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Compadres For Scholarships

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205301344 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Compadres For Scholarships?

Compadres for Scholarships is a nonprofit organization situated in San Antonio, Texas, primarily focused on supporting the academic pursuits and wellbeing of children and families within the Edgewood School District. Through their initiatives, they offer scholarships and program assistance to Edgewood ISD and provide community aid. This encompasses various services such as educational grants, program support, and essential community assistance.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating

Compadres For Scholarships has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 94%. This rating is significant as it showcases the organization's commitment to transparency and effective financial management. The rating is solely based on the accountability and finance beacon, indicating that the organization excels in these areas.

The organization demonstrates a robust governance structure, with 100% of its board members being independent, which contributes to its high scores across various metrics. Notably, there have been no material diversions of assets, and it has well-established policies regarding conflict of interest, whistleblower protocols, and document retention. These factors underline its commitment to ethical practices and sound management.

Additionally, Compadres For Scholarships has a remarkable program expense ratio of 97.71%, indicating that the majority of its expenses are directed towards its programs rather than administrative overhead. This efficiency suggests that the organization is effectively utilizing its resources to fulfill its mission, although further information on program outcomes could provide a fuller picture of its impact.


This AI summary has been generated from information found on Charity Navigator.

Is Compadres For Scholarships legitimate?

Compadres For Scholarships is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compadres For Scholarships 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 Compadres For Scholarships?

Compadres For Scholarships is an organization dedicated to providing scholarships and community assistance for the children and families within the Edgewood School District in San Antonio, Texas. Their mission is centered around offering educational financial aid and community support services. They extend their aid to the district's school system through scholarship programs and provide additional assistance to the district's families. Their activities encompass both providing scholarships and offering program support to Edgewood ISD, as well as offering various forms of community assistance.

Who is the CEO of Compadres For Scholarships?

Raul Martinez is the Vice Preside of Compadres For Scholarships.

What is the revenue of Compadres For Scholarships?

Compadres For Scholarships's revenue in 2023 was $73,617.

Who are the executives of Compadres For Scholarships and what are their salaries?


Here are 4 key members and their salaries:


Ruben Davila (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Martinez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raul Martinez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Mary Martinez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Compadres For Scholarships?

Compadres For Scholarships's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Compadres For Scholarships

Compadres for Scholarships, a nonprofit organization, is committed to providing scholarships and community assistance for the children and families within the Edgewood School District in San Antonio, Texas. Their mission is multifaceted, encompassing the provision of financial aid through scholarships and offering support to the families within the district. Additionally, Compadres for Scholarships extends its assistance to Edgewood ISD itself, providing program support to further enhance the educational opportunities for the district's students. By offering these resources, the organization aims to uplift and empower the children and families within the Edgewood School District, ultimately contributing to their overall success and well-being.

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Impact




August, 2024

Compadres For Scholarships has made a significant impact by providing scholarships and community assistance for the children and families of the Edgewood School District in San Antonio, TX. Through its programs, it has supported educational opportunities for the students of Edgewood ISD and extended a helping hand to the community at large. This organization's efforts have contributed to enhancing access to education and fostering a supportive environment for the residents of the Edgewood School District.




This information is meant to be a general summary of Compadres For Scholarships. 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.

Revenue
$73,617 (2023)
Expenses
$90,836 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $4,538
  • Gross Receipts: $1,578,635

Assets and Liabilities:

  • Total Assets: $41,267
  • Total Liabilities: $0
  • Net Assets: $41,267

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EVENT INCOME

Revenue

$4,538

Organization Details

Founding Year

2006

Principal Officer

Raul Martinez

Main Address

22822 MALABAR PEAK, SAN ANTONIO, TX, 78261

NTEE Category

Code: B82 - Education

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