Elk City Educational Foundation

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

EIN: 731361556 ✦ Elk city, OK ✦ Designated as a 501(c)(3)

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Overview

What is Elk City Educational Foundation?

The Elk City Educational Foundation is a nonprofit organization based in Elk City, Oklahoma. Their primary mission is to enrich the educational experience of students within the Elk City Public Schools by providing financial aid to dedicated teachers. This support allows educators to improve and expand their academic programs, ultimately fostering a learning environment of excellence in the classrooms. The foundation operates with a focus on uplifting the educational landscape in the Elk City community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (73%)

The Elk City Educational Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas despite a strong overall performance in accountability and finance. The organization boasts a perfect score of 100% for financial practices, highlighting its solid management of assets and a commendable program expense ratio of 97.05%. These factors suggest that the foundation effectively uses its funds to support educational initiatives.

However, the foundation faces significant challenges in governance and transparency, as evidenced by the absence of crucial policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Each of these areas received a score of 0 out of 7 points, which raises concerns about the organization's commitment to ethical standards and accountability. Additionally, the lack of publicly posted tax forms could hinder transparency for potential donors.

Overall, while the Elk City Educational Foundation demonstrates strong financial health and effective use of resources, it is essential for the organization to address its governance shortcomings to enhance its credibility and trust among stakeholders. Improving these areas could lead to a higher rating in the future.


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

Is Elk City Educational Foundation legitimate?

Elk City Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elk City 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: $0

For more financial information, click here

What is the mission statement of Elk City Educational Foundation?

The Elk City Educational Foundation's mission is centered around enhancing the academic programs in the classrooms of local public schools. They achieve this by providing grants to teachers in Elk City, enabling them to enhance the learning experiences for their students. This mission aims to foster an environment of academic excellence, ultimately benefiting the students and the educational system as a whole. The foundation's activities primarily focus on supporting and improving the educational programs within the Elk City Public Schools.

Who is the CEO of Elk City Educational Foundation?

Katie Archer is the Vice Preside of Elk City Educational Foundation.

What is the revenue of Elk City Educational Foundation?

Elk City Educational Foundation's revenue in 2022 was $85,139.

Who are the executives of Elk City Educational Foundation and what are their salaries?


Here are 14 key members and their salaries:


Andrew Albert (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Buckmaster (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corbin Dyson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Firth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Garrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Price (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Sparks (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrie Teel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Waters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Werner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Archer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Meador (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Mikles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darin Schmidt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elk City Educational Foundation?

Elk City Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Elk City Educational Foundation

The Elk City Educational Foundation is dedicated to enhancing the academic programs in the classrooms of the Elk City Public Schools. By providing grants to teachers within the school system, this nonprofit organization aims to elevate the educational experience for their students, fostering an environment of excellence. The mission of Elk City Educational Foundation is to empower teachers with the resources they need to enrich their students' learning journey, ultimately contributing to a more enriched and engaging educational environment.

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Impact




October, 2024

The Elk City Educational Foundation plays a crucial role in elevating the quality of education within Elk City Public Schools. By providing grants directly to classroom teachers, the foundation enhances academic programs, ensuring that students receive innovative and engaging learning experiences. These grants empower educators to implement new teaching strategies, acquire essential materials, and introduce specialized programs that might not otherwise be available due to budget constraints.

This support not only enriches the curriculum but also fosters an environment where both teachers and students can thrive. The foundation’s commitment to excellence in education directly impacts student engagement and achievement, creating a more vibrant and successful educational landscape in Elk City. As a result, students benefit from enhanced learning opportunities that prepare them for future success, while teachers gain the resources they need to inspire and motivate their classrooms.




This information is meant to be a general summary of Elk City 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.

Revenue
$85,139 (2022)
Expenses
$39,310 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $65,883
  • Gross Receipts: $169,353

Assets and Liabilities:

  • Total Assets: $1,662,837
  • Total Liabilities: $0
  • Net Assets: $1,662,837

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Organization Details

Founding Year

1990

Principal Officer

Katie Archer

Main Address

PO BOX 2017, ELK CITY, OK, 73648

NTEE Category

Code: B82 - Education

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