Overview
What is Katy Isd Education Foundation?
Katy ISD Education Foundation is a nonprofit organization located at 6301 South Stadium Lane, Katy, Texas 77494. Its primary mission is to provide supplemental funding for educational programs within Katy Independent School District (ISD). This is achieved through in-kind donations of services from Katy ISD, which contribute to salary allocations, materials, and facility use costs for the foundation's programs. These programs include offering scholarships and grants to benefit students within Katy ISD. The foundation's goal is to enhance and support the educational experiences of students within this district.
Official website here: www.katyisdeducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Katy ISD Education Foundation has received an impressive Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. With a total score of 96%, the foundation demonstrates a commitment to transparency and effective management, as evaluated through various metrics, including its independent board composition and financial oversight.
A notable strength of the foundation is its fully independent board, which reflects a robust governance structure. The foundation scored full marks in several areas, such as the independent board size and the presence of essential policies like conflict of interest and whistleblower protections. Additionally, the organization shows a healthy financial position with a liabilities to assets ratio of 50.61% and a program expense ratio of 76.34%, signifying that a significant portion of its funds is directed towards its programs.
While the foundation excels in its accountability and finance ratings, the summary does not highlight any specific limitations or areas for improvement. Overall, the Katy ISD Education Foundation is positioned as a reliable nonprofit, effectively utilizing its resources to support educational initiatives within the Katy Independent School District.
This AI summary has been generated from information found on Charity Navigator.
Is Katy Isd Education Foundation legitimate?
Katy Isd Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Katy Isd 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:
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Other Salaries and Wages: $32,724
For more financial information, click here
Official website here: www.katyisdeducationfoundation.org
What is the mission statement of Katy Isd Education Foundation?
The Katy ISD Education Foundation's mission is centered around providing supplemental funding for educational programs within the Katy Independent School District. They achieve this by receiving in-kind donated services, such as salary allocations, materials, and facility use costs, from Katy ISD. These resources enable the foundation to offer scholarships and grants, thereby benefiting the students and educational initiatives within the district. The primary focus of their activities is to enhance the educational opportunities available to students within Katy ISD.
Official website here: www.katyisdeducationfoundation.org
Who is the CEO of Katy Isd Education Foundation?
Kyle Stanzel is the Director of Katy Isd Education Foundation.
Official website here: www.katyisdeducationfoundation.org
What is the revenue of Katy Isd Education Foundation?
Katy Isd Education Foundation's revenue in 2022 was $494,840.
Official website here: www.katyisdeducationfoundation.org
Who are the executives of Katy Isd Education Foundation and what are their salaries?
There 60 volunteers at Katy Isd Education Foundation.
Here are 33 key members and their salaries:
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Official website here: www.katyisdeducationfoundation.org
Where can I find the form 990 for Katy Isd Education Foundation?
Katy Isd Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.katyisdeducationfoundation.org
Learn more at the official website: www.katyisdeducationfoundation.org
Mission Statement of Katy Isd Education Foundation
The Katy ISD Education Foundation is dedicated to providing supplemental funding for educational programs within Katy Independent School District. To achieve this mission, the organization receives in-kind donated services such as salary allocations, materials, and facility use costs from Katy ISD. Utilizing these resources, the Foundation offers scholarships and grants to benefit Katy ISD, thereby enriching the educational experiences of its students. In essence, the Katy ISD Education Foundation plays a crucial role in providing additional financial support for various educational initiatives within the district.
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Impact
July, 2024
Katy ISD Education Foundation's impact is significant in supporting and enhancing educational programs within Katy ISD. By providing supplemental funding through scholarships and grants, the foundation directly benefits students and educators in the district. The organization's mission to support educational initiatives aligns with the goal of ensuring a high-quality learning environment for all students in Katy, TX. Through their efforts, the foundation plays a crucial role in enriching educational opportunities and fostering academic success within the community.
This information is meant to be a general summary of Katy Isd 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 2022.
- Investment Income: $232
- Gross Receipts: $578,977
Assets and Liabilities:
- Total Assets: $1,264,851
- Total Liabilities: $634,167
- Net Assets: $630,684
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Organization Details
Founding Year
2011
Phone
(281) 396-2321Principal Officer
Kyle Stanzel
Main Address
6301 SOUTH STADIUM LANE, KATY, TX, 77494
NTEE Category
Code: B112 - Education
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