Overview
What is Southern Educational Fund Inc?
Southern Educational Fund Inc, situated in Ponce, Puerto Rico, is a nonprofit organization committed to delivering human, cultural, intellectual, scientific, and moral education. Despite facing challenges due to the COVID-19 pandemic, they managed to educate approximately 250 students in 2022. Their primary mission is to serve the youth and poor communities in the southern region of Puerto Rico, aiming to revert to their typical student population of 500. To achieve this, they organize educational activities for college students and promote values to young professionals.
Official website here: www.guajiles.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Southern Educational Fund Inc has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization achieved a total score of 97%, reflecting its adherence to high standards in nonprofit management and transparency. Notably, the rating is based solely on the Accountability & Finance beacon, demonstrating the organization’s focus on responsible governance.
Strengths highlighted include a fully independent board, with 100% of its members meeting this criterion, and a low liabilities-to-assets ratio of 5.20%. The fund has also successfully implemented various governance policies, such as conflict of interest and whistleblower protections, which were all listed and met the required standards. Additionally, the organization shows full financial responsibility with a program expense ratio of 100%, indicating that all of its expenditures are directed toward its programs.
Despite the strong rating, it's essential to recognize that the assessment is limited to just one facet of the organization’s overall performance. Prospective donors and supporters may want to consider additional aspects such as program effectiveness and community impact to gain a comprehensive understanding of the Southern Educational Fund Inc's overall contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Educational Fund Inc legitimate?
Southern Educational Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Educational 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.guajiles.org
What is the mission statement of Southern Educational Fund Inc?
The Southern Educational Fund Inc's mission is centered around providing comprehensive education, encompassing cultural, intellectual, scientific, and moral aspects. Their primary focus is on youth and students residing in the southern region of Puerto Rico. The organization strives to organize activities aimed at achieving this multifaceted education, particularly for young college students and disadvantaged communities. Additionally, they aim to promote activities for young professionals, encouraging the attainment of human and moral values. In 2022, they were able to educate an estimated 250 students, despite the challenges posed by the COVID-19 pandemic. Their goal is to restore their average student population of 500 and continue serving this community during these challenging times.
Official website here: www.guajiles.org
Who is the CEO of Southern Educational Fund Inc?
Francsico De Armas is the President of Southern Educational Fund Inc.
Official website here: www.guajiles.org
What is the revenue of Southern Educational Fund Inc?
Southern Educational Fund Inc's revenue in 2022 was $184,124.
Official website here: www.guajiles.org
Who are the executives of Southern Educational Fund Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.guajiles.org
Where can I find the form 990 for Southern Educational Fund Inc?
Southern Educational Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.guajiles.org
Learn more at the official website: www.guajiles.org
Mission Statement of Southern Educational Fund Inc
Southern Educational Fund Inc, with a focus on the southern region of Puerto Rico, is committed to providing comprehensive education to youth and students. Their mission encompasses human, cultural, intellectual, scientific, and moral education, aiming to uplift and enrich the lives of these individuals. The organization actively organizes activities to achieve this goal, extending their reach to impoverished communities and young college students. Furthermore, Southern Educational Fund Inc seeks to promote activities that instill human and moral values in young professionals, fostering a well-rounded development in these individuals. In the year 2022, the organization was able to impact around 250 students due to the challenges posed by the pandemic. Their ultimate objective is to return to their average of 500 students and continue serving this community in these challenging times.
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Impact
October, 2024
Southern Educational Fund Inc significantly impacts the southern region of Puerto Rico by providing essential human, cultural, intellectual, scientific, and moral education to youth and students. In 2022, despite challenges posed by the COVID-19 pandemic, the organization served approximately 250 students, demonstrating its commitment to education and community support. The goal is to return to serving an average of 500 students, thereby enhancing its reach and effectiveness in addressing the needs of young people, particularly in economically disadvantaged communities.
By organizing various activities, Southern Educational Fund Inc fosters not only academic growth but also the development of character and moral values among young college students and professionals. This holistic approach to youth development aims to empower individuals and uplift communities, laying the foundation for a brighter future in the region. Through its educational initiatives, the organization plays a crucial role in equipping the next generation with the tools and values necessary to navigate the complexities of modern society.
This information is meant to be a general summary of Southern Educational 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.
- Program Service Revenue: $42,110
- Gross Receipts: $184,124
Assets and Liabilities:
- Total Assets: $753,582
- Total Liabilities: $44,076
- Net Assets: $709,506
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Activities
Revenue
$41,970
Miscelanous
Revenue
$140
Organization Details
Founding Year
1981
Phone
(787) 538-6555Principal Officer
Francsico De Armas
Main Address
1814 ALCAZAR ST LA ALHAMBRA, PONCE, PR, 007160000
Website
www.guajiles.orgNTEE Category
Code: O20 - Youth development
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