Overview
What is Steamboat Springs Education Fund?
The Steamboat Springs Education Fund is a nonprofit organization situated in Steamboat Springs, Colorado. Established to leverage a half-cent sales tax, its primary mission is to bolster academic success in the Routt County schools. They accomplish this by investing in resources such as staff, facilities, infrastructure, technology, and curriculum, ensuring that these assets are directly benefiting the students. These investments are channeled through the local public schools, thereby enhancing their overall quality and the learning experience for the students.
Official website here: www.steamboateducationfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
The Steamboat Springs Education Fund has achieved a robust Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scores exceptionally well, particularly in areas such as having a fully independent board and maintaining transparent financial practices, which are crucial indicators of effective governance.
The fund demonstrates a high program expense ratio of 99.50%, meaning that nearly all its expenditures are directed toward its educational programs, highlighting its commitment to maximizing impact. Furthermore, there are no reported issues with material diversion of assets, underscoring the organization's integrity and responsible management of resources.
However, it is worth noting that the organization is missing a whistleblower policy, which could be a potential area for improvement. While the overall score is impressive and suggests a well-managed nonprofit, addressing this gap would enhance its accountability framework and foster greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Steamboat Springs Education Fund legitimate?
Steamboat Springs Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steamboat Springs Education Fund 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:
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Official website here: www.steamboateducationfund.org
What is the mission statement of Steamboat Springs Education Fund?
The Steamboat Springs Education Fund's mission is centered around enhancing academic success for students in Routt County. They accomplish this by managing the revenue from a half-cent sales tax, directing it towards strategic investments in educational resources such as staff, facilities, technology, and curriculum. These investments are designed to be accessible through the region's public schools, ultimately aiming to boost student achievement. The organization's expenditures primarily focus on supporting the academic growth of students in the Routt County school districts.
Official website here: www.steamboateducationfund.org
Who is the CEO of Steamboat Springs Education Fund?
Mary Johnston is the Director of Steamboat Springs Education Fund.
Official website here: www.steamboateducationfund.org
What is the revenue of Steamboat Springs Education Fund?
Steamboat Springs Education Fund's revenue in 2023 was $6,093,343.
Official website here: www.steamboateducationfund.org
Who are the executives of Steamboat Springs Education Fund and what are their salaries?
There 10 volunteers at Steamboat Springs Education Fund.
Here are 10 key members and their salaries:
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Official website here: www.steamboateducationfund.org
Where can I find the form 990 for Steamboat Springs Education Fund?
Steamboat Springs Education Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.steamboateducationfund.org
Learn more at the official website: www.steamboateducationfund.org
Mission Statement of Steamboat Springs Education Fund
Steamboat Springs Education Fund, a nonprofit organization, is dedicated to improving academic achievement in Routt County by managing the proceeds from a half-cent sales tax. This fund is utilized to make strategic investments in various student-focused areas, including staff, facilities, technology, infrastructure, and curriculum. These investments are intended to enhance the learning environment and opportunities available through the public schools in Routt County. By allocating these resources effectively, Steamboat Springs Education Fund aims to contribute significantly to the academic success of students within the region.
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Impact
July, 2024
The impact of Steamboat Springs Education Fund is significant in enhancing academic accomplishment in Routt County through targeted investments in staff, facilities, infrastructure, technology, and curriculum. By administering the proceeds of the half-cent sales tax to support educational grant expenditures, the organization directly contributes to the improvement of academics and student achievement in the Routt County Colorado school districts. Their mission to enhance academic accomplishment through student-facing investments in public schools has a tangible and positive effect on the students and educational community in the region.
This information is meant to be a general summary of Steamboat Springs Education Fund. 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 2023.
- Investment Income: $131,944
- Gross Receipts: $6,093,343
Assets and Liabilities:
- Total Assets: $3,652,791
- Total Liabilities: $1,767,742
- Net Assets: $1,885,049
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Organization Details
Founding Year
1994
Phone
(970) 819-1628Principal Officer
Mary Johnston
Main Address
35 5th Street, Steamboat Springs, CO, 80487
NTEE Category
Code: B12 - Education
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