Overview
What is Phi Upsilon Omicron Educational Foundation Inc?
Phi Upsilon Omicron Educational Foundation Inc is a nonprofit organization dedicated to supporting students and alumni in the field of family and consumer sciences. Through fundraising efforts, they grant scholarships, fellowships, and awards to deserving individuals, helping them pursue their academic goals. The foundation's mission is to inspire and nurture the next generation of professionals in this field. By providing financial aid, they enable students to focus on their studies and make significant contributions to family and consumer sciences in the future.
Official website here: www.phiu.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
The Phi Upsilon Omicron Educational Foundation Inc has achieved an outstanding Four-Star rating from Charity Navigator, reflecting a perfect score of 100% in Accountability & Finance. This high rating signifies strong organizational practices and a commitment to transparency, which are crucial for donor confidence and support.
The foundation demonstrates exemplary governance, with 85% of its board members being independent, ensuring unbiased decision-making. Additionally, there are no reported material diversions of assets, and the organization adheres to best practices, such as having a conflict of interest policy and a whistleblower policy in place. The foundation's program expense ratio is also impressive at 91.86%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs.
While the foundation shows strong financial health with a liabilities to assets ratio of 0.00%, it is essential for potential donors to review how these strengths align with their philanthropic goals. The overall transparency and accountability practices make it a trusted organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Phi Upsilon Omicron Educational Foundation Inc legitimate?
Phi Upsilon Omicron Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Upsilon Omicron Educational 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.
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
Official website here: www.phiu.org
What is the mission statement of Phi Upsilon Omicron Educational Foundation Inc?
The Phi Upsilon Omicron Educational Foundation, Inc., focuses on raising funds and distributing scholarships, fellowships, and awards to students and alumni in the field of family and consumer sciences, primarily at colleges and universities. This non-profit organization is committed to supporting individuals pursuing studies in this discipline, thereby enhancing their educational opportunities and prospects. By providing financial aid, the foundation aims to foster academic excellence and encourage the advancement of knowledge in family and consumer sciences.
Official website here: www.phiu.org
Who is the CEO of Phi Upsilon Omicron Educational Foundation Inc?
Melissa Martin is the Collegiate Rep of Phi Upsilon Omicron Educational Foundation Inc.
Official website here: www.phiu.org
What is the revenue of Phi Upsilon Omicron Educational Foundation Inc?
Phi Upsilon Omicron Educational Foundation Inc's revenue in 2022 was $150,578.
Official website here: www.phiu.org
Who are the executives of Phi Upsilon Omicron Educational Foundation Inc and what are their salaries?
There 200 volunteers at Phi Upsilon Omicron Educational Foundation Inc.
Here are 8 key members and their salaries:
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- Related: $64,500
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Official website here: www.phiu.org
Where can I find the form 990 for Phi Upsilon Omicron Educational Foundation Inc?
Phi Upsilon Omicron Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phiu.org
Learn more at the official website: www.phiu.org
Mission Statement of Phi Upsilon Omicron Educational Foundation Inc
Phi Upsilon Omicron Educational Foundation, Inc. is an organization dedicated to supporting the academic pursuits of students and alumni in the field of family and consumer sciences. Their mission involves raising funds and distributing scholarships, fellowships, and awards to these individuals. By doing so, they aim to provide financial assistance and recognize the achievements of those studying within this discipline. This nonprofit organization plays a crucial role in empowering the future leaders of family and consumer sciences.
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Impact
October, 2024
Phi Upsilon Omicron Educational Foundation Inc significantly impacts the field of family and consumer sciences by providing essential financial support to college and university students and alumni. Through the distribution of scholarships, fellowships, and awards, the foundation empowers individuals pursuing educational and professional goals in this vital area of study. By raising funds dedicated to these initiatives, the foundation fosters academic excellence, encourages research, and enhances career opportunities for those in the family and consumer sciences sector. This support not only aids recipients in achieving their personal aspirations but also contributes to the advancement of the discipline, ultimately benefiting communities at large.
This information is meant to be a general summary of Phi Upsilon Omicron Educational 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: $108,822
- Gross Receipts: $150,578
Assets and Liabilities:
- Total Assets: $3,110,849
- Total Liabilities: $0
- Net Assets: $3,110,849
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Organization Details
Founding Year
1970
Phone
(270) 904-1340Principal Officer
Melissa Martin
Main Address
PO BOX 50970, BOWLING GREEN, KY, 42102
Website
www.phiu.orgNTEE Category
Code: B830 - Education
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