Overview
What is Nvma Centennial Scholarship Foundation Inc?
Nvma Centennial Scholarship Foundation Inc, located in Alliance, Nebraska, is a nonprofit organization primarily focused on managing donations and funds raised for scholarships in the field of veterinary medicine. Their mission is to facilitate educational opportunities for aspiring veterinarians, contributing to the advancement of animal health and welfare. By administering these funds, the foundation supports the next generation of veterinary professionals, fostering a positive impact on the veterinary field.
Official website here: www.nvma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
The Nvma Centennial Scholarship Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 76%. This rating is primarily based on a single beacon score focused on Accountability & Finance, indicating that the organization demonstrates a significant commitment to these aspects. Key strengths include a fully independent board and a strong program expense ratio of 100%, ensuring that all funds raised are directed towards its mission.
However, the foundation does have some notable limitations. It lacks critical policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Each of these areas received zero out of seven points, which suggests potential vulnerabilities in governance and transparency that could affect stakeholders' trust and overall organizational integrity.
Despite these challenges, the organization shows no material diversion of assets and maintains a favorable liabilities to assets ratio of 0.00%, which positions it well from a financial health perspective. The presence of board meeting minutes and a listed website on the tax form further adds to its credibility, but addressing the missing governance policies should be a priority for enhancing its accountability framework.
This AI summary has been generated from information found on Charity Navigator.
Is Nvma Centennial Scholarship Foundation Inc legitimate?
Nvma Centennial Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nvma Centennial Scholarship 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
For more financial information, click here
Official website here: www.nvma.org
What is the mission statement of Nvma Centennial Scholarship Foundation Inc?
The Nvma Centennial Scholarship Foundation Inc's mission is centered around the administration of donations and funds raised specifically for scholarships in the field of veterinary medicine. This non-profit organization's primary goal is to support students pursuing veterinary medicine studies by managing and distributing these scholarships. By doing so, they aim to contribute to the growth of the veterinary field and the education of future professionals in this field.
Official website here: www.nvma.org
Who is the CEO of Nvma Centennial Scholarship Foundation Inc?
Dr Robert Stout is the Director of Nvma Centennial Scholarship Foundation Inc.
Official website here: www.nvma.org
What is the revenue of Nvma Centennial Scholarship Foundation Inc?
Nvma Centennial Scholarship Foundation Inc's revenue in 2022 was $120,374.
Official website here: www.nvma.org
Who are the executives of Nvma Centennial Scholarship Foundation Inc and what are their salaries?
There 8 volunteers at Nvma Centennial Scholarship Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.nvma.org
Where can I find the form 990 for Nvma Centennial Scholarship Foundation Inc?
Nvma Centennial Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nvma.org
Learn more at the official website: www.nvma.org
Mission Statement of Nvma Centennial Scholarship Foundation Inc
The Nvma Centennial Scholarship Foundation Inc is dedicated to managing and distributing funds raised for scholarships aimed at supporting individuals pursuing a career in veterinary medicine. By administering these donations, the organization aims to contribute to the education and future of aspiring veterinarians, thereby enhancing the field of animal healthcare. The foundation's primary mission is to facilitate financial assistance for these students, thereby making higher education in veterinary medicine more accessible and affordable.
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Impact
October, 2024
Nvma Centennial Scholarship Foundation Inc significantly impacts the field of veterinary medicine through the administration of scholarships designed to support aspiring veterinarians. By managing donations and funds effectively, the foundation enables students to pursue their education in veterinary studies, reducing financial barriers that may hinder their aspirations.
Through its dedicated efforts, the foundation not only fosters a new generation of skilled veterinary professionals but also contributes to the overall improvement of animal health and welfare in the community. The scholarships provided can help recipients gain crucial insights and training, ultimately benefiting the broader public through enhanced veterinary services and care. By investing in the education of future veterinarians, the foundation creates a ripple effect that positively influences both animal and human health in Alliance, Nebraska, and beyond.
This information is meant to be a general summary of Nvma Centennial Scholarship 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 2022.
- Investment Income: $50,104
- Gross Receipts: $518,522
Assets and Liabilities:
- Total Assets: $788,619
- Total Liabilities: $0
- Net Assets: $788,619
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Organization Details
Founding Year
1995
Phone
(308) 762-2957Principal Officer
Dr Robert Stout
Main Address
PO BOX 296, ALLIANCE, NE, 69301
Website
www.nvma.orgNTEE Category
Code: X21Z - Religion related
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