Overview
What is Biloxi First Inc?
Biloxi First Inc is a nonprofit organization with a focus on enhancing the educational programs in Biloxi, Mississippi. They have established an endowment with the Gulf Coast Community Foundation, channeling funds towards their named grant program. The primary mission of Biloxi First Inc is to contribute to the betterment of Biloxi's schools' educational system, aiming to improve the overall quality of education for local students. The organization's activities are centered around this mission, working diligently to contribute positively to the city's educational landscape.
Official website here: www.biloxischools.net/district/biloxifirst
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Biloxi First Inc has received a score of 76%, which translates to a Three-Star rating, indicating a relatively solid performance in terms of accountability and finance. This score is based solely on the Accountability & Finance beacon, highlighting the organization's transparency and fiscal responsibility. The charity has a commendable number of independent board members, with 100% independence, contributing to strong governance practices.
The organization excels in several areas, such as having no material diversion of assets and a perfect program expense ratio of 100%. Additionally, it has effectively documented its board meeting minutes, indicating good internal record-keeping. However, there are notable weaknesses, including the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which detracts from its overall accountability.
While Biloxi First Inc demonstrates strong financial health and governance practices, the lack of specific policies could pose risks in terms of compliance and ethical standards. Overall, it remains a viable option for donors looking for transparency, but improvements in policy documentation would enhance its accountability framework.
This AI summary has been generated from information found on Charity Navigator.
Is Biloxi First Inc legitimate?
Biloxi First Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biloxi First 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: $0
For more financial information, click here
Official website here: www.biloxischools.net/district/biloxifirst
What is the mission statement of Biloxi First Inc?
Biloxi First Inc is an organization committed to enhancing the educational programs within its city. Specifically, its mission is focused on improving the educational system in the Biloxi schools. To accomplish this, the organization has made an endowment to the Gulf Coast Community Foundation, which will be utilized in the "Named Grant Program." This program is likely designed to support initiatives that further advance the educational standards and opportunities within the Biloxi schools. The organization's dedication to improving education aims to better equip students in the city, ultimately contributing to their overall development and success.
Official website here: www.biloxischools.net/district/biloxifirst
Who is the CEO of Biloxi First Inc?
Jeff Bankston is the Director of Biloxi First Inc.
Official website here: www.biloxischools.net/district/biloxifirst
What is the revenue of Biloxi First Inc?
Biloxi First Inc's revenue in 2022 was $85,926.
Official website here: www.biloxischools.net/district/biloxifirst
Who are the executives of Biloxi First Inc and what are their salaries?
Here are 20 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.biloxischools.net/district/biloxifirst
Where can I find the form 990 for Biloxi First Inc?
Biloxi First Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.biloxischools.net/district/biloxifirst
Learn more at the official website: www.biloxischools.net/district/biloxifirst
Mission Statement of Biloxi First Inc
Biloxi First Inc, a dedicated organization, is committed to enhancing the educational programs within the city. Their mission is centered around improving the educational system in the local Biloxi schools. To achieve this goal, they have endowed a significant amount to the Gulf Coast Community Foundation, which is then utilized in their 'Named Grant Program'. This program is designed to contribute to the betterment of the educational sector within Biloxi First Inc's sphere of influence. By doing so, the organization aims to foster a learning environment that supports the growth and development of the city's future generations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Biloxi First Inc significantly enhances the educational landscape in Biloxi by providing crucial funding to improve local schools. Through its endowment to the Gulf Coast Community Foundation, the organization supports the "Named Grant Program," which directly benefits educational initiatives. Its dedicated mission focuses on advancing the educational system within Biloxi schools, fostering a more effective and enriching learning environment for students. By prioritizing education, Biloxi First Inc contributes to the long-term development and betterment of the community, empowering the next generation to succeed academically and beyond.
This information is meant to be a general summary of Biloxi First 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: $30,530
- Gross Receipts: $306,449
Assets and Liabilities:
- Total Assets: $1,152,163
- Total Liabilities: $0
- Net Assets: $1,152,163
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1989
Phone
(228) 374-1980Principal Officer
Jeff Bankston
Main Address
POST OFFICE BOX 982, BILOXI, MS, 39533
NTEE Category
Code: B90 - Education
If you are a representative of Biloxi First Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.