Overview
What is Project Stay Scholarships To Able Youths?
Project Stay Scholarships To Able Youths is a nonprofit organization situated in San Antonio, Texas, with a specific focus on empowering underprivileged students. Their mission is to facilitate the enrollment of these students in higher learning institutions and offer financial aid to support their educational pursuits. With a team of 21 dedicated individuals, the organization works tirelessly to provide Talent Search programs, helping deserving students secure a place in educational institutions and overcome financial barriers. Their activities extend beyond financial assistance, aiming to equip these youths with the necessary tools for academic success.
Official website here: www.projectstay.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Project Stay Scholarships To Able Youths has received an 86% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scores particularly well in areas like independent board membership and financial audits, showcasing a commitment to transparency and adherence to best practices in governance. The charity also maintains a high program expense ratio of 76.81%, which suggests that a significant portion of its funding is directed towards its programs rather than administrative costs.
The charity's governance structure is robust, with all board members being independent, which strengthens its overall accountability. Additionally, the charity has effective policies in place regarding conflicts of interest and whistleblower protections, which are critical for maintaining ethical standards and safeguarding the integrity of its operations.
However, there is a noted concern regarding the liabilities to assets ratio, which stands at 63.60%. This may indicate potential financial risk, suggesting that the organization should monitor its liabilities closely to ensure long-term sustainability. Overall, while Project Stay Scholarships To Able Youths exhibits strong governance and program focus, attention to its financial ratios will be essential for ongoing success.
This AI summary has been generated from information found on Charity Navigator.
Is Project Stay Scholarships To Able Youths legitimate?
Project Stay Scholarships To Able Youths is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Stay Scholarships To Able Youths 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: $357,387
Professional Fundraising Fees: $0
Other Salaries and Wages: $780,766
For more financial information, click here
Official website here: www.projectstay.org
What is the mission statement of Project Stay Scholarships To Able Youths?
Project Stay Scholarships To Able Youths is an organization dedicated to helping individuals in their pursuit of post-secondary education. Its mission is to provide assistance, which includes identifying underprivileged students and placing them in learning institutions, as well as offering financial aid. The organization aims to make higher education more accessible, thereby empowering individuals to improve their lives and prospects. By providing this support, Project Stay Scholarships To Able Youths contributes to the broader goal of fostering personal growth and community development.
Official website here: www.projectstay.org
What is the revenue of Project Stay Scholarships To Able Youths?
Project Stay Scholarships To Able Youths's revenue in 2023 was $1,785,843.
Official website here: www.projectstay.org
Who are the executives of Project Stay Scholarships To Able Youths and what are their salaries?
The average compensation at Project Stay Scholarships To Able Youths during 2023 was $59,903. There are 19 employees at Project Stay Scholarships To Able Youths.
Here are 6 key members and their salaries:
- Compensation: $211,246
- Related: $0
- Other: $33,920
- Compensation: $142,987
- Related: $0
- Other: $22,676
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.projectstay.org
Where can I find the form 990 for Project Stay Scholarships To Able Youths?
Project Stay Scholarships To Able Youths's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.projectstay.org
Learn more at the official website: www.projectstay.org
Mission Statement of Project Stay Scholarships To Able Youths
Project Stay Scholarships To Able Youths, as its name suggests, is an organization dedicated to helping individuals attain a post-secondary education. This nonprofit's mission lies in providing assistance to those who may be underprivileged, facilitating their enrollment into learning institutions, and offering financial aid. In simpler terms, Project Stay Scholarships To Able Youths aims to empower individuals by making higher education more accessible to them. The organization's Talent Search program is a key initiative in this mission, placing students in educational institutions and providing the necessary financial support to make their academic pursuits possible.
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Impact
July, 2024
Project Stay Scholarships To Able Youths has positively impacted underprivileged individuals by assisting them in pursuing post-secondary education opportunities. Through its Talent Search program, the organization has successfully placed disadvantaged students into learning institutions and provided crucial financial assistance. In doing so, Project Stay Scholarships To Able Youths is actively working towards bridging the educational gap and empowering youths to reach their full potential. Its impact extends beyond just academic achievement, as it also contributes to the overall betterment of the community.
This information is meant to be a general summary of Project Stay Scholarships To Able Youths. 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 2023.
- Investment Income: -$163
- Gross Receipts: $1,785,843
Assets and Liabilities:
- Total Assets: $408,898
- Total Liabilities: $262,440
- Net Assets: $146,458
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Organization Details
Founding Year
1972
Phone
(210) 433-9307Principal Officer
Oscar Hernandez
Main Address
700 S Zarzamora, San Antonio, TX, 78207
Website
www.projectstay.orgNTEE Category
Code: B82Z - Education
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