Overview
What is Spring Branch Education Foundation?
The Spring Branch Education Foundation is a nonprofit organization situated in Houston, Texas, at 955 Campbell Road No 206. Its primary mission is to support and enhance the Spring Branch Independent School District community. This is accomplished through various programs, such as fostering community networks, encouraging student leadership, and offering mentoring activities. Established with the purpose of collecting and distributing funds, property, and gifts exclusively for the benefit of the Spring Branch Independent School District, the foundation operates with a single employee.
Official website here: www.cms.springbranchisd
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Spring Branch Education Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 97%, the foundation demonstrates exemplary financial practices, including a high program expense ratio of 93.21%, indicating that the majority of its funds are directed towards its educational programs. The organization also benefits from a fully independent board, which adds to its credibility and governance standards.
Strengths of the foundation include its exceptional oversight mechanisms, as evidenced by perfect scores in areas such as financial statements audit and oversight, as well as a clear conflict of interest policy. The organization has successfully avoided any material diversion of assets and maintains transparency through thorough documentation practices. This level of accountability not only fosters trust among donors but also enhances the foundation's operational stability.
While the foundation's current financial health appears robust, the data does not indicate any specific limitations or areas of concern in its operations. Overall, the Spring Branch Education Foundation stands out as a well-managed nonprofit with a strong commitment to supporting educational initiatives efficiently and effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Spring Branch Education Foundation legitimate?
Spring Branch Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spring Branch 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:
Executive Compensation: $115,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cms.springbranchisd
What is the mission statement of Spring Branch Education Foundation?
The Spring Branch Education Foundation was established with the primary objective of collecting and distributing funds, property, and gifts solely for the benefit of the Spring Branch Independent School District. This foundation's mission is to enhance the community of the Spring Branch Independent School District through various programs, including the Community Network and student leadership and mentoring activities. By doing so, the foundation aims to contribute positively to the educational experience and overall development of the students within this district.
Official website here: www.cms.springbranchisd
What is the revenue of Spring Branch Education Foundation?
Spring Branch Education Foundation's revenue in 2023 was $4,351,668.
Official website here: www.cms.springbranchisd
Who are the executives of Spring Branch Education Foundation and what are their salaries?
The average compensation at Spring Branch Education Foundation during 2023 was $115,250. There is 1 employee and 250 volunteers at Spring Branch Education Foundation.
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Official website here: www.cms.springbranchisd
Where can I find the form 990 for Spring Branch Education Foundation?
Spring Branch Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cms.springbranchisd
Learn more at the official website: www.cms.springbranchisd
Mission Statement of Spring Branch Education Foundation
The Spring Branch Education Foundation was established with the primary objective of receiving and distributing funds, property, and gifts solely for the benefit of the Spring Branch Independent School District. This nonprofit organization's mission is centered around enhancing the community within the Spring Branch Independent School District. They achieve this goal through various programs such as the Community Network, student leadership activities, and mentoring initiatives. By implementing these initiatives, the Spring Branch Education Foundation aims to positively impact the educational experience and overall well-being of the district's students and community.
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Impact
July, 2024
Spring Branch Education Foundation plays a crucial role in enhancing the community of the Spring Branch Independent School District. Through its various programs like community network initiatives, student leadership development, and mentoring activities, the foundation positively impacts the educational experience and future prospects of students in the district. By receiving and disbursing funds, property, and gifts exclusively for the benefit of the school district, the foundation contributes significantly to the improvement of educational outcomes and opportunities for the students and the community at large.
This information is meant to be a general summary of Spring Branch 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 2023.
- Investment Income: $46,846
- Gross Receipts: $4,846,216
Assets and Liabilities:
- Total Assets: $3,806,115
- Total Liabilities: $343,532
- Net Assets: $3,462,583
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Organization Details
Founding Year
1993
Principal Officer
Cece Thompson
Website
www.cms.springbranchisdNTEE Category
Code: B12 - Education
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