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Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr

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

EIN: 311639134 ✦ Sylvania, OH ✦ Designated as a 501(c)(3)

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Overview

What is Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr?

Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr is a nonprofit organization located in Sylvania, Ohio. Its primary mission is to provide financial assistance in the form of tuition aid to approximately 500 elementary students residing in Northwest Ohio. This aid is granted randomly through collaboration with the Children's Scholarship Fund, and is based on the recipient's financial needs. The scholarships can be utilized for enrollment in 48 private schools across 19 counties in Ohio and one county in Michigan, as well as for homeschooling expenses. The organization's focus is on supporting education for children in kindergarten through the eighth grade. With a total staff of one individual, the Northwest Ohio Scholarship Fund Inc plays an essential role in helping families afford quality education for their children.


Official website here: www.nosf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Stars)

The Northwest Ohio Scholarship Fund Inc. (NOSF) has achieved an 85% rating on Charity Navigator, primarily reflecting its strong performance in accountability and finance. The organization benefits from a fully independent board of directors and maintains a solid financial health with a program expense ratio of 88.53%, indicating that a significant portion of its funds is directed towards its mission. This rating underscores NOSF's commitment to transparency and effective financial management.

User reviews overwhelmingly praise NOSF for its impactful scholarships that enable families to access private education, particularly in faith-based schools. Clients express deep gratitude, highlighting the organization's capacity to facilitate educational choices that might otherwise be financially unattainable. Reviewers commend the friendliness and responsiveness of the staff, which adds to the positive experience for families navigating the application process.

While the majority of feedback is highly favorable, there is limited mention of areas for improvement. Some reviews note the potentially competitive nature of scholarship awards, as funding may not always meet the demand. Nonetheless, the overall sentiment is one of appreciation for the life-changing opportunities NOSF provides, making it a valuable resource for families seeking quality education options in Northwest Ohio.


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

Is Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr legitimate?

Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr 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: $41,184

For more financial information, click here


Official website here: www.nosf.org

What is the mission statement of Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr?

The Northwest Ohio Scholarship Fund Inc's mission is centered around providing financial aid for elementary school children. Their primary goal is to award need-based scholarships, enabling children to attend private schools or be homeschooled. Through their activities, they aim to assist approximately 500 students in Northwest Ohio, working in collaboration with the Children's Scholarship Fund. The selection process for recipients is random, and the aid is need-based. The scholarships can be used to attend various private schools across multiple counties in Ohio and Michigan, as well as for homeschooling expenses.


Official website here: www.nosf.org

Who is the CEO of Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr?

Richard Lavalley Jr is the Chair of Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr.


Official website here: www.nosf.org

What is the revenue of Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr?

Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr's revenue in 2022 was $501,812.


Official website here: www.nosf.org

Who are the executives of Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr and what are their salaries?

The average compensation at Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr during 2022 was $41,184. There is 1 employee and 15 volunteers at Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr.


Here are 14 key members and their salaries:


Richard G Lavalley Jr (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzette Cowell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianne Tankoos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Arquette (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Nitschke (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Lippus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Sofo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Ruma (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Sadowski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Jorgensen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Palmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Tidd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nosf.org

Where can I find the form 990 for Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr?

Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nosf.org

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

Mission Statement of Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr

Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr is an organization dedicated to awarding need-based scholarships to children in elementary school. Their mission is to support around 500 students in Northwest Ohio, enabling them to attend private schools or be homeschooled from grades Kindergarten through the eighth grade. The fund raises funds to provide tuition assistance, working in collaboration with the Children's Scholarship Fund. The recipients of these scholarships are chosen randomly, and the aid is given based on financial need. The scholarships have been awarded to students to attend 48 different private schools in 19 different counties in Ohio and one in Michigan, as well as to cover homeschooling expenses.

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Impact




July, 2024

Northwest Ohio Scholarship Fund Inc, under the leadership of Richard G. Lavalley Jr, has made a significant impact by providing tuition assistance to approximately 500 elementary students in Northwest Ohio. By partnering with the Children's Scholarship Fund, scholarships are awarded based on financial need, giving students the opportunity to attend 48 different private schools in 19 counties in Ohio and one in Michigan, as well as covering homeschool expenses. This support enables children from diverse backgrounds to access quality education options that may not have been possible otherwise, contributing to their academic and personal growth.




This information is meant to be a general summary of Northwest Ohio Scholarship Fund Inc C/O Richard G Lavalley Jr. 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
$501,812 (2022)
Expenses
$445,156 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $785
  • Gross Receipts: $510,047

Assets and Liabilities:

  • Total Assets: $384,890
  • Total Liabilities: $736
  • Net Assets: $384,154

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Organization Details

Founding Year

1999

Principal Officer

Richard Lavalley Jr

Main Address

5800 MONROE ST BLDG F5, SYLVANIA, OH, 43560

NTEE Category

Code: B82 - Education

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