Overview
What is Zeta Iota Zeta Educational Foundation Inc?
Zeta Iota Zeta Educational Foundation Inc, based in Overland Park, Kansas, is a nonprofit organization dedicated to boosting educational opportunities. They achieve this by granting scholarships and financial aid to deserving students attending the University of Kansas. Their mission is to raise funds from alumni to support these scholarships, thereby enabling students who may not have otherwise had the chance, to pursue higher education. This foundation's contributions also extend to establishing educational facilities.
Official website here: www.zetaiotafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Zeta Iota Zeta Educational Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly in several key areas, particularly in governance, with no independent board members and absent conflict of interest and whistleblower policies, which are critical for ensuring transparency and ethical operations.
Despite these governance shortcomings, the foundation demonstrates a strong commitment to its programmatic expenses, with an impressive 93.91% of its budget allocated directly to its programs. Additionally, the organization has shown responsible management of its assets, maintaining a 0.00% liabilities to assets ratio, which reflects sound financial health in that regard.
However, the lack of an independent board and missing policies on conflict of interest and document retention raise red flags about the organization's overall governance structure. Prospective donors and stakeholders may wish to consider these factors when evaluating their support for the foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Zeta Iota Zeta Educational Foundation Inc legitimate?
Zeta Iota Zeta Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zeta Iota Zeta Educational 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.zetaiotafoundation.org
What is the mission statement of Zeta Iota Zeta Educational Foundation Inc?
The Zeta Iota Zeta Educational Foundation Inc's primary mission is to provide scholarship and grant opportunities for higher education to eligible students attending the University of Kansas. This is achieved by soliciting funds from alumni. The organization's efforts have helped numerous students gain access to higher education that may not have been possible otherwise, thereby contributing to the establishment of educational facilities. The Foundation's mission aims to support these students in their academic pursuits, thereby fostering educational growth and development.
Official website here: www.zetaiotafoundation.org
Who is the CEO of Zeta Iota Zeta Educational Foundation Inc?
Richard Winter is the President of Zeta Iota Zeta Educational Foundation Inc.
Official website here: www.zetaiotafoundation.org
What is the revenue of Zeta Iota Zeta Educational Foundation Inc?
Zeta Iota Zeta Educational Foundation Inc's revenue in 2023 was $34,418.
Official website here: www.zetaiotafoundation.org
Who are the executives of Zeta Iota Zeta Educational Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.zetaiotafoundation.org
Where can I find the form 990 for Zeta Iota Zeta Educational Foundation Inc?
Zeta Iota Zeta Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.zetaiotafoundation.org
Learn more at the official website: www.zetaiotafoundation.org
Mission Statement of Zeta Iota Zeta Educational Foundation Inc
Zeta Iota Zeta Educational Foundation Inc is committed to providing scholarship and grant opportunities for higher education to qualified students attending the University of Kansas. The organization achieves this mission by soliciting funds from its alumni. Through these scholarships and grants, the foundation helps students access higher education that may not have been otherwise available, thereby supporting the establishment of educational facilities. By providing financial aid, Zeta Iota Zeta Educational Foundation Inc plays a significant role in empowering deserving students, thereby contributing to the wider educational community.
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Impact
August, 2024
Zeta Iota Zeta Educational Foundation Inc has a significant impact on the lives of qualifying students attending the University of Kansas. By providing scholarships and grants for higher education opportunities, the organization enables students to access education that might not have been available to them otherwise. Through their efforts in soliciting funds from alumni, the organization has supported the establishment of educational facilities and empowered students to pursue their academic goals. This impact resonates not only within the educational system but also within the broader community as it helps shape the future of aspiring students.
This information is meant to be a general summary of Zeta Iota Zeta Educational 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 2023.
- Investment Income: $168
- Gross Receipts: $34,418
Assets and Liabilities:
- Total Assets: $41,701
- Total Liabilities: $0
- Net Assets: $41,701
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Organization Details
Founding Year
1994
Phone
(417) 850-9931Principal Officer
Richard Winter
Main Address
PO BOX 13129, OVERLAND PARK, KS, 66282
Website
www.zetaiotafoundation.orgNTEE Category
Code: B82Z - Education
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