Overview
What is The Dartmouth Educational Association C/O Andrew Plumridge?
The Dartmouth Educational Association C/O Andrew Plumridge is a nonprofit organization primarily dedicated to offering low-interest student loans to students at Dartmouth College. Situated in Sharon, Massachusetts, the association's mission is to provide a financial support system for its students during their academic journey. Its annual operating costs, including loans disbursements, are funded through annual solicitations from its membership and other Dartmouth College alumni. The association's activities are focused on providing a viable financial solution for students, thereby contributing to their educational growth and success.
Official website here: www.dartmoutheducationalassociation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Dartmouth Educational Association has achieved a high rating of 97%, reflecting its strong performance in accountability and finance, which is the sole metric evaluated for this score. This rating indicates the organization's transparency and effective management of its resources, providing confidence to donors regarding the charity's operations and financial practices.
The organization excels in several key areas, including having a fully independent board of directors, comprising 11 members who ensure unbiased governance. Additionally, there are no reported material diversions of assets, and the charity maintains comprehensive policies for conflict of interest, whistleblowing, and document retention. The high program expense ratio of 71.11% suggests that a significant portion of its resources is directed towards its programmatic activities, enhancing its impact.
However, the summary does not indicate any specific limitations or areas for improvement, which may suggest that the organization is currently performing well across all evaluated criteria. Overall, the Dartmouth Educational Association presents itself as a responsible and effective nonprofit, making it a potentially attractive option for donors looking to support a highly rated charity.
This AI summary has been generated from information found on Charity Navigator.
Is The Dartmouth Educational Association C/O Andrew Plumridge legitimate?
The Dartmouth Educational Association C/O Andrew Plumridge is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dartmouth Educational Association C/O Andrew Plumridge 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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Official website here: www.dartmoutheducationalassociation.org
What is the mission statement of The Dartmouth Educational Association C/O Andrew Plumridge?
The Dartmouth Educational Association's mission is centered around providing financial aid in the form of low-interest student loans to students attending Dartmouth College. This mission is accomplished through annual fundraising initiatives, primarily targeting the association's membership and other Dartmouth College alumni. The loans granted by the association are designed to come with lower interest rates compared to conventional loans, thereby making education more affordable for the students. The association's operational costs, including loan disbursements, are covered through these annual solicitations. Additionally, the association manages loan reserves to cover potential future expenses or losses.
Official website here: www.dartmoutheducationalassociation.org
What is the revenue of The Dartmouth Educational Association C/O Andrew Plumridge?
The Dartmouth Educational Association C/O Andrew Plumridge's revenue in 2024 was $105,034.
Official website here: www.dartmoutheducationalassociation.org
Who are the executives of The Dartmouth Educational Association C/O Andrew Plumridge and what are their salaries?
There 11 volunteers at The Dartmouth Educational Association C/O Andrew Plumridge.
Here are 11 key members and their salaries:
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Official website here: www.dartmoutheducationalassociation.org
Where can I find the form 990 for The Dartmouth Educational Association C/O Andrew Plumridge?
The Dartmouth Educational Association C/O Andrew Plumridge's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.dartmoutheducationalassociation.org
Learn more at the official website: www.dartmoutheducationalassociation.org
Mission Statement of The Dartmouth Educational Association C/O Andrew Plumridge
The Dartmouth Educational Association, led by Andrew Plumridge, is committed to a mission that provides a vital source of funds for low-interest student loans for the students of Dartmouth College. This nonprofit organization operates with the primary goal of alleviating the financial burden of education for its students by offering affordable loan options. The Dartmouth Educational Association finances its annual operational costs, including the contributions towards its loan disbursements, through annual solicitations from its membership and other Dartmouth College alumni. The organization's activities mainly revolve around managing and disbursing these student loans while maintaining the reserves to ensure the interest on these loans remains manageable for the borrowers.
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Impact
August, 2024
The impact of The Dartmouth Educational Association C/O Andrew Plumridge is significant in providing a source of funds for low-interest student loans to the students of Dartmouth College. Through annual solicitations of the DEA's membership and other Dartmouth College alumni, the organization funds its annual operating costs, which include contributions to its loan disbursements. By offering low-interest student loans, the DEA plays a crucial role in supporting the educational pursuits of students at Dartmouth College, ultimately helping to alleviate financial barriers to higher education.
This information is meant to be a general summary of The Dartmouth Educational Association C/O Andrew Plumridge. 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 2024.
- Program Service Revenue: $79,912
- Gross Receipts: $105,034
Assets and Liabilities:
- Total Assets: $4,029,654
- Total Liabilities: $0
- Net Assets: $4,029,654
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$79,912
Organization Details
Founding Year
1896
Principal Officer
Andrew Plumridge
NTEE Category
Code: B42I - Education
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