Overview
What is Foothills Educational Foundation?
The Foothills Educational Foundation is a nonprofit organization, specifically supporting the Summit School of Ahwatukee, located at 4515 E Muirwood Dr, Phoenix, AZ 85048. This private educational institution offers a conducive environment for academic success, intellectual development, artistic expression, physical growth, and community involvement. The foundation's mission, as stated, is to cultivate academic excellence and foster a lifelong love for learning through a liberal arts education. This encompasses developing the necessary skills, knowledge, and values to lead a fulfilling and responsible life. The organization currently employs 91 individuals, working towards this mission.
Official website here: www.summitschoolaz.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The Foothills Educational Foundation has received a low rating of 54% from Charity Navigator, indicating significant concerns about its accountability and financial practices. While the organization has a strong representation of independent board members and maintains transparency regarding its board meeting minutes, there are critical areas where it falls short, such as the absence of a conflict of interest policy, whistleblower policy, and proper document retention practices.
A positive aspect of the foundation is its high program expense ratio of 83.14%, suggesting that a substantial portion of its funds is directed towards its programs rather than administrative costs. However, the liabilities to assets ratio of 165.32% raises red flags regarding the organization's financial health and sustainability. This indicates that the foundation may be facing challenges in managing its debts, which could impact its operations and future initiatives.
Overall, while the Foothills Educational Foundation demonstrates strengths in certain governance areas, the missing policies and worrying financial metrics illustrate the need for improvement in accountability and management practices. Potential donors and supporters should carefully consider these factors before contributing to or engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Foothills Educational Foundation legitimate?
Foothills Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foothills Educational Foundation 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: $150,577
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,429,274
For more financial information, click here
Official website here: www.summitschoolaz.org
What is the mission statement of Foothills Educational Foundation?
The Foothills Educational Foundation, through its affiliation with Summit School of Ahwatukee, is committed to nurturing academic excellence and fostering a love for learning. This is achieved through a liberal arts education approach, which cultivates essential knowledge, skills, and values necessary for a fulfilling and responsible life. The organization offers exceptional opportunities for intellectual growth, artistic development, physical wellbeing, and community involvement, ultimately aiming to contribute positively to its students' lives.
Official website here: www.summitschoolaz.org
Who is the CEO of Foothills Educational Foundation?
Dr Stephanie Nardi is the Founding Member of Foothills Educational Foundation.
Official website here: www.summitschoolaz.org
What is the revenue of Foothills Educational Foundation?
Foothills Educational Foundation's revenue in 2022 was $4,250,908.
Official website here: www.summitschoolaz.org
Who are the executives of Foothills Educational Foundation and what are their salaries?
The average compensation at Foothills Educational Foundation during 2022 was $28,350. There are 91 employees and 120 volunteers at Foothills Educational Foundation.
Here are 13 key members and their salaries:
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- Compensation: $87,201
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- Other: $4,760
Official website here: www.summitschoolaz.org
Where can I find the form 990 for Foothills Educational Foundation?
Foothills Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.summitschoolaz.org
Learn more at the official website: www.summitschoolaz.org
Mission Statement of Foothills Educational Foundation
Foothills Educational Foundation, a private educational organization, is dedicated to promoting academic excellence and fostering a love for learning. They accomplish this through a liberal arts education approach, nurturing the essential knowledge, skills, and values necessary for a fulfilling and responsible life. The Summit School of Ahwatukee, under the umbrella of Foothills Educational Foundation, provides exceptional opportunities for students in various aspects of their development. These opportunities encompass both intellectual growth and artistic fulfillment, while also encouraging physical development and community responsibility.
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Impact
July, 2024
Foothills Educational Foundation, operating under the name Summit School of Ahwatukee, makes a significant impact by providing exceptional opportunities for academic achievement, intellectual growth, artistic fulfillment, physical development, and community responsibility. Their mission to foster academic excellence and a love of learning through a liberal arts education helps nurture the knowledge, skills, and values essential to a responsible and rewarding life. Through their commitment to education, they are positively impacting the lives of students and shaping future generations in Phoenix, Arizona.
This information is meant to be a general summary of Foothills Educational Foundation. 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: $515
- Program Service Revenue: $3,740,168
- Gross Receipts: $4,275,908
Assets and Liabilities:
- Total Assets: $4,519,905
- Total Liabilities: $6,891,639
- Net Assets: -$2,371,734
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$3,698,877
Miscellaneous
Revenue
$41,291
Organization Details
Founding Year
2000
Phone
(480) 403-9509Principal Officer
Dr Stephanie Nardi
Main Address
4515 E Muirwood Dr, Phoenix, AZ, 85048
Website
www.summitschoolaz.orgNTEE Category
Code: B20 - Education
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