Overview
What is Guam Education Financing Foundation Inc?
Guam Education Financing Foundation Inc is a nonprofit organization situated in Atlanta, Georgia, specifically at 3340 Peachtree Road Suite 1780. Their primary mission is to support the education sector in Guam by developing, maintaining, leasing, and ensuring the upkeep of Liguaan Elementary School, Astumbo Middle School, Okkodo High School, and Adacao Elementary School. Essentially, they hold the titles to these educational facilities and lease them to the Guam government for the betterment of the local education system.
Is Guam Education Financing Foundation Inc legitimate?
Guam Education Financing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Guam Education Financing 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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What is the mission statement of Guam Education Financing Foundation Inc?
The Guam Education Financing Foundation Inc's mission is centered around managing educational facilities. Specifically, the organization holds the title to schools, which are constructed for the benefit of the Guam government. Their primary activity involves leasing these schools back to the government. The foundation is responsible for developing and maintaining several schools, including Liguán Elementary School, Astumbo Middle School, Okkodo High School, and Adacao Elementary School. This organization's role is instrumental in providing suitable educational environments for the Guam community.
Who is the CEO of Guam Education Financing Foundation Inc?
John Hand is the Treasurer of Guam Education Financing Foundation Inc.
What is the revenue of Guam Education Financing Foundation Inc?
Guam Education Financing Foundation Inc's revenue in 2022 was $1,482,033.
Who are the executives of Guam Education Financing Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Guam Education Financing Foundation Inc?
Guam Education Financing Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Guam Education Financing Foundation Inc
Guam Education Financing Foundation Inc, in its mission, acquires and maintains title to schools, leasing them to the government of Guam. This nonprofit organization operates with the primary objective of constructing and managing schools for the benefit of the local government. Specifically, they have taken on the responsibility of developing and maintaining several educational institutions, including Liguanea Elementary School, Astumbo Middle School, Okkodo High School, and Adacao Elementary School. By holding title to these schools, Guam Education Financing Foundation Inc plays a crucial role in ensuring that these educational facilities are available for use by the Guam government and its students.
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Impact
October, 2024
Guam Education Financing Foundation Inc plays a crucial role in enhancing the educational landscape in Guam by managing essential school facilities. By holding title to and overseeing the development and maintenance of schools such as Liguam Elementary School, Astumbo Middle School, Okkodo High School, and Adacao Elementary School, the foundation ensures these institutions are equipped to serve the needs of the community effectively.
The foundation's mission focuses on constructing and leasing schools for the benefit of the Guam government, providing vital infrastructure that supports the educational needs of students. This impact is felt through improved facilities that foster a conducive learning environment, ultimately contributing to the community's educational advancement and overall improvement. The foundation's efforts are integral to supporting the future of education in Guam, addressing the growing demand for quality schooling options and ensuring that students have access to modern facilities.
This information is meant to be a general summary of Guam Education Financing 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: $482,033
- Program Service Revenue: $1,000,000
- Gross Receipts: $1,482,033
Assets and Liabilities:
- Total Assets: $25,948,768
- Total Liabilities: $22,652,187
- Net Assets: $3,296,581
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE INCOME
Revenue
$1,000,000
Organization Details
Founding Year
2004
Phone
(404) 504-2772Principal Officer
John Hand
Main Address
3340 PEACHTREE ROAD SUITE 1780, ATLANTA, GA, 30326
NTEE Category
Code: S99 - Community improvement
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