Overview
What is Catholic Schools Foundation Of The Sacred Heart?
The Catholic Schools Foundation of the Sacred Heart is a nonprofit organization situated in Boise, Idaho. Its primary mission is to provide financial support to the Sacred Heart Catholic Elementary School. This aid serves two main purposes: covering operational expenses and supplementing tuition fees. By doing so, the foundation plays a crucial role in ensuring the school's continued operations and affordability for its students and their families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
The Catholic Schools Foundation Of The Sacred Heart has earned a 76% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score reflects a strong emphasis on financial health, with all metrics contributing to the evaluation coming from the accountability and finance beacon.
Strengths of the organization include a fully independent board of directors, which consists of 10 members, and there are no recorded diversions of assets. The organization's transparency is further highlighted by its practice of documenting board meeting minutes and listing its website on its tax form. Additionally, the foundation demonstrates a strong commitment to its programs, with 70.16% of expenses allocated to program services.
While the organization has shown commendable financial practices and governance, the overall score of 76% suggests that there may be areas for improvement. However, the absence of any material diversion of assets and the management of liabilities indicate a stable financial foundation. Overall, the Catholic Schools Foundation Of The Sacred Heart appears to be a trustworthy organization focused on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Schools Foundation Of The Sacred Heart legitimate?
Catholic Schools Foundation Of The Sacred Heart is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Schools Foundation Of The Sacred Heart 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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What is the mission statement of Catholic Schools Foundation Of The Sacred Heart?
The Catholic Schools Foundation of Sacred Heart's mission is centered around providing financial support for a specific Catholic elementary school located elsewhere. This support aids in covering operational costs and supplementing tuition fees. The foundation's goal is to contribute to the school's continuity and affordability, thereby ensuring that quality education is accessible to a broader student body. The foundation's activities are primarily focused on this financial assistance.
Who is the CEO of Catholic Schools Foundation Of The Sacred Heart?
Janet Rollinger is the Director of Catholic Schools Foundation Of The Sacred Heart.
What is the revenue of Catholic Schools Foundation Of The Sacred Heart?
Catholic Schools Foundation Of The Sacred Heart's revenue in 2022 was $61,838.
Who are the executives of Catholic Schools Foundation Of The Sacred Heart and what are their salaries?
There 12 volunteers at Catholic Schools Foundation Of The Sacred Heart.
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Where can I find the form 990 for Catholic Schools Foundation Of The Sacred Heart?
Catholic Schools Foundation Of The Sacred Heart's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Catholic Schools Foundation Of The Sacred Heart
The Catholic Schools Foundation of the Sacred Heart is dedicated to providing financial support for Sacred Heart Catholic Elementary School. This nonprofit organization's mission is to help cover the operating costs and supplement tuition fees, ensuring the school's continued operation and accessibility for students. By providing financial assistance, the Catholic Schools Foundation of the Sacred Heart plays a crucial role in supporting the educational needs of the school and its students.
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Impact
October, 2024
The Catholic Schools Foundation of the Sacred Heart plays a vital role in supporting Sacred Heart Catholic Elementary School in Boise, Idaho. By providing essential financial support, the foundation helps cover operating costs and supplements tuition, ensuring that quality education remains accessible to students and their families. This assistance not only alleviates the financial burden on parents but also strengthens the school’s ability to deliver a rich educational experience rooted in Catholic values. The foundation’s commitment fosters a nurturing environment where students can thrive academically and spiritually, reinforcing the importance of community and faith in education.
This information is meant to be a general summary of Catholic Schools Foundation Of The Sacred Heart. 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: $48,813
- Gross Receipts: $61,888
Assets and Liabilities:
- Total Assets: $1,066,684
- Total Liabilities: $0
- Net Assets: $1,066,684
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Organization Details
Founding Year
1982
Phone
(208) 344-8311Principal Officer
Janet Rollinger
Main Address
811 S LATAH, BOISE, ID, 83705
NTEE Category
Code: X22 - Religion related
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