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Georgia Student Scholarship Organization Sso Inc

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

EIN: 262903667 ✦ Cumming, GA ✦ Designated as a 501(c)(3)

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Overview

What is Georgia Student Scholarship Organization Sso Inc?

Georgia Student Scholarship Organization Sso Inc is a nonprofit corporation based in Cumming, Georgia. With a mission to empower low and middle-income families, the organization provides scholarships for their children to attend their preferred private K-12 schools. In 2022 alone, they granted 2,405 scholarships to eligible students, contributing to 94 nonpublic K-12 schools across the state. The organization operates with a dedicated team of six individuals.


Official website here: www.georgiasso.com

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 88% (Three-Star out of Four Stars)**

The Georgia Student Scholarship Organization Sso Inc has received an 88% rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization's high score in this area is bolstered by its independent board composition and absence of asset diversion, indicating robust governance practices. However, it has noted limitations, such as missing policies for whistleblower protection and tax form availability on its website, which are areas for improvement.

In terms of financial performance, the organization boasts an impressive program expense ratio of 96.71%, suggesting that it prioritizes its mission effectively by allocating most of its resources towards programs rather than administrative costs. The fundraising efficiency ratio of $0.00 indicates exceptional cost management, where the organization raises funds without incurring expenses related to fundraising activities.

User reviews from GreatNonprofits were not available at this time, leaving out insights from direct experiences shared by individuals involved with or impacted by the organization. Overall, Georgia Student Scholarship Organization Sso Inc demonstrates a solid financial standing and governance structure, yet there are opportunities for enhancing transparency and policy development.


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

Is Georgia Student Scholarship Organization Sso Inc legitimate?

Georgia Student Scholarship Organization Sso Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Student Scholarship Organization Sso 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: $398,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,460

For more financial information, click here


Official website here: www.georgiasso.com

What is the mission statement of Georgia Student Scholarship Organization Sso Inc?

The Georgia Student Scholarship Organization Sso Inc. is committed to providing educational opportunities for students from low and middle-income families. As a nonprofit organization, it allows these students to attend private K-12 schools of their parents' choice. In 2022, the organization awarded scholarships to 2,405 eligible students attending 94 nonpublic K-12 schools. The mission of Georgia Student Scholarship Organization Sso Inc. is to expand educational choices and promote academic success for these students. The organization's activities aim to bridge the gap between public and private education, providing equal opportunities for all children to achieve their academic potential.


Official website here: www.georgiasso.com

Who is the CEO of Georgia Student Scholarship Organization Sso Inc?

Robert J Jasion is the Trustee of Georgia Student Scholarship Organization Sso Inc. The CEO's salary of Georgia Student Scholarship Organization Sso Inc is $208,019 and their total compensation is $221,846.


Official website here: www.georgiasso.com

What is the revenue of Georgia Student Scholarship Organization Sso Inc?

Georgia Student Scholarship Organization Sso Inc's revenue in 2022 was $9,242,773.


Official website here: www.georgiasso.com

Who are the executives of Georgia Student Scholarship Organization Sso Inc and what are their salaries?

The average compensation at Georgia Student Scholarship Organization Sso Inc during 2022 was $69,590. There are 6 employees at Georgia Student Scholarship Organization Sso Inc.


Here are 6 key members and their salaries (Georgia Student Scholarship Organization Sso Inc's CEO's salary is $208,019 and their total compensation is $221,846):


David B Neyer (President & Ceo)
  • Compensation: $208,019
  • Related: $0
  • Other: $13,827
Cindy Neyer (Key Employee)
  • Compensation: $89,000
  • Related: $0
  • Other: $8,186
Robert J Jasion (Trustee)
  • Compensation: $2,120
  • Related: $0
  • Other: $52,801
Mark C Langston (Former Trustee)
  • Compensation: $110
  • Related: $0
  • Other: $20,006
Fulton Lewis (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Tracy Baggett (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0


Official website here: www.georgiasso.com

Where can I find the form 990 for Georgia Student Scholarship Organization Sso Inc?

Georgia Student Scholarship Organization Sso Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.georgiasso.com

Learn more at the official website: www.georgiasso.com

Mission Statement of Georgia Student Scholarship Organization Sso Inc

Georgia Student Scholarship Organization SSO Inc is a dedicated nonprofit organization that aims to provide educational opportunities for students from low and middle-income families. Its mission is centered around allowing these students to choose and attend private K-12 schools that suit their parents' preferences. In 2022, the organization awarded scholarships to 2,405 eligible students, attending 94 different nonpublic K-12 schools, further illustrating its commitment to this cause. By providing these opportunities, the Georgia Student Scholarship Organization SSO Inc is empowering families to make informed decisions about their children's education, fostering a more inclusive and diverse educational landscape.

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Impact




October, 2024

The Georgia Student Scholarship Organization SSO Inc. plays a vital role in expanding educational opportunities for students from low and middle-income families. By providing scholarships, the organization enables access to private K-12 schools that parents choose, empowering families to select educational environments that best suit their children's needs.

In 2022 alone, the organization awarded 2,405 scholarships, directly impacting the lives of these students and their families. This support not only fosters educational diversity but also helps alleviate the financial burden of private schooling. By partnering with 94 nonpublic K-12 schools, the Georgia Student Scholarship Organization ensures that a variety of educational options are available, thereby promoting academic growth and success for students who may otherwise face barriers to quality education.

Overall, the organization's commitment to enhancing educational access creates opportunities for personal and academic development, shaping a brighter future for the students it serves.




This information is meant to be a general summary of Georgia Student Scholarship Organization Sso 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
$9,242,773 (2022)
Expenses
$9,597,922 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $9,242,773

Assets and Liabilities:

  • Total Assets: $3,773,971
  • Total Liabilities: $13,366
  • Net Assets: $3,760,605

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Organization Details

Founding Year

2008

Principal Officer

Robert J Jasion

Main Address

PO Box 1752, Cumming, GA, 30028

NTEE Category

Code: B12 - Education

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