Overview
What is Menlo Park-Atherton Education Foundation?
The Menlo Park-Atherton Education Foundation, established in 1982, is a nonprofit organization located in Menlo Park, California. Its primary mission is to support the Menlo Park City School District by providing supplemental funding for educational activities, serving approximately 2,880 students in grades K-8. The foundation aims to enable an exceptional education for all students at four local schools: Laurel, Encinal, Oak Knoll, and Hillview. To achieve this goal, the foundation works to strengthen the resources and opportunities available to students within these schools. With a team of four dedicated individuals, the Menlo Park-Atherton Education Foundation plays a vital role in enriching the educational experience for the community's younger generations.
Official website here: www.mpaef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Menlo Park-Atherton Education Foundation has received a Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The overall score is derived solely from its high accountability and finance score of 90%, which reflects the organization’s effective management and transparency practices.
Among its notable strengths, the foundation boasts a fully independent board of directors and has implemented a comprehensive set of policies, including conflict of interest and whistleblower protections. Additionally, it has demonstrated strong financial health, with a program expense ratio of 88.40%, ensuring that a significant majority of its resources are directed towards its educational programs.
While the foundation appears to excel in financial and operational practices, there are no significant limitations noted in the available data. Its strong financial ratios, including a liabilities to assets ratio of 32.47%, further reinforce its stability and reliability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Menlo Park-Atherton Education Foundation legitimate?
Menlo Park-Atherton Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Menlo Park-Atherton 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: $136,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,297
For more financial information, click here
Official website here: www.mpaef.org
What is the mission statement of Menlo Park-Atherton Education Foundation?
The Menlo Park-Atherton Education Foundation, established in 1982, aims to support the Menlo Park City School District in providing an exceptional education to students at Laurel, Encinal, Oak Knoll, and Hillview Schools. The foundation's mission is to enable the district to enhance its educational activities with supplemental funding, thereby fostering a conducive learning environment for approximately 2,880 students in grades K-8.
Official website here: www.mpaef.org
Who is the CEO of Menlo Park-Atherton Education Foundation?
Carrie Chen is the Director of Menlo Park-Atherton Education Foundation.
Official website here: www.mpaef.org
What is the revenue of Menlo Park-Atherton Education Foundation?
Menlo Park-Atherton Education Foundation's revenue in 2022 was $6,769,052.
Official website here: www.mpaef.org
Who are the executives of Menlo Park-Atherton Education Foundation and what are their salaries?
The average compensation at Menlo Park-Atherton Education Foundation during 2022 was $55,004. There are 4 employees at Menlo Park-Atherton Education Foundation.
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- Compensation: $136,719
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Official website here: www.mpaef.org
Where can I find the form 990 for Menlo Park-Atherton Education Foundation?
Menlo Park-Atherton Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mpaef.org
Learn more at the official website: www.mpaef.org
Mission Statement of Menlo Park-Atherton Education Foundation
The Menlo Park-Atherton Education Foundation, established in 1982, is dedicated to empowering the Menlo Park City School District (MPCSD) to deliver an exceptional education to students at Laurel, Encinal, Oak Knoll, and Hillview schools. This nonprofit organization aims to provide supplemental funding for the district, enabling it to undertake various educational activities. With a mission to support the district, Menlo Park-Atherton Education Foundation contributes to the education of approximately 2,880 students in grades K-8. By offering additional resources, this foundation plays a significant role in enhancing the quality of education and fostering a conducive learning environment for these students.
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Impact
July, 2024
The Menlo Park-Atherton Education Foundation's impact is evident in its mission to enable an exceptional education for all students at four local schools within the Menlo Park City School District. By providing supplemental funding for educational activities, the foundation directly supports approximately 2,880 students in grades K-8. Since its establishment in 1982, the Menlo Park-Atherton Education Foundation has played a crucial role in enhancing the educational opportunities and outcomes for students at Laurel, Encinal, Oak Knoll, and Hillview schools. Through its dedication to supporting the district's educational initiatives, the foundation has become a critical partner in ensuring a high-quality learning experience for students in the community.
This information is meant to be a general summary of Menlo Park-Atherton 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: $203,518
- Gross Receipts: $7,197,555
Assets and Liabilities:
- Total Assets: $10,760,427
- Total Liabilities: $4,070,965
- Net Assets: $6,689,462
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Organization Details
Founding Year
1982
Phone
(650) 575-9686Principal Officer
Carrie Chen
Main Address
PO BOX 584, MENLO PARK, CA, 940260584
Website
www.mpaef.orgNTEE Category
Code: B20I - Education
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