Overview
What is Independent Scholarship Inc?
Independent Scholarship Inc, as indicated in the provided information, is a nonprofit organization that prioritizes education, specifically focusing on students from grades K4 to 12. Their activities and mission adhere to the guidelines outlined in IRC 170 (b)(1)(a). This suggests that their programs and initiatives are aligned with the standards for charitable contributions, implying a commitment to providing quality educational opportunities for young learners.
Official website here: www.valwood.org
What are the reviews and ratings of this charity?
Charity Navigator rates Independent Scholarship Inc with an 81% score, granting it a Three-Star out of Four Star rating. This score reflects the charity's strong performance in Accountability and Finance, which is the sole criterion evaluated in this case. A rating of 81 indicates a solid level of transparency and effective financial management within the organization.
One of the significant strengths of Independent Scholarship Inc lies in its governance. The organization boasts a board that is entirely independent, consisting of 18 members, which is a positive indicator of its commitment to ethical management. Additionally, the charity has shown no material diversion of assets and has a well-documented conflict of interest and whistleblower policy, further enhancing its accountability.
Despite its strengths, the charity's overall assessment primarily focuses on financial metrics, and users might desire more detailed insights into program effectiveness or beneficiary impact. While the high program expense ratio of 77.91% indicates that a significant portion of funding is directed towards its mission, potential donors may benefit from more comprehensive data regarding the outcomes of the programs funded by the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Independent Scholarship Inc legitimate?
Independent Scholarship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Scholarship 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: $165,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,208,149
For more financial information, click here
Official website here: www.valwood.org
What is the mission statement of Independent Scholarship Inc?
Independent Scholarship Inc, through its affiliated institution Valwood School, focuses on education, specifically catering to students from grades K4 to 12. The institution adheres to the educational guidelines outlined in IRC 170 (b)(1)(a), ensuring its programs align with these standards. The mission of Independent Scholarship Inc, in essence, is to provide quality education to its students within this age range, adhering to established educational guidelines.
Official website here: www.valwood.org
Who is the CEO of Independent Scholarship Inc?
John Peeples is the Head Of Scho of Independent Scholarship Inc.
Official website here: www.valwood.org
What is the revenue of Independent Scholarship Inc?
Independent Scholarship Inc's revenue in 2023 was $6,752,766.
Official website here: www.valwood.org
Who are the executives of Independent Scholarship Inc and what are their salaries?
The average compensation at Independent Scholarship Inc during 2023 was $27,877. There are 121 employees at Independent Scholarship Inc.
Here are 19 key members and their salaries:
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Official website here: www.valwood.org
Where can I find the form 990 for Independent Scholarship Inc?
Independent Scholarship Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.valwood.org
Learn more at the official website: www.valwood.org
Mission Statement of Independent Scholarship Inc
Independent Scholarship Inc, as outlined in its mission description, is dedicated to providing education for students in the primary to secondary school age range, specifically grades K4 through 12. The organization aligns its educational programs with the guidelines established under IRC 170 (b)(1)(a). In essence, Independent Scholarship Inc is committed to shaping the future of young learners, offering them an educational environment that adheres to established standards.
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Impact
July, 2024
Independent Scholarship Inc, operating as Valwood School in Hahira, GA, has a significant impact on education for students in grades K4 through 12. The school's programs align with the guidelines set forth in IRC 170 (b)(1)(a) and aim to provide a high-quality education to students at all grade levels. By focusing on education and academic excellence, Independent Scholarship Inc positively influences the development and future opportunities of its students.
This information is meant to be a general summary of Independent Scholarship 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: $50,020
- Program Service Revenue: $5,840,769
- Gross Receipts: $6,752,766
Assets and Liabilities:
- Total Assets: $10,959,526
- Total Liabilities: $4,769,177
- Net Assets: $6,190,349
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$5,297,773
STUDENT ACTIVITIES
Revenue
$440,153
AUXILIARY PROGRAMS
Revenue
$102,843
Organization Details
Founding Year
1969
Phone
(229) 242-8491Principal Officer
John Peeples
Main Address
4380 OLD US HWY 41 N, HAHIRA, GA, 31632
Website
www.valwood.orgNTEE Category
Code: B25 - Education
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