Overview
What is Angie Workman Scholarship Fund?
The Angie Workman Scholarship Fund, located in Crane, Texas, functions as a nonprofit organization with a primary objective of raising funds to grant scholarships for college-bound students. Their mission is centered around financial assistance for higher education, aiming to empower young individuals in their academic pursuits. The organization's activities and mission are consistently aligned, with the goal of providing financial aid to deserving students seeking to further their education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
The Angie Workman Scholarship Fund has received a low rating of 53%, indicating significant concerns regarding its organizational accountability and financial practices. Notably, the charity has no independent board members, which raises questions about governance and oversight. While the organization has not faced any material diversion of assets, it lacks essential policies such as conflict of interest and whistleblower protections, which are critical for transparency and ethical operations.
On a positive note, the fund demonstrates a high program expense ratio of 99.86%, suggesting that nearly all its expenditures are directed towards its charitable mission. This is an important strength, as it indicates a commitment to utilizing funds for the intended purpose of supporting scholarship recipients. Additionally, the liabilities to assets ratio is healthy at 36.51%, reflecting sound financial management in that aspect.
However, the absence of key documents on its website, including its tax form and various policy statements, further detracts from its rating. The lack of a conflict of interest policy and other governance documents could negatively impact trust and credibility among stakeholders. Overall, while the Angie Workman Scholarship Fund shows strong commitment to its mission, it needs to improve its transparency and governance practices to enhance its effectiveness and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Angie Workman Scholarship Fund legitimate?
Angie Workman Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Angie Workman 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 Angie Workman Scholarship Fund?
The Angie Workman Scholarship Fund's mission is centered around raising funds to award scholarships for college students. This mission is carried out with the goal of providing financial assistance to deserving students, thereby enabling them to pursue higher education. The organization's primary activity is dedicated to this purpose, aiming to make education more accessible and affordable for numerous individuals. The scholarship fund does not disclose any specific details about the criteria or number of scholarships offered, but its main objective remains clear: to support students in their academic endeavors through financial aid.
Who is the CEO of Angie Workman Scholarship Fund?
Ricky Beardslee is the Vice Preside of Angie Workman Scholarship Fund.
What is the revenue of Angie Workman Scholarship Fund?
Angie Workman Scholarship Fund's revenue in 2020 was $10,724.
Who are the executives of Angie Workman Scholarship Fund and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Angie Workman Scholarship Fund?
Angie Workman Scholarship Fund's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Angie Workman Scholarship Fund
The Angie Workman Scholarship Fund is dedicated to raising funds with the ultimate goal of awarding scholarships to college students. This nonprofit organization's mission is centered around financially supporting the higher education of deserving students, thereby enabling them to pursue their academic dreams. By successfully achieving their mission, the Angie Workman Scholarship Fund aims to make a significant impact in the lives of numerous students, empowering them to overcome financial barriers and pave their way towards a brighter future.
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Impact
August, 2024
The Angie Workman Scholarship Fund's impact is significant, as it provides valuable financial assistance to college students in need. Through the fund's efforts to raise money and award scholarships, deserving students are able to pursue their higher education goals regardless of financial constraints. By supporting these individuals, the fund is not only investing in their educational success but also empowering them to achieve their full potential and contribute positively to society. The impact of the Angie Workman Scholarship Fund extends beyond just financial aid, as it also serves as a source of motivation and encouragement for students to persist in their academic endeavors.
This information is meant to be a general summary of Angie Workman 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 2020.
- Gross Receipts: $10,724
Assets and Liabilities:
- Total Assets: $199,389
- Total Liabilities: $0
- Net Assets: $199,389
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Organization Details
Founding Year
2009
Phone
(432) 558-3564Principal Officer
Ricky Beardslee
Main Address
PO BOX 313, CRANE, TX, 797310313
NTEE Category
Code: B82 - Education
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