Overview
What is Texas City Independent School District Foundation For The Future?
The Texas City Independent School District Foundation For The Future is a nonprofit organization situated in Texas City, Texas. With a mission to uphold the district's goal of exceptional education, the foundation collaborates with the community and the school district to enrich, sustain, and broaden educational programs. It achieves this goal by raising and distributing resources. One of its notable activities includes granting awards to the teaching faculty and scholarships for financially disadvantaged graduating seniors from Texas City High School and La Marque High School, honoring their community service and commitment to furthering their education at junior colleges, technical schools, or community colleges.
Official website here: www.tcisd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Texas City Independent School District Foundation For The Future has received an 81% score, resulting in a Three-Star rating. This score is derived entirely from its Accountability & Finance beacon, indicating a strong emphasis on financial management and transparency. The organization has demonstrated effective governance with 100% independent board members and a solid independent board size, ensuring a robust oversight structure.
The foundation has received high marks for various accountability measures, including the absence of asset diversion and the presence of essential policies like conflict of interest and whistleblower protections. Additionally, it shows a healthy liabilities to assets ratio of 0.04%, reflecting fiscal responsibility. Its program expense ratio of 78.04% suggests a significant portion of funds is directed towards its programs, aligning with best practices in nonprofit financial management.
While the foundation excels in accountability and finance, the single beacon score may limit a comprehensive evaluation of its overall impact and effectiveness. However, its strong governance practices provide a solid foundation for potential growth and community involvement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Texas City Independent School District Foundation For The Future?
92% of the five reviewers on Facebook recommend the Texas City Independent School District Foundation for the Future. Here's a summary of their comments:
Many supporters appreciate the foundation’s commitment to enhancing education within the Texas City Independent School District. The emphasis on increasing private support for educational activities resonates well with those who believe in the importance of community involvement in education.
Overall, the organization seems to have a positive impact on local education, and participants feel that it effectively works towards its vision. The favorable recommendations highlight trust in the foundation's ability to deliver on its goals.
This AI summary has been generated from reviews found on Facebook.
Is Texas City Independent School District Foundation For The Future legitimate?
Texas City Independent School District Foundation For The Future is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas City Independent School District Foundation For The Future 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
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tcisd.org
What is the mission statement of Texas City Independent School District Foundation For The Future?
The Texas City Independent School District Foundation for the Future collaborates with the community and the school district to enhance the educational experience for students. This is achieved by generating and distributing resources to enrich, maintain, and expand programs, aligning with the district's mission of excellence in education. The foundation awards grants to the teaching faculty and provides scholarships for graduating high school seniors who demonstrate community service and have a financial need for further education at a junior college, technical school, or community college. In essence, the foundation's mission is to support the school district in providing quality education, fostering growth, and recognizing exceptional students.
Official website here: www.tcisd.org
What is the revenue of Texas City Independent School District Foundation For The Future?
Texas City Independent School District Foundation For The Future's revenue in 2023 was $807,187.
Official website here: www.tcisd.org
Who are the executives of Texas City Independent School District Foundation For The Future and what are their salaries?
There 50 volunteers at Texas City Independent School District Foundation For The Future.
Here are 35 key members and their salaries:
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Official website here: www.tcisd.org
Where can I find the form 990 for Texas City Independent School District Foundation For The Future?
Texas City Independent School District Foundation For The Future's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tcisd.org
Learn more at the official website: www.tcisd.org
Mission Statement of Texas City Independent School District Foundation For The Future
The Texas City Independent School District Foundation For The Future works in collaboration with the community and the school district to ensure a high-quality education for the district's students. This nonprofit organization generates and distributes resources to enrich, maintain, and expand programs, aiming to meet the district's stated mission of excellence in education. By doing so, they aim to support the Texas City Independent School District in providing a comprehensive and effective educational experience for its students.
In essence, the Texas City Independent School District Foundation For The Future serves as a vital partner in the district's educational journey. It recognizes the importance of resources in enhancing educational programs and strives to provide the necessary support to maintain and expand these initiatives. This commitment to excellence in education is reflected in their mission to collaborate with the community and school district, with the ultimate goal of benefiting the district's students.
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Impact
July, 2024
Texas City Independent School District Foundation For The Future's impact is significant in supporting a quality education for the district's students. By generating and distributing resources to enrich, maintain, and expand programs, the foundation contributes to the district's mission of excellence in education. Through grants awarded to the teaching faculty and scholarships provided to graduating seniors in need, the foundation helps students pursue further education at junior colleges, technical schools, or community colleges. This support not only recognizes academic achievement but also fosters community service among students, enhancing their educational opportunities and prospects for the future.
This information is meant to be a general summary of Texas City Independent School District Foundation For The Future. 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: $32,761
- Program Service Revenue: $15,250
- Gross Receipts: $887,622
Assets and Liabilities:
- Total Assets: $2,014,251
- Total Liabilities: $2,594
- Net Assets: $2,011,657
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS
Revenue
$15,250
Organization Details
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