Overview
What is Denver Cyclone Scholarship Foundation?
The Denver Cyclone Scholarship Foundation is a nonprofit organization situated in Denver, Iowa. Their primary mission is to offer financial aid to students residing within the Denver community through scholarships. By providing these scholarships, they aim to support the educational aspirations of local students, contributing positively to the community's future. The organization's focus is solely on this mission, ensuring that deserving students have the opportunity to pursue their academic goals.
Official website here: www.denvercyclonescholarship.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Denver Cyclone Scholarship Foundation has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 90% overall, reflecting robust practices in its financial management and transparency. Its exceptional accountability score indicates that it has established strong governance policies and practices, including 100% independent board members and a clear conflict of interest policy.
The foundation exhibits financial discipline with a program expense ratio of 100%, meaning all of its expenditures are directed toward its mission. Furthermore, the absence of liabilities demonstrates effective fiscal management. The presence of documented board meeting minutes and whistleblower policies underlines its commitment to transparency and ethical governance.
While the ratings are very positive, potential donors may want to consider how the foundation communicates its impact to the community and how it engages with beneficiaries. Overall, the foundation stands out for its organizational strengths, but a deeper understanding of its programmatic effectiveness could further enhance its reputation.
This AI summary has been generated from information found on Charity Navigator.
Is Denver Cyclone Scholarship Foundation legitimate?
Denver Cyclone Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denver Cyclone Scholarship 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:
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Official website here: www.denvercyclonescholarship.com
What is the mission statement of Denver Cyclone Scholarship Foundation?
The Denver Cyclone Scholarship Foundation's mission is centered around providing financial aid to students within a community. More specifically, its primary goal is to offer scholarships to students residing in the Denver area. The organization's activities are focused on this mission, aiming to support the educational aspirations of deserving students. By providing these scholarships, the foundation seeks to contribute to the personal growth and future prospects of these students, thereby enriching the community as a whole.
Official website here: www.denvercyclonescholarship.com
Who is the CEO of Denver Cyclone Scholarship Foundation?
Terri Seegers is the President of Denver Cyclone Scholarship Foundation.
Official website here: www.denvercyclonescholarship.com
What is the revenue of Denver Cyclone Scholarship Foundation?
Denver Cyclone Scholarship Foundation's revenue in 2022 was $69,607.
Official website here: www.denvercyclonescholarship.com
Who are the executives of Denver Cyclone Scholarship Foundation and what are their salaries?
Here are 16 key members and their salaries:
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Official website here: www.denvercyclonescholarship.com
Where can I find the form 990 for Denver Cyclone Scholarship Foundation?
Denver Cyclone Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.denvercyclonescholarship.com
Learn more at the official website: www.denvercyclonescholarship.com
Mission Statement of Denver Cyclone Scholarship Foundation
The Denver Cyclone Scholarship Foundation is committed to a noble mission. At its core, this organization aims to extend financial aid to students residing within the Denver community in Iowa. By providing scholarships, this nonprofit seeks to empower these students, enabling them to pursue their academic goals and unlock their full potential. The foundation's mission is centered around the belief that education is a fundamental right, and it strives to make this right a reality for deserving students, thereby contributing to the betterment of society as a whole.
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Impact
August, 2024
The Denver Cyclone Scholarship Foundation has had a significant impact on the Denver, Iowa community by providing scholarships to local students. Through these scholarships, the foundation has helped students pursue higher education and achieve their academic goals. By investing in the education of these students, the foundation is contributing to the development and success of individuals within the community.
This information is meant to be a general summary of Denver Cyclone Scholarship 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $29,975
- Gross Receipts: $746,583
Assets and Liabilities:
- Total Assets: $2,237,597
- Total Liabilities: $0
- Net Assets: $2,237,597
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Organization Details
Founding Year
2013
Phone
(319) 240-2327Principal Officer
Terri Seegers
Main Address
PO BOX 202, DENVER, IA, 50622
NTEE Category
Code: B82 - Education
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