Overview
What is Sabine Pass Independent School District Foundation?
Sabine Pass Independent School District Foundation is a nonprofit organization based in Sabine Pass, Texas. Their primary mission is to support and enhance education by providing scholarships to students, funding innovative teacher-led projects, recognizing outstanding faculty and staff, and addressing non-budgeted needs within the school district. Through donations, they have disbursed over 244,000 dollars in scholarship payments and awarded 9,500 grants for teacher initiatives. The foundation serves as a valuable resource for the school district, fostering educational growth and recognition within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
The Sabine Pass Independent School District Foundation has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The foundation scored a total of 50%, with zero independent board members and a lack of essential financial statements available for public review. This lack of transparency raises questions about the governance and oversight of the organization.
Despite these concerns, the foundation does demonstrate a commendable program expense ratio of 100%, meaning that all of its expenditures are directed towards its programs. This suggests that the organization is focused on its mission to support educational initiatives, but the absence of independent oversight and critical policies may undermine its effectiveness and credibility in the long term.
Additionally, the foundation has several missing policies, including conflict of interest and whistleblower policies, which are vital for maintaining ethical standards and accountability. The lack of documentation, such as board meeting minutes and tax forms posted on the organization's website, further detracts from its operational transparency. Overall, while the foundation's commitment to its programs is clear, the significant gaps in governance and transparency warrant careful consideration from potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Sabine Pass Independent School District Foundation legitimate?
Sabine Pass Independent School District Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sabine Pass Independent School District 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.
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What is the mission statement of Sabine Pass Independent School District Foundation?
The Sabine Pass Independent School District Foundation's mission is centered around supporting and enhancing education. They achieve this by providing student scholarships, acknowledging innovative teacher-led projects with awards, recognizing exceptional faculty and staff, and addressing non-budgeted needs within the educational sector. The foundation's primary objective is to foster educational advancement and growth.
Who is the CEO of Sabine Pass Independent School District Foundation?
Kristi Heid is the President of Sabine Pass Independent School District Foundation.
What is the revenue of Sabine Pass Independent School District Foundation?
Sabine Pass Independent School District Foundation's revenue in 2023 was $706,756.
Who are the executives of Sabine Pass Independent School District Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Sabine Pass Independent School District Foundation?
Sabine Pass Independent School District Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sabine Pass Independent School District Foundation
The Sabine Pass Independent School District Foundation is committed to supporting and enhancing the advancement of education. It achieves this mission by providing student scholarships, recognizing outstanding faculty and staff, funding innovative teacher-driven projects, and addressing non-budgeted needs within the school district. The foundation's primary goal is to fostering educational growth and development among its students, while also recognizing the essential role of dedicated educators in this process. By offering scholarships, the organization encourages academic excellence and supports students in pursuing higher education opportunities. Additionally, the foundation awards funds for innovative projects initiated by teachers, thereby encouraging creativity and innovation within the educational environment. Furthermore, the foundation recognizes outstanding faculty and staff members, honoring their dedication and contributions to the educational community.
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Impact
July, 2024
Sabine Pass Independent School District Foundation's impact can be seen in its support and enhancement of education through various initiatives. This includes providing student scholarships, funding innovative teacher-driven projects, recognizing outstanding faculty and staff, and addressing non-budgeted needs within Sabine Pass ISD. Additionally, the foundation has made significant donations to the school district, including scholarship payments. Through these efforts, the foundation is contributing to the academic success and enrichment of the students and educators in Sabine Pass, TX.
This information is meant to be a general summary of Sabine Pass Independent School District 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 2023.
- Investment Income: $39,356
- Gross Receipts: $706,756
Assets and Liabilities:
- Total Assets: $1,184,649
- Total Liabilities: $0
- Net Assets: $1,184,649
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Organization Details
Founding Year
2018
Phone
(409) 971-2321Principal Officer
Kristi Heid
Main Address
POST OFFICE BOX 1148, SABINE PASS, TX, 77655
NTEE Category
Code: B11 - Education
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