Overview
What is Kent Center School Scholarship Fund Inc?
The Kent Center School Scholarship Fund Inc is a dedicated scholarship organization, located beyond the details provided. Its primary objective is to award college scholarships to 27 graduates from Kent Center School. This is achieved through the provision of student financial aid services. The organization's mission is focused on scholarship distribution and operates as a scholarship-granting entity. The Kent Center School Scholarship Fund's activities revolve around providing financial assistance for higher education, thereby enabling deserving students to pursue their academic goals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two Stars (60%)
The Kent Center School Scholarship Fund Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in certain areas despite a solid accountability and finance score of 100%. The organization's strong program expense ratio of 80.36% demonstrates a commitment to funding direct services, which is a positive aspect of its operations.
However, the nonprofit struggles with governance and transparency issues, as evidenced by the absence of independent board members and various missing policies, such as the whistleblower and document retention policies. Additionally, the lack of a website listed on its tax form and the failure to post crucial documents like the organization's tax form on its website further detract from its accountability.
Overall, while the Kent Center School Scholarship Fund Inc has strengths in financial accountability and program spending, the noted deficiencies in governance and transparency warrant attention to improve its standing and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Kent Center School Scholarship Fund Inc legitimate?
Kent Center School Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kent Center School Scholarship 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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What is the mission statement of Kent Center School Scholarship Fund Inc?
The Kent Center School Scholarship Fund Inc, as a scholarship organization, is dedicated to providing college scholarships. Its mission is to support 27 graduates from Kent Center School by offering financial aid for higher education. The primary objective of the fund is to award scholarships to deserving students, thereby helping them pursue their academic goals. The Scholarship Fund operates with the aim of making education more accessible and affordable for its recipients.
Who is the CEO of Kent Center School Scholarship Fund Inc?
Anthony Iovino is the Director of Kent Center School Scholarship Fund Inc.
What is the revenue of Kent Center School Scholarship Fund Inc?
Kent Center School Scholarship Fund Inc's revenue in 2022 was $187,282.
Who are the executives of Kent Center School Scholarship Fund Inc and what are their salaries?
Here are 19 key members and their salaries:
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Where can I find the form 990 for Kent Center School Scholarship Fund Inc?
Kent Center School Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kent Center School Scholarship Fund Inc
Kent Center School Scholarship Fund Inc, as a scholarship organization, is dedicated to furthering the education of 27 deserving graduates from Kent Center School. Their mission is centered around providing financial aid services in the form of college scholarships. This nonprofit organization aims to support these students in their pursuit of higher education, thereby empowering them to build successful futures. By awarding these scholarships, Kent Center School Scholarship Fund Inc is making a significant impact in the lives of these individuals, helping to alleviate the financial burden of higher education and opening up opportunities for personal and professional growth.
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Impact
October, 2024
Kent Center School Scholarship Fund Inc significantly impacts the lives of graduates from Kent Center School by providing essential financial support for their college education. By awarding scholarships to 27 graduates, the Fund alleviates the financial burden associated with higher education, enabling students to pursue their academic and career aspirations without the overwhelming stress of tuition costs. This support fosters a higher education environment where students can thrive, ultimately contributing to their personal development and professional success. Through its focused mission, the Fund empowers young individuals, promoting educational advancement and fostering a culture of learning within the community.
This information is meant to be a general summary of Kent Center School Scholarship 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: $92,019
- Program Service Revenue: $8,928
- Gross Receipts: $355,039
Assets and Liabilities:
- Total Assets: $1,648,313
- Total Liabilities: $0
- Net Assets: $1,648,313
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUND RAISING
Revenue
$8,928
Organization Details
Principal Officer
Anthony Iovino
Main Address
PO BOX 794, KENT, CT, 06757
NTEE Category
Code: B82Z - Education
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