Overview
What is Seaford School District Scholarship Foundation Inc?
The Seaford School District Scholarship Foundation Inc, situated in Seaford, Delaware, is a dedicated nonprofit organization. Its primary mission is to offer scholarships to deserving graduates from Seaford Senior High School. The foundation relies on contributions from local individuals and organizations to fund these scholarships, demonstrating its strong community ties. Its purpose is to support the educational pursuits of qualified students, thereby contributing to their future success and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Stars
The Seaford School District Scholarship Foundation Inc has received a solid rating of 80% from Charity Navigator, signifying a strong performance in accountability and finance. This score reflects the organization's commitment to transparency and responsible financial management, with a notable 100% of its board members being independent. Such governance structures are crucial for maintaining integrity and trust within the nonprofit sector.
The foundation demonstrates an excellent financial position, with a liabilities to assets ratio of 0.00%, indicating it has no debts relative to its assets. Additionally, it allocates 100% of its expenses towards its programs, showcasing a clear dedication to its mission of supporting educational scholarships. The presence of a conflict of interest policy further strengthens its accountability.
However, there are a couple of areas where the organization could improve. It currently lacks a whistleblower policy and a document retention and destruction policy, both of which are important for ensuring operational integrity and compliance. Overall, while the foundation shows many strengths in governance and financial health, addressing these gaps could enhance its overall performance and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Seaford School District Scholarship Foundation Inc legitimate?
Seaford School District Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seaford School District Scholarship Foundation 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Seaford School District Scholarship Foundation Inc?
The Seaford School District Scholarship Foundation Inc's mission is centered around providing financial aid in the form of scholarships to deserving graduates from Seaford Senior High School. This charitable organization relies on contributions from individuals and local organizations within its community to fund these scholarships. The foundation's primary goal is to empower these students with the financial means to pursue their higher education, thereby opening up opportunities for their future.
Who is the CEO of Seaford School District Scholarship Foundation Inc?
Amy Steele is the Secretary of Seaford School District Scholarship Foundation Inc.
What is the revenue of Seaford School District Scholarship Foundation Inc?
Seaford School District Scholarship Foundation Inc's revenue in 2022 was $30,251.
Who are the executives of Seaford School District Scholarship Foundation Inc and what are their salaries?
There 25 volunteers at Seaford School District Scholarship Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Seaford School District Scholarship Foundation Inc?
Seaford School District Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seaford School District Scholarship Foundation Inc
The Seaford School District Scholarship Foundation Inc, as its mission statement suggests, is committed to providing scholarships to qualified graduates of Seaford Senior High School. This nonprofit organization receives contributions from individuals and local organizations to achieve this goal. By offering scholarships, the foundation aims to support the educational aspirations of deserving students, thereby contributing to their personal growth and future success. The foundation's mission is a testament to its commitment to investing in the future of its community's youth.
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Impact
August, 2024
The Seaford School District Scholarship Foundation Inc's impact is clear and direct - it provides scholarships to qualifying graduates of Seaford Senior High School. By offering financial aid to these students, the foundation helps them pursue higher education and achieve their academic goals. Through the support of individuals and organizations in the local area, the foundation plays a crucial role in creating opportunities for deserving students in Seaford, DE.
This information is meant to be a general summary of Seaford School District Scholarship Foundation 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: $25,540
- Gross Receipts: $30,251
Assets and Liabilities:
- Total Assets: $809,301
- Total Liabilities: $0
- Net Assets: $809,301
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Organization Details
Founding Year
2013
Principal Officer
Amy Steele
Main Address
390 N MARKET ST EXT, SEAFORD, DE, 19973
NTEE Category
Code: B82 - Education
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