Overview
What is New York Press Association Scholarship Foundation Inc?
New York Press Association Scholarship Foundation Inc is a nonprofit organization situated in Cohoes, New York. Their primary mission is to uphold the highest standards of journalistic excellence by funding summer internships for journalism students at newspapers and sponsoring programs during conventions. The foundation aims to support individuals and institutions in their endeavors to promote journalistic excellence, thereby fostering a robust media landscape.
Official website here: www.newyorkpressassociation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
The New York Press Association Scholarship Foundation Inc has received a 75% rating from Charity Navigator, indicating a solid performance in accountability and finance. The score reflects a strong emphasis on financial responsibility, with a perfect program expense ratio of 95.51%, showcasing a commitment to allocating funds towards their mission effectively. Additionally, the organization maintains a fully independent board, which is a positive indicator of governance.
Strengths of the organization include high scores in governance practices, such as having a conflict of interest policy and a whistleblower policy, both of which received full marks. The organization also documents board meeting minutes, demonstrating transparency in its operations. However, the liability to assets ratio of 87.51% may raise some concerns about financial stability, as it suggests that the organization has a significant amount of liabilities in relation to its assets.
Overall, while the New York Press Association Scholarship Foundation Inc shows commendable accountability and a strong commitment to its mission, potential donors should consider the financial ratios alongside the organization’s efforts in governance and transparency to make informed decisions.
This AI summary has been generated from information found on Charity Navigator.
Is New York Press Association Scholarship Foundation Inc legitimate?
New York Press Association Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Press Association Scholarship Foundation 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
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Official website here: www.newyorkpressassociation.com
What is the mission statement of New York Press Association Scholarship Foundation Inc?
The New York Press Association Scholarship Foundation Inc's mission is to support individuals and institutions in their pursuit of maintaining the highest standards of journalistic excellence. This is accomplished through various means, such as offering paid summer internships to journalism students at newspapers and providing financial aid for programs at conventions. The primary goal is to foster a culture of quality journalism and equip future generations of journalists with the necessary skills and experiences.
Official website here: www.newyorkpressassociation.com
Who is the CEO of New York Press Association Scholarship Foundation Inc?
Michelle Rea is the Secretary of New York Press Association Scholarship Foundation Inc.
Official website here: www.newyorkpressassociation.com
What is the revenue of New York Press Association Scholarship Foundation Inc?
New York Press Association Scholarship Foundation Inc's revenue in 2022 was $14,626.
Official website here: www.newyorkpressassociation.com
Who are the executives of New York Press Association Scholarship Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $201,494
- Other: $14,723
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newyorkpressassociation.com
Where can I find the form 990 for New York Press Association Scholarship Foundation Inc?
New York Press Association Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newyorkpressassociation.com
Learn more at the official website: www.newyorkpressassociation.com
Mission Statement of New York Press Association Scholarship Foundation Inc
The New York Press Association Scholarship Foundation Inc is committed to upholding the highest standards of journalistic excellence. To achieve this, the organization provides support to both individuals and institutions. By doing so, it aims to foster an environment where journalistic integrity and skill are nurtured and celebrated. This is accomplished through various means, such as offering paid summer internships to journalism students at newspapers and providing financial assistance for programs at conventions. In this way, the New York Press Association Scholarship Foundation Inc plays a crucial role in fostering the next generation of talented journalists and upholding the values of journalistic excellence.
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Impact
August, 2024
The New York Press Association Scholarship Foundation Inc's impact lies in its mission to support individuals and institutions in upholding the highest standards of journalistic excellence. Through paid summer internships at newspapers for journalism students and financial assistance for programs at conventions, the foundation plays a crucial role in nurturing the next generation of journalists. By providing opportunities for learning and growth in the field of journalism, the foundation contributes to the advancement of media professionalism and quality reporting.
This information is meant to be a general summary of New York Press Association 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 2022.
- Investment Income: $12,996
- Gross Receipts: $170,862
Assets and Liabilities:
- Total Assets: $151,307
- Total Liabilities: $102,567
- Net Assets: $48,740
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Organization Details
Founding Year
1964
Phone
(518) 464-6483Principal Officer
Michelle Rea
Main Address
621 COLUMBIA ST EXT 100, COHOES, NY, 12047
NTEE Category
Code: B82 - Education
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