Overview
What is Springfield Area Education Foundation?
The Springfield Area Education Foundation is a nonprofit organization situated in Springfield, Pennsylvania, specifically at 200 South Rolling Road. Its primary mission is to provide financial support for specialized educational and athletic programs that fall outside of the usual funding channels within the Springfield School District. By doing so, the foundation aims to enrich the academic, artistic, and athletic experiences of students in the Springfield and Morton communities. The foundation fulfills its non-profit responsibility by securing funds intended to uplift the lives of students within its area.
Official website here: www.saef.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Springfield Area Education Foundation has received a solid Three-Star rating, reflecting reasonable accountability and finance practices. The high scores for independent board members and the absence of material asset diversion indicate strong governance. The foundation excels in maintaining a low liabilities-to-assets ratio and allocating a significant portion of its expenses to programs, which is a positive sign for potential donors.
However, the organization does have notable shortcomings, as it is currently missing critical policies for conflict of interest, whistleblowing, and document retention. These missing policies could raise concerns about transparency and accountability. While the foundation has demonstrated strong fiscal management, the absence of these policies may limit the trust potential supporters have in its operations.
Overall, while the Springfield Area Education Foundation shows strengths in governance and program expense allocation, addressing its policy deficiencies would further enhance its credibility and effectiveness in fundraising and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Springfield Area Education Foundation legitimate?
Springfield Area Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springfield Area 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.
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For more financial information, click here
Official website here: www.saef.net
What is the mission statement of Springfield Area Education Foundation?
The Springfield Area Education Foundation's mission is to enrich the academic, artistic, and athletic experiences of students in the Springfield School District. As a non-profit organization, its primary responsibility is to secure funding to enhance the lives of students within the Springfield and Morton communities. This is accomplished by providing funding for special educational and athletic programs that require funding beyond normal channels. The foundation aims to contribute to the overall development and well-being of these students, ensuring they have access to a broad array of educational and extracurricular opportunities.
Official website here: www.saef.net
Who is the CEO of Springfield Area Education Foundation?
Jack Sullivan is the President of Springfield Area Education Foundation.
Official website here: www.saef.net
What is the revenue of Springfield Area Education Foundation?
Springfield Area Education Foundation's revenue in 2022 was $598,823.
Official website here: www.saef.net
Who are the executives of Springfield Area Education Foundation and what are their salaries?
There 25 volunteers at Springfield Area Education Foundation.
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Official website here: www.saef.net
Where can I find the form 990 for Springfield Area Education Foundation?
Springfield Area Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.saef.net
Learn more at the official website: www.saef.net
Mission Statement of Springfield Area Education Foundation
The Springfield Area Education Foundation, as a non-profit organization, is committed to enriching the academic, artistic, and athletic experiences of students within the Springfield School District. Their mission lies in securing funding designed to enhance the lives of students beyond the normal budgetary constraints. This foundation provides financial support for specialized educational and athletic programs that require additional resources. By doing so, they aim to contribute positively to the overall development and well-being of students within the Springfield and Morton communities.
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Impact
July, 2024
Springfield Area Education Foundation's impact is evident in its efforts to enrich the academic, artistic, and athletic experience of Springfield School District students. By providing funding for educational and athletic special programs that require resources beyond the normal channels, the foundation plays a vital role in enhancing the lives of students within the Springfield and Morton communities. Through its work, Springfield Area Education Foundation is helping to ensure that students have access to enhanced opportunities and experiences that contribute to their overall growth and development.
This information is meant to be a general summary of Springfield Area 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: $210,046
- Gross Receipts: $807,114
Assets and Liabilities:
- Total Assets: $2,016,086
- Total Liabilities: $181,338
- Net Assets: $1,834,748
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Organization Details
Founding Year
2005
Phone
(610) 938-6034Principal Officer
Jack Sullivan
Main Address
200 SOUTH ROLLING ROAD, SPRINGFIELD, PA, 19064
Website
www.saef.netNTEE Category
Code: B11 - Education
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