Overview
What is Oklahoma School Of Science And Mathematics Foundation?
Oklahoma School of Science and Mathematics Foundation is a nonprofit organization situated in Oklahoma City, Oklahoma. Its primary mission is to provide ongoing financial support to the Oklahoma School of Science and Mathematics, a residential educational institution that nurtures academically talented students in science and mathematics. The foundation aims to attract and retain high-caliber educators through stipends and enhance the learning experience of students through various programs. Additionally, it develops, evaluates, and disseminates instructional programs, serves schools and students across the state through scholarships, grants, research, outreach activities, and teacher training. The foundation's ultimate goal is to foster excellence in K-12 science and mathematics education in Oklahoma.
Official website here: www.ossm.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Oklahoma School of Science and Mathematics Foundation has received a strong rating of 92% from Charity Navigator, indicating high accountability and financial health. The organization excels in governance, with a fully independent board and robust financial oversight mechanisms in place. The absence of a whistleblower policy and the failure to post its tax form on the nonprofit's website are noted as areas for improvement.
User feedback from Great Nonprofits highlights the foundation's commitment to its mission, with a positive review noting that expenses were impacted by construction costs. This indicates that the organization is transparent about its financial decisions and seeks to invest in long-term infrastructure for its programs.
Overall, the foundation demonstrates effective management and a commitment to its educational goals, although there are minor governance aspects that could be enhanced. The high program expense ratio of 77.70% suggests that the majority of funds are directed towards fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Oklahoma School Of Science And Mathematics Foundation legitimate?
Oklahoma School Of Science And Mathematics Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma School Of Science And Mathematics 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.
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Official website here: www.ossm.edu
What is the mission statement of Oklahoma School Of Science And Mathematics Foundation?
The Oklahoma School of Science and Mathematics Foundation's mission is centered around fostering excellence in K-12 science and mathematics education across the state. They accomplish this by supporting the school's outreach projects, programs, development, students, staff, and faculty. The foundation provides ongoing financial support to the Oklahoma School of Science and Mathematics, specifically for attracting and retaining high-caliber educators and enhancing the learning experience of the students through various programs. Additionally, the foundation develops, evaluates, and disseminates instructional programs, aiming to serve all schools and students in Oklahoma through scholarships, grants, research, outreach activities, and teacher training.
Official website here: www.ossm.edu
What is the revenue of Oklahoma School Of Science And Mathematics Foundation?
Oklahoma School Of Science And Mathematics Foundation's revenue in 2023 was $1,480,439.
Official website here: www.ossm.edu
Who are the executives of Oklahoma School Of Science And Mathematics Foundation and what are their salaries?
The average compensation at Oklahoma School Of Science And Mathematics Foundation during 2023 was $5,000.
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Official website here: www.ossm.edu
Where can I find the form 990 for Oklahoma School Of Science And Mathematics Foundation?
Oklahoma School Of Science And Mathematics Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ossm.edu
Learn more at the official website: www.ossm.edu
Mission Statement of Oklahoma School Of Science And Mathematics Foundation
The Oklahoma School of Science and Mathematics Foundation's mission is centered around fostering excellence in K-12 science and mathematics education across Oklahoma. They achieve this by supporting the Oklahoma School of Science and Mathematics, a residential educational institution for academically talented students in these fields. The foundation plays a crucial role in enhancing the learning experience of these students by providing financial support for attracting and retaining high-caliber educators. Additionally, they contribute to the school's outreach projects, programs, development, students, staff, and faculty. By doing so, the Oklahoma School of Science and Mathematics Foundation aims to promote the educational development of academically gifted students in science and mathematics, thereby contributing to the overall improvement of Oklahoma's K-12 education in these subjects.
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Impact
July, 2024
The impact of the Oklahoma School of Science and Mathematics Foundation is significant in fostering excellence in K-12 science and mathematics education throughout Oklahoma. By supporting the school's outreach projects, programs, development, students, staff, and faculty, the foundation plays a crucial role in furthering the educational development of academically talented students in the fields of science and mathematics. The foundation provides ongoing financial support to attract and retain high-caliber educators and enhance the learning experience of the students at the Oklahoma School of Science and Mathematics. Through scholarships, grants, research, outreach activities, and teacher training, the foundation serves all schools and students in the state, ultimately advancing the academic potential of Oklahoma's youth in these critical fields.
This information is meant to be a general summary of Oklahoma School Of Science And Mathematics 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: $438,277
- Gross Receipts: $2,144,861
Assets and Liabilities:
- Total Assets: $14,933,657
- Total Liabilities: $521
- Net Assets: $14,933,136
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Organization Details
Founding Year
1992
Principal Officer
Steve Wood
Website
www.ossm.eduNTEE Category
Code: T70J - Philanthropy
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