Overview
What is Lake Travis Education Foundation?
The Lake Travis Education Foundation, located in Austin, Texas, is a dedicated nonprofit organization. Its primary purpose is to foster scholarly growth within the Lake Travis Independent School District. They achieve this goal by offering financial aid and guidance through scholarships and grants, supporting both teachers and students. Based in Austin, Texas, this foundation plays a vital role in empowering the educational community and enhancing opportunities for learning.
Official website here: www.lteducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Lake Travis Education Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The foundation's overall score is based entirely on a comprehensive assessment of its accountability and finance, with no points deducted for any material issues. This high rating reflects an effective governance structure, with 100% of its board members being independent.
The foundation demonstrates a solid financial footing, highlighted by an 80.90% program expense ratio, ensuring that a substantial portion of its resources is directed toward its educational initiatives. Additionally, the organization has no noted diversions of assets and maintains transparent financial practices, as evidenced by its audit and oversight committee and detailed financial statements available on its website.
However, there is a noted limitation regarding the absence of a whistleblower policy, which is an essential element for promoting transparency and accountability within the organization. Despite this, the Lake Travis Education Foundation's strong financial ratios and independent oversight suggest a well-managed organization focused on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Travis Education Foundation legitimate?
Lake Travis Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Travis 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.
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Official website here: www.lteducationfoundation.org
What is the mission statement of Lake Travis Education Foundation?
The Lake Travis Education Foundation's mission, as stated, is centered around supporting the educational journey of teachers and students within their community. They achieve this by offering financial aid in the form of grants and scholarships. The organization's objective is to foster academic growth and development by providing the necessary financial resources and guidance. They aim to empower teachers and students, thereby promoting scholarship and educational advancement.
Official website here: www.lteducationfoundation.org
Who is the CEO of Lake Travis Education Foundation?
Dana Rieder is the Past President of Lake Travis Education Foundation.
Official website here: www.lteducationfoundation.org
What is the revenue of Lake Travis Education Foundation?
Lake Travis Education Foundation's revenue in 2022 was $744,594.
Official website here: www.lteducationfoundation.org
Who are the executives of Lake Travis Education Foundation and what are their salaries?
There 30 volunteers at Lake Travis Education Foundation.
Here are 31 key members and their salaries:
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Official website here: www.lteducationfoundation.org
Where can I find the form 990 for Lake Travis Education Foundation?
Lake Travis Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lteducationfoundation.org
Learn more at the official website: www.lteducationfoundation.org
Mission Statement of Lake Travis Education Foundation
The Lake Travis Education Foundation, as its name suggests, is committed to promoting scholarly pursuits within the Lake Travis Independent School District. To achieve this, the organization provides financial aid and guidance to teachers and students. Its mission is centered around fostering an environment that encourages academic growth and success by offering essential financial support. This support enables teachers to innovate in their classrooms and students to access opportunities that may not be otherwise available to them.
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Impact
July, 2024
Lake Travis Education Foundation positively impacts the Lake Travis Independent School District by providing financial support and guidance to promote scholarship among teachers and students. Through grants and scholarships, the foundation helps enhance educational opportunities and support the academic advancement of individuals within the community.
This information is meant to be a general summary of Lake Travis 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$11,022
- Gross Receipts: $1,108,036
Assets and Liabilities:
- Total Assets: $1,045,981
- Total Liabilities: $118,243
- Net Assets: $927,738
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Organization Details
Founding Year
1985
Phone
(512) 533-6010Principal Officer
Dana Rieder
Main Address
P O Box 340759, Austin, TX, 78734
NTEE Category
Code: B82 - Education
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