Community Scholarship Fund Of Pleasantville Ny

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

EIN: 237347275 ✦ Pleasantville, NY ✦ Designated as a 501(c)(3)

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Overview

What is Community Scholarship Fund Of Pleasantville Ny?

The Community Scholarship Fund of Pleasantville, New York, is an all-volunteer nonprofit organization situated at PO Box 153, Pleasantville. Their primary mission is to support high school seniors from Pleasantville by awarding scholarships annually. These scholarships are merit-based, considering both the students' academic achievements and financial needs, enabling them to pursue further education at universities, colleges, or trade schools. The organization, which operates with a focus on community involvement, raises funds to make these scholarships possible.


Official website here: www.pleasantvillecommunityscholarshipfund.co

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

The Community Scholarship Fund of Pleasantville, NY, has received a Three-Star rating from Charity Navigator, reflecting an overall score of 86%. This score is derived entirely from its accountability and finance metrics, indicating a strong emphasis on these factors within the organization. The organization boasts a fully independent board, which is a positive indicator of governance and oversight.

Strengths include a high program expense ratio of 82.29%, suggesting that the majority of funds are directed towards its mission rather than administrative costs. Additionally, the organization has demonstrated a solid commitment to financial integrity, as evidenced by its low liabilities to assets ratio of 4.13% and the absence of any material diversion of assets. Furthermore, key governance documents, such as meeting minutes and tax forms, are accessible on their website, enhancing transparency.

However, the organization has some areas that require improvement. Notably, it lacks both a whistleblower policy and a document retention and destruction policy, which may raise concerns about internal controls and accountability. Addressing these gaps could further strengthen the organization's governance framework and potentially improve its rating in the future.


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

Is Community Scholarship Fund Of Pleasantville Ny legitimate?

Community Scholarship Fund Of Pleasantville Ny is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Scholarship Fund Of Pleasantville Ny 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


Official website here: www.pleasantvillecommunityscholarshipfund.co

What is the mission statement of Community Scholarship Fund Of Pleasantville Ny?

The Community Scholarship Fund, an all-volunteer organization, is committed to raising funds and providing annual scholarship awards to high school seniors demonstrating both financial need and academic achievement. This non-profit organization's mission is to assist these promising students in pursuing their higher education at universities, colleges, or trade schools. The Scholarship Fund serves as a vital resource in supporting the educational aspirations of deserving young individuals, thereby contributing to their future success.


Official website here: www.pleasantvillecommunityscholarshipfund.co

Who is the CEO of Community Scholarship Fund Of Pleasantville Ny?

Susan Mccarthy is the Co-President of Community Scholarship Fund Of Pleasantville Ny.


Official website here: www.pleasantvillecommunityscholarshipfund.co

What is the revenue of Community Scholarship Fund Of Pleasantville Ny?

Community Scholarship Fund Of Pleasantville Ny's revenue in 2023 was $31,910.


Official website here: www.pleasantvillecommunityscholarshipfund.co

Who are the executives of Community Scholarship Fund Of Pleasantville Ny and what are their salaries?

There 13 volunteers at Community Scholarship Fund Of Pleasantville Ny.


Here are 3 key members and their salaries:


Linda Dillon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Hogan (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Mccarthy (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pleasantvillecommunityscholarshipfund.co

Where can I find the form 990 for Community Scholarship Fund Of Pleasantville Ny?

Community Scholarship Fund Of Pleasantville Ny's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.pleasantvillecommunityscholarshipfund.co

Learn more at the official website: www.pleasantvillecommunityscholarshipfund.co

Mission Statement of Community Scholarship Fund Of Pleasantville Ny

The Community Scholarship Fund of Pleasantville NY, an all-volunteer organization, dedicates its efforts towards raising funds and granting annual scholarship awards to high school seniors in Pleasantville, New York. This nonprofit's mission is centered around recognizing and supporting academically accomplished students who demonstrate a significant financial need, enabling them to continue their education at universities, colleges, or trade schools. By providing these scholarships, the Community Scholarship Fund of Pleasantville NY plays a crucial role in empowering young individuals to pursue their educational goals and potentially pave the way for a brighter future.

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Impact




August, 2024

The impact of the Community Scholarship Fund of Pleasantville NY is evident through its annual provision of scholarships to high school seniors in Pleasantville. By awarding scholarships based on financial need and academic achievement, the organization supports students in pursuing higher education at universities, colleges, or trade schools. In the past year, eighteen scholarships were awarded, enabling eighteen students to further their education and reach their full potential. This direct support has a lasting impact on these individuals and the community as a whole, fostering a culture of academic success and opportunity.




This information is meant to be a general summary of Community Scholarship Fund Of Pleasantville Ny. 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
$31,910 (2023)
Expenses
$26,685 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $11,607
  • Gross Receipts: $31,910

Assets and Liabilities:

  • Total Assets: $580,439
  • Total Liabilities: $24,000
  • Net Assets: $556,439

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Organization Details

Founding Year

1977

Principal Officer

Susan Mccarthy

Main Address

PO Box 153, Pleasantville, NY, 10570

NTEE Category

Code: B82 - Education

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