Overview
What is Methow Valley Education Foundation?
The Methow Valley Education Foundation, situated in Winthrop, Washington, is a nonprofit organization that prioritizes offering educational opportunities to the local community. They demonstrate their commitment by granting scholarships to 25 deserving students, enabling them to pursue higher education. Based at PO Box 40, this organization operates with a clear mission to uplift the educational prospects of its residents.
Official website here: www.mveducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Methow Valley Education Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid score of 76%. This rating is an indicator of the charity's strong performance in accountability and finance, entirely derived from a single beacon score. The foundation demonstrates excellent governance practices, with a board composed entirely of independent members and no material diversion of assets reported.
Among its organizational strengths, the foundation has achieved a perfect score in several areas, including the transparency of its website and the documentation of board meeting minutes. Additionally, its liabilities to assets ratio stands at 0.00%, indicating a healthy financial position. The Program Expense Ratio is also notable at 77.89%, suggesting that a significant portion of its financial resources is directed towards its educational programs.
While the foundation has showcased positive attributes in its financial management and governance, the overall rating reflects only one aspect of its operations. Future evaluations could benefit from a broader perspective on its impact and effectiveness in fulfilling its mission within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Methow Valley Education Foundation legitimate?
Methow Valley Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methow Valley Education 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.
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Official website here: www.mveducationfoundation.org
What is the mission statement of Methow Valley Education Foundation?
The Methow Valley Education Foundation's mission is centered around offering educational prospects to local students. This organization strives to accomplish this by providing scholarships, thereby aiding students in pursuing higher education. By doing so, they aim to contribute to the overall educational growth and development of the community. Their activities are primarily focused on this mission, ensuring that local students have the opportunity to expand their knowledge and skills.
Official website here: www.mveducationfoundation.org
Who is the CEO of Methow Valley Education Foundation?
Terry L Karro is the Principal Officer of Methow Valley Education Foundation.
Official website here: www.mveducationfoundation.org
What is the revenue of Methow Valley Education Foundation?
Methow Valley Education Foundation's revenue in 2022 was $465,188.
Official website here: www.mveducationfoundation.org
Who are the executives of Methow Valley Education Foundation and what are their salaries?
There 10 volunteers at Methow Valley Education Foundation.
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Official website here: www.mveducationfoundation.org
Where can I find the form 990 for Methow Valley Education Foundation?
Methow Valley Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mveducationfoundation.org
Learn more at the official website: www.mveducationfoundation.org
Mission Statement of Methow Valley Education Foundation
The Methow Valley Education Foundation is committed to extending educational prospects to students residing in the local community. Their primary mission, as stated, is to foster an environment that empowers these students by providing them with the necessary resources to pursue higher education. To accomplish this goal, the foundation has awarded scholarships to 25 deserving students, thereby demonstrating its unwavering dedication to enriching the educational journey of its beneficiaries.
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Impact
July, 2024
The Methow Valley Education Foundation has provided scholarships for 25 local students to support their higher education, making a direct impact on the educational opportunities available to students in the Winthrop area. Through their efforts, they are helping to support the future success of these students as they pursue their academic goals.
This information is meant to be a general summary of Methow Valley Education 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: $63,360
- Gross Receipts: $471,530
Assets and Liabilities:
- Total Assets: $2,299,382
- Total Liabilities: $0
- Net Assets: $2,299,382
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Organization Details
Founding Year
1983
Phone
(509) 996-2820Principal Officer
Terry L Karro
Main Address
PO Box 40, Winthrop, WA, 98862
NTEE Category
Code: B82 - Education
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