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Marshall County Educational Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 640470127 ✦ Holly springs, MS ✦ Designated as a 501(c)(3)

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Overview

What is Marshall County Educational Foundation Inc?

The Marshall County Educational Foundation Inc is a nonprofit organization situated in Holly Springs, Mississippi. With a focus on education, it operates a private school catering to approximately 300 students from kindergarten through twelfth grade. Their primary objective is to deliver high-quality education, serving as an elementary school within their institution. The foundation's mission is central to its operations, striving to positively impact the lives of its students in the local community.


Official website here: www.marshallacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Marshall County Educational Foundation Inc has received a two-star rating from Charity Navigator, reflecting a score of 69%. The organization demonstrates strong governance through its independent board members and has a good program expense ratio of 86.53%. However, it faces significant challenges in accountability and financial transparency, as it has not provided financial statements and lacks essential policies such as conflict of interest and whistleblower protections.

User feedback highlights the positive impact of the foundation's educational initiatives, particularly through Marshall Academy, where students reportedly thrive in a nurturing environment. One parent praised the school for its commitment to academic excellence and college preparation, noting the impressive achievements of the students. Despite the successes, the foundation relies heavily on donations to enhance its programs and support families affected by economic difficulties.

Overall, while the foundation shows promise in its educational impact and community involvement, it must address its financial and governance deficiencies to improve its accountability and transparency. Increasing contributions could help expand its offerings and reach more students in need.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Marshall County Educational Foundation Inc?

90% of 49 reviewers on Facebook recommend Marshall County Educational Foundation Inc. Here is a summary of their reviews:

Parents express strong support for the programs offered, highlighting a positive and nurturing environment for their children. One reviewer notes the peace of mind that comes with knowing their child is in a safe setting, which reflects a broader sentiment shared among families.

Overall, it appears that this nonprofit is successfully delivering a valuable educational experience that fosters both safety and personal growth for students. The consistent praise indicates a commitment to quality education and a supportive community.


This AI summary has been generated from reviews found on Facebook.

Is Marshall County Educational Foundation Inc legitimate?

Marshall County Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshall 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,178,955

For more financial information, click here


Official website here: www.marshallacademy.com

What is the mission statement of Marshall County Educational Foundation Inc?

The Marshall County Educational Foundation, as a private institution, is dedicated to delivering top-notch education to its approximately 300 students spanning grades K-12. Serving primarily as an elementary school, its mission is centered around providing a high-quality educational experience. The foundation's mission is not explicitly stated in detail, but its operations clearly demonstrate a commitment to nurturing young minds in a conducive learning environment.


Official website here: www.marshallacademy.com

Who is the CEO of Marshall County Educational Foundation Inc?

Mr Kent Smith is the President of Marshall County Educational Foundation Inc.


Official website here: www.marshallacademy.com

What is the revenue of Marshall County Educational Foundation Inc?

Marshall County Educational Foundation Inc's revenue in 2022 was $2,154,088.


Official website here: www.marshallacademy.com

Who are the executives of Marshall County Educational Foundation Inc and what are their salaries?

The average compensation at Marshall County Educational Foundation Inc during 2022 was $14,923. There are 79 employees at Marshall County Educational Foundation Inc.


Here are 13 key members and their salaries:


Mr Eddie Bain (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jonathan Burch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Barry Burleson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr David Fant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Bob Lomenick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Steve Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mckinney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Cameron Rhea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Kurt Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Stephen Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Kent Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trina Strickland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Emma Woods (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marshallacademy.com

Where can I find the form 990 for Marshall County Educational Foundation Inc?

Marshall County Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.marshallacademy.com

Learn more at the official website: www.marshallacademy.com

Mission Statement of Marshall County Educational Foundation Inc

The Marshall County Educational Foundation, a nonprofit organization, is committed to delivering high-quality education. Its primary focus is on serving approximately 300 students spanning grades K-12. Acting as an elementary school, the foundation's mission is to provide an enriching learning environment, fostering the intellectual and personal growth of its students. The organization strives to uphold its commitment to quality education, ensuring that each student receives the best possible educational experience.

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Impact




July, 2024

Marshall County Educational Foundation Inc's impact is significant in providing quality education to approximately 300 students in grades K-12 through its private school in Holly Springs, MS. The foundation's mission is to ensure that students receive a high-quality education, functioning primarily as an elementary school. Their focus on education is crucial in shaping the future of these students and contributing to the community's overall development.




This information is meant to be a general summary of Marshall 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.

Revenue
$2,154,088 (2022)
201120122013201420152016201720182019202020212022$0$550k$1.1M$1.65M$2.2M
Expenses
$1,866,187 (2022)
201120122013201420152016201720182019202020212022$0$500k$1M$1.5M$2M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%45%74%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $125
  • Program Service Revenue: $2,113,033
  • Gross Receipts: $2,154,088

Assets and Liabilities:

  • Total Assets: $1,171,139
  • Total Liabilities: $711,915
  • Net Assets: $459,224

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND RELATED

Revenue

$2,113,033

Organization Details

Founding Year

1965

Principal Officer

Mr Kent Smith

Main Address

100 ACADEMY DRIVE, HOLLY SPRINGS, MS, 38635

NTEE Category

Code: B20Z - Education

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