Overview
What is Denver Christian Schools Foundation Inc?
Denver Christian Schools Foundation Inc, located at 3898 S TELLER STREET, Lakewood, CO 80235, is a nonprofit organization dedicated to managing and expanding the endowment fund for Denver Christian Schools, Inc. The foundation receives, manages, invests, and disburses capital funds and properties for the exclusive use and benefit of the school, promoting both current and deferred gifts through various means, such as trusts, gift annuities, and legacies. The organization's mission is to ensure the financial stability and growth of Denver Christian Schools, Inc., thereby contributing to the continued success and education of its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Denver Christian Schools Foundation Inc has received a Two-Star rating, indicating moderate performance in accountability and finance. The organization excels in maintaining a high percentage of independent board members and demonstrates no material diversion of assets, which are positive indicators of governance. Additionally, it showcases a strong program expense ratio of nearly 90%, reflecting its commitment to utilizing funds towards its educational programs.
Despite these strengths, the foundation faces several significant weaknesses that impact its overall score. The absence of key policies, such as conflict of interest and whistleblower policies, as well as missing documents like its website on tax forms and the tax form on its website, raises concerns regarding transparency and adherence to best practices in nonprofit governance. These missing elements have contributed to a lower overall rating and point deductions in several areas.
Overall, while the Denver Christian Schools Foundation Inc demonstrates strong financial accountability and effective program spending, the noted deficiencies in governance policies and transparency should be addressed to improve its standing and build greater trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Denver Christian Schools Foundation Inc legitimate?
Denver Christian Schools Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denver Christian Schools Foundation Inc 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 Denver Christian Schools Foundation Inc?
The Denver Christian Schools Foundation Inc. is established with a mission to manage and grow the endowment fund for Denver Christian Schools. Its primary objective is to receive, accumulate, manage, invest, and disburse capital funds and properties entrusted to it. The income generated from these activities is exclusively utilized and benefited for the Denver Christian Schools Inc. Furthermore, the foundation promotes both current and deferred gifts through various means such as legacies, trusts, gift annuities, and others, to support the school financially.
Who is the CEO of Denver Christian Schools Foundation Inc?
Brant Epperhart is the President of Denver Christian Schools Foundation Inc.
What is the revenue of Denver Christian Schools Foundation Inc?
Denver Christian Schools Foundation Inc's revenue in 2022 was $68,392.
Who are the executives of Denver Christian Schools Foundation Inc and what are their salaries?
There 5 volunteers at Denver Christian Schools Foundation Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Denver Christian Schools Foundation Inc?
Denver Christian Schools Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Denver Christian Schools Foundation Inc
Denver Christian Schools Foundation Inc's primary mission is centered around managing and building an endowment fund for Denver Christian Schools. This nonprofit organization's role is to accumulate, manage, invest, and disburse capital funds and properties entrusted to it. The income derived from these activities is exclusively utilized for the benefit and advantage of Denver Christian Schools Inc. Furthermore, the foundation promotes both current and deferred gifts through various means such as legacies, trusts, gift annuities, and other methods, thereby contributing to the growth and sustainability of Denver Christian Schools.
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Impact
October, 2024
Denver Christian Schools Foundation Inc has a significant impact on the educational landscape by managing and growing the endowment fund dedicated to Denver Christian Schools. This foundation is crucial in receiving, accumulating, and investing capital funds and properties, ensuring financial stability for the schools. By promoting current and deferred gifts through various means such as legacies, trusts, and gift annuities, it enhances the financial resources available for the school. This support directly translates to enriched educational opportunities, improved facilities, and enhanced programs for students, fostering a thriving learning environment rooted in strong Christian values. The foundation's efforts empower the schools to fulfill their mission of providing quality education and contribute positively to the broader community.
This information is meant to be a general summary of Denver Christian Schools Foundation Inc. 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: $50,883
- Gross Receipts: $132,749
Assets and Liabilities:
- Total Assets: $1,453,607
- Total Liabilities: $34,540
- Net Assets: $1,419,067
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Organization Details
Founding Year
1998
Phone
(303) 733-2421Principal Officer
Brant Epperhart
Main Address
3898 S TELLER STREET, LAKEWOOOD, CO, 80235
NTEE Category
Code: B11 - Education
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