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Great Sso Inc

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

EIN: 320257783 ✦ Cumming, GA ✦ Designated as a 501(c)(3)

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Overview

What is Great Sso Inc?

Great Sso Inc is a nonprofit organization based in Georgia, primarily known for its scholarship programs. Under the authority of hb-1133, the organization has distributed a substantial number of scholarships to children in various grade levels, helping a total of 102 students in Georgia to further their education. The mission of Great Sso Inc is centered around providing financial aid, thereby contributing to the educational opportunities and future prospects of young individuals in the state.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%

Great Sso Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. With a score of 94%, the organization demonstrates effective governance, as evidenced by its 100% independent board members. This structure, alongside a high Program Expense Ratio of 98.36%, suggests that the majority of its funds are directed towards its charitable programs rather than administrative costs.

The nonprofit has established robust policies, including a conflict of interest policy, whistleblower policy, and a solid system for document retention and destruction. Additionally, Great Sso Inc has not encountered any material diversion of assets, establishing a strong foundation for trust with its stakeholders. These measures highlight the organization’s dedication to operating ethically and responsibly.

However, while the financial metrics are commendable, ongoing transparency and communication about program impacts would further enhance stakeholder confidence. Overall, Great Sso Inc stands out for its strong governance and fiscal responsibility, making it a reliable choice for potential donors and supporters.


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

Is Great Sso Inc legitimate?

Great Sso Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Sso 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: $37,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Great Sso Inc?

Great Sso Inc's primary focus is on providing scholarships to children in various grades in Georgia. Specifically, they have awarded a total of 164 scholarships to children in grades K-12, utilizing the authority of hb-1133. The organization's mission can be interpreted as a commitment to supporting the education of these children, thereby contributing to their future prospects and personal growth.

Who is the CEO of Great Sso Inc?

Thomas Smith is the President of Great Sso Inc.

What is the revenue of Great Sso Inc?

Great Sso Inc's revenue in 2022 was $514,995.

Who are the executives of Great Sso Inc and what are their salaries?

There 4 volunteers at Great Sso Inc.


There is 1 key member and their salary:


Thomas Smith Cpa (President)
  • Compensation: $37,040
  • Related: $0
  • Other: $0
Where can I find the form 990 for Great Sso Inc?

Great Sso Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Great Sso Inc

Great Sso Inc, a nonprofit organization, is committed to providing educational opportunities for children in Georgia. Under the authority of HB-1133, Great Sso Inc has awarded scholarships to students in grades K-12. The organization has shown its dedication to this cause by granting a total of 104 scholarships to these students, demonstrating its commitment to supporting the educational aspirations of young learners. Great Sso Inc's mission through these scholarships aims to provide financial assistance, thereby enabling these children to pursue their educational journeys and potentially unlock their full potential.

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Impact




July, 2024

Great Sso Inc has made a significant impact by awarding scholarships to children in grades K-12 in Georgia under the authority of hb-1133. This support provides educational opportunities for students who may not have otherwise been able to afford them. By awarding 40 scholarships in one instance and 62 scholarships in another, Great Sso Inc is directly contributing to the academic success and future prospects of these children. Through this initiative, the organization is helping to bridge the education gap and empower young learners to achieve their full potential.




This information is meant to be a general summary of Great Sso 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
$514,995 (2022)
Expenses
$578,752 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27
  • Gross Receipts: $514,995

Assets and Liabilities:

  • Total Assets: $321,832
  • Total Liabilities: $0
  • Net Assets: $321,832

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Organization Details

Founding Year

2008

Principal Officer

Thomas Smith

Main Address

1595 PEACHTREE PKWY, CUMMING, GA, 30041

NTEE Category

Code: B82 - Education

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