Overview
What is San Kiang Youth Scholarship Inc?
San Kiang Youth Scholarship Inc is a nonprofit organization situated in New York, NY. Their primary mission is to provide financial aid to deserving students through their scholarship program. Acting as a scholarship provider, they offer essential support services to qualified individuals, thereby easing the financial burden associated with higher education. Their activities are primarily focused on distributing scholarships, thereby aiding students in pursuing their academic goals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 30%
San Kiang Youth Scholarship Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant areas of concern regarding its accountability and financial practices. The overall score reflects a poor performance in several key areas, particularly the absence of essential policies and missing documentation, which negatively impacts transparency and governance standards.
The organization does have a completely independent board, with all members being independent and no material diversion of assets reported. These aspects highlight a strength in governance that could be a positive foundation for the nonprofit. However, the charity's financial practices are concerning, particularly the low program expense ratio of 3.44%, which suggests that a minimal portion of its budget is being directed toward its stated mission.
Further limitations are evident in the absence of key documents such as conflict of interest and whistleblower policies, as well as a lack of meeting minutes and website documentation. These omissions contribute to the low accountability score and suggest a need for improved practices to enhance transparency and trust with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is San Kiang Youth Scholarship Inc legitimate?
San Kiang Youth Scholarship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Kiang Youth Scholarship 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of San Kiang Youth Scholarship Inc?
The San Kiang Youth Scholarship Inc's mission revolves around distributing scholarships to eligible students. This organization serves as a provider of financial aid for students, offering them scholarships as a means of support. By doing so, the San Kiang Youth Scholarship Inc aims to contribute to the educational aspirations of qualified individuals, thereby providing them with opportunities to pursue their academic goals. The organization's activities primarily focus on scholarship distribution, thereby alleviating the financial burden of education for deserving students.
Who is the CEO of San Kiang Youth Scholarship Inc?
Rong Hua Lin is the Vice President of San Kiang Youth Scholarship Inc.
What is the revenue of San Kiang Youth Scholarship Inc?
San Kiang Youth Scholarship Inc's revenue in 2023 was $29,550.
Who are the executives of San Kiang Youth Scholarship Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for San Kiang Youth Scholarship Inc?
San Kiang Youth Scholarship Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of San Kiang Youth Scholarship Inc
San Kiang Youth Scholarship, a nonprofit organization, is dedicated to providing financial aid to qualified students through its scholarship program. By operating as a scholarship provider, this organization aims to alleviate the financial burden faced by deserving students, thereby enabling them to pursue their higher education. The mission of San Kiang Youth Scholarship is to support the educational aspirations of students, thereby contributing to their personal growth and the betterment of society at large.
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Impact
August, 2024
San Kiang Youth Scholarship Inc's impact lies in its distribution of scholarships to qualified students in New York, NY. By offering student financial aid services through its scholarship program, the organization plays a crucial role in supporting students in pursuing their educational goals. This direct assistance helps alleviate the financial burden on students and enables them to focus on their studies and personal growth. Through their efforts, San Kiang Youth Scholarship Inc contributes to fostering a more educated and empowered youth population in the community.
This information is meant to be a general summary of San Kiang Youth Scholarship 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.
- Gross Receipts: $29,550
Assets and Liabilities:
- Total Assets: $267,161
- Total Liabilities: $0
- Net Assets: $267,161
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Organization Details
Founding Year
1996
Principal Officer
Rong Hua Lin
Main Address
25 Division Street APT 2/FL, New York, NY, 10002
NTEE Category
Code: B82 - Education
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