Overview
What is Houston Junior Forum Inc?
Houston Junior Forum Inc, a nonprofit organization based in Houston, Texas, was established with a mission to serve children, youth, women, and senior adults in the Greater Houston area. The organization is renowned for its HJF College Scholarship Program, which was initiated in 1976. This program supports academically outstanding high school graduates who attended the HJF Community Houston Preschool. Although the preschool ceased operations in 2009, the scholarship program continues to thrive, providing grants up to $3,000 annually to former preschool students for tuition, books, clothing, or living expenses. The program maintains regular contact with scholarship recipients and has awarded over $843,000 since its inception. Houston Junior Forum Inc employs a small team of four individuals, demonstrating its dedication to these charitable causes.
Official website here: www.houstonjuniorforum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star Rating
Houston Junior Forum Inc has received a solid Three-Star rating from Charity Navigator, with an overall score of 77%. This rating reflects the organization's strong commitment to accountability and finance, as the entire score is derived from this singular beacon. They achieved high marks in most areas, indicating effective management and transparency in financial practices.
The organization demonstrates a robust governance structure, with 100% of its board members being independent, contributing to a strong oversight mechanism. Their accountability practices are commendable, with no material diversion of assets noted and a high program expense ratio of 86.87%, suggesting that the majority of their funds are allocated directly to programs rather than administrative costs. Additionally, their fiscal responsibilities are well-documented, with board meeting minutes and policies for conflict of interest and document retention in place.
However, there is a notable limitation regarding their whistleblower policy, which is currently missing. While this does not detract significantly from their overall score, it highlights an area where improvement could enhance their governance framework further. Overall, Houston Junior Forum Inc shows strong financial health and operational transparency, making it a reliable nonprofit in its field.
This AI summary has been generated from information found on Charity Navigator.
Is Houston Junior Forum Inc legitimate?
Houston Junior Forum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Junior Forum Inc 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:
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Other Salaries and Wages: $78,405
For more financial information, click here
Official website here: www.houstonjuniorforum.org
What is the mission statement of Houston Junior Forum Inc?
Houston Junior Forum Inc, as a nonprofit organization, is dedicated to providing charitable services to children, youth, women, and senior adults residing in various communities within the Greater Houston area. Their mission is to support these groups through various initiatives. One of their notable programs is the Houston Junior Forum College Scholarship Program, established in 1976. This program offers financial aid to the most deserving high school graduates who attended the organization's preschool. Despite the preschool's closure in 2009, the scholarship program continues to support former students, providing grants up to $3,000 annually for tuition, books, clothing, or living expenses. Since its inception, the program has awarded over $843,000 to beneficiaries. Additionally, the scholarship program maintains contact with recipients throughout the year and provides incentives, including study supplies, snacks, and gift cards, during exam periods and upon graduation.
Official website here: www.houstonjuniorforum.org
Who is the CEO of Houston Junior Forum Inc?
Lauri Wasmuth is the President of Houston Junior Forum Inc.
Official website here: www.houstonjuniorforum.org
What is the revenue of Houston Junior Forum Inc?
Houston Junior Forum Inc's revenue in 2022 was $581,169.
Official website here: www.houstonjuniorforum.org
Who are the executives of Houston Junior Forum Inc and what are their salaries?
The average compensation at Houston Junior Forum Inc during 2022 was $19,601. There are 4 employees and 336 volunteers at Houston Junior Forum Inc.
Here are 36 key members and their salaries:
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Official website here: www.houstonjuniorforum.org
Where can I find the form 990 for Houston Junior Forum Inc?
Houston Junior Forum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.houstonjuniorforum.org
Learn more at the official website: www.houstonjuniorforum.org
Mission Statement of Houston Junior Forum Inc
Houston Junior Forum, Inc. is a nonprofit organization dedicated to providing charitable services to children, youth, women, and senior adults residing in various communities within the Greater Houston area. The organization's primary mission is to make a positive impact on these demographics through its various initiatives and programs. Houston Junior Forum, Inc. is deeply committed to this cause, striving to improve the lives of those in need and promote community development.
One of the ways Houston Junior Forum, Inc. achieves its mission is by offering financial assistance through its College Scholarship Program. Established in 1976, this program aims to support the educational aspirations of high school graduates who previously attended the HJF Community Houston Preschool. Although the preschool closed in 2009, the scholarship program continues to thrive, benefiting former preschool students. Eligible students receive grants to cover tuition, books, clothing, or living expenses, with awards ranging up to $3,000 per academic year. Since its inception, the program has provided over $843,000 in financial aid to deserving students. In the 2021-2022 academic year, 20 students were recipients of these scholarships.
In addition to the scholarship program, Houston Junior Forum, Inc. annually distributes incentives to its scholarship recipients during exam periods. This includes supplying study snacks and gift cards, totalling approximately $2,500 per year. These gestures recognize exceptional performance and serve as motivation for students, as well as offering rewards upon graduation. This holistic approach to education and support helps to empower students and set them up for success in their future endeavors.
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Impact
July, 2024
Houston Junior Forum Inc, through its charitable services to children, youth, women, and senior adults in the Greater Houston area, has made a tangible impact on the community. One notable initiative is the HJF College Scholarship Program, which has provided financial assistance to high school graduates who attended the HJF Community Houston Preschool. Despite the preschool closing in 2009, the organization continues to support former preschool students through college scholarships. To date, the program has awarded more than $843,000 to students, providing them with opportunities to further their education and pursue their goals. Additionally, the annual distribution of supplies, study snacks, and gift cards to scholarship recipients demonstrates a commitment to student success and support throughout their academic journeys. Overall, Houston Junior Forum Inc's dedication to empowering individuals through education and community engagement exemplifies its significant impact on the Greater Houston area.
This information is meant to be a general summary of Houston Junior Forum Inc. 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: $45,098
- Program Service Revenue: $12,966
- Gross Receipts: $1,064,779
Assets and Liabilities:
- Total Assets: $2,287,945
- Total Liabilities: $88,321
- Net Assets: $2,199,624
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Events & activities
Revenue
$12,966
Organization Details
Founding Year
1954
Phone
(713) 868-1850Principal Officer
Lauri Wasmuth
Main Address
PO Box 7941, Houston, TX, 77270
Website
www.houstonjuniorforum.orgNTEE Category
Code: S80Z - Community improvement
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