Overview
What is St Joseph School Endowment And Charitable Trust?
St. Joseph School Endowment and Charitable Trust is a nonprofit organization situated in Conway, Arkansas. Its primary focus is on collecting donations and managing investments. The earnings from these investments are then distributed to St. Joseph School, aiding in the school's day-to-day operations. This charitable trust plays a crucial role in supporting St. Joseph School financially, thereby contributing to its continued success and operations. The organization, with a modest workforce of 2 individuals, is dedicated to its mission of serving the educational needs of the community through its philanthropic efforts.
Official website here: www.sjse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating indicates that the St Joseph School Endowment and Charitable Trust demonstrates a fair level of accountability and financial health, though it falls short of higher ratings.
The organization scores well in several areas, including having a fully independent board and a strong program expense ratio of nearly 98%, suggesting that most of its resources are directed toward its charitable programs. It also has no material diversion of assets, indicating solid financial practices. However, the lack of a whistleblower policy and deficiencies in document retention and destruction policies are noted as significant areas for improvement.
While the charity maintains high standards in certain governance aspects, the missing policies may raise concerns about transparency and risk management. Overall, while it shows commitment to its mission, potential donors might want to consider these limitations when evaluating the organization’s effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is St Joseph School Endowment And Charitable Trust legitimate?
St Joseph School Endowment And Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Joseph School Endowment And Charitable Trust 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:
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Other Salaries and Wages: $99,543
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Official website here: www.sjse.org
What is the mission statement of St Joseph School Endowment And Charitable Trust?
The St. Joseph School Endowment and Charitable Trust's primary objective is to gather donations and engage in investing activities. The proceeds from these investments are then disbursed to St. Joseph School, to be utilized for its operational needs. The endowment board of directors is responsible for overseeing this process, ensuring that the donations and investments benefit the school effectively. The trust's mission is centered around supporting St. Joseph School's operations, enhancing its capabilities and resources through the collection and strategic use of donations and investments.
Official website here: www.sjse.org
Who is the CEO of St Joseph School Endowment And Charitable Trust?
Jacqueline Kordsmeier is the Chairman of St Joseph School Endowment And Charitable Trust.
Official website here: www.sjse.org
What is the revenue of St Joseph School Endowment And Charitable Trust?
St Joseph School Endowment And Charitable Trust's revenue in 2023 was $1,112,205.
Official website here: www.sjse.org
Who are the executives of St Joseph School Endowment And Charitable Trust and what are their salaries?
The average compensation at St Joseph School Endowment And Charitable Trust during 2023 was $49,772. There are 2 employees at St Joseph School Endowment And Charitable Trust.
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Official website here: www.sjse.org
Where can I find the form 990 for St Joseph School Endowment And Charitable Trust?
St Joseph School Endowment And Charitable Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sjse.org
Learn more at the official website: www.sjse.org
Mission Statement of St Joseph School Endowment And Charitable Trust
St. Joseph School Endowment and Charitable Trust is a mission-driven organization that primarily collects donations and engages in investing activities. Its primary goal is to distribute the accumulated funds to St. Joseph School for its operational needs. The Endowment Board of Directors oversees this process, ensuring that the contributions made by donors are effectively utilized to support the school's operations. By carrying out these activities, St. Joseph School Endowment and Charitable Trust plays a crucial role in supporting the educational endeavors of St. Joseph School.
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Impact
July, 2024
The impact of St Joseph School Endowment And Charitable Trust is significant in supporting St. Joseph School in Conway, Arkansas. The Trust plays a crucial role in collecting donations and investing, with the primary objective of providing financial assistance to the school for its operations. By distributing funds to St. Joseph School, the Trust contributes to enhancing the educational opportunities and overall quality of education for the students. This support ultimately helps in the school's mission to provide a nurturing and enriching learning environment.
This information is meant to be a general summary of St Joseph School Endowment And Charitable Trust. 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 2023.
- Investment Income: $306,773
- Gross Receipts: $2,371,500
Assets and Liabilities:
- Total Assets: $10,972,558
- Total Liabilities: $2,834
- Net Assets: $10,969,724
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Organization Details
Founding Year
1976
Phone
(501) 329-1818Principal Officer
Jacqueline Kordsmeier
Main Address
PO BOX 72, CONWAY, AR, 72033
Website
www.sjse.orgNTEE Category
Code: B11 - Education
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