Overview
What is Mississippi Valley School Tuition Organization?
Mississippi Valley School Tuition Organization is a nonprofit organization situated in Davenport, Iowa, specifically at 1020 W Central Park Ave. The primary mission of this organization is to provide tuition grants to eligible Iowa residents who face financial barriers, allowing them to attend qualified non-public schools located in Scott County, Iowa. By doing so, the Mississippi Valley School Tuition Organization strives to ensure that children have access to quality education despite their financial circumstances.
Official website here: www.mvsto.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
Mississippi Valley School Tuition Organization has achieved a strong 88% rating on Charity Navigator, indicating solid performance primarily in the area of Accountability & Finance. This score reflects a commitment to transparency and effective financial management, showcasing an independent board and well-structured financial policies. The organization has demonstrated no material diversion of assets and maintains a high program expense ratio, suggesting that a significant majority of its funds are directed toward fulfilling its mission.
The organization benefits from a fully independent board, with all members meeting standards for independence, which is crucial for maintaining ethical oversight. Their financial practices are commendable, as evidenced by the absence of liabilities compared to assets and a well-documented approach to board meeting minutes. However, there are areas for improvement, such as lacking a whistleblower policy and a document retention and destruction policy, which could enhance their governance framework.
Overall, Mississippi Valley School Tuition Organization displays many strengths in accountability and financial health but could further bolster its governance by addressing the noted policy gaps. This rating serves as a positive indicator for potential donors looking for a reputable nonprofit to support.
This AI summary has been generated from information found on Charity Navigator.
Is Mississippi Valley School Tuition Organization legitimate?
Mississippi Valley School Tuition Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi Valley School Tuition Organization 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.mvsto.org
What is the mission statement of Mississippi Valley School Tuition Organization?
The Mississippi Valley School Tuition Organization's mission is centered around providing financial aid in the form of tuition grants. This is done for eligible Iowa resident students who attend qualified non-public schools in Scott County, Iowa. The organization's purpose is to help these students overcome financial barriers that would otherwise prevent them from attending these schools. The organization has been fulfilling its mission by granting tuition to eligible students, thereby enabling them to continue their education.
Official website here: www.mvsto.org
Who is the CEO of Mississippi Valley School Tuition Organization?
James Vonderhaar is the Principal Officer of Mississippi Valley School Tuition Organization.
Official website here: www.mvsto.org
What is the revenue of Mississippi Valley School Tuition Organization?
Mississippi Valley School Tuition Organization's revenue in 2022 was $1,422,477.
Official website here: www.mvsto.org
Who are the executives of Mississippi Valley School Tuition Organization and what are their salaries?
There 7 volunteers at Mississippi Valley School Tuition Organization.
Here are 7 key members and their salaries:
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Official website here: www.mvsto.org
Where can I find the form 990 for Mississippi Valley School Tuition Organization?
Mississippi Valley School Tuition Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mvsto.org
Learn more at the official website: www.mvsto.org
Mission Statement of Mississippi Valley School Tuition Organization
Mississippi Valley School Tuition Organization, a non-profit organization, is committed to providing tuition grants for eligible Iowa resident students who attend qualified non-public schools located in Scott County, Iowa. This organization serves a vital role in removing financial barriers that these students might encounter, enabling them to continue their education at these schools. In essence, Mississippi Valley School Tuition Organization bridges the financial gap, ensuring that students in need have access to quality education, thereby fostering their academic growth and personal development.
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Impact
October, 2024
The Mississippi Valley School Tuition Organization significantly enhances educational accessibility for eligible Iowa resident students by providing essential tuition grants. This support enables students in Scott County to attend qualified non-public schools, alleviating financial barriers that might otherwise hinder their educational opportunities. By facilitating access to a wider range of schooling options, the organization empowers families and enriches the educational landscape, ensuring that more students can pursue quality education tailored to their needs. Through its targeted grants, it plays a critical role in promoting educational equity and fostering a diverse learning environment within the community.
This information is meant to be a general summary of Mississippi Valley School Tuition Organization. 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: -$4,282
- Gross Receipts: $1,960,920
Assets and Liabilities:
- Total Assets: $1,439,693
- Total Liabilities: $0
- Net Assets: $1,439,693
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Organization Details
Founding Year
2006
Phone
(563) 326-5313Principal Officer
James Vonderhaar
Main Address
1020 W CENTRAL PARK AVE, DAVENPORT, IA, 52804
Website
www.mvsto.orgNTEE Category
Code: B82 - Education
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