Overview
What is 21st Century Educational Foundation?
The 21st Century Educational Foundation is a nonprofit organization situated in Waverly, Tennessee. Their primary mission is to raise funds for awarding scholarships to eligible students who attend the Humphreys County Learning Center. During the recent reporting period, this foundation successfully granted scholarships to ten students. The organization's purpose is to support the education of local students, thereby contributing to their community's future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)
The 21st Century Educational Foundation has received a rating of "Needs Improvement," with an overall score of 73%. This rating indicates some strengths, particularly in accountability and finance, where it scored well due to a fully independent board and no material diversion of assets. The organization excels in its program expense ratio, which stands at 74.51%, indicating a strong commitment to allocating funds towards its programs.
However, the foundation has several significant weaknesses that affect its overall rating. Notably, it lacks essential governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which received zero points. Additionally, the foundation's website is not listed on its tax form, and it fails to post its tax documents on its website, which detracts from its transparency.
In summary, while the 21st Century Educational Foundation demonstrates a solid commitment to its educational programs, it must address its governance deficiencies to enhance accountability and build trust with potential donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is 21st Century Educational Foundation legitimate?
21st Century Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 21st Century Educational Foundation 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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What is the mission statement of 21st Century Educational Foundation?
The 21st Century Educational Foundation's primary mission is centered around fundraising with the purpose of providing scholarships to eligible students attending the Humphreys County Learning Center. This non-profit organization is committed to supporting the educational aspirations of these students, aiming to make higher education more accessible. During the recent reporting period, the foundation granted scholarships to 10 deserving students.
Who is the CEO of 21st Century Educational Foundation?
Michael Galloway is the Chairman of 21st Century Educational Foundation.
What is the revenue of 21st Century Educational Foundation?
21st Century Educational Foundation's revenue in 2022 was $77,819.
Who are the executives of 21st Century Educational Foundation and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for 21st Century Educational Foundation?
21st Century Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 21st Century Educational Foundation
The 21st Century Educational Foundation is an organization dedicated to raising funds with the primary goal of providing scholarships to eligible students who attend the Humphreys County Learning Center. The foundation's mission is centered around financially supporting these students, aiming to alleviate financial burdens and foster educational opportunities. During the recent reporting period, the foundation granted scholarships to ten deserving students, further demonstrating its commitment to this cause.
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Impact
August, 2024
21st Century Educational Foundation has a direct impact on students at the Humphreys County Learning Center by providing scholarships to qualifying students. During the current reporting period, the foundation has successfully awarded scholarships to 10 students, enabling them to further their education and reach their academic goals. This support plays a crucial role in helping students pursue their educational aspirations and build a better future for themselves.
This information is meant to be a general summary of 21st Century Educational Foundation. 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: $69,034
- Gross Receipts: $77,819
Assets and Liabilities:
- Total Assets: $575,141
- Total Liabilities: $0
- Net Assets: $575,141
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Organization Details
Founding Year
1996
Phone
(931) 296-3107Principal Officer
Michael Galloway
Main Address
PO BOX 444, WAVERLY, TN, 37185
NTEE Category
Code: Z99 - Unknown
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