Overview
What is Parent Teachers Organization Of Lakeway?
The Parent Teachers Organization of Lakeway is a devoted nonprofit entity located within Lakeway Elementary School's community. Their primary objective is to amplify the school's essence by funding essential activities such as field trips and addressing miscellaneous requirements that are not covered by the school district's budget. They also extend their support to the school's supplies and staff, ensuring that their needs are met. In essence, the Parent Teachers Organization of Lakeway's mission is to champion Lakeway Elementary School, enhancing its overall growth and development.
Official website here: www.lakewaypto.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Parent Teachers Organization of Lakeway has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is derived entirely from the Accountability & Finance beacon, which highlights a lack of essential governance structures, including a board without independent members and missing policies related to conflict of interest, whistleblower protections, and document retention.
Despite these governance issues, the organization demonstrates a commitment to its mission with a high program expense ratio of 88.28%, indicating that a substantial portion of its funds is directed towards programs rather than administrative costs. However, the absence of independent board members and critical policies can pose risks to the organization’s transparency and operational integrity.
The lack of publicly accessible board meeting minutes and failure to post the tax form on the nonprofit's website further exacerbate the concerns regarding accountability. While the organization shows strength in program expenditure, the shortcomings in governance and oversight raise red flags that could affect donor confidence and the organization's long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Parent Teachers Organization Of Lakeway legitimate?
Parent Teachers Organization Of Lakeway is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parent Teachers Organization Of Lakeway 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.lakewaypto.org
What is the mission statement of Parent Teachers Organization Of Lakeway?
The Parent Teachers Organization of Lakeway aims to support and boost Lakeway Elementary School. They accomplish this by funding various activities, including field trips and addressing miscellaneous needs that are not covered by the school district's budget. Furthermore, they provide essential support to the school's supplies and staff as needed. Their primary objective is to promote the well-being and development of Lakeway Elementary School, ensuring it thrives and meets the needs of its students effectively.
Official website here: www.lakewaypto.org
Who is the CEO of Parent Teachers Organization Of Lakeway?
Tonya Boggan is the Trustee of Parent Teachers Organization Of Lakeway.
Official website here: www.lakewaypto.org
What is the revenue of Parent Teachers Organization Of Lakeway?
Parent Teachers Organization Of Lakeway's revenue in 2022 was $146,494.
Official website here: www.lakewaypto.org
Who are the executives of Parent Teachers Organization Of Lakeway and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.lakewaypto.org
Where can I find the form 990 for Parent Teachers Organization Of Lakeway?
Parent Teachers Organization Of Lakeway's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakewaypto.org
Learn more at the official website: www.lakewaypto.org
Mission Statement of Parent Teachers Organization Of Lakeway
The Parent Teachers Organization of Lakeway, often abbreviated as PTO, is dedicated to promoting Lakeway Elementary School. Their mission is multifaceted, encompassing the support of various school activities and needs. They contribute to funding field trips and miscellaneous requirements that are not covered by the school district's budget. Moreover, PTO extends their support to the school's supplies and staff, ensuring that Lakeway Elementary School operates smoothly and efficiently. In essence, the Parent Teachers Organization of Lakeway aims to enhance the overall educational experience of Lakeway Elementary School, making significant contributions to its success.
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Impact
October, 2024
The Parent Teachers Organization of Lakeway plays a vital role in enhancing the educational experience at Lakeway Elementary School. By supporting field trips and addressing miscellaneous needs throughout the school year, they create enriching opportunities for students that extend beyond the classroom. Their contributions extend to ensuring that supplies and staffing requirements, which are not covered by the school district, are met, fostering a more supportive and resourceful environment for both students and staff. Through these efforts, the organization actively promotes a collaborative atmosphere between parents, teachers, and the community, ultimately benefiting the educational landscape of Lakeway Elementary School in Austin, TX.
This information is meant to be a general summary of Parent Teachers Organization Of Lakeway. 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.
- Gross Receipts: $247,712
Assets and Liabilities:
- Total Assets: $136,298
- Total Liabilities: $0
- Net Assets: $136,298
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Organization Details
Phone
(512) 533-6350Principal Officer
Tonya Boggan
Main Address
1701 Lohmans Crossing Drive, Austin, TX, 78734
Website
www.lakewaypto.orgNTEE Category
Code: B94 - Education
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