Overview
What is Mount Baker Scholarship Foundation?
The Mount Baker Scholarship Foundation, situated in Deming, WA, is a charitable organization that plays a significant role in supporting high school students within the MT. Baker School District. Their primary mission is to foster academic growth by offering scholarships to deserving students. This includes not just traditional school-going students but also home-schooled individuals who have actively participated in extracurricular activities, such as sports. By providing these financial aids, the foundation aims to recognize and encourage their academic achievements and contributions beyond the classroom.
Official website here: www.mtbaker scholarship.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Mount Baker Scholarship Foundation demonstrates some strengths, particularly in its governance structure, there are significant areas of concern regarding its financial transparency and policy implementation.
The organization boasts a fully independent board, which is a positive aspect that contributes to its governance score. Additionally, it has reported a 100% program expense ratio, implying that all funds are allocated directly towards its mission of providing scholarships. However, the lack of financial statements and missing policies on conflict of interest, whistleblower protections, and document retention suggest weaknesses in its accountability and overall transparency.
Overall, while the foundation has some commendable governance characteristics and focuses all expenses on its programs, the absence of critical financial documentation and policies raises questions about its financial practices and adherence to best practices in nonprofit management. This Two-Star rating reflects the need for improvement in these key areas to enhance trust and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Baker Scholarship Foundation legitimate?
Mount Baker Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Baker 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mtbaker scholarship.org
What is the mission statement of Mount Baker Scholarship Foundation?
The Mount Baker Scholarship Foundation's mission is centered around promoting academic achievement among high school students within the Mt. Baker School District. This is accomplished by offering scholarships to eligible students. The foundation also advocates for the involvement of home-schooled students in extracurricular activities, such as sports, in their high school experience. The primary objective is to support these students in their educational pursuits and recognize their commitment to extracurricular activities.
Official website here: www.mtbaker scholarship.org
Who is the CEO of Mount Baker Scholarship Foundation?
Mary Compton is the Vice President of Mount Baker Scholarship Foundation.
Official website here: www.mtbaker scholarship.org
What is the revenue of Mount Baker Scholarship Foundation?
Mount Baker Scholarship Foundation's revenue in 2022 was $786,165.
Official website here: www.mtbaker scholarship.org
Who are the executives of Mount Baker Scholarship Foundation and what are their salaries?
There 17 volunteers at Mount Baker Scholarship Foundation.
Here are 6 key members and their salaries:
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- Related: $3,000
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Official website here: www.mtbaker scholarship.org
Where can I find the form 990 for Mount Baker Scholarship Foundation?
Mount Baker Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mtbaker scholarship.org
Learn more at the official website: www.mtbaker scholarship.org
Mission Statement of Mount Baker Scholarship Foundation
The Mount Baker Scholarship Foundation, a nonprofit organization, is dedicated to encouraging academic achievement among high school students within the Mount Baker School District. This includes supporting home-schooled students who have actively engaged in sports or other extracurricular activities at their high schools. By providing scholarships to eligible students, the foundation aims to foster a culture of academic excellence and recognize the efforts and achievements of these young individuals. The Mount Baker Scholarship Foundation serves as a beacon of support, helping to alleviate some of the financial burdens associated with higher education and enabling these students to pursue their academic and personal goals.
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Impact
July, 2024
The Mount Baker Scholarship Foundation's impact is significant as it provides crucial scholarships for high school students in the Mt. Baker School District. By encouraging academic achievement and supporting extracurricular activities such as sports, the foundation plays a key role in helping students pursue their educational goals and dreams. The scholarships offered by the foundation not only provide financial assistance but also serve as a motivation for students to excel in their studies and activities. Through their programs, the Mount Baker Scholarship Foundation positively impacts the lives of students in the community and contributes to their future success.
This information is meant to be a general summary of Mount Baker 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: $178,157
- Gross Receipts: $885,050
Assets and Liabilities:
- Total Assets: $4,029,230
- Total Liabilities: $0
- Net Assets: $4,029,230
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Organization Details
Founding Year
1995
Phone
(360) 671-1621Principal Officer
Mary Compton
Main Address
PO BOX 875, DEMING, WA, 98244
Website
www.mtbaker scholarship.orgNTEE Category
Code: T11 - Philanthropy
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