Overview
What is Hidalgo Independent School District Scholarship Foundation?
The Hidalgo Independent School District Scholarship Foundation, based in Hidalgo, Texas, is a nonprofit organization dedicated to supporting its local community's future leaders. Their primary mission involves granting academic and vocational scholarships to graduating students, empowering them with financial aid for further education or professional development. This foundation plays a pivotal role in fostering education and skills development within the region, contributing to the overall growth and prosperity of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Hidalgo Independent School District Scholarship Foundation has achieved a Two-Star rating, primarily driven by its Accountability & Finance score. The organization demonstrates strong governance with 100% independent board members and a solid liabilities to assets ratio, indicating a stable financial position. Additionally, a high program expense ratio of 72.45% reflects a commitment to its mission, emphasizing that a significant portion of its resources is directed towards programs rather than administrative costs.
However, the foundation's rating is negatively impacted by several missing governance policies, including a conflict of interest policy, whistleblower policy, and document retention policy. Furthermore, the absence of its tax form on the nonprofit's website raises concerns about transparency and accessibility of financial information to the public. These limitations suggest areas for improvement in governance practices and overall transparency, which could enhance trust and accountability in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Hidalgo Independent School District Scholarship Foundation legitimate?
Hidalgo Independent School District Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hidalgo Independent School District 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.
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What is the mission statement of Hidalgo Independent School District Scholarship Foundation?
The Hidalgo Independent School District Scholarship Foundation's mission is centered around providing academic and vocational scholarships to graduating students. This organization works diligently to support the educational aspirations of its beneficiaries, aiming to empower them with the necessary financial aid to pursue their academic or vocational careers. By issuing these scholarships, the foundation seeks to contribute to the overall development and success of the students, enabling them to reach their full potential.
Who is the CEO of Hidalgo Independent School District Scholarship Foundation?
Benjamin Arjona is the Principal Officer of Hidalgo Independent School District Scholarship Foundation.
What is the revenue of Hidalgo Independent School District Scholarship Foundation?
Hidalgo Independent School District Scholarship Foundation's revenue in 2022 was $30,565.
Who are the executives of Hidalgo Independent School District Scholarship Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Hidalgo Independent School District Scholarship Foundation?
Hidalgo Independent School District Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hidalgo Independent School District Scholarship Foundation
The Hidalgo Independent School District Scholarship Foundation's mission, in essence, lies in the distribution of academic and vocational scholarships to graduating students. This nonprofit organization aims to financially assist deserving students who are about to embark on their educational or vocational journeys, thereby enabling them to pursue their aspirations without being burdened by financial constraints. In the recent past, the foundation has successfully granted scholarships to sixty-three graduating students, demonstrating its commitment to fostering educational opportunities for young individuals.
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Impact
August, 2024
The Hidalgo Independent School District Scholarship Foundation's impact includes issuing academic and vocational scholarships to graduating students in Hidalgo, TX. Recently, the foundation provided scholarships to sixty-three graduating students, helping them pursue their educational and career aspirations. By supporting these students financially, the foundation plays a crucial role in enabling access to higher education and vocational training, ultimately contributing to the academic and professional success of individuals within the community. This targeted support aligns with the foundation's mission of providing opportunities for graduating students to further their education and skills development.
This information is meant to be a general summary of Hidalgo Independent School District 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,548
- Gross Receipts: $30,565
Assets and Liabilities:
- Total Assets: $2,345,655
- Total Liabilities: $0
- Net Assets: $2,345,655
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Organization Details
Phone
(956) 843-4495Principal Officer
Benjamin Arjona
Main Address
PO DRAWER D, HIDALGO, TX, 78557
NTEE Category
Code: B82 - Education
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