Overview
What is South Port Square Scholarship Fund Inc?
South Port Square Scholarship Fund Inc is a nonprofit organization situated in Port Charlotte, Florida, specifically at 23033 Westchester Blvd, 33980. The fund's primary objective is to collect donations for the purpose of granting awards, scholarships, and financial aid to eligible employees of South Port Square. By investing these funds, the organization aims to support and recognize deserving individuals in need of financial assistance.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The South Port Square Scholarship Fund Inc has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The organization scored particularly well in areas such as having a majority of independent board members and a strong program expense ratio, indicating effective use of funds towards its mission.
However, the organization does have some notable limitations. It lacks a whistleblower policy and a document retention and destruction policy, which are critical for transparency and governance. Despite these areas for improvement, the absence of material asset diversion suggests a low risk of financial mismanagement.
Overall, the South Port Square Scholarship Fund Inc demonstrates a commitment to financial responsibility, but addressing governance policies could enhance its operational integrity and reassure stakeholders about its practices.
This AI summary has been generated from information found on Charity Navigator.
Is South Port Square Scholarship Fund Inc legitimate?
South Port Square Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Port Square Scholarship Fund 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
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What is the mission statement of South Port Square Scholarship Fund Inc?
The mission of South Port Square Scholarship Fund Inc. is to accept contributions and invest these funds, aiming to provide grants, awards, and scholarships to deserving individuals. The primary activity of this organization is to collect contributions, which are then utilized to offer financial assistance through grants, awards, and scholarships. This fund is specifically designed to support qualified employees of South Port Square. The goal is to provide opportunities for personal growth and development to these individuals.
Who is the CEO of South Port Square Scholarship Fund Inc?
Norman Uhl is the President of South Port Square Scholarship Fund Inc.
What is the revenue of South Port Square Scholarship Fund Inc?
South Port Square Scholarship Fund Inc's revenue in 2022 was $64,018.
Who are the executives of South Port Square Scholarship Fund Inc and what are their salaries?
There 14 volunteers at South Port Square Scholarship Fund Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for South Port Square Scholarship Fund Inc?
South Port Square Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Port Square Scholarship Fund Inc
South Port Square Scholarship Fund Inc, as a nonprofit organization, is committed to its mission of accepting contributions and investing these funds to provide grants, awards, and scholarships to deserving individuals. This mission aims to support qualified employees of South Port Square. By collecting contributions, the fund seeks to empower individuals through financial aid, thereby contributing to their personal and professional growth. The organization's primary focus is on recognizing and rewarding individuals who demonstrate potential and commitment, fostering a culture of excellence and development within its associated community.
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Impact
August, 2024
The impact of the South Port Square Scholarship Fund Inc is evident through its support for qualified employees of Southport Square. By receiving contributions and investing these funds, the organization is able to provide grants, awards, and scholarships to deserving individuals. This assistance helps empower employees to pursue further education and advance their careers, ultimately benefiting both the individuals and the community as a whole. The Scholarship Fund plays a crucial role in fostering education and professional development opportunities for those who demonstrate dedication and promise within the organization.
This information is meant to be a general summary of South Port Square Scholarship Fund 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: $28,107
- Gross Receipts: $110,108
Assets and Liabilities:
- Total Assets: $616,794
- Total Liabilities: $0
- Net Assets: $616,794
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Organization Details
Founding Year
2013
Phone
(941) 244-3417Principal Officer
Norman Uhl
Main Address
23033 WESTCHESTER BLVD, PORT CHARLOTTE, FL, 33980
NTEE Category
Code: B99 - Education
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