School District 12 Education Foundation

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

EIN: 742401659 ✦ Thornton, CO ✦ Designated as a 501(c)(3)

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Overview

What is School District 12 Education Foundation?

The School District 12 Education Foundation is a nonprofit organization based in Thornton, Colorado, with a specific address at 1500 E 128TH, 802412601. Their primary mission is to invest in the success of students within Adams County School District 12. They accomplish this by funding various programs that align with their mission, aiming to improve the overall quality of life in their community. The organization, employing a modest workforce of 4 individuals, contributes to the enhancement of educational services for the students in this district.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

The School District 12 Education Foundation has received a Four-Star rating from Charity Navigator, indicating a high level of financial health and accountability. With a 90% Accountability & Finance Score and a remarkable 100% Leadership & Adaptability Score, the organization demonstrates strong governance and effective use of resources. The program expense ratio of 83.75% signifies that a significant portion of its funds is directed toward its mission, reflecting a commitment to impact.

Strengths highlighted include a fully independent board of directors, comprising 17 members, and comprehensive policies for conflict of interest and whistleblower protection. The foundation's focus on equity strategies further showcases its commitment to inclusivity and community engagement, evidenced by an impressive score of 95 out of 100 in this area. Additionally, the organization invests in leadership development, which is essential for sustaining its effectiveness over time.

While the foundation appears to excel in many areas, the financial data indicates a moderate level of liabilities relative to its assets at 25.11%. This could be a consideration for potential donors looking for long-term sustainability. Overall, the School District 12 Education Foundation is well-rated and demonstrates a solid operational framework aimed at fostering educational improvements within its community.


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

Is School District 12 Education Foundation legitimate?

School District 12 Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. School District 12 Education 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: $124,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,909

For more financial information, click here

What is the mission statement of School District 12 Education Foundation?

The School District 12 Education Foundation contributes to enhancing the overall quality of life in its community by investing in educational services for the students of Adams County School District 12. This is achieved through financial support for programs that align with its mission of promoting student success. By investing in education, the foundation aims to contribute positively to the community's well-being. While the exact nature of these educational services and programs is not specified, it can be inferred that they aim to support and improve the educational experiences and outcomes of the students. The foundation's activities are intended to enrich the community and provide opportunities for personal growth and development through education.

Who is the CEO of School District 12 Education Foundation?

Shannon Hancock is the Board Chair of School District 12 Education Foundation.

What is the revenue of School District 12 Education Foundation?

School District 12 Education Foundation's revenue in 2022 was $1,689,874.

Who are the executives of School District 12 Education Foundation and what are their salaries?

The average compensation at School District 12 Education Foundation during 2022 was $57,664. There are 4 employees and 8 volunteers at School District 12 Education Foundation.


Here are 17 key members and their salaries:


Kimberly Spikes (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Evans (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Woolf (Vice Teasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Glunz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Herrera (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Beasley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Rollins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latrice Brewster (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Lockley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Lopez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Parham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarke Carlson (Ex-Officio Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Stone (Ex-Officio Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Plomer (Ex-Officio Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Williams (Ex-Officio Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priscilla Straughn (Ex-Officio Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Hancock (Executive Director)
  • Compensation: $0
  • Related: $115,000
  • Other: $0
Where can I find the form 990 for School District 12 Education Foundation?

School District 12 Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of School District 12 Education Foundation

The Adams 12 Five Star Schools Education Foundation plays a significant role in enhancing the overall quality of life within its community by investing in educational services for the students of Adams County School District 12. This nonprofit organization is committed to contributing to the betterment of its community by funding programs that support student success, aligning with its mission statement. By offering financial backing to educational initiatives, the foundation aims to improve the lives of students and contribute positively to the community at large.

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Impact




July, 2024

The School District 12 Education Foundation, operating under the name Adams 12 Five Star Schools Education Foundation, plays a crucial role in enhancing the quality of life in the community by investing in educational services for the students of Adams County School District 12. By providing funding for programs that support their mission of investing in student success, the foundation directly impacts the educational experience and opportunities available to the students in the district. Through their efforts, they contribute to the overall improvement of the educational landscape and student outcomes in Thornton, Colorado.




This information is meant to be a general summary of School District 12 Education 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
$1,689,874 (2022)
Expenses
$1,272,370 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $37,771
  • Gross Receipts: $1,737,162

Assets and Liabilities:

  • Total Assets: $1,902,259
  • Total Liabilities: $477,697
  • Net Assets: $1,424,562

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Organization Details

Founding Year

1985

Principal Officer

Shannon Hancock

Main Address

1500 E 128TH, THORNTON, CO, 802412601

NTEE Category

Code: B11 - Education

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