Overview
What is Senator George J Mitchell Scholarship Research Institute?
The Senator George J Mitchell Scholarship Research Institute is a nonprofit organization situated in Portland, Maine, specifically at 75 Washington Avenue 2E. Their primary goal is to offer scholarship support to students from Maine who are pursuing higher education at colleges or universities. This institute is committed to fostering the higher education aspirations of Maine students. In addition to providing financial aid, they conduct research to identify and eliminate barriers that might hinder students from attaining a college degree. With a team of 11 dedicated individuals, the Mitchell Institute plays a significant role in supporting Maine's academic community.
Official website here: www.mitchellinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The Senator George J Mitchell Scholarship Research Institute has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and impact. With perfect scores in Accountability & Finance, Impact & Measurement, and Leadership & Adaptability, the organization demonstrates robust financial health and effective oversight. Their program expense ratio of 83.14% shows a significant investment in their programs, while a fundraising efficiency ratio of $0.07 indicates they effectively manage fundraising costs.
User feedback highlights the positive experiences participants have with the scholarship program, particularly emphasizing the comprehensive support provided to scholars. Reviewers appreciate the financial assistance, leadership opportunities, and networking resources available through the institute, which significantly contribute to the personal and academic growth of students in Maine. The selection process, which ensures one deserving student from each high school in the state is recognized, is also praised as a commendable initiative.
While the organization receives overwhelmingly positive reviews, the only area for potential improvement noted is in the equity strategies score, which stands at 89 out of 100. Overall, the institute's dedication to supporting Maine's youth through education and leadership opportunities solidifies its reputation as a vital resource in the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Senator George J Mitchell Scholarship Research Institute legitimate?
Senator George J Mitchell Scholarship Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senator George J Mitchell Scholarship Research Institute 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: $169,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $543,694
For more financial information, click here
Official website here: www.mitchellinstitute.org
What is the mission statement of Senator George J Mitchell Scholarship Research Institute?
The Senator George J Mitchell Scholarship Research Institute's primary mission is to offer scholarships and other forms of support to students from Maine who are pursuing higher education. Beyond this, the organization has a secondary purpose of conducting research to identify and eliminate barriers to obtaining a college degree for Maine students. In essence, the institute aims to provide scholastic aid and contribute to the advancement of higher education opportunities for Maine students through its research efforts.
Official website here: www.mitchellinstitute.org
Who is the CEO of Senator George J Mitchell Scholarship Research Institute?
Jared Cash is the Director of Senator George J Mitchell Scholarship Research Institute.
Official website here: www.mitchellinstitute.org
What is the revenue of Senator George J Mitchell Scholarship Research Institute?
Senator George J Mitchell Scholarship Research Institute's revenue in 2022 was $3,294,225.
Official website here: www.mitchellinstitute.org
Who are the executives of Senator George J Mitchell Scholarship Research Institute and what are their salaries?
The average compensation at Senator George J Mitchell Scholarship Research Institute during 2022 was $64,791. There are 11 employees and 108 volunteers at Senator George J Mitchell Scholarship Research Institute.
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Official website here: www.mitchellinstitute.org
Where can I find the form 990 for Senator George J Mitchell Scholarship Research Institute?
Senator George J Mitchell Scholarship Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mitchellinstitute.org
Learn more at the official website: www.mitchellinstitute.org
Mission Statement of Senator George J Mitchell Scholarship Research Institute
The Senator George J Mitchell Scholarship Research Institute, with its primary objective, aims to offer scholarships and additional support to students from Maine who are pursuing higher education. Beyond this, the institute is driven by an underlying purpose to delve into and eliminate hindrances that may hinder the attainment of a college degree for these students. As a result, research is an integral part of its mission, allowing the Institute to gain insights and develop strategies to further enhance the higher education aspirations of Maine students.
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Impact
July, 2024
The Senator George J Mitchell Scholarship Research Institute has a significant impact on Maine students pursuing higher education. By providing scholarships and support to Maine students attending college or university, the Institute plays a crucial role in helping individuals achieve their educational aspirations. Additionally, through conducting research on ways to advance higher education opportunities for Maine students, the Institute contributes to the larger goal of removing obstacles to obtaining a college degree. Its focus on education underscores the Institute's commitment to empowering Maine students and fostering a more educated and skilled workforce for the state.
This information is meant to be a general summary of Senator George J Mitchell Scholarship Research Institute. 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: $1,536,050
- Gross Receipts: $7,350,220
Assets and Liabilities:
- Total Assets: $45,833,785
- Total Liabilities: $4,886,910
- Net Assets: $40,946,875
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Organization Details
Founding Year
1999
Phone
(207) 773-7700Principal Officer
Jared Cash
Main Address
75 Washington Avenue 2E, Portland, ME, 04101
Website
www.mitchellinstitute.orgNTEE Category
Code: B82 - Education
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