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Grenada Educational Foundation

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

EIN: 640470451 ✦ Grenada, MS ✦ Designated as a 501(c)(3)

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Overview

What is Grenada Educational Foundation?

The Grenada Educational Foundation, based in Grenada, Mississippi (USAddress: P.O. Box 1008), is a nonprofit organization with a mission to provide education for students from kindergarten to 12th grade. They operate on a non-discriminatory basis, ensuring equal opportunities for all students. With a team of 73 dedicated individuals, the foundation is committed to delivering quality education to its students. The foundation's primary goal is to foster learning and development in the younger generation, contributing positively to their future and the community at large.


Official website here: www.kirkacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The Grenada Educational Foundation has received a Two-Star out of Four Star rating from Charity Navigator, indicating that it needs improvement in its accountability and finance practices. The foundation earned a score of 68%, reflecting both strengths and weaknesses in its operations. Notably, the organization has a fully independent board of directors, which is a positive aspect, as it contributes to governance integrity.

The foundation shows a commendable program expense ratio of 90.72%, suggesting that a significant majority of its funds are directed towards its programs. However, it faces serious challenges due to the lack of financial transparency. Missing financial statements and key policies such as conflict of interest, whistleblower, and document retention policies hinder its overall accountability score. These deficiencies could raise concerns for potential donors regarding the foundation's financial management.

In conclusion, while the Grenada Educational Foundation demonstrates a commitment to its educational mission through high program spending and a strong board structure, it must urgently address its accountability gaps. Improving transparency and implementing the missing governance policies will be crucial for building trust and enhancing its overall rating in the future.


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

What do the Facebook reviews say about Grenada Educational Foundation?

92% of 23 reviewers on Facebook recommend the Grenada Educational Foundation. Here is a summary of their reviews:

Most comments emphasize the welcoming environment at Kirk Academy, referring positively to the opportunity for families to tour the school and connect with faculty and staff. The inviting tone encourages prospective families to explore the educational offerings and share in the foundation's commitment to providing a Christian preparatory experience.

Overall, the sentiment surrounding the Grenada Educational Foundation reflects satisfaction with its community engagement and educational approach, presenting it as a valuable option for families in search of a supportive learning environment.


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

Is Grenada Educational Foundation legitimate?

Grenada Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grenada Educational 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: $1,380,723

For more financial information, click here


Official website here: www.kirkacademy.com

What is the mission statement of Grenada Educational Foundation?

The Grenada Educational Foundation's mission is centered around providing education to students from kindergarten through 12th grade. This is done on a non-discriminatory basis, ensuring equal opportunities for all. The foundation's primary objective is to facilitate education for this age group. In essence, the Grenada Educational Foundation is dedicated to fostering learning and development in young minds, promoting intellectual growth and equality in education.


Official website here: www.kirkacademy.com

Who is the CEO of Grenada Educational Foundation?

Jay Watts is the Vice Preside of Grenada Educational Foundation.


Official website here: www.kirkacademy.com

What is the revenue of Grenada Educational Foundation?

Grenada Educational Foundation's revenue in 2023 was $2,155,631.


Official website here: www.kirkacademy.com

Who are the executives of Grenada Educational Foundation and what are their salaries?

The average compensation at Grenada Educational Foundation during 2023 was $18,914. There are 73 employees at Grenada Educational Foundation.


Here are 4 key members and their salaries:


Coley Bailey (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Campbell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Mattox (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Rose (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kirkacademy.com

Where can I find the form 990 for Grenada Educational Foundation?

Grenada Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kirkacademy.com

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

Mission Statement of Grenada Educational Foundation

The Grenada Educational Foundation, a non-discriminatory organization, is dedicated to providing education for students from kindergarten through twelfth grade. Its mission is to ensure that every child, regardless of background, has the opportunity to receive a quality education. This foundation is committed to fostering an environment where learning is encouraged and nurtured, ultimately preparing students for their future endeavors.

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Impact




July, 2024

Grenada Educational Foundation has a significant impact on the community by providing education to kindergarten through 12th grade students on a nondiscriminatory basis. Its mission to offer educational opportunities to students in Grenada, MS, plays a crucial role in shaping the future of the community. Through their dedication to providing quality education for all students, the foundation helps cultivate a knowledgeable and skilled workforce, ultimately contributing to the overall development and success of Grenada.




This information is meant to be a general summary of Grenada Educational 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.

Revenue
$2,155,631 (2023)
Expenses
$2,114,935 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,966,682
  • Gross Receipts: $2,155,631

Assets and Liabilities:

  • Total Assets: $2,068,546
  • Total Liabilities: $1,072,606
  • Net Assets: $995,940

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Programs

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

TUITION FEES & DUES

Revenue

$1,815,909

REGISTRATION FEES

Revenue

$133,850

KA PLUS

Revenue

$9,341

OTHER PROGRAM INCOME

Revenue

$7,582

Organization Details

Founding Year

1966

Principal Officer

Jay Watts

Main Address

P O BOX 1008, GRENADA, MS, 38902

NTEE Category

Code: B20 - Education

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