Overview
What is Rocket City Scholarship Granting Organization Inc?
Rocket City Scholarship Granting Organization Inc, based in Huntsville, Alabama, is a nonprofit organization with a single employee. Their primary mission is to extend financial aid in the form of K-12 scholarships to economically disadvantaged families residing in the North Alabama area. By offering these scholarships, they aim to provide these families with the opportunity to select the educational path they believe will best shape their child's academic future. While the information does not specify any additional programs or initiatives, it is clear that the organization's focus is on educational support for those in need.
Official website here: www.rocketsgo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (73%)
Rocket City Scholarship Granting Organization Inc has received a two-star rating from Charity Navigator, indicating a status of "Needs Improvement." The organization demonstrates strengths in board governance, with a fully independent board and no material diversion of assets. However, the score reflects significant shortcomings in financial transparency, particularly in the posting of financial statements and tax forms on their website.
While the organization has established policies for conflict of interest and whistleblower protection, they have room for improvement in document retention and destruction practices. The program expense ratio is commendable, showing that a significant portion of their expenses is directed toward their charitable mission. However, the lack of accessible financial statements may raise concerns for potential donors regarding the organization's overall financial health.
Overall, while Rocket City Scholarship Granting Organization shows promise in governance and program focus, enhancing financial transparency and compliance with documentation policies could strengthen its credibility and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Rocket City Scholarship Granting Organization Inc legitimate?
Rocket City Scholarship Granting Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocket City Scholarship Granting Organization 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: $45,000
For more financial information, click here
Official website here: www.rocketsgo.org
What is the mission statement of Rocket City Scholarship Granting Organization Inc?
The Rocket City Scholarship Granting Organization Inc's mission is centered around providing K-12 scholarships to economically disadvantaged families residing in the North Alabama area. This initiative aims to offer these families the opportunity to shape their children's academic futures by choosing the educational path that best suits their needs. By granting these scholarships, the organization empowers these families to make informed decisions about their children's education, thereby potentially opening doors to a wider range of opportunities.
Official website here: www.rocketsgo.org
Who is the CEO of Rocket City Scholarship Granting Organization Inc?
Becky R Weis is the Executive Di of Rocket City Scholarship Granting Organization Inc.
Official website here: www.rocketsgo.org
What is the revenue of Rocket City Scholarship Granting Organization Inc?
Rocket City Scholarship Granting Organization Inc's revenue in 2023 was $768,281.
Official website here: www.rocketsgo.org
Who are the executives of Rocket City Scholarship Granting Organization Inc and what are their salaries?
The average compensation at Rocket City Scholarship Granting Organization Inc during 2023 was $45,000. There is 1 employee at Rocket City Scholarship Granting Organization Inc.
Here are 12 key members and their salaries:
- Compensation: $45,045
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rocketsgo.org
Where can I find the form 990 for Rocket City Scholarship Granting Organization Inc?
Rocket City Scholarship Granting Organization Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rocketsgo.org
Learn more at the official website: www.rocketsgo.org
Mission Statement of Rocket City Scholarship Granting Organization Inc
Rocket City Scholarship Granting Organization Inc is dedicated to offering K-12 scholarships to economically disadvantaged families residing in the North Alabama area. The primary objective of this nonprofit organization is to provide these families with the opportunity to shape their children's academic futures by choosing the educational path that suits their needs best. By granting scholarships, Rocket City Scholarship Granting Organization Inc empowers these families, enabling them to make informed decisions about their children's education.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Rocket City Scholarship Granting Organization Inc's impact is evident in its provision of K-12 scholarships to economically disadvantaged families in the North Alabama area, offering them the opportunity to determine the academic path for their children. Through this initiative, the organization helps empower families by enabling them to make choices that can positively influence their children's educational futures.
This information is meant to be a general summary of Rocket City Scholarship Granting Organization 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 2023.
- Investment Income: $9,666
- Gross Receipts: $768,281
Assets and Liabilities:
- Total Assets: $1,431,902
- Total Liabilities: $3,900
- Net Assets: $1,428,002
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2013
Phone
(256) 369-3297Principal Officer
Becky R Weis
Main Address
PO BOX 18154, HUNTSVILLE, AL, 35804
Website
www.rocketsgo.orgNTEE Category
Code: B82 - Education
If you are a representative of Rocket City Scholarship Granting Organization Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.