Overview
What is Hudson Educational Fund?
Hudson Educational Fund is a nonprofit organization situated in Hudson, Iowa, specifically at 136 S Washington St. Their primary mission is to promote education within the Hudson Community School District and its surrounding area. To achieve this goal, they offer scholarships to deserving students. These scholarships are funded by contributions from community members, faculty, and staff. During the fiscal year ending June 30, 2023, the fund awarded 61 scholarships amounting to $61,478. The fund aims to empower and support the educational pursuits of residents and others within the community district by providing necessary programs, physical needs, and scholarship assistance as required.
Official website here: www.hudsonpiratepride.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Hudson Educational Fund has achieved a score of 76%, reflecting its overall performance in the realm of accountability and finance. With a focus primarily on these areas, the organization excels in several metrics, including having an entirely independent board and a strong ratio of program expenses, with 84.64% dedicated to its programs. However, the rating indicates a lack of essential policies, such as conflict of interest and whistleblower policies, which could impact governance and transparency.
Despite its strong financial practices and the absence of material asset diversion, the absence of several governance policies raises concerns. The charity is encouraged to implement these policies to enhance its accountability framework. The organization has made progress in demonstrating fiscal responsibility, but the missing documentation and policies could detract from its overall credibility in the eyes of potential donors and stakeholders.
In conclusion, while Hudson Educational Fund shows strong financial health and governance through its independent board and efficient use of funds, addressing the gaps in policies and documentation will be essential for improving its overall rating and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hudson Educational Fund legitimate?
Hudson Educational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hudson Educational Fund 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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Official website here: www.hudsonpiratepride.com
What is the mission statement of Hudson Educational Fund?
The Hudson Educational Fund is dedicated to advancing education for residents and others within the Hudson Community School District. This is achieved by providing various programs, addressing physical needs, and offering scholarship assistance as needed or desired. The organization's mission is to support students in the district by providing scholarships, with 61 scholarships worth $61,478 awarded during the year ending June 30, 2023, being a testament to their commitment.
Official website here: www.hudsonpiratepride.com
Who is the CEO of Hudson Educational Fund?
Brian Mccullough is the President of Hudson Educational Fund.
Official website here: www.hudsonpiratepride.com
What is the revenue of Hudson Educational Fund?
Hudson Educational Fund's revenue in 2023 was $36,426.
Official website here: www.hudsonpiratepride.com
Who are the executives of Hudson Educational Fund and what are their salaries?
There 18 volunteers at Hudson Educational Fund.
Here are 16 key members and their salaries:
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Official website here: www.hudsonpiratepride.com
Where can I find the form 990 for Hudson Educational Fund?
Hudson Educational Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hudsonpiratepride.com
Learn more at the official website: www.hudsonpiratepride.com
Mission Statement of Hudson Educational Fund
Hudson Educational Fund, a nonprofit organization, is committed to advancing education for residents and others within the Hudson Community School District. To achieve this mission, the fund provides various programs, addresses physical needs, and offers scholarship assistance as needed or desired. By doing so, Hudson Educational Fund aims to contribute to the overall educational development of the community.
In particular, the organization awards scholarships to students from the Hudson Community School District. These scholarships are funded by contributions from community members, faculty, and staff. During the year ending June 30, 2023, Hudson Educational Fund distributed 61 scholarships amounting to $61,478. This financial assistance plays a crucial role in helping students pursue their educational goals.
In summary, Hudson Educational Fund's mission is to foster education in the Hudson Community School District. Through providing scholarships, programs, and addressing physical needs, the organization strives to empower students and contribute to their educational journey. By doing so, Hudson Educational Fund aims to positively impact the community and support the continued growth and development of its students.
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Impact
August, 2024
Hudson Educational Fund's impact is significant in furthering education for residents of the Hudson Community School District. Through providing scholarships to students, the fund supports their educational pursuits and helps alleviate financial burdens for those seeking to enhance their learning opportunities. By awarding 61 scholarships totaling $61,478 in the most recent fiscal year, the fund directly contributes to the educational advancement of individuals within the community. This assistance not only fosters academic growth but also promotes a culture of support and investment in education among community members, faculty, and staff. The fund's dedication to enhancing educational opportunities underscores its commitment to empowering individuals to achieve their academic goals and positively impact the community as a whole.
This information is meant to be a general summary of Hudson Educational Fund. 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: -$8,971
- Gross Receipts: $358,172
Assets and Liabilities:
- Total Assets: $711,059
- Total Liabilities: $0
- Net Assets: $711,059
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Organization Details
Founding Year
1997
Phone
(319) 277-2500Principal Officer
Brian Mccullough
Main Address
136 S WASHINGTON ST, HUDSON, IA, 50643
Website
www.hudsonpiratepride.comNTEE Category
Code: B82 - Education
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