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Wonderful Foundations

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 832252772 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Wonderful Foundations?

Wonderful Foundations is a charitable organization based in Minneapolis, Minnesota, with the address 2801 Hennepin Avenue 285. They are committed to providing philanthropic funding specifically for charter schools and their students. By catering to the unique needs of students, charter schools offer an effective educational path for children from diverse backgrounds, helping them reach their full potential. Wonderful Foundations operates in four states and manages 13 properties to support this mission.


Official website here: www.wonderfulfoundations.org

Is Wonderful Foundations legitimate?

Wonderful Foundations is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wonderful Foundations 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wonderfulfoundations.org

What is the mission statement of Wonderful Foundations?

Wonderful Foundations is a charitable organization committed to providing philanthropic funding specifically for charter schools and their students. The unique approach of charter schools in tailoring education to the specific needs of students offers a proven path for children from diverse backgrounds to reach their full potential. Wonderful Foundations is dedicated to making charter school education accessible to students nationwide, enabling them to thrive academically and personally. By offering tailored educational experiences, charter schools play a significant role in helping students succeed and reach their goals. Wonderful Foundations' mission aligns with this objective, working to ensure that students have access to quality educational opportunities to unlock their potential.


Official website here: www.wonderfulfoundations.org

Who is the CEO of Wonderful Foundations?

Troy Snyder is the Chair of Wonderful Foundations.


Official website here: www.wonderfulfoundations.org

What is the revenue of Wonderful Foundations?

Wonderful Foundations's revenue in 2022 was $22,902,884.


Official website here: www.wonderfulfoundations.org

Who are the executives of Wonderful Foundations and what are their salaries?

Here are 4 key members and their salaries:

    Troy Snyder (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Cairns (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Parker Lyons (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Knox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wonderfulfoundations.org

    Where can I find the form 990 for Wonderful Foundations?

    The Wonderful Foundations’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wonderfulfoundations.org

    Learn more at the official website: www.wonderfulfoundations.org

    Mission Statement of Wonderful Foundations

    Wonderful Foundations, a charitable organization, is dedicated to providing philanthropic funding for charter schools and their students. By offering educational resources tailored to the unique needs of individual students, charter schools provide a proven path for children from diverse backgrounds to reach their full potential. Wonderful Foundations embraces this mission and works to make charter school education accessible to children nationwide.

    In their quest to make a difference, Wonderful Foundations operates 13 properties in four states. They invest in charter schools, enabling them to provide high-quality education to students who might not otherwise have access. Through their philanthropic efforts, they help ensure that charter schools have the resources they need to succeed and that students receive the education they deserve. By supporting charter schools, Wonderful Foundations empowers the next generation to learn, grow, and thrive.

    Charters schools offer a personalized educational experience, allowing students to advance at their own pace and focus on their individual strengths. Wonderful Foundations recognizes the importance of this approach and is committed to making it available to as many children as possible. By providing funding for charter schools, they create opportunities for students to receive an education that is tailored to their needs and designed to help them succeed. In turn, these students are better prepared to contribute positively to their communities and society as a whole.

    Impact

    This information is meant to be a general summary of Wonderful Foundations. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Wonderful Foundations makes a significant impact by providing philanthropic funding focused specifically on charter schools and their students, operating 13 properties across 4 states. By supporting charter schools that tailor educational experiences to students' individual needs, Wonderful Foundations is ensuring that children from all backgrounds have access to a proven path for reaching their full potential. This dedication to making charter school education available nationwide underscores the organization's commitment to improving educational opportunities for children across the country.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $929,195
  • Program Service Revenue: $21,992,972
  • Gross Receipts: $23,668,027

    • Assets and Liabilities:
  • Total Assets: $322,572,289
  • Total Liabilities: $333,903,544
  • Net Assets: -$11,331,255
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL REVENUE

    Revenue

    $21,992,972

    Organization Details

    Founding Year

    2018

    Principal Officer

    Troy Snyder

    Main Address

    2801 HENNEPIN AVENUE 285, MINNEAPOLIS, MN, 55408

    NTEE Category

    Code: B12 - Education

    If you are a representative of Wonderful Foundations and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.