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Ridge Alumni Memorial Scholarship Inc

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

EIN: 371734913 ✦ Piedmont, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ridge Alumni Memorial Scholarship Inc?

Ridge Alumni Memorial Scholarship Inc is a charitable organization situated in Piedmont, California, specifically at 77 Highland Avenue. Their primary mission is to extend financial assistance to a deserving graduating senior from Ridge High School, located in Basking Ridge, New Jersey. This annual scholarship grant aims to support the students' higher education endeavors. The organization's commitment to education and community development is reflected in this meaningful initiative.


Official website here: www.ridgeams.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

Ridge Alumni Memorial Scholarship Inc has achieved an impressive 97% rating from Charity Navigator, indicating a high level of accountability and financial health. The score is derived entirely from one beacon focused on financial practices, highlighting the organization's commitment to transparency and responsible management.

The organization excels in several areas, including having a completely independent board of directors, with 100% of its members meeting this criterion. Furthermore, they have reported no material diversion of assets, ensuring that funds are used strictly for their intended purpose. Their strong policies surrounding conflict of interest, whistleblower practices, and document retention add to the trustworthiness of their operations.

Additionally, Ridge Alumni Memorial Scholarship Inc boasts a remarkable program expense ratio of 100%, demonstrating that all their resources directly support their charitable mission. The organization has no liabilities, which further solidifies its financial stability. Overall, the charity stands out for its solid governance and effective use of funds in fulfilling its mission to support alumni through scholarships.


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

Is Ridge Alumni Memorial Scholarship Inc legitimate?

Ridge Alumni Memorial Scholarship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridge Alumni Memorial Scholarship Inc 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.ridgeams.org

What is the mission statement of Ridge Alumni Memorial Scholarship Inc?

The Ridge Alumni Memorial Scholarship Inc is committed to providing an annual scholarship to a deserving graduate from Ridge High School. Their mission is centered around recognizing and supporting the academic achievements of a senior student, offering them financial assistance to further their education. By providing this scholarship, they aim to contribute to the educational journey of an individual, enabling them to pursue their future aspirations. The scholarship serves as a tribute to the memories and legacy of past alumni, fostering a sense of continuity and community within the school.


Official website here: www.ridgeams.org

Who is the CEO of Ridge Alumni Memorial Scholarship Inc?

Jane Cullinan is the Chair of Ridge Alumni Memorial Scholarship Inc.


Official website here: www.ridgeams.org

What is the revenue of Ridge Alumni Memorial Scholarship Inc?

Ridge Alumni Memorial Scholarship Inc's revenue in 2022 was $30,987.


Official website here: www.ridgeams.org

Who are the executives of Ridge Alumni Memorial Scholarship Inc and what are their salaries?

There 8 volunteers at Ridge Alumni Memorial Scholarship Inc.


Here are 8 key members and their salaries:


Jane Cullinan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Rickerson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Lincoln (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Sabella (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Sarokhan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Zerbo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Berger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Daggett (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ridgeams.org

Where can I find the form 990 for Ridge Alumni Memorial Scholarship Inc?

Ridge Alumni Memorial Scholarship Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ridgeams.org

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

Mission Statement of Ridge Alumni Memorial Scholarship Inc

Ridge Alumni Memorial Scholarship Inc is dedicated to honoring its mission by offering an annual scholarship to a deserving graduate from Ridge High School in Basking Ridge, New Jersey. This nonprofit organization aims to support the educational pursuits of a deserving student, providing them with much-needed financial assistance as they embark on their post-secondary journey. By offering this scholarship, Ridge Alumni Memorial Scholarship Inc plays a significant role in enabling students to overcome financial barriers and seize the opportunities that higher education presents. The organization's commitment to fostering educational growth and success is evident in its mission to provide this annual scholarship, empowering deserving students to reach their full potential.

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Impact




August, 2024

Ridge Alumni Memorial Scholarship Inc's impact is centered on providing an annual scholarship to a graduating senior at Ridge High School in Basking Ridge, NJ. By offering this scholarship, the organization contributes to the educational advancement and future prospects of deserving students, ultimately supporting the local community and fostering academic excellence.




This information is meant to be a general summary of Ridge Alumni Memorial Scholarship Inc. 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
$30,987 (2022)
Expenses
$20,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,737
  • Gross Receipts: $30,987

Assets and Liabilities:

  • Total Assets: $257,133
  • Total Liabilities: $0
  • Net Assets: $257,133

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Organization Details

Founding Year

2013

Principal Officer

Jane Cullinan

Main Address

77 Highland Avenue, Piedmont, CA, 94611

NTEE Category

Code: B82 - Education

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