Overview
What is Monroe Educational Foundation?
The Monroe Educational Foundation is a dedicated nonprofit organization situated in Monroe, Louisiana. Its primary focus lies in the realm of education, as it operates a comprehensive school catering to students from pre-kindergarten through twelfth grade. As an elementary school, the foundation is committed to providing a well-rounded education to its students within its community.
Official website here: www.romustangs.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The Monroe Educational Foundation has received a low rating of 54%, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a board composed entirely of independent members, it falls short in several other critical areas, particularly in financial transparency and governance policies.
Strengths of the foundation include a high program expense ratio, suggesting that a large portion of its resources is directed towards its educational initiatives. However, the absence of essential financial documentation, such as financial statements and a tax form on its website, raises questions about the organization's overall transparency. Furthermore, the lack of key policies, including conflict of interest and whistleblower policies, points to potential governance issues.
Overall, while the Monroe Educational Foundation shows commitment to its educational mission, the significant gaps in accountability and financial management limit its effectiveness and trustworthiness in the eyes of donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Monroe Educational Foundation?
96% of 51 reviewers on Facebook recommend the Monroe Educational Foundation. Here is a summary of their reviews:
Many parents express a strong sense of community and satisfaction with the school, highlighting the supportive environment created by the staff. One reviewer emphasized the feeling of a “home away from home” for their children, indicating a deep appreciation for the nurturing atmosphere provided.
Overall, the sentiment is overwhelmingly positive, reflecting trust in the educational foundation's commitment to both the students and their families. Parents feel supported and engaged, showcasing the nonprofit's capability to foster a welcoming and effective learning space.
This AI summary has been generated from reviews found on Facebook.
Is Monroe Educational Foundation legitimate?
Monroe Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monroe Educational 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,235,262
For more financial information, click here
Official website here: www.romustangs.com
What is the mission statement of Monroe Educational Foundation?
The Monroe Educational Foundation, as an educational organization, is committed to its primary mission. This mission is centered around education, extending from pre-kindergarten up to the twelfth grade. The foundation operates a comprehensive school, providing a learning environment for students across various age groups. The focus of the Monroe Educational Foundation is largely dedicated to fostering education and academic growth among its students.
Official website here: www.romustangs.com
Who is the CEO of Monroe Educational Foundation?
Jeb Andrews is the President of Monroe Educational Foundation.
Official website here: www.romustangs.com
What is the revenue of Monroe Educational Foundation?
Monroe Educational Foundation's revenue in 2023 was $1,917,898.
Official website here: www.romustangs.com
Who are the executives of Monroe Educational Foundation and what are their salaries?
The average compensation at Monroe Educational Foundation during 2023 was $16,693. There are 74 employees at Monroe Educational Foundation.
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Official website here: www.romustangs.com
Where can I find the form 990 for Monroe Educational Foundation?
Monroe Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.romustangs.com
Learn more at the official website: www.romustangs.com
Mission Statement of Monroe Educational Foundation
The Monroe Educational Foundation, as its name suggests, is dedicated to promoting education. This nonprofit organization operates a comprehensive school, catering to students from preschool to the twelfth grade. Its primary focus is on providing quality educational opportunities, making it a significant player in the field of education. Based on the information provided, it appears that the Monroe Educational Foundation serves as an elementary school located in Monroe, Louisiana. Its mission is centered around education, ensuring that each student receives a well-rounded education from the early stages of their educational journey.
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Impact
July, 2024
The Monroe Educational Foundation's impact is evident through its operation of a complete school offering education from pre-k through 12th grade. By focusing primarily on education, the organization plays a vital role in enhancing the learning and development of students in Monroe, LA. Their mission to provide education from an early age through high school underscores their commitment to academic excellence and nurturing the next generation of learners.
This information is meant to be a general summary of Monroe Educational 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $13,390
- Program Service Revenue: $1,702,467
- Gross Receipts: $1,929,465
Assets and Liabilities:
- Total Assets: $2,187,098
- Total Liabilities: $1,632,636
- Net Assets: $554,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$1,700,237
LATE FEE INCOME
Revenue
$2,230
Organization Details
Founding Year
1969
Phone
(318) 343-4185Principal Officer
Jeb Andrews
Main Address
600 FINKS HIDEAWAY RD, MONROE, LA, 712032414
Website
www.romustangs.comNTEE Category
Code: B24 - Education
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