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Lcsd 2 Education Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 830332506 ✦ Afton, WY ✦ Designated as a 501(c)(3)

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Overview

What is Lcsd 2 Education Foundation?

Lcsd 2 Education Foundation is a nonprofit organization situated in Afton, Wyoming, specifically at 222 E 4th Ave. Their primary mission is to support education in the Star Valley and Cokeville high school communities by offering college scholarships to deserving graduates. Beyond scholarships, they also extend their support to teachers by providing grants. This dual focus on students and educators aims to enhance the educational landscape in their area.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (53%)

The Lcsd 2 Education Foundation has received a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. Notably, the organization lacks independent board members, which can raise questions about governance and oversight. Additionally, key policies related to conflicts of interest and whistleblower protections are missing, which are critical for transparency and ethical operation.

On a positive note, the foundation demonstrates a strong program expense ratio of 83.71%, suggesting that a large portion of its expenditures goes directly towards its programs. Furthermore, the organization has performed well in terms of managing its liabilities to assets ratio, indicating a stable financial position. However, the absence of a public-facing website and missing documentation like tax forms and retention policies detracts from its overall accountability.

Overall, while the foundation shows promise in its programmatic spending, the lack of basic governance practices and transparency measures limits its effectiveness and trustworthiness. Continued improvement in these areas would be essential for enhancing its credibility and operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Lcsd 2 Education Foundation legitimate?

Lcsd 2 Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lcsd 2 Education 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 Lcsd 2 Education Foundation?

The Lcsd 2 Education Foundation's mission is centered around providing support for students and teachers. Specifically, it aims to offer scholarships to deserving students from Star Valley and Cokeville High Schools. Additionally, the foundation extends its mission to improve education by granting funds to educators. This financial assistance is intended to enhance the learning environment and educational opportunities for both students and teachers.

Who is the CEO of Lcsd 2 Education Foundation?

Tim Hale is the Board Member of Lcsd 2 Education Foundation.

What is the revenue of Lcsd 2 Education Foundation?

Lcsd 2 Education Foundation's revenue in 2022 was $98,143.

Who are the executives of Lcsd 2 Education Foundation and what are their salaries?


Here are 12 key members and their salaries:


Jason Horsley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Hale (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Hale (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Kleemam (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marti Halverson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Dockstader (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Frome (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Stauffer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Scherbel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Hale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tel Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kayla Mcpherson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lcsd 2 Education Foundation?

Lcsd 2 Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lcsd 2 Education Foundation

The Lcsd 2 Education Foundation, as per its mission, is dedicated to supporting both deserving students and educators. This nonprofit organization aims to provide college scholarships for graduates from Star Valley and Cokeville High Schools. Beyond scholarships, the foundation also works towards improving education by offering grants to teachers. By doing so, the Lcsd 2 Education Foundation aims to contribute positively to the educational landscape and empower both students and educators in their respective roles.

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Impact




October, 2024

The Lcsd 2 Education Foundation significantly impacts local education by providing scholarships to deserving students and grants to teachers. By offering college scholarships specifically for Star Valley and Cokeville high school graduates, the foundation helps to alleviate the financial burden of higher education, enabling students to pursue their academic and career goals. In addition, the grants awarded to educators enhance teaching resources and educational programs, fostering a richer learning environment. This dual approach not only supports students in their educational journeys but also strengthens the overall quality of education within the community.




This information is meant to be a general summary of Lcsd 2 Education 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.

Revenue
$98,143 (2022)
Expenses
$142,757 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$17,704
  • Gross Receipts: $119,322

Assets and Liabilities:

  • Total Assets: $380,031
  • Total Liabilities: $11,825
  • Net Assets: $368,206

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Organization Details

Founding Year

2001

Principal Officer

Tim Hale

Main Address

222 E 4TH AVE, AFTON, WY, 831101010

NTEE Category

Code: B82 - Education

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