Overview
What is Foundation For Allen Schools?
The Foundation for Allen Schools is a nonprofit organization situated in Allen, Texas. With a focus on education, their primary objective is to award scholarships to deserving high school graduates within the Allen Independent School District. Furthermore, they extend their support to educational programs and educators within the district by granting funds. Based in Allen, Texas, the Foundation plays a significant role in nurturing the academic growth of the community by investing in its future leaders and educators.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Foundation For Allen Schools has achieved a strong rating of 94%, reflecting an impressive level of accountability and financial management. This score is derived entirely from their Accountability & Finance metrics, highlighting the charity's commitment to transparency and responsible financial practices. Notably, the organization boasts a complete independent board, demonstrating a robust governance structure.
Strengths include a lack of material diversion of assets and comprehensive fiscal audits, with perfect scores in several key areas such as conflict of interest and whistleblower policies. The organization also effectively allocates 74.09% of its expenses directly to programs, indicating a strong focus on fulfilling its mission.
While the data reflects significant organizational strengths, there is no mention of specific programmatic impact or beneficiary feedback, which could provide a fuller picture of the charity's effectiveness in achieving its goals. Overall, the Foundation For Allen Schools stands out as a well-managed nonprofit focused on accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Allen Schools legitimate?
Foundation For Allen Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Allen Schools 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: $116,522
For more financial information, click here
What is the mission statement of Foundation For Allen Schools?
The Foundation For Allen Schools, in its mission, is dedicated to supporting the educational growth of the community. It accomplishes this through the provision of scholarships to graduating high school students within the Allen Independent School District. Additionally, the foundation extends its support to educational programs and educators within the district by offering grant awards. In essence, the organization aims to empower and invest in the future of its students and educators, fostering a thriving educational environment.
Who is the CEO of Foundation For Allen Schools?
Susan Olinger is the President of Foundation For Allen Schools.
What is the revenue of Foundation For Allen Schools?
Foundation For Allen Schools's revenue in 2023 was $673,821.
Who are the executives of Foundation For Allen Schools and what are their salaries?
Here are 25 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Foundation For Allen Schools?
Foundation For Allen Schools's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Foundation For Allen Schools
The Foundation for Allen Schools, as a nonprofit organization, is committed to two primary objectives. Firstly, it offers scholarships to deserving high school graduates within the Allen Independent School District. These scholarships serve as a financial aid, providing these students with the opportunity to pursue higher education.
Secondly, the Foundation extends its support to educational programs and educators within the same school district through Grant awards. By doing so, it aims to enhance the quality of education and empower teachers to innovate and improve their teaching methods, ultimately benefiting the students. This dual mission of the Foundation for Allen Schools is instrumental in fostering educational growth and success among its students and educators.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Foundation For Allen Schools has a significant impact on the educational landscape of the Allen Independent School District. By providing scholarships to graduating high school students, the Foundation helps to alleviate financial barriers to higher education, enabling students to pursue their academic goals. Additionally, the Foundation's support of educational programs and educators through grant awards enhances the overall learning environment within the District, fostering innovation and excellence in teaching and learning. Through its initiatives, Foundation For Allen Schools plays a crucial role in empowering students and educators to achieve their full potential and contribute positively to the community.
This information is meant to be a general summary of Foundation For Allen Schools. 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 2023.
- Investment Income: $81,233
- Gross Receipts: $809,148
Assets and Liabilities:
- Total Assets: $1,706,329
- Total Liabilities: $15,568
- Net Assets: $1,690,761
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1997
Principal Officer
Susan Olinger
Main Address
PO Box 13, Allen, TX, 75013
NTEE Category
Code: B11 - Education
If you are a representative of Foundation For Allen Schools and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.