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Education Foundation For Isle Of Wight Public Schools Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 743142794 ✦ Smithfield, VA ✦ Designated as a 501(c)(3)

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Overview

What is Education Foundation For Isle Of Wight Public Schools Inc?

The Education Foundation for Isle of Wight Public Schools Inc, situated in Smithfield, Virginia, is a dedicated nonprofit organization. Its primary mission is to bolster the standard of education in Isle of Wight County by aiding in the recruitment, retention, and recognition of local educators. The foundation also supports additional programs designed to enhance student achievements. By offering these initiatives, the Education Foundation for Isle of Wight Public Schools Inc aims to contribute positively to the educational landscape of the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating indicates that the Education Foundation for Isle Of Wight Public Schools Inc has room for improvement, particularly in areas related to financial performance and accountability. The organization demonstrates a solid commitment to transparency, as evidenced by its independent board members and the absence of material diversion of assets.

The foundation boasts a strong program expense ratio of 91.93%, suggesting that a significant portion of its funding is directed towards its educational programs. Additionally, the organization has achieved a perfect score in accountability metrics such as documenting board meeting minutes and maintaining a low liabilities to assets ratio, which reflects responsible financial management.

However, the overall Two-Star rating suggests that while there are notable strengths, the foundation could benefit from enhancing its financial practices and increasing its score in areas that impact its overall rating. Continuous improvement in these areas could further bolster its effectiveness in serving the Isle of Wight public schools.


This AI summary has been generated from information found on Charity Navigator.

Is Education Foundation For Isle Of Wight Public Schools Inc legitimate?

Education Foundation For Isle Of Wight Public Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education Foundation For Isle Of Wight Public Schools 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Education Foundation For Isle Of Wight Public Schools Inc?

The Education Foundation for Isle of Wight Public Schools Inc has a mission to enhance the quality of education in its sphere. This is achieved by assisting in the attraction, retention, and recognition of local educators. Additionally, the foundation supports supplemental programs that are designed to boost student achievements. The primary objective is to contribute positively to the educational sector and improve the learning experience for students. The foundation's activities are geared towards supporting the educational system and fostering a conducive learning environment.

Who is the CEO of Education Foundation For Isle Of Wight Public Schools Inc?

Amy Bowman is the Principal Officer of Education Foundation For Isle Of Wight Public Schools Inc.

What is the revenue of Education Foundation For Isle Of Wight Public Schools Inc?

Education Foundation For Isle Of Wight Public Schools Inc's revenue in 2022 was $14,903.

Who are the executives of Education Foundation For Isle Of Wight Public Schools Inc and what are their salaries?

There 12 volunteers at Education Foundation For Isle Of Wight Public Schools Inc.


Here are 4 key members and their salaries:


Cat Breckenridge (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Edmonds (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Distephano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Micciche (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Education Foundation For Isle Of Wight Public Schools Inc?

Education Foundation For Isle Of Wight Public Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Education Foundation For Isle Of Wight Public Schools Inc

The Education Foundation For Isle Of Wight Public Schools Inc is committed to upholding the standard of education in Isle of Wight County. Its primary mission is to contribute to this endeavor by facilitating the attraction, retention, and recognition of local educators. Moreover, the foundation supports supplementary programs that aim to boost student achievements, thereby enhancing the overall educational landscape. By focusing on these areas, the Education Foundation For Isle Of Wight Public Schools Inc plays a significant role in fostering a conducive environment for learning and growth in the county.

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Impact




August, 2024

The Education Foundation For Isle Of Wight Public Schools Inc plays a crucial role in supporting quality education in Isle of Wight County. By aiding in the attraction, retention, and recognition of local educators, as well as providing support for supplemental programs that enhance student achievements, the foundation actively contributes to the overall educational advancement within the community. Through its efforts, the foundation significantly impacts the educational landscape of Isle of Wight County, benefitting both educators and students alike.




This information is meant to be a general summary of Education Foundation For Isle Of Wight Public Schools 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.

Revenue
$14,903 (2022)
Expenses
$22,099 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $28,307

Assets and Liabilities:

  • Total Assets: $36,387
  • Total Liabilities: $0
  • Net Assets: $36,387

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Organization Details

Founding Year

2005

Principal Officer

Amy Bowman

Main Address

820 West Main Street, Smithfield, VA, 23430

NTEE Category

Code: B90 - Education

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