Overview
What is Enfield Rotary Memorial Scholarship Foundation Inc?
The Enfield Rotary Memorial Scholarship Foundation is a nonprofit organization dedicated to supporting the educational aspirations of Enfield, Connecticut's youth. Operating in the junior and senior years of college or post-high school education, this foundation offers scholarships to local residents. Its mission is to alleviate the financial burden of higher education, thereby contributing to the community's future leaders. The Enfield Rotary Memorial Scholarship Foundation is committed to fostering the growth and success of Enfield's youth in their academic pursuits.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Enfield Rotary Memorial Scholarship Foundation Inc has earned a respectable score of 80%, indicating a solid level of accountability and financial health. This score is derived entirely from its Accountability & Finance metrics, highlighting the organization's commitment to transparency and responsible management of funds.
The foundation boasts an entirely independent board, which is a positive sign for governance, alongside a strong program expense ratio of 87.80%. This indicates that a significant portion of its resources is directed towards its charitable programs, which enhances its credibility and effectiveness in fulfilling its mission.
No significant issues were noted in terms of asset diversion or conflict of interest, which further supports the foundation's strong financial standing. Overall, while the organization maintains robust operational practices, continued focus on these strengths will be essential for sustaining its positive reputation.
This AI summary has been generated from information found on Charity Navigator.
Is Enfield Rotary Memorial Scholarship Foundation Inc legitimate?
Enfield Rotary Memorial Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Enfield Rotary Memorial Scholarship Foundation Inc submitted a form 990EZ, 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.
What is the mission statement of Enfield Rotary Memorial Scholarship Foundation Inc?
The Enfield Rotary Memorial Scholarship Foundation's mission is centered around addressing the scholarly needs of young individuals in their junior or senior year of college or post-high school education. This non-profit organization provides financial aid in the form of scholarships to eligible residents of Enfield, Connecticut. By offering these scholarships, the foundation aims to support and empower the academic pursuits of these young individuals, contributing to their personal growth and future prospects.
Who is the CEO of Enfield Rotary Memorial Scholarship Foundation Inc?
Cynthia Mangini is the Vice President of Enfield Rotary Memorial Scholarship Foundation Inc.
What is the revenue of Enfield Rotary Memorial Scholarship Foundation Inc?
Enfield Rotary Memorial Scholarship Foundation Inc's revenue in 2023 was $32,258.
Who are the executives of Enfield Rotary Memorial Scholarship Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Enfield Rotary Memorial Scholarship Foundation Inc?
Enfield Rotary Memorial Scholarship Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Enfield Rotary Memorial Scholarship Foundation Inc
The Enfield Rotary Memorial Scholarship Foundation is dedicated to addressing the educational needs of Enfield's youth. This nonprofit organization focuses on providing scholarships to residents who are entering their junior or senior year of college or any other post-high school education. By offering financial assistance, this foundation aims to support the academic aspirations of young individuals in the community, thereby empowering them to pursue their higher education goals. The Enfield Rotary Memorial Scholarship Foundation plays a crucial role in fostering intellectual growth and development among its local youth.
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Impact
August, 2024
The Enfield Rotary Memorial Scholarship Foundation Inc's impact can be seen in the valuable support it provides to Enfield's youth pursuing higher education. By offering scholarships to residents of Enfield, CT who are entering their junior or senior year of college or other post-high school education, the foundation plays a crucial role in helping students achieve their academic and career goals. Through its mission to serve the scholarship needs of Enfield's youth, the foundation helps alleviate financial barriers and empowers individuals to further their education and expand their opportunities. This direct assistance has a tangible and positive impact on the lives of students in Enfield, fostering a brighter future for the community as a whole.
This information is meant to be a general summary of Enfield Rotary Memorial Scholarship Foundation 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: $3,281
- Gross Receipts: $61,082
Assets and Liabilities:
- Total Assets: $322,145
- Total Liabilities: $0
- Net Assets: $322,145
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Organization Details
Phone
(860) 763-2351Principal Officer
Cynthia Mangini
Main Address
PO Box 1, Enfield, CT, 06083
NTEE Category
Code: B82 - Education
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