Nha Scholarship Fund

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

EIN: 330513766 ✦ Coronado, CA ✦ Designated as a 501(c)(3)

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Overview

What is Nha Scholarship Fund?

The Nha Scholarship Fund, established in 1993, is a nonprofit organization based in Coronado, California. This charity primarily focuses on supporting the educational aspirations of individuals associated with the Naval rotary wing community, including active duty personnel, veterans, and their dependents. By offering scholarships to major universities, the fund enables selected students to pursue higher education in fields like aerospace and engineering sciences. The Nha Scholarship Fund plays a crucial role in fostering the academic growth of its beneficiaries, contributing to the advancement of these critical fields.


Official website here: www.nhascholarshipfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star Rating

The Nha Scholarship Fund has achieved a remarkable 97% rating, indicating strong performance in accountability and finance. This score is derived from a single beacon score focused entirely on financial practices, showcasing the organization’s commitment to transparency and effective management of resources.

One of the notable strengths of the Nha Scholarship Fund is its governance structure, with a board composed entirely of independent members, which contributes to objective decision-making. Their financial health is also commendable, reflected in a program expense ratio of 92.65%, indicating a high percentage of funds allocated directly to programs rather than administrative costs. The absence of liabilities further enhances its fiscal profile, demonstrating sound financial management.

Although the rating highlights several strengths, specific user feedback or broader programmatic impacts were not included in the data. Nonetheless, the emphasis on accountability and financial integrity positions the Nha Scholarship Fund as a reliable choice for potential donors looking to support educational scholarships.


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

Is Nha Scholarship Fund legitimate?

Nha Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nha Scholarship Fund 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.nhascholarshipfund.org

What is the mission statement of Nha Scholarship Fund?

The Nha Scholarship Fund, established in 1993, has been dedicated to supporting the educational aspirations of individuals within the Naval rotary wing community. This includes active duty personnel, veterans, and their dependents. The fund achieves this by granting scholarships to major universities for selected students, particularly those studying aerospace and engineering sciences. Its mission is to foster academic growth and development within this community, thereby contributing to their professional advancement in the field. The fund serves as a testament to the Naval Helicopter Association's commitment to investing in the future of its members.


Official website here: www.nhascholarshipfund.org

Who is the CEO of Nha Scholarship Fund?

Jennifer Swasey is the President of Nha Scholarship Fund.


Official website here: www.nhascholarshipfund.org

What is the revenue of Nha Scholarship Fund?

Nha Scholarship Fund's revenue in 2022 was $97,496.


Official website here: www.nhascholarshipfund.org

Who are the executives of Nha Scholarship Fund and what are their salaries?

There 12 volunteers at Nha Scholarship Fund.


Here are 7 key members and their salaries:


Capt Arne Nelson Usn Ret (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Capt Todd Vandegrift Usn Ret (Executive Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Swasey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Ruttenberg (Vp Scholarships)
  • Compensation: $0
  • Related: $0
  • Other: $0
Capt Jon Klein Usn (Vp Plans And Marketing)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cdr Greg Knutson Usn (Vp Finance And Investments)
  • Compensation: $0
  • Related: $0
  • Other: $0
Capt Jim Toone Usn Ret (Trustees Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nhascholarshipfund.org

Where can I find the form 990 for Nha Scholarship Fund?

Nha Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nhascholarshipfund.org

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

Mission Statement of Nha Scholarship Fund

The Nha Scholarship Fund, established in 1993, has been dedicated to supporting members of the Naval rotary wing community, including active duty personnel, veterans, and their dependents. This nonprofit organization's mission lies in aiding these individuals in their pursuit of higher education goals. The Nha Scholarship Fund accomplishes this by granting scholarships to major universities, on behalf of selected students, in the fields of aerospace and engineering sciences. The fund's contributions play a significant role in enabling these individuals to further their education and potentially contribute to advancements in their respective fields.

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Impact




October, 2024

The Nha Scholarship Fund has made a significant impact by providing financial support for higher education to members of the Naval rotary wing community, including active duty personnel, veterans, and their dependents. Since its establishment in 1993, the fund has dedicated resources to enabling selected students to pursue degrees in aerospace and engineering sciences at major universities.

By disbursing scholarships, the fund helps to reduce the financial barriers that students in these fields often face, ensuring that individuals with military backgrounds gain access to quality education and training. This investment in education not only benefits the recipients by enhancing their career prospects but also contributes to the broader aerospace and engineering sectors, as these graduates bring unique skills and experiences shaped by their military service. The Nha Scholarship Fund thus plays a critical role in fostering the development of future leaders within the Naval rotary wing community and beyond.




This information is meant to be a general summary of Nha Scholarship Fund. 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
$97,496 (2022)
Expenses
$59,916 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,824
  • Gross Receipts: $97,496

Assets and Liabilities:

  • Total Assets: $624,794
  • Total Liabilities: $0
  • Net Assets: $624,794

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Organization Details

Founding Year

1993

Principal Officer

Jennifer Swasey

Main Address

PO BOX 180578, CORONADO, CA, 921780578

NTEE Category

Code: Z99Z - Unknown

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