Overview
What is Carden Memorial Foundation?
The Carden Memorial Foundation (CMF) is a nonprofit organization situated in Salt Lake City, Utah. It is primarily known for its dedication to educating teachers in the Carden method, a classical approach to teaching. The foundation operates an elementary school catering to students from pre-kindergarten to eighth grade. The Carden method, which combines classical materials, training, and a focus on patriotism and character development, is the foundation's key educational approach. CMF's mission is to foster joy in children by enhancing their minds, nurturing their hearts, and encouraging them to uplift others. The organization currently employs 62 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating
The Carden Memorial Foundation has received a 71% rating on Charity Navigator, which classifies it as a Two-Star charity. This rating reflects strong accountability and financial health in several areas, including a high program expense ratio of 96.96%, indicating that a significant portion of its budget is directed towards its mission-driven activities.
Strengths of the organization include a fully independent board, with 66% of members meeting that criterion, and a solid record of no material diversion of assets. The foundation also has effective governance practices, as evidenced by its conflict of interest policy and the documentation of board meeting minutes.
However, while the foundation demonstrates strong financial management, its overall rating suggests there may be areas for improvement in operational effectiveness or transparency in its impact reporting. This Two-Star rating indicates potential donors should seek more information to fully assess the foundation's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Carden Memorial Foundation legitimate?
Carden Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carden Memorial 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: $168,103
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,632,361
For more financial information, click here
What is the mission statement of Carden Memorial Foundation?
The Carden Memorial Foundation, through its elementary school, educates children from pre-kindergarten to eighth grade using classical methods and Christian values. Beyond teaching, the foundation also trains and educates teachers, utilizing Carden methods and materials. The mission of Carden Memorial Foundation is centered around fostering joy in students by enhancing their intellectual abilities, nurturing their emotional growth, and encouraging them to uplift others. This holistic approach to education emphasizes character development and patriotism, fostering well-rounded individuals.
Who is the CEO of Carden Memorial Foundation?
Laura Brown is the Trustee of Carden Memorial Foundation.
What is the revenue of Carden Memorial Foundation?
Carden Memorial Foundation's revenue in 2022 was $3,451,718.
Who are the executives of Carden Memorial Foundation and what are their salaries?
The average compensation at Carden Memorial Foundation during 2022 was $29,040. There are 62 employees at Carden Memorial Foundation.
Here are 7 key members and their salaries:
- Compensation: $96,303
- Related: $0
- Other: $0
- Compensation: $71,800
- 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 Carden Memorial Foundation?
Carden Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Carden Memorial Foundation
The Carden Memorial Foundation, as a classical, non-denominational Christian institution, is dedicated to educating children from pre-kindergarten to eighth grade. Its mission is multi-faceted, aiming to enhance the intellectual capacity of its students while fostering emotional growth and promoting character development. Carden employs unique methods and materials in its teaching approach, instilling patriotism and nurturing virtues in its learners. The ultimate goal of this esteemed organization is to enable its pupils to discover joy in life by enriching their minds, cultivating their hearts, and inspiring them to uplift others.
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Impact
July, 2024
Carden Memorial Foundation's impact is evident through its operation of an elementary school focused on providing a Classical, non-denominational Christian education to pre-kindergarten through eighth-grade students. Additionally, the foundation addresses the need for classically-trained teachers by educating them in the Carden method. This approach not only enhances the educational experience for students but also supports patriotism, character development, and the overall well-being of the community. Through its mission to improve the mind, develop the heart, and uplift others, Carden Memorial Foundation is making a significant impact in Salt Lake City, Utah, and beyond.
This information is meant to be a general summary of Carden Memorial 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: $196,920
- Program Service Revenue: $3,098,624
- Gross Receipts: $3,457,076
Assets and Liabilities:
- Total Assets: $4,214,343
- Total Liabilities: $1,999,179
- Net Assets: $2,215,164
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXTENDED CARE
Revenue
$32,120
FOOD SERVICE
Revenue
$23,470
MATERIAL FEES
Revenue
$239,174
MISCELLANEOUS
Revenue
$88,380
TUITION
Revenue
$2,707,235
Organization Details
Founding Year
2016
Phone
(801) 661-2791Principal Officer
Laura Brown
Main Address
1452 EAST 2700 SOUTH, SALT LAKE CITY, UT, 84106
NTEE Category
Code: B50 - Education
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