Overview
What is Sequim Education Foundation?
The Sequim Education Foundation, based in Sequim, Washington, is a nonprofit organization with a singular focus on fostering a lifelong love of learning. In collaboration with the Sequim School District, they provide grant funds for academic programs that might otherwise be unattainable within the district. By working closely with district staff, they aim to leverage existing resources and expand the reach of their initiatives as much as possible. The scale of their grants varies, ranging from small-scale pilot programs in individual classrooms to larger-scale programs accessible to all students in the district. The Foundation's mission is deeply rooted in its vision, inspiring and supporting educational growth and passion in the Sequim community.
Official website here: www.sequimeducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Sequim Education Foundation has achieved a commendable score of 88%, reflecting its strong commitment to accountability and financial health. The foundation demonstrates a high level of transparency, with 93% of its board members being independent and having no material diversion of assets. Its comprehensive policies, including conflict of interest and whistleblower protections, further underscore its commitment to ethical governance.
Financially, the organization maintains a favorable liabilities to assets ratio of 0.08%, indicating prudent management of resources. However, while its program expense ratio of 62.69% suggests a majority of expenditures are directed towards its programs, it falls short of optimal performance in this category, potentially indicating room for improvement in program funding.
Overall, the Sequim Education Foundation showcases strong governance practices and financial stability, making it a reliable option for donors interested in supporting educational initiatives in the area. Its solid ratings and policies signal a commitment to responsible management, though enhancing its program expense ratio could augment its impact further.
This AI summary has been generated from information found on Charity Navigator.
Is Sequim Education Foundation legitimate?
Sequim Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sequim 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $29,389
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sequimeducationfoundation.org
What is the mission statement of Sequim Education Foundation?
The Sequim Education Foundation's mission is centered around inspiring and fostering a lifelong love for learning. They achieve this by collaborating with the Sequim School District to provide grant funds for specific academic programs that might not be feasible otherwise. The foundation works closely with district staff to maximize the use of existing resources and aims to have a wide impact through their grant initiatives. The scale of these grants varies, ranging from single-classroom pilot programs to larger initiatives open to all students in the district.
Official website here: www.sequimeducationfoundation.org
Who is the CEO of Sequim Education Foundation?
Philip Trowbridge is the Exec Directo of Sequim Education Foundation.
Official website here: www.sequimeducationfoundation.org
What is the revenue of Sequim Education Foundation?
Sequim Education Foundation's revenue in 2023 was $93,513.
Official website here: www.sequimeducationfoundation.org
Who are the executives of Sequim Education Foundation and what are their salaries?
The average compensation at Sequim Education Foundation during 2023 was $29,389. There is 1 employee and 15 volunteers at Sequim Education Foundation.
Here are 15 key members and their salaries:
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Official website here: www.sequimeducationfoundation.org
Where can I find the form 990 for Sequim Education Foundation?
Sequim Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sequimeducationfoundation.org
Learn more at the official website: www.sequimeducationfoundation.org
Mission Statement of Sequim Education Foundation
The Sequim Education Foundation, with a vision to inspire and foster a lifelong love of learning, works towards achieving this goal by collaborating with the Sequim School District. Their mission is to provide grant funds for specific academic programs that would not otherwise be feasible within the district. They work closely with district staff to determine the most effective use of existing resources, aiming to maximize the reach of their grants. The scale of these grants varies, ranging from small-scale classroom pilot programs to larger initiatives open to all students in the district.
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Impact
October, 2024
The Sequim Education Foundation significantly enhances educational opportunities within the Sequim School District by providing essential funding for academic programs that might not be feasible otherwise. Through its teaching grants, the foundation collaborates closely with district staff to pinpoint areas where additional resources can make a meaningful impact. This strategic partnership allows for a diverse range of programs, from pilot initiatives in single classrooms to expansive projects accessible to all students across the district. By fostering innovation and creativity in teaching, the foundation plays a pivotal role in inspiring a lifelong love of learning among students, ultimately enriching the educational landscape in Sequim, WA.
This information is meant to be a general summary of Sequim 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 2023.
- Investment Income: $50,512
- Gross Receipts: $93,513
Assets and Liabilities:
- Total Assets: $1,472,092
- Total Liabilities: $1,256
- Net Assets: $1,470,836
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Organization Details
Founding Year
2001
Phone
(360) 461-4455Principal Officer
Philip Trowbridge
Main Address
PO BOX 3065, SEQUIM, WA, 98382
NTEE Category
Code: B82 - Education
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