Overview
What is Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation)?
The Joseph S Bruno Educational Foundation, previously known as the Joseph S Bruno Foundation, is a nonprofit organization based in Birmingham, Alabama. Located at 5509 Timberhill Road, their primary mission is to offer a nurturing learning environment for children aged 22 months to the eighth grade. This environment is designed to foster independence, responsibility, resourcefulness, and organizational skills in students, ensuring a holistic learning experience. The foundation currently employs 38 individuals in carrying out this mission.
Official website here: www.jbma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Joseph S Bruno Educational Foundation has received a mixed evaluation, reflected in its 73% rating from Charity Navigator. While the foundation demonstrates strong accountability in areas such as board independence and financial management, it falls short in critical governance policies, specifically regarding its whistleblower and document retention practices.
The foundation excels in its program expense ratio, indicating that a significant portion of its resources is directed towards its educational mission. All board members are independent, which strengthens its governance structure, and there are no reported issues of asset diversion. However, the lack of a whistleblower policy and deficiencies in document retention may raise concerns about transparency and accountability in its operations.
Overall, while the Joseph S Bruno Educational Foundation shows promise in its financial health and programmatic focus, its governance shortcomings highlight areas that need improvement to enhance trust and effectiveness in its charitable activities.
This AI summary has been generated from information found on Charity Navigator.
Is Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation) legitimate?
Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,422,080
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Official website here: www.jbma.org
What is the mission statement of Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation)?
The Joseph S Bruno Educational Foundation, formerly known as the Joseph S Bruno Foundation, aims to establish a conducive learning environment for young children. At the Bruno Montessori Academy, their mission is to foster independence, responsibility, resourcefulness, and organizational skills in their students. They believe in providing a comprehensive learning experience that allows children between the ages of 22 months and eighth grade to enjoy their educational journey.
Official website here: www.jbma.org
Who is the CEO of Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation)?
Robert Sprain is the Principal Officer of Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation).
Official website here: www.jbma.org
What is the revenue of Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation)?
Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation)'s revenue in 2023 was $2,893,975.
Official website here: www.jbma.org
Who are the executives of Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation) and what are their salaries?
The average compensation at Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation) during 2023 was $37,423. There are 38 employees at Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation).
Here are 5 key members and their salaries:
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Official website here: www.jbma.org
Where can I find the form 990 for Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation)?
Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation)'s most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jbma.org
Learn more at the official website: www.jbma.org
Mission Statement of Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno Foundation)
The Joseph S Bruno Educational Foundation, formerly known as the Joseph S Bruno Foundation, is committed to establishing an educational environment tailored for young children. At the Bruno Montessori Academy, this foundation encourages its students to cultivate qualities such as independence, responsibility, resourcefulness, and organizational skills, all while immersing themselves in a comprehensive learning experience. The Joseph S Bruno Educational Foundation caters to children as young as 22 months old and continues its support until they complete the eighth grade.
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Impact
July, 2024
The Joseph S Bruno Educational Foundation, formerly known as the Joseph S Bruno Foundation, has a significant impact in providing a learning environment for young children. Specifically, the foundation supports the Joseph S. Bruno Montessori Academy in Birmingham, Alabama, where children from 22 months of age through the eighth grade are nurtured and educated. The Academy's mission is to encourage students to develop independence, responsibility, resourcefulness, and organizational skills, thus offering a holistic and enriching learning experience. Through its educational initiatives, the foundation plays a crucial role in shaping the future of these children and empowering them to reach their full potential.
This information is meant to be a general summary of Joseph S Bruno Educational Foundation (Formerly Joseph S Bruno 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: $758,014
- Program Service Revenue: $1,537,190
- Gross Receipts: $5,775,170
Assets and Liabilities:
- Total Assets: $7,375,401
- Total Liabilities: $662,688
- Net Assets: $6,712,713
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,525,663
OTHER REVENUE
Revenue
$6,622
CAFETERIA REVENUE
Revenue
$4,905
Organization Details
Founding Year
1982
Phone
(205) 991-6809Principal Officer
Robert Sprain
Main Address
5509 TIMBERHILL ROAD, BIRMINGHAM, AL, 35242
Website
www.jbma.orgNTEE Category
Code: B210 - Education
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