Overview
What is The Orestimba Scholarship Community Association - Tosca?
The Orestimba Scholarship Community Association - Tosca, based in Newman, California, is a nonprofit organization primarily focused on providing financial aid for high school graduates and individuals pursuing post-secondary education. They offer a total of 109 scholarships, as outlined in their attached schedule. The association's mission is centered around empowering individuals by enabling them to further their education, contributing to their personal growth and potential future success. The specifics of the scholarship program, such as eligibility criteria and application process, can be found in the attached schedule provided.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
The Orestimba Scholarship Community Association has received a commendable Three-Star rating from Charity Navigator, reflecting its solid performance in both accountability and impact measurement. The overall score is a composite of different beacon scores, indicating that while the organization excels in impact evaluation with a perfect score of 100, its accountability and finance score is lower at 50. This suggests there's room for improvement in financial transparency and management.
One of the notable strengths of the organization is its high program expense ratio of 97.73%, which demonstrates a strong commitment to channeling funds directly into its scholarship programs. The association's ability to generate over $1.25 in income for scholarship recipients for every dollar spent is a significant indicator of its effectiveness in achieving positive outcomes for students.
Despite its strengths, the lower score in accountability and finance could raise concerns for potential donors about the organization's governance and financial practices. Addressing these limitations may help enhance trust and support for the association moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is The Orestimba Scholarship Community Association - Tosca legitimate?
The Orestimba Scholarship Community Association - Tosca is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Orestimba Scholarship Community Association - Tosca 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 The Orestimba Scholarship Community Association - Tosca?
The Orestimba Scholarship Community Association's mission, as stated, is primarily focused on providing financial assistance for post-secondary education. They achieve this objective by granting scholarships to both high school graduates and individuals who have already completed their secondary education. The association's activities are geared towards supporting individuals in pursuing their higher education, as evidenced by the 109 scholarships they have awarded to date. While the provided information does not delve into the association's broader goals or vision, it is clear that their main focus is on facilitating access to post-secondary education for eligible individuals.
What is the revenue of The Orestimba Scholarship Community Association - Tosca?
The Orestimba Scholarship Community Association - Tosca's revenue in 2024 was $895,687.
Who are the executives of The Orestimba Scholarship Community Association - Tosca and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for The Orestimba Scholarship Community Association - Tosca?
The Orestimba Scholarship Community Association - Tosca's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Orestimba Scholarship Community Association - Tosca
The Orestimba Scholarship Community Association-Tosca, in its mission, focuses on providing financial aid for individuals pursuing post-secondary education. This nonprofit organization has a dedicated goal of awarding scholarships to high school graduates and those who have already completed their secondary education. The association's efforts in this regard have resulted in the disbursement of 109 scholarships, as per the attached schedule 1.
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Impact
July, 2024
The Orestimba Scholarship Community Association - Tosca's impact lies in its provision of 109 scholarships to high school and post-secondary graduates in Newman, CA. Through their commitment to supporting post-secondary education, they are helping to alleviate financial barriers and empower individuals to pursue further education and career opportunities. As a result, they are contributing to the development of a more educated and skilled workforce in the community.
This information is meant to be a general summary of The Orestimba Scholarship Community Association - Tosca. 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 2024.
- Investment Income: $104,195
- Gross Receipts: $2,469,499
Assets and Liabilities:
- Total Assets: $3,119,002
- Total Liabilities: $0
- Net Assets: $3,119,002
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Organization Details
Principal Officer
Debera Amaral
NTEE Category
Code: B82 - Education
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