Overview
What is Foundationone?
Foundationone is a small, nonprofit organization located in Coeur d'Alene, Idaho. With a single employee, its primary mission is to gather and manage funds to offer scholarships and tuition grants for students attending Upper Columbia Academy. This financial assistance aims to make quality education more accessible, thereby empowering students to pursue their academic goals.
Official website here: www.foundationoneuca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 75% - Three-Star out of Four Star Rating
Foundationone has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization scored 75%, indicating a healthy level of transparency and responsible financial management. This score is derived entirely from their accountability and finance metrics, which are crucial for potential donors evaluating the charity's reliability.
One notable strength is the charity's governance structure, featuring an independent board with 100% of its members independent. The organization also demonstrates strong financial responsibility with no material diversion of assets, a low liabilities to assets ratio, and high program expense ratio, ensuring that the majority of funds are directed towards its programs and mission.
Despite its strengths, the overall rating may not convey the full picture of the organization's impact or efficiency in other areas, as it is based solely on financial metrics. Potential supporters might want to look deeper into the charity’s specific programs and outcomes to better understand its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Foundationone legitimate?
Foundationone is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundationone 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: $66,810
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.foundationoneuca.org
What is the mission statement of Foundationone?
Foundationone's mission is centered around fundraising and management, with the primary goal of providing scholarships and tuition grants for students attending Upper Columbia Academy. The organization actively works towards this mission by raising and managing funds specifically for this purpose. As a result of their efforts, they have donated a substantial sum of $273,500 to Upper Columbia Academy for student grants.
Official website here: www.foundationoneuca.org
Who is the CEO of Foundationone?
Mindy Weber is the Director of Foundationone.
Official website here: www.foundationoneuca.org
What is the revenue of Foundationone?
Foundationone's revenue in 2022 was $2,555,330.
Official website here: www.foundationoneuca.org
Who are the executives of Foundationone and what are their salaries?
The average compensation at Foundationone during 2022 was $66,810. There is 1 employee at Foundationone.
Here are 11 key members and their salaries:
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Official website here: www.foundationoneuca.org
Where can I find the form 990 for Foundationone?
Foundationone's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundationoneuca.org
Learn more at the official website: www.foundationoneuca.org
Mission Statement of Foundationone
Foundationone's mission is centered around raising and managing funds with the primary objective of providing student scholarships and tuition grants for students attending Upper Columbia Academy. This nonprofit organization is dedicated to financially supporting deserving students, enabling them to pursue their education at this educational institution. In their pursuit of this mission, Foundationone has donated a substantial sum of $273,500 to Upper Columbia Academy for student grants.
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Impact
July, 2024
Foundationone's impact can be seen in the $273,500 it provided in student grants for Upper Columbia Academy. This support directly benefits students attending the academy, helping them access education and opportunity. This contribution reflects the organization's commitment to fostering educational advancement and making a difference in the lives of students.
This information is meant to be a general summary of Foundationone. 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.
- Investment Income: $468,948
- Gross Receipts: $2,555,330
Assets and Liabilities:
- Total Assets: $5,521,712
- Total Liabilities: $0
- Net Assets: $5,521,712
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Organization Details
Founding Year
2004
Principal Officer
Mindy Weber
Main Address
610 W HUBBARD ST STE 205, COEUR D ALENE, ID, 83814
Website
www.foundationoneuca.orgNTEE Category
Code: B82 - Education
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