Overview
What is Arkansas Single Parent Scholarship Fund?
The Arkansas Single Parent Scholarship Fund is a nonprofit organization situated in Springdale, Arkansas. Their primary mission is to empower low-income single parents by transitioning them from reliance on state, federal assistance programs, and local social services, to self-sufficiency, becoming tax-paying professionals capable of supporting their families independently. They achieve this by offering financial assistance and personal support to single parents pursuing post-secondary education, ultimately securing employment with wages above the poverty level. With a dedicated team of 23 employees, this nonprofit aims to enable single parents to attain self-sufficiency through higher education.
Official website here: www.aspsf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star Rating)
The Arkansas Single Parent Scholarship Fund (ASPSF) has achieved an impressive 95% score, reflecting its strong performance in both accountability and community engagement. With a perfect accountability score of 96, ASPSF demonstrates financial prudence and transparency, showcasing effective governance practices, including a fully independent board and comprehensive financial oversight.
Feedback from users and volunteers highlights the organization's impactful work in supporting single parents through education. Many reviews commend ASPSF for not only providing financial scholarships but also offering mentoring, workshops, and resources that equip parents with essential life skills. Clients express gratitude for the organization’s role in changing their lives and emphasizing the importance of education for breaking the cycle of poverty.
While the majority of feedback is overwhelmingly positive, there are occasional mentions of dissatisfaction regarding individual experiences with the application process. However, these instances appear to be exceptions rather than the norm. Overall, ASPSF is recognized as a vital resource for single parents striving for educational and financial stability in Arkansas.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Arkansas Single Parent Scholarship Fund?
98% of 29 reviewers on Facebook recommend the Arkansas Single Parent Scholarship Fund. Many users express appreciation for the organization's positive impact on single parents and their children.
Reviewers highlight the dedication of the leadership, particularly mentioning Ruthanne Hill, and commend the program's effectiveness in providing support and resources that truly help families thrive. Overall, the sentiment towards this nonprofit is overwhelmingly positive, with supporters acknowledging its crucial role in the community.
Consumers feel optimistic about the transformative work being done and the commitment shown towards enhancing the lives of single parents, making it clear that the organization is fulfilling its mission effectively.
This AI summary has been generated from reviews found on Facebook.
Is Arkansas Single Parent Scholarship Fund legitimate?
Arkansas Single Parent Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Single Parent Scholarship Fund 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: $121,838
Professional Fundraising Fees: $0
Other Salaries and Wages: $905,081
For more financial information, click here
Official website here: www.aspsf.org
What is the mission statement of Arkansas Single Parent Scholarship Fund?
The Arkansas Single Parent Scholarship Fund's mission is to help single parents achieve self-sufficiency through post-secondary education. They provide financial assistance and personal support to low-income single parents who are currently enrolled in a post-secondary course of study leading to employment with family-supporting wages. The organization aims to assist these single parents in transitioning from a life of dependence on tax-funded assistance programs and local social services to one of self-sufficiency, as they become tax-paying professionals proudly supporting their families on their own. This is achieved by helping single parents complete their two or four-year college degrees or professional certificates, which open doors to new employment opportunities at wages above the poverty level.
Official website here: www.aspsf.org
Who is the CEO of Arkansas Single Parent Scholarship Fund?
Ruthanne Hill is the Director of Arkansas Single Parent Scholarship Fund.
Official website here: www.aspsf.org
What is the revenue of Arkansas Single Parent Scholarship Fund?
Arkansas Single Parent Scholarship Fund's revenue in 2022 was $1,344,973.
Official website here: www.aspsf.org
Who are the executives of Arkansas Single Parent Scholarship Fund and what are their salaries?
The average compensation at Arkansas Single Parent Scholarship Fund during 2022 was $44,649. There are 23 employees and 413 volunteers at Arkansas Single Parent Scholarship Fund.
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- Compensation: $121,838
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- Other: $4,874
Official website here: www.aspsf.org
Where can I find the form 990 for Arkansas Single Parent Scholarship Fund?
Arkansas Single Parent Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aspsf.org
Learn more at the official website: www.aspsf.org
Mission Statement of Arkansas Single Parent Scholarship Fund
The Arkansas Single Parent Scholarship Fund's mission is centered around empowering single parents to achieve self-sufficiency through post-secondary education. By providing financial assistance and personal support, this organization assists low-income single parents who are currently enrolled in a post-secondary course of study leading to employment with family-supporting wages. The Arkansas Single Parent Scholarship Fund aims to help single parents transition from a life of dependency, relying on tax-funded state and federal assistance programs and local social services, to one of self-sufficiency. As they complete their two or four-year college degrees or professional certificates, single parents can secure employment at wages above the poverty level, becoming tax-paying professionals proudly supporting their families on their own. This nonprofit organization plays a crucial role in helping single parents break the cycle of dependency and achieve financial independence.
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Impact
July, 2024
Arkansas Single Parent Scholarship Fund's impact is significant in empowering single parents to achieve self-sufficiency through post-secondary education. By providing financial assistance and personal support, ASPSF enables low-income single parents to complete their college degrees or professional certificates, ultimately leading to higher-paying jobs above the poverty level. Through this support, single parents are able to transition from relying on government assistance to becoming tax-paying professionals who can proudly support their families independently. This not only benefits the individuals receiving the scholarships but also has a positive ripple effect on their families and communities.
This information is meant to be a general summary of Arkansas Single Parent Scholarship Fund. 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: $104,036
- Gross Receipts: $1,982,362
Assets and Liabilities:
- Total Assets: $9,598,450
- Total Liabilities: $222,749
- Net Assets: $9,375,701
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Organization Details
Founding Year
1990
Phone
(479) 927-1402Principal Officer
Ruthanne Hill
Main Address
PO BOX 854, SPRINGDALE, AR, 72764
Website
www.aspsf.orgNTEE Category
Code: B82 - Education
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