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Live Oak County Area Go-Texan Inc

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

EIN: 261575518 ✦ George west, TX ✦ Designated as a 501(c)(3)

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Overview

What is Live Oak County Area Go-Texan Inc?

Live Oak County Area Go-Texan Inc is a nonprofit organization situated in George West, Texas. Their primary mission is to support the educational aspirations of Live Oak County students by offering scholarship programs. As a key focus area, they provide financial aid to help students pursue higher education within their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 47%, Zero-Star out of Four Star Rating

Live Oak County Area Go-Texan Inc has received a low rating of 47% from Charity Navigator, resulting in a Zero-Star rating. This score is solely based on their Accountability & Finance metrics, indicating significant concerns in these areas. The absence of independent board members and missing critical governance policies contribute heavily to their low score.

The organization demonstrates a strong program expense ratio of 67.45%, suggesting that a substantial portion of their funds is allocated directly to their programs. However, this positive aspect is overshadowed by the organization's lack of transparency and governance. Missing elements such as a conflict of interest policy and published board meeting minutes raise flags regarding their operational oversight.

Overall, while Live Oak County Area Go-Texan Inc shows commitment to its programming, the lack of independent oversight and governance policies is a significant limitation. Potential donors and stakeholders may want to consider these factors when evaluating the organization's effectiveness and reliability.


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

Is Live Oak County Area Go-Texan Inc legitimate?

Live Oak County Area Go-Texan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Live Oak County Area Go-Texan Inc submitted a form 990EZ, 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.

What is the mission statement of Live Oak County Area Go-Texan Inc?

Live Oak County Area Go-Texan Inc, as an organization, primarily focuses on providing scholarships to students residing in Live Oak County for their higher education pursuits. Its mission is centered around this key activity, with the primary objective of supporting local students in their academic endeavors. While the information does not provide details about any additional goals or objectives, it is clear that Live Oak County Area Go-Texan Inc is committed to aiding the educational growth of its community's youth.

Who is the CEO of Live Oak County Area Go-Texan Inc?

Harold Wallace Jr is the President of Live Oak County Area Go-Texan Inc.

What is the revenue of Live Oak County Area Go-Texan Inc?

Live Oak County Area Go-Texan Inc's revenue in 2022 was $137,936.

Who are the executives of Live Oak County Area Go-Texan Inc and what are their salaries?


Here are 4 key members and their salaries:


Harold Wallace Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Wallace (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scot Deason (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Sue Barnes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Live Oak County Area Go-Texan Inc?

Live Oak County Area Go-Texan Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Live Oak County Area Go-Texan Inc

Live Oak County Area Go-Texan Inc is a nonprofit organization that dedicates its efforts primarily towards awarding scholarships to students hailing from Live Oak County. With a strong focus on education, this organization serves as a beacon of hope for aspiring students seeking higher learning opportunities. By offering scholarship programs, Live Oak County Area Go-Texan Inc aims to empower young individuals, thereby contributing to the overall development of the community.

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Impact




October, 2024

Live Oak County Area Go-Texan Inc plays a significant role in enhancing educational opportunities for students in Live Oak County by offering scholarships specifically designed for higher education. Located in George West, TX, the organization's primary focus is to support local students' academic aspirations, helping them overcome financial barriers associated with pursuing further education. Through its scholarship programs, the organization not only fosters individual growth and development but also contributes to the overall educational advancement of the community, empowering students to achieve their goals and positively impact their future and that of their families. This commitment to education cultivates a more informed and skilled populace, ultimately benefiting the local economy and society as a whole.




This information is meant to be a general summary of Live Oak County Area Go-Texan 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
$137,936 (2022)
Expenses
$71,923 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $137,936

Assets and Liabilities:

  • Total Assets: $158,466
  • Total Liabilities: $0
  • Net Assets: $158,466

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Organization Details

Principal Officer

Harold Wallace Jr

Main Address

PO Box 276, George West, TX, 78022

NTEE Category

Code: B82 - Education

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