Overview
What is Hotchkiss Schools Alumni Fund Inc?
Hotchkiss Schools Alumni Fund Inc, located in Hotchkiss, Colorado, is a nonprofit organization with a mission to support the educational endeavors of Hotchkiss High School graduates who have family ties to previous alumni. This charity provides scholarships to deserving students, extending its recognition beyond just upperclassmen, providing opportunities for underclassmen as well. The organization, with its primary address at 311 Poplar Way, is dedicated to fostering educational growth and success within the Hotchkiss High School community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Stars
The Hotchkiss Schools Alumni Fund Inc has received a low rating of 50%, which signifies concerns regarding its accountability and financial practices. The organization has no independent board members, which is a significant weakness in governance. Additionally, the lack of essential policies such as conflict of interest and whistleblower protections may raise questions about transparency and operational integrity.
Despite these governance issues, the fund exhibits a strong program expense ratio of 98%, indicating that a large portion of its funds is directed toward its programs rather than administrative costs. This suggests a commitment to its mission; however, the absence of proper oversight mechanisms could potentially undermine these efforts over time.
Furthermore, the organization has failed to provide key information that could enhance its credibility, such as a functional website and published board meeting minutes. Such omissions might hinder potential donors from making informed decisions about supporting the nonprofit. Overall, while the fund shows promise in its programmatic focus, significant governance improvements are needed to ensure accountability and trust.
This AI summary has been generated from information found on Charity Navigator.
Is Hotchkiss Schools Alumni Fund Inc legitimate?
Hotchkiss Schools Alumni Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hotchkiss Schools Alumni 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 Hotchkiss Schools Alumni Fund Inc?
The Hotchkiss Schools Alumni Fund Inc has a mission to support Hotchkiss High School students. Specifically, they provide scholarships for students who are descendants of former Hotchkiss High School graduates. Additionally, they offer recognition for underclassmen and other students, contributing to their educational journey. The organization's primary goal is to contribute to the educational success of these students, thereby continuing the legacy of Hotchkiss High School alumni.
Who is the CEO of Hotchkiss Schools Alumni Fund Inc?
Eric Hollembeak is the President of Hotchkiss Schools Alumni Fund Inc.
What is the revenue of Hotchkiss Schools Alumni Fund Inc?
Hotchkiss Schools Alumni Fund Inc's revenue in 2022 was $69,722.
Who are the executives of Hotchkiss Schools Alumni Fund Inc and what are their salaries?
There 4 volunteers at Hotchkiss Schools Alumni Fund Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Hotchkiss Schools Alumni Fund Inc?
Hotchkiss Schools Alumni Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hotchkiss Schools Alumni Fund Inc
Hotchkiss Schools Alumni Fund Inc, as its mission statement suggests, is primarily committed to providing financial aid in the form of scholarships to students attending Hotchkiss High School. These scholarships are specifically designed for individuals who are descendants of previous Hotchkiss High School graduates. Furthermore, the organization extends its recognition and support to underclassmen within the school, offering various forms of assistance. In essence, Hotchkiss Schools Alumni Fund Inc seeks to uplift and empower the future generation of Hotchkiss High School students, ensuring that the legacy of its alumni continues to thrive.
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Impact
August, 2024
The Hotchkiss Schools Alumni Fund Inc's impact is felt through its provision of scholarships for Hotchkiss High School students who are descendants of other Hotchkiss High School graduates. By supporting the education of these students, the organization plays a crucial role in furthering their academic pursuits and future opportunities. Additionally, the Fund's recognition for underclassmen contributes to a supportive and encouraging environment within the Hotchkiss High School community, fostering a sense of achievement and motivation among students. Through its focus on education and investment in the next generation of leaders, the Hotchkiss Schools Alumni Fund Inc leaves a lasting impact on the educational landscape in Hotchkiss, Colorado.
This information is meant to be a general summary of Hotchkiss Schools Alumni 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: $6,503
- Gross Receipts: $69,722
Assets and Liabilities:
- Total Assets: $319,063
- Total Liabilities: $0
- Net Assets: $319,063
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Organization Details
Founding Year
2014
Phone
(970) 712-7129Principal Officer
Eric Hollembeak
Main Address
311 POPLAR WAY, HOTCHKISS, CO, 81419
NTEE Category
Code: B82 - Education
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