Overview
What is Houston Livestock Show And Rodeo Educational Fund?
The Houston Livestock Show and Rodeo Educational Fund is a Texas-based nonprofit organization, established in 1988 and recognized as tax-exempt under section 501(c)(3) of the Internal Revenue Code. Their primary focus is on awarding scholarships and grants while also educating the public about their initiatives. They provide support to students pursuing their degrees through various programs, including student assistance, campus events, and alumni mentoring. The organization's headquarters are located in Houston, TX, where they carry out their mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Houston Livestock Show And Rodeo Educational Fund has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score is derived entirely from its robust accountability practices, indicating a strong commitment to transparency and responsible financial management.
One of the organization's notable strengths is its independent board structure, with 95% of its members being independent. Additionally, the fund is committed to oversight, demonstrated by an effective audit committee and no reported material diversions of assets. The high program expense ratio of 98.23% showcases their focus on allocating funds towards their educational initiatives rather than administrative costs.
While the organization exhibits many strengths in governance and financial performance, it remains essential for stakeholders to remain engaged and informed about its ongoing initiatives and community impact. The strong accountability measures in place provide reassurance of the fund's integrity and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Houston Livestock Show And Rodeo Educational Fund legitimate?
Houston Livestock Show And Rodeo Educational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Livestock Show And Rodeo Educational 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $322,937
For more financial information, click here
What is the mission statement of Houston Livestock Show And Rodeo Educational Fund?
The Houston Livestock Show and Rodeo Educational Fund is a non-profit organization dedicated to awarding scholarships and grants, and educating the public about its initiatives. Established in 1988, it operates under section 501(c)(3) of the Internal Revenue Code, and is based out of Houston. The organization's primary goal is to provide support to students pursuing their degree goals while striving to meet the public's growing awareness of its activities. This is achieved through various means, including student assistance programs, campus events, and alumni mentoring. Ultimately, the Houston Livestock Show and Rodeo Educational Fund aims to empower students and broaden the understanding of its mission within the community.
Who is the CEO of Houston Livestock Show And Rodeo Educational Fund?
Chris Boleman is the President of Houston Livestock Show And Rodeo Educational Fund.
What is the revenue of Houston Livestock Show And Rodeo Educational Fund?
Houston Livestock Show And Rodeo Educational Fund's revenue in 2022 was $20,146,267.
Who are the executives of Houston Livestock Show And Rodeo Educational Fund and what are their salaries?
There 35000 volunteers at Houston Livestock Show And Rodeo Educational Fund.
Here are 23 key members and their salaries:
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Where can I find the form 990 for Houston Livestock Show And Rodeo Educational Fund?
Houston Livestock Show And Rodeo Educational Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Houston Livestock Show And Rodeo Educational Fund
The Houston Livestock Show and Rodeo Educational Fund is a nonprofit organization dedicated to awarding scholarships and grants, while also educating the public on its initiatives. Established in 1988 and granted tax-exempt status under section 501(c)(3) of the Internal Revenue Code, this charitable entity goes beyond financial aid. It strives to support scholarship students in their pursuit of higher education by offering various programs and resources.
The Houston Livestock Show and Rodeo Educational Fund provides assistance to students through campus events, student mentoring, and alumni networks. By doing so, it not only helps students financially but also offers them valuable opportunities for networking and growth within their academic community. The organization's commitment to education extends beyond just financial support, as it recognizes the importance of creating a supportive environment for students to thrive.
In summary, the Houston Livestock Show and Rodeo Educational Fund is a nonprofit organization that awards scholarships and grants and offers resources to support students in achieving their academic goals. By providing a range of programs and services, this organization empowers students to succeed and contribute to their respective communities.
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Impact
October, 2024
The Houston Livestock Show and Rodeo Educational Fund significantly impacts education and professional development within the community. By awarding scholarships and grants, it supports students in achieving their academic goals, which is crucial for fostering a skilled workforce. The Fund also focuses on public education regarding its initiatives, ensuring transparency and community involvement.
In addition to financial assistance, the organization provides essential resources that aid scholarship recipients in their educational journeys. Programs such as student assistance, campus events, and alumni mentoring facilitate valuable connections and support systems, helping students navigate their academic paths more effectively. This multifaceted approach not only empowers individuals to succeed in their studies but also strengthens the overall educational landscape in the Houston area.
This information is meant to be a general summary of Houston Livestock Show And Rodeo Educational 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 2022.
- Investment Income: $6,064,129
- Gross Receipts: $29,089,710
Assets and Liabilities:
- Total Assets: $92,016,074
- Total Liabilities: $28,764,377
- Net Assets: $63,251,697
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Organization Details
Founding Year
1988
Phone
(832) 667-1000Principal Officer
Chris Boleman
Main Address
3 NRG PARK, HOUSTON, TX, 77054
NTEE Category
Code: N520 - Recreation
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