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Nsa Florida Chapter Scholarship Foundation Inc

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

EIN: 455378666 ✦ Miramar, FL ✦ Designated as a 501(c)(3)

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Overview

What is Nsa Florida Chapter Scholarship Foundation Inc?

Nsa Florida Chapter Scholarship Foundation Inc, located at 3000 SW 148TH AVENUE 110, Miramar, FL 33027, is a nonprofit organization dedicated to fostering academic excellence and higher education. They achieve this goal by granting scholarships to deserving high school and college students. The foundation's primary mission is to support the pursuit of knowledge and recognition for qualified individuals, contributing to their personal growth and future success.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 stars. The Nsa Florida Chapter Scholarship Foundation Inc has been rated with a very low score of 11%, which reflects significant concerns regarding its accountability and financial practices. This rating indicates potential issues that may affect donors' trust in the organization.

One major area of concern is the complete lack of independent board members, which raises questions about governance and oversight. Furthermore, the organization has failed to implement essential policies, such as a conflict of interest policy and a whistleblower policy, both of which are critical for transparency and ethical operations. Additionally, the absence of meeting minutes and other key documentation on its website further diminishes its credibility.

While the organization does not have a record of material diversion of assets, its financial ratios reveal considerable weaknesses, including a high liabilities-to-assets ratio and a low program expense ratio. This suggests that a minimal portion of its resources is being directed towards its intended charitable programs, which could undermine its effectiveness in fulfilling its mission.


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

Is Nsa Florida Chapter Scholarship Foundation Inc legitimate?

Nsa Florida Chapter Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nsa Florida Chapter Scholarship 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

What is the mission statement of Nsa Florida Chapter Scholarship Foundation Inc?

The Nsa Florida Chapter Scholarship Foundation Inc is dedicated to fostering academic achievement and furthering higher education. They achieve this objective by granting scholarships to deserving high school and college students who meet the qualification criteria. This non-profit organization's mission is centered around recognizing and supporting individuals with a strong academic background and potential, providing them with financial assistance to pursue their educational goals. By offering scholarships, the foundation aims to make higher education more accessible and within reach for promising students.

Who is the CEO of Nsa Florida Chapter Scholarship Foundation Inc?

Raifiz Vargas is the President of Nsa Florida Chapter Scholarship Foundation Inc.

What is the revenue of Nsa Florida Chapter Scholarship Foundation Inc?

Nsa Florida Chapter Scholarship Foundation Inc's revenue in 2022 was $32,485.

Who are the executives of Nsa Florida Chapter Scholarship Foundation Inc and what are their salaries?


Here are 9 key members and their salaries:


Richard Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rafael Torres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rafael Castro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan F Espinal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Hernandez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanio Diaz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raifiz Vargas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vladamir Baez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nsa Florida Chapter Scholarship Foundation Inc?

Nsa Florida Chapter Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Nsa Florida Chapter Scholarship Foundation Inc

The Nsa Florida Chapter Scholarship Foundation Inc is dedicated to fostering achievement and encouraging higher education by granting scholarships to deserving high school and college students. This nonprofit organization's mission is to serve as a catalyst for academic growth, providing financial assistance to those demonstrating outstanding potential and commitment to their studies. By awarding scholarships, the Nsa Florida Chapter Scholarship Foundation Inc aims to empower young individuals, enabling them to pursue their educational aspirations and ultimately contribute to society in a meaningful way. The organization's mission is a testament to its belief in the transformative power of education and its commitment to supporting those who strive for academic excellence.

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Impact




August, 2024

Nsa Florida Chapter Scholarship Foundation Inc's impact is clear and significant: it directly contributes to promoting achievement and higher education by awarding scholarships to qualified high school and college students. Through its activities, the foundation empowers deserving individuals to pursue their educational goals, thereby fostering a brighter future for the recipients and positively impacting their communities.




This information is meant to be a general summary of Nsa Florida Chapter Scholarship 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.

Revenue
$32,485 (2022)
Expenses
$73,344 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $32,485

Assets and Liabilities:

  • Total Assets: $63,140
  • Total Liabilities: $28,069
  • Net Assets: $35,071

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Organization Details

Founding Year

2012

Principal Officer

Raifiz Vargas

Main Address

3000 SW 148TH AVENUE 110, MIRAMAR, FL, 33027

NTEE Category

Code: B82 - Education

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