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South Hills Academy Foundation

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

EIN: 421663078 ✦ Alhambra, CA ✦ Designated as a 501(c)(3)

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Overview

What is South Hills Academy Foundation?

The South Hills Academy Foundation is a charitable organization situated in Alhambra, California. Its primary mission is to provide financial aid in the form of scholarships to deserving students, enabling them to pursue their education. The organization's core activity revolves around implementing this scholarship program, offering a vital service to students who might otherwise struggle to afford their education. By granting these scholarships, the South Hills Academy Foundation plays a crucial role in supporting the educational aspirations of qualified students.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 50%, One-Star out of Four Star Rating

The South Hills Academy Foundation holds a 50% rating from Charity Navigator, reflecting significant concerns regarding its governance and transparency. With a lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections, the organization exhibits weaknesses in accountability and operational practices.

On a positive note, the foundation has demonstrated strong financial management, with a program expense ratio of 96.86%, indicating that a substantial portion of its funds is directed toward its programs. Additionally, it has no material diversion of assets, which is a reassuring factor for potential donors.

However, the absence of standard governance documents and policies raises red flags about its overall management and adherence to best practices. Prospective donors should weigh these concerns carefully before contributing, as the lack of transparency and accountability may impact the foundation's effectiveness in achieving its mission.


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

Is South Hills Academy Foundation legitimate?

South Hills Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Hills Academy 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 South Hills Academy Foundation?

The South Hills Academy Foundation's mission is centered around implementing a scholarship program for qualified students. By doing so, it aims to provide financial aid, enabling these students to attend schools. The organization's primary focus lies in facilitating student financial aid services, with its main activities revolving around awarding scholarship grants. Although not explicitly stated, one can infer that the foundation's mission is also to enhance educational opportunities for deserving students who may face financial constraints. Overall, the South Hills Academy Foundation seeks to empower students to pursue their education by alleviating financial barriers.

Who is the CEO of South Hills Academy Foundation?

Ivy Sun is the President of South Hills Academy Foundation.

What is the revenue of South Hills Academy Foundation?

South Hills Academy Foundation's revenue in 2022 was $14,000.

Who are the executives of South Hills Academy Foundation and what are their salaries?


Here are 3 key members and their salaries:


Ivy Sun (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine K Shen (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Sun (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for South Hills Academy Foundation?

South Hills Academy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of South Hills Academy Foundation

The South Hills Academy Foundation's mission centers around implementing a scholarship program for qualified students, enabling them to attend schools. This nonprofit organization is dedicated to facilitating financial aid services, with its primary role being the distribution of scholarship awards. By providing this support, South Hills Academy Foundation contributes to making educational opportunities more accessible for deserving students.

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Impact




August, 2024

South Hills Academy Foundation's impact is significant in providing financial assistance to qualified students, enabling them to attend schools through its scholarship program. By awarding scholarship awards, the foundation plays a crucial role in facilitating student access to education. This support helps students pursue their academic goals and contributes to the advancement of education in the community.




This information is meant to be a general summary of South Hills Academy 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.

Revenue
$14,000 (2022)
Expenses
$14,245 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $14,000

Assets and Liabilities:

  • Total Assets: $41,127
  • Total Liabilities: $0
  • Net Assets: $41,127

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Organization Details

Founding Year

2004

Principal Officer

Ivy Sun

Main Address

248 E MAIN STREET SUITE 202, ALHAMBRA, CA, 91801

NTEE Category

Code: B82 - Education

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