Overview
What is Pilot Point Education Foundation?
The Pilot Point Education Foundation is a nonprofit organization situated in Pilot Point, Texas. Its primary mission is to augment and improve educational prospects for students within the Pilot Point Independent School District, as resources for such endeavors may be lacking. The foundation has been successful in offering scholarships to a total of 29 students, assisting them in pursuing higher education, vocational training, or other commendable educational ventures. The Pilot Point Education Foundation serves as a crucial support system for the district's students, enhancing their educational experiences beyond what is typically funded.
Official website here: www.pilotpointeducationalfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating indicates that while the Pilot Point Education Foundation shows solid performance in certain areas, there are significant concerns regarding its accountability and transparency practices.
The organization boasts a strong commitment to program expenses, with an impressive program expense ratio of 97.44%, indicating that nearly all of its funds are directed toward its mission. Additionally, it has a fully independent board, which is a positive aspect of its governance structure. However, the lack of key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about the foundation's governance practices.
Limitations in documentation are evident as well; the foundation does not provide publicly accessible board meeting minutes or post its tax forms on its website, which are essential for transparency. These issues contributed to its low score in the Accountability & Finance category, despite its strong financial health and programmatic focus.
This AI summary has been generated from information found on Charity Navigator.
Is Pilot Point Education Foundation legitimate?
Pilot Point Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pilot Point Education Foundation submitted a form 990EZ, 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.
Official website here: www.pilotpointeducationalfoundation.org
What is the mission statement of Pilot Point Education Foundation?
The Pilot Point Education Foundation's mission is to improve and expand educational opportunities for students in the Pilot Point Independent School District. This is achieved by funding initiatives that are not otherwise provided. Notably, the foundation has granted scholarships to 11 and 18 students, supporting their higher education or vocational training, and other worthy educational endeavors. By doing so, the foundation aims to empower these students, thereby enhancing their prospects for the future.
Official website here: www.pilotpointeducationalfoundation.org
Who is the CEO of Pilot Point Education Foundation?
Micky Nortman is the President of Pilot Point Education Foundation.
Official website here: www.pilotpointeducationalfoundation.org
What is the revenue of Pilot Point Education Foundation?
Pilot Point Education Foundation's revenue in 2022 was $33,255.
Official website here: www.pilotpointeducationalfoundation.org
Who are the executives of Pilot Point Education Foundation and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.pilotpointeducationalfoundation.org
Where can I find the form 990EZ for Pilot Point Education Foundation?
Pilot Point Education Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.pilotpointeducationalfoundation.org
Learn more at the official website: www.pilotpointeducationalfoundation.org
Mission Statement of Pilot Point Education Foundation
The Pilot Point Education Foundation is committed to enhancing and enriching educational opportunities for students in the Pilot Point Independent School District. This nonprofit organization identifies areas of learning that are not currently funded, and it steps in to provide the necessary resources. One of its significant initiatives involves offering scholarships to deserving students, both for college and vocational training, as well as for other meritorious educational pursuits. By doing so, the Pilot Point Education Foundation empowers its recipients to broaden their horizons and pursue their educational aspirations.
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Impact
August, 2024
The Pilot Point Education Foundation has a significant impact on the students of the Pilot Point Independent School District by establishing, enhancing, and enriching educational opportunities that are not otherwise funded. The foundation has provided scholarships to numerous students in the district, helping them pursue college, vocational training, and other educational endeavors. This support has enabled these students to further their education and reach their academic goals, contributing to their personal growth and future success.
This information is meant to be a general summary of Pilot Point Education Foundation. 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: $10,071
- Gross Receipts: $92,227
Assets and Liabilities:
- Total Assets: $496,272
- Total Liabilities: $0
- Net Assets: $496,272
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Organization Details
Phone
(940) 686-5023Principal Officer
Micky Nortman
Main Address
PO Box 1289, Pilot Point, TX, 76258
NTEE Category
Code: B82 - Education
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