Overview
What is Houghton Portage Township Schools Foundation Inc?
Houghton Portage Township Schools Foundation Inc is a charitable organization located at 1603 GUNDLACH RD, Houghton, MI 49931. Their primary mission is to contribute significantly to the education of students from Houghton Portage Township Schools by engaging in the development, implementation, or maintenance of educational programs. Specifically, they provide direct financial assistance in the form of scholarships to 25 deserving students pursuing higher education. The foundation strives to support the educational growth and opportunities for students within its community.
Official website here: www.hptsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Houghton Portage Township Schools Foundation Inc has received a Three-Star rating from Charity Navigator, with an overall score of 76%. This score reflects a strong emphasis on Accountability & Finance, which is crucial for potential donors assessing the charity's operational integrity. The foundation demonstrates a commitment to transparency, evidenced by its independent board composition and the absence of material asset diversion.
Strengths include a fully independent board, effective management of liabilities with a low ratio of 2.00%, and a high program expense ratio of 86.33%, indicating that a significant portion of funds is directed toward its programs. However, the organization lacks certain policies, such as a conflict of interest policy and a whistleblower policy, which may raise concerns regarding governance and oversight.
Overall, while the foundation showcases strong financial accountability and programmatic efficiency, the absence of certain governance policies could be a limitation for potential donors who prioritize comprehensive oversight practices in nonprofit organizations.
This AI summary has been generated from information found on Charity Navigator.
Is Houghton Portage Township Schools Foundation Inc legitimate?
Houghton Portage Township Schools Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houghton Portage Township Schools Foundation 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.hptsfoundation.org
What is the mission statement of Houghton Portage Township Schools Foundation Inc?
The Houghton Portage Township Schools Foundation Inc's mission is centered around supporting the educational growth of students. Specifically, the foundation assists in the development, implementation, or maintenance of educational programs that have a significant impact on the learning experience of students in the Houghton Portage Township Schools. In addition to this, the foundation provides direct higher education scholarships to 25 deserving students. By doing so, it aims to contribute to their future academic success and personal development. The foundation's activities are geared towards enhancing the quality of education and providing opportunities for students to excel in their academic pursuits.
Official website here: www.hptsfoundation.org
What is the revenue of Houghton Portage Township Schools Foundation Inc?
Houghton Portage Township Schools Foundation Inc's revenue in 2024 was $60,661.
Official website here: www.hptsfoundation.org
Who are the executives of Houghton Portage Township Schools Foundation Inc and what are their salaries?
There 8 volunteers at Houghton Portage Township Schools Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hptsfoundation.org
Where can I find the form 990 for Houghton Portage Township Schools Foundation Inc?
Houghton Portage Township Schools Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.hptsfoundation.org
Learn more at the official website: www.hptsfoundation.org
Mission Statement of Houghton Portage Township Schools Foundation Inc
The Houghton Portage Township Schools Foundation Inc is dedicated to supporting the educational growth of students within the Houghton Portage Township Schools. Their mission is centered around aiding in the development, implementation, or maintenance of educational programs that have a significant impact on the learning experience of these students. By doing so, the foundation seeks to contribute positively to the overall educational landscape of the school system.
In a more practical sense, the Houghton Portage Township Schools Foundation Inc works towards achieving its mission by providing direct higher education scholarships to 25 deserving students. This financial aid not only helps to lessen the financial burden of pursuing higher education but also opens up opportunities for these students to further their knowledge and skills, ultimately contributing to their personal growth and the betterment of their communities. The foundation's efforts in this regard aim to empower students and equip them with the tools necessary to succeed in their academic pursuits.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Houghton Portage Township Schools Foundation Inc directly impacts the education of students in the Houghton Portage Township School district by providing direct higher education scholarships to 25 students. Through this initiative, the foundation significantly contributes to the educational development of these students, helping them pursue their academic goals and aspirations. In doing so, the foundation plays a crucial role in empowering the next generation of learners in the community.
This information is meant to be a general summary of Houghton Portage Township Schools Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $21,534
- Gross Receipts: $168,402
Assets and Liabilities:
- Total Assets: $768,469
- Total Liabilities: $15,502
- Net Assets: $752,967
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2001
Principal Officer
Sue Mewbourn
Website
www.hptsfoundation.orgNTEE Category
Code: T30Z - Philanthropy
If you are a representative of Houghton Portage Township Schools Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.