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New Lexington High School Alumni Association

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

EIN: 311445684 ✦ New lexington, OH ✦ Designated as a 501(c)(3)

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Overview

What is New Lexington High School Alumni Association?

The New Lexington High School Alumni Association is a nonprofit organization, primarily located at PO Box 52, New Lexington, Ohio 43764. Their primary mission is to extend financial aid to deserving graduates from New Lexington High School. In the recent fiscal year, they distributed 52 scholarship grants, with various monetary amounts ranging from $250 to $1,250. The association focuses on supporting post-secondary education for their alumni, thereby contributing to their future endeavors.


Official website here: www.nlhsalumni.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

The New Lexington High School Alumni Association has received a Three-Star rating from Charity Navigator, indicating a moderate level of performance based on their accountability and financial practices. The organization scored particularly well in areas such as having a majority independent board members and a strong program expense ratio, reflecting effective allocation of resources towards its mission.

However, there are notable limitations in the governance practices, with a lack of critical policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy. These missing elements have prevented the organization from achieving a higher rating, as they are important for ensuring transparency and accountability in operations.

Overall, the Alumni Association demonstrates effective financial management and a commitment to its programs, but it should address the governance gaps to enhance its credibility and operational integrity. With improvements in these areas, the organization could strengthen its standing and potentially increase donor trust and support.


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

Is New Lexington High School Alumni Association legitimate?

New Lexington High School Alumni Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Lexington High School Alumni Association 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.nlhsalumni.org

What is the mission statement of New Lexington High School Alumni Association?

The New Lexington High School Alumni Association's mission is centered around providing financial assistance in the form of scholarships to deserving graduates from New Lexington High School. This association actively grants scholarships, with 52 scholarships distributed in fiscal year 2022, varying in amounts from $250 to $1,250. The primary objective of the Alumni Association is to support the educational aspirations of its former students, fostering their continued growth and success beyond high school.


Official website here: www.nlhsalumni.org

Who is the CEO of New Lexington High School Alumni Association?

B Jane Vanhorn is the President of New Lexington High School Alumni Association.


Official website here: www.nlhsalumni.org

What is the revenue of New Lexington High School Alumni Association?

New Lexington High School Alumni Association's revenue in 2023 was $78,848.


Official website here: www.nlhsalumni.org

Who are the executives of New Lexington High School Alumni Association and what are their salaries?

There 6 volunteers at New Lexington High School Alumni Association.


Here are 6 key members and their salaries:


Lorie Tokie (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
B Scott Berry (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Brame (Scholarship Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
B Jane Vanhorn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William H Nixon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannie M Allen (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nlhsalumni.org

Where can I find the form 990 for New Lexington High School Alumni Association?

New Lexington High School Alumni Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nlhsalumni.org

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

Mission Statement of New Lexington High School Alumni Association

The New Lexington High School Alumni Association is an organization committed to supporting deserving graduates of New Lexington High School. Their primary mission, as expressed in their activities and purpose, is to provide financial aid in the form of scholarships. In the recent fiscal year 2022, they distributed a total of fifty-two scholarships. The scholarships were varying in amount, with two grants worth $1,250, forty-four grants worth $1,000, two grants worth $500, and four grants worth $250. This demonstrates the association's dedication to helping a substantial number of deserving students, each with varying financial needs, as they pursue their post-high school education.

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Impact




August, 2024

The New Lexington High School Alumni Association's impact is felt through its provision of post high school scholarships to deserving graduates of New Lexington High School. In fiscal year 2022, the association awarded a total of fifty-two scholarship grants. These grants ranged from $250 to $1,250, totaling a significant amount of financial support for these students pursuing further education. The association's commitment to supporting the educational pursuits of graduates demonstrates their dedication to fostering opportunities for the youth in the community.




This information is meant to be a general summary of New Lexington High School Alumni Association. 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
$78,848 (2023)
Expenses
$62,156 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $70,448
  • Gross Receipts: $854,345

Assets and Liabilities:

  • Total Assets: $1,415,992
  • Total Liabilities: $0
  • Net Assets: $1,415,992

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Organization Details

Founding Year

1988

Principal Officer

B Jane Vanhorn

Main Address

PO Box 52, New Lexington, OH, 43764

NTEE Category

Code: B82 - Education

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