Overview
What is Clay County Educational Foundation Inc?
Clay County Educational Foundation Inc, located in West Point, Mississippi, is a nonprofit organization that operates as a private elementary or primary school known as Oak Hill Academy. Their primary mission is to provide quality education to its students within a private school setting. The foundation's activities and mission are centered around this private school, contributing to the educational growth and development of young learners in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
The Clay County Educational Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The foundation demonstrates strong governance with 92% of board members being independent, which contributes positively to its oversight. Additionally, there are no concerns regarding material diversion of assets and the foundation consistently documents board meeting minutes.
Financially, the organization showcases a solid program expense ratio of 100%, meaning all expenses directly support its programs. However, while it has a favorable liabilities to assets ratio of 41.70%, the overall score of 67% suggests there are areas for improvement. Stakeholders may want to inquire further about the foundation's long-term sustainability and operational efficiency to better understand its financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Clay County Educational Foundation Inc legitimate?
Clay County Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clay County Educational Foundation Inc 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: $73,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,455,492
For more financial information, click here
What is the mission statement of Clay County Educational Foundation Inc?
The Clay County Educational Foundation Inc, as a private institution, does not explicitly provide a detailed mission statement. However, their primary activity revolves around operating as a private elementary or primary school, suggesting their mission is to provide quality education and learning opportunities for students within this age group. The specific objectives and goals of the foundation, beyond operating as a private school, are not explicitly stated in the provided information.
Who is the CEO of Clay County Educational Foundation Inc?
Ray Comer is the President of Clay County Educational Foundation Inc.
What is the revenue of Clay County Educational Foundation Inc?
Clay County Educational Foundation Inc's revenue in 2022 was $3,309,470.
Who are the executives of Clay County Educational Foundation Inc and what are their salaries?
The average compensation at Clay County Educational Foundation Inc during 2022 was $19,351. There are 79 employees at Clay County Educational Foundation Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Clay County Educational Foundation Inc?
Clay County Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Clay County Educational Foundation Inc
Clay County Educational Foundation Inc, as an organization, is dedicated to the operation of Oak Hill Academy, a private elementary or primary school. The foundation's mission, in essence, is to oversee and support the educational needs of its students, providing a private school environment. This mission is crucial in fostering a learning environment that caters to the unique needs and aspirations of its students, thereby contributing to their overall development.
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Impact
July, 2024
Clay County Educational Foundation Inc, operating under the name Oak Hill Academy, has had a significant impact on the educational landscape in West Point, Mississippi. As a private school, its mission is to provide quality education to students at the elementary or primary level. Through its dedicated efforts, the foundation has been able to offer a unique educational experience to children in the community, fostering their academic growth and personal development. The school's emphasis on quality education underscores its commitment to shaping the future leaders of tomorrow and making a positive impact in the lives of its students.
This information is meant to be a general summary of Clay County Educational Foundation Inc. 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: $10,258
- Program Service Revenue: $2,271,061
- Gross Receipts: $3,309,470
Assets and Liabilities:
- Total Assets: $1,460,700
- Total Liabilities: $770,636
- Net Assets: $690,064
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION FEES ETC
Revenue
$2,271,061
Organization Details
Founding Year
1965
Principal Officer
Ray Comer
Main Address
1682 NORTH ESHMAN AVENUE, WEST POINT, MS, 39773
NTEE Category
Code: B20 - Education
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