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Rey Feo Scholarship Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 741878074 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Rey Feo Scholarship Foundation?

The Rey Feo Scholarship Foundation, located at 626 AVE E, San Antonio, TX 78215, is a nonprofit organization devoted to promoting higher education among students in the San Antonio area and its surroundings. Their primary mission is to offer scholarships, ensuring access to higher education regardless of an individual's race, color, religion, or gender. This commitment to equal opportunities is intertwined with their goal of raising educational awareness within the local community. The foundation is operated by a single employee, demonstrating its focused dedication to supporting students seeking higher education.


Official website here: www.reyfeoscholarship.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

The Rey Feo Scholarship Foundation has received a solid score of 86% from Charity Navigator, reflecting its effective use of funds and strong impact measurement practices. With a high Impact & Measurement Score of 100, the foundation demonstrates a clear commitment to assessing the outcomes of its scholarship programs. This rating indicates a well-structured organization focused on maximizing its contributions to scholarship recipients.

Financially, the foundation exhibits a Program Expense Ratio of 72.54%, suggesting that a substantial portion of its expenses is directed towards programs rather than administrative costs. Additionally, the Liabilities to Assets Ratio of 0.64% indicates a healthy financial position, showcasing the organization's ability to manage its resources effectively.

However, the Accountability & Finance Score stands at 69, which may suggest areas for improvement in financial transparency or operational efficiency. Overall, while the foundation excels in impact and program delivery, it could enhance its accountability measures to further bolster its reputation and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Rey Feo Scholarship Foundation legitimate?

Rey Feo Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rey Feo Scholarship 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $42,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.reyfeoscholarship.com

What is the mission statement of Rey Feo Scholarship Foundation?

The Rey Feo Scholarship Foundation's mission is centered around providing scholarships to aid students in pursuing higher education. This commitment is inclusive, disregarding factors such as race, color, religion, or gender. The foundation also aims to raise awareness about the accessibility of higher education among students in specific regions, specifically those residing in the San Antonio, Texas area. The organization supports an annual event, known as the Rey Feo event, which serves to boost educational awareness among the students in the surrounding areas.


Official website here: www.reyfeoscholarship.com

Who is the CEO of Rey Feo Scholarship Foundation?

Johnny Gabriel is the Chairman of Rey Feo Scholarship Foundation.


Official website here: www.reyfeoscholarship.com

What is the revenue of Rey Feo Scholarship Foundation?

Rey Feo Scholarship Foundation's revenue in 2022 was $825,968.


Official website here: www.reyfeoscholarship.com

Who are the executives of Rey Feo Scholarship Foundation and what are their salaries?

The average compensation at Rey Feo Scholarship Foundation during 2022 was $42,272. There is 1 employee at Rey Feo Scholarship Foundation.


Here are 8 key members and their salaries:


Johnny Gabriel (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramiro Valadez Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Lowry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Galvan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Gabriel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Saks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie Gabriel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Castoreno (Executive Director)
  • Compensation: $42,073
  • Related: $0
  • Other: $0


Official website here: www.reyfeoscholarship.com

Where can I find the form 990 for Rey Feo Scholarship Foundation?

Rey Feo Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.reyfeoscholarship.com

Learn more at the official website: www.reyfeoscholarship.com

Mission Statement of Rey Feo Scholarship Foundation

The Rey Feo Scholarship Foundation is committed to providing scholarships that aid students in their pursuit of higher education. This nonprofit organization is dedicated to making education accessible to individuals regardless of their race, color, religion, or gender. Beyond offering financial assistance, the Rey Feo Scholarship Foundation aims to raise awareness about the attainability of higher education within the San Antonio, Texas area. This is accomplished through the annual Rey Feo event, which brings educational awareness to local students. By supporting this event, the foundation contributes to fostering a culture of learning and opportunity for the youth in its community.

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Impact




July, 2024

The Rey Feo Scholarship Foundation's impact is significant in providing scholarships to help students achieve higher education. By supporting the annual Rey Feo event that brings educational awareness to the students of San Antonio and surrounding areas, the foundation is actively promoting accessibility to higher education regardless of race, color, religion, or gender. This initiative not only supports students financially but also advocates for the importance of pursuing further education, thereby positively impacting the educational opportunities for students in the San Antonio, Texas area.




This information is meant to be a general summary of Rey Feo Scholarship 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.

Revenue
$825,968 (2022)
Expenses
$461,456 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,510
  • Gross Receipts: $1,029,466

Assets and Liabilities:

  • Total Assets: $1,120,451
  • Total Liabilities: $7,256
  • Net Assets: $1,113,195

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Organization Details

Founding Year

1960

Principal Officer

Johnny Gabriel

Main Address

626 AVE E, SAN ANTONIO, TX, 78215

NTEE Category

Code: B82Z - Education

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