Overview
What is Leverett Education Foundation Inc?
Leverett Education Foundation Inc, located in Leverett, Massachusetts, is a nonprofit organization with a mission to enhance the quality of education provided by the local elementary school. They primarily focus on fundraising efforts to support this cause. Established at PO Box 235, the foundation's purpose is to contribute to the school's educational programs, ensuring the provision of top-notch education to its students. The foundation's activities are dedicated to securing funds that aim to improve the overall learning experience for the pupils of Leverett Elementary School.
Official website here: www.leveretteducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Leverett Education Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and finance. This rating is based entirely on a strong performance in its Accountability & Finance score, which stands at 76%. The foundation showcases its financial health with a low liabilities-to-assets ratio of 0.00% and a high program expense ratio of 78.50%, indicating that a significant portion of its resources is directed towards its educational initiatives.
Strengths of the organization include a fully independent board, where all ten members are independent, and the absence of any material diversion of assets. It also maintains transparency by documenting board meeting minutes and listing its website on the tax form. However, the organization does have notable limitations, specifically the absence of key policies such as conflict of interest, whistleblower, and document retention and destruction policies, which could affect its overall governance practices.
Overall, while the Leverett Education Foundation demonstrates effective financial management and a commitment to its educational mission, the lack of certain governance policies indicates areas for improvement. By addressing these gaps, the foundation could enhance its accountability and continue to build trust with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Leverett Education Foundation Inc legitimate?
Leverett Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leverett Education 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
Official website here: www.leveretteducationfoundation.org
What is the mission statement of Leverett Education Foundation Inc?
The Leverett Education Foundation Inc's mission is centered around raising funds to enhance the educational quality provided by the Leverett Elementary School. The organization's primary objective is to support the school's educational endeavors by securing necessary financial resources. Their activities are geared towards improving the overall learning experience for the students, ensuring that they receive a high-quality education. The foundation does not directly provide education but contributes financially to the school's initiatives, thereby indirectly contributing to the students' growth and development.
Official website here: www.leveretteducationfoundation.org
Who is the CEO of Leverett Education Foundation Inc?
Stephen Weiss is the Secretary of Leverett Education Foundation Inc.
Official website here: www.leveretteducationfoundation.org
What is the revenue of Leverett Education Foundation Inc?
Leverett Education Foundation Inc's revenue in 2023 was $18,019.
Official website here: www.leveretteducationfoundation.org
Who are the executives of Leverett Education Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.leveretteducationfoundation.org
Where can I find the form 990 for Leverett Education Foundation Inc?
Leverett Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.leveretteducationfoundation.org
Learn more at the official website: www.leveretteducationfoundation.org
Mission Statement of Leverett Education Foundation Inc
Leverett Education Foundation Inc is a dedicated organization with a mission to enhance the quality of education provided by the Leverett Elementary School. Their primary goal is to raise funds, serving as a vital support system for the educational institution. By doing so, they aim to contribute to the school's overall educational experience, ensuring it remains of high quality for its students.
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Impact
August, 2024
Leverett Education Foundation Inc's impact can be seen in the significant support it provides to enhance the quality of education at Leverett Elementary School. Through its fundraising efforts, the organization enables the school to implement educational programs, purchase necessary resources, and support initiatives that benefit the students and educators. By bridging the gap in funding, Leverett Education Foundation Inc plays a crucial role in enriching the learning experience and fostering a positive academic environment for the community of Leverett.
This information is meant to be a general summary of Leverett Education 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 2023.
- Gross Receipts: $18,019
Assets and Liabilities:
- Total Assets: $23,263
- Total Liabilities: $0
- Net Assets: $23,263
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Organization Details
Founding Year
2019
Principal Officer
Stephen Weiss
Main Address
PO BOX 235, LEVERETT, MA, 01054
NTEE Category
Code: E11 - Health
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