Overview
What is Adna Scholarship Foundation?
The Adna Scholarship Foundation, located in Adna, Washington, is a nonprofit organization that focuses on expanding access to higher education for residents of the Adna School District attendance area. They achieve this mission by promoting local scholarships, raising funds for student aid distribution, and distributing awards to deserving students in a fair and non-discriminatory manner. The foundation's primary activity is to provide scholarships to students pursuing higher education, with the goal of making education more accessible within their community. They operate from a PO Box in Adna, Washington.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Adna Scholarship Foundation has received a Three-Star rating, indicating solid performance in accountability and finance. The overall score reflects strong governance practices, with a fully independent board and no material diversion of assets. These factors contribute to a high level of trust, showcasing the organization’s commitment to responsible financial management.
One of the foundation's standout features is its excellent program expense ratio of 93.74%, which indicates that a significant portion of its funds is directed toward its programs rather than administrative costs. The foundation also demonstrates strong accountability practices, including a documented conflict of interest policy and the availability of board meeting minutes, which enhances transparency for donors and stakeholders.
Despite its strengths, the data provided does not reveal any specific areas for improvement or challenges faced by the foundation. Overall, the Adna Scholarship Foundation appears to be a well-managed organization, dedicated to its mission while maintaining high standards of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Adna Scholarship Foundation legitimate?
Adna Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adna Scholarship Foundation 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
What is the mission statement of Adna Scholarship Foundation?
The Adna Scholarship Foundation's mission is focused on expanding access to higher education for local students. They achieve this by developing an organizational structure, promoting the cause of local scholarships, raising funds for student aid distribution, and distributing awards to students on a fair and non-discriminatory basis, all within the attendance area of the Adna School District in Washington State.
Who is the CEO of Adna Scholarship Foundation?
Sarah Johnson is the President of Adna Scholarship Foundation.
What is the revenue of Adna Scholarship Foundation?
Adna Scholarship Foundation's revenue in 2022 was $65,516.
Who are the executives of Adna Scholarship Foundation and what are their salaries?
There 20 volunteers at Adna Scholarship Foundation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Adna Scholarship Foundation?
Adna Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Adna Scholarship Foundation
The Adna Scholarship Foundation, a nonprofit organization, is committed to expanding access to higher education for residents of the community within the Adna School District attendance area in the state of Washington. To achieve this mission, the foundation develops an organizational structure, actively promotes local scholarships, raises funds for student aid distribution, and distributes awards to students in a fair and non-discriminatory manner. The ultimate goal is to empower students in the community by providing them with the financial means to pursue higher education, thereby enhancing their opportunities for personal growth and success.
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Impact
August, 2024
The Adna Scholarship Foundation has a significant impact on the community by providing scholarships to resident students in the Adna School District in Washington. This not only expands access to higher education but also supports students in pursuing their academic goals. Through its efforts to raise funds and distribute awards fairly, the foundation plays a vital role in promoting the cause of local scholarships and helping students achieve their educational aspirations.
This information is meant to be a general summary of Adna Scholarship Foundation. 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: $1,979
- Gross Receipts: $77,309
Assets and Liabilities:
- Total Assets: $693,943
- Total Liabilities: $0
- Net Assets: $693,943
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Organization Details
Founding Year
1992
Phone
(360) 508-1357Principal Officer
Sarah Johnson
Main Address
PO BOX 93, ADNA, WA, 98522
NTEE Category
Code: B82 - Education
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