Kansas Scottish Rite Foundation Inc

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

EIN: 237378233 ✦ Wichita, KS ✦ Designated as a 501(c)(3)

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Overview

What is Kansas Scottish Rite Foundation Inc?

Kansas Scottish Rite Foundation Inc is a nonprofit organization situated in Wichita, Kansas, with a specific focus on education. They are committed to providing financial aid and contributions to educational institutions and speech, language, and hearing clinics within the state. Acting as a selection committee, they evaluate applications based on the applicant's financial needs and academic pursuits. Their mission is to support these educational institutions and clinics in Kansas, contributing to the overall improvement of educational opportunities and resources in the field of speech and language therapy.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Star rating)

The Kansas Scottish Rite Foundation Inc has received an overall score of 87%, which indicates a strong commitment to accountability and finance. The organization excels in several key areas, including having a majority independent board with 83% independent members and a perfect score for independent board size. The lack of material diversion of assets and a comprehensive conflict of interest policy further enhance its financial integrity.

Strengths highlighted in the evaluation include a high program expense ratio of 89.27%, reflecting a significant portion of expenditures directed towards its charitable programs. Additionally, the foundation has demonstrated effective governance practices through proper documentation of board meeting minutes and a clear policy for document retention and destruction. These factors contribute to the foundation's reliability and transparency in operations.

While the charity's performance is commendable, it is primarily rated on a single beacon score focused on accountability and finance. Therefore, potential donors and stakeholders should consider additional factors, such as program impact and community engagement, to gain a full picture of the organization's effectiveness.


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

Is Kansas Scottish Rite Foundation Inc legitimate?

Kansas Scottish Rite Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kansas Scottish Rite 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Kansas Scottish Rite Foundation Inc?

The Kansas Scottish Rite Foundation Inc has a mission to provide educational grants and contributions primarily to speech, language, and hearing clinics within the state. This organization supports academic pursuits and financial needs of eligible applicants by serving as the selection committee. Their contributions aim to enhance the capabilities and resources of these clinics, thereby contributing to improved communication and hearing health for individuals in need.

Who is the CEO of Kansas Scottish Rite Foundation Inc?

Tony Nelzen is the Secretary of Kansas Scottish Rite Foundation Inc.

What is the revenue of Kansas Scottish Rite Foundation Inc?

Kansas Scottish Rite Foundation Inc's revenue in 2023 was $46,296.

Who are the executives of Kansas Scottish Rite Foundation Inc and what are their salaries?

There 20 volunteers at Kansas Scottish Rite Foundation Inc.


Here are 4 key members and their salaries:


Tony Nelzen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Rensner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kinzie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie L Van Etten (Personal Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kansas Scottish Rite Foundation Inc?

Kansas Scottish Rite Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Kansas Scottish Rite Foundation Inc

The Kansas Scottish Rite Foundation Inc is committed to providing educational grants and contributions to speech, language, and hearing clinics within its sphere of influence. This mission is carried out through the provision of financial aid to eligible institutions and individuals. The organization serves as the selection committee, basing its decisions on the financial needs of the applicants and their academic pursuits. Two notable recipients of these grants are Pittsburgh State University in Pittsburgh, Kansas, and the KU Endowment Association in Lawrence, Kansas. The Kansas Scottish Rite Foundation Inc plays a significant role in supporting the development and delivery of speech, language, and hearing services, thereby contributing to the overall well-being of the communities it serves.

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Impact




August, 2024

The Kansas Scottish Rite Foundation Inc provides important educational grants and contributions to speech, language, and hearing clinics in Kansas. Their support extends to institutions such as Pittsburgh State University and the KU Endowment Association, helping students in need pursue their academic goals in these areas. By focusing on financial need and academic pursuits, the foundation plays a crucial role in supporting the development of speech, language, and hearing education in Kansas.




This information is meant to be a general summary of Kansas Scottish Rite 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.

Revenue
$46,296 (2023)
Expenses
$91,278 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $37,102
  • Gross Receipts: $667,061

Assets and Liabilities:

  • Total Assets: $2,224,563
  • Total Liabilities: $0
  • Net Assets: $2,224,563

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Organization Details

Founding Year

1974

Principal Officer

Tony Nelzen

Main Address

332 E First, Wichita, KS, 672022402

NTEE Category

Code: Y41Z - Mutual benefit

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