Overview
What is Eanes Education Foundation?
Eanes Education Foundation is a nonprofit organization situated in Austin, Texas, specifically at 601 Camp Craft Road. Their primary objective is to secure financial backing from the community and businesses to bolster educational achievements within EISD. The foundation accomplishes this by making grants for various purposes, such as funding teacher positions, providing scholarship awards to students, and recognizing teachers' achievements. With a small team of 10 employees, Eanes Education Foundation works tirelessly to foster a culture of educational excellence within EISD.
Official website here: www.eaneseducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating.
The Eanes Education Foundation has received a strong Four-Star rating from Charity Navigator, with a score of 91%, indicating excellent accountability and financial health. This rating is based entirely on the organization’s accountability and finance metrics, showcasing a robust governance framework including a fully independent board and strong oversight measures.
Strengths of the foundation include a high program expense ratio of 87.87%, which signifies that a significant portion of its funding goes directly to its programs. Additionally, the organization demonstrates effective fundraising efficiency, raising funds at a minimal cost of $0.07 to generate a dollar. Their financial statements are well-audited, and their policies for conflict of interest and whistleblowing are well-documented, which further enhances their transparency.
However, there is a noted limitation in the working capital ratio, which stands at 0.22 years, suggesting potential concerns regarding short-term financial sustainability. While their overall financial management is strong, this metric indicates that the foundation may need to bolster its liquidity to ensure continued operational effectiveness in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Eanes Education Foundation legitimate?
Eanes Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eanes 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: $72,329
Professional Fundraising Fees: $0
Other Salaries and Wages: $172,334
For more financial information, click here
Official website here: www.eaneseducationfoundation.org
What is the mission statement of Eanes Education Foundation?
The Eanes Education Foundation aims to secure financial backing from the community and corporate donors to ensure and maintain top-tier educational opportunities across the entire district within EISD. Their primary mission involves offering both current and endowed funding to facilitate this objective. Throughout the year, the foundation provides grants for various purposes, such as funding teacher positions, awarding scholarships to students, and recognizing the efforts of EISD teachers.
Official website here: www.eaneseducationfoundation.org
Who is the CEO of Eanes Education Foundation?
Dana Delorenzo is the Exec Director of Eanes Education Foundation.
Official website here: www.eaneseducationfoundation.org
What is the revenue of Eanes Education Foundation?
Eanes Education Foundation's revenue in 2022 was $3,443,356.
Official website here: www.eaneseducationfoundation.org
Who are the executives of Eanes Education Foundation and what are their salaries?
The average compensation at Eanes Education Foundation during 2022 was $24,466. There are 10 employees and 100 volunteers at Eanes Education Foundation.
Here are 29 key members and their salaries:
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Official website here: www.eaneseducationfoundation.org
Where can I find the form 990 for Eanes Education Foundation?
Eanes Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eaneseducationfoundation.org
Learn more at the official website: www.eaneseducationfoundation.org
Mission Statement of Eanes Education Foundation
The Eanes Education Foundation is committed to securing both immediate and endowed financial backing from the community and corporate donors. Its primary objective is to bolster and maintain district-wide educational opportunities that foster excellence within EISD. The foundation achieves this mission by providing financial support in various forms, including grants for teacher positions, scholarships for students, and recognition awards for educators within the district. By doing so, the Eanes Education Foundation contributes to the enhancement of the educational landscape, ensuring a conducive environment for students and teachers alike, thereby promoting overall educational success.
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Impact
July, 2024
Eanes Education Foundation positively impacts the community by providing financial support to EISD, funding teacher positions, awarding scholarships to students, and recognizing teachers for their hard work. Through grants and donations from the community and corporate donors, the Foundation helps ensure educational excellence within EISD.
This information is meant to be a general summary of Eanes 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: $27,032
- Gross Receipts: $4,172,828
Assets and Liabilities:
- Total Assets: $751,187
- Total Liabilities: $19,107
- Net Assets: $732,080
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Organization Details
Founding Year
1991
Phone
(512) 732-9065Principal Officer
Dana Delorenzo
Main Address
601 Camp Craft Road, Austin, TX, 78746
NTEE Category
Code: B122 - Education
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