Overview
What is The John Educational Foundation In?
The John Educational Foundation In, situated in Riverview, Florida, is a nonprofit organization dedicated to providing financial support for students pursuing higher education. With a mission to help young individuals from low-income communities, they award scholarships totaling $89,000 annually to students attending university level. Their team, consisting of five employees, works tirelessly to fulfill this purpose.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
The John Educational Foundation has received a concerning Zero-Star rating from Charity Navigator, with an overall score of 33%. The evaluation highlights significant gaps in accountability and financial practices. While the foundation demonstrates a strong level of independence on its board, there are critical areas such as missing conflict of interest and whistleblower policies that negatively impact the overall rating.
Strengths noted include having a completely independent board and no material diversion of assets, contributing positively to the foundation's accountability. However, the absence of essential policies and transparency tools, such as a conflict of interest policy and a website listed on the tax form, raises serious questions about governance and operational integrity.
Additionally, the foundation reported a low program expense ratio of 43.10%, indicating that a larger portion of funds may not be directed towards its intended programs. This, combined with other missing documentation, suggests that the organization may need to improve its financial transparency and accountability practices to build trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The John Educational Foundation In legitimate?
The John Educational Foundation In is a legitimate nonprofit organization registered as a 501(c)(3) entity. The John Educational Foundation In 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: $456,659
For more financial information, click here
What is the mission statement of The John Educational Foundation In?
The John Educational Foundation's primary mission is centered around supporting financially, young students who come from low-income communities, enabling them to attend college. This is accomplished through the provision of financial scholarships. Recently, the foundation has funded 18 students at the university level, amounting to a total of 89,000 dollars. The foundation's main objective is to provide these scholarships, thereby offering educational opportunities to students who may otherwise be unable to afford it.
Who is the CEO of The John Educational Foundation In?
Wardell Norman is the Board Member of The John Educational Foundation In.
What is the revenue of The John Educational Foundation In?
The John Educational Foundation In's revenue in 2022 was $180,816.
Who are the executives of The John Educational Foundation In and what are their salaries?
The average compensation at The John Educational Foundation In during 2022 was $91,332. There are 5 employees at The John Educational Foundation In.
Here are 3 key members and their salaries:
- Compensation: $33,750
- Related: $0
- Other: $0
- Compensation: $33,750
- Related: $0
- Other: $0
- Compensation: $33,750
- Related: $0
- Other: $0
Where can I find the form 990 for The John Educational Foundation In?
The John Educational Foundation In's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The John Educational Foundation In
The John Educational Foundation, a nonprofit organization, is dedicated to assisting young students from low-income communities in pursuing higher education. Their primary mission is to provide financial scholarships, enabling these students to attend university. By funding scholarships, the foundation plays a significant role in removing financial barriers that often hinder these students from attending college. As of the provided information, The John Educational Foundation has supported 18 students at the university level, contributing a total of 89,000 dollars towards their education.
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Impact
October, 2024
The John Educational Foundation In significantly impacts the educational landscape by providing essential financial scholarships to young students from low-income communities. By focusing on fostering access to higher education, the foundation has funded 18 students at the university level, totaling $89,000 in scholarships. This financial support empowers these students to pursue their academic goals and enhances their potential for future success, thereby contributing to youth development and uplifting entire communities. The foundation's commitment to helping these students realize their college aspirations underscores the importance of education as a transformative tool for individuals and society as a whole.
This information is meant to be a general summary of The John Educational Foundation In. 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: $180,816
- Gross Receipts: $180,816
Assets and Liabilities:
- Total Assets: $7,150,888
- Total Liabilities: $0
- Net Assets: $7,150,888
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Organization Details
Founding Year
2018
Phone
(813) 234-3360Principal Officer
Wardell Norman
Main Address
12004 TIMBER HILL DRIVE, RIVERVIEW, FL, 33610
NTEE Category
Code: O20 - Youth development
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