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Simonds Music And Technology Founda

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

EIN: 770572986 ✦ San jose, CA ✦ Designated as a 501(c)(3)

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Overview

What is Simonds Music And Technology Founda?

Simonds Music and Technology Foundation, based in San Jose, California, is a nonprofit organization that generously supports the music programs in the San Jose Unified School District. Their contributions extend to the band, choir, and strings programs, as well as funding for essential resources such as musical instruments, books, supplies, and uniforms. The foundation also invests in providing a comprehensive music and technology curriculum to all students attending George W. Simonds Elementary School, a public institution. Their mission is to enrich the educational experience of these students by fostering a love for music and technology.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating indicates that while Simonds Music And Technology Foundation has a solid program expense ratio of 84.88% and a perfect score for board independence and structure, there are significant governance issues noted in their evaluation.

Strengths of the organization include a strong emphasis on independent board governance, with perfect scores in areas such as board size and documentation of meeting minutes. Additionally, the foundation shows no liabilities, reflecting a stable financial position. However, the overall rating is tempered by the absence of several key governance policies and transparency measures.

Limitations include missing conflict of interest and whistleblower policies, as well as the absence of their tax form on the website. These shortcomings suggest a need for improved governance practices and transparency, which are essential for fostering donor trust and accountability. Overall, while the foundation demonstrates effective program spending, addressing these governance gaps would enhance their rating and organizational credibility.


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

Is Simonds Music And Technology Founda legitimate?

Simonds Music And Technology Founda is a legitimate nonprofit organization registered as a 501(c)(3) entity. Simonds Music And Technology Founda 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 Simonds Music And Technology Founda?

The Simonds Music and Technology Foundation's primary objective is to fund the supply of a comprehensive music and technology curriculum for all students attending a specific public elementary school. This foundation supports the local school district, contributing to the band, choir, and strings music programs, as well as employing three part-time district instructors. Furthermore, the foundation provides resources such as musical instruments, books, supplies, and uniforms to enhance these programs.

What is the revenue of Simonds Music And Technology Founda?

Simonds Music And Technology Founda's revenue in 2024 was $31,112.

Who are the executives of Simonds Music And Technology Founda and what are their salaries?

Here are 5 key members and their salaries:


Rebecca Jessup (Teacher Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kiera Strockis (Principal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yogita Devarajan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin O'Leary (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Reichmuth (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Simonds Music And Technology Founda?

Simonds Music And Technology Founda's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Simonds Music And Technology Founda

The Simonds Music and Technology Foundation is committed to enriching the educational experience of students attending George W. Simonds Elementary School by providing funding for a comprehensive music and technology curriculum. This nonprofit organization aims to equip all students with the necessary resources, including musical instruments, books, supplies, and uniforms, to participate in band, choir, and strings programs. Additionally, the foundation supports the school district by funding three part-time district instructors dedicated to these music programs. By investing in music and technology education, the Simonds Music and Technology Foundation seeks to foster a well-rounded learning environment that nurtures the talents and interests of each student.

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Impact




October, 2024

Simonds Music and Technology Foundation significantly enhances the educational experience for students at George W. Simonds Elementary School in San Jose, California, by providing essential funding for music and technology curricula. This support ensures that all students have access to comprehensive music education, enriching their academic journey and encouraging creativity.

The foundation's impact extends to the San Jose Unified School District, where it funds vital music programs, including band, choir, and strings, which are led by three part-time district instructors. This financial backing fosters an environment where music can thrive, enabling students to explore various musical disciplines and develop their talents.

Additionally, the foundation supplies students with musical instruments, books, supplies, and uniforms, ensuring they have the necessary resources to participate fully in their chosen musical activities. By equipping students with these tools, Simonds Music and Technology Foundation nurtures a culture of artistic expression, teamwork, and discipline.

Overall, the foundation plays a crucial role in empowering students through music and technology education, creating opportunities for personal growth and inspiring a lifelong appreciation for the arts.




This information is meant to be a general summary of Simonds Music And Technology Founda. 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
$31,112 (2024)
Expenses
$128,178 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $35
  • Program Service Revenue: $1,500
  • Gross Receipts: $45,356

Assets and Liabilities:

  • Total Assets: $321,697
  • Total Liabilities: $0
  • Net Assets: $321,697

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BAND / CHOIR /STRINGS REVENUE

Revenue

$1,500

Organization Details

Founding Year

2001

Principal Officer

Kristin O'Leary

NTEE Category

Code: B112 - Education

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