Overview
What is Marist H S Chicago-Foundation?
Marist H S Chicago-Foundation is a parent-teacher association (PTA) situated in Chicago, Illinois, serving Marist High School. Its primary mission is to raise funds to bolster the school's activities and initiatives, including offering financial assistance through grants. This nonprofit organization plays an active role in supporting Marist High School's educational endeavors and community development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Marist High School Chicago Foundation has received an 82% rating from Charity Navigator, indicating a strong performance in its accountability and finance practices. This score is derived entirely from its accountability and finance beacon, which reflects the organization's commitment to maintaining financial integrity and transparency.
The foundation boasts a fully independent board, with all eight members meeting the criteria for independence. It also has a strong financial management structure, with a low liabilities-to-assets ratio of 0.19% and a high program expense ratio of 93.08%, demonstrating that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, it maintains thorough documentation of board meeting minutes and has implemented an effective audit and oversight committee.
While the foundation scores well in accountability and finance, the reliance on a single beacon score means that other performance aspects, such as fundraising efficiency or program results, are not assessed in this rating. Nonetheless, the high accountability score signals a solid foundation for donor trust and effective financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Marist H S Chicago-Foundation legitimate?
Marist H S Chicago-Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marist H S Chicago-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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Marist H S Chicago-Foundation?
The Marist HS Chicago-Foundation's mission is centered around raising funds to support Marist High School. They accomplish this by implementing various programs, including providing grants to the school. Operating as a parent-teacher association (PTA), this organization is committed to aiding Marist High School in Chicago, Illinois.
Who is the CEO of Marist H S Chicago-Foundation?
Steve Larson is the President Thru 5/22 of Marist H S Chicago-Foundation.
What is the revenue of Marist H S Chicago-Foundation?
Marist H S Chicago-Foundation's revenue in 2022 was $1,319,460.
Who are the executives of Marist H S Chicago-Foundation and what are their salaries?
There 6 volunteers at Marist H S Chicago-Foundation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Marist H S Chicago-Foundation?
Marist H S Chicago-Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marist H S Chicago-Foundation
Marist High School Chicago-Foundation is a mission-driven organization that works tirelessly to raise funds to support the educational institution, Marist High School. Acting as a parent-teacher association (PTA), this foundation provides financial assistance through various programs, including grants. By doing so, they contribute significantly to the school's overall well-being and development.
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Impact
July, 2024
Marist H S Chicago-Foundation has a significant impact on the educational landscape in Chicago. By raising money to support Marist High School, the foundation helps provide resources and opportunities for students that may not have been possible otherwise. Through its various programs and grants to the school, Marist H S Chicago-Foundation plays a vital role in enhancing the educational experience for students and supporting the overall mission of the high school. The foundation's commitment to education shines through its dedication to supporting Marist High School and fostering a thriving learning environment for students in Chicago.
This information is meant to be a general summary of Marist H S Chicago-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: $971,743
- Gross Receipts: $1,319,460
Assets and Liabilities:
- Total Assets: $19,407,276
- Total Liabilities: $622,561
- Net Assets: $18,784,715
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Organization Details
Founding Year
2013
Phone
(773) 881-5331Principal Officer
Steve Larson
Main Address
4200 W 115TH STREET, CHICAGO, IL, 60655
NTEE Category
Code: B11 - Education
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