Overview
What is Killeen Isd Education Foundation Inc?
Killeen ISD Education Foundation Inc is a nonprofit organization situated in Killeen, Texas, with an address at 200 N WS Young Dr. Established with the primary goal of supporting educational programs for both students and staff within Killeen Independent School District (KISD), this foundation provides financial assistance for educational programs and activities that are not covered by the district's budget. Specifically, the foundation offers student grants, teacher grants, and scholarships to foster academic growth and success among its community members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Star rating)
The Killeen Isd Education Foundation Inc has received a low rating of 52%, indicating significant challenges in its accountability and financial practices. The lack of independent board members and missing key governance policies, such as conflict of interest and whistleblower protections, contribute to this low score. Additionally, financial statements are not available, further raising concerns about transparency.
Despite these limitations, the organization does demonstrate a strong commitment to its programs, as evidenced by a program expense ratio of 100%. This suggests that all reported expenditures are directed toward its charitable activities. However, the absence of required documents and policies detracts from its overall accountability and effectiveness in governance.
Potential donors and supporters should consider these factors carefully. While the foundation appears to focus its funds on education initiatives, the significant gaps in governance and financial transparency may warrant caution before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Killeen Isd Education Foundation Inc legitimate?
Killeen Isd Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Killeen Isd 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Killeen Isd Education Foundation Inc?
The Killeen ISD Education Foundation Inc is dedicated to supporting the educational programs for both students and staff within Killeen Independent School District. This includes providing funds for educational programs and activities that may not be covered by the district's budget. The foundation's mission is to offer student grants, teacher grants, and scholarships to enhance learning opportunities and support the educational growth of individuals within the district. By providing these resources, the Killeen ISD Education Foundation Inc aims to contribute to the overall development and success of the students and educators in the district.
Who is the CEO of Killeen Isd Education Foundation Inc?
Ronald E Stepp Cpa is the Kisd Superintendent of Killeen Isd Education Foundation Inc.
What is the revenue of Killeen Isd Education Foundation Inc?
Killeen Isd Education Foundation Inc's revenue in 2022 was $550,217.
Who are the executives of Killeen Isd Education Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Killeen Isd Education Foundation Inc?
Killeen Isd Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Killeen Isd Education Foundation Inc
Killeen ISD Education Foundation Inc is committed to supporting the educational programs for both students and staff within Killeen ISD. The foundation aims to provide funding for educational programs and activities that are not covered by the school district's budget. Its mission is to enhance the learning experience for students and support the professional development of teachers by granting funds for various educational initiatives. By doing so, Killeen ISD Education Foundation Inc plays a crucial role in enriching the educational environment and fostering academic success for the students and staff of Killeen ISD.
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Impact
July, 2024
Killeen ISD Education Foundation Inc's impact is centered on supporting the educational programs for students and staff of Killeen ISD. By providing student grants, teacher grants, and student scholarships, the foundation enhances the educational experience within the school district. This support helps bridge funding gaps and allows for the implementation of additional programs and activities that may not be covered by the school district's budget. Through its mission to support educational programs for both students and staff, the foundation contributes to the overall advancement and success of Killeen ISD's educational community.
This information is meant to be a general summary of Killeen Isd 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.
- Investment Income: $330
- Gross Receipts: $583,407
Assets and Liabilities:
- Total Assets: $1,774,826
- Total Liabilities: $0
- Net Assets: $1,774,826
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Organization Details
Founding Year
2000
Phone
(254) 501-0181Principal Officer
Ronald E Stepp Cpa
Main Address
200 N WS YOUNG DR, KILLEEN, TX, 76543
NTEE Category
Code: B112 - Education
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