Overview
What is The Nlha Education Fund?
The Nlha Education Fund is a nonprofit organization situated at 1900 L Street NW, Washington, DC 20036. Its primary mission is to provide financial assistance to students pursuing higher education, aiming to enable senior and undergraduate students to seize these opportunities. The fund's activities are geared towards awarding education grants and scholarships to low-income individuals residing in federally assisted rental housing managed or owned by NLHA.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that The Nlha Education Fund meets basic standards for accountability and transparency, but there are areas needing improvement. The high scores for majority independent board members and program expense ratio reflect a commitment to governance and prioritizing funding for programs.
The organization showcases strengths in its governance with 100% independent board members and a solid record of no material diversion of assets. They also demonstrate a robust program expense ratio, indicating that all their expenses are directed towards their programs. However, the absence of certain policies such as a conflict of interest policy and a whistleblower policy raises concerns about the organization’s overall accountability.
Despite the commendable governance aspects, the missing disclosures for tax forms and critical policies could hinder transparency. Addressing these gaps would enhance trust and demonstrate a more comprehensive commitment to ethical stewardship of resources. Overall, while The Nlha Education Fund has a solid base, improvements in documentation and policy frameworks are necessary for a stronger rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is The Nlha Education Fund legitimate?
The Nlha Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nlha Education 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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What is the mission statement of The Nlha Education Fund?
The Nlha Education Fund's mission is centered around providing financial aid. Specifically, they award education grants and scholarships to individuals with low income, residing in housing that is either owned, managed, or administered by the National Housing Learning and Leadership Collaborative (NLHA), which is federally assisted. This fund aims to enable senior and undergraduate students to pursue higher education opportunities. The scholarship program provided by The Nlha Education Fund is instrumental in providing a pathway to higher education for individuals who may otherwise face financial constraints.
What is the revenue of The Nlha Education Fund?
The Nlha Education Fund's revenue in 2024 was $174,209.
Who are the executives of The Nlha Education Fund and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for The Nlha Education Fund?
The Nlha Education Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Nlha Education Fund
The Nlha Education Fund is committed to providing financial assistance to individuals seeking higher education. This nonprofit organization aims to award education grants and scholarships to low-income individuals residing in federally assisted rental housing. By offering this scholarship program, The Nlha Education Fund enables senior and undergraduate students to pursue opportunities for higher education, thereby empowering them to improve their lives and prospects.
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Impact
October, 2024
The Nlha Education Fund significantly impacts individuals seeking higher education by providing crucial financial assistance. Through its scholarship program, it enables senior and undergraduate students from low-income backgrounds to pursue educational opportunities that might otherwise be inaccessible. By focusing on individuals residing in federally assisted rental housing, the fund addresses systemic barriers to education, fostering greater equity and opportunity. This initiative not only empowers students to achieve their academic goals but also contributes to the development of a more educated and skilled workforce. The fund's commitment to education enhances community resilience and promotes long-term socioeconomic benefits.
This information is meant to be a general summary of The Nlha Education 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 2024.
- Investment Income: $859
- Gross Receipts: $174,209
Assets and Liabilities:
- Total Assets: $769,848
- Total Liabilities: $0
- Net Assets: $769,848
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Organization Details
Founding Year
2007
Principal Officer
Denise Muha
NTEE Category
Code: B82 - Education
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