Overview
What is Holmes County Education Foundation?
The Holmes County Education Foundation, situated in Millersburg, Ohio, is a dedicated nonprofit organization with a mission to strengthen their community. They achieve this by offering educational scholarships to Holmes County residents seeking higher education. Furthermore, the foundation extends its support to local organizations, contributing to initiatives that positively impact Holmes County residents beyond their borders. With a team of just two individuals, this modest organization plays a significant role in fostering educational opportunities within their community.
Official website here: www.hcef.net
What are the reviews and ratings of this charity?
94% rating from Charity Navigator.
The Holmes County Education Foundation has achieved a Four-Star out of Four Star rating due to its high score of 94%, reflecting strong accountability and impact measurement. With an impressive 100% score in impact evaluation, the organization demonstrates effective outcomes in supporting education within its community. The foundation also has 100% independent board members, which further enhances its governance and transparency.
User reviews highlight the significant positive impact the foundation has on students and the community. Many former recipients of scholarships express gratitude for the support they received, noting how it not only eased the financial burden of education but also fostered a sense of community and personal accountability. Additionally, the foundation is recognized for its low expense ratio, suggesting that funds are utilized efficiently and directed mainly towards student support.
While the foundation excels in many areas, some reviews point to a slightly lower score in the culture and community category. This could indicate room for improvement in community engagement. Nonetheless, overall feedback is overwhelmingly positive, with users praising the foundation’s commitment to enhancing educational opportunities and its effective support for both young individuals and mature learners seeking skills training.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Holmes County Education Foundation legitimate?
Holmes County Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holmes County Education Foundation 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,291
For more financial information, click here
Official website here: www.hcef.net
What is the mission statement of Holmes County Education Foundation?
The Holmes County Education Foundation strengthens its community by assisting local residents in pursuing further education opportunities. Their mission is centered around providing educational scholarships for Holmes County residents seeking higher education. Additionally, grants are distributed to organizations within the community, benefiting not only Holmes County residents but also those beyond its borders. In essence, the foundation's role is to support and advance educational opportunities for its community members.
Official website here: www.hcef.net
Who is the CEO of Holmes County Education Foundation?
Shasta Mast is the Trustee of Holmes County Education Foundation.
Official website here: www.hcef.net
What is the revenue of Holmes County Education Foundation?
Holmes County Education Foundation's revenue in 2022 was $4,245,598.
Official website here: www.hcef.net
Who are the executives of Holmes County Education Foundation and what are their salaries?
The average compensation at Holmes County Education Foundation during 2022 was $64,646. There are 2 employees and 19 volunteers at Holmes County Education Foundation.
Here are 9 key members and their salaries:
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- Compensation: $85,000
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Official website here: www.hcef.net
Where can I find the form 990 for Holmes County Education Foundation?
Holmes County Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hcef.net
Learn more at the official website: www.hcef.net
Mission Statement of Holmes County Education Foundation
The Holmes County Education Foundation strengthens its community by aiding Holmes County residents in their pursuit of further education opportunities. This nonprofit organization's mission is to provide educational scholarships for local residents seeking higher education and grants to benefit the community at large. By supporting these initiatives, the Holmes County Education Foundation plays a significant role in empowering its community members, ultimately contributing to the overall growth and development of the area.
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Impact
October, 2024
Holmes County Education Foundation plays a pivotal role in enhancing educational opportunities for residents of Holmes County. By providing scholarships, the foundation helps individuals pursue higher education, thereby empowering them to achieve their academic and career goals. Additionally, the foundation awards grants to community organizations, ensuring broader access to educational resources and programs that benefit the entire community. This strengthens not only the individuals who receive support but also fosters a culture of learning and growth within Holmes County, ultimately contributing to the development of a well-educated and skilled populace.
This information is meant to be a general summary of Holmes County Education Foundation. 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: $362,378
- Gross Receipts: $4,729,385
Assets and Liabilities:
- Total Assets: $17,371,041
- Total Liabilities: $4,219
- Net Assets: $17,366,822
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Organization Details
Founding Year
1990
Phone
(330) 674-7303Principal Officer
Shasta Mast
Main Address
114 NORTH CLAY STREET, MILLERSBURG, OH, 44654
Website
www.hcef.netNTEE Category
Code: B20 - Education
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