Overview
What is Father Mcelligott Sacred Heart School Foundation?
The Father Mcelligott Sacred Heart School Foundation is a nonprofit organization situated in Turlock, California, with the postal address 1225 Cooper Ave. The primary mission of this foundation is to manage and grow an endowment, aiming to secure a financially stable future for Sacred Heart School. The earnings generated from this endowment and memorials received are utilized for the school's general operations, capital improvements, and addressing any special needs. Overall, the Father Mcelligott Sacred Heart School Foundation plays a crucial role in supporting the financial well-being of Sacred Heart School.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Father Mcelligott Sacred Heart School Foundation has received an 87% rating, reflecting a solid commitment to accountability and financial health. The organization boasts a perfect score in several key areas, including having a fully independent board and no material diversion of assets. This strong governance structure supports transparency and integrity in its operations.
Strengths noted in the evaluation include a perfect program expense ratio of 100%, indicating that all funds are directly allocated to program services. Additionally, the foundation has robust policies in place related to conflict of interest and document retention, which further enhance its credibility and operational effectiveness.
While the foundation's overall rating is commendable, it is essential for potential donors and stakeholders to consider ongoing transparency and continued commitment to best practices. The absence of any noted limitations in the data suggests that the organization is functioning well in its mission and financial management, making it a viable option for support.
This AI summary has been generated from information found on Charity Navigator.
Is Father Mcelligott Sacred Heart School Foundation legitimate?
Father Mcelligott Sacred Heart School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Father Mcelligott Sacred Heart School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Father Mcelligott Sacred Heart School Foundation?
The Father Mcelligott Sacred Heart School Foundation's mission is centered around managing and disbursing an endowment, ensuring a financially stable future for Sacred Heart School. Their primary objective is to utilize the earnings generated by the endowment and memorials received, contributing towards the school's general operations, capital improvements, and various special needs. The foundation's activities are geared towards securing a solid financial foundation for the school, thereby ensuring its continued growth and development.
Who is the CEO of Father Mcelligott Sacred Heart School Foundation?
Michelle Digiovanni is the President of Father Mcelligott Sacred Heart School Foundation.
What is the revenue of Father Mcelligott Sacred Heart School Foundation?
Father Mcelligott Sacred Heart School Foundation's revenue in 2023 was $46,827.
Who are the executives of Father Mcelligott Sacred Heart School Foundation and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Father Mcelligott Sacred Heart School Foundation?
Father Mcelligott Sacred Heart School Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Father Mcelligott Sacred Heart School Foundation
The Father Mcelligott Sacred Heart School Foundation's mission is centered around managing and disbursing an endowment, ensuring a financially secure future for Sacred Heart School. This nonprofit organization's primary goal is to generate earnings from the endowment and memorials received, which are then utilized for various purposes, including the school's general operations, capital improvements, and addressing any special needs. By successfully managing the growth and disbursements of the endowment, the Father Mcelligott Sacred Heart School Foundation plays a crucial role in safeguarding the financial stability of Sacred Heart School, thereby contributing to its continued success and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Father Mcelligott Sacred Heart School Foundation plays a vital role in ensuring a solid financial future for Sacred Heart School in Turlock, CA. By managing the growth and disbursements of an endowment, the foundation provides essential financial support that has a direct impact on the school's operations.
The earnings generated from this endowment, along with memorial contributions, are allocated towards various aspects of the school's needs, including general operations, capital improvements, and special projects. This financial backing is crucial in maintaining and enhancing the quality of education and resources available at Sacred Heart School, allowing it to continually serve its students and community effectively. Through these efforts, the foundation helps to create a stable and sustainable environment for learning, fostering growth and development for years to come.
This information is meant to be a general summary of Father Mcelligott Sacred Heart School 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: $36,665
- Gross Receipts: $567,439
Assets and Liabilities:
- Total Assets: $1,788,868
- Total Liabilities: $0
- Net Assets: $1,788,868
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1946
Phone
(209) 669-5336Principal Officer
Michelle Digiovanni
Main Address
1225 COOPER AVE, TURLOCK, CA, 95380
NTEE Category
Code: B24 - Education
If you are a representative of Father Mcelligott Sacred Heart School Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.