Overview
What is Elder High School Fund Trust?
Elder High School Fund Trust is a nonprofit organization situated in Cincinnati, Ohio, specifically at 3900 Vincent Ave. Its primary mission is to offer financial aid and scholarships to students attending Elder High School. This assistance aims to alleviate some of the financial burdens associated with education, thereby enabling more students to pursue their academic goals. The Trust's work is focused solely on Elder High School, demonstrating a deep commitment to the local community and its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating
Elder High School Fund Trust has received a 73% rating from Charity Navigator, indicating a moderate level of accountability and finance management. The rating is based solely on one beacon score, illustrating that the organization's financial health is a critical focus.
The organization demonstrates strong governance with 100% independent board members, which enhances its accountability. Additionally, it has no material diversion of assets and effectively documents board meeting minutes, indicating a commitment to transparency. The liabilities to assets ratio stands at an impressive 0.00%, signifying that the organization is financially stable and not over-leveraged.
However, while the program expense ratio of 87% suggests that a significant portion of its resources is directed towards programs, the overall two-star rating indicates there may be areas for improvement in other aspects of operations or impact measurement. The organization would benefit from enhancing its overall score by focusing on further accountability and transparency measures.
This AI summary has been generated from information found on Charity Navigator.
Is Elder High School Fund Trust legitimate?
Elder High School Fund Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elder High School Fund 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 Elder High School Fund Trust?
The Elder High School Fund Trust's mission is centered around providing financial aid and scholarships to the students of Elder High School. This organization is committed to alleviating financial burdens that may hinder a student's ability to pursue their education at Elder High School. By offering these financial resources, the Trust aims to ensure that no talented student is denied an opportunity due to financial constraints. The Trust's activities primarily focus on this mission, providing a vital support system for the school's students.
Who is the CEO of Elder High School Fund Trust?
Kurt D Ruffing is the Trustee of Elder High School Fund Trust.
What is the revenue of Elder High School Fund Trust?
Elder High School Fund Trust's revenue in 2022 was $83,802.
Who are the executives of Elder High School Fund Trust and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Elder High School Fund Trust?
Elder High School Fund Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Elder High School Fund Trust
The Elder High School Fund Trust is committed to providing scholarships and financial aid for students attending Elder High School. This nonprofit organization's mission is to support the educational aspirations of students, ensuring they have the necessary financial resources to pursue their academic journey. By offering scholarships and financial aid, the Elder High School Fund Trust aims to alleviate financial burdens and enable deserving students to focus on their studies, ultimately leading to a successful educational experience.
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Impact
October, 2024
Elder High School Fund Trust plays a significant role in enhancing educational opportunities for students at Elder High School in Cincinnati, Ohio. By providing scholarships and financial aid, the trust ensures that financial barriers do not hinder capable students from receiving a quality education. This support not only helps to alleviate the burden of tuition costs but also fosters a diverse and inclusive learning environment, empowering students from various backgrounds to succeed. The impact of the trust extends beyond individual scholarships, contributing to the overall growth and advancement of the school community, and promoting a culture of philanthropy that encourages lifelong support for education.
This information is meant to be a general summary of Elder High School Fund 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: $81,982
- Gross Receipts: $362,633
Assets and Liabilities:
- Total Assets: $1,706,468
- Total Liabilities: $0
- Net Assets: $1,706,468
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Organization Details
Founding Year
2001
Principal Officer
Kurt D Ruffing
Main Address
3900 VINCENT AVE, CINCINNATI, OH, 45205
NTEE Category
Code: T30 - Philanthropy
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