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Southern Valley Scholarship Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 470813266 ✦ Oxford, NE ✦ Designated as a 501(c)(3)

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Overview

What is Southern Valley Scholarship Foundation?

The Southern Valley Scholarship Foundation is a nonprofit organization, specifically focused on education. Their primary mission involves providing scholarships to deserving students and making donations to schools. As a scholarships and student financial aid services organization, they aim to support educational pursuits and contribute positively to the educational sector.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 73%)

The Southern Valley Scholarship Foundation has received a rating of Two Stars from Charity Navigator, indicating that it is in need of improvement. With a score of 73%, the foundation demonstrates strengths particularly in its governance, showing a fully independent board and strong management of assets, with a liabilities to assets ratio of 0%. Additionally, it excels in its program expense ratio, dedicating almost all of its financial resources to its programs.

However, the organization has notable weaknesses that detract from its overall rating. It lacks essential governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, each of which received a score of zero. Furthermore, important documentation such as the tax form is not publicly available on the nonprofit’s website, which raises transparency concerns.

Overall, while the Southern Valley Scholarship Foundation efficiently allocates resources towards its mission, addressing the gaps in governance and transparency could significantly enhance its accountability and trustworthiness in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Southern Valley Scholarship Foundation legitimate?

Southern Valley Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Valley Scholarship Foundation 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

What is the mission statement of Southern Valley Scholarship Foundation?

The Southern Valley Scholarship Foundation, functioning as a scholarships and student financial aid services organization, is dedicated to providing education scholarships and school donations. Their mission is centered around supporting students financially and enhancing educational institutions through charitable contributions. The foundation aims to make higher education more accessible and affordable for deserving students, thereby contributing to their overall development and future success. Additionally, through school donations, the foundation assists educational institutions in upgrading their facilities and resources, thereby improving the overall learning environment.

Who is the CEO of Southern Valley Scholarship Foundation?

William Weaver is the President of Southern Valley Scholarship Foundation.

What is the revenue of Southern Valley Scholarship Foundation?

Southern Valley Scholarship Foundation's revenue in 2022 was $17,583.

Who are the executives of Southern Valley Scholarship Foundation and what are their salaries?


Here are 7 key members and their salaries:


Marilyn Snodgrass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Lueking (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Weaver (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Bose (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Fox (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southern Valley Scholarship Foundation?

Southern Valley Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Southern Valley Scholarship Foundation

The Southern Valley Scholarship Foundation, as a dedicated organization, is committed to providing educational scholarships and school donations. Its mission is centered around offering financial aid services to students, aiming to make higher education more accessible. Operating as a scholarships and student financial aid provider, the foundation plays a significant role in supporting students' academic pursuits, thereby contributing to the development of future generations.

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Impact




August, 2024

The Southern Valley Scholarship Foundation has made a significant impact by providing education scholarships and school donations to support students in furthering their education. Their efforts have helped numerous individuals pursue their academic goals and overcome financial barriers to higher education. Through their work as a scholarships and student financial aid services organization, they have positively influenced the lives of students in the community and contributed to the advancement of education in Oxford, NE.




This information is meant to be a general summary of Southern Valley Scholarship Foundation. 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.

Revenue
$17,583 (2022)
Expenses
$37,097 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $193
  • Gross Receipts: $17,583

Assets and Liabilities:

  • Total Assets: $798,589
  • Total Liabilities: $0
  • Net Assets: $798,589

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Organization Details

Founding Year

2003

Principal Officer

William Weaver

Main Address

10597 722 ROAD, OXFORD, NE, 68967

NTEE Category

Code: T70 - Philanthropy

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