Overview
What is Wichita Falls Independent School District Foundation Inc?
Wichita Falls Independent School District Foundation Inc is a nonprofit organization situated in Wichita Falls, Texas, specifically at 1104 BROAD. Its primary mission is to foster quality education by establishing, supporting, and enhancing programs that are not already funded by the Wichita Falls Independent School District. Through its initiatives, the foundation aims to contribute positively to the educational experiences of the community, ultimately bettering the lives of its residents and students.
Official website here: www.wfisd.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Wichita Falls Independent School District Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. With a score of 80% in Accountability & Finance, the organization demonstrates a commitment to transparency, evidenced by an independent board with 100% members and a complete lack of material asset diversion.
Key strengths include a high program expense ratio of 99.66%, indicating that nearly all funds are directed towards its programs. Additionally, the foundation shows excellent fundraising efficiency, with no costs associated with fundraising, which maximizes the resources available for educational initiatives. The organization has maintained an impressive liabilities to assets ratio of 0.00%, showcasing its financial stability.
While the organization scores well in critical areas, an overall rating of 80% suggests there may be room for improvement in specific operational aspects or community engagement. However, the current financial practices indicate a well-managed nonprofit focused on its mission within the school district.
This AI summary has been generated from information found on Charity Navigator.
Is Wichita Falls Independent School District Foundation Inc legitimate?
Wichita Falls Independent School District Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wichita Falls Independent School District 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.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wfisd.net
What is the mission statement of Wichita Falls Independent School District Foundation Inc?
The Wichita Falls Independent School District Foundation Inc is committed to enhancing the quality of education by establishing, supporting, and improving programs that are not already funded by the Wichita Falls Independent School District. They strive to contribute positively to the educational landscape, ensuring that various educational initiatives receive the necessary resources and backing. The foundation's activities aim to enrich the educational experiences of students, ultimately contributing to their overall development and success.
Official website here: www.wfisd.net
Who is the CEO of Wichita Falls Independent School District Foundation Inc?
January Cadotte is the Vice President of Wichita Falls Independent School District Foundation Inc.
Official website here: www.wfisd.net
What is the revenue of Wichita Falls Independent School District Foundation Inc?
Wichita Falls Independent School District Foundation Inc's revenue in 2022 was $2,865,257.
Official website here: www.wfisd.net
Who are the executives of Wichita Falls Independent School District Foundation Inc and what are their salaries?
There 16 volunteers at Wichita Falls Independent School District Foundation Inc.
Here are 13 key members and their salaries:
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- Compensation: $67,705
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Official website here: www.wfisd.net
Where can I find the form 990 for Wichita Falls Independent School District Foundation Inc?
Wichita Falls Independent School District Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wfisd.net
Learn more at the official website: www.wfisd.net
Mission Statement of Wichita Falls Independent School District Foundation Inc
Wichita Falls Independent School District Foundation Inc is committed to advancing the standard of education in the community. Their mission is to establish, support, and enhance educational programs that are not already funded by the Wichita Falls Independent School District. By doing so, they aim to promote quality education and contribute to the overall development of students and the community as a whole. The foundation's efforts are focused on bridging the gap in educational needs, providing additional resources and opportunities that can significantly impact the learning experience and future prospects of students.
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Impact
July, 2024
Wichita Falls Independent School District Foundation Inc works to promote quality education by establishing, supporting, and enhancing programs not otherwise funded by the Wichita Falls Independent School District. Through its initiatives, the foundation directly impacts the educational experience of students within the district by providing additional resources and opportunities beyond what is typically available. By focusing on enhancing educational programs, the foundation contributes to the overall improvement of academic outcomes and student success in Wichita Falls, TX.
This information is meant to be a general summary of Wichita Falls Independent School District 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: $7,789
- Gross Receipts: $2,865,257
Assets and Liabilities:
- Total Assets: $922,036
- Total Liabilities: $0
- Net Assets: $922,036
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Organization Details
Founding Year
1987
Phone
(940) 704-0643Principal Officer
January Cadotte
Main Address
1104 BROAD, WICHITA FALLS, TX, 76301
Website
www.wfisd.netNTEE Category
Code: B12 - Education
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