Overview
What is Out For Education?
Out for Education, based in Houston, Texas, is a nonprofit organization committed to supporting LGBTQ students pursuing higher education. The organization is run entirely by volunteer professionals within the LGBTQ community. Their primary mission is to provide scholarships to eligible college students who identify as LGBTQ, demonstrating their dedication to fostering academic success in this community.
Official website here: www.outforeducation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (73%)
Out For Education has received a two-star rating from Charity Navigator, indicating a need for improvement. The organization scores 73% overall, with a particularly strong program expense ratio of 96.52%, suggesting that a significant portion of its resources is directed toward its programs. Additionally, it has a good record regarding material diversion of assets and adherence to various policies, including conflict of interest and whistleblower policies.
However, the organization faces challenges in governance, notably a complete lack of independent board members, which affects its accountability score. There are also deficiencies in its document retention and destruction policies, which were not available. While the organization demonstrates competence in certain operational areas, these governance issues may raise concerns among potential donors and stakeholders regarding its oversight and long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Out For Education legitimate?
Out For Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Out For Education 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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Official website here: www.outforeducation.org
What is the mission statement of Out For Education?
Out for Education, an organization led by professional volunteers who identify as part of the LGBTQ+ community, is committed to its mission. This mission primarily involves providing scholarships to eligible college students, not limited to just those identifying as LGBTQ+. The organization's goal is to support these students financially, thereby opening up educational opportunities and fostering a more inclusive higher education environment. Out for Education does not offer any additional programming beyond its scholarship initiative.
Official website here: www.outforeducation.org
Who is the CEO of Out For Education?
Sally Woodell is the President of Out For Education.
Official website here: www.outforeducation.org
What is the revenue of Out For Education?
Out For Education's revenue in 2022 was $160,374.
Official website here: www.outforeducation.org
Who are the executives of Out For Education and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.outforeducation.org
Where can I find the form 990 for Out For Education?
Out For Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.outforeducation.org
Learn more at the official website: www.outforeducation.org
Mission Statement of Out For Education
Out for Education, a nonprofit organization, is dedicated to providing scholorships to students identified as LGBTQ+ and other eligible individuals pursuing higher education. The mission of this organization is to offer financial assistance to these students, thereby removing some of the financial barriers they may face in their academic journey. The Board of Directors for Out for Education is composed entirely of professional volunteers who identify as LGBTQ+, demonstrating their commitment to supporting their community. The organization does not provide any programming beyond the scholarships it offers, focusing solely on this specific aspect of supporting LGBTQ+ students in their educational pursuits.
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Impact
October, 2024
Out For Education directly impacts the academic and personal growth of LGBTQ+ college students by providing essential scholarships that alleviate financial barriers to higher education. By focusing exclusively on this demographic, Out For Education not only fosters a more inclusive academic environment but also empowers students to pursue their educational and professional aspirations without the added burden of financial strain.
The scholarship opportunities provided enable LGBTQ+ students, who may often face unique challenges, to access higher education and enhance their skills in a supportive environment. The involvement of an all-volunteer board composed of professional LGBTQ individuals further strengthens the organization's commitment to representation and mentorship. Overall, Out For Education plays a crucial role in promoting equity and opportunity within the educational landscape in Houston, Texas, positively influencing the lives of young scholars and their communities.
This information is meant to be a general summary of Out For Education. 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: $14,829
- Gross Receipts: $208,119
Assets and Liabilities:
- Total Assets: $638,739
- Total Liabilities: $0
- Net Assets: $638,739
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Organization Details
Founding Year
1999
Principal Officer
Sally Woodell
Main Address
PO Box 667010, Houston, TX, 77266
Website
www.outforeducation.orgNTEE Category
Code: B82 - Education
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