Overview
What is Blue Earth Education Assistance Inc?
Blue Earth Education Assistance Inc is a nonprofit organization dedicated to empowering students by promoting higher education. They achieve this goal by offering scholarships and various higher education opportunities to local students. Their mission is deeply rooted in the belief that every student deserves access to quality education, and they strive to make this a reality through their programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Blue Earth Education Assistance Inc has earned a Three-Star rating on Charity Navigator, indicating a good level of accountability and financial health. The charity's strong accountability and finance score of 80 reflects a well-managed organization, particularly highlighted by its fully independent board and a perfect score in material diversion of assets. Additionally, the program expense ratio stands at an impressive 95.73%, suggesting that a significant portion of its resources is directed towards its educational initiatives.
However, the organization does face some limitations that may affect its overall score. Notably, the absence of a whistleblower policy and a document retention and destruction policy resulted in zero points in those categories. Although it has documented board meeting minutes, these missing policies may raise concerns about governance practices. Additionally, while the culture and community score of 73 indicates some positive engagement, there is room for improvement in this area.
Overall, Blue Earth Education Assistance Inc demonstrates a commitment to effective program delivery and financial transparency, while also needing to enhance certain governance policies to ensure comprehensive organizational health.
This AI summary has been generated from information found on Charity Navigator.
Is Blue Earth Education Assistance Inc legitimate?
Blue Earth Education Assistance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Earth Education Assistance 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 Blue Earth Education Assistance Inc?
Blue Earth Education Assistance Inc is committed to promoting higher education for all students. They achieve this goal by offering scholarships and facilitating higher education opportunities. The organization provides financial aid to local students, fostering access to quality education for a diverse range of learners. Their mission is to make higher education more accessible and inclusive, empowering students to pursue their academic dreams and build a better future for themselves.
Who is the CEO of Blue Earth Education Assistance Inc?
Gary Holmseth is the President of Blue Earth Education Assistance Inc.
What is the revenue of Blue Earth Education Assistance Inc?
Blue Earth Education Assistance Inc's revenue in 2022 was $64,077.
Who are the executives of Blue Earth Education Assistance Inc and what are their salaries?
There 12 volunteers at Blue Earth Education Assistance Inc.
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Where can I find the form 990 for Blue Earth Education Assistance Inc?
Blue Earth Education Assistance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blue Earth Education Assistance Inc
Blue Earth Education Assistance, a nonprofit organization, is committed to promoting higher education for all students. They achieve this mission by offering scholarships and providing opportunities for higher education. By doing so, Blue Earth Education Assistance aims to empower students, enabling them to pursue their academic goals and potentially shape their futures. The organization's programs focus on providing financial support to area students, making education more accessible and affordable for a wide range of individuals.
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Impact
August, 2024
Blue Earth Education Assistance Inc has a significant impact on promoting higher education for all students through scholarships and higher education opportunities. The organization's programs provide scholarships to area students in Blue Earth, MN, enabling them to pursue their academic goals and achieve their full potential. By supporting students in their educational journey, Blue Earth Education Assistance Inc is contributing to the growth and development of individuals within the community, fostering a culture of learning and achievement. Through their dedication to promoting higher education, the organization is making a positive difference in the lives of students and empowering them to succeed in their academic pursuits.
This information is meant to be a general summary of Blue Earth Education Assistance 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: $28,892
- Gross Receipts: $157,832
Assets and Liabilities:
- Total Assets: $785,105
- Total Liabilities: $0
- Net Assets: $785,105
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Organization Details
Founding Year
1975
Phone
(507) 526-2177Principal Officer
Gary Holmseth
Main Address
PO BOX 95, BLUE EARTH, MN, 56013
NTEE Category
Code: X99 - Religion related
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