Overview
What is Education Foundation Of Martin County?
The Education Foundation of Martin County, headquartered in Stuart, Florida, is a 501(c)(3) nonprofit organization. Comprising business leaders, volunteers, and school officials, its primary mission is to enrich and enhance educational opportunities for students and teachers within the Martin County School District. This is achieved through various means, including effective fundraising, collaborative partnerships, innovative programming, and efficient resource allocation. The foundation's activities focus on classroom enrichment and instructional support, aiming to positively impact the learning experiences of students and educators in the district. With a dedicated team of four individuals, the Education Foundation of Martin County plays a crucial role in fostering educational growth within the community.
Official website here: www.educationfoundationmc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
The Education Foundation of Martin County has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a perfect score of 100%. This high rating indicates a commitment to transparency and responsible financial management, which is crucial for maintaining trust with donors and stakeholders.
The organization benefits from a majority independent board, ensuring unbiased governance, with 100% of its board members being independent. Additionally, the foundation has demonstrated excellent financial health, with a program expense ratio of 95.77%, indicating that a significant portion of its funding goes directly to its programs rather than administrative costs.
No significant limitations were noted in the data, as the foundation maintains a solid fiscal responsibility, evidenced by a low liabilities to assets ratio of 0.55%. Overall, the Education Foundation of Martin County stands out as a well-governed and financially sound nonprofit that prioritizes its mission and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Education Foundation Of Martin County legitimate?
Education Foundation Of Martin County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education Foundation Of Martin County 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
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Other Salaries and Wages: $173,706
For more financial information, click here
Official website here: www.educationfoundationmc.org
What is the mission statement of Education Foundation Of Martin County?
The Education Foundation of Martin County, a community investment organization, aims to enrich and enhance educational opportunities for students and teachers in their district. They accomplish this mission through effective fundraising efforts, forming positive collaborative partnerships, implementing innovative programming, and efficiently allocating resources. The foundation's goal is to contribute to a more enriching and supportive learning environment, thereby benefiting both students and teachers. Their activities often include providing classroom enrichment and instructional support.
Official website here: www.educationfoundationmc.org
Who is the CEO of Education Foundation Of Martin County?
Lisa Rhodes is the Executive Director of Education Foundation Of Martin County.
Official website here: www.educationfoundationmc.org
What is the revenue of Education Foundation Of Martin County?
Education Foundation Of Martin County's revenue in 2022 was $807,086.
Official website here: www.educationfoundationmc.org
Who are the executives of Education Foundation Of Martin County and what are their salaries?
The average compensation at Education Foundation Of Martin County during 2022 was $43,426. There are 4 employees at Education Foundation Of Martin County.
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Official website here: www.educationfoundationmc.org
Where can I find the form 990 for Education Foundation Of Martin County?
Education Foundation Of Martin County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.educationfoundationmc.org
Learn more at the official website: www.educationfoundationmc.org
Mission Statement of Education Foundation Of Martin County
The Education Foundation of Martin County, a not-for-profit organization, is dedicated to enriching and enhancing educational opportunities for students and teachers within the Martin County School District. This is achieved through a combination of effective fundraising efforts, positive collaborative partnerships, innovative programming, and efficient allocation of resources. The foundation's mission is to support the local school district by providing additional resources and support, thereby contributing to a better educational experience for all students and teachers.
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Impact
July, 2024
Education Foundation Of Martin County's impact is significant in enriching and enhancing educational opportunities for all students and teachers in the Martin County School District. Through effective fundraising efforts, positive collaborative partnerships, innovative programming, and efficient allocation of resources, the foundation plays a vital role in supporting classroom enrichment and providing instructional support. Its work helps to improve the educational experience for students and educators, ultimately contributing to the overall success of the local education system.
This information is meant to be a general summary of Education Foundation Of Martin County. 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: -$5,791
- Gross Receipts: $861,778
Assets and Liabilities:
- Total Assets: $616,898
- Total Liabilities: $16,216
- Net Assets: $600,682
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Organization Details
Founding Year
1991
Phone
(772) 600-8062Principal Officer
Lisa Rhodes
Main Address
PO BOX 291, STUART, FL, 34995
NTEE Category
Code: T30 - Philanthropy
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