Overview
What is The Chad School Foundation Inc?
The Chad School Foundation Inc, based in Newark, New Jersey, is a nonprofit organization with a mission to expand educational opportunities for students residing in the greater Newark metropolitan area. They achieve this by supporting promising initiatives to establish high-quality schools and increase college access. The foundation provides scholarships to college-bound high school seniors within this region, furthering their educational journeys. With a team of three dedicated individuals, The Chad School Foundation Inc is committed to fostering an environment that nurtures academic growth and broadens opportunities for the youth in their community.
Official website here: www.chadschoolfoundation.org
Is The Chad School Foundation Inc legitimate?
The Chad School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Chad School 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: $209,280
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,200
For more financial information, click here
Official website here: www.chadschoolfoundation.org
What is the mission statement of The Chad School Foundation Inc?
The Chad School Foundation Inc's mission is to offer educational opportunities for students in various parts of the community. They achieve this by supporting promising initiatives aimed at establishing high-quality schools and expanding college access. The organization is committed to advocating for these efforts, aiming to provide a solid educational foundation for students in the area. The Chad Scholars Program, a part of their activities, grants scholarships to college-bound high school seniors from the Greater Newark metropolitan area.
Official website here: www.chadschoolfoundation.org
What is the revenue of The Chad School Foundation Inc?
The Chad School Foundation Inc's revenue in 2023 was $753,168.
Official website here: www.chadschoolfoundation.org
Who are the executives of The Chad School Foundation Inc and what are their salaries?
The average compensation at The Chad School Foundation Inc during 2023 was $39,080. There are 6 employees at The Chad School Foundation Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $209,280
- Related: $0
- Other: $0
Official website here: www.chadschoolfoundation.org
Where can I find the form 990 for The Chad School Foundation Inc?
The Chad School Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chadschoolfoundation.org
Learn more at the official website: www.chadschoolfoundation.org
Mission Statement of The Chad School Foundation Inc
The Chad School Foundation Inc is committed to providing educational opportunities for students residing in the greater Newark area. To achieve this mission, the organization champions promising efforts to establish high-quality schools and expand college access. By doing so, The Chad School Foundation Inc aims to empower students in the region, offering them a solid educational foundation that can lead to higher education opportunities.
The foundation's primary program is the Chad Scholars program, which provides scholarships to college-bound high school seniors in the greater Newark metropolitan area. This initiative enables deserving students to pursue their academic dreams and secure a brighter future, ultimately contributing to a more educated and prosperous community. By focusing on education and college access, The Chad School Foundation Inc plays a crucial role in fostering the personal and professional growth of young individuals, setting them on a path towards success.
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Impact
October, 2024
The Chad School Foundation Inc significantly impacts students in the Greater Newark area by enhancing educational opportunities and expanding access to higher education. Through initiatives like the Chad Scholars Program, the foundation provides scholarships to college-bound high school seniors, empowering them to pursue their academic goals and aspirations. By championing efforts to create high-quality schools, the foundation plays a crucial role in elevating educational standards and fostering a brighter future for the community's youth. This commitment not only supports individual students but also strengthens the overall educational landscape, ensuring that more young people have the tools they need to succeed in college and beyond.
This information is meant to be a general summary of The Chad School 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 2023.
- Gross Receipts: $753,168
Assets and Liabilities:
- Total Assets: $6,841,360
- Total Liabilities: $1,975,925
- Net Assets: $4,865,435
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Organization Details
Founding Year
1991
Principal Officer
Eric Stevenson
Website
www.chadschoolfoundation.orgNTEE Category
Code: B11 - Education
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