Overview
What is Alumni Association Of Fitchburg High School Inc?
The Alumni Association of Fitchburg High School Inc, situated in Fitchburg, Massachusetts, is a nonprofit organization that focuses on recognizing academic excellence among students from Fitchburg High School. Through its mission, it awards scholarships ranging from $300 to $1,000 to support the post-secondary education of approximately 85 deserving students. Their primary activity encompasses offering financial aid to these academically accomplished individuals, thereby fostering their higher education journeys.
Official website here: www.fitchburghighalumni.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Alumni Association Of Fitchburg High School Inc has received a solid Three-Star rating, reflecting a commendable level of accountability and finance management. With a 76% score, the organization demonstrates strong governance practices, including having a majority of independent board members and a high program expense ratio of 97.69%, indicating that most of its funds are directed toward its mission rather than administrative costs.
Despite these strengths, the organization does have some areas for improvement. Notably, it lacks key policies such as a conflict of interest policy and a whistleblower policy, which could enhance its operational transparency and accountability. Furthermore, while the organization provides access to essential documents like board meeting minutes, the absence of certain governance policies may raise questions among potential donors regarding its oversight and ethical practices.
Overall, while the Alumni Association Of Fitchburg High School Inc has a robust financial foundation and effective program expenditure, addressing its policy gaps could further strengthen its reputation and trustworthiness within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Alumni Association Of Fitchburg High School Inc legitimate?
Alumni Association Of Fitchburg High School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alumni Association Of Fitchburg High School Inc 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:
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Other Salaries and Wages: $1,475
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Official website here: www.fitchburghighalumni.org
What is the mission statement of Alumni Association Of Fitchburg High School Inc?
The Alumni Association of Fitchburg High School Inc's primary mission is to recognize and reward academic achievement among its students. They accomplish this by granting scholarships to aid in post-secondary education. These scholarships, ranging from $300 to $1,000, are awarded to approximately 85 deserving students annually. The association aims to support these students in continuing their education and reaching their academic goals.
Official website here: www.fitchburghighalumni.org
Who is the CEO of Alumni Association Of Fitchburg High School Inc?
Peter Stephens is the Director of Alumni Association Of Fitchburg High School Inc.
Official website here: www.fitchburghighalumni.org
What is the revenue of Alumni Association Of Fitchburg High School Inc?
Alumni Association Of Fitchburg High School Inc's revenue in 2023 was $105,492.
Official website here: www.fitchburghighalumni.org
Who are the executives of Alumni Association Of Fitchburg High School Inc and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.fitchburghighalumni.org
Where can I find the form 990 for Alumni Association Of Fitchburg High School Inc?
Alumni Association Of Fitchburg High School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fitchburghighalumni.org
Learn more at the official website: www.fitchburghighalumni.org
Mission Statement of Alumni Association Of Fitchburg High School Inc
The Alumni Association of Fitchburg High School Inc carries out a mission dedicated to recognizing and financially supporting students from Fitchburg High School in their pursuit of higher education. This nonprofit organization awards scholarships to deserving students, with the amounts ranging from $300 to $1,000. In total, approximately 85 students benefit from these scholarships, which are granted in recognition of their academic achievements. This philanthropic initiative by the Alumni Association of Fitchburg High School Inc plays a significant role in empowering young individuals to further their education and carve out successful futures for themselves.
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Impact
October, 2024
The Alumni Association of Fitchburg High School Inc significantly impacts the community by providing scholarships to approximately 85 deserving students from Fitchburg High School. These awards, ranging from $300 to $1,000, are geared towards recognizing academic excellence and supporting students in their pursuit of post-secondary education. By offering financial assistance, the association helps alleviate the burden of educational costs, thereby enabling students to focus on their studies and future career aspirations. Moreover, this initiative fosters a culture of academic achievement and encourages a strong commitment to education within the community, ultimately contributing to the long-term success and development of these students.
This information is meant to be a general summary of Alumni Association Of Fitchburg High School Inc. 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 2023.
- Investment Income: $48,334
- Gross Receipts: $280,613
Assets and Liabilities:
- Total Assets: $2,141,902
- Total Liabilities: $19,462
- Net Assets: $2,122,440
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Organization Details
Founding Year
1994
Phone
(978) 534-4095Principal Officer
Peter Stephens
Main Address
P O BOX 906 140 ARN-HOW FARM RD, FITCHBURG, MA, 01420
Website
www.fitchburghighalumni.orgNTEE Category
Code: B84Z - Education
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