Overview
What is Sanford Schools Legacy Foundation Incorporated?
Sanford Schools Legacy Foundation Incorporated, located at 917 Main Street APT 200, Sanford, Maine 04073, is a nonprofit organization dedicated to enhancing the educational experiences of students in Sanford Schools and the Regional Tech Center. By leveraging resources beyond public funding, they aim to provide students with additional opportunities, contributing to their overall development. The foundation has been identified for making a payment to sanford Schools for improvements to their Performing Arts Center.
Official website here: www.sanfordschoolslegacyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Sanford Schools Legacy Foundation Incorporated has received a Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating is solely derived from its Accountability & Finance metrics, indicating sound financial practices and a commitment to transparency. The foundation boasts a fully independent board, with 100% of its members meeting independence criteria, which is a strong indicator of effective governance.
The organization demonstrates strong fiscal responsibility, with a program expense ratio of over 88%, ensuring that the majority of funds are directed towards its educational programs. Notably, there are no reported material diversions of assets, showcasing the integrity of its financial management. However, the foundation does face some gaps, such as missing policies for whistleblower protection and document retention, which could impact its accountability measures.
While the foundation's transparency is somewhat compromised by the absence of publicly available tax forms on its website, it has taken steps to ensure that board meeting minutes are documented and accessible. Overall, the Sanford Schools Legacy Foundation exhibits a commitment to education and responsible governance, with room for improvement in specific operational policies.
This AI summary has been generated from information found on Charity Navigator.
Is Sanford Schools Legacy Foundation Incorporated legitimate?
Sanford Schools Legacy Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sanford Schools Legacy Foundation Incorporated 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.
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Official website here: www.sanfordschoolslegacyfoundation.org
What is the mission statement of Sanford Schools Legacy Foundation Incorporated?
The Sanford Schools Legacy Foundation Incorporated's mission is to enhance the educational experience of students in Sanford Schools and the Regional Tech Center. They aim to achieve this by expanding the opportunities available to students beyond what is provided through public funding. This foundation works to enrich the learning environment for students, providing them with resources and experiences that go beyond the standard curriculum, thereby enriching their overall educational journey. The foundation's activities may include securing funds for various enhancements, such as upgrades to facilities or the introduction of new educational programs.
Official website here: www.sanfordschoolslegacyfoundation.org
Who is the CEO of Sanford Schools Legacy Foundation Incorporated?
Cheryl Fournier is the Secretary of Sanford Schools Legacy Foundation Incorporated.
Official website here: www.sanfordschoolslegacyfoundation.org
What is the revenue of Sanford Schools Legacy Foundation Incorporated?
Sanford Schools Legacy Foundation Incorporated's revenue in 2022 was $56,171.
Official website here: www.sanfordschoolslegacyfoundation.org
Who are the executives of Sanford Schools Legacy Foundation Incorporated and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.sanfordschoolslegacyfoundation.org
Where can I find the form 990 for Sanford Schools Legacy Foundation Incorporated?
Sanford Schools Legacy Foundation Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sanfordschoolslegacyfoundation.org
Learn more at the official website: www.sanfordschoolslegacyfoundation.org
Mission Statement of Sanford Schools Legacy Foundation Incorporated
Sanford Schools Legacy Foundation Incorporated is dedicated to enhancing the educational experience of students in Sanford Schools and the Regional Tech Center. This nonprofit organization aims to go beyond the opportunities provided through public funding by offering additional resources and experiences to the students. Their mission, in essence, is to broaden the horizons of the students, thereby enriching their overall learning journey. The foundation has shown its commitment to this mission by making a payment towards the improvement of the Performing Arts Center at Sanford Schools. This investment underscores their dedication to creating a more enriching and well-rounded educational experience for the students.
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Impact
August, 2024
Sanford Schools Legacy Foundation Incorporated enhances the experience of students in Sanford Schools and Regional Tech Center by expanding opportunities beyond those provided through public funding. It has made payments to Sanford Schools for enhancements to the Performing Arts Center, positively impacting the educational and cultural development of students in Sanford, ME.
This information is meant to be a general summary of Sanford Schools Legacy Foundation Incorporated. 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.
- Gross Receipts: $56,171
Assets and Liabilities:
- Total Assets: $662,397
- Total Liabilities: $0
- Net Assets: $662,397
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Organization Details
Founding Year
2016
Phone
(207) 324-2810Principal Officer
Cheryl Fournier
Main Address
917 Main Street APT 200, Sanford, ME, 04073
NTEE Category
Code: B20 - Education
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