Overview
What is Chinese Professional Club Scholarship Fund?
The Chinese Professional Club Scholarship Fund is a nonprofit organization situated in Missouri City, Texas. Its primary mission is to grant scholarships to deserving and financially needy students in the Houston area, aiming to promote higher education and honor academic achievements. Beyond its scholarship program, the fund also offers membership opportunities for individuals who share its vision. The organization's goal is to encourage and recognize outstanding students in the Houston community, contributing to their educational journey and personal growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
The Chinese Professional Club Scholarship Fund has received a 73% rating from Charity Navigator, which translates to a Two-Star rating. This score is derived entirely from its accountability and finance metrics, reflecting the organization's transparency and responsible financial management practices. The charity boasts an impressive 100% of independent board members, indicating a strong governance structure.
Key strengths include a high program expense ratio of 80.06%, which suggests that a significant portion of funds is directed towards its programs rather than administrative costs. Additionally, the organization has demonstrated sound financial management with a 0.00% liabilities to assets ratio, showcasing its fiscal health. The documentation of board meeting minutes further reinforces the charity's commitment to accountability.
However, with a Two-Star rating, there may be areas for improvement in overall effectiveness or program impact that are not captured solely by financial metrics. While the organization excels in financial governance, potential donors may want to consider the broader impact of its programs and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Chinese Professional Club Scholarship Fund legitimate?
Chinese Professional Club Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chinese Professional Club 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: $0
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Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Chinese Professional Club Scholarship Fund?
The Chinese Professional Club Scholarship Fund's mission is to grant scholarships to deserving and financially struggling students, enabling them to pursue higher education. This initiative serves as a platform to recognize and motivate talented students within the Houston area. Beyond the scholarship program, the fund also provides membership opportunities.
What is the revenue of Chinese Professional Club Scholarship Fund?
Chinese Professional Club Scholarship Fund's revenue in 2023 was $85,209.
Who are the executives of Chinese Professional Club Scholarship Fund and what are their salaries?
There 40 volunteers at Chinese Professional Club Scholarship Fund.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Chinese Professional Club Scholarship Fund?
Chinese Professional Club Scholarship Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Chinese Professional Club Scholarship Fund
The Chinese Professional Club Scholarship Fund is committed to recognizing and encouraging academic excellence among students in the Houston area. This nonprofit organization achieves this goal by awarding scholarships to qualified and financially needy students who are pursuing higher education. By offering these scholarships, the Chinese Professional Club Scholarship Fund aims to provide financial assistance and encourage talented individuals to further their education. In addition to its scholarship program, the organization also offers membership opportunities, although specific details about these memberships are not provided in the given information.
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Impact
August, 2024
The Chinese Professional Club Scholarship Fund's impact can be seen in the support it provides to qualified and needy students in the Houston area. By awarding scholarships, the Fund not only helps students pursue higher education but also recognizes and encourages academic excellence. This assistance plays a crucial role in opening doors to educational opportunities for individuals who may not have had the financial means otherwise. Through their efforts, the Fund is making a tangible difference in the lives of students, empowering them to achieve their academic goals and reach their full potential.
This information is meant to be a general summary of Chinese Professional Club 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 2023.
- Investment Income: $54,842
- Gross Receipts: $85,209
Assets and Liabilities:
- Total Assets: $1,228,019
- Total Liabilities: $0
- Net Assets: $1,228,019
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Organization Details
Founding Year
1977
Principal Officer
Terry Chen
NTEE Category
Code: B82 - Education
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