Overview
What is Mountain Brook City Schools Foundation?
Mountain Brook City Schools Foundation is a nonprofit organization based in Birmingham, Alabama, specifically at 32 Vine Street, committed to boosting the educational standards of the Mountain Brook City School System. Their primary objective is to gather community support and resources, channeling them towards academic advancements. This includes funding for technological upgrades to enhance instructional materials, library enhancements, and professional development. During the COVID-19 pandemic, they contributed to relief efforts with a general grant. Their team consists of a modest workforce of 1 employee.
Official website here: www.mtnbrookschoolsfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Stars
The Mountain Brook City Schools Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. This rating is based entirely on its exemplary performance in the Accountability & Finance beacon, showcasing a robust organizational structure with 100% independent board members and a substantial board size.
The foundation demonstrates excellent financial oversight, highlighted by a perfect score in its audit and oversight committee. Additionally, there are no indications of material diversion of assets, further reinforcing the organization’s integrity and transparency. The presence of well-established policies, such as conflict of interest and whistleblower protections, contributes to its strong governance framework.
With a program expense ratio of 72.84%, the foundation allocates a significant portion of its resources directly to its mission, underscoring its effectiveness in serving the community. Overall, the Mountain Brook City Schools Foundation displays strengths in financial management and governance, positioning itself as a reliable and impactful nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Mountain Brook City Schools Foundation legitimate?
Mountain Brook City Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mountain Brook City Schools 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mtnbrookschoolsfoundation.com
What is the mission statement of Mountain Brook City Schools Foundation?
The Mountain Brook City Schools Foundation's mission is centered around mobilizing community support and resources for the academic improvement of its school system. This is achieved primarily through initiatives such as technological advancements, library enhancement, and professional development. The funds raised by the Foundation contribute to a permanent endowment, aiming to enhance the educational experience for students. The Foundation has provided grants for technological upgrades to support the use of instructional materials and a general grant for Covid-19 relief.
Official website here: www.mtnbrookschoolsfoundation.com
Who is the CEO of Mountain Brook City Schools Foundation?
Key R Hudson is the President of Mountain Brook City Schools Foundation.
Official website here: www.mtnbrookschoolsfoundation.com
What is the revenue of Mountain Brook City Schools Foundation?
Mountain Brook City Schools Foundation's revenue in 2022 was $1,759,679.
Official website here: www.mtnbrookschoolsfoundation.com
Who are the executives of Mountain Brook City Schools Foundation and what are their salaries?
The average compensation at Mountain Brook City Schools Foundation during 2022 was $85,000. There is 1 employee and 60 volunteers at Mountain Brook City Schools Foundation.
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Official website here: www.mtnbrookschoolsfoundation.com
Where can I find the form 990 for Mountain Brook City Schools Foundation?
Mountain Brook City Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mtnbrookschoolsfoundation.com
Learn more at the official website: www.mtnbrookschoolsfoundation.com
Mission Statement of Mountain Brook City Schools Foundation
Mountain Brook City Schools Foundation is an organization dedicated to supporting the academic improvement of the Mountain Brook City School System. Their mission is to mobilize community resources and generate funds that contribute to a permanent endowment. The Foundation focuses on three key areas for enhancement: technological advancements, library upgrades, and professional development for educators. By investing in these sectors, the Foundation aims to foster a learning environment that encourages the use of innovative instructional materials and promotes the growth and development of teachers, ultimately benefiting the students of Mountain Brook City Schools. A recent grant from the Foundation was utilized for technological upgrades and Covid-19 relief, further demonstrating their commitment to academic improvement.
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Impact
July, 2024
Mountain Brook City Schools Foundation's impact is significant within the Mountain Brook City School System. Through its efforts to mobilize community support and resources for academic improvement, the Foundation has directly contributed to technological upgrades that support the use of instructional materials. Additionally, the Foundation has provided general grants, including those related to Covid-19 relief, further enriching the educational experience for students and supporting the overall well-being of the school community. The Foundation's dedication to enhancing technological resources, library facilities, and professional development opportunities aligns with its mission to foster educational excellence within the school system.
This information is meant to be a general summary of Mountain Brook City Schools 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 2022.
- Investment Income: $1,076,796
- Gross Receipts: $4,557,540
Assets and Liabilities:
- Total Assets: $10,803,638
- Total Liabilities: $514,983
- Net Assets: $10,288,655
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Organization Details
Founding Year
1992
Phone
(205) 414-0042Principal Officer
Key R Hudson
Main Address
32 Vine Street, Birmingham, AL, 35213
NTEE Category
Code: B94Z - Education
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