Overview
What is Golden Dome Scholarship Fund Inc?
Golden Dome Scholarship Fund Inc is a nonprofit organization committed to providing educational funding for private school scholarships. They achieve this by collecting tax-deductible contributions and distributing them to participating private schools. This initiative aims to make quality education more accessible to a wider range of students, thereby fostering educational opportunities for those who might not have had them otherwise. The organization's primary mission is to support private schools by leveraging financial contributions to offer scholarships, ultimately contributing to the overall development of the students and their communities.
Official website here: www.goldendomefund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Golden Dome Scholarship Fund Inc received a score of 69%, resulting in a Two-Star out of Four Star rating. This rating indicates that while there are some strengths in the organization's accountability and financial practices, there are significant areas that require improvement.
One of the notable strengths of the organization is its high program expense ratio of 96.09%, which suggests that a large proportion of its funds are directed towards its mission-related activities. Additionally, the organization benefits from a predominantly independent board, with 75% of its members being independent, and it has a solid audit and oversight committee in place. These factors contribute positively to the organization's governance and operational integrity.
However, the organization faces several shortcomings that have impacted its overall rating. Key policies such as the conflict of interest, whistleblower, and document retention policies are missing, which raises concerns about transparency and accountability. Furthermore, the lack of a posted tax form on the nonprofit's website and a high liabilities to assets ratio of 91.70% are areas that need attention to enhance trust and financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Golden Dome Scholarship Fund Inc legitimate?
Golden Dome Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Dome Scholarship Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.goldendomefund.org
What is the mission statement of Golden Dome Scholarship Fund Inc?
The Golden Dome Scholarship Fund Inc is dedicated to providing educational funding for private school scholarships. They accomplish this by collecting tax-deductible contributions and distributing them to participating private schools. Their mission is aimed at making quality education accessible to students attending private schools, thereby contributing to their academic growth and success. The organization plays a crucial role in bridging the financial gap for families who wish to provide their children with a private school education. By collecting donations and distributing scholarships, Golden Dome Scholarship Fund Inc is helping to ensure that deserving students have the opportunity to attend private schools, regardless of their financial circumstances.
Official website here: www.goldendomefund.org
Who is the CEO of Golden Dome Scholarship Fund Inc?
Schuyler Hardin is the President of Golden Dome Scholarship Fund Inc.
Official website here: www.goldendomefund.org
What is the revenue of Golden Dome Scholarship Fund Inc?
Golden Dome Scholarship Fund Inc's revenue in 2022 was $1,472,432.
Official website here: www.goldendomefund.org
Who are the executives of Golden Dome Scholarship Fund Inc and what are their salaries?
There 2 volunteers at Golden Dome Scholarship Fund Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.goldendomefund.org
Where can I find the form 990 for Golden Dome Scholarship Fund Inc?
Golden Dome Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goldendomefund.org
Learn more at the official website: www.goldendomefund.org
Mission Statement of Golden Dome Scholarship Fund Inc
Golden Dome Scholarship Fund Inc is committed to providing educational funding for private school scholarships. They achieve this goal by collecting tax-deductible contributions and distributing them to participating private schools. This nonprofit organization's mission is to make quality education more accessible for students attending private schools, thereby contributing to their overall development and future prospects. By providing scholarships, Golden Dome Scholarship Fund Inc aims to bridge the financial gap that may prevent deserving students from pursuing their education in private schools.
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Impact
October, 2024
The Golden Dome Scholarship Fund Inc plays a vital role in enhancing educational access and opportunities for students in Valdosta, GA. By collecting tax-deductible contributions, the Fund directly supports private school scholarships, making quality education more attainable for families who may otherwise face financial barriers. This initiative not only empowers students to pursue their educational goals in private school settings but also fosters a diverse and enriched learning environment. The Fund's work is instrumental in creating equitable educational opportunities, thereby positively impacting the community by investing in the future of its youth. Through partnerships with participating private schools, the Golden Dome Scholarship Fund ensures that students can access the resources and support they need to thrive academically.
This information is meant to be a general summary of Golden Dome Scholarship Fund 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: $2,856
- Gross Receipts: $1,497,432
Assets and Liabilities:
- Total Assets: $1,461,321
- Total Liabilities: $1,340,070
- Net Assets: $121,251
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Organization Details
Founding Year
2009
Phone
(229) 247-5285Principal Officer
Schuyler Hardin
Main Address
PO BOX 4663, VALDOSTA, GA, 316044663
Website
www.goldendomefund.orgNTEE Category
Code: B82 - Education
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