Overview
What is Anacortes Schools Foundation?
The Anacortes Schools Foundation, based in Anacortes, Washington, is a dedicated nonprofit organization. Their primary mission is to empower and inspire students from Anacortes by providing merit scholarships for post-high school education and preschool scholarships to foster the natural eagerness of young learners. With a small team of one employee, they strive to enrich learning opportunities for all Anacortes students, contributing to their educational growth and future success.
Official website here: www.asfkids.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
The Anacortes Schools Foundation has achieved a score of 85%, which reflects a strong performance particularly in the area of accountability and finance. This three-star rating indicates that the organization meets high standards of transparency and fiscal responsibility, making it a reliable choice for donors. The overall score is exclusively based on its accountability and finance metrics, highlighting the organization’s focus on maintaining integrity in its financial practices.
One of the foundation's notable strengths is its governance structure, with 100% of its board members being independent, which enhances objectivity in decision-making. Additionally, the foundation exhibits excellent financial health, demonstrated by a program expense ratio of 92%, meaning that a significant majority of its expenditures directly support its programs. The foundation also has robust policies in place, including conflict of interest and whistleblower policies, providing further assurance of its commitment to ethical standards.
Despite its strengths, potential donors should consider that the rating is solely based on financial accountability, without insights into programmatic effectiveness or outcomes. While the foundation may excel in financial governance, a more comprehensive evaluation of its impact and community engagement could provide a fuller picture of its effectiveness in achieving its mission. Overall, the Anacortes Schools Foundation appears to operate with a solid foundation of accountability, making it a trustworthy option for contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Anacortes Schools Foundation legitimate?
Anacortes Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anacortes Schools 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
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Other Salaries and Wages: $60,463
For more financial information, click here
Official website here: www.asfkids.org
What is the mission statement of Anacortes Schools Foundation?
The Anacortes Schools Foundation's mission is centered around empowering and inspiring all students. Through the provision of scholarships, they aim to support Anacortes students in their pursuit of post-secondary education. Additionally, the foundation offers preschool scholarships to fuel the natural desire of young learners to expand their knowledge. By doing so, the Anacortes Schools Foundation aims to contribute to the overall educational growth and development of its students.
Official website here: www.asfkids.org
Who is the CEO of Anacortes Schools Foundation?
Treva King is the President of Anacortes Schools Foundation.
Official website here: www.asfkids.org
What is the revenue of Anacortes Schools Foundation?
Anacortes Schools Foundation's revenue in 2022 was $854,103.
Official website here: www.asfkids.org
Who are the executives of Anacortes Schools Foundation and what are their salaries?
The average compensation at Anacortes Schools Foundation during 2022 was $60,463. There is 1 employee and 205 volunteers at Anacortes Schools Foundation.
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Official website here: www.asfkids.org
Where can I find the form 990 for Anacortes Schools Foundation?
Anacortes Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.asfkids.org
Learn more at the official website: www.asfkids.org
Mission Statement of Anacortes Schools Foundation
The Anacortes Schools Foundation is dedicated to empowering and inspiring all students within the Anacortes community. They achieve this mission by providing scholarships and enriching learning opportunities. Specifically, the foundation grants merit scholarships to Anacortes students seeking post-high school education, fostering their academic growth. Furthermore, the foundation extends its support to preschoolers, offering scholarships that encourage their natural desire to learn. By providing these opportunities, the Anacortes Schools Foundation plays a significant role in nurturing the educational development of its local students.
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Impact
July, 2024
Anacortes Schools Foundation empowers and inspires all Anacortes students through scholarships and enriched learning opportunities. They provide merit scholarships to Anacortes students pursuing post-high school education and preschool scholarships to preschoolers in pursuit of their natural desire to learn. Through their work, they are making a significant impact on the educational journey of students in Anacortes, WA, and helping to shape a brighter future for the community.
This information is meant to be a general summary of Anacortes Schools 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: $66,551
- Gross Receipts: $1,635,554
Assets and Liabilities:
- Total Assets: $4,695,858
- Total Liabilities: $0
- Net Assets: $4,695,858
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Organization Details
Founding Year
1984
Phone
(360) 488-2343Principal Officer
Treva King
Main Address
2200 M AVENUE, ANACORTES, WA, 982213728
Website
www.asfkids.orgNTEE Category
Code: B82 - Education
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