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The W Oscar Neuhaus Memorial Foundation

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

EIN: 742128239 ✦ Bellaire, TX ✦ Designated as a 501(c)(3)

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Overview

What is The W Oscar Neuhaus Memorial Foundation?

The W Oscar Neuhaus Memorial Foundation, headquartered in Bellaire, Texas, is a nonprofit organization committed to fostering reading success. With a team of 103 dedicated individuals, they offer evidence-based services to educators and school districts, aiming to improve literacy skills. Their outreach extends beyond schools, providing resources and guidance to families concerned about reading difficulties in their children, particularly dyslexia. Neuhaus also caters to adult learners, offering critical literacy instruction by certified academic language therapists. Their services encompass mentoring, individual instruction, online programming, and on-site courses, ensuring a wide range of support for individuals in their literacy journey.


Official website here: www.neuhaus.org

What are the reviews and ratings of this charity?

The W Oscar Neuhaus Memorial Foundation has received an impressive 98% rating from Charity Navigator, earning it a Four-Star out of Four Stars designation. This high score reflects the charity's strong performance in Accountability & Finance, which scored a perfect 100%, indicating robust oversight and financial health. With all board members being independent, the organization demonstrates a commitment to transparency and effective governance.

The foundation has a solid Program Expense Ratio of 70.75%, showcasing effective allocation of resources towards its mission. While its Culture & Community score of 77 indicates some strengths, there are areas for improvement, particularly in addressing equity practices more comprehensively, which the organization is actively implementing.

Unfortunately, user reviews from GreatNonprofits are not available, limiting the perspective on public sentiment regarding the foundation. However, the high ratings notably speak to the organization's reliable management and accountability, reinforcing its reputation within the nonprofit sector.


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

Is The W Oscar Neuhaus Memorial Foundation legitimate?

The W Oscar Neuhaus Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The W Oscar Neuhaus Memorial 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: $774,011
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,785,723

For more financial information, click here


Official website here: www.neuhaus.org

What is the mission statement of The W Oscar Neuhaus Memorial Foundation?

The W Oscar Neuhaus Memorial Foundation, a 501(c)(3) non-profit organization, is committed to promoting reading success for all. They achieve this mission by offering evidence-based training and support to educators and district leaders, supplying relevant resources to families, and providing direct services to adult learners. Their services are delivered through various means, including mentoring, individual instruction, online programming, and on-site courses. The foundation's primary goal is to enhance literacy skills and foster reading success for individuals across various age groups and learning levels.


Official website here: www.neuhaus.org

Who is the CEO of The W Oscar Neuhaus Memorial Foundation?

Tracy Weeden is the CEO of The W Oscar Neuhaus Memorial Foundation The CEO's salary of The W Oscar Neuhaus Memorial Foundation is $261,667 and their total compensation is $293,541.


Official website here: www.neuhaus.org

What is the revenue of The W Oscar Neuhaus Memorial Foundation?

The W Oscar Neuhaus Memorial Foundation's revenue in 2023 was $5,989,577.


Official website here: www.neuhaus.org

Who are the executives of The W Oscar Neuhaus Memorial Foundation and what are their salaries?

The average compensation at The W Oscar Neuhaus Memorial Foundation during 2023 was $41,832. There are 109 employees and 139 volunteers at The W Oscar Neuhaus Memorial Foundation.

Here are 29 key members and their salaries (The W Oscar Neuhaus Memorial Foundation's CEO's salary is $261,667 and their total compensation is $293,541):


