Overview
What is Delano Area Scholarship Association?
The Delano Area Scholarship Association is a nonprofit organization situated in Delano, Minnesota. With a primary focus on education, they offer post-secondary scholarships to students within the Delano School District #879. Their mission is to expand educational opportunities for local residents, ensuring that deserving students can pursue higher education. The association provides financial aid, enabling these students to further their education and potentially contribute positively to their community in the future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, Two-Star out of Four Star rating.
The Delano Area Scholarship Association has received a Two-Star rating from Charity Navigator, reflecting a score of 70%, which is primarily based on its Accountability & Finance practices. The organization demonstrates a strong program expense ratio of 98.88%, indicating that a significant portion of its funds is directed towards its intended educational purpose. Additionally, there are no reported material diversions of assets, highlighting a commitment to transparency in financial management.
However, the organization has some notable weaknesses, particularly regarding its board composition. With 0% independent board members, it raises concerns about potential conflicts of interest and governance practices. Furthermore, the absence of a whistleblower policy may lead to issues in accountability and transparency, which are critical for maintaining stakeholder trust.
Overall, while the Delano Area Scholarship Association shows strengths in program funding and financial integrity, improvements in governance and policy implementation are needed to enhance its overall rating and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Delano Area Scholarship Association legitimate?
Delano Area Scholarship Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delano Area Scholarship Association 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.
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What is the mission statement of Delano Area Scholarship Association?
The Delano Area Scholarship Association's mission is centered around providing educational opportunities. Specifically, it aims to offer post-secondary scholarships to students who are served by an independent school district. This association's activities primarily focus on utilizing educational scholarships to help students pursue higher education after completing their secondary education. By doing so, it contributes to the broader goal of advancing the educational prospects of these students.
Who is the CEO of Delano Area Scholarship Association?
Sue Proc is the Board of Delano Area Scholarship Association.
What is the revenue of Delano Area Scholarship Association?
Delano Area Scholarship Association's revenue in 2022 was $63,333.
Who are the executives of Delano Area Scholarship Association and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Delano Area Scholarship Association?
Delano Area Scholarship Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Delano Area Scholarship Association
The Delano Area Scholarship Association, as its name suggests, is dedicated to providing educational opportunities for students under the Delano School District #879. At its core, the organization's mission is to grant post-secondary scholarships to these very students. By doing so, the Delano Area Scholarship Association aims to empower these individuals, enabling them to pursue higher education and ultimately, build a better future for themselves. Through these scholarships, the association plays a significant role in fostering the academic growth and development of its served students, contributing to their overall personal and professional success.
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Impact
August, 2024
The Delano Area Scholarship Association's impact is evident in its provision of educational opportunities for resident students served by Delano School District #879. By offering educational scholarships to these students to pursue post-secondary education, the association is significantly contributing to the advancement of education within the local community. Through its mission to provide post-secondary scholarships to students served by Independent School District 879, the Delano Area Scholarship Association is empowering individuals to further their education and enhance their future prospects. This targeted support plays a vital role in shaping the academic and professional paths of students, ultimately strengthening the educational landscape in Delano, MN.
This information is meant to be a general summary of Delano Area Scholarship Association. 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: $5,910
- Gross Receipts: $63,333
Assets and Liabilities:
- Total Assets: $188,810
- Total Liabilities: $0
- Net Assets: $188,810
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Organization Details
Founding Year
2014
Phone
(763) 972-8722Principal Officer
Sue Proc
Main Address
PO BOX 408, DELANO, MN, 55328
NTEE Category
Code: B82 - Education
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