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Brookings School District Foundatio

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

EIN: 833289582 ✦ Brookings, SD ✦ Designated as a 501(c)(3)

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Overview

What is Brookings School District Foundatio?

The Brookings School District Foundation is a nonprofit organization situated in Brookings, South Dakota, with a specific address at 2130 8th Street South. Its primary mission is to extend educational opportunities by offering scholarships to students enrolled in the Brookings School District. The foundation's purpose is to support these students financially, thereby contributing to their academic growth and success. The organization remains dedicated to this cause, providing an invaluable resource for local students seeking further education.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

The Brookings School District Foundation has earned an overall rating of 80%, reflecting a solid level of accountability and financial health. This score is derived entirely from the Accountability & Finance beacon, indicating that the organization has been evaluated on its financial practices and governance standards. A Three-Star rating suggests that the foundation is effectively managing its resources and is committed to transparency in its operations.

Strengths of the foundation are evident in its governance structure and financial practices. The organization boasts a fully independent board with a perfect score in board independence, size, and policies, which demonstrates a commitment to ethical oversight. Additionally, their financial management is strong, with a program expense ratio of 95.34%, meaning that the vast majority of funds are directed towards their programs rather than administrative costs.

However, while the foundation scores well in these areas, it is important for potential donors or supporters to consider the context of this rating. The score is based solely on financial indicators, so further insight into program impact or community engagement may be needed for a comprehensive understanding of the foundation’s effectiveness. Overall, the Brookings School District Foundation shows promise in its financial accountability, but additional qualitative measures may be necessary for a complete picture.


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

Is Brookings School District Foundatio legitimate?

Brookings School District Foundatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookings School District Foundatio 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 Brookings School District Foundatio?

The Brookings School District Foundation's mission is centered around providing educational scholarships for students within the Brookings School District. This organization is committed to supporting the academic pursuits of its students, aiming to alleviate financial burdens and enable them to further their education. By offering scholarships, the foundation seeks to empower these students, providing them with opportunities that may otherwise be out of reach. The foundation's actions are geared towards fostering educational growth and success within the district.

Who is the CEO of Brookings School District Foundatio?

Kristi Lee is the Board Member of Brookings School District Foundatio.

What is the revenue of Brookings School District Foundatio?

Brookings School District Foundatio's revenue in 2022 was $68,724.

Who are the executives of Brookings School District Foundatio and what are their salaries?


Here are 5 key members and their salaries:


Andi Fouberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Powers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Treiber (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristi Lee (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Schelske (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Brookings School District Foundatio?

Brookings School District Foundatio's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Brookings School District Foundatio

The Brookings School District Foundation, as its name suggests, is committed to a significant mission. This mission revolves around providing educational scholarships for students within the Brookings School District. By doing so, the foundation aims to support the academic pursuits and future prospects of these students, thereby contributing to their overall development and success. In essence, the Brookings School District Foundation serves as a beacon of opportunity, empowering young individuals to overcome financial barriers and seize educational opportunities that may otherwise be out of reach.

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Impact




August, 2024

The impact of Brookings School District Foundation is evident in the educational opportunities it provides for students within the Brookings School District. By offering scholarships, the foundation helps students pursue higher education and achieve their academic goals. This support can have a lasting impact on the lives of these students, empowering them to reach their full potential and contribute positively to their community. Through its work, the foundation plays a crucial role in enhancing educational access and success for students in Brookings, SD.




This information is meant to be a general summary of Brookings School District Foundatio. 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
$68,724 (2022)
Expenses
$30,634 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,491
  • Gross Receipts: $68,724

Assets and Liabilities:

  • Total Assets: $405,709
  • Total Liabilities: $0
  • Net Assets: $405,709

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Organization Details

Founding Year

2019

Principal Officer

Kristi Lee

Main Address

2130 8TH STREET SOUTH, BROOKINGS, SD, 57006

NTEE Category

Code: B20 - Education

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