Overview
What is Student Loan Foundation Of North Canton?
The Student Loan Foundation of North Canton is a nonprofit organization situated in North Canton, Ohio. With a specific focus on higher education, they offer financial aid through educational loans to students in the North Canton City School District. Their mission is to support the educational pursuits of local residents by providing them with necessary funds. The foundation has recently granted 52 new loans to students attending college, demonstrating their commitment to assisting young individuals in achieving their academic goals.
Official website here: www.ncstudentloan.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating. This rating indicates that the Student Loan Foundation Of North Canton demonstrates a strong commitment to accountability and finance, as its overall score is derived solely from this category. The foundation has maintained a high standard of integrity and governance, reflected in its perfect scores for independent board members and the absence of material diversion of assets.
The organization boasts a fully independent board, which enhances its oversight and strategic direction. It has a strong financial management record, with a liabilities to assets ratio of 0%, indicating no outstanding debts. Additionally, a substantial portion of its expenses is allocated directly to programs, with a program expense ratio of nearly 70%, showcasing its commitment to its mission.
However, a noted limitation is the absence of a whistleblower policy, which may raise concerns about transparency and protection for individuals reporting unethical behavior. Despite this, the foundation’s overall governance practices and financial health suggest a reliable nonprofit dedicated to its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Student Loan Foundation Of North Canton legitimate?
Student Loan Foundation Of North Canton is a legitimate nonprofit organization registered as a 501(c)(3) entity. Student Loan Foundation Of North Canton 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.ncstudentloan.org
What is the mission statement of Student Loan Foundation Of North Canton?
The Student Loan Foundation, in its mission, aims to provide educational loans to eligible individuals, primarily residing in a specific district. This financial assistance is intended to support the higher education aspirations of these students. The organization's primary objective is to facilitate the pursuit of further education for these individuals. As of recent data, the foundation has extended fifty-two such loans to students attending college.
Official website here: www.ncstudentloan.org
What is the revenue of Student Loan Foundation Of North Canton?
Student Loan Foundation Of North Canton's revenue in 2023 was $69,820.
Official website here: www.ncstudentloan.org
Who are the executives of Student Loan Foundation Of North Canton and what are their salaries?
There 11 volunteers at Student Loan Foundation Of North Canton.
Here are 11 key members and their salaries:
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Official website here: www.ncstudentloan.org
Where can I find the form 990 for Student Loan Foundation Of North Canton?
Student Loan Foundation Of North Canton's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ncstudentloan.org
Learn more at the official website: www.ncstudentloan.org
Mission Statement of Student Loan Foundation Of North Canton
The Student Loan Foundation of North Canton, in its mission, aims to extend financial aid to students hailing from the North Canton Ohio City School District. This nonprofit organization provides educational loans, serving as a crucial resource for individuals seeking to further their education. The primary objective of the Student Loan Foundation of North Canton is to offer financial assistance to these students, thereby enabling them to pursue higher education and enhance their prospects for the future. As of the provided information, the organization has recently extended fifty-two (52) such loans to students attending college.
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Impact
August, 2024
The Student Loan Foundation Of North Canton offers financial assistance for higher education through educational loans to students in the North Canton Ohio City School District. Specifically, the foundation provided fifty-two new educational loans to students attending college. Its mission is to provide student loans to residents of the North Canton City School District for use in furthering their education. The foundation's impact can be seen in the tangible support it provides to students pursuing higher education within its community.
This information is meant to be a general summary of Student Loan Foundation Of North Canton. 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 2023.
- Investment Income: $21,485
- Program Service Revenue: $41,033
- Gross Receipts: $69,820
Assets and Liabilities:
- Total Assets: $2,619,219
- Total Liabilities: $0
- Net Assets: $2,619,219
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT LOAN INTEREST
Revenue
$41,033
Organization Details
Founding Year
1963
Principal Officer
Jordan Greenwald
Website
www.ncstudentloan.orgNTEE Category
Code: B82Z - Education
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