Overview
What is Spring Educational Foundation?
Spring Educational Foundation is a nonprofit organization situated in Spring, Texas, at 5500 FM 2920 RD. The foundation is dedicated to providing both traditional and faith-based educational services in a nurturing environment. Their mission is centered around academic excellence, responsible governance, and financially sound practices. With a strong focus on faith, they strive to create an atmosphere that fosters growth and development for their students. The foundation, known as BHA Houston, employs a team of 89 individuals, further demonstrating their commitment to education and the community.
Official website here: www.bhahouston.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating.
The Spring Educational Foundation holds a Two-Star rating from Charity Navigator, indicating challenges in meeting best practices in accountability and finance. While the organization boasts a fully independent board, it lacks critical financial transparency, as evidenced by missing financial statements and several key policies, such as conflict of interest and whistleblower protections.
The foundation demonstrates a reasonable program expense ratio of 67.84%, suggesting that a significant portion of its budget is directed towards its programs. However, the absence of transparency measures poses concerns about its operational oversight and governance practices. Improvements in these areas could enhance its accountability and trustworthiness among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Spring Educational Foundation legitimate?
Spring Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spring Educational 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,601,850
For more financial information, click here
Official website here: www.bhahouston.org
What is the mission statement of Spring Educational Foundation?
The Spring Educational Foundation is dedicated to providing faith-based education, prioritizing academic excellence, responsible governance, and financially sound practices within a nurturing environment. Their mission is to serve as an educational provider that upholds these values, aiming to foster a conducive learning atmosphere.
Official website here: www.bhahouston.org
Who is the CEO of Spring Educational Foundation?
Syed Rashid Barkaat is the Director of Spring Educational Foundation.
Official website here: www.bhahouston.org
What is the revenue of Spring Educational Foundation?
Spring Educational Foundation's revenue in 2022 was $3,175,628.
Official website here: www.bhahouston.org
Who are the executives of Spring Educational Foundation and what are their salaries?
The average compensation at Spring Educational Foundation during 2022 was $17,998. There are 89 employees at Spring Educational Foundation.
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
Official website here: www.bhahouston.org
Where can I find the form 990 for Spring Educational Foundation?
Spring Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bhahouston.org
Learn more at the official website: www.bhahouston.org
Mission Statement of Spring Educational Foundation
Spring Educational Foundation, as a faith-based organization, is committed to providing academic excellence within a nurturing environment. Their mission is twofold, focusing on responsible governance and financially sound practices alongside their educational services. This organization aims to create an environment that fosters growth and learning, ensuring that its students receive a well-rounded education with strong moral values. By upholding these principles, Spring Educational Foundation strives to make a positive impact on its students' lives.
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Impact
July, 2024
Spring Educational Foundation's impact can be seen through its commitment to providing academic excellence and nurturing environments for students. By focusing on traditional and faith-based education services, the foundation is able to instill values and knowledge in its students that contribute to their overall development. This approach helps in shaping responsible individuals who are well-equipped for the challenges of the future. Furthermore, by operating a school in Spring, TX, the foundation plays a crucial role in the local community by offering these valuable educational services.
This information is meant to be a general summary of Spring Educational 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 2022.
- Program Service Revenue: $2,284,240
- Gross Receipts: $3,175,628
Assets and Liabilities:
- Total Assets: $395,660
- Total Liabilities: $208,087
- Net Assets: $187,573
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$2,284,240
Organization Details
Founding Year
2019
Phone
(832) 614-2958Principal Officer
Syed Rashid Barkaat
Main Address
5500 FM 2920 RD, SPRING, TX, 77388
Website
www.bhahouston.orgNTEE Category
Code: B25 - Education
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