Overview
What is Houston Hispanic Scholarship Fund?
The Houston Hispanic Scholarship Fund, based at PO Box 8728, The Woodlands, Texas 77387, is a recently established nonprofit organization with a mission to support Hispanic individuals in their academic pursuits. Their primary goal is to provide financial aid through college scholarships, aiming to boost their educational attainment and professional development. Despite being newly formed, the organization has yet to make significant programmatic achievements in the recent fiscal year.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
The Houston Hispanic Scholarship Fund has received an 87% score, reflecting strong performance in Accountability and Finance. This rating indicates a well-managed organization that effectively utilizes its resources. The organization boasts a fully independent board with no material diversion of assets, showcasing its commitment to transparency and governance.
Strengths include a perfect score for program expenses, with 99.85% of its funds allocated to program activities, which speaks to its focus on delivering educational support to the Hispanic community. The charity also demonstrates robust policies, including conflict of interest and document retention practices, which further enhance its credibility and accountability.
While the overall score is positive, the organization could benefit from diversifying its funding sources to mitigate any potential financial risks. Nevertheless, the Houston Hispanic Scholarship Fund exemplifies responsible financial stewardship and a dedication to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Houston Hispanic Scholarship Fund legitimate?
Houston Hispanic Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Hispanic 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
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What is the mission statement of Houston Hispanic Scholarship Fund?
The Houston Hispanic Scholarship Fund's mission is centered around providing financial aid in the form of scholarships to Hispanic individuals. This initiative aims to support these individuals in furthering their education and professional development. Since its inception, the organization has not yet achieved significant program service accomplishments in the recent fiscal year, as mentioned in the provided information.
Who is the CEO of Houston Hispanic Scholarship Fund?
John Talamas is the Secretary An of Houston Hispanic Scholarship Fund.
What is the revenue of Houston Hispanic Scholarship Fund?
Houston Hispanic Scholarship Fund's revenue in 2022 was $475.
Who are the executives of Houston Hispanic Scholarship Fund and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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Where can I find the form 990 for Houston Hispanic Scholarship Fund?
Houston Hispanic Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Houston Hispanic Scholarship Fund
The Houston Hispanic Scholarship Fund, an organization dedicated to its mission, aims to provide college scholarships to Hispanic individuals. This initiative is designed to fostering their educational advancement and professional development. By offering scholarships, the fund seeks to empower these individuals, enabling them to further their education and ultimately, enhance their professional careers. Despite being a relatively new organization, the Houston Hispanic Scholarship Fund has yet to achieve any major program service accomplishments in the recent fiscal year, as mentioned in the provided information.
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Impact
October, 2024
The Houston Hispanic Scholarship Fund plays a vital role in promoting educational advancement among Hispanic individuals by providing college scholarships. This initiative not only alleviates financial barriers for students but also empowers them to pursue higher education and personal development. By investing in the educational journeys of these individuals, the fund fosters professionalism and prepares them for successful careers. Although the organization is newly established and has yet to realize major program accomplishments, its mission underscores a commitment to creating pathways for academic achievement within the Hispanic community, setting the stage for future impact and growth. As it evolves, the fund is poised to make significant contributions to the educational landscape in The Woodlands, Texas, and beyond.
This information is meant to be a general summary of Houston Hispanic 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.
- Gross Receipts: $475
Assets and Liabilities:
- Total Assets: $2,708
- Total Liabilities: $0
- Net Assets: $2,708
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Organization Details
Founding Year
2007
Phone
(281) 615-4269Principal Officer
John Talamas
Main Address
PO BOX 8728, THE WOODLANDS, TX, 77387
NTEE Category
Code: B82 - Education
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