Overview
What is Marlow Alumni Association Inc?
Marlow Alumni Association Inc, based in Marlow, Oklahoma, is a nonprofit organization known for its long-standing commitment to supporting education. Their primary mission is to provide scholarships for individuals who have graduated from Marlow High School in Marlow, Oklahoma. This financial aid helps deserving students pursue their academic goals and further their education. The organization's activities are centered around this mission, demonstrating their dedication to the community and its future leaders.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%) - Two-Star out of Four Star rating
The Marlow Alumni Association Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. While the organization boasts a perfect score for accountability and finance, with all independent board members and no material diversion of assets, it lacks critical policies and transparency measures. Specifically, their website is missing essential documentation, including a conflict of interest policy and a whistleblower policy.
The organization excelled in its program expense ratio, reflecting a commitment to directing funds towards its programs. However, the absence of key governance policies and missing information on their website raises concerns about operational transparency and accountability. These factors contribute to the overall need for better organizational practices and adherence to best practices in nonprofit governance.
While the financial health appears strong, the lack of a comprehensive online presence and the missing policies indicate room for growth. Strengthening these areas could significantly enhance their rating and trustworthiness in the eyes of potential donors and community members.
This AI summary has been generated from information found on Charity Navigator.
Is Marlow Alumni Association Inc legitimate?
Marlow Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marlow Alumni Association 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
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What is the mission statement of Marlow Alumni Association Inc?
The Marlow Alumni Association Inc's primary mission is centered around providing financial assistance in the form of scholarships. This is extended to students who have completed their high school education at Marlow High School. Over the years, the association has been consistently awarding scholarships to these deserving students. The organization's mission is driven by the desire to support the educational growth and development of these students, thereby contributing to their future success.
Who is the CEO of Marlow Alumni Association Inc?
Leon Dittner is the Treasurer of Marlow Alumni Association Inc.
What is the revenue of Marlow Alumni Association Inc?
Marlow Alumni Association Inc's revenue in 2022 was $17,929.
Who are the executives of Marlow Alumni Association Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Marlow Alumni Association Inc?
Marlow Alumni Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marlow Alumni Association Inc
The Marlow Alumni Association Inc, as its mission statement suggests, is dedicated to providing financial aid in the form of scholarships for students who have successfully completed their educational journey at Marlow High School in Marlow, Oklahoma. Over the years, the organization has been committed to this cause, extending its support to numerous graduates from the high school. The primary objective of Marlow Alumni Association Inc is to help deserving students pursue their higher education by offering scholarships, thereby contributing to their personal growth and development.
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Impact
August, 2024
Marlow Alumni Association Inc's impact lies in its provision of scholarships to students who have graduated from Marlow High School in Marlow, OK. This initiative has been ongoing for many years, offering financial assistance to deserving graduates pursuing further education. By supporting these students through scholarships, Marlow Alumni Association Inc contributes to the educational advancement and opportunities for individuals in the Marlow community.
This information is meant to be a general summary of Marlow Alumni Association 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: $19
- Program Service Revenue: $17,910
- Gross Receipts: $17,929
Assets and Liabilities:
- Total Assets: $138,377
- Total Liabilities: $0
- Net Assets: $138,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$17,910
Organization Details
Founding Year
2000
Principal Officer
Leon Dittner
Main Address
P O BOX 5, Marlow, OK, 73055
NTEE Category
Code: B84 - Education
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