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Sigma Gamma Rho Sorority National Education Fund Inc

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

EIN: 311144466 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Sigma Gamma Rho Sorority National Education Fund Inc?

The Sigma Gamma Rho Sorority National Education Fund is a charitable organization, primarily focusing on eliminating obstacles for deserving individuals. It achieves this goal by offering scholarships, fostering leadership development, and supporting community enhancement programs. The fund also contributes to the centennial celebration of the Sigma Gamma Rho Sorority, a 501c7 organization. Moreover, it provides financial aid to students with financial needs, hailing from diverse backgrounds, and organizes educational events, workshops, symposiums, and forums to enrich lives.


Official website here: www.sgrnationaleducationfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Stars)

Sigma Gamma Rho Sorority National Education Fund Inc has received a low rating of 56%, which reflects some significant concerns regarding its financial transparency and program efficiency. While the organization has a fully independent board, which is a positive aspect, it struggles in areas such as financial documentation, receiving no points for financial statements, which impacts accountability.

Despite a strong showing in governance areas, such as having a conflict of interest policy and a whistleblower policy, the charity's program expense ratio is concerning, with only 50% of expenses directed towards programmatic activities. This indicates that a significant portion of the funding may not be utilized effectively for its intended purposes.

Overall, while the organization has some strengths in governance and independence, its lack of financial transparency and low program expense ratio raises questions about its operational efficiency and overall impact. Prospective donors may want to consider these factors when evaluating their contribution.


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

Is Sigma Gamma Rho Sorority National Education Fund Inc legitimate?

Sigma Gamma Rho Sorority National Education Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sigma Gamma Rho Sorority National Education 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.sgrnationaleducationfund.org

What is the mission statement of Sigma Gamma Rho Sorority National Education Fund Inc?

The Sigma Gamma Rho Sorority National Education Fund's mission is centered around eliminating barriers for deserving individuals. It accomplishes this by offering financial aid through scholarships and providing opportunities for leadership development and community enhancement programs. The fund is dedicated to helping individuals realize their dreams by opening doors to the future. Furthermore, the organization supports educational initiatives, such as workshops, symposiums, and forums, to enhance the overall quality of life. The Sigma Gamma Rho Sorority National Education Fund also honors the centennial anniversary of the Sigma Gamma Rho Sorority, Inc., a 501c7 organization, and extends scholarships to qualified students in need.


Official website here: www.sgrnationaleducationfund.org

Who is the CEO of Sigma Gamma Rho Sorority National Education Fund Inc?

Juanita Love is the President of Sigma Gamma Rho Sorority National Education Fund Inc.


Official website here: www.sgrnationaleducationfund.org

What is the revenue of Sigma Gamma Rho Sorority National Education Fund Inc?

Sigma Gamma Rho Sorority National Education Fund Inc's revenue in 2022 was $606,133.


Official website here: www.sgrnationaleducationfund.org

Who are the executives of Sigma Gamma Rho Sorority National Education Fund Inc and what are their salaries?


Here are 5 key members and their salaries:


Juanita Love (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadine Dillanado (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamesha Flowers (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyshara Lawson (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Armistead (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sgrnationaleducationfund.org

Where can I find the form 990 for Sigma Gamma Rho Sorority National Education Fund Inc?

Sigma Gamma Rho Sorority National Education Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sgrnationaleducationfund.org

Learn more at the official website: www.sgrnationaleducationfund.org

Mission Statement of Sigma Gamma Rho Sorority National Education Fund Inc

The Sigma Gamma Rho Sorority National Education Fund, Inc., strives to eliminate obstacles for individuals with potential, offering them opportunities through scholarships, leadership development, and community enhancement programs. This nonprofit organization is committed to assisting each person in realizing their aspirations by opening the path to their future. Its mission encompasses two key aspects: providing financial aid to students in need from diverse backgrounds and organizing educational programs, workshops, symposiums, and forums aimed at enhancing the quality of life.

In addition to its scholarship program, the Sigma Gamma Rho Sorority National Education Fund, Inc., also celebrates the centennial anniversary of the Sigma Gamma Rho Sorority, Inc., a 501c7 organization. The fund offers scholarships to qualified students who are financially disadvantaged, contributing to their educational journey and future prospects. The organization's activities extend beyond scholarships, with a focus on conducting workshops, symposiums, and forums that promote personal growth and community enrichment. These initiatives aim to uplift individuals and foster a positive impact in their lives, thereby breaking down barriers and paving the way for a brighter future.

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Impact




July, 2024

Sigma Gamma Rho Sorority National Education Fund Inc's impact can be seen through its dedication to helping individuals achieve their dreams by providing access to scholarships, leadership development, and community enhancement programs. By removing barriers for deserving students with financial needs from all backgrounds, the fund is making higher education more accessible and empowering individuals to reach their full potential. Additionally, through educational programs, workshops, symposiums, and forums, the fund enhances the quality of life for those it serves. Overall, Sigma Gamma Rho Sorority National Education Fund Inc is making a significant impact by investing in education and fostering leadership development in the community.




This information is meant to be a general summary of Sigma Gamma Rho Sorority National Education 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.

Revenue
$606,133 (2022)
Expenses
$655,757 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Gross Receipts: $606,133

Assets and Liabilities:

  • Total Assets: $1,225,438
  • Total Liabilities: $0
  • Net Assets: $1,225,438

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Organization Details

Founding Year

1985

Principal Officer

Juanita Love

Main Address

2801 HILLSIDE, INDIANAPOLIS, IN, 46218

NTEE Category

Code: B82Z - Education

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