Overview
What is Colleen & Erin Marlatt Scholarship Fund Inc?
Colleen & Erin Marlatt Scholarship Fund Inc is a nonprofit organization based in Clarksville, Maryland. Their primary mission is to honor teachers and administrators who have dedicated their careers to Catholic education by offering partial academic scholarships. These scholarships are designed for students attending private high schools or colleges. The fund recognizes the selfless commitment of these individuals, providing financial support to their academic pursuits. The organization operates from a PO Box located in Clarksville, Maryland.
Official website here: www.colleenanderin.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Colleen & Erin Marlatt Scholarship Fund Inc has received an 83% rating, signifying a solid performance in accountability and financial health. The organization boasts a high program expense ratio of 96.75%, indicating that a significant majority of its funds are allocated directly to its scholarship programs. Additionally, it has achieved perfect scores in several areas, including independent board member representation and the absence of material diversion of assets.
However, there are notable areas for improvement. The organization lacks a whistleblower policy and a document retention and destruction policy, which could affect transparency and governance. Despite these shortcomings, the presence of a conflict of interest policy and documented board meeting minutes reflects a commitment to maintaining accountability.
Overall, while the Colleen & Erin Marlatt Scholarship Fund Inc demonstrates strong financial management and prioritization of its mission, enhancing its governance policies could further strengthen its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Colleen & Erin Marlatt Scholarship Fund Inc legitimate?
Colleen & Erin Marlatt Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colleen & Erin Marlatt Scholarship Fund 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.colleenanderin.org
What is the mission statement of Colleen & Erin Marlatt Scholarship Fund Inc?
The Colleen & Erin Marlatt Scholarship Fund Inc. is committed to acknowledging the notable sacrifices made by educators and educational administrators who have responded to their divine calling in Catholic education. They achieve this mission by granting partial academic scholarships to deserving students pursuing their education at private high schools or colleges. This financial aid is an expression of gratitude for the significant role these educators play in shaping the future generations within the Catholic educational system.
Official website here: www.colleenanderin.org
Who is the CEO of Colleen & Erin Marlatt Scholarship Fund Inc?
Scott Lancaster is the Director of Colleen & Erin Marlatt Scholarship Fund Inc.
Official website here: www.colleenanderin.org
What is the revenue of Colleen & Erin Marlatt Scholarship Fund Inc?
Colleen & Erin Marlatt Scholarship Fund Inc's revenue in 2022 was $35,118.
Official website here: www.colleenanderin.org
Who are the executives of Colleen & Erin Marlatt Scholarship Fund Inc and what are their salaries?
There 10 volunteers at Colleen & Erin Marlatt Scholarship Fund Inc.
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Official website here: www.colleenanderin.org
Where can I find the form 990 for Colleen & Erin Marlatt Scholarship Fund Inc?
Colleen & Erin Marlatt Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.colleenanderin.org
Learn more at the official website: www.colleenanderin.org
Mission Statement of Colleen & Erin Marlatt Scholarship Fund Inc
The Colleen & Erin Marlatt Scholarship Fund Inc is devoted to honoring the selfless dedication of teachers and administrators who have responded to God's call to serve in Catholic education. Their mission is to express appreciation for these individuals by offering partial academic scholarships as a form of financial support. This nonprofit organization aims to recognize the significant sacrifices made by these educators, thereby encouraging and supporting their continued service in shaping the future of Catholic education. By providing these scholarships, the Colleen & Erin Marlatt Scholarship Fund Inc seeks to alleviate some of the financial burden faced by students attending private high schools or colleges, thereby enabling them to pursue their educational goals with greater ease.
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Impact
August, 2024
The Colleen & Erin Marlatt Scholarship Fund Inc has a meaningful impact on Catholic education by recognizing the sacrifices made by teachers and administrators in this field. Through providing financial support in the form of partial academic scholarships, the fund helps students attending private high schools or colleges pursue their educational goals. By acknowledging the dedication of educators in Catholic education, the scholarship fund contributes to the sustainability and quality of these institutions.
This information is meant to be a general summary of Colleen & Erin Marlatt Scholarship Fund 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.
- Gross Receipts: $36,304
Assets and Liabilities:
- Total Assets: $1,016,065
- Total Liabilities: $0
- Net Assets: $1,016,065
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Organization Details
Founding Year
2001
Phone
(410) 796-4437Principal Officer
Scott Lancaster
Main Address
PO Box 321, Clarksville, MD, 21029
Website
www.colleenanderin.orgNTEE Category
Code: B82 - Education
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