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Utopia Isd Scholarship Fund

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

EIN: 470954717 ✦ Utopia, TX ✦ Designated as a 501(c)(3)

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Overview

What is Utopia Isd Scholarship Fund?

The Utopia Isd Scholarship Fund is a charitable organization that focuses on offering scholarships to deserving individuals. Their primary objective is to boost educational opportunities for college students, enabling them to advance their academic journeys further. This nonprofit organization is committed to providing financial aid, thereby empowering individuals to pursue their educational goals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

The Utopia Isd Scholarship Fund has received a score of 73%, translating to a Two-Star rating, which reflects its performance primarily in the area of Accountability & Finance. This score is derived from a single beacon score, indicating that while the charity maintains strong financial practices, there may be areas that require improvement to enhance overall effectiveness.

Strengths of the organization include a fully independent board, with 100% of its members meeting this criterion, which is crucial for transparent decision-making. Additionally, the charity has a strong program expense ratio of 93.21%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. The charity also demonstrates solid financial stability with a liabilities to assets ratio of 0.00%.

However, the rating suggests that while the financial aspects are well-handled, there may be limitations in other operational areas that are not captured by the current evaluation metrics. Improvements in these areas could potentially enhance the organization's rating in future assessments.


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

Is Utopia Isd Scholarship Fund legitimate?

Utopia Isd Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utopia Isd Scholarship Fund 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 Utopia Isd Scholarship Fund?

The Utopia Isd Scholarship Fund's mission is centered around providing financial aid to individuals, primarily college students, to boost their educational journeys. By offering scholarships, the organization aims to help these deserving individuals further their academic pursuits, thereby enhancing their educational prospects. The fund's mission is to contribute positively to the educational growth of individuals, thereby empowering them to reach their full potential.

What is the revenue of Utopia Isd Scholarship Fund?

Utopia Isd Scholarship Fund's revenue in 2023 was $35,699.

Who are the executives of Utopia Isd Scholarship Fund and what are their salaries?

Here are 7 key members and their salaries:


Betty Boyce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Clark (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanine Hawkes (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Huebner (Pres/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Velma Mumme (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Swift (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Walts (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Utopia Isd Scholarship Fund?

Utopia Isd Scholarship Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Utopia Isd Scholarship Fund

The Utopia ISD Scholarship Fund is dedicated to providing financial assistance to deserving individuals, with a primary focus on enhancing their educational journeys. This nonprofit organization offers scholarships specifically for college students, helping them to further their academic pursuits and broaden their horizons. By providing these scholarships, Utopia ISD Scholarship Fund empowers students to overcome financial barriers and seize opportunities for personal growth and development.

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Impact




August, 2024

The Utopia ISD Scholarship Fund has a significant impact on individuals in Utopia, Texas, by providing scholarships to enhance their education. This support allows deserving students, particularly those pursuing college degrees, to further their academic pursuits and achieve their educational goals. Through its mission of providing scholarships, the fund contributes to the advancement of education in the community and helps empower individuals to reach their full potential.




This information is meant to be a general summary of Utopia Isd Scholarship Fund. 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
$35,699 (2023)
Expenses
$35,761 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $20,327
  • Gross Receipts: $35,699

Assets and Liabilities:

  • Total Assets: $311,187
  • Total Liabilities: $0
  • Net Assets: $311,187

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Organization Details

Principal Officer

Betty Boyce

NTEE Category

Code: B82 - Education

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