
Union City School Foundation's revenue in 2023 was $44,914.
Who are the executives of Union City School Foundation and what are their salaries?
There 20 volunteers at Union City School Foundation.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Union City School Foundation?
Union City School Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Union City School Foundation
The Union City School Foundation, as its name suggests, is committed to upholding the public education system within the city of Union City, Tennessee. This nonprofit organization embodies this mission by engaging in various supportive initiatives, such as collaborating with the Union City board of education and granting scholarships. By doing so, the Union City School Foundation aims to contribute positively to the educational landscape of its city, ensuring that its public education system thrives and continues to provide opportunities for growth and development for its students.
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Impact
August, 2024
The impact of the Union City School Foundation is evidenced through its support of the public education system in Union City, TN. Through programs such as scholarships and assistance to the Union City Board of Education, the foundation plays a crucial role in enhancing educational opportunities for students in the community. By providing resources and funding to the local schools, the foundation helps to ensure that students have access to quality education and support services. Overall, the Union City School Foundation's work directly contributes to the improvement of the educational experience and outcomes for students in Union City, TN.
This information is meant to be a general summary of Union City School 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: $42,814
- Gross Receipts: $44,914
Assets and Liabilities:
- Total Assets: $502,191
- Total Liabilities: $0
- Net Assets: $502,191
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Organization Details
Founding Year
1996
Phone
(731) 885-3661Principal Officer
Jay Davis
Main Address
PO BOX 749 624 E REELFOOT AVE, UNION CITY, TN, 38261
NTEE Category
Code: B99Z - Education
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