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Crossover Scholarship Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813691515 ✦ Tulsa, OK ✦ Designated as a 501(c)(3)

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Overview

What is Crossover Scholarship Fund Inc?

Crossover Scholarship Fund Inc, located in Tulsa, Oklahoma, is a nonprofit organization dedicated to providing financial aid for students attending Crossover Preparatory Academy. Their primary mission revolves around offering scholarships, aiming to support the educational journey of these students. The organization is committed to this cause, as evidenced by the description provided in the information array. The exact number of employees or any additional programs or initiatives weren't specified in the provided data, but the organization's focus on scholarships is clear.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64% (Two-Star out of Four Stars)

Crossover Scholarship Fund Inc has received a Two-Star rating from Charity Navigator, indicating potential concerns regarding its accountability and financial practices. The rating is derived entirely from the Accountability & Finance score, which stands at 64%. This score reflects both strengths and weaknesses in the organization's governance and transparency.

One notable strength is the high program expense ratio of 99.48%, suggesting that almost all of its expenditures are directed toward its charitable programs. The organization also showcases solid practices in areas like conflict of interest and whistleblower policies, both scoring full points. However, significant weaknesses are evident, including a lack of independent board members and missing financial statements, which may raise questions about oversight and transparency.

Additionally, the absence of essential documents such as the tax form on the nonprofit's website could further impact its credibility. While the charity demonstrates a strong commitment to its mission, the lack of independent governance and transparency measures may limit trust among potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Crossover Scholarship Fund Inc legitimate?

Crossover Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crossover Scholarship Fund 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 Crossover Scholarship Fund Inc?

The Crossover Scholarship Fund Inc's primary mission is to offer financial aid in the form of scholarships to students attending the Crossover Preparatory Academy. This non-profit organization is dedicated to providing these scholarships, aiming to support the education of its students and contribute to their academic success. The fund's activities are centered around raising and managing funds specifically for this purpose. By offering scholarships, the Crossover Scholarship Fund Inc is able to make higher education more accessible for deserving students, thereby enabling them to pursue their academic goals.

Who is the CEO of Crossover Scholarship Fund Inc?

Philip Abode is the Board Member of Crossover Scholarship Fund Inc.

What is the revenue of Crossover Scholarship Fund Inc?

Crossover Scholarship Fund Inc's revenue in 2022 was $633,855.

Who are the executives of Crossover Scholarship Fund Inc and what are their salaries?

There 5 volunteers at Crossover Scholarship Fund Inc.


Here are 4 key members and their salaries:


Greg Kach (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Higgins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Abode (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Crossover Scholarship Fund Inc?

Crossover Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Crossover Scholarship Fund Inc

Crossover Scholarship Fund Inc is committed to providing financial assistance for the students of Crossover Preparatory Academy. This nonprofit organization's primary mission is to offer scholarships, thus enabling deserving students to pursue their education without the burden of financial constraints. By providing these scholarships, Crossover Scholarship Fund Inc aims to empower these students, fostering their academic growth and overall development. The funds provided by the organization play a vital role in enabling these students to pursue their educational aspirations, ultimately contributing to a more educated and skilled society.

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Impact




July, 2024

Crossover Scholarship Fund Inc's impact is directly felt through the provision of scholarships for the students of Crossover Preparatory Academy in Tulsa, Oklahoma. By offering financial assistance to these students, the organization enables them to access quality education that they might not have been able to afford otherwise. This support not only impacts the individual students by opening doors to educational opportunities but also contributes to the overall improvement of the community by fostering a more educated and skilled future generation. Crossover Scholarship Fund Inc's mission to provide scholarships directly contributes to promoting education and empowering students to reach their full potential.




This information is meant to be a general summary of Crossover Scholarship Fund 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.

Revenue
$633,855 (2022)
Expenses
$823,892 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $633,855

Assets and Liabilities:

  • Total Assets: -$577,352
  • Total Liabilities: $0
  • Net Assets: -$577,352

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Organization Details

Founding Year

2016

Principal Officer

Philip Abode

Main Address

940 E 36TH ST N, TULSA, OK, 74106

NTEE Category

Code: B82 - Education

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