Overview
What is Mcallen Education Foundation Inc?
The Mcallen Education Foundation Inc, located at 2000 NORTH 23RD STREET, MCALLEN, TX 78501, is a nonprofit organization dedicated to supporting the educational growth and opportunities of students within the McAllen Independent School District. Through scholarships and grants, this foundation aims to promote and enhance education, contributing to the fostering of excellence within the district. The organization's mission is centered around boosting the educational prospects of its community's youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%
The Mcallen Education Foundation Inc has received a 73% rating from Charity Navigator, which translates to a Two-Star out of Four Star rating. This score reflects the organization's solid performance in accountability and finance, highlighting its commitment to transparency and responsible management of funds.
One of the organization's notable strengths is its governance structure, with 100% of board members being independent, contributing to effective oversight and decision-making. The foundation has a remarkable program expense ratio of 96.14%, indicating that a significant portion of its resources directly supports its educational initiatives rather than administrative costs.
However, while the foundation shows strength in several areas, the overall Two-Star rating suggests there may be room for improvement in aspects not fully detailed in the data. Stakeholders may want to monitor future developments and performance metrics to assess the organization's ongoing impact.
This AI summary has been generated from information found on Charity Navigator.
Is Mcallen Education Foundation Inc legitimate?
Mcallen Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcallen Education Foundation Inc 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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What is the mission statement of Mcallen Education Foundation Inc?
The Mcallen Education Foundation Inc's mission is centered around providing support to enhance educational opportunities and foster excellence for students within the McAllen Independent School District. This is achieved through the provision of scholarships and grants. By doing so, the foundation aims to promote academic growth and development, ultimately benefiting the students and the educational system as a whole.
Who is the CEO of Mcallen Education Foundation Inc?
Annie Holand Miller is the President of Mcallen Education Foundation Inc.
What is the revenue of Mcallen Education Foundation Inc?
Mcallen Education Foundation Inc's revenue in 2022 was $104,153.
Who are the executives of Mcallen Education Foundation Inc and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Mcallen Education Foundation Inc?
Mcallen Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mcallen Education Foundation Inc
The Mcallen Education Foundation Inc is committed to aiding in the improvement and expansion of educational opportunities for students in the McAllen Independent School District. Their mission is to provide support that fosters excellence and encourages academic growth. This nonprofit organization achieves this goal by granting scholarships and offering financial aid to the school district, thereby enhancing the educational landscape for its students.
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Impact
October, 2024
Mcallen Education Foundation Inc significantly enhances educational opportunities for students in the McAllen Independent School District. By providing scholarships and grants, it promotes academic excellence and fosters a supportive learning environment. The foundation actively contributes to the development of programs and initiatives that enrich the educational experience, ensuring that students have access to the resources they need to succeed. Through its commitment to advancing education, it empowers students to achieve their full potential and prepares them for future challenges. Overall, the foundation plays a crucial role in shaping a brighter future for the community's youth.
This information is meant to be a general summary of Mcallen Education Foundation Inc. 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: $104,153
Assets and Liabilities:
- Total Assets: $137,870
- Total Liabilities: $0
- Net Assets: $137,870
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Organization Details
Founding Year
1996
Phone
(956) 618-6000Principal Officer
Annie Holand Miller
Main Address
2000 NORTH 23RD STREET, MCALLEN, TX, 78501
NTEE Category
Code: T70 - Philanthropy
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