Overview
What is Lufkin High School Alumni Association?
The Lufkin High School Alumni Association is a nonprofit organization situated in Lufkin, Texas. Its primary mission is to offer college scholarships to deserving graduates of Lufkin High School. Besides scholarships, they also honor exceptional teachers within the school with awards. Furthermore, the association continues to support its scholarship recipients throughout their academic journey. The organization plays a significant role in the Lufkin community by contributing to educational advancement and recognizing dedicated educators.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 64%)
The Lufkin High School Alumni Association has received a Two-Star rating from Charity Navigator, indicating a need for improvement. The overall score of 64% suggests that while the organization demonstrates some strengths in governance and financial accountability, it also faces notable deficiencies, particularly in transparency and financial reporting, as evidenced by the absence of financial statements on its website.
Strengths include a fully independent board, with 100% of members meeting independence criteria, and a low liabilities to assets ratio, suggesting sound financial health. Additionally, the organization has established policies for conflict of interest, whistleblower protection, and document retention, reflecting a commitment to good governance practices.
However, significant limitations are apparent in the lack of financial statements and the missing tax form on the nonprofit’s website, which has contributed to a low score in transparency. The program expense ratio is also below expectations at 58.02%, indicating that a larger portion of the budget may not be directed towards program services. Overall, while the Lufkin High School Alumni Association exhibits strong governance practices, it must address its transparency issues to enhance its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Lufkin High School Alumni Association legitimate?
Lufkin High School Alumni Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lufkin High School Alumni 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,236
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What is the mission statement of Lufkin High School Alumni Association?
The Lufkin High School Alumni Association is dedicated to supporting its alumni by providing college scholarships. Their primary objective is to assist graduates of Lufkin High School in furthering their education. Beyond scholarships, they also recognize outstanding teachers within the school through teacher awards. The association's mission is centered around empowering its former students to pursue higher education and recognizing the educational contributions of its teachers.
Who is the CEO of Lufkin High School Alumni Association?
Unavailable
What is the revenue of Lufkin High School Alumni Association?
Lufkin High School Alumni Association's revenue in 2021 was $1,226,745.
Who are the executives of Lufkin High School Alumni Association and what are their salaries?
Where can I find the form 990 for Lufkin High School Alumni Association?
Lufkin High School Alumni Association's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Lufkin High School Alumni Association
The Lufkin High School Alumni Association is dedicated to supporting the academic aspirations of its alumni. Its primary mission is to provide college scholarships for graduates of Lufkin High School. By offering these scholarships, the association aims to assist deserving individuals in pursuing higher education and achieving their academic goals. In addition to this, the Lufkin High School Alumni Association also recognizes the exceptional work of teachers at the school by awarding them with teacher awards.
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Impact
July, 2024
The impact of the Lufkin High School Alumni Association is significant in providing college scholarships for graduates of Lufkin High School. By awarding these scholarships, the association is directly contributing to the educational advancement and future success of the students. Additionally, the association's recognition of outstanding teachers through awards further enhances the educational environment at the school. Through its initiatives, the Lufkin High School Alumni Association is actively promoting education and supporting the academic pursuits of the community's youth.
This information is meant to be a general summary of Lufkin High School Alumni 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 2021.
- Investment Income: $1,077,198
- Gross Receipts: $1,226,770
Assets and Liabilities:
- Total Assets: $5,447,653
- Total Liabilities: $454,470
- Net Assets: $4,993,183
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Organization Details
Founding Year
1986
Phone
(936) 632-4155Main Address
PO BOX 150837, LUFKIN, TX, 75915
NTEE Category
Code: B84Z - Education
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