Overview
What is Carrollton-Farmers Branch Isd Education Foundation?
The Carrollton-Farmers Branch Isd Education Foundation is a nonprofit organization, functioning under Section 501(c)(3) of the Internal Revenue Code, dedicated to supporting the Carrollton-Farmers Branch Independent School District. Their mission encompasses raising funds and managing their expenditure for educational and charitable purposes. The foundation has a special focus on providing immediate aid to students through 28 impact grants for teachers, financing fine arts projects, and donating book vending machines.
Official website here: www.cfbisd.edu/community/education-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
The Carrollton-Farmers Branch Isd Education Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The score is based entirely on their Accountability & Finance metrics, with a perfect score of 100% in this category signifying strong governance practices and transparency in operations.
Strengths of the foundation include a fully independent board, with 94% of its members being independent, and a solid program expense ratio of 77.04%, demonstrating a commitment to utilizing funds effectively for educational programs. The organization has also implemented essential policies regarding conflict of interest, whistleblower protection, and document retention, further bolstering its credibility.
While the foundation's financial management appears robust, it is important for potential donors to consider the full context of its programs and community impact, as well as any qualitative feedback from beneficiaries, which is not covered by the numerical rating alone. Overall, the foundation demonstrates strong financial practices and governance, positioning it as a trustworthy nonprofit within the education sector.
This AI summary has been generated from information found on Charity Navigator.
Is Carrollton-Farmers Branch Isd Education Foundation legitimate?
Carrollton-Farmers Branch Isd Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carrollton-Farmers Branch Isd Education Foundation 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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For more financial information, click here
Official website here: www.cfbisd.edu/community/education-foundation
What is the mission statement of Carrollton-Farmers Branch Isd Education Foundation?
The Carrollton-Farmers Branch Isd Education Foundation is established with a mission to serve educational and charitable purposes, as per the guidelines of Section 501(c)(3) of the Internal Revenue Code. Its primary objective is to manage and utilize funds obtained through donations, aiming to benefit the Carrollton-Farmers Branch Independent School District. The foundation's activities are geared towards furthering educational and charitable causes within this context, without being limited to these specific purposes.
Official website here: www.cfbisd.edu/community/education-foundation
Who is the CEO of Carrollton-Farmers Branch Isd Education Foundation?
Donna Wald is the Interim Superintendent of Carrollton-Farmers Branch Isd Education Foundation.
Official website here: www.cfbisd.edu/community/education-foundation
What is the revenue of Carrollton-Farmers Branch Isd Education Foundation?
Carrollton-Farmers Branch Isd Education Foundation's revenue in 2022 was $212,918.
Official website here: www.cfbisd.edu/community/education-foundation
Who are the executives of Carrollton-Farmers Branch Isd Education Foundation and what are their salaries?
There 25 volunteers at Carrollton-Farmers Branch Isd Education Foundation.
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Official website here: www.cfbisd.edu/community/education-foundation
Where can I find the form 990 for Carrollton-Farmers Branch Isd Education Foundation?
Carrollton-Farmers Branch Isd Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfbisd.edu/community/education-foundation
Learn more at the official website: www.cfbisd.edu/community/education-foundation
Mission Statement of Carrollton-Farmers Branch Isd Education Foundation
Carrollton-Farmers Branch Isd Education Foundation, as a nonprofit organization, is dedicated to promoting educational and charitable causes. Operating under the guidelines of Section 501(c)(3) of the Internal Revenue Code, its primary purpose is to collect, manage, and distribute funds received from donations. This foundation has a strong commitment to supporting the Carrollton-Farmers Branch Independent School District, working towards its betterment within the broader educational landscape. By engaging in these activities, the Carrollton-Farmers Branch Isd Education Foundation strives to contribute positively to the community's educational system.
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Impact
October, 2024
The Carrollton-Farmers Branch ISD Education Foundation significantly enhances the educational experience within the Carrollton-Farmers Branch Independent School District. Through its impactful programs, the foundation addresses immediate needs of students and supports teachers in their efforts to provide high-quality education.
One of the key initiatives is the "Impact Now" grants, which provide funding to teachers for innovative classroom projects that directly benefit students. In addition to these grants, the foundation also supports the fine arts with dedicated funding, ensuring that students have access to a well-rounded education that includes cultural and artistic opportunities.
Moreover, the foundation has introduced community-focused projects such as book vending machines, promoting literacy and encouraging students to read by making books accessible in a fun and engaging way. Overall, the foundation's efforts play a crucial role in enhancing educational resources, fostering creativity, and meeting the diverse needs of students in the district.
This information is meant to be a general summary of Carrollton-Farmers Branch Isd 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: -$138,062
- Gross Receipts: $212,918
Assets and Liabilities:
- Total Assets: $1,454,401
- Total Liabilities: $25,850
- Net Assets: $1,428,551
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Organization Details
Founding Year
1997
Phone
(972) 968-4362Principal Officer
Donna Wald
Main Address
1445 PERRY ROAD, CARROLLTON, TX, 75006
NTEE Category
Code: B82 - Education
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