Overview
What is The Stratus Foundation Inc?
The Stratus Foundation Inc is a nonprofit organization whose primary objective is to raise funds for a noble cause. They aim to provide financial assistance in the form of scholarships to graduating seniors from two local high schools, helping them cover their college tuition fees. Additionally, the organization extends its charitable contributions to select nonprofit organizations. The Stratus Foundation Inc serves as a beacon of support for youth pursuing higher education and other worthy causes within its community.
Is The Stratus Foundation Inc legitimate?
The Stratus Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Stratus 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
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What is the mission statement of The Stratus Foundation Inc?
The Stratus Foundation Inc's mission is centered around raising funds to aid graduating seniors from two local high schools, assisting them with their college tuition costs. Additionally, the organization extends its philanthropic efforts by contributing to various selected charitable organizations. By doing so, The Stratus Foundation Inc aims to make a positive impact in the educational and community sectors.
What is the revenue of The Stratus Foundation Inc?
The Stratus Foundation Inc's revenue in 2024 was $141,334.
Who are the executives of The Stratus Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Stratus Foundation Inc?
The Stratus Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Stratus Foundation Inc
The Stratus Foundation Inc, as a charitable organization, is dedicated to raising funds with the primary objective of aiding graduating seniors from two local high schools in their college pursuits. This is achieved by providing financial assistance in the form of college tuition. Additionally, the foundation extends its reach by offering contributions to selected charitable organizations. By undertaking these initiatives, The Stratus Foundation Inc plays a crucial role in supporting the educational aspirations of young individuals and contributing to the broader community.
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Impact
October, 2024
The Stratus Foundation Inc significantly impacts the local community by providing essential scholarships to graduating seniors from two high schools, enabling them to pursue higher education and alleviate the financial burdens of college tuition. By investing in the futures of these students, the foundation not only supports individual aspirations but also contributes to the overall educational advancement within the Mentor, OH area. Additionally, the foundation extends its reach by making contributions to selected charitable organizations, further enhancing community welfare and fostering a culture of giving. Through its focused mission, The Stratus Foundation Inc plays a crucial role in empowering youth and strengthening community bonds.
This information is meant to be a general summary of The Stratus 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 2024.
- Investment Income: $8
- Gross Receipts: $194,433
Assets and Liabilities:
- Total Assets: $70,981
- Total Liabilities: $0
- Net Assets: $70,981
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Organization Details
Founding Year
2013
Principal Officer
Monika Zirke
NTEE Category
Code: Z99 - Unknown
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