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Charger Foundation Inc

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

EIN: 831318522 ✦ Martin, TN ✦ Designated as a 501(c)(3)

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Overview

What is Charger Foundation Inc?

Charger Foundation Inc, situated in Martin, Tennessee, is a nonprofit organization with a mission to elevate the educational prospects of students enrolled in local schools. Their primary goal is to support Martin Schools in their journey towards becoming exemplary learning environments for all students. The foundation strives to expand the educational opportunities available to these students, aiming to enhance their overall learning experience.


Official website here: www.chargerfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Charger Foundation Inc has garnered a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The overall score is based entirely on its accountability and finance metrics, where it particularly shines with a perfect score on program expenses, demonstrating that all of its expenditures are allocated towards its mission-driven activities.

The organization benefits from a fully independent board, comprising 17 members, which reflects strong governance. Furthermore, there are no reported issues of material diversion of assets, and the charity has successfully listed its website on its tax form. However, there are notable gaps in its policies regarding conflict of interest, whistleblower protections, and document retention, which have negatively impacted its accountability score.

While Charger Foundation Inc displays several strengths in its financial practices and governance, the absence of key policies raises concerns about its overall operational transparency. Addressing these limitations could enhance its rating and build greater trust with stakeholders and supporters.


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

Is Charger Foundation Inc legitimate?

Charger Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charger Foundation Inc 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.chargerfoundation.org

What is the mission statement of Charger Foundation Inc?

The Charger Foundation Inc's mission is centered around supporting Martin Schools to attain the status of educational excellence for all their students. Their primary goal is to enhance the educational opportunities available to students enrolled in Martin Schools. To achieve this, they strive to introduce and improve various educational programs and resources, thereby fostering a conducive learning environment. While specific details about their strategies and methods are not provided, it can be inferred that their mission is to contribute positively to the educational journey of students in Martin Schools.


Official website here: www.chargerfoundation.org

Who is the CEO of Charger Foundation Inc?

Elizabeth Pritchett is the President of Charger Foundation Inc.


Official website here: www.chargerfoundation.org

What is the revenue of Charger Foundation Inc?

Charger Foundation Inc's revenue in 2023 was $157,017.


Official website here: www.chargerfoundation.org

Who are the executives of Charger Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Amy Belew (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Pritchett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Sims (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Snider (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chargerfoundation.org

Where can I find the form 990 for Charger Foundation Inc?

Charger Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.chargerfoundation.org

Learn more at the official website: www.chargerfoundation.org

Mission Statement of Charger Foundation Inc

Charger Foundation Inc, a dedicated nonprofit organization, aims to elevate Martin Schools to become beacons of excellence for all their students. Its primary mission is to improve the educational experiences offered to students who are enrolled in these schools. By enhancing the educational opportunities available, Charger Foundation Inc aims to empower these students, enabling them to reach their full potential and succeed in their academic pursuits.

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Impact




October, 2024

Charger Foundation Inc significantly enhances the educational landscape in Martin, TN, by focusing on the development of Martin Schools into centers of excellence for all students. Through its dedicated efforts, it enriches the learning environment, ensuring that every student has access to quality educational opportunities. By prioritizing comprehensive support, including the integration of arts, the foundation fosters creativity and critical thinking, which are essential for student success. Its committed involvement empowers students, contributes to their academic growth, and positions them for brighter futures.




This information is meant to be a general summary of Charger Foundation Inc. 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
$157,017 (2023)
Expenses
$202,322 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $217
  • Program Service Revenue: $22,637
  • Gross Receipts: $184,719

Assets and Liabilities:

  • Total Assets: $195,212
  • Total Liabilities: $35,000
  • Net Assets: $160,212

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCHOOL SUPPLY DRIVE

Revenue

$12,114

DINE OUT/GIVING TUESDAY

Revenue

$10,523

Organization Details

Founding Year

2018

Principal Officer

Elizabeth Pritchett

Main Address

PO BOX 765, MARTIN, TN, 38237

NTEE Category

Code: A11 - Arts

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