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Raymond Schools Foundation

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

EIN: 710899481 ✦ Raymond, WA ✦ Designated as a 501(c)(3)

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Overview

What is Raymond Schools Foundation?

The Raymond Schools Foundation, located in Raymond, Washington (specifically at PO Box 345), is a dedicated nonprofit organization. Their primary mission is to encourage and support the educational growth of deserving graduates from Raymond High School. They accomplish this by providing scholarships for post-secondary education. The foundation's activities and purpose revolve around fostering opportunities for these graduates, helping them pursue higher education and shape their future.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87%, Three-Star out of Four Stars

The Raymond Schools Foundation has received an overall score of 87%, reflecting a strong commitment to accountability and finance. This rating is based entirely on its accountability measures, with the foundation achieving a perfect score in several areas, including having a majority of independent board members and a solid conflict of interest policy. Such high scores indicate that the organization is well-managed and transparent in its operations.

Strengths of the foundation include its impressive program expense ratio of 88.31%, which suggests that a significant portion of funds raised goes directly towards its programs rather than administrative costs. Furthermore, the organization has demonstrated effective governance practices, such as maintaining a comprehensive document retention policy and recording board meeting minutes, which is essential for operational transparency.

On the downside, while the foundation's financial health appears robust with no liabilities, the single-beacon score means that its overall rating is limited to accountability and finance metrics. The absence of additional performance indicators could provide a more well-rounded view of the organization's impact and effectiveness in fulfilling its mission.


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

Is Raymond Schools Foundation legitimate?

Raymond Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raymond Schools 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: $4,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Raymond Schools Foundation?

The Raymond Schools Foundation's mission, as stated, is centered around providing support to deserving graduates of Raymond High School. They achieve this by offering scholarships to assist these individuals in pursuing their post-secondary education. The foundation's goal is to incentivize and enable these graduates to further their education, thereby potentially expanding their opportunities and prospects. By offering scholarships, the foundation aims to contribute positively to the futures of these graduates and potentially foster a culture of continuous learning and personal development.

Who is the CEO of Raymond Schools Foundation?

Colleen Brown is the Director of Raymond Schools Foundation.

What is the revenue of Raymond Schools Foundation?

Raymond Schools Foundation's revenue in 2022 was $55,940.

Who are the executives of Raymond Schools Foundation and what are their salaries?


Here are 8 key members and their salaries:


Vicki Halpin (Director)
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Colleen Brown (Secretary/Treas)
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Chris Halpin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Hamlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Dennis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Holland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodean Jordan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Raymond Schools Foundation?

Raymond Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Raymond Schools Foundation

The Raymond Schools Foundation, a notable organization, is dedicated to fostering the continued education of deserving graduates from Raymond High School. By offering scholarships, this nonprofit aims to incentivize and support these students as they pursue their post-secondary education. The mission of the Raymond Schools Foundation is to empower these young individuals, enabling them to reach their full potential beyond high school and contribute positively to society. The foundation's scholarship program serves as a testament to its commitment to investing in the future of its community's youth.

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Impact




August, 2024

Raymond Schools Foundation's impact can be seen in the opportunities it provides to Raymond High School graduates through scholarships for post-high school education. By offering these incentives, the foundation helps deserving graduates pursue further academic endeavors and achieve their educational goals. This support not only benefits individual students but also contributes to the overall educational development and attainment in the Raymond community.




This information is meant to be a general summary of Raymond Schools 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
$55,940 (2022)
Expenses
$33,435 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,982
  • Gross Receipts: $55,940

Assets and Liabilities:

  • Total Assets: $813,199
  • Total Liabilities: $0
  • Net Assets: $813,199

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Organization Details

Founding Year

2002

Principal Officer

Colleen Brown

Main Address

PO BOX 345, RAYMOND, WA, 98577

NTEE Category

Code: B12 - Education

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