Overview
What is Meridian Public School Foundation?
The Meridian Public School Foundation is a nonprofit organization situated in Lynden, Washington, specifically at 525 Beard Road. Their primary mission is to enhance and expand educational opportunities within or related to the Meridian School District. Through their initiatives, they aim to promote, maintain, develop, and increase the scope of education in the community. The foundation's work may include organizing events, securing resources, and collaborating with the school district to enrich the educational experience for students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Meridian Public School Foundation has received a moderate rating, indicating some strengths in its organizational structure and financial practices. The foundation boasts an impressive program expense ratio of 91.53%, suggesting that the majority of its expenses are directed towards its programs rather than administrative costs. Additionally, it has a fully independent board and maintains a low liabilities-to-assets ratio, demonstrating sound financial management.
However, the foundation faces notable weaknesses, particularly in governance and transparency. It lacks a conflict of interest policy, a whistleblower policy, and a document retention policy, which are critical for ethical oversight and organizational integrity. Furthermore, the absence of their tax form on the nonprofit's website raises concerns about transparency. These limitations suggest that while the foundation is financially stable, it could improve its governance practices to enhance accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Meridian Public School Foundation legitimate?
Meridian Public School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meridian Public School 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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What is the mission statement of Meridian Public School Foundation?
The Meridian Public School Foundation's mission is centered around enhancing educational opportunities. Its primary objective is to promote, maintain, develop, increase, and extend educational offerings, either directly or in connection with the Meridian School District. This mission aims to enrich and expand the educational experiences available to students, thereby contributing to their overall development. The foundation may engage in various activities to achieve this goal, such as securing funds, collaborating with educators, and developing new educational programs.
Who is the CEO of Meridian Public School Foundation?
Paul Kratzig is the Board of Meridian Public School Foundation.
What is the revenue of Meridian Public School Foundation?
Meridian Public School Foundation's revenue in 2023 was $102,608.
Who are the executives of Meridian Public School Foundation and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Meridian Public School Foundation?
Meridian Public School Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Meridian Public School Foundation
The Meridian Public School Foundation, as per its mission, works diligently to foster, preserve, and advance educational opportunities within or associated with the Meridian School District. This organization is committed to extending and enhancing the educational offerings, aiming to provide a comprehensive learning environment for its students. By doing so, Meridian Public School Foundation strives to make a significant contribution to the educational sector, ensuring that the district's educational offerings remain robust and evolve with the changing times.
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Impact
October, 2024
The Meridian Public School Foundation significantly enhances educational opportunities within the Meridian School District. By promoting, maintaining, and developing a diverse range of educational offerings, it plays a crucial role in improving the quality of education for students. This foundation fosters innovation and supports programs that extend beyond the traditional curriculum, enriching the learning environment and ensuring that students have access to the resources they need to thrive. Through its initiatives, the foundation contributes to community engagement and helps prepare students for future success in an ever-evolving world.
This information is meant to be a general summary of Meridian Public School 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 2023.
- Investment Income: $36,980
- Gross Receipts: $126,339
Assets and Liabilities:
- Total Assets: $1,276,072
- Total Liabilities: $46,917
- Net Assets: $1,229,155
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Organization Details
Founding Year
2001
Principal Officer
Paul Kratzig
Main Address
525 BEARD ROAD, LYNDEN, WA, 98264
NTEE Category
Code: B82 - Education
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