Overview
What is Montclair State Univ Student Gov'T Scholarship Fund?
Montclair State Univ Student Gov'T Scholarship Fund is a charitable organization situated in Upper Montclair, New Jersey. Their primary mission is to grant scholarships to deserving students at Montclair State University, following specific, benevolent criteria. They provide financial aid to help students pursue their education, contributing to their academic growth and success. The fund's activities are centered around awarding scholarships, ensuring that deserving individuals can access higher education opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two Stars (60%)
The Montclair State University Student Government Scholarship Fund has received a Two-Star out of Four Star rating from Charity Navigator, indicating some concerns regarding its accountability and finance metrics. The overall score is primarily derived from its accountability and finance score of 60%, suggesting that while there are strengths, there are also significant areas in need of improvement.
One notable strength is the organization’s program expense ratio, which stands at 85.75%, indicating a high percentage of funds directed towards its programs rather than administrative costs. Additionally, the fund has demonstrated responsible asset management, with a liabilities-to-assets ratio of 16.14%. However, the organization faces challenges, particularly in governance, as it lacks independent board members and has several missing policies, such as a whistleblower policy and a document retention policy, which can raise questions about its overall transparency and accountability.
Users and potential donors might find it essential to consider these governance issues when evaluating the impact and reliability of the fund. The absence of critical information on the organization's website, such as the tax form and board meeting minutes, could hinder transparency and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Montclair State Univ Student Gov'T Scholarship Fund legitimate?
Montclair State Univ Student Gov'T Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montclair State Univ Student Gov'T Scholarship Fund 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 Montclair State Univ Student Gov'T Scholarship Fund?
The Montclair State University Student Government Scholarship Fund's mission is to provide financial aid to deserving students of Montclair State University, based on predefined and well-intentioned criteria. This fund aims to support the educational aspirations of students who meet its specific criteria. Over the years, the scholarship fund has granted numerous scholarships to the selected students of Montclair State University, in accordance with its mission. The purpose of these scholarships is to help alleviate the financial burden of education for these students, thereby enabling them to focus on their academic pursuits.
Who is the CEO of Montclair State Univ Student Gov'T Scholarship Fund?
Karla A Farfan-Miguel is the President of Montclair State Univ Student Gov'T Scholarship Fund.
What is the revenue of Montclair State Univ Student Gov'T Scholarship Fund?
Montclair State Univ Student Gov'T Scholarship Fund's revenue in 2022 was $7,924.
Who are the executives of Montclair State Univ Student Gov'T Scholarship Fund and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Montclair State Univ Student Gov'T Scholarship Fund?
Montclair State Univ Student Gov'T Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Montclair State Univ Student Gov'T Scholarship Fund
Montclair State University's Student Government Scholarship Fund is dedicated to providing financial aid to its students, basing the scholarships on predefined and well-meaning criteria. The primary mission of this fund is to support the academic pursuits of deserving students at Montclair State University, ensuring that financial constraints do not hinder their educational journey. The scholarship fund has consistently awarded scholarships to qualified students, aligning with its goal to make higher education more accessible.
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Impact
October, 2024
The Montclair State University Student Government Scholarship Fund significantly impacts the lives of students by providing essential financial support to enable their educational pursuits. By offering scholarships based on well-defined criteria, the fund ensures that deserving students can access the resources they need to succeed academically. This financial assistance not only alleviates the burden of tuition and educational expenses but also fosters a supportive environment that encourages academic achievement and personal growth. By empowering students through scholarships, the fund plays a crucial role in enhancing access to higher education at Montclair State University, ultimately contributing to the overall development of a well-educated community.
This information is meant to be a general summary of Montclair State Univ Student Gov'T Scholarship Fund. 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: $7,924
- Gross Receipts: $54,700
Assets and Liabilities:
- Total Assets: $141,206
- Total Liabilities: $20,000
- Net Assets: $121,206
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Organization Details
Founding Year
1994
Phone
(973) 655-4202Principal Officer
Karla A Farfan-Miguel
Main Address
STUDENT GOVT ASSOC MONTCLAIR STATE, UPPER MONTCLAIR, NJ, 07043
NTEE Category
Code: B82 - Education
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