Overview
What is Thaddeus Stevens Foundation?
The Thaddeus Stevens Foundation is a nonprofit organization situated in Lancaster, Pennsylvania. Its primary focus and mission are to support Thaddeus Stevens College of Technology. Through their efforts, they aim to strengthen and contribute to the educational institution's growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Thaddeus Stevens Foundation has achieved a Four-Star rating from Charity Navigator, reflecting strong accountability and finance practices. With a score of 92%, the foundation demonstrates a commitment to transparency and effective management of its resources. The foundation's high score is predominantly due to its exceptional accountability measures, including a fully independent board and a robust audit and oversight committee.
Key organizational strengths include a program expense ratio of 73.29%, indicating that a significant portion of its funds are directed towards its programs rather than administrative costs. Additionally, the foundation has a strong fundraising efficiency, raising $0.05 for every dollar spent on fundraising, which shows effective resource utilization. The absence of any material diversion of assets further reinforces its integrity.
Though the data does not highlight any specific limitations, the high scores in various categories suggest that the foundation operates with a strong framework in place for both governance and financial management. Overall, the Thaddeus Stevens Foundation appears to be a well-managed organization with a clear focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Thaddeus Stevens Foundation legitimate?
Thaddeus Stevens Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thaddeus Stevens Foundation 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: $98,379
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,515
For more financial information, click here
What is the mission statement of Thaddeus Stevens Foundation?
The Thaddeus Stevens Foundation, an organization not specified in terms of location, is dedicated to supporting the Thaddeus Stevens College of Technology. Their mission is centered around providing assistance and resources to this institution, aiming to foster its growth and success. The foundation's role is to contribute to the college's mission and objectives, ensuring it can continue to offer quality education and opportunities to its students. While the focus is primarily on supporting the college, the foundation may also engage in activities that align with the college's goals and values.
Who is the CEO of Thaddeus Stevens Foundation?
Sophia Hower is the Chairman of Thaddeus Stevens Foundation.
What is the revenue of Thaddeus Stevens Foundation?
Thaddeus Stevens Foundation's revenue in 2023 was $3,724,081.
Who are the executives of Thaddeus Stevens Foundation and what are their salaries?
The average compensation at Thaddeus Stevens Foundation during 2023 was $69,947. There are 2 employees and 40 volunteers at Thaddeus Stevens Foundation.
Here are 12 key members and their salaries:
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- Compensation: $96,983
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- Other: $1,396
Where can I find the form 990 for Thaddeus Stevens Foundation?
Thaddeus Stevens Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Thaddeus Stevens Foundation
The Thaddeus Stevens Foundation is committed to supporting the Thaddeus Stevens College of Technology. This mission-driven organization is dedicated to fostering the growth and success of this university, ensuring it continues to provide quality education and opportunities to its students. By supporting the college, the Thaddeus Stevens Foundation plays a crucial role in shaping the future of its students and contributing to the wider community.
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Impact
October, 2024
The Thaddeus Stevens Foundation plays a vital role in enhancing educational opportunities at Thaddeus Stevens College of Technology in Lancaster, PA. By providing essential support, the Foundation helps to foster a learning environment that empowers students to gain valuable technical skills and prepare for successful careers. Its commitment to education directly influences the quality of training and resources available, ensuring students receive the guidance and tools necessary to excel in their chosen fields. Through its efforts, the Foundation not only promotes academic achievement but also contributes to workforce development and economic growth in the region.
This information is meant to be a general summary of Thaddeus Stevens Foundation. 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.
- Investment Income: $44,347
- Gross Receipts: $5,144,110
Assets and Liabilities:
- Total Assets: $9,793,032
- Total Liabilities: $211,050
- Net Assets: $9,581,982
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Organization Details
Founding Year
1985
Phone
(717) 295-9666Principal Officer
Sophia Hower
Main Address
740 EAST END AVENUE, LANCASTER, PA, 17602
NTEE Category
Code: B84 - Education
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