Overview
What is Leo High School Alumni Association?
Leo High School Alumni Association is a nonprofit organization based in Oak Lawn, Illinois. Their primary mission is to provide financial assistance in the form of tuition aid to students in need. To raise funds for this cause, they organize an annual banquet. The association operates with the aim of supporting the educational growth of deserving students, thereby contributing positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Leo High School Alumni Association has earned a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 80%, the organization demonstrates effective management practices, especially highlighted by its 100% independent board members and the absence of material diversion of assets. This indicates a commitment to transparency and responsible governance.
Strengths of the organization include a high program expense ratio of 95.91%, suggesting that a significant portion of its expenditures directly supports its mission. Furthermore, the association has established a conflict of interest policy and maintains proper documentation of board meeting minutes, showcasing its commitment to ethical operations and accountability.
While the overall rating is commendable, potential donors and supporters should consider the implications of the Three-Star rating, which suggests room for improvement. Continuous efforts to enhance fundraising strategies and outreach could further elevate the organization’s impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Leo High School Alumni Association legitimate?
Leo High School Alumni Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leo High School Alumni Association 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
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What is the mission statement of Leo High School Alumni Association?
The Leo High School Alumni Association's primary mission is centered around providing financial aid in the form of tuition assistance to students who are in need. This mission is carried out through various means, one of which is an annual banquet, intended to raise funds for this purpose. The association aims to support these students, thereby contributing to their educational pursuits.
Who is the CEO of Leo High School Alumni Association?
Robert Cheval is the Secretary of Leo High School Alumni Association.
What is the revenue of Leo High School Alumni Association?
Leo High School Alumni Association's revenue in 2022 was $186,578.
Who are the executives of Leo High School Alumni Association and what are their salaries?
There 6 volunteers at Leo High School Alumni Association.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Leo High School Alumni Association?
Leo High School Alumni Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Leo High School Alumni Association
The Leo High School Alumni Association is a dedicated organization with a primary mission to extend financial aid to students in need, ensuring they have the opportunity to pursue their education without being burdened by exorbitant tuition fees. One of the ways this nonprofit achieves its goal is through its annual banquet, which serves as a significant fundraising event. By raising funds through this event and other means, the Leo High School Alumni Association is able to provide vital tuition assistance to deserving students, thereby enabling them to pursue their academic dreams.
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Impact
October, 2024
The Leo High School Alumni Association plays a significant role in uplifting the educational aspirations of students in need. By focusing on tuition assistance, the association directly impacts the lives of these students, making it possible for them to pursue their education without the heavy burden of financial constraints.
One of the key initiatives is their annual banquet, which serves not only as a fundraising event but also as a community gathering, fostering a sense of connection among alumni and encouraging ongoing support for current students. The funds raised through this event are critical in helping bridge the financial gap for students who might otherwise be unable to afford tuition, allowing them to focus on their academic goals and future careers.
In Oak Lawn, IL, the association’s efforts not only help individuals but also contribute to the broader education landscape, promoting opportunities for higher education in the community. By investing in the future leaders of tomorrow, the Leo High School Alumni Association helps to build a strong, educated community that can thrive and contribute positively in various fields.
This information is meant to be a general summary of Leo High School Alumni Association. 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: $6
- Program Service Revenue: $183,366
- Gross Receipts: $186,578
Assets and Liabilities:
- Total Assets: $148,132
- Total Liabilities: $0
- Net Assets: $148,132
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING INCOME
Revenue
$11,825
BANQUET INCOME
Revenue
$50,389
DECAL INCOME
Revenue
$25,472
GOLF OUTING INCOME
Revenue
$65,680
RAFFLE INCOME
Revenue
$30,000
Organization Details
Founding Year
1956
Phone
(815) 464-5826Principal Officer
Robert Cheval
Main Address
PO BOX 603, OAK LAWN, IL, 60454
NTEE Category
Code: B84 - Education
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