Overview
What is Texas Foundation For Educational Advancement Inc?
Texas Foundation for Educational Advancement Inc, operating under the name "The Da Vinci School," is a nonprofit organization based in Dallas, Texas. Located at 10909 Midway Road, this organization provides educational opportunities for children aged from 18 months to kindergarten. Their mission is to foster a joy in learning, enhance a child's ability to learn, and cultivate their interest in learning while boosting their self-confidence. They achieve this through hands-on learning methods in a nurturing environment. With a staff of 67 dedicated individuals, The Da Vinci School aims to establish basic skills in young learners.
Official website here: www.davincischool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Texas Foundation For Educational Advancement Inc has earned a Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The organization demonstrates strong governance practices, with 100% of its board members being independent. Additionally, it has a low liabilities to assets ratio, showcasing its financial stability.
One of the notable strengths of this nonprofit is its high program expense ratio of 88.60%, which suggests that a significant portion of its resources is directed towards its educational programs rather than administrative costs. The foundation has also implemented essential policies such as conflict of interest and whistleblower protections, which contribute to its transparency and ethical management.
There are no significant limitations identified in the data, as the organization has shown no material diversion of assets and maintains detailed documentation of board meeting minutes. Overall, the Texas Foundation For Educational Advancement Inc is performing well in key areas of financial accountability and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Foundation For Educational Advancement Inc legitimate?
Texas Foundation For Educational Advancement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Foundation For Educational Advancement 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: $239,292
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,389,169
For more financial information, click here
Official website here: www.davincischool.org
What is the mission statement of Texas Foundation For Educational Advancement Inc?
The Texas Foundation for Educational Advancement Inc's mission is centered around fostering a child's joy in learning, enhancing their ability to learn, and increasing their interest in education. This is achieved through innovative teaching methods that not only improve learning skills but also boost the child's self-confidence. The foundation provides age-appropriate educational opportunities for children ranging from 18 months to kindergarten, utilizing hands-on learning methods in a nurturing environment.
Official website here: www.davincischool.org
Who is the CEO of Texas Foundation For Educational Advancement Inc?
Mary Ann Greene is the Vice Chair of Texas Foundation For Educational Advancement Inc.
Official website here: www.davincischool.org
What is the revenue of Texas Foundation For Educational Advancement Inc?
Texas Foundation For Educational Advancement Inc's revenue in 2022 was $3,881,910.
Official website here: www.davincischool.org
Who are the executives of Texas Foundation For Educational Advancement Inc and what are their salaries?
The average compensation at Texas Foundation For Educational Advancement Inc during 2022 was $24,305. There are 67 employees and 50 volunteers at Texas Foundation For Educational Advancement Inc.
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Official website here: www.davincischool.org
Where can I find the form 990 for Texas Foundation For Educational Advancement Inc?
Texas Foundation For Educational Advancement Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.davincischool.org
Learn more at the official website: www.davincischool.org
Mission Statement of Texas Foundation For Educational Advancement Inc
The Texas Foundation for Educational Advancement Inc is dedicated to fostering a child's joy in learning, ability to learn, and interest in learning. This is achieved through innovative teaching methods that enhance their learning experience. By doing so, the foundation aims to boost the child's self-confidence, thereby establishing essential skills at a young age. The private educational institution caters to children ranging from 18 months to kindergarten, providing them with age-appropriate educational opportunities using hands-on learning methods in a nurturing environment.
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Impact
July, 2024
Texas Foundation For Educational Advancement Inc positively impacts children in Dallas, Texas by providing age-appropriate educational opportunities that enhance basic skills and foster a joy in learning. Through hands-on learning methods in a nurturing environment, the organization helps children ranging from 18 months to kindergarten develop their abilities, interests, and self-confidence.
This information is meant to be a general summary of Texas Foundation For Educational Advancement 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: $3,494
- Program Service Revenue: $2,301,234
- Gross Receipts: $3,882,088
Assets and Liabilities:
- Total Assets: $12,384,430
- Total Liabilities: $2,530,538
- Net Assets: $9,853,892
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$2,220,964
REGISTRATION FEES
Revenue
$78,934
OTHER INCOME
Revenue
$1,336
Organization Details
Founding Year
1987
Phone
(214) 373-9504Principal Officer
Mary Ann Greene
Main Address
10909 MIDWAY ROAD, DALLAS, TX, 75229
Website
www.davincischool.orgNTEE Category
Code: B21Z - Education
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