Overview
What is Christian Brothers Foundation Inc Christian Brothers School?
Christian Brothers Foundation Inc, located at 8 Friedrichs Avenue, New Orleans, Louisiana, is a nonprofit organization dedicated to supporting the Christian Brothers and their teachers at the Christian Brothers School, an affiliated entity. Their mission is multifaceted, aiming to advance the education of these Brothers and teachers while also providing continuous assistance to the Christian Brothers and their Order, an affiliated organization. The Foundation's role is essential in ensuring the ongoing success and growth of these educational institutions and the Brothers associated with them.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 27%
The Christian Brothers Foundation Inc Christian Brothers School has received a low score of 27%, translating to a Zero-Star out of Four Star rating. This rating suggests significant concerns regarding the organization's accountability and financial practices. While the foundation has a fully independent board, with 100% of its 13 members not serving in other roles, its financial transparency is lacking, as indicated by missing critical policies and documentation.
Strengths of the organization include a strong governance structure with independent board members and the absence of material diversions of assets, which are positive indicators of ethical operations. However, the foundation's shortcomings in financial management are substantial, highlighted by a poor program expense ratio of only 20.28% and a lack of posted financial documents on its website.
Moreover, the absence of key policies—such as conflict of interest, whistleblower, and document retention policies—raises concerns about the organization's overall accountability. These issues may hinder stakeholder trust and limit the potential for effective funding and operational success. Overall, improvements in financial transparency and policy implementation are crucial for the Christian Brothers Foundation to enhance its credibility and support.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Brothers Foundation Inc Christian Brothers School legitimate?
Christian Brothers Foundation Inc Christian Brothers School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Brothers Foundation Inc Christian Brothers School 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 Christian Brothers Foundation Inc Christian Brothers School?
The Christian Brothers Foundation Inc, associated with the Christian Brothers School, is dedicated to advancing the education of the Christian Brothers and their teachers. Additionally, it aims to provide continuous support for the Christian Brothers and their order, serving as an affiliated organization. In essence, the foundation's mission is to foster the growth and development of the Christian Brothers in their educational and religious roles.
What is the revenue of Christian Brothers Foundation Inc Christian Brothers School?
Christian Brothers Foundation Inc Christian Brothers School's revenue in 2023 was $1,846,841.
Who are the executives of Christian Brothers Foundation Inc Christian Brothers School and what are their salaries?
There is 1 employee at Christian Brothers Foundation Inc Christian Brothers School.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Christian Brothers Foundation Inc Christian Brothers School?
Christian Brothers Foundation Inc Christian Brothers School's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Christian Brothers Foundation Inc Christian Brothers School
The Christian Brothers Foundation Inc, associated with the Christian Brothers School, is dedicated to advancing the education of the Christian Brothers and their teachers at the affiliated educational institution. Furthermore, the foundation aims to provide continuous support for the Christian Brothers and their order, an affiliated organization. In essence, the mission of the Christian Brothers Foundation Inc Christian Brothers School is to foster the growth and development of its Christian Brothers educators and uphold the Christian Brothers and their order. This mission is crucial in ensuring the continuity and strengthening of the Christian Brothers' educational legacy.
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Impact
July, 2024
Christian Brothers Foundation Inc Christian Brothers School has a significant impact on furthering the education of the Christian Brothers and teachers at the Christian Brothers School in New Orleans, LA. This support helps in providing continuous educational opportunities and resources for the members of the Christian Brothers order and their affiliated organization. Through their mission to advance education within this community, the foundation plays a vital role in strengthening and empowering individuals dedicated to educational and spiritual growth.
This information is meant to be a general summary of Christian Brothers Foundation Inc Christian Brothers School. 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: $55,995
- Gross Receipts: $2,580,776
Assets and Liabilities:
- Total Assets: $1,927,801
- Total Liabilities: $0
- Net Assets: $1,927,801
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Organization Details
Founding Year
1966
Principal Officer
H Patrick Rooney
NTEE Category
Code: B11 - Education
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