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Second Baptist School Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760088961 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Second Baptist School Foundation Inc?

Second Baptist School Foundation Inc, located in Houston, Texas, is a nonprofit organization dedicated to supporting the academic and overall development of Second Baptist School, a private institution established in 1947. The foundation achieves this by soliciting and managing donations, which are then allocated towards various areas such as operations, staff development, technology, scholarships, athletics, fine arts, parent association, and benevolence. The 2022-2023 annual campaign raised a significant amount of $1,812,570, contributing to these various sectors.


Official website here: www.secondbaptistschool.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 82% (Three-Star out of Four Star Rating)

The Second Baptist School Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a solid accountability and finance score of 82%. This score indicates that the organization operates with a reasonable level of transparency and financial responsibility, particularly highlighted by its program expense ratio of 74.81%, which suggests a significant portion of funds are directed towards its initiatives.

Strengths of the organization include a fully independent board with effective oversight mechanisms, as evidenced by a high score for the audit and oversight committee. Additionally, there are no reported issues regarding the diversion of assets, which speaks to the integrity of the organization's financial practices. The foundation also maintains a very favorable liabilities to assets ratio, indicating a solid financial position.

However, there are notable limitations, primarily related to the absence of key policies such as a conflict of interest policy and a whistleblower policy. These gaps in governance could pose risks to the organization's accountability. Furthermore, some documentation practices, like tax forms being distributed to the board prior to filing, are lacking, which may affect the overall governance framework.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Second Baptist School Foundation Inc?

70% of the 19 reviewers on Facebook recommend Second Baptist School Foundation Inc. Here is a summary of their reviews:

While some individuals express disappointment regarding specific experiences, particularly related to sportsmanship during a recent baseball game, the overall sentiment indicates a degree of support for the nonprofit. It appears that some attendees may have had negative experiences, which could overshadow the positive aspects of the foundation's activities.

Despite the criticism, the foundation still has supporters who appreciate its mission and offerings. The mixed reactions highlight the importance of maintaining a positive environment and fostering good sportsmanship among students and fans alike.


This AI summary has been generated from reviews found on Facebook.

Is Second Baptist School Foundation Inc legitimate?

Second Baptist School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Baptist School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.secondbaptistschool.org

What is the mission statement of Second Baptist School Foundation Inc?

The Second Baptist School Foundation's mission is centered around supporting and enhancing the academic and personal growth of students at the Second Baptist School, a private institution established in 1947. The foundation achieves this by soliciting and accepting appropriate donations and bequests, with a particular focus on providing financial aid to deserving students. The primary objective of these activities is to aid in the overall development of the students, ensuring they have the necessary resources to thrive academically.


Official website here: www.secondbaptistschool.org

Who is the CEO of Second Baptist School Foundation Inc?

David Tauber is the Chairman of Second Baptist School Foundation Inc.


Official website here: www.secondbaptistschool.org

What is the revenue of Second Baptist School Foundation Inc?

Second Baptist School Foundation Inc's revenue in 2023 was $5,185,884.


Official website here: www.secondbaptistschool.org

Who are the executives of Second Baptist School Foundation Inc and what are their salaries?

There 250 volunteers at Second Baptist School Foundation Inc.


Here are 3 key members and their salaries:


David Tauber (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moulton Goodrum (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Goolsby (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.secondbaptistschool.org

Where can I find the form 990 for Second Baptist School Foundation Inc?

Second Baptist School Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.secondbaptistschool.org

Learn more at the official website: www.secondbaptistschool.org

Mission Statement of Second Baptist School Foundation Inc

The Second Baptist School Foundation is established with the primary objective of supporting and advancing the educational growth and development of the Second Baptist School, a private institution founded in 1947. Recognizing the importance of providing equal opportunities, the Foundation is authorized to solicit and accept appropriate donations and bequests, intended to further these purposes. One of the key initiatives of the Foundation is extending financial assistance to deserving students of the school. This commitment is not limited, ensuring that the Foundation can cater to various needs that contribute to the overall well-being and success of the students.

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Impact




July, 2024

Second Baptist School Foundation Inc's impact can be seen through its annual campaign, which raised $1,812,570 for the 2022-2023 school year. These funds were utilized in various crucial areas such as operations, staff development, technology, scholarships, athletics, fine arts, parents association, and benevolence. The Foundation plays a significant role in supporting the academic and physical growth of Second Baptist School, a private institution in Houston, TX, founded in 1947. By soliciting and accepting gifts and bequests, the Foundation further empowers its mission to provide financial assistance to deserving students. Through these efforts, the Foundation contributes to the advancement and development of education in the community.




This information is meant to be a general summary of Second Baptist School 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.

Revenue
$5,185,884 (2023)
Expenses
$3,439,221 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $777,854
  • Gross Receipts: $16,647,711

Assets and Liabilities:

  • Total Assets: $26,970,859
  • Total Liabilities: $175,061
  • Net Assets: $26,795,798

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Organization Details

Founding Year

1988

Principal Officer

David Tauber

Main Address

6400 WOODWAY, HOUSTON, TX, 77057

NTEE Category

Code: B24I - Education

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