Overview
What is Central Islip Teachers Association Scholarship Fund?
The Central Islip Teachers Association Scholarship Fund is a nonprofit organization situated in Central Islip, New York. Their primary objective is to collect funds from the public voluntarily, with the aim of providing educational scholarships to deserving high school graduates from the Central Islip Union Free School District, provided they meet specific academic criteria. The fund's initiatives are focused on supporting the educational growth of local students, contributing positively to their future aspirations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Central Islip Teachers Association Scholarship Fund has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score reflects a robust focus on accountability, with a perfect score of 100% for independent board members and no material diversion of assets, showcasing strong governance practices.
The charity demonstrates a commendable commitment to financial integrity, with a program expense ratio of 93.26%, meaning that the vast majority of its funds are directed toward its mission rather than administrative costs. Additionally, it has established various policies to uphold transparency and ethical conduct, including a comprehensive conflict of interest policy and a whistleblower policy.
While the organization shows strong performance in its financial management and governance, there are no noted limitations in the provided data. Overall, the Central Islip Teachers Association Scholarship Fund exemplifies a well-managed nonprofit dedicated to supporting its educational mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Central Islip Teachers Association Scholarship Fund legitimate?
Central Islip Teachers Association Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Islip Teachers Association 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 Central Islip Teachers Association Scholarship Fund?
The Central Islip Teachers Association Scholarship Fund's mission is to garner support from the public through voluntary donations. The primary objective of these contributions is to establish a scholarship program for deserving high school graduates. The students eligible for these scholarships are selected based on meeting certain academic requirements. The fund's ultimate goal is to aid in the educational pursuits of these students, thereby contributing to their future success. The Scholarship Fund also seeks to foster community support for education, recognizing the importance of higher learning in shaping the lives of young individuals.
Who is the CEO of Central Islip Teachers Association Scholarship Fund?
Michael Romano is the Trustee of Central Islip Teachers Association Scholarship Fund.
What is the revenue of Central Islip Teachers Association Scholarship Fund?
Central Islip Teachers Association Scholarship Fund's revenue in 2022 was $65,761.
Who are the executives of Central Islip Teachers Association Scholarship Fund and what are their salaries?
There 7 volunteers at Central Islip Teachers Association Scholarship Fund.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $26,500
- Other: $0
- Compensation: $0
- Related: $9,000
- Other: $0
- Compensation: $0
- Related: $9,000
- Other: $0
- Compensation: $0
- Related: $5,650
- Other: $0
- Compensation: $0
- Related: $2,040
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Central Islip Teachers Association Scholarship Fund?
Central Islip Teachers Association Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Islip Teachers Association Scholarship Fund
The Central Islip Teachers Association Scholarship Fund is dedicated to raising funds from the general public for the purpose of establishing educational scholarships for eligible high school students. Their mission is to collect voluntary donations and allocate these funds to deserving students who meet specific academic requirements. By offering scholarships, the Central Islip Teachers Association Scholarship Fund aims to support the academic pursuits of young individuals, contributing to their future growth and success.
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Impact
August, 2024
The Central Islip Teachers Association Scholarship Fund has had a significant impact on the students of the Central Islip Union Free School District. By raising funds through voluntary donations, the scholarship program has provided educational scholarships to graduating high school students who meet certain academic requirements. This support has enabled students to pursue higher education and further their academic and career goals. The impact of this scholarship fund goes beyond just financial assistance, as it also serves as a source of encouragement and recognition for students' hard work and dedication. By investing in the education of the next generation, the Central Islip Teachers Association Scholarship Fund is contributing to the development and success of the community.
This information is meant to be a general summary of Central Islip Teachers Association 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.
- Investment Income: $2,154
- Gross Receipts: $76,553
Assets and Liabilities:
- Total Assets: $472,220
- Total Liabilities: $31,201
- Net Assets: $441,019
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Organization Details
Founding Year
2008
Phone
(631) 327-0987Principal Officer
Michael Romano
Main Address
PO BOX 1102, CENTRAL ISLIP, NY, 11722
NTEE Category
Code: B82 - Education
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