Overview
What is Liberty Isd Education Foundation Inc?
Liberty Isd Education Foundation Inc, based in Liberty, Texas, serves as a nonprofit organization dedicated to supporting the Liberty Independent School District. Their primary function involves receiving and distributing funds, properties, and gifts for educational and charitable purposes, solely benefiting the school district. This includes donations and resources aimed at enhancing the educational experience and overall well-being of the students within the district.
Official website here: www.libertyeducationfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Star rating)
The Liberty ISD Education Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scored 63% overall, which reflects some strengths, particularly in program expense management, with a program expense ratio of 81.92%. This suggests that a significant portion of its funding is directed towards its educational programs.
However, the foundation has notable weaknesses that impacted its rating. There are no independent board members, which raises concerns about governance and oversight. Additionally, the organization lacks key policies such as a whistleblower policy and document retention and destruction policy, which are essential for maintaining transparency and accountability.
While the foundation does not have any material diversion of assets and has successfully listed its website on its tax form, the absence of independent oversight and critical governance policies suggests areas for improvement. Enhancing these aspects could bolster the foundation's credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Liberty Isd Education Foundation Inc legitimate?
Liberty Isd Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty Isd Education Foundation 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: $17,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.libertyeducationfoundation.com
What is the mission statement of Liberty Isd Education Foundation Inc?
Liberty Isd Education Foundation Inc's mission involves receiving and distributing funds, property, and gifts for educational and charitable purposes. This is done exclusively for the benefit of the Liberty Independent School District. The foundation's primary objective is to contribute to the educational wellbeing of the district, supporting it in various charitable ventures. By doing so, it aims to enhance the educational experiences and opportunities for students within the district. The foundation serves as a bridge between donors and the school district, ensuring that valuable resources are utilized effectively for educational purposes.
Official website here: www.libertyeducationfoundation.com
Who is the CEO of Liberty Isd Education Foundation Inc?
Brandon Davis is the President of Liberty Isd Education Foundation Inc.
Official website here: www.libertyeducationfoundation.com
What is the revenue of Liberty Isd Education Foundation Inc?
Liberty Isd Education Foundation Inc's revenue in 2022 was $91,982.
Official website here: www.libertyeducationfoundation.com
Who are the executives of Liberty Isd Education Foundation Inc and what are their salaries?
Here are 18 key members and their salaries:
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Official website here: www.libertyeducationfoundation.com
Where can I find the form 990 for Liberty Isd Education Foundation Inc?
Liberty Isd Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.libertyeducationfoundation.com
Learn more at the official website: www.libertyeducationfoundation.com
Mission Statement of Liberty Isd Education Foundation Inc
Liberty Isd Education Foundation Inc is an organization dedicated to receiving and disbursing funds, properties, and gifts for educational and charitable purposes. Its mission is to solely benefit the Liberty Independent School District. This nonprofit serves as a conduit for resources, channeling them towards initiatives that enhance education and charitable causes within the school district. By doing so, Liberty Isd Education Foundation Inc aims to contribute positively to the educational experiences and well-being of the students and community it serves.
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Impact
October, 2024
Liberty Isd Education Foundation Inc significantly enhances the educational landscape of the Liberty Independent School District by receiving and disbursing funds, property, and gifts specifically aimed at supporting educational and charitable initiatives. Through its dedicated efforts, the foundation ensures that resources are allocated to various programs that directly benefit students and educators, fostering a more enriched learning environment.
By focusing exclusively on the needs of the local school district, the foundation plays a pivotal role in providing financial support for innovative educational projects, extracurricular activities, and essential resources that might not otherwise be available through the traditional funding channels. This commitment not only helps to elevate the quality of education but also strengthens the community's investment in its students’ futures.
Overall, the impact of Liberty Isd Education Foundation Inc is characterized by its capacity to create opportunities for enhanced educational experiences, promoting academic success and community involvement within the Liberty area.
This information is meant to be a general summary of Liberty Isd Education Foundation 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: $48,831
- Gross Receipts: $231,680
Assets and Liabilities:
- Total Assets: $1,005,533
- Total Liabilities: $16,500
- Net Assets: $989,033
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Organization Details
Founding Year
2007
Phone
(936) 336-7213Principal Officer
Brandon Davis
Main Address
PO BOX 10437, LIBERTY, TX, 77575
NTEE Category
Code: T30 - Philanthropy
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