Overview
What is Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill?
Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill is a nonprofit organization situated in Sterling, Colorado. With a single employee, their primary mission is to enrich the educational journey of students within the RE-1 Valley School District. They accomplish this by granting scholarships and supplementing funds from investments. These investments are sourced from contributions received from various individuals, businesses, and corporations. The earnings and gains or losses from these investments play a crucial role in supplementing the scholarships and grants provided by the foundation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%
The Re-1 Valley Foundation Inc has received a low rating of 33%, translating to a Zero-Star out of Four Star rating. This score is determined by its overall accountability and finance metrics, which primarily highlight the absence of key governance policies and a lack of transparency regarding its website and financial documentation. While the foundation boasts strengths such as a fully independent board and no material diversion of assets, critical areas concerning financial health and operational accountability remain unaddressed.
User feedback from Great Nonprofits indicates a surprising positive reception towards specific initiatives undertaken by the foundation. For instance, a review praised a teacher's efforts to implement Google Expeditions, which provides virtual field trips to enhance educational opportunities for students in rural settings. This demonstrates a commitment to enriching student experiences despite noted organizational shortcomings.
However, the foundation's overall financial performance raises concerns, particularly regarding its program expense ratio, which is relatively low at 48.72%. This indicates that a significant portion of its resources may not be directed towards programmatic activities, thereby limiting its potential impact. In summary, while there are commendable efforts at the grassroots level, the foundation faces substantial challenges in governance and financial management that need to be addressed.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill legitimate?
Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill is a legitimate nonprofit organization registered as a 501(c)(3) entity. Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill 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: $1,230
For more financial information, click here
What is the mission statement of Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill?
The Re-1 Valley Foundation, as a non-profit community organization, aims to enhance the educational experience of students within the Re-1 Valley School District. They achieve this by investing contributions from individuals, businesses, and corporations in savings, money market accounts, and securities. The earnings and gains or losses from these investments are then used to supplement grants and scholarships for students within the district. The foundation's primary purpose is to support the educational growth and development of the students in its jurisdiction.
Who is the CEO of Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill?
Michele Gerk is the Pro Temp/Dir of Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill.
What is the revenue of Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill?
Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill's revenue in 2022 was -$13,094.
Who are the executives of Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill and what are their salaries?
The average compensation at Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill during 2022 was $1,230. There is 1 employee at Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill?
Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill
The Re-1 Valley Foundation, headed by Williamson Lowery Fredregill, is a widely recognized non-profit community organization. Its primary purpose is to elevate the educational experience of students within the RE-1 Valley School District. To accomplish this mission, the foundation receives contributions from individuals, businesses, and corporations. These donations are strategically invested in savings accounts, money markets, and securities, with any earnings, gains, or losses derived from these investments being utilized to augment the grants and scholarships provided by the foundation. By supplementing its financial aid offerings, the Re-1 Valley Foundation ensures that more students within the district have the opportunity to further their education and pursue their academic goals.
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Impact
October, 2024
Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill plays a significant role in enhancing educational opportunities for students in the RE-1 Valley School District. Through contributions received from individuals, businesses, and corporations, the foundation invests in savings, money market accounts, and securities. The earnings generated from these investments are utilized to supplement grants and scholarships, providing essential financial support for students pursuing their education.
By offering scholarships to students throughout the RE-1 Valley, the foundation directly impacts their ability to access higher education and improve their academic journeys. This support can alleviate financial burdens, enabling students to focus on their studies and extracurricular activities. The foundation’s commitment to enhancing the educational experience creates a positive ripple effect within the community, fostering a culture that values and promotes education.
This information is meant to be a general summary of Re-1 Valley Foundation Inc C/O Williamson Lowery Fredregill. 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: -$13,778
- Gross Receipts: $963,275
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1993
Phone
(970) 521-2720Principal Officer
Michele Gerk
Main Address
PO BOX 70, STERLING, CO, 80751
NTEE Category
Code: B112 - Education
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