Overview
What is Idaho Governor's Cup Scholarship Fund Inc?
Idaho Governor's Cup Scholarship Fund Inc is a nonprofit organization based in Boise, Idaho. Their primary mission is to raise funds for scholarships to support eligible students attending public and private colleges, trade schools, and universities within the state. In the current year, they awarded $615,000 in scholarship funds. The organization collaborates with the succession of Idaho governors to conduct an annual Idaho Governor's Cup event, with the current governor serving as the host. They also seek other opportunities to fundraise for the scholarship fund in cooperation with the governor. The organization has a small team of two dedicated individuals.
Official website here: www.idahogovernorscup.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 4 stars (92%)
The Idaho Governor's Cup Scholarship Fund Inc has achieved a strong reputation, earning a Four-Star out of Four Star rating from Charity Navigator with an overall score of 92%. This high rating reflects the organization’s commitment to accountability and financial health, as well as its effective impact measurement practices. Notably, the charity boasts an impressive Impact & Measurement Score of 100, indicating that it excels in assessing the outcomes of its programs.
One of the key strengths highlighted in the data is the charity's ability to substantially increase the income of its scholarship recipients, generating more than $1.25 for every dollar spent. This strong program expense ratio of 83% demonstrates that a significant portion of its funds is directed towards fulfilling its mission, ensuring that resources are utilized effectively to support scholarship recipients.
Despite the overall positive assessment, the Accountability & Finance Score of 82 suggests there may be room for improvement in some financial practices. However, the organization’s track record of impact and transparency remains a significant asset, positioning it as a robust option for donors looking to support educational scholarships in Idaho.
This AI summary has been generated from information found on Charity Navigator.
Is Idaho Governor's Cup Scholarship Fund Inc legitimate?
Idaho Governor's Cup Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idaho Governor's Cup 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
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Other Salaries and Wages: $70,303
For more financial information, click here
Official website here: www.idahogovernorscup.com
What is the mission statement of Idaho Governor's Cup Scholarship Fund Inc?
The Idaho Governor's Cup Scholarship Fund Inc is dedicated to raising funds for scholarships, collaborating with the succession of Idaho governors. Their primary objective is to support Idaho students who wish to attend colleges, trade schools, and universities within the state. To accomplish this, they conduct an annual Idaho Governor's Cup event, with the current governor serving as the host. Additionally, they seek other opportunities to organize fundraising activities in cooperation with the governor, aiming to provide financial aid to eligible students enrolled in various educational institutions in Idaho. For the current year, the organization awarded a total of $615,000 in scholarship funds.
Official website here: www.idahogovernorscup.com
Who is the CEO of Idaho Governor's Cup Scholarship Fund Inc?
Mike Reynoldson is the President of Idaho Governor's Cup Scholarship Fund Inc.
Official website here: www.idahogovernorscup.com
What is the revenue of Idaho Governor's Cup Scholarship Fund Inc?
Idaho Governor's Cup Scholarship Fund Inc's revenue in 2022 was $480,500.
Official website here: www.idahogovernorscup.com
Who are the executives of Idaho Governor's Cup Scholarship Fund Inc and what are their salaries?
The average compensation at Idaho Governor's Cup Scholarship Fund Inc during 2022 was $35,152. There are 2 employees at Idaho Governor's Cup Scholarship Fund Inc.
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Official website here: www.idahogovernorscup.com
Where can I find the form 990 for Idaho Governor's Cup Scholarship Fund Inc?
Idaho Governor's Cup Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.idahogovernorscup.com
Learn more at the official website: www.idahogovernorscup.com
Mission Statement of Idaho Governor's Cup Scholarship Fund Inc
The Idaho Governor's Cup Scholarship Fund Inc is dedicated to raising funds for the education of Idaho students on a continuous and non-partisan basis. It collaborates with the succession of governors of Idaho to achieve this goal. The primary mission of this organization is to provide scholarships for eligible individuals who wish to attend colleges, trade schools, and universities within Idaho. The fundraiser annually hosts the Idaho Governor's Cup, with the current governor serving as the event's host. In addition, the organization seeks out other opportunities to support the scholarship fund in partnership with the governor. For the current year, the Idaho Governor's Cup Scholarship Fund Inc awarded a substantial sum of 615,000 dollars in scholarship funds to deserving students.
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Impact
July, 2024
The Idaho Governor's Cup Scholarship Fund Inc's impact can be seen through its mission to raise funds in cooperation with the ongoing succession of Idaho governors for scholarships for Idaho students to attend Idaho colleges, trade schools, and universities. Through their efforts, the organization provides scholarships to eligible individuals enrolled in Idaho public and private colleges, trade schools, and universities. In the current year, the organization awarded $615,000 in scholarship funds, helping support the education and future prospects of Idaho students.
This information is meant to be a general summary of Idaho Governor's Cup 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: $592
- Gross Receipts: $1,212,665
Assets and Liabilities:
- Total Assets: $1,486,254
- Total Liabilities: $1,356,421
- Net Assets: $129,833
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Organization Details
Founding Year
2007
Phone
(208) 855-9296Principal Officer
Mike Reynoldson
Main Address
P O BOX 7807, BOISE, ID, 837071807
Website
www.idahogovernorscup.comNTEE Category
Code: B82 - Education
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