Fennimore Community Scholarship

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

EIN: 391599393 ✦ Fennimore, WI ✦ Designated as a 501(c)(3)

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Overview

What is Fennimore Community Scholarship?

The Fennimore Community Scholarship is a charitable organization situated in Fennimore, Wisconsin. Its primary goal is to fund scholarships for graduating seniors from Fennimore High School, with the ultimate aim of establishing a lasting endowment for this purpose. Through their initiatives, they contribute financially towards college scholarships for deserving students, thereby supporting their higher education journey.


Official website here: www.fhsscholarships.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Stars

The Fennimore Community Scholarship has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The score is primarily influenced by a lack of independent board members and missing essential governance policies, such as conflict of interest and whistleblower policies. While the organization demonstrates a strong program expense ratio of 99.81%, the overall lack of governance oversight raises questions about its operational integrity.

Despite some positive aspects, such as no material diversion of assets and a solid liability to assets ratio, the absence of independent board members and missing essential policies presents a significant limitation. The organization has also failed to post its tax form on its website, which further contributes to the low accountability score. These factors suggest that the organization may need to improve its governance practices to enhance transparency and build trust with its stakeholders.

Overall, while the Fennimore Community Scholarship is effectively directing its resources towards its programs, the lack of independent oversight and governance policies could hinder its credibility and long-term effectiveness. Addressing these issues would be crucial for enhancing its standing and ensuring sustainable operations.


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

Is Fennimore Community Scholarship legitimate?

Fennimore Community Scholarship is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fennimore Community Scholarship 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.fhsscholarships.com

What is the mission statement of Fennimore Community Scholarship?

The Fennimore Community Scholarship's mission is centered around raising funds with the objective of establishing a lasting endowment. This endowment is intended for providing scholarly financial aid to graduating seniors from Fennimore, Wisconsin, High School. The organization's activities primarily focus on offering college scholarships, aiming to support the educational aspirations of young individuals in the community.


Official website here: www.fhsscholarships.com

Who is the CEO of Fennimore Community Scholarship?

Camille Chappell is the Treasurer of Fennimore Community Scholarship.


Official website here: www.fhsscholarships.com

What is the revenue of Fennimore Community Scholarship?

Fennimore Community Scholarship's revenue in 2022 was $460,750.


Official website here: www.fhsscholarships.com

Who are the executives of Fennimore Community Scholarship and what are their salaries?


Here are 3 key members and their salaries:


Larry Albrecht (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Camille Chappell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Riley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fhsscholarships.com

Where can I find the form 990 for Fennimore Community Scholarship?

Fennimore Community Scholarship's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fhsscholarships.com

Learn more at the official website: www.fhsscholarships.com

Mission Statement of Fennimore Community Scholarship

The Fennimore Community Scholarship, as an organization, is dedicated to raising funds with the ultimate goal of establishing a perpetual endowment. This endowment serves to provide scholarships for graduating seniors hailing from Fennimore High School in Wisconsin. By contributing to scholarship funds, the Fennimore Community Scholarship aims to support the educational aspirations of its local community's youth, thereby investing in their future. The mission of this nonprofit is to empower young individuals by providing them with financial aid, thereby opening doors to higher education and opportunities for personal growth.

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Impact




July, 2024

The Fennimore Community Scholarship has a significant impact on the educational aspirations of graduating seniors from Fennimore High School in Wisconsin. By funding scholarship contributions and raising money to establish a permanent endowment, this organization plays a crucial role in providing financial support to students pursuing higher education. Through its programs, the Fennimore Community Scholarship helps ease the financial burden of college tuition for deserving students, enabling them to achieve their academic and career goals. This support not only benefits the individual recipients but also contributes to the overall educational advancement and economic development of the community.




This information is meant to be a general summary of Fennimore Community Scholarship. 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
$460,750 (2022)
Expenses
$1,378,926 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,781
  • Gross Receipts: $460,750

Assets and Liabilities:

  • Total Assets: $197,922
  • Total Liabilities: $0
  • Net Assets: $197,922

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Organization Details

Founding Year

1985

Principal Officer

Camille Chappell

Main Address

1397 9TH STREET, FENNIMORE, WI, 53809

NTEE Category

Code: B82 - Education

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