Overview
What is Friends Of Taos Charter School?
Friends of Taos Charter School is a nonprofit organization situated in Ranchos De Taos, New Mexico (87557). Their primary mission is to support Taos Charter School by managing the school's building and contributing to its operational expenses and capital projects. The organization's role extends beyond financial support, as they are also involved in facilitating various school enhancements and additions. By doing so, Friends of Taos Charter School plays a crucial role in ensuring the school's continued success and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Friends Of Taos Charter School has achieved an 80% score, reflecting a solid performance in accountability and finance. The organization boasts a perfect score for having a majority of independent board members, which demonstrates strong governance practices. Additionally, it has maintained a zero percent liability to assets ratio, indicating a healthy financial standing.
The charity's program expense ratio of 73.47% signifies that a substantial portion of its expenses is directed toward its programs, suggesting an effective use of funds for its mission. Other commendable aspects include the absence of material diversion of assets and a well-documented conflict of interest policy, contributing to the overall positive evaluation of its operations.
However, the score is based solely on the accountability and finance beacon, which means that other aspects of the organization, such as mission effectiveness or donor engagement, are not assessed in this rating. Despite this limitation, the available data highlights Friends Of Taos Charter School as a financially stable and transparently governed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Taos Charter School legitimate?
Friends Of Taos Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Taos Charter School 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Friends Of Taos Charter School?
The Friends of Taos Charter School's mission is centered around supporting the operations and capital projects of a specific charter school. The organization plays a crucial role in maintaining and enhancing the school's infrastructure, contributing financially to its daily operations and future expansion plans. By doing so, they aim to contribute positively to the educational environment and the overall success of the school. The Friends of Taos Charter School's mission can be summarized as providing essential support to ensure the school's continued growth and development.
Who is the CEO of Friends Of Taos Charter School?
Roberta Lerman is the President of Friends Of Taos Charter School.
What is the revenue of Friends Of Taos Charter School?
Friends Of Taos Charter School's revenue in 2023 was $179,996.
Who are the executives of Friends Of Taos Charter School and what are their salaries?
There 7 volunteers at Friends Of Taos Charter School.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Friends Of Taos Charter School?
Friends Of Taos Charter School's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Friends Of Taos Charter School
Friends of Taos Charter School, as a nonprofit organization, is committed to supporting the Taos Charter School. This support encompasses various aspects, including owning the school building and funding its operations and capital projects, as well as any necessary additions. In essence, Friends of Taos Charter School plays a crucial role in ensuring the school's smooth functioning and growth. By generating net rental income from the school property and then using this income to cover rental expenses, the organization contributes significantly to the Taos Charter School's success.
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Impact
October, 2024
Friends Of Taos Charter School plays a crucial role in enhancing the educational experience at Taos Charter School. By owning the school building, the organization ensures that the facility is well-maintained and equipped to meet the needs of both students and educators. The net rental income generated from the property is reinvested into the school, facilitating essential operational support and funding for capital projects and additions. This ongoing support enables the school to expand its offerings and improve infrastructure, ultimately fostering a better learning environment for students in Ranchos de Taos, NM. The organization’s commitment to education directly impacts the school's ability to provide quality education and resources, empowering both educators and students to succeed.
This information is meant to be a general summary of Friends Of Taos Charter School. 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: $5,847
- Gross Receipts: $183,076
Assets and Liabilities:
- Total Assets: $862,528
- Total Liabilities: $0
- Net Assets: $862,528
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Organization Details
Founding Year
2000
Phone
(575) 770-6838Principal Officer
Roberta Lerman
Main Address
PO Box 3009, Ranchos De Taos, NM, 87557
NTEE Category
Code: B90 - Education
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