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Coal Township Hs Alumni Assoc Scholarship Fund

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

EIN: 246018052 ✦ Coal township, PA ✦ Designated as a 501(c)(3)

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Overview

What is Coal Township Hs Alumni Assoc Scholarship Fund?

The Coal Township HS Alumni Assoc Scholarship Fund is a nonprofit organization situated in Coal Township, Pennsylvania. Their primary objective is to provide financial assistance to deserving students, enabling them to further their education at the post-secondary level. The organization conducts an annual test, overseen by the faculty of Shamokin Area high School, to determine the scholarship recipients. The awards are given to students with the highest test scores, demonstrating their commitment to academic excellence. The Scholarship Fund operates from the address 1148 W State Street in Coal Township, PA.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (73%) - Needs Improvement

The Coal Township Hs Alumni Assoc Scholarship Fund has received a Two-Star rating from Charity Navigator, indicating that there are areas requiring improvement. The charity boasts a solid score of 73% in accountability and finance, reflecting good governance practices, including a fully independent board and no material diversion of assets.

Strengths of the organization include a strong program expense ratio of nearly 80%, suggesting that a significant portion of its resources is dedicated to its programs rather than administrative costs. The organization also documents its board meeting minutes, which is a positive indicator of transparency. However, the overall rating suggests that there may be concerns or limitations that the organization must address to enhance its overall effectiveness and public trust.


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

Is Coal Township Hs Alumni Assoc Scholarship Fund legitimate?

Coal Township Hs Alumni Assoc Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coal Township Hs Alumni Assoc 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 Coal Township Hs Alumni Assoc Scholarship Fund?

The Coal Township HS Alumni Assoc Scholarship Fund's primary mission is to provide annual scholarships to deserving students. These scholarships enable students to pursue higher education. The selection process for these scholarships is based on the students' performance in an annual test, which is conducted and managed by the faculty of Shamokin Area High School. The scholarships are awarded to students who achieve the highest test scores. In essence, the fund aims to support the educational aspirations of deserving students by offering financial assistance.

Who is the CEO of Coal Township Hs Alumni Assoc Scholarship Fund?

Sam Weaver is the Director of Coal Township Hs Alumni Assoc Scholarship Fund.

What is the revenue of Coal Township Hs Alumni Assoc Scholarship Fund?

Coal Township Hs Alumni Assoc Scholarship Fund's revenue in 2022 was -$48,289.

Who are the executives of Coal Township Hs Alumni Assoc Scholarship Fund and what are their salaries?


Here are 4 key members and their salaries:


Linda Dimmick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Criniti (Historian)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Weaver (Pres.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Kerstetter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Coal Township Hs Alumni Assoc Scholarship Fund?

Coal Township Hs Alumni Assoc Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Coal Township Hs Alumni Assoc Scholarship Fund

The Coal Township HS Alumni Assoc Scholarship Fund, in its mission, annually awards scholarships to deserving students to further their post-secondary education. This nonprofit organization achieves this by conducting an annual test, which is administered by the faculty of Shamokin Area High School. The scholarships are merit-based, with the students being selected based on their highest test scores. The Coal Township HS Alumni Assoc Scholarship Fund's mission is to support and invest in the future of young individuals, providing them with the financial means to pursue higher education and shape their futures.

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Impact




October, 2024

The Coal Township HS Alumni Assoc Scholarship Fund significantly impacts the local community by providing financial support to deserving students pursuing post-secondary education. By awarding annual scholarships based on academic performance, the fund incentivizes academic excellence and motivates students to achieve their highest potential.

An annual test, administered by the faculty of Shamokin Area High School, ensures that the most deserving candidates are recognized and rewarded. This program not only helps alleviate the financial burden of higher education for students and their families but also fosters a culture of learning and ambition within the community. The scholarships symbolize a commitment to education, encouraging recipients to further their studies and contribute positively to society. Overall, the scholarship fund plays a vital role in shaping the futures of young individuals and enhancing the educational landscape in Coal Township.




This information is meant to be a general summary of Coal Township Hs Alumni Assoc 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.

Revenue
-$48,289 (2022)
Expenses
$113,152 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$52,189
  • Gross Receipts: $1,382,474

Assets and Liabilities:

  • Total Assets: $2,010,537
  • Total Liabilities: $0
  • Net Assets: $2,010,537

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Organization Details

Founding Year

1968

Principal Officer

Sam Weaver

Main Address

1148 W STATE STREET, COAL TOWNSHIP, PA, 17866

NTEE Category

Code: B82 - Education

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