Overview
What is 40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76?
The 40 & 8 George B Boland Nurses Training Trust, established on November 16, 1976, is a nonprofit organization located in Muncie, Indiana, specifically at 200 E JACKSON. Its primary mission is to provide nursing educational scholarships to the children of military veterans. This charitable endeavor aims to support the higher education of the next generation, whose parents have served in the military. The trust's activities and mission are centered around this noble cause, contributing to the advancement of the healthcare field and honoring the sacrifices made by military families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The 40 & 8 George B Boland Nurses Training Trust has received a solid Three-Star rating from Charity Navigator, indicating a decent level of accountability and financial health. The evaluation is based entirely on the organization’s financial practices, which are strong, particularly in areas such as having a fully independent board, a lack of material diversion of assets, and established conflict of interest and whistleblower policies.
Strengths include a 100% independent board and a low liabilities to assets ratio, demonstrating sound financial management practices. The charity has effectively maintained its operational integrity with a documented retention policy and clear board meeting minutes. However, its program expense ratio stands at 60.15%, suggesting that there's room for improvement in allocating more funds directly towards programs rather than administrative costs.
Overall, while the organization shows commendable financial accountability, the program expense ratio indicates that a significant portion of its budget may be directed towards overhead. Continued focus on increasing this ratio could enhance its impact and efficiency in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is 40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76 legitimate?
40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76 is a legitimate nonprofit organization registered as a 501(c)(3) entity. 40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76 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: $10,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of 40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76?
The 40 & 8 George B Boland Nursing Trust, established in 1976, is committed to providing nursing educational scholarships for the children of military veterans. This mission is aimed at supporting the next generation of nurses, whose parents have served in the military. The trust seeks to alleviate the financial burden associated with nursing education, enabling these children to pursue their career goals in the healthcare field. By offering scholarships, the trust ensures that the children of military veterans have an opportunity to contribute positively to the healthcare sector, honoring their parents' service to the nation.
What is the revenue of 40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76?
40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76's revenue in 2023 was $161,362.
Who are the executives of 40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76 and what are their salaries?
There 3 volunteers at 40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76.
Here are 4 key members and their salaries:
- Compensation: $10,026
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76?
40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of 40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76
The 40 & 8 George B Boland Nurses Training Trust, established in 1976, is dedicated to providing nursing educational scholarships for the children of military veterans. This non-profit organization's mission is centered around supporting the future generation of nurses, particularly those whose parents have served in the military. By offering scholarships, the trust aims to alleviate the financial burden associated with nursing education, enabling these children to pursue their passion and contribute to the healthcare field. The scholarships provided by the 40 & 8 George B Boland Nurses Training Trust not only help individuals advance their careers but also honors the service and sacrifice of their military veteran parents.
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Impact
October, 2024
The 40 & 8 George B Boland Nurses Training Trust, established on November 16, 1976, has had a significant impact on the education and career opportunities for the children of military veterans. By providing nursing educational scholarships, it supports individuals who may otherwise face financial barriers to pursuing a career in nursing. This initiative not only fosters the next generation of healthcare professionals but also honors and acknowledges the sacrifices of military families by investing in their education.
The trust facilitates access to essential training in a critical field, helping to address the ongoing shortage of qualified nursing professionals. By focusing specifically on the children of veterans, the program strengthens community ties and supports the value of service, creating a legacy of commitment to both healthcare and military service. By empowering these students with scholarships, the trust contributes to healthcare resilience and excellence in service delivery, ultimately benefiting the broader community in Muncie, Indiana, and beyond.
This information is meant to be a general summary of 40 & 8 George B Boland Nurses Training Trust Dtd 11/16/76. 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: $33,487
- Gross Receipts: $907,438
Assets and Liabilities:
- Total Assets: $1,128,984
- Total Liabilities: $0
- Net Assets: $1,128,984
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Organization Details
Founding Year
1976
NTEE Category
Code: B82 - Education
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