Overview
What is Staples High School Tuition Grants Committee Inc?
Staples High School Tuition Grants Committee Inc is a nonprofit organization based in Westport, Connecticut. Their primary mission is to provide college tuition assistance to graduates of the local public high schools. Through this initiative, they aim to support the educational aspirations of young individuals from Westport, Connecticut. The committee offers college tuition grants to help alleviate financial burdens, enabling these students to pursue higher education.
Official website here: www.staplestuitiongrants.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%). This rating indicates that while the Staples High School Tuition Grants Committee Inc demonstrates some strong governance practices, there are significant areas needing attention. The organization has a high percentage of independent board members and maintains a good liabilities to assets ratio, suggesting financial stability.
The nonprofit excels in program efficiency, with a program expense ratio of 93.85%, indicating that a large portion of its budget is directed towards its mission-related activities. However, the organization lacks key financial disclosures, such as its financial statements and tax form on its website, which could hinder transparency and accountability efforts. Furthermore, the absence of a whistleblower policy and document retention guidelines raises concerns regarding operational practices.
Overall, while the Staples High School Tuition Grants Committee Inc has strengths in its governance and program spending, it must improve its financial transparency and establish essential policies to enhance its operational integrity. Addressing these limitations will be crucial for building trust with stakeholders and ensuring effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Staples High School Tuition Grants Committee Inc legitimate?
Staples High School Tuition Grants Committee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Staples High School Tuition Grants Committee 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.
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Official website here: www.staplestuitiongrants.org
What is the mission statement of Staples High School Tuition Grants Committee Inc?
The mission of Staples High School Tuition Grants Committee Inc is centered around providing financial assistance for college tuition to graduates from public high schools in Westport, Connecticut. Their primary objective is to help these students overcome financial barriers and pursue higher education. The committee offers college tuition grants, aiming to make the dream of higher education more accessible for deserving students. While specific details about the selection criteria or the number of grants awarded are not provided, it is clear that their mission is to support the educational aspirations of local high school graduates.
Official website here: www.staplestuitiongrants.org
Who is the CEO of Staples High School Tuition Grants Committee Inc?
Trevor Lally is the Co-President of Staples High School Tuition Grants Committee Inc.
Official website here: www.staplestuitiongrants.org
What is the revenue of Staples High School Tuition Grants Committee Inc?
Staples High School Tuition Grants Committee Inc's revenue in 2022 was $650,671.
Official website here: www.staplestuitiongrants.org
Who are the executives of Staples High School Tuition Grants Committee Inc and what are their salaries?
Here are 21 key members and their salaries:
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Official website here: www.staplestuitiongrants.org
Where can I find the form 990 for Staples High School Tuition Grants Committee Inc?
Staples High School Tuition Grants Committee Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.staplestuitiongrants.org
Learn more at the official website: www.staplestuitiongrants.org
Mission Statement of Staples High School Tuition Grants Committee Inc
Staples High School Tuition Grants Committee Inc is a nonprofit organization dedicated to providing college tuition assistance for graduates of public high schools located in Westport, Connecticut. Their mission is to empower these students by offering financial aid, enabling them to pursue higher education. By providing college tuition grants, this committee aims to contribute to the personal and professional growth of Westport's high school graduates, thereby enriching their future opportunities and prospects.
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Impact
July, 2024
The impact of Staples High School Tuition Grants Committee Inc is significant in providing college tuition assistance to public high school graduates in Westport, Connecticut. By offering college tuition grants to students in need, the organization helps bridge the financial gap and enables these students to pursue higher education opportunities. This support ultimately contributes to the academic and professional success of Westport students, empowering them to achieve their educational goals and fulfill their potential.
This information is meant to be a general summary of Staples High School Tuition Grants Committee 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: $77,545
- Gross Receipts: $650,671
Assets and Liabilities:
- Total Assets: $2,290,041
- Total Liabilities: $0
- Net Assets: $2,290,041
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Organization Details
Founding Year
1943
Phone
(203) 227-8225Principal Officer
Trevor Lally
Main Address
PO BOX 5159, WESTPORT, CT, 068815159
Website
www.staplestuitiongrants.orgNTEE Category
Code: B82Z - Education
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