Overview
What is Blount County Education Foundation?
The Blount County Education Foundation is a nonprofit organization, established in 1998, committed to bolstering academic achievements in local schools. By providing grants, they assist teachers in addressing classroom necessities, sponsor a summer academy, and offer resources for at-risk students, tutoring, spelling bees, and graduation celebrations. Furthermore, the foundation funds various activities that uphold public education, ensuring a well-rounded learning environment for students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%
The Blount County Education Foundation has received an 80% rating, which translates to a Three-Star out of Four Star rating, primarily based on its accountability and financial practices. This score reflects a strong commitment to transparency and responsible financial management, earning full points in critical areas such as the absence of material asset diversion and the establishment of a conflict of interest policy.
The foundation demonstrates a highly independent board, with all members being independent, which contributes positively to its governance. Its program expense ratio is notably high at 98.82%, indicating that a significant portion of its resources is allocated directly to fulfilling its mission. Additionally, the foundation maintains a favorable liabilities to assets ratio of 0.56%, showcasing its financial stability.
While the organization excels in many aspects of accountability and finance, the overall rating is solely based on these criteria, which may not fully represent other operational aspects or the impact of its educational initiatives. Nevertheless, the foundation's strong financial practices highlight its commitment to serving the educational needs of the Blount County community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Blount County Education Foundation legitimate?
Blount County Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blount County 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Blount County Education Foundation?
The Blount County Education Foundation, established in 1998, was incorporated with a mission to foster academic excellence in local schools. This mission is carried out by providing grants to assist teachers in meeting their classroom needs, organizing a summer academy, and offering tutoring services for at-risk students. The foundation also supports various educational activities, such as scholars bowl, spelling bee, and graduation celebrations, and provides funds for initiatives that contribute to the overall improvement of public education.
Who is the CEO of Blount County Education Foundation?
Jeff Hallmark is the Member of Blount County Education Foundation.
What is the revenue of Blount County Education Foundation?
Blount County Education Foundation's revenue in 2022 was $1,883,215.
Who are the executives of Blount County Education Foundation and what are their salaries?
There 30 volunteers at Blount County Education Foundation.
Here are 16 key members and their salaries:
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Where can I find the form 990 for Blount County Education Foundation?
Blount County Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blount County Education Foundation
The Blount County Education Foundation, established in 1998, was incorporated as a nonprofit organization with a mission to foster academic excellence within the Blount County schools. This mission is achieved through various initiatives, including providing grants to teachers to help them cover the costs of classroom necessities. The foundation goes beyond financial assistance, offering a summer academy and at-risk tutoring programs to cater to students who require additional support. Furthermore, the Blount County Education Foundation supports extracurricular activities such as scholars bowl, spelling bee, and graduation celebrations, contributing to a well-rounded educational experience for the students. In addition to these initiatives, the foundation provides funding for various activities that promote public education.
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Impact
July, 2024
The Blount County Education Foundation positively impacts Blount County schools by promoting academic excellence through various initiatives. These include providing grants to assist teachers in funding classroom needs, offering a summer academy, conducting at-risk tutoring, supporting scholars bowl and spelling bee competitions, and hosting graduation celebrations. The foundation's efforts contribute to enhancing the overall educational experience for students in the community.
This information is meant to be a general summary of Blount County 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 2022.
- Investment Income: -$92,723
- Gross Receipts: $1,883,215
Assets and Liabilities:
- Total Assets: $1,212,726
- Total Liabilities: $0
- Net Assets: $1,212,726
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Organization Details
Founding Year
1998
Phone
(205) 625-4102Principal Officer
Jeff Hallmark
Main Address
PO BOX 603, ONEONTA, AL, 35121
NTEE Category
Code: B82 - Education
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