Overview
What is Nsb Caps Inc?
Nsb Caps Inc, a nonprofit organization, is headquartered in an unspecified location. Its primary focus is on supporting the educational aspirations of students. Specifically, they award scholarships to graduating seniors from New Smyrna Beach High School. This mission, aimed at fostering academic growth, is a testament to Nsb Caps Inc's dedication to nurturing promising young individuals in their community.
Official website here: www.nsbcaps.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Nsb Caps Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating indicates a solid performance in accountability and finance, with particularly strong marks for governance. Notably, the organization boasts 100% independent board members, which enhances its credibility and oversight. The lack of any material diversion of assets and a very high program expense ratio of 97.73% demonstrate a strong commitment to delivering its mission effectively.
However, there are some areas of concern that could affect its overall rating. The organization does not have a whistleblower policy or a document retention and destruction policy in place, which are both important for maintaining transparency and accountability. Additionally, the tax form is not posted on its website, which detracts from its accessibility to interested stakeholders. Addressing these limitations could strengthen the organization's governance framework.
Overall, Nsb Caps Inc shows a commendable focus on its programs and responsible financial management, but it is encouraged to improve its governance policies to enhance transparency and trust among potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Nsb Caps Inc legitimate?
Nsb Caps Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nsb Caps 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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For more financial information, click here
Official website here: www.nsbcaps.com
What is the mission statement of Nsb Caps Inc?
Nsb Caps Inc, an organization focused on student scholarships, grants scholarships to graduating seniors from New Smyrna Beach High School. Their mission is centered around supporting these students financially, aiming to provide educational opportunities and foster their future success. The organization's primary objective is to contribute to the academic growth of these students and help them pursue their higher education goals. By offering scholarships, Nsb Caps Inc is making a significant impact in the lives of these students, enabling them to overcome financial barriers and pursue their dreams.
Official website here: www.nsbcaps.com
Who is the CEO of Nsb Caps Inc?
Carissa Peterson is the Chairman Of of Nsb Caps Inc.
Official website here: www.nsbcaps.com
What is the revenue of Nsb Caps Inc?
Nsb Caps Inc's revenue in 2022 was $151,204.
Official website here: www.nsbcaps.com
Who are the executives of Nsb Caps Inc and what are their salaries?
There 75 volunteers at Nsb Caps Inc.
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Official website here: www.nsbcaps.com
Where can I find the form 990 for Nsb Caps Inc?
Nsb Caps Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nsbcaps.com
Learn more at the official website: www.nsbcaps.com
Mission Statement of Nsb Caps Inc
Nsb Caps Inc, a nonprofit organization, is dedicated to fulfilling its mission of providing scholarships to graduating seniors at New Smyrna Beach High School. This mission is guided by the organization's commitment to supporting student education and fostering academic success. By awarding scholarships, Nsb Caps Inc aims to alleviate some of the financial burdens associated with higher education, enabling deserving students to pursue their dreams and further their education. In doing so, Nsb Caps Inc contributes to the development of a future generation of educated and capable individuals, thereby enriching society as a whole.
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Impact
October, 2024
Nsb Caps Inc significantly impacts the local community by providing financial support to graduating seniors at New Smyrna Beach High School through scholarships. This initiative fosters educational opportunities, empowering students to pursue higher education and achieve their academic goals. By alleviating the financial burden of college expenses, Nsb Caps Inc plays a vital role in nurturing the potential of young individuals, promoting a culture of learning, and contributing to the overall development of the community in New Smyrna Beach, Florida.
This information is meant to be a general summary of Nsb Caps 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: $30,920
- Gross Receipts: $156,802
Assets and Liabilities:
- Total Assets: $895,091
- Total Liabilities: $0
- Net Assets: $895,091
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Organization Details
Founding Year
1995
Phone
(386) 428-2934Principal Officer
Carissa Peterson
Main Address
PO BOX 1808, NEW SMYRNA BEACH, FL, 32170
Website
www.nsbcaps.comNTEE Category
Code: B82 - Education
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