Overview
What is Sacred Heart School Foundation?
The Sacred Heart School Foundation is a nonprofit organization situated in Ville Platte, Louisiana, with an address at 708 E Main St. Its mission is multifaceted, encompassing benevolent, charitable, scientific, and educational purposes. The primary objective of this foundation is to support and enhance the social, moral, educational, and material well-being of Sacred Heart School, its faculty, students, and associated businesses. This support includes promoting various aspects of the school's welfare, ensuring its continuous growth and success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Sacred Heart School Foundation has earned a One-Star rating from Charity Navigator, indicating significant room for improvement in its accountability and financial practices. The overall score is derived solely from the Accountability & Finance beacon, reflecting critical areas where the organization falls short, particularly in governance and transparency.
Key strengths include a commendable program expense ratio of 92.89%, demonstrating that the majority of funds are directed towards its programs rather than administrative costs. However, the foundation has major weaknesses, including a lack of independent board members and missing essential governance policies, such as a conflict of interest policy and whistleblower policy. These deficiencies contribute significantly to its low overall score.
The absence of critical elements like a publicly accessible website and the required tax documents further hinders the foundation's transparency. While the organization shows strong commitment to its mission through financial allocation, these governance issues raise concerns about its overall accountability to donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Sacred Heart School Foundation legitimate?
Sacred Heart School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred Heart School 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: $0
For more financial information, click here
What is the mission statement of Sacred Heart School Foundation?
The Sacred Heart School Foundation operates with a mission to serve benevolent, charitable, scientific, and educational purposes. Its primary goal is to enhance the social, moral, educational, and material welfare of Sacred Heart School, its faculty, students, and associated businesses. The foundation aims to promote the well-being of these entities, working towards their betterment and growth.
Who is the CEO of Sacred Heart School Foundation?
Wayne Vidrine is the Treasurer of Sacred Heart School Foundation.
What is the revenue of Sacred Heart School Foundation?
Sacred Heart School Foundation's revenue in 2022 was $108,027.
Who are the executives of Sacred Heart School Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sacred Heart School Foundation?
Sacred Heart School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sacred Heart School Foundation
The Sacred Heart School Foundation is established with a benevolent, charitable, scientific, and educational purpose. Its mission is to foster the social, moral, educational, and material welfare of Sacred Heart School and its associated faculty, students, and business interests. In essence, the foundation aims to contribute positively to the overall well-being of the school and its community, promoting a holistic development that encompasses various aspects of life. By doing so, the Sacred Heart School Foundation seeks to make a meaningful impact on the lives of those it serves.
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Impact
October, 2024
Sacred Heart School Foundation significantly enhances the educational environment and overall welfare of Sacred Heart School in Ville Platte, Louisiana. By focusing on benevolent, charitable, and scientific purposes, the foundation promotes the social, moral, and educational development of both faculty and students. Its initiatives drive improvements in educational resources, support faculty professional development, and foster a nurturing community that prioritizes the well-being of students and their families. This holistic approach not only enriches the educational experience but also strengthens community ties, creating a positive ripple effect for the entire school ecosystem.
This information is meant to be a general summary of Sacred Heart School 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 2022.
- Gross Receipts: $108,027
Assets and Liabilities:
- Total Assets: $2,050,119
- Total Liabilities: $0
- Net Assets: $2,050,119
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Organization Details
Founding Year
1983
Principal Officer
Wayne Vidrine
Main Address
708 E MAIN ST, VILLE PLATTE, LA, 70586
NTEE Category
Code: B11 - Education
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