Overview
What is Manual High School Alumni Assocscholarship Fund Trust Of Peoria?
Manual High School Alumni Assocscholarship Fund Trust of Peoria is a nonprofit organization located in Peoria, Illinois. Their primary focus is on offering college scholarships to deserving students, serving as a financial aid resource within the community. Through this mission, they aim to support the educational aspirations of local students, contributing to their personal and professional growth. The organization's activities and purpose revolve around the provision of scholarships, providing essential financial assistance to help students pursue higher education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating (73%)
The Manual High School Alumni Association Scholarship Fund Trust of Peoria has been rated as needing improvement, reflecting a score of 73%. The organization showcases strong accountability and finance practices, earning a perfect score in areas such as majority independent board members and the liabilities to assets ratio. This indicates a stable financial management structure, which is essential for maintaining donor trust and effective operations.
However, there are notable weaknesses in governance policies. The organization received no points for having active conflict of interest, whistleblower, and document retention policies, all of which are critical for transparency and ethical management. Additionally, the lack of a website listing and failure to post their tax forms online limit accessibility to important information for stakeholders and potential donors.
While the organization has solid financial practices, addressing these governance gaps is crucial for improving its overall rating and effectiveness. Strengthening policies related to conflicts of interest and ensuring essential documents are easily accessible could enhance transparency and foster greater confidence among supporters and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Manual High School Alumni Assocscholarship Fund Trust Of Peoria legitimate?
Manual High School Alumni Assocscholarship Fund Trust Of Peoria is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manual High School Alumni Assocscholarship Fund Trust Of Peoria 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:
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What is the mission statement of Manual High School Alumni Assocscholarship Fund Trust Of Peoria?
The Manual High School Alumni Assocscholarship Fund Trust, as a scholarship or financial aid organization, is committed to providing college scholarships to students. Its mission is centered around supporting the educational aspirations of individuals, enabling them to pursue higher education. The organization aims to alleviate financial burdens associated with college tuition, thereby opening up opportunities for academic growth and personal development. By offering scholarships, the fund contributes to the broader goal of fostering knowledge and skills, ultimately contributing to the betterment of society.
Who is the CEO of Manual High School Alumni Assocscholarship Fund Trust Of Peoria?
Erica Hanley is the President of Manual High School Alumni Assocscholarship Fund Trust Of Peoria.
What is the revenue of Manual High School Alumni Assocscholarship Fund Trust Of Peoria?
Manual High School Alumni Assocscholarship Fund Trust Of Peoria's revenue in 2022 was $67,135.
Who are the executives of Manual High School Alumni Assocscholarship Fund Trust Of Peoria and what are their salaries?
There 10 volunteers at Manual High School Alumni Assocscholarship Fund Trust Of Peoria.
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Where can I find the form 990 for Manual High School Alumni Assocscholarship Fund Trust Of Peoria?
Manual High School Alumni Assocscholarship Fund Trust Of Peoria's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Manual High School Alumni Assocscholarship Fund Trust Of Peoria
The Manual High School Alumni Assocscholarship Fund Trust, in its mission, focuses on providing college scholarships to students. This nonprofit organization aims to support the academic aspirations of students, enabling them to pursue higher education and potentially unlock their full potential. By offering scholarships, the Manual High School Alumni Assocscholarship Fund Trust seeks to alleviate financial burdens and provide opportunities that may otherwise be out of reach for many students. This mission underscores the organization's commitment to fostering educational growth and empowerment among its beneficiaries.
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Impact
August, 2024
Manual High School Alumni Assocscholarship Fund Trust of Peoria's impact is significant in providing college scholarships to students in Peoria, Illinois. By offering financial aid to deserving individuals, the organization plays a crucial role in enabling students to pursue higher education and achieve their academic goals. This support not only benefits the individual recipients but also contributes to the overall educational development and success of the community. Through their dedication to providing scholarships, the Manual High School Alumni Assocscholarship Fund Trust of Peoria is making a positive difference in the lives of students and helping to create a brighter future for the next generation.
This information is meant to be a general summary of Manual High School Alumni Assocscholarship Fund Trust Of Peoria. 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: $26,230
- Gross Receipts: $67,135
Assets and Liabilities:
- Total Assets: $1,062,393
- Total Liabilities: $0
- Net Assets: $1,062,393
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Organization Details
Founding Year
1955
Phone
(309) 696-2520Principal Officer
Erica Hanley
Main Address
811 S GRISWOLD ST, PEORIA, IL, 61605
NTEE Category
Code: B84Z - Education
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