Overview
What is Fresno County Retired Teachers Educational Foundation Inc?
The Fresno County Retired Teachers Educational Foundation is a charitable organization situated in Fresno, California. Their primary objective is to address the housing needs of low-income families by offering them suitable accommodations through various programs. This nonprofit organization is affiliated with education-related professional societies and associations. By providing housing solutions, the Fresno County Retired Teachers Educational Foundation contributes to the well-being of the community, especially those in financial need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 35%, Zero-Star out of Four Star rating.
The Fresno County Retired Teachers Educational Foundation Inc has received a low rating primarily due to its poor performance in the Accountability & Finance category. The organization scored only 35%, reflecting significant issues such as missing financial statements and a lack of transparency in reporting. While it does have a fully independent board and adheres to some governance policies, the absence of essential documentation has severely impacted its overall rating.
Despite having a 100% independent board and implementing a conflict of interest policy, the foundation's financial health raises concerns. The high liabilities-to-assets ratio and low program expense ratio indicate that a substantial portion of the funds may not be directed towards its intended educational mission. The lack of available financial documents on its website further complicates potential donors' ability to assess the charity's operations.
Overall, while the foundation has established a governance structure with independent oversight, the deficiencies in financial transparency and accountability overshadow these strengths. Donors and stakeholders may want to consider these factors before engaging with or contributing to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Fresno County Retired Teachers Educational Foundation Inc legitimate?
Fresno County Retired Teachers Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fresno County Retired Teachers Educational Foundation Inc 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: $65,233
For more financial information, click here
What is the mission statement of Fresno County Retired Teachers Educational Foundation Inc?
The Fresno County Retired Teachers Educational Foundation's mission is centered around providing low-income housing solutions for qualifying families. This non-profit organization is affiliated with education professional societies and associations, working diligently to fulfill its mission. Its primary goal is to offer housing assistance, contributing to the well-being of families in need.
Who is the CEO of Fresno County Retired Teachers Educational Foundation Inc?
Wayne Bright is the President of Fresno County Retired Teachers Educational Foundation Inc.
What is the revenue of Fresno County Retired Teachers Educational Foundation Inc?
Fresno County Retired Teachers Educational Foundation Inc's revenue in 2022 was $526,728.
Who are the executives of Fresno County Retired Teachers Educational Foundation Inc and what are their salaries?
The average compensation at Fresno County Retired Teachers Educational Foundation Inc during 2022 was $21,744. There are 3 employees at Fresno County Retired Teachers Educational Foundation Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Fresno County Retired Teachers Educational Foundation Inc?
Fresno County Retired Teachers Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fresno County Retired Teachers Educational Foundation Inc
The Fresno County Retired Teachers Educational Foundation is committed to addressing the housing needs of low-income families. This nonprofit organization, associated with education professional societies and associations, endeavors to provide suitable housing solutions for qualified families. By implementing its programs, the Fresno County Retired Teachers Educational Foundation strives to make a significant impact in alleviating housing challenges for those in need.
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Impact
July, 2024
Fresno County Retired Teachers Educational Foundation Inc makes a significant impact by providing low-income housing to qualified families in Fresno, CA. Through its programs, the foundation helps address the housing needs of disadvantaged individuals and families, making a tangible difference in the community. Their commitment to this cause demonstrates a strong dedication to supporting those in need and contributing to the overall well-being of individuals in Fresno County.
This information is meant to be a general summary of Fresno County Retired Teachers Educational Foundation Inc. 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: $526,728
Assets and Liabilities:
- Total Assets: $949,016
- Total Liabilities: $16,838
- Net Assets: $932,178
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Organization Details
Founding Year
2003
Phone
(559) 229-6351Principal Officer
Wayne Bright
Main Address
3929 SAGINAW WAY, FRESNO, CA, 93726
NTEE Category
Code: B82 - Education
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