Robert Palmquist (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Grissom (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Thompson (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loretta Cross (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leanne Brooks Scott (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Andrews (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amos C Benning (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Butler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Bynes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward B Crain (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Edwards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer W Hazelton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Jeffery (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Kardesch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Lyons (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Mccarthy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward K Neuhaus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Neuhaus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Nunnery (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen O Stubbs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Weeden (President & Ceo)
  • Compensation: $261,667
  • Related: $0
  • Other: $31,874
Rayanne Darensbourg (Chief Operating Officer (Thru 1/20))
  • Compensation: $19,482
  • Related: $0
  • Other: $2,296
Sai Pathi (Chief Financial Officer (From 3/1))
  • Compensation: $138,805
  • Related: $0
  • Other: $10,244
Bronwyn Walker (Chief Strategy Officer (Thru 9/22))
  • Compensation: $123,578
  • Related: $0
  • Other: $17,527
Mary Allison Peck (Chief Academic Officer)
  • Compensation: $146,280
  • Related: $0
  • Other: $22,258
Mary Catherine Scott (Vp Curric. & Instructional Design)
  • Compensation: $121,794
  • Related: $0
  • Other: $7,439
Katherine Wisian (Vp Of Advancement)
  • Compensation: $109,425
  • Related: $0
  • Other: $18,041
Samuel Mccollum (Avp Strategic Partnerships)
  • Compensation: $109,381
  • Related: $0
  • Other: $13,217


Official website here: www.neuhaus.org

Where can I find the form 990 for The W Oscar Neuhaus Memorial Foundation?

The W Oscar Neuhaus Memorial Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.neuhaus.org

Learn more at the official website: www.neuhaus.org

Mission Statement of The W Oscar Neuhaus Memorial Foundation

The W Oscar Neuhaus Memorial Foundation, a 501(c)(3) non-profit organization, is committed to fostering reading success among learners of all ages. This educational foundation takes a proactive approach by offering evidence-based training and support to educators and district leaders. The foundation's mission extends beyond the educational sphere, providing information and resources to families and offering direct services to adult learners. The services provided by Neuhaus are diverse and inclusive, encompassing mentoring, individual instruction, online programming, and on-site courses. By adopting these varied methods, the foundation ensures that it can cater to the unique needs and learning styles of its beneficiaries, thereby promoting a culture of reading success.

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Impact




July, 2024

The W Oscar Neuhaus Memorial Foundation has a significant impact on promoting reading success for all. Utilizing evidence-based services, the foundation provides valuable support to educators and school districts, helping them overcome obstacles to literacy, particularly related to dyslexia. By implementing the Science of Reading and research-based methods, Neuhaus ensures that teachers and students are equipped with the most effective programs available.

The Teacher Professional Development program offered by Neuhaus comprises over 30 classes tailored to address diverse learner needs. In 2022 and 2021, a substantial number of teachers received training from Neuhaus instructors, totaling 3,617 and 3,957 teachers, respectively. This represents a commitment to empowering educators with the necessary tools and knowledge to promote literacy in their classrooms effectively.

Moreover, Neuhaus's Family Support Office plays a crucial role in supporting families concerned about dyslexia and reading difficulties in their children. By offering resources, referral services, and hosting informational sessions, Neuhaus ensures that families have access to the necessary support systems to promote literacy within the home environment.

Additionally, Neuhaus provides critical literacy instruction to adult learners, with 72 and 60 individuals benefiting from the program in 2022 and 2021, respectively. By offering classes taught by Certified Academic Language Therapists and utilizing age-appropriate materials, Neuhaus ensures that adult learners receive tailored instruction to achieve their literacy goals.

Overall, The W Oscar Neuhaus Memorial Foundation's commitment to promoting reading success through evidence-based practices, educator training, family support, and adult literacy programs has a tangible and invaluable impact on the community.




This information is meant to be a general summary of The W Oscar Neuhaus Memorial 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
$5,989,577 (2023)
Expenses
$7,842,926 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $266,219
  • Program Service Revenue: $3,384,567
  • Gross Receipts: $6,403,557

Assets and Liabilities:

  • Total Assets: $12,909,119
  • Total Liabilities: $725,736
  • Net Assets: $12,183,383

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tuition and fees

Revenue

$2,442,419

Educational materials

Revenue

$942,148

Organization Details

Founding Year

1980

Principal Officer

Tracy Weeden

NTEE Category

Code: B92 - Education

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