Overview
What is Washington High School Alumni Scholarship Foundation Inc?
The Washington High School Alumni Scholarship Foundation Inc, located in Milwaukee, Wisconsin, is a nonprofit organization with a primary mission to support students at Washington High School. They accomplish this by awarding scholarships to graduating seniors, thereby investing in their future education. Beyond scholarships, the foundation also provides additional benefits to these students, ensuring they have the necessary resources to excel academically and personally.
Official website here: www.milwaukeewashington100.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, Two-Star out of Four Star rating.
The Washington High School Alumni Scholarship Foundation Inc has received a Two-Star rating, indicating some strengths but also notable areas for improvement. The organization excels in impact measurement, scoring a perfect 100, highlighting its effectiveness in increasing scholarship recipients' incomes significantly. However, its overall accountability and finance score is lower at 36, which may raise concerns regarding financial management practices.
Strengths include a fully independent board with a complete score in both majority independent board members and the size of the board. The organization also demonstrates no material diversion of assets, which is a positive sign of financial integrity. Despite these strengths, the lack of key policies, such as conflict of interest, whistleblower, and document retention policies, suggests potential gaps in governance that could affect transparency and accountability.
Financially, the organization has a program expense ratio of 45.30%, indicating that less than half of its expenditures are directly tied to its programs. Additionally, the liabilities to assets ratio is reported at 0.00%, raising questions about financial leverage. The nonprofit's website does not include essential documents like the tax form, which further complicates its accountability profile. Overall, while the organization shows strong impact, its governance and financial practices warrant attention.
This AI summary has been generated from information found on Charity Navigator.
Is Washington High School Alumni Scholarship Foundation Inc legitimate?
Washington High School Alumni Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington High School Alumni 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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Official website here: www.milwaukeewashington100.com
What is the mission statement of Washington High School Alumni Scholarship Foundation Inc?
The Washington High School Alumni Scholarship Foundation's primary objective is to award scholarships to seniors graduating from Washington High School. Beyond scholarships, the foundation also extends additional benefits to students at the school. Its mission is centered around supporting the educational journey of its alma mater's students, fostering opportunities for their future success. The foundation's activities aim to contribute positively to the students' lives, providing them with resources and assistance that can help them thrive.
Official website here: www.milwaukeewashington100.com
Who is the CEO of Washington High School Alumni Scholarship Foundation Inc?
Martin Brown is the President of Washington High School Alumni Scholarship Foundation Inc.
Official website here: www.milwaukeewashington100.com
What is the revenue of Washington High School Alumni Scholarship Foundation Inc?
Washington High School Alumni Scholarship Foundation Inc's revenue in 2022 was -$113,730.
Official website here: www.milwaukeewashington100.com
Who are the executives of Washington High School Alumni Scholarship Foundation Inc and what are their salaries?
There 10 volunteers at Washington High School Alumni Scholarship Foundation Inc.
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Official website here: www.milwaukeewashington100.com
Where can I find the form 990 for Washington High School Alumni Scholarship Foundation Inc?
Washington High School Alumni Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.milwaukeewashington100.com
Learn more at the official website: www.milwaukeewashington100.com
Mission Statement of Washington High School Alumni Scholarship Foundation Inc
The Washington High School Alumni Scholarship Foundation is an organization dedicated to awarding scholarships to graduating seniors from Washington High School. This nonprofit's mission is to financially support the educational aspirations of these students, providing them with the means to pursue their future endeavors. Beyond scholarship awards, the foundation also extends other benefits to the students of Washington High School, contributing positively to their overall development and success.
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Impact
October, 2024
Washington High School Alumni Scholarship Foundation Inc significantly impacts the educational landscape for graduating seniors at Washington High School in Milwaukee, WI. By awarding scholarships, it enables students to pursue higher education opportunities that may otherwise be financially unattainable. This support not only alleviates the burden of tuition costs but also empowers students to focus on their academic and personal growth.
Additionally, the foundation provides other benefits that enhance the overall experience of students at Washington High School. By fostering a sense of community and encouraging alumni engagement, the foundation helps create a supportive environment for current students, inspiring them to strive for excellence and envision successful futures. The scholarship foundation contributes to shaping a brighter tomorrow for these students, supporting their ambitions and aspirations.
This information is meant to be a general summary of Washington High School Alumni 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 2022.
- Investment Income: -$129,811
- Gross Receipts: $2,273,600
Assets and Liabilities:
- Total Assets: $1,227,340
- Total Liabilities: $0
- Net Assets: $1,227,340
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Organization Details
Founding Year
1961
Phone
(920) 205-8556Principal Officer
Martin Brown
Main Address
PO BOX 170321, MILWAUKEE, WI, 53217
NTEE Category
Code: B82Z - Education
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