Overview
What is Wayside Schools Foundation?
The Wayside Schools Foundation, established in Austin, Texas, serves as a catalyst for gathering external resources. Its primary objective is to bolster the educational and charitable initiatives of Wayside Schools, a separate entity. By generating and distributing these resources, the foundation aims to empower the programs within Wayside Schools, thereby contributing to their overall mission. The foundation operates as a platform for engaging community stakeholders in fundraising efforts, thereby providing additional financial support to the school.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star Rating
The Wayside Schools Foundation has received a Two-Star rating from Charity Navigator, reflecting a score of 74%. This rating is based entirely on accountability and finance metrics. The most notable concern is the lack of independent board members, as the organization currently has none, which significantly impacts its overall score in governance.
Despite the governance issues, the organization shows strengths in financial health, with a 100% program expense ratio, indicating that all expenses are directed towards its charitable mission. Additionally, the foundation has solid policies in place, such as conflict of interest, whistleblower, and document retention policies, which are all fully compliant. The absence of a website listed on the tax form, however, detracts from its accountability.
Overall, while the Wayside Schools Foundation demonstrates strong financial management and governance policies, the lack of independent board members raises concerns about transparency and oversight. Ensuring a diverse and independent board could enhance the organization's credibility and improve its rating in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Wayside Schools Foundation legitimate?
Wayside Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wayside Schools 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
What is the mission statement of Wayside Schools Foundation?
The Wayside Schools Foundation serves as a catalyst, aiming to generate and distribute external resources. Its primary objective is to support the programs of Wayside Schools, a educational institution with a charitable mission. The foundation was established to engage community stakeholders for fundraising purposes, providing additional financial support to Wayside Schools, thereby contributing to its educational goals. By securing external resources, the foundation plays a vital role in enhancing the capabilities and reach of Wayside Schools' programs.
Who is the CEO of Wayside Schools Foundation?
Russel Louis is the Secretary of Wayside Schools Foundation.
What is the revenue of Wayside Schools Foundation?
Wayside Schools Foundation's revenue in 2022 was $46,840.
Who are the executives of Wayside Schools Foundation and what are their salaries?
There 2 volunteers at Wayside Schools Foundation.
Here are 3 key members and their salaries:
- 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 Wayside Schools Foundation?
Wayside Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wayside Schools Foundation
Wayside Schools Foundation serves as a catalyst, aiming to generate and distribute external resources to support the programs of Wayside Schools. The primary mission of this organization is to recruit community stakeholders for the purpose of fundraising, providing additional financial support for Wayside Schools. This additional funding is essential to help the school meet its educational and charitable mission. By doing so, Wayside Schools Foundation plays a crucial role in enhancing the educational opportunities and resources available to Wayside Schools.
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Impact
August, 2024
The impact of Wayside Schools Foundation is evident in its ability to provide additional financial support for Wayside Schools, enabling the school to further its educational and charitable mission. By serving as a catalyst for generating and distributing external resources, the foundation plays a crucial role in ensuring that Wayside Schools can offer quality programs to its students. Through fundraising efforts and community engagement, the foundation helps enhance the educational experience and opportunities available to the students served by Wayside Schools in Austin, TX.
This information is meant to be a general summary of Wayside Schools 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: $49,349
Assets and Liabilities:
- Total Assets: $215,515
- Total Liabilities: $12
- Net Assets: $215,503
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Organization Details
Founding Year
2017
Phone
(512) 961-5263Principal Officer
Russel Louis
Main Address
6405 S IH35, AUSTIN, TX, 78744
NTEE Category
Code: B12 - Education
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