Overview
What is Development Fund For Black Students In Science & Tech Inc?
Development Fund For Black Students In Science & Tech Inc is a nonprofit organization based in Washington D.C., specifically at 2705 Bladensburg Road NE. Their primary mission is granting scholarships to students pursuing degrees in science and technology. To be eligible for these scholarships, candidates must meet certain economic and academic criteria set by the organization's board. The aim of these scholarships is to support and encourage black students in these fields, contributing to the diversification of the science and technology sectors.
Official website here: www.dfbsstscholarship.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Development Fund For Black Students In Science & Tech Inc has received a strong rating of 90%, indicating a high level of accountability and financial health. This rating is based solely on their performance in the Accountability & Finance beacon, where they excelled in several key areas, including having a fully independent board and no material diversion of assets. Their program expense ratio is also impressive at 87.19%, showing that a significant portion of their resources is directed towards their programs.
The organization has established a solid foundation with all independent board members, which speaks to its governance quality. They have clear policies in place regarding conflicts of interest and document retention, contributing to their overall financial transparency and responsibility. However, it is noted that they are missing a whistleblower policy, which could be an area for improvement.
Overall, the Development Fund For Black Students In Science & Tech Inc demonstrates strong financial management and accountability practices. While there is room for improvement in policies related to whistleblower protections, the organization shows a commitment to using its resources effectively for its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Development Fund For Black Students In Science & Tech Inc legitimate?
Development Fund For Black Students In Science & Tech Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Development Fund For Black Students In Science & Tech 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
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Official website here: www.dfbsstscholarship.org
What is the mission statement of Development Fund For Black Students In Science & Tech Inc?
The Development Fund For Black Students In Science & Tech Inc is committed to granting scholarships to students who meet specific criteria. This non-profit organization's mission is centered around supporting students majoring in science and technology. They have established a set of economic and academic criteria that the eligible students must fulfill. The primary objective of these scholarships is to assist and empower these students in pursuing their education in the fields of science and technology.
Official website here: www.dfbsstscholarship.org
Who is the CEO of Development Fund For Black Students In Science & Tech Inc?
Hattie Carwell is the Chairman of Development Fund For Black Students In Science & Tech Inc.
Official website here: www.dfbsstscholarship.org
What is the revenue of Development Fund For Black Students In Science & Tech Inc?
Development Fund For Black Students In Science & Tech Inc's revenue in 2022 was $48,901.
Official website here: www.dfbsstscholarship.org
Who are the executives of Development Fund For Black Students In Science & Tech Inc and what are their salaries?
There 7 volunteers at Development Fund For Black Students In Science & Tech Inc.
Here are 5 key members and their salaries:
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Official website here: www.dfbsstscholarship.org
Where can I find the form 990 for Development Fund For Black Students In Science & Tech Inc?
Development Fund For Black Students In Science & Tech Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dfbsstscholarship.org
Learn more at the official website: www.dfbsstscholarship.org
Mission Statement of Development Fund For Black Students In Science & Tech Inc
Development Fund For Black Students In Science & Tech Inc is an organization committed to granting scholarships to students who meet specific criteria. The nonprofit's mission is to identify and support students pursuing degrees in science and technology. To achieve this, the organization has established certain economic and academic criteria that potential recipients must meet. By providing financial assistance, Development Fund For Black Students In Science & Tech Inc aims to enhance the educational opportunities and future prospects of its scholarship recipients, thereby contributing to the diversification and enrichment of the fields of science and technology.
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Impact
August, 2024
Development Fund For Black Students In Science & Tech Inc's impact can be seen in the scholarships granted to students majoring in science and technology. By establishing economic and academic criteria, the organization ensures that deserving students have access to financial support for their education. This direct assistance contributes to the advancement of black students in the fields of science and technology, providing opportunities for growth and success in these important sectors.
This information is meant to be a general summary of Development Fund For Black Students In Science & Tech 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: $12,072
- Gross Receipts: $48,901
Assets and Liabilities:
- Total Assets: $534,164
- Total Liabilities: $2,300
- Net Assets: $531,864
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Organization Details
Founding Year
1986
Phone
(202) 635-3604Principal Officer
Hattie Carwell
Main Address
2705 BLADENSBURG ROAD NE, WASHINGTON, DC, 20018
Website
www.dfbsstscholarship.orgNTEE Category
Code: B84 - Education
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