Overview
What is Marietta Johnson Organic School Educational Fund Trust?
Marietta Johnson Organic School Educational Fund Trust is a nonprofit organization situated in Mobile, Alabama, dedicated to supporting a specific educational institution. Its primary objective is to generate surplus funds, which are then allocated to benefit Marietta Johnson Organic School. This institution likely provides academic, extracurricular, or other resources to its students, aiming to enrich their learning experience. The Trust's role is essential in ensuring the school's continued operations and growth, ensuring that it has the necessary financial support to accomplish its educational goals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating. This rating reflects the organizational performance of the Marietta Johnson Organic School Educational Fund Trust, which primarily focuses on accountability and finance. The score indicates some strengths but also reveals significant areas for improvement.
The organization demonstrates commendable accountability, with 100% of its board members being independent and no material diversion of assets. However, it shows weaknesses in governance practices, as it lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, the charity's website is not listed on its tax form, which is a critical transparency issue.
Financially, the organization is in a stable position, with a liabilities-to-assets ratio of 0.00%, indicating no debt. It allocates all of its expenses to programs, highlighting a strong commitment to its mission. Nevertheless, the absence of essential governance policies may raise concerns among potential donors regarding the overall management and transparency of operations.
This AI summary has been generated from information found on Charity Navigator.
Is Marietta Johnson Organic School Educational Fund Trust legitimate?
Marietta Johnson Organic School Educational Fund Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marietta Johnson Organic School Educational Fund Trust 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
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What is the mission statement of Marietta Johnson Organic School Educational Fund Trust?
The Marietta Johnson Organic School Educational Fund Trust is an organization with a mission to generate net earnings. However, rather than focusing on its own gains, this organization utilizes its earnings to support a specific school, referred to as the Marietta Johnson Organic School. This mission is aimed at ensuring the school's continued operation and success. The organization's role is essentially to serve as a financial backbone for the Marietta Johnson Organic School.
Who is the CEO of Marietta Johnson Organic School Educational Fund Trust?
Marianne Terry is the Trustee of Marietta Johnson Organic School Educational Fund Trust.
What is the revenue of Marietta Johnson Organic School Educational Fund Trust?
Marietta Johnson Organic School Educational Fund Trust's revenue in 2022 was $86,691.
Who are the executives of Marietta Johnson Organic School Educational Fund Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Marietta Johnson Organic School Educational Fund Trust?
Marietta Johnson Organic School Educational Fund Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marietta Johnson Organic School Educational Fund Trust
The Marietta Johnson Organic School Educational Fund Trust is an organization with a singular focus: to support the Marietta Johnson Organic School. Its mission, in layman's terms, is to generate earnings that can be utilized for the benefit of this educational institution. This organization's purpose is not to engage in various activities or initiatives beyond supporting its named school, but rather to ensure its financial well-being.
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Impact
October, 2024
The Marietta Johnson Organic School Educational Fund Trust significantly impacts the educational landscape by providing essential financial support to the Marietta Johnson Organic School in Mobile, AL. This trust focuses on generating net earnings dedicated to enhancing the school's programs and resources.
By ensuring a steady stream of funding, the trust plays a critical role in fostering innovative educational practices centered around organic learning. This funding helps maintain a rich learning environment where students can thrive, emphasizing creativity, holistic development, and sustainability.
Overall, the trust not only supports the operational needs of the school but also strengthens its commitment to offering a unique educational experience that nurtures the potential of every student.
This information is meant to be a general summary of Marietta Johnson Organic School Educational Fund Trust. 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 2022.
- Investment Income: $86,691
- Gross Receipts: $1,054,841
Assets and Liabilities:
- Total Assets: $2,450,191
- Total Liabilities: $0
- Net Assets: $2,450,191
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Organization Details
Founding Year
1975
Phone
(251) 650-4436Principal Officer
Marianne Terry
Main Address
15 WEST I-65 SERVICE RD N, MOBILE, AL, 36608
NTEE Category
Code: B11 - Education
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