Overview
What is Level Field Facilities Fund Inc?
Level Field Facilities Fund Inc is a nonprofit organization located in Washington, D.C. Established in 2022, its primary mission is to enhance the quality of education in the United States. They accomplish this by providing high-impact, mission-oriented real estate loans to operators of public charter schools through their national pilot fund. By doing so, they aim to enable these schools with superior facilities, thereby contributing to improved educational outcomes. They source their capital from philanthropic foundations and social impact investors, demonstrating their commitment to supporting high-quality public charter schools.
Official website here: www.levelfieldfacilitiesfund.org
Is Level Field Facilities Fund Inc legitimate?
Level Field Facilities Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Level Field Facilities Fund 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:
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Official website here: www.levelfieldfacilitiesfund.org
What is the mission statement of Level Field Facilities Fund Inc?
Level Field Facilities Fund Inc's mission is centered around enhancing the quality of education in the United States. They achieve this by providing superior facilities and financing outcomes for high-quality public charter school operators. The organization deploys a pool of concessionary capital, sourced from philanthropic foundations and social impact investors, to accomplish this mission. In 2022, the organization initiated lending operations for its National Pilot Fund, offering high-impact, mission-oriented real estate loans to public charter schools.
Official website here: www.levelfieldfacilitiesfund.org
Who is the CEO of Level Field Facilities Fund Inc?
Reena Abraham is the Director of Level Field Facilities Fund Inc.
Official website here: www.levelfieldfacilitiesfund.org
What is the revenue of Level Field Facilities Fund Inc?
Level Field Facilities Fund Inc's revenue in 2022 was $286,900.
Official website here: www.levelfieldfacilitiesfund.org
Who are the executives of Level Field Facilities Fund Inc and what are their salaries?
There 4 volunteers at Level Field Facilities Fund Inc.
Here are 7 key members and their salaries:
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Official website here: www.levelfieldfacilitiesfund.org
Where can I find the form 990 for Level Field Facilities Fund Inc?
Level Field Facilities Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.levelfieldfacilitiesfund.org
Learn more at the official website: www.levelfieldfacilitiesfund.org
Mission Statement of Level Field Facilities Fund Inc
Level Field Facilities Fund Inc is committed to enhancing the standard of education in the United States. They achieve this mission by providing superior facilities and financing outcomes for top-tier operators of public charter schools. The organization accomplishes this by deploying a pool of concessionary capital, sourced from philanthropic foundations and social impact investors. In 2022, Level Field Facilities Fund Inc expanded its operations, initiating lending operations for its National Pilot Fund. This fund offers high-impact, mission-oriented real estate loans to public charter schools, thereby contributing to the improvement of educational facilities and learning environments.
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Impact
October, 2024
Level Field Facilities Fund Inc significantly enhances the quality of education in the United States by providing critical financial resources specifically aimed at improving the facilities of public charter schools. Through its national pilot fund, launched in 2022, the organization offers high-impact, mission-oriented real estate loans that support public charter school operators in their pursuit of superior educational environments.
By leveraging a pool of concessionary capital sourced from philanthropic foundations and social impact investors, Level Field facilitates access to better facilities and financing outcomes for high-quality charter schools. This strategic approach not only improves the physical infrastructure in which students learn but also fosters an environment conducive to educational excellence and innovation. Ultimately, the fund plays a vital role in ensuring that public charter schools are equipped to fulfill their potential and serve their communities effectively.
This information is meant to be a general summary of Level Field Facilities Fund 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: $154,900
- Program Service Revenue: $82,000
- Gross Receipts: $286,900
Assets and Liabilities:
- Total Assets: $7,944,350
- Total Liabilities: $7,983,428
- Net Assets: -$39,078
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ORIGINATION FEE INCOME
Revenue
$82,000
Organization Details
Founding Year
2019
Phone
(202) 236-1558Principal Officer
Reena Abraham
Main Address
PO BOX 76920, WASHINGTON, DC, 20013
NTEE Category
Code: B90 - Education
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