Overview
What is Yumas Education Scholarship Fund For Kids Inc?
Yumas Education Scholarship Fund For Kids Inc, established in Yuma, Arizona, is a nonprofit organization that focuses on enhancing educational opportunities for families. By utilizing the Arizona Private School Tuition Tax Credit, they award scholarships to students attending qualified private schools in the area, including Emmanuel Christian Academy, Freedom Baptist Academy, and others. Their mission is to expand the scope of "School Choice" for families, using tax dollars to finance private school tuitions, thereby promoting quality education for children within their jurisdiction. The organization's activities and mission revolve around the efficient implementation of the Arizona Private School Tuition Tax Credit A.R.S. 43-1089.
Official website here: www.yesfundforkids.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Yumas Education Scholarship Fund For Kids Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is derived entirely from its Accountability & Finance score of 96%, showcasing a strong commitment to responsible financial management and transparency.
The organization stands out with a fully independent board, scoring 100% for having all board members not affiliated with the charity. Furthermore, it has demonstrated excellence in various accountability metrics, such as maintaining a solid 94.40% program expense ratio, which indicates that the vast majority of its funds are directed towards its educational programs rather than administrative costs.
While the rating reflects strong performance, potential donors should consider that the data is primarily focused on financial metrics. Additional qualitative factors, such as program impact and community feedback, were not included in this score, which may provide a more comprehensive understanding of the charity’s overall effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Yumas Education Scholarship Fund For Kids Inc legitimate?
Yumas Education Scholarship Fund For Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yumas Education Scholarship Fund For Kids 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.yesfundforkids.org
What is the mission statement of Yumas Education Scholarship Fund For Kids Inc?
The Yuma Education Scholarship Fund for Kids Inc is committed to expanding educational opportunities for families by implementing the Arizona Private School Tuition Tax Credit. Their mission is to efficiently utilize this tax credit to provide scholarships for students attending private schools, thereby promoting "School Choice." The organization aims to award original individual private school tax credit tuition scholarships to qualified private schools, thus enabling more children to receive a quality education.
Official website here: www.yesfundforkids.org
What is the revenue of Yumas Education Scholarship Fund For Kids Inc?
Yumas Education Scholarship Fund For Kids Inc's revenue in 2024 was $1,135,973.
Official website here: www.yesfundforkids.org
Who are the executives of Yumas Education Scholarship Fund For Kids Inc and what are their salaries?
There 5 volunteers at Yumas Education Scholarship Fund For Kids Inc.
Here are 5 key members and their salaries:
- Compensation: $55,000
- 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.yesfundforkids.org
Where can I find the form 990 for Yumas Education Scholarship Fund For Kids Inc?
Yumas Education Scholarship Fund For Kids Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.yesfundforkids.org
Learn more at the official website: www.yesfundforkids.org
Mission Statement of Yumas Education Scholarship Fund For Kids Inc
Yumas Education Scholarship Fund For Kids Inc is committed to enhancing educational opportunities for children by efficiently implementing the provisions of the Arizona Private School Tuition Tax Credit, as outlined in A.R.S. 43-1089. The organization's mission is to expand the availability of quality education for families, utilizing tax dollars to fund private school tuition through scholarship programs. This is accomplished by distributing Individual Private School Tax credit tuition scholarships to students attending approved private schools in Yuma, Arizona. Institutions such as Emmanuel Christian Academy, Freedom Baptist Academy, Hand in Hand Christian School, Immaculate Conception School, Saint Francis of Assisi School, Southwestern Christian School, Yuma Catholic High School, Yuma Christian Academy, and Yuma Lutheran School are among those benefiting from this initiative. By providing these scholarships, Yumas Education Scholarship Fund For Kids Inc aims to promote diversity in educational choices and enable families to select the best educational environment for their children.
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Impact
July, 2024
Yumas Education Scholarship Fund For Kids Inc's impact is significant in providing educational opportunities for children in Yuma, Arizona. By implementing the Arizona Private School Tuition Tax Credit, the organization is dedicated to increasing school choice for families by using tax dollars to fund private school tuition through scholarships. This initiative directly benefits students attending qualified private schools in Yuma, including Emmanuel Christian Academy, Freedom Baptist Academy, Hand in Hand Christian School, Immaculate Conception School, Saint Francis of Assisi School, Southwestern Christian School, Yuma Catholic High School, Yuma Christian Academy, and Yuma Lutheran School. Yumas Education Scholarship Fund For Kids Inc plays a crucial role in ensuring that children have access to quality education through the efficient utilization of the Arizona Private School Tuition Tax Credit provisions, ultimately making a positive impact on the educational opportunities available to the youth in the community.
This information is meant to be a general summary of Yumas Education Scholarship Fund For Kids 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 2024.
- Investment Income: $5,956
- Gross Receipts: $1,135,973
Assets and Liabilities:
- Total Assets: $1,054,327
- Total Liabilities: $0
- Net Assets: $1,054,327
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Organization Details
Founding Year
2003
Principal Officer
Angela Poels
Website
www.yesfundforkids.orgNTEE Category
Code: T20 - Philanthropy
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