Chillicothe Educational Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
IN ORDER TO ENCOURAGE THE HIGHEST EDUCATIONAL STANDARDS IN THE CHILLICOTHE PUBLIC SCHOOLS AND TO INCREASE COMMUNITY PRIDE IN THOSE SCHOOLS, THE CHILLICOTHE EDUCATIONAL FOUNDATION IS ESTABLISHED TO PROVIDE FINANCIAL SUPPORT FOR ENRICHMENT OF PROGRAMS AND ACTIVITIES WHERE A NEED IS DETERMINED. THE PURPOSE OF THIS FOUNDATION SHALL BE TO RECEIVE AND ADMINISTER GIFTS AND BEQUESTS WHICH SHALL BENEFIT EDUCATION IN THE CHILLICOTHE R-II PUBLIC SCHOOLS.
- Income
- $611,366
- Spending
- $651,593
- Spent on programs
- 98%
- Reserves
- 30.6 months of spending
- Largest source of income
- donations and private grants, 89%
- Employees
- 0
- Volunteers
- 20
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 74 out of 100. Higher than 43% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 30.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
4 of 15Spending exceeded income by 7% of income.
Income trend
0 of 15Income fell 25% on the year before.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 59 out of 100. Higher than 32% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $55,500 spent. PROVIDE SCHOLARSHIPS FOR STUDENTS OF THE CHILLICOTHE R-II SCHOOL DISTRICT.
- $552,902 spent. PROVIDE RESOURCES FOR AN ATHLETIC STADIUM, ADMINISTRATION BUILDING, ELEMENTARY SCHOOL AND MUSIC DEPARTMENT FOR THE CHILLICOTHE R-II SCHOOL DISTRICT.
- $11,900 spent. PROVIDE INCENTIVE AWARDS FOR TEACHERS AND STAFF OF THE CHILLICOTHE R-II SCHOOL DISTRICT.
- $21,123 spent. PROVIDE EDUCATIONAL RESOURCES FOR STUDENTS OF THE CHILLICOTHE R-II SCHOOL DISTRICT.
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending March 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1993.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Educational Foundation Inc (Chapel Hill, NC), EIN 56-6058412. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.