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Patriot Education Fund

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

EIN: 800681047 ✦ Clarendon hills, IL ✦ Designated as a 501(c)(3)

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Overview

What is Patriot Education Fund?

The Patriot Education Fund is a nonprofit organization that extends its aid to Illinois military families who have experienced the loss or disability of a loved one while serving our nation. Their primary mission is to offer scholarships, educational opportunities, and mentoring to families affected post-9/11. This nonprofit organization strives to support the educational journeys of these families, helping them overcome the challenges that often arise due to their circumstances.


Official website here: www.patrioteducationfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)

The Patriot Education Fund has received a robust rating of 92%, reflecting its strong performance in accountability and finance. This high score is entirely derived from its accountability metrics, indicating that the organization manages its resources responsibly and effectively. The organization boasts 100% independent board members, which enhances its governance structure and accountability.

The evaluation highlights several strengths, including a solid program expense ratio of approximately 66%, indicating a commitment to using funds for its intended charitable purposes. The organization is also recognized for having comprehensive policies in place, such as conflict of interest and whistleblower policies, which further demonstrate its dedication to transparency and ethical practices.

While the organization shows commendable financial management and governance, there may be areas with room for improvement, such as its program expense ratio, which is just shy of the ideal threshold. Overall, the ratings suggest that the Patriot Education Fund operates with integrity and effectiveness, making it a reliable choice for potential donors.


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

Is Patriot Education Fund legitimate?

Patriot Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patriot Education Fund 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.patrioteducationfund.org

What is the mission statement of Patriot Education Fund?

The Patriot Education Fund is dedicated to providing scholarships, educational opportunities, and mentoring to families who have been affected by the death or disability of a loved one serving in the military post-9/11. Their mission is to support these families in Illinois, helping them continue their education and navigate through challenging times. The fund offers financial assistance, educational resources, and mentoring to ensure these families have the necessary support to overcome their difficulties and thrive.


Official website here: www.patrioteducationfund.org

Who is the CEO of Patriot Education Fund?

Mark Slaby is the Founder/President of Patriot Education Fund.


Official website here: www.patrioteducationfund.org

What is the revenue of Patriot Education Fund?

Patriot Education Fund's revenue in 2022 was $12,567.


Official website here: www.patrioteducationfund.org

Who are the executives of Patriot Education Fund and what are their salaries?

There 5 volunteers at Patriot Education Fund.


Here are 4 key members and their salaries:


Mark Slaby (Founder/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Slaby (Founder/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Broderick (Vice President/Secretary)
  • Compensation: $9,363
  • Related: $0
  • Other: $0
Ellen Wesley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.patrioteducationfund.org

Where can I find the form 990 for Patriot Education Fund?

Patriot Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.patrioteducationfund.org

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

Mission Statement of Patriot Education Fund

The Patriot Education Fund is committed to extending assistance in the form of scholarships, educational opportunities, and mentoring to families who have been affected by the death or disability of a loved one serving our country post-9/11. This nonprofit organization aims to provide these resources to Illinois-based military families, helping them navigate their challenges and pursue higher education. By offering scholarships, educational opportunities, and mentoring, the Patriot Education Fund seeks to support these families in rebuilding their lives and overcoming the difficulties they have faced.

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Impact




August, 2024

Patriot Education Fund provides scholarships, educational opportunities, and mentoring to post 9/11 military families in Illinois. The organization offers crucial support to those who have been impacted by the death or disability of a loved one in service to our country. Through its programs, Patriot Education Fund makes a significant impact by helping these families access educational funding and support services to pursue their academic and personal goals.




This information is meant to be a general summary of Patriot Education Fund. 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
$12,567 (2022)
Expenses
$76,390 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $124
  • Gross Receipts: $43,571

Assets and Liabilities:

  • Total Assets: $258,304
  • Total Liabilities: $13,094
  • Net Assets: $245,210

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Organization Details

Founding Year

2011

Principal Officer

Mark Slaby

Main Address

312 PARK AVE 31, CLARENDON HILLS, IL, 60514

NTEE Category

Code: T30 - Philanthropy

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