Overview
What is Council On Regional Economic Exp & Educational Development Foundation?
The Council On Regional Economic Exp & Educational Development Foundation is a nonprofit organization based in El Paso, Texas. Its primary focus is to enhance education in the region by supporting initiatives that improve college readiness and increase the number of students graduating with a college degree or certification. They collaborate with education leaders, funders, and various organizations to shape the future educational system in El Paso. The foundation provides financial assistance, such as a $6.8 million grant over seven years to aid in the expansion of the IDEA Public Schools system, potentially opening 20 schools and enrolling 14,000 students by 2023. Additionally, they have supported micro school systems of education in El Paso and funded expansion efforts for Harmony Public Schools. The foundation also invests in parent engagement and knowledge initiatives.
Official website here: www.creeed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) 69%
The Council On Regional Economic Exp & Educational Development Foundation has received a "Needs Improvement" rating due to various financial and governance concerns. While the organization excels in having a fully independent board and high program expense ratio, it has significant weaknesses in its accountability practices. The lack of essential policies such as a conflict of interest policy and a whistleblower policy raises questions about its governance framework.
The organization reported a high liabilities to assets ratio of 131.19%, indicating potential financial instability. In contrast, it demonstrated strong performance in program expenses, with a ratio of 99.99%, reflecting a commitment to its mission. However, the missing tax forms on the nonprofit's website and the absence of a comprehensive document retention policy further highlight areas needing attention.
Overall, the Council On Regional Economic Exp & Educational Development Foundation shows strengths in independent governance and program focus but faces critical challenges in financial management and policy implementation that need to be addressed for improved transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Council On Regional Economic Exp & Educational Development Foundation legitimate?
Council On Regional Economic Exp & Educational Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Council On Regional Economic Exp & Educational Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.creeed.org
What is the mission statement of Council On Regional Economic Exp & Educational Development Foundation?
The Council On Regional Economic Exp & Educational Development Foundation aims to spearhead initiatives that enhance college readiness and ensure more students graduate with a college degree or certification. They collaborate with education leaders, funders, and various organizations at the regional, state, and national levels to create an advanced educational system. The primary goal is to establish a future-oriented educational system that caters to the needs of students. The foundation provides initial startup costs and expenses for the expansion of the Idea Public Schools system, aiding in the formation, recruitment of teachers, and affiliated organizing expenses. They have also granted funds to support micro school systems of education and expand Harmony Public Schools in El Paso, TX, and invest in parent engagement/knowledge initiatives.
Official website here: www.creeed.org
Who is the CEO of Council On Regional Economic Exp & Educational Development Foundation?
Eduardo Rodriguez is the Exec Dir/Sec/Tr of Council On Regional Economic Exp & Educational Development Foundation.
Official website here: www.creeed.org
What is the revenue of Council On Regional Economic Exp & Educational Development Foundation?
Council On Regional Economic Exp & Educational Development Foundation's revenue in 2022 was $872,000.
Official website here: www.creeed.org
Who are the executives of Council On Regional Economic Exp & Educational Development Foundation and what are their salaries?
There 6 volunteers at Council On Regional Economic Exp & Educational Development Foundation.
Here are 9 key members and their salaries:
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- Related: $199,601
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- Related: $47,527
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Official website here: www.creeed.org
Where can I find the form 990 for Council On Regional Economic Exp & Educational Development Foundation?
Council On Regional Economic Exp & Educational Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.creeed.org
Learn more at the official website: www.creeed.org
Mission Statement of Council On Regional Economic Exp & Educational Development Foundation
The Council on Regional Economic Expansion & Educational Development Foundation plays a pivotal role in driving efforts to enhance college readiness and ensure more students complete their education with a degree or certification. By collaborating with education leaders, funders, and various organizations at regional, state, and national levels, this nonprofit seeks to establish the next generation of educational systems. Its mission is to identify and support initiatives that aim to improve college readiness, ultimately leading to a higher number of graduates with college degrees or certifications. By partnering with key stakeholders, the Council strives to shape a more robust educational landscape.
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Impact
July, 2024
The Council On Regional Economic Exp & Educational Development Foundation's impact can be seen in their efforts to improve college readiness and increase graduation rates for students in El Paso, TX. They work closely with education leaders, funders, and various organizations to develop an innovative educational system for the region.
Their financial support has been instrumental in the expansion of the IDEA Public Schools system in El Paso, contributing to the opening of new schools and increasing student enrollment. Additionally, they have provided funding to support unconventional education models through micro school systems and aided in the expansion of Harmony Public Schools in the region.
By focusing on initiatives such as parent engagement and knowledge programs, the foundation plays a significant role in advancing educational opportunities and outcomes for students in El Paso. Their dedication to improving college readiness aligns with their mission to ensure more students graduate with a college degree or certification, making a meaningful impact on the local educational landscape.
This information is meant to be a general summary of Council On Regional Economic Exp & Educational Development 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.
- Gross Receipts: $872,000
Assets and Liabilities:
- Total Assets: $3,696,798
- Total Liabilities: $4,850,563
- Net Assets: -$1,153,765
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Organization Details
Founding Year
2016
Phone
(915) 351-7077Principal Officer
Eduardo Rodriguez
Main Address
C/O E RODRIGUEZ 4110 RIO BRAVO 103, EL PASO, TX, 79902
Website
www.creeed.orgNTEE Category
Code: B12 - Education
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