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Shamrock Community Education Founda Shamrock Community Education Founda

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

EIN: 030464855 ✦ Shamrock, TX ✦ Designated as a 501(c)(3)

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Overview

What is Shamrock Community Education Founda Shamrock Community Education Founda?

Shamrock Community Education Foundation is a nonprofit organization situated in Shamrock, Texas. Its primary mission is to provide financial aid for deserving high school graduates seeking higher education. By offering college expense funds, the foundation aims to empower these individuals and contribute to their future academic pursuits. The organization's activities and mission remain focused on this goal, ensuring the success and growth of qualified young adults from the Shamrock community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%, Zero-Star out of Four Star rating. This rating reflects the organization’s overall financial health and accountability, with a focus on a single beacon score. The low rating indicates significant concerns regarding the nonprofit’s financial practices, particularly in how funds are allocated towards its programs.

Shamrock Community Education Foundation demonstrates strengths in governance, with a fully independent board and proper documentation of board meeting minutes. These factors contribute positively to its accountability. However, the organization's financial metrics reveal serious issues, notably a low program expense ratio of 20.93%, which suggests that a minimal portion of its expenditures is directed toward its core educational activities.

The lack of liabilities is a positive aspect, but the overall financial structure raises red flags about its operational sustainability and impact. Potential donors and stakeholders may want to consider these financial aspects carefully before engaging with the nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Shamrock Community Education Founda Shamrock Community Education Founda legitimate?

Shamrock Community Education Founda Shamrock Community Education Founda is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shamrock Community Education Founda Shamrock Community Education Founda 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Shamrock Community Education Founda Shamrock Community Education Founda?

The Shamrock Community Education Foundation's mission is to provide financial aid for qualified high school graduates aiming to pursue their higher education. By offering college expenses funding, the foundation seeks to support these students in continuing their academic journey. This initiative empowers young individuals, enabling them to pursue their career and personal goals beyond high school. The foundation's mission is vital in bridging the financial gap for deserving students, thereby contributing to their overall development and success.

Who is the CEO of Shamrock Community Education Founda Shamrock Community Education Founda?

Tricia Stroope is the Vice-Preside of Shamrock Community Education Founda Shamrock Community Education Founda.

What is the revenue of Shamrock Community Education Founda Shamrock Community Education Founda?

Shamrock Community Education Founda Shamrock Community Education Founda's revenue in 2022 was $35,109.

Who are the executives of Shamrock Community Education Founda Shamrock Community Education Founda and what are their salaries?


Here are 3 key members and their salaries:


Jim Beck (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Reeder (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tricia Stroope (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shamrock Community Education Founda Shamrock Community Education Founda?

Shamrock Community Education Founda Shamrock Community Education Founda's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Shamrock Community Education Founda Shamrock Community Education Founda

Shamrock Community Education Foundation, a nonprofit organization, is dedicated to providing financial assistance for qualified high school graduates seeking to pursue their higher education. Its mission is to alleviate the financial burden of college expenses for deserving individuals, enabling them to pursue their academic goals and build a better future. By offering funds, this foundation empowers young people to further their education, fostering personal growth and development.

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Impact




August, 2024

Shamrock Community Education Foundation's impact can be seen in the support it provides to qualified high school graduates for their college expenses. By offering financial assistance to these students, the foundation is opening doors to higher education and helping them pursue their academic goals. This support not only benefits the individual recipients but also contributes to the overall educational and economic development of the community. Through its mission of providing funds for college expenses, Shamrock Community Education Foundation is making a tangible difference in the lives of students and the community as a whole.




This information is meant to be a general summary of Shamrock Community Education Founda Shamrock Community Education Founda. 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.

Revenue
$35,109 (2022)
Expenses
$187,804 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,804
  • Program Service Revenue: $8,820
  • Gross Receipts: $35,109

Assets and Liabilities:

  • Total Assets: $746,952
  • Total Liabilities: $0
  • Net Assets: $746,952

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Programs

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

DEER BLIND

Revenue

$8,820

Organization Details

Founding Year

2003

Principal Officer

Tricia Stroope

Main Address

PO BOX 62, SHAMROCK, TX, 79079

NTEE Category

Code: B82 - Education

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