Overview
What is Msgr Kelly Catholic High School Foundation?
Msgr Kelly Catholic High School Foundation is a charitable organization situated in Beaumont, Texas, that is devoted to aiding a non-profit educational institution. Their primary objective is to provide backing and assistance to this educational institution. The Foundation's mission is centered around supporting the institution in its non-profit capacity, ensuring its continued growth and success. By doing so, they contribute to the overall educational landscape in their community.
Official website here: www.kelly.beaumont.tx.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Msgr Kelly Catholic High School Foundation has received a low score of 54%, indicating significant challenges in its accountability and financial practices. The organization has a very limited presence of independent board members, with only 33% of its board being independent, which raises concerns about governance. Additionally, there are gaps in essential policies such as conflict of interest and whistleblower protections, which are critical for transparency and ethical management.
On a positive note, the foundation demonstrates a strong commitment to its program expenses, with an impressive 92.17% of its expenditures directed towards its programs. This suggests that the foundation prioritizes its mission over administrative costs. Financially, the organization has no liabilities, which is a strong indicator of fiscal health despite the overall rating.
However, the absence of critical documents, including financial statements and a tax form on the nonprofit’s website, limits transparency and accountability. These factors are vital for building trust with donors and stakeholders. Overall, while the foundation shows some strengths in program expenditure, the significant weaknesses in governance and documentation need to be addressed for improved performance and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Msgr Kelly Catholic High School Foundation legitimate?
Msgr Kelly Catholic High School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Msgr Kelly Catholic High School 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
Official website here: www.kelly.beaumont.tx.us
What is the mission statement of Msgr Kelly Catholic High School Foundation?
The Msgr Kelly Catholic High School Foundation is an organization committed to supporting a nonprofit educational institution. Its mission is to aid and strengthen this educational institution, ensuring its continued operation and success. The foundation's primary goal is to contribute to the institution's educational mission, providing it with the necessary resources to deliver quality education. By doing so, the foundation aims to contribute positively to the lives of the students and the wider community. The exact nature of the educational institution and its specific mission are not specified in the provided information.
Official website here: www.kelly.beaumont.tx.us
Who is the CEO of Msgr Kelly Catholic High School Foundation?
Eric Meadows is the President of Msgr Kelly Catholic High School Foundation.
Official website here: www.kelly.beaumont.tx.us
What is the revenue of Msgr Kelly Catholic High School Foundation?
Msgr Kelly Catholic High School Foundation's revenue in 2021 was $1,260,123.
Official website here: www.kelly.beaumont.tx.us
Who are the executives of Msgr Kelly Catholic High School Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.kelly.beaumont.tx.us
Where can I find the form 990 for Msgr Kelly Catholic High School Foundation?
Msgr Kelly Catholic High School Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.kelly.beaumont.tx.us
Learn more at the official website: www.kelly.beaumont.tx.us
Mission Statement of Msgr Kelly Catholic High School Foundation
Msgr Kelly Catholic High School Foundation is an organization devoted to supporting a nonprofit educational institution. Their mission is centered around aiding a religious organization, specifically located in Beaumont, Texas. This religious organization's primary objective is to maintain and enhance the operation of a nonprofit educational institution. In essence, Msgr Kelly Catholic High School Foundation plays a significant role in ensuring the continuity and success of this educational institution. Their mission is to provide the necessary resources and assistance to keep this institution running smoothly, thereby contributing to the overall educational landscape.
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Impact
July, 2024
The impact of Msgr Kelly Catholic High School Foundation is significant in supporting the educational mission of Msgr Kelly Catholic High School in Beaumont, TX. Through its work, the foundation helps provide vital resources and support to ensure the school can continue its mission of providing quality education within a nurturing and faith-based environment. By supporting a nonprofit educational institution, the foundation plays a crucial role in shaping the futures of students and contributing to the community in Beaumont, TX.
This information is meant to be a general summary of Msgr Kelly Catholic High School 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 2021.
- Investment Income: $1,230,873
- Gross Receipts: $1,260,123
Assets and Liabilities:
- Total Assets: $5,545,789
- Total Liabilities: $0
- Net Assets: $5,545,789
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Organization Details
Founding Year
1961
Phone
(409) 866-2351Principal Officer
Eric Meadows
Main Address
5950 KELLY DRIVE, BEAUMONT, TX, 77707
Website
www.kelly.beaumont.tx.usNTEE Category
Code: B25I - Education
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