Overview
What is Tsys Future Scholars Foundations Inc?
Tsys Future Scholars Foundations Inc, based in Columbus, Georgia, is a nonprofit organization that focuses on providing scholarships to the dependents of employees working for Total System Services, Inc., a U.S. based company. The organization's mission is to support the educational aspirations of these dependents by offering financial aid. They aim to help alleviate the financial burden associated with higher education, thereby enabling these dependents to pursue their academic goals and secure a better future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating. This rating reflects a good level of accountability and finance management within Tsys Future Scholars Foundations Inc. The organization has demonstrated a strong commitment to maintaining an independent board, with all 17 members being independent, and has no reported material diversion of assets, which contributes positively to its overall score.
The charity has achieved an impressive program expense ratio of 93.29%, indicating that a significant portion of its funds is directed towards its programs and services. Additionally, the organization has a solid conflict of interest policy in place, which is important for maintaining transparency. The liabilities to assets ratio stands at 0.00%, showcasing strong financial health and stability.
While the organization has a favorable rating, the overall score is calculated solely from the accountability and finance beacon, suggesting that other performance metrics are not considered in this evaluation. This may limit a more comprehensive understanding of the organization's impact and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Tsys Future Scholars Foundations Inc legitimate?
Tsys Future Scholars Foundations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tsys Future Scholars Foundations 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.
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What is the mission statement of Tsys Future Scholars Foundations Inc?
Tsys Future Scholars Foundations Inc, as a non-profit organization, is dedicated to providing scholarships for the dependents of U.S. employees working for Total System Services, Inc. The organization's primary goal is to support the educational aspirations of these dependents, thereby contributing to their future academic and professional growth. The scholarships offered by Tsys Future Scholars Foundations Inc are designed to alleviate financial burdens, enabling these dependents to pursue their academic goals with ease. The organization's activities are centered around providing financial aid, thereby fostering opportunities for the future generations of the U.S. employees of Total System Services, Inc.
Who is the CEO of Tsys Future Scholars Foundations Inc?
Kim Farley is the President of Tsys Future Scholars Foundations Inc.
What is the revenue of Tsys Future Scholars Foundations Inc?
Tsys Future Scholars Foundations Inc's revenue in 2022 was $109,914.
Who are the executives of Tsys Future Scholars Foundations Inc and what are their salaries?
Here are 17 key members and their salaries:
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Where can I find the form 990 for Tsys Future Scholars Foundations Inc?
Tsys Future Scholars Foundations Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tsys Future Scholars Foundations Inc
Tsys Future Scholars Foundations Inc, as a nonprofit organization, is committed to providing scholarships for the dependents of U.S. employees at Total System Services, Inc. The organization's mission is centered around this exempt purpose, aiming to extend financial aid to the families of workers within the company. By offering scholarships, Tsys Future Scholars Foundations Inc seeks to support the educational aspirations of these dependents, thereby contributing to their future prospects and well-being. The organization's dedication to this cause reflects its commitment to the broader community of Total System Services, Inc. employees, providing a valuable benefit that can make a significant difference in the lives of its recipients.
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Impact
October, 2024
Tsys Future Scholars Foundations Inc significantly impacts the educational landscape by providing scholarships specifically to the dependents of U.S. employees of Total System Services, Inc. Based in Columbus, GA, the organization plays a vital role in enhancing educational opportunities for these families, enabling students to pursue higher education and fostering a culture of learning and achievement. By alleviating financial burdens associated with college tuition, Tsys Future Scholars not only supports individual student growth but also strengthens the community, creating a ripple effect of education and workforce development within the region. This commitment to education helps cultivate the next generation of leaders and professionals, ultimately contributing to a more skilled and educated workforce.
This information is meant to be a general summary of Tsys Future Scholars Foundations 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $8,820
- Gross Receipts: $126,413
Assets and Liabilities:
- Total Assets: $338,823
- Total Liabilities: $0
- Net Assets: $338,823
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Organization Details
Phone
(706) 644-4449Principal Officer
Kim Farley
Main Address
Post Office Box 2506, Columbus, GA, 31902
NTEE Category
Code: B82 - Education
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