Overview
What is Antigo Optimist Club - Red Robin Scholarship Foundation Inc?
Antigo Optimist Club - Red Robin Scholarship Foundation Inc, located in Antigo, Wisconsin, is a nonprofit organization committed to supporting academic achievements. It gathers contributions from the public and distributes these funds to colleges and universities, using them to grant scholarships. The organization's primary mission is to provide scholarships and awards, thus empowering students with financial aid for their higher education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Antigo Optimist Club - Red Robin Scholarship Foundation Inc has received a Two-Star rating from Charity Navigator, reflecting a total score of 73%. This rating is based solely on the Accountability & Finance beacon, indicating that the organization is primarily evaluated on its financial management and governance practices.
Strengths of the foundation include a fully independent board, with 10 out of 10 members being independent, and a strong program expense ratio of 89.72%. This suggests that a significant portion of their funds is directed towards their programs rather than administrative costs. Additionally, the organization has demonstrated good practices in documenting board meeting minutes and does not have any material diversions of assets.
While the foundation appears to have solid financial practices, the overall rating may suggest room for improvement in areas beyond financial accountability, such as transparency and impact reporting. However, the organization maintains a commendable liability-to-assets ratio of 0.34%, indicating a sound financial position.
This AI summary has been generated from information found on Charity Navigator.
Is Antigo Optimist Club - Red Robin Scholarship Foundation Inc legitimate?
Antigo Optimist Club - Red Robin Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Antigo Optimist Club - Red Robin Scholarship 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.
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What is the mission statement of Antigo Optimist Club - Red Robin Scholarship Foundation Inc?
The Antigo Optimist Club - Red Robin Scholarship Foundation Inc's mission is centered around providing financial assistance for academic achievements. They accomplish this by collecting contributions from the public and subsequently allocating these funds to colleges and universities, which then disburse the scholarships. Their primary goal is to support students in their educational pursuits, fostering academic excellence and encouraging higher learning.
Who is the CEO of Antigo Optimist Club - Red Robin Scholarship Foundation Inc?
Cindy Kuhls is the Vice Preside of Antigo Optimist Club - Red Robin Scholarship Foundation Inc.
What is the revenue of Antigo Optimist Club - Red Robin Scholarship Foundation Inc?
Antigo Optimist Club - Red Robin Scholarship Foundation Inc's revenue in 2023 was $197,215.
Who are the executives of Antigo Optimist Club - Red Robin Scholarship Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Antigo Optimist Club - Red Robin Scholarship Foundation Inc?
Antigo Optimist Club - Red Robin Scholarship Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Antigo Optimist Club - Red Robin Scholarship Foundation Inc
The Antigo Optimist Club - Red Robin Scholarship Foundation Inc is committed to providing scholarships and awards for academic achievement. This mission-driven organization receives contributions from the general public, which it then utilizes to fund scholarships at various colleges and universities. By offering these educational grants, the foundation aims to support and encourage young individuals in their academic pursuits. The Antigo Optimist Club - Red Robin Scholarship Foundation Inc's mission is a testament to its dedication to fostering knowledge and recognizing academic excellence.
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Impact
October, 2024
The Antigo Optimist Club - Red Robin Scholarship Foundation Inc significantly contributes to the educational landscape by providing scholarships and awards that recognize and promote academic achievement. By receiving contributions from the community, the organization plays a vital role in supporting students pursuing higher education. The funds are directly allocated to colleges and universities, ensuring that deserving students have access to financial resources that can alleviate the burden of tuition and related costs.
This scholarship initiative not only empowers individual students but also fosters a culture of academic excellence within the Antigo community. The financial support encourages more students to aspire to higher education, ultimately leading to a more educated workforce and enriching the overall community. Through its dedicated efforts, the foundation makes a meaningful impact on the lives of many students, helping to pave their paths to success.
This information is meant to be a general summary of Antigo Optimist Club - Red Robin Scholarship 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 2023.
- Investment Income: $103,918
- Gross Receipts: $555,135
Assets and Liabilities:
- Total Assets: $1,953,544
- Total Liabilities: $6,643
- Net Assets: $1,946,901
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Organization Details
Founding Year
1985
Phone
(715) 623-2346Principal Officer
Cindy Kuhls
Main Address
PO BOX 214, ANTIGO, WI, 54409
NTEE Category
Code: B82 - Education
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