Overview
What is Center For Sound Literacy Foundatio?
The Center for Sound Literacy Foundation is a nonprofit organization based in Kentwood, Michigan. With a team of 13 dedicated individuals, their primary objective is to support charitable, educational, religious, scientific, or literary purposes. They achieve this goal by administering funds and making contributions to eligible organizations. Their focus is primarily on education and literacy, aiming to advance these areas by either carrying out direct operations or granting funds to relevant organizations. They have funded an intensive literacy program specifically for high-risk and underprivileged students, providing them with hands-on assistance to help them read at or above their grade level.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Center For Sound Literacy Foundation has received a solid rating of 82%, indicating a strong performance particularly in accountability and finance. This score is derived entirely from the Accountability & Finance beacon, which reflects the organization's commitment to transparency and responsible financial management.
One of the organization's notable strengths is its governance structure, with 100% independent board members, ensuring impartial decision-making. Additionally, the foundation achieves excellent scores in financial oversight, including a thorough audit and oversight committee, which indicates a high level of scrutiny over financial practices. The strong program expense ratio of 91.16% demonstrates that the majority of funds are directed towards programmatic activities, which is a positive sign for donors looking for effective impact.
However, while the charity showcases impressive metrics in financial accountability, there are no additional insights regarding program effectiveness or community impact based solely on the provided data. This may suggest a need for further information on how the programs are executed and their overall effectiveness in fulfilling the organization’s mission.
This AI summary has been generated from information found on Charity Navigator.
Is Center For Sound Literacy Foundatio legitimate?
Center For Sound Literacy Foundatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Sound Literacy 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: $451,625
For more financial information, click here
What is the mission statement of Center For Sound Literacy Foundatio?
The Center for Sound Literacy Foundation's mission is centered around charitable, educational, religious, scientific, or literary purposes. The organization primarily focuses on advancing literacy and education, with a strong emphasis on schools. They achieve this goal through direct operations and by providing grants and contributions to exempt organizations. A significant part of their activities involves making contributions to educational organizations to further their objectives.
Who is the CEO of Center For Sound Literacy Foundatio?
John C Kennedy Iii is the President of Center For Sound Literacy Foundatio.
What is the revenue of Center For Sound Literacy Foundatio?
Center For Sound Literacy Foundatio's revenue in 2022 was $1,534,958.
Who are the executives of Center For Sound Literacy Foundatio and what are their salaries?
The average compensation at Center For Sound Literacy Foundatio during 2022 was $34,740. There are 13 employees at Center For Sound Literacy Foundatio.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Center For Sound Literacy Foundatio?
Center For Sound Literacy Foundatio's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Center For Sound Literacy Foundatio
The Center for Sound Literacy Foundation is an organization that is dedicated to channeling and managing funds for charitable, educational, religious, scientific, or literary purposes. Its primary focus lies in pursuing these objectives through both direct operations and granting contributions to eligible organizations. The specific aims and objectives of the Center for Sound Literacy Foundation are primarily geared towards education and enhancing literacy, as well as supporting schools. It accomplishes this by making grants to educational institutions.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Center For Sound Literacy Foundation's impact is primarily focused on advancing literacy and education, specifically through funding an intensive literacy program for high-risk and underprivileged students. By providing hands-on support to help these students read at grade level or above, the foundation is directly contributing to improving educational outcomes and opportunities for our youth. This impactful work not only benefits individual students but also has broader positive effects on communities and society as a whole.
This information is meant to be a general summary of Center For Sound Literacy 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,534,958
Assets and Liabilities:
- Total Assets: $2,523,590
- Total Liabilities: $600,000
- Net Assets: $1,923,590
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2018
Phone
(616) 541-8020Principal Officer
John C Kennedy Iii
Main Address
3607 BROADMOOR AVE SE, KENTWOOD, MI, 49512
NTEE Category
Code: B99 - Education
If you are a representative of Center For Sound Literacy Foundatio and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.