Overview
What is Apollo School Foundation Inc?
Apollo School Foundation Inc is a dedicated nonprofit organization based in Hobe Sound, Florida. Their primary focus is on preserving and restoring a historic two-room schoolhouse, which is recognized on the National Register of Historic Places. The foundation's mission is to preserve the historical significance of this property, enhancing its cultural impact in Hobe Sound and Martin County. By doing so, they aim to transform the schoolhouse into a multi-purpose facility, offering cultural and educational programs, thereby enriching the community with its historic charm and modern educational offerings.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40% (Zero-Star out of Four Star rating)
The Apollo School Foundation Inc has been rated at 40%, which results in a Zero-Star rating. This rating is derived solely from the Accountability & Finance category, where its score indicates significant concerns regarding financial transparency and program expenses. A 0.00% score in both the Liabilities to Assets Ratio and Program Expense Ratio suggests that the organization may not be allocating funds effectively towards its mission.
Despite these financial shortcomings, the foundation does show strengths in governance, including a fully independent board and a strong conflict of interest policy. The organization has also documented board meeting minutes, which contributes positively to its accountability measures. However, the lack of program expenses raises questions about the foundation's operational effectiveness and its commitment to delivering services.
Overall, while Apollo School Foundation Inc demonstrates some governance strengths, its low financial score highlights areas of concern that potential donors and stakeholders should consider when evaluating the organization's impact and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Apollo School Foundation Inc legitimate?
Apollo School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apollo School 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.
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Other Salaries and Wages: $0
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What is the mission statement of Apollo School Foundation Inc?
The mission of Apollo School Foundation Inc is centered around preserving and enhancing the historical significance of a former two-room schoolhouse. This heritage site, recognized on the National Register of Historic Places, serves as a cultural and educational facility in its current role. The foundation aims to provide a range of cultural and educational offerings, thereby increasing its impact in the community. Through its efforts, the foundation seeks to revitalize this historical building, ensuring its continued relevance as a valuable cultural resource.
Who is the CEO of Apollo School Foundation Inc?
Katharine Spurgeon is the President of Apollo School Foundation Inc.
What is the revenue of Apollo School Foundation Inc?
Apollo School Foundation Inc's revenue in 2022 was $12,554.
Who are the executives of Apollo School Foundation Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Apollo School Foundation Inc?
Apollo School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Apollo School Foundation Inc
The Apollo School Foundation Inc is dedicated to preserving the historical significance of a former two-room schoolhouse. Its mission is to elevate the impact of this cultural artifact in Hobe Sound and Martin County by transforming it into a facility that offers both cultural and educational experiences. By meticulously restoring and maintaining this property, which is listed on the National Register of Historic Places, the foundation aims to provide a space that enriches the community with its historical and educational offerings.
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Impact
August, 2024
Apollo School Foundation Inc's impact is significant in maintaining the historical aspects of the former two-room schoolhouse, enhancing its influence on Hobe Sound and Martin County as a cultural arts and education facility. Through the restoration and preservation of the historic schoolhouse property, which is listed on the National Register of Historic Places, the foundation is able to provide cultural and educational offerings to the community. The foundation's mission is to preserve the rich history embodied in the schoolhouse and contribute to the cultural and educational enrichment of the region.
This information is meant to be a general summary of Apollo School 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: $2
- Gross Receipts: $12,612
Assets and Liabilities:
- Total Assets: $576,010
- Total Liabilities: $0
- Net Assets: $576,010
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Organization Details
Founding Year
1999
Phone
(772) 485-6070Principal Officer
Katharine Spurgeon
Main Address
PO Box 1851, Hobe Sound, FL, 334751851
NTEE Category
Code: B112 - Education
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