Overview
What is Groveton Ex-Students Association?
The Groveton Ex-Students Association is a nonprofit organization that, as part of its initiatives, provides scholarships to college-eligible former students. Their primary mission is centered around financially supporting these ex-students in their pursuit of higher education. The Association's activities are focused on this scholarship program, aiming to make higher education more accessible for its alumni. By offering these scholarships, the Association demonstrates its commitment to empowering its former students and contributing to their future success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and transparency within the Groveton Ex-Students Association. The organization demonstrates strong governance through its fully independent board and effective asset management, indicating a solid foundation for financial practices.
Despite these strengths, the organization has notable shortcomings in key areas of transparency. The absence of a conflict of interest policy, whistleblower policy, and guidelines for document retention raises concerns about accountability. Additionally, the lack of a listed website on tax forms and failure to post tax documents online further detracts from its overall rating.
Overall, while Groveton Ex-Students Association exhibits strengths in board independence and financial ratios, the lack of critical policies and public accessibility to documents highlights areas for improvement that could enhance trust and transparency with supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Groveton Ex-Students Association legitimate?
Groveton Ex-Students Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Groveton Ex-Students Association 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.
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What is the mission statement of Groveton Ex-Students Association?
The Groveton Ex-Students Association's mission is centered around providing financial aid in the form of scholarships. This is done specifically for college-eligible students who were formerly enrolled in the association's educational institutions. By offering these scholarships, the organization aims to support the higher education aspirations of its ex-students, thereby contributing to their future academic and professional growth. The association's activities primarily revolve around this scholarship program, which is a testament to its commitment towards the educational advancement of its former students.
Who is the CEO of Groveton Ex-Students Association?
Jo Ann Beken is the President of Groveton Ex-Students Association.
What is the revenue of Groveton Ex-Students Association?
Groveton Ex-Students Association's revenue in 2023 was $78,712.
Who are the executives of Groveton Ex-Students Association and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Groveton Ex-Students Association?
Groveton Ex-Students Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Groveton Ex-Students Association
The Groveton Ex-Students Association is dedicated to awarding scholarships for college-eligible ex-students. As part of its mission, this organization provides financial assistance to individuals who have previously attended Groveton Schools and are now pursuing higher education. By offering scholarships, the association aims to support and empower these individuals in their academic journey, enabling them to achieve their educational goals and lay a solid foundation for their future. The Groveton Ex-Students Association's commitment to scholarship awards reflects its belief in the importance of education and its role in transforming lives.
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Impact
August, 2024
The Groveton Ex-Students Association has a significant impact on the community by awarding scholarships to college-eligible ex-students. Through this program, they provide financial support to individuals pursuing higher education, helping them achieve their academic goals and further their careers. By investing in the educational advancement of ex-students, the association plays a vital role in empowering individuals and contributing to the growth and development of the community.
This information is meant to be a general summary of Groveton Ex-Students Association. 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: $51,659
- Gross Receipts: $78,712
Assets and Liabilities:
- Total Assets: $1,268,443
- Total Liabilities: $0
- Net Assets: $1,268,443
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Organization Details
Founding Year
1961
Phone
(936) 635-4903Principal Officer
Jo Ann Beken
Main Address
PO BOX 70, GROVETON, TX, 75845
NTEE Category
Code: B84Z - Education
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