Overview
What is Fort Worth Education Partnership Inc?
Fort Worth Education Partnership Inc, based in Fort Worth, Texas, is a dedicated nonprofit organization with a mission to enhance educational opportunities for local students. They achieve this by supporting the establishment and growth of reputable school operators, promoting parent advocacy and voter engagement, and assisting in the development of high-quality teacher residencies. These initiatives aim to create a strong pipeline of quality teachers and encourage their retention through strategic staffing. By coordinating these efforts, Fort Worth Education Partnership Inc strives to increase access to superior educational experiences for Fort Worth area students.
Official website here: www.fortworthep.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Fort Worth Education Partnership Inc has achieved a strong rating of 92%, reflecting its robust performance in accountability and finance. The charity has a perfect score for various governance practices, such as having a majority of independent board members and maintaining comprehensive oversight through its audit and oversight committee. This indicates a commitment to transparent management and ethical governance.
The organization demonstrates excellent financial health with a notable program expense ratio of 94.67%, meaning that a significant portion of its expenses directly supports its programs. This is complemented by a low liabilities-to-assets ratio, showcasing solid financial stability. The charity also has an impressive working capital ratio, indicating it has sufficient resources to meet its obligations in the near term.
However, one area of concern is its fundraising efficiency, which received a score of $0.002. This suggests that the organization may have challenges in effectively raising funds relative to its expenses in this area. While the overall financial health is strong, improving fundraising efficiency could enhance the charity's sustainability and capacity to serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Worth Education Partnership Inc legitimate?
Fort Worth Education Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Worth Education Partnership 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: $242,515
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,819
For more financial information, click here
Official website here: www.fortworthep.org
What is the mission statement of Fort Worth Education Partnership Inc?
Fort Worth Education Partnership Inc's mission is centered around supporting and enhancing access to high-quality educational experiences for all students. Believing in the importance of equal opportunities in education, the organization works towards this goal by investing in and coordinating initiatives that increase access to such experiences. They have supported the establishment of high-quality schools, advocated for parent voices in education, and provided assistance to develop teacher residencies and retain teachers through strategic staffing.
Official website here: www.fortworthep.org
Who is the CEO of Fort Worth Education Partnership Inc?
Brent Beasley is the President & Ceo of Fort Worth Education Partnership Inc. The CEO's salary of Fort Worth Education Partnership Inc is $226,946 and their total compensation is $242,515.
Official website here: www.fortworthep.org
What is the revenue of Fort Worth Education Partnership Inc?
Fort Worth Education Partnership Inc's revenue in 2022 was $2,897,976.
Official website here: www.fortworthep.org
Who are the executives of Fort Worth Education Partnership Inc and what are their salaries?
The average compensation at Fort Worth Education Partnership Inc during 2022 was $77,222. There are 6 employees and 2 volunteers at Fort Worth Education Partnership Inc.
Here are 4 key members and their salaries (Fort Worth Education Partnership Inc's CEO's salary is $226,946 and their total compensation is $242,515):
- Compensation: $226,946
- Related: $0
- Other: $15,569
- Compensation: $134,772
- Related: $0
- Other: $12,127
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fortworthep.org
Where can I find the form 990 for Fort Worth Education Partnership Inc?
Fort Worth Education Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fortworthep.org
Learn more at the official website: www.fortworthep.org
Mission Statement of Fort Worth Education Partnership Inc
Fort Worth Education Partnership Inc is committed to supporting, investing in, and coordinating opportunities that increase access to high-quality educational experiences for students in the area. Believing that every student deserves the opportunity to have access to top-notch education, the organization works tirelessly to achieve this mission. They do this by supporting the founding and growth of high-quality school operators in Fort Worth, enabling the opening of new schools. Furthermore, Fort Worth Education Partnership Inc is actively involved in advocacy efforts, championing parent advocacy and voter engagement to ensure that parental voices are at the forefront of education decisions. Additionally, they provide technical assistance to school districts and talent development providers, helping to establish high-quality paid teacher residency programs. These initiatives not only create additional quality teacher pipeline programs but also encourage the retention of teachers through strategic staffing.
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Impact
July, 2024
Fort Worth Education Partnership Inc's impact is significant in the education sector of Fort Worth. They have supported the founding and growth of high-quality school operators in the city, enabling the opening of new schools to expand educational opportunities. Additionally, the organization has been proactive in advocating for parent engagement and voter participation to ensure that parent voices are central to educational decision-making. Furthermore, by providing support for teacher residencies and pipeline programs, Fort Worth Education Partnership Inc is working towards developing a strong and sustainable teacher workforce in the area. Overall, their efforts are dedicated to increasing access to high-quality educational experiences for all students in Fort Worth.
This information is meant to be a general summary of Fort Worth Education Partnership 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: $34,976
- Gross Receipts: $2,897,976
Assets and Liabilities:
- Total Assets: $5,938,559
- Total Liabilities: $204,362
- Net Assets: $5,734,197
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Organization Details
Founding Year
2019
Phone
(618) 974-8441Principal Officer
Brent Beasley
Main Address
1504 COLLEGE AVENUE, FORT WORTH, TX, 76104
Website
www.fortworthep.orgNTEE Category
Code: B01 - Education
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