Overview
What is Wings Over America Scholarship Fdtn?
Wings Over America Scholarship Foundation is a nonprofit organization based in Virginia Beach, Virginia. In the fiscal year 2022, they awarded 87 scholarships ranging from $250 to $5,000 to eligible college and high school students, as well as military spouses. The foundation's mission is to support the dependent children and spouses of active-duty, retired, honorably discharged, or deceased naval aviation personnel, both officers and enlistees. Scholarship recipients are chosen based on their academic merit, community service, and financial need. With a small team of one employee, this organization demonstrates a strong commitment to assisting naval aviation personnel's families in their educational pursuits.
Official website here: www.woasf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star Rating
Wings Over America Scholarship Foundation has achieved a commendable rating of 91% from Charity Navigator, indicating high performance in accountability and finance. The organization boasts an impressive 92% in the Accountability & Finance category, demonstrating robust financial management practices, including a low liabilities to assets ratio of 0.57% and an exceptional program expense ratio of 90.28%. This shows a significant commitment to directing funds towards its mission.
The foundation also showcases strengths in governance, with 100% of its board members being independent, as well as comprehensive oversight mechanisms in place, such as an Audit and Oversight Committee. While the organization excels in many areas, it does have a missing whistleblower policy, which is a notable gap in its governance structure. This could raise concerns regarding transparency and accountability in the event of internal issues.
In terms of community engagement, the foundation scored highly in constituent feedback, demonstrating its effectiveness in collecting and utilizing feedback, and addressing challenges. However, while its equity strategies are satisfactory at 79%, there is room for improvement in equity policies and processes, scoring 4 out of 7. Overall, Wings Over America Scholarship Foundation is recognized for its strong financial health and governance, while still having opportunities to enhance its policy frameworks.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wings Over America Scholarship Fdtn?
100% of 11 reviewers on Facebook recommend the Wings Over America Scholarship Foundation. Here is a summary of their reviews:
The appreciation for this nonprofit is clear, as many users express deep gratitude for the support their children received through the scholarship program. One specific review highlights a family's heartfelt thanks for the timely assistance that made a significant difference in their daughter’s education.
Overall, the sentiment is overwhelmingly positive, indicating that the foundation truly fulfills its mission of helping military families with educational scholarships. Many see it as a vital resource, and the strong endorsement suggests a commitment to excellence in their services.
This AI summary has been generated from reviews found on Facebook.
Is Wings Over America Scholarship Fdtn legitimate?
Wings Over America Scholarship Fdtn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wings Over America Scholarship Fdtn 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: $66,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.woasf.org
What is the mission statement of Wings Over America Scholarship Fdtn?
The Wings Over America Scholarship Foundation's mission is centered around providing college scholarships. This organization aims to support the dependent children and spouses of United States Navy aviation personnel, both officers and enlisted, who are either actively serving, retired, honorably discharged, or have passed away. Scholarship recipients are chosen based on their academic merit, involvement in community service, and financial need. In the fiscal year ending 2022, the foundation awarded 87 scholarships, ranging from $250 to $5,000, to eligible college and high school students, as well as military spouses.
Official website here: www.woasf.org
What is the revenue of Wings Over America Scholarship Fdtn?
Wings Over America Scholarship Fdtn's revenue in 2024 was $612,516.
Official website here: www.woasf.org
Who are the executives of Wings Over America Scholarship Fdtn and what are their salaries?
The average compensation at Wings Over America Scholarship Fdtn during 2024 was $66,000. There is 1 employee and 15 volunteers at Wings Over America Scholarship Fdtn.
Here are 15 key members and their salaries:
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- Compensation: $66,000
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Official website here: www.woasf.org
Where can I find the form 990 for Wings Over America Scholarship Fdtn?
Wings Over America Scholarship Fdtn's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.woasf.org
Learn more at the official website: www.woasf.org
Mission Statement of Wings Over America Scholarship Fdtn
Wings Over America Scholarship Foundation is committed to providing college scholarships to the dependents and spouses of United States Navy aviation personnel. This includes both active duty, retired, honorably discharged, and deceased personnel. The foundation's mission is rooted in the belief that these individuals deserve financial support to pursue higher education. The selection process for these scholarships is based on three key factors: scholastic merit, community service, and financial need. By offering these scholarships, Wings Over America Scholarship Foundation aims to contribute to the academic growth and future success of these individuals, thereby honoring the service and sacrifice of their Navy aviation family members.
In the fiscal year ending 2022, the foundation demonstrated its commitment to this mission by awarding 87 scholarships. These scholarships ranged in value from $250 to $5,000 and were granted to eligible college and high school students, as well as military spouses. The scholarships provided by Wings Over America Scholarship Foundation not only alleviate the financial burden of higher education but also serve as a testament to the importance of recognizing the contributions of Navy aviation personnel and their families. The foundation's mission, therefore, plays a significant role in supporting the educational aspirations and future prospects of these individuals, thereby fostering a sense of continuity and recognition for their families' service to the nation.
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Impact
July, 2024
The Wings Over America Scholarship Foundation has a significant impact on the lives of dependent children and spouses of US Navy aviation personnel. By awarding scholarships based on scholastic merit, community service, and financial need, the foundation supports the educational aspirations of individuals connected to the Navy aviation community. In the fiscal year ending 2022, the foundation awarded 87 scholarships ranging from $250 to $5,000. This assistance helps recipients pursue higher education, thereby contributing to their personal and professional advancement. Through its focused mission, the foundation plays a vital role in empowering and supporting the educational pursuits of deserving individuals affiliated with US Navy aviation personnel.
This information is meant to be a general summary of Wings Over America Scholarship Fdtn. 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 2024.
- Investment Income: $46,999
- Gross Receipts: $1,454,946
Assets and Liabilities:
- Total Assets: $1,113,330
- Total Liabilities: $6,500
- Net Assets: $1,106,830
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Organization Details
Founding Year
1987
Principal Officer
Andrea M Diamond
Website
www.woasf.orgNTEE Category
Code: B82 - Education
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