Overview
What is Ohio Agribusiness Association Educational Trust?
The Ohio Agribusiness Association Educational Trust is a charitable organization located at 5151 Reed Road, Columbus, Ohio. Its primary mission is to raise and manage funds, which are then distributed as scholarships to support students pursuing a career in the agriculture industry within the state. The trust aims to foster the growth of future agricultural leaders by providing financial assistance, thereby contributing to the agricultural sector's long-term success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two Stars)
The Ohio Agribusiness Association Educational Trust has received a Two-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 64%. This rating indicates that while the organization has some solid governance practices, there are areas that require attention, particularly in its financial management and program expense ratios.
The organization showcases strengths such as having 100% independent board members and a clear document retention policy. Also noteworthy is the absence of material diversion of assets and a favorable liabilities to assets ratio of 0.59%, suggesting a stable financial standing. However, the program expense ratio of 57.45% indicates that a smaller portion of its budget is allocated to direct program services compared to administrative and fundraising costs.
In summary, while the Ohio Agribusiness Association Educational Trust demonstrates commendable governance and financial stability, the need for improved programmatic expenditures poses a significant limitation to its overall effectiveness. The organization may benefit from focusing on enhancing its program impact to elevate its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio Agribusiness Association Educational Trust legitimate?
Ohio Agribusiness Association Educational Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Agribusiness Association Educational Trust 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 Ohio Agribusiness Association Educational Trust?
The Ohio Agribusiness Association Educational Trust's mission is centered around fundraising and accepting contributions. These funds are subsequently administered and disbursed to provide scholarship assistance to students in Ohio who are pursuing a career in the agribusiness sector. The primary goal of the trust is to support the educational aspirations of future leaders in this field, providing them with the necessary financial aid to further their studies. The trust relies on contributions to build its trust fund, which is then used to award scholarships to eligible students.
Who is the CEO of Ohio Agribusiness Association Educational Trust?
Christopher Henney is the Trust Mgr, S of Ohio Agribusiness Association Educational Trust.
What is the revenue of Ohio Agribusiness Association Educational Trust?
Ohio Agribusiness Association Educational Trust's revenue in 2022 was $55,003.
Who are the executives of Ohio Agribusiness Association Educational Trust and what are their salaries?
There 25 volunteers at Ohio Agribusiness Association Educational Trust.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $187,047
- Other: $25,210
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ohio Agribusiness Association Educational Trust?
Ohio Agribusiness Association Educational Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ohio Agribusiness Association Educational Trust
The Ohio Agribusiness Association Educational Trust is an organization committed to raising funds and accepting contributions with the intention of administering and dispersing scholarship assistance to students in Ohio. Their mission is primarily focused on supporting individuals who are pursuing a career in agribusiness. By managing these contributions effectively, the trust is able to provide financial aid to deserving students, thereby contributing to the growth of the agribusiness sector in the state.
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Impact
August, 2024
The Ohio Agribusiness Association Educational Trust plays a significant role in supporting the education and development of Ohio students pursuing a career in agribusiness. By fundraising and accepting contributions, the Trust is able to provide valuable scholarship assistance to these students, helping them to further their education and enhance their skills in this crucial industry. Through its efforts, the Trust not only supports the aspirations of individual students but also contributes to the growth and sustainability of the agribusiness sector in Ohio. This impact extends beyond the classroom, fostering a future generation of professionals who are equipped to drive innovation and success in agricultural businesses across the state.
This information is meant to be a general summary of Ohio Agribusiness Association Educational Trust. 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: $1,289
- Gross Receipts: $83,320
Assets and Liabilities:
- Total Assets: $610,065
- Total Liabilities: $4,048
- Net Assets: $606,017
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Organization Details
Founding Year
1994
Phone
(614) 326-7520Principal Officer
Christopher Henney
Main Address
5151 REED ROAD, COLUMBUS, OH, 432202598
NTEE Category
Code: A99M - Arts
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