Overview
What is Ashfield Citizen Scholarship And Community Fund Inc?
Ashfield Citizen Scholarship and Community Fund Inc is a nonprofit organization that is dedicated to providing educational assistance to eligible individuals. Based on the information provided, the organization has a history of awarding scholarships to a significant number of individuals, with counts of 36, 28, and 26 scholarships awarded in different instances. The organization's primary mission revolves around this scholarship program, aiming to support individuals in their educational pursuits.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Ashfield Citizen Scholarship and Community Fund Inc. has received a 76% rating, which reflects a moderate level of accountability and financial management. The rating is based entirely on its Accountability & Finance score, which indicates that the organization adheres to many best practices in these areas.
Strengths of the organization include a fully independent board with no material diversion of assets and a high program expense ratio of 80.23%, suggesting that a significant portion of funds is directed towards its charitable programs. However, the organization has notable gaps, including missing policies for conflict of interest, whistleblower protections, and document retention, which may raise concerns about governance and transparency.
While the high rating signifies a solid foundation and commitment to accountability, the missing policies suggest areas for improvement. Addressing these governance issues could enhance the overall effectiveness and trustworthiness of the organization in the eyes of stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ashfield Citizen Scholarship And Community Fund Inc legitimate?
Ashfield Citizen Scholarship And Community Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashfield Citizen Scholarship And Community Fund 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.
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Executive Compensation: $0
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Other Salaries and Wages: $0
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What is the mission statement of Ashfield Citizen Scholarship And Community Fund Inc?
The primary mission of Ashfield Citizen Scholarship And Community Fund Inc is centered around awarding scholarships to eligible individuals. The organization consistently honors deserving individuals by granting them scholarships, as evidenced by the data provided with 36, 28, and 26 scholarships awarded in different instances. The core activity of this organization revolves around this scholarship awarding mission.
Who is the CEO of Ashfield Citizen Scholarship And Community Fund Inc?
Laura Stravino is the Director of Ashfield Citizen Scholarship And Community Fund Inc.
What is the revenue of Ashfield Citizen Scholarship And Community Fund Inc?
Ashfield Citizen Scholarship And Community Fund Inc's revenue in 2022 was $53,193.
Who are the executives of Ashfield Citizen Scholarship And Community Fund Inc and what are their salaries?
There 7 volunteers at Ashfield Citizen Scholarship And Community Fund Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Ashfield Citizen Scholarship And Community Fund Inc?
Ashfield Citizen Scholarship And Community Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ashfield Citizen Scholarship And Community Fund Inc
Ashfield Citizen Scholarship and Community Fund Inc, as its name suggests, is primarily dedicated to granting scholarships to eligible individuals. This nonprofit organization has a mission to award scholarships, as evidenced by the various numbers of scholarships it has distributed to deserving individuals. By doing so, it aims to support and invest in the future of these individuals, potentially contributing to their personal growth and success. The organization's mission to award scholarships is a testament to its commitment to education and community development.
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Impact
August, 2024
Ashfield Citizen Scholarship And Community Fund Inc awarded 36 scholarships to eligible individuals, 28 scholarships, and 26 scholarships, demonstrating a consistent commitment to supporting education and community members in Ashfield, MA. This impactful effort contributes to the development and advancement of individuals seeking to further their education, ultimately benefiting the community as a whole.
This information is meant to be a general summary of Ashfield Citizen Scholarship And Community Fund 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 2022.
- Investment Income: $37,551
- Gross Receipts: $72,777
Assets and Liabilities:
- Total Assets: $537,019
- Total Liabilities: $0
- Net Assets: $537,019
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Organization Details
Founding Year
1996
Phone
(413) 628-4776Principal Officer
Laura Stravino
Main Address
PO BOX 120, ASHFIELD, MA, 01330
NTEE Category
Code: T31 - Philanthropy
